Chairmans Financial rescues Ipagoo from administration
Chairmans plans to buy 100% of Ipagoo and some assets from its parent software company.
Financial Services/Finserv
NorthOne joins forces with Radius Bank for small business mobile banking
Development partner, Treasury Prime, designed that API technology to streamline account opening.
The key segment to nurture in 2020 and beyond
The biggest challenge may be the paradoxical ways SMBs view their relationship with their bank.
Mobile technology enabling financial access to millions
Zenka is challenging its competitors and courageously conquering the Kenyan lending industry.
Trends in banking
Evolving the operational models to deliver faster customer services, cost efficiencies and competitive offering.
Top fintech stories this week – 30 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
DSK Bank fined for data breach affecting over 33,000 clients
The breach exposed full names, addresses, copies of ID cards, bank account numbers and property deed data.
EWPN and EPA collaborate on boosting equality in the finserv industry
EPA’s report shows 57% of those surveyed have personally experienced gender discrimination.
Fujitsu collaborates with Commerzbank on securitisation project
“No longer any need to wait for commercial viability of true quantum computers.”
CardX raises $2m in debt financing
The fintech helps businesses avoid credit card transaction fees.
Singapore opens applications for new digital bank licences
Applicants must be committed to Singapore’s future.
Fintech platform Bond raises $10m seed funding
The company will spend the funds on growth and product development.
Carlsberg Bank – probably the best digital bank in the world
Banks need to identify new segments and go beyond banking
Big gains in the cloud, especially for small banks
But will putting our data in the cloud put our data at risk?
Link reveals plan to protect free ATMs
The pilot scheme starts with the Scottish town of Durness.
Insurtech start-up Kin raises $47 million
The company will launch a home insurance carrier in Florida.
Raisin completes takeover of MHB-Bank
It is the first fintech in Germany to buy a bank.
Temenos acquires Kony for $559m
The transaction is due to be completed by early Q4 2019.
Tech Mahindra and Adjoint collaborate on blockchain finserv and insurance solution
This will be the firms first treasury and insurance blockchain solution offering.
Equity Group reviews its fintech unit as executives quit
The Kenyan bank is considering running Finserve Africa as a division.
R3 partners with Wethaq to digitise Islamic capital markets
The platform will make Sukuk more accessible.
LeasePlan migrates to Ohpen’s core banking system
Nearly one million Dutch and German savings accounts moved to new cloud-based system.
Experian A/NZ acquires Australian fintech Look Who’s Charging
The deal will bolster Experian’s open data offering in the region.
PNC becomes first US bank on RippleNet
The bank joined the blockchain payments platform in September 2018.
Bad bosses and hardy flowers
Moving away from bad bosses is not good advice, it is essential advice.
RBS and NatWest websites’ problems fixed – for now
Both sites have been showing a 502 Bad Gateway error.
ICBA invests in Teslar Software for community banks
The undisclosed investment brings Teslar’s seed capital to $2 million.
Empaxis teams with InvestCloud to launch TAMP1
The platform is designed for small to medium-sized investment managers.
Why should banks and fintechs work together?
Partnering up with fintechs and leveraging their agility and technological edge is what will keep banks relevant.
Ask the expert: your questions on growing the business answered
How to generate leads and reach the right decision-makers – refining your approach.
Insurtech Hedvig raises €10.3m
The funding values the company at SEK342 million ($35.5 million).
Horizon Credit Union is becoming a bank from 2 September
“Regrettably, many people don’t know what a credit union is, who can join and what they do”.
Schroders Personal Wealth troubled by IT issues
The launch of the joint venture between Lloyds and Schroders have prompted widespread complaints from staff.
Standard Bank and Nomanini sign 12-months in the making $4m deal
Nomanini will be looking to raise additional funding for growth.
Doing smarter, cleaner business: The analytics potential of trade data
Banks’ data-rich future should not begin and end with trade flows.
Indian digital payment firm BharatPe raises $50m
The company is now valued at $225 million.
Credit Suisse to focus on digital banking
“Maintaining the status quo was not an option.”
Raisin to offer pensions with acquisition of Fairr
It will be the first online marketplace to offer savings, investments and pensions.
PAI acquires Eclipse Cash Systems
The deal takes PAI’s network to over 90,000 ATMs.
Telia and OP Financial test facial recognition payment
The pair installed Finnish firm Pivo’s technology in an ice cream truck.
