TagNitecrest prints biometric payment cards in the UK
Fingerprint card payments can be made at existing point of sale terminals.
Innovation
Plum hits $4.5m new funding with 433% user growth in a year
The firm has reached 400,000 users.
To keep bigtech at bay, banks should see fintech as friend, not foe
In the face of mounting competition, financial institutions must go a step further to stand out from the crowd.
B2B payments revolution on Russian e-commerce soil
A new solution from Yandex.Money and Sberbank has every chance to make Russian B2B payment market similar to B2C or even better.
The world of payments is well and truly open
Open banking and real-time payments are turning the traditional retail banking model on its head. Are you ready?
JP Morgan and Microsoft join forces for enterprise blockchain push
Quorum to be made available through Azure Blockchain Service.
BCR opens applications for Capability and Innovation Fund Pool C
Four £10 million grants are on offer.
Refundo to return tax refunds in Bitcoin
Thanks to a recent partnership with BitPay.
Klarna brings its alt payment options to retail shops
Bringing pay later to consumers in stores.
Top fintech stories this week – 3 May 2019
May issue is out!
RPA firm UiPath closes $568m funding round
Company’s post-money valuation has grown from $110 million to $7 billion.
Indio Technologies brings digital to insurance with $20m funding
The company has raised over $30 million in total.
GFIN selects eight firms for cross-border testing pilot
Next step is to develop suitable testing plans.
Open banking: why the revolution is behind schedule
The transformation is underway – it’s just slower and less extensive than many envisaged.
You can’t always get what you want: digital misconceptions and alpacas
But if you try sometimes, you find, you get what you need. And need is bigger than want.
HSBC selects CGI for new trade tech platform
The bank wants to enable the use of innovative technologies.
DIT pilots to support UK fintech international expansion
Two bridge pilot programmes with Australia and Hong Kong.
AI and ML empower advisors by predicting their clients’ economic behaviour
The advisor’s role goes beyond managing money; it has shifted to managing lives.
Santander plans UK’s first combined voice and phone ID authentication
Customers will create a unique “voice print” at enrolment.
New national network launched to connect UK fintechs
Innovate Finance, FinTech Scotland and FinTech North are behind the initiative.
Sberbank Croatia turns to Token for open banking move
Token is seeing an increased interest for PSD2 solutions in the region.
Mosaic Smart Data enhances analytics game with $9m funding
Its machine learning (ML) models identify and alert the user to opportunities and threats.
Tink teams up with Mash
The company plans to use Tink to improve the onboarding process for new users.
All tests are not created equal: choosing the right psychometric-based credit tool
Helping to navigate through the various vendors and products available in the alternative credit scoring space.
Seven fintech firms join forces with Nationwide to address financial capability issues
EXCLUSIVE. Nationwide talks about its Open Banking for Good initiative and the selection of fintech partners.
Meed Banking Club launches in the US with member exclusives
Leveraging banking services at Vast Bank, which itself is going through a major tech revamp.
US modern card issuer Marqeta signs first Europe deals
Partnerships with companies in France, Scandinavia, Spain and Switzerland.
Unite Global now licensed to issue WOCU currency for banking
EXCLUSIVE. The WOCU currency aims to challenge the dollar-mandated status quo in trading.
WorldRemit launches international transfers to UnionPay cards
It has been enabled by a partnership with Merchantrade.
NatWest unleashes first biometric card in the UK
It recently released a new biometric payment approval feature
LendingClub shuts down SME lending arm
And redirects to alternative businesses.
Challenger bank Masthaven receives £60m investment
Masthaven aims to significantly increase lending to SMEs and consumers.
Webinar: Collaboration is key to digital banking
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How the UK fintech sector is set to fare this year
The fintech sector continues to boom and will maintain peaked interest from investors in 2019.
Fukui migrates to IBM Cloud to meet digital banking demands
The bank wants to respond quickly to changing customer preferences.
Swiss fintech opens up alternative investments market with new platform
Ambitions to become leading global marketplace.
White paper: Empowering Investment Bankers with Data Science
How to build the modern CRM system with built-in AI and machine learning.
R8 Group raises $5m and sets sights on IPO in July
Twitter co-founder Biz Stone joins as non-executive director.
Could blockchain solve Brexit?
The blockchain industry does not seem to be not stymied by the Brexit debate.
French PFM Bankin’ raises $20m in Series B
The firm has raised a total of €28 million investment since its inception.
