Video: fintech news weekly round-up – 4 February 2019
Features an investment record, Stripe, Global Financial Innovation Network, Swift and R3.
Innovation
No lonely planet for open banking in OBIE’s latest guide
Open Banking Implementation Entity is an ecosystem warrior.
Fintech investment in 2018 soars to record $40bn
Data from CB Insights shows a 120% increase from 2017.
CYBG banking shifts up a gear with Red Hat
UK bank unites digital operations on OpenShift container platform.
Paytech QUID takes high road to Canada and US
Will expand to other countries after it’s settled.
Licence lust lets Lithuania’s fintech sector soar
Sector expanded by 45% in 2018 as Google and Revolut were awarded licences.
Dinosaur and tZero unleash securities trading on blockchain
Brokerage outfit and Salt Lake City-based firm in no danger of becoming extinct.
Nixon knocks PSR job on the head
MD to leave the UK’s Payment Systems Regulator in April.
Video: Banking Technology Awards 2018 highlights
Check out the highlights of our glamorous event which took place on 13 December 2018 in London.
Industry brief: FRTB and XVA – Addressing real-time regulatory and business needs with in-memory computing
Fintech companies have already adopted GridGain in-memory computing. Find out why!
Top fintech stories this week – 1 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology February 2019 issue out now
Superstructures: fintech reaches new heights.
Nviso offers no hiding face with new biometric tech
Facial recognition solution “reveals how people really feel about money”.
School’s in with NatWest data academy
UK bank aims to train 1,000 workers in its first year.
BPP Pay launches mobile wallet in Brazil
Taking the place of Samsung and Google Pay.
Fintech app Acorns receives $105m funding
Alongside a partnership to create educational content.
China plots Nasdaq-style tech board
China Securities Regulatory Commission outlines its ideas.
Saudi Arabia and UAE unite for digital currency dream
Saudi Arabian Monetary Authority and UAE’s central bank unveil Aber project.
Swift links up with R3 for trading on blockchain
Their trial will monitor the movement of goods and payments on gpi.
R3 and SBI team up to push Corda in Japan
A new joint venture for blockchain rises in the east.
CULedger grabs $10m funding to its blockchain credit
Plans to use DLT for credit union-focused platform.
Infinito blockchain platform is one stop show
All-in-one and designed for businesses and developers.
Envestors entices start-ups with crowdfunding control
UK firm launches standalone equity crowdfunding platform.
Cross River and Railsbank create transatlantic API action
Banking on both sides of the Atlantic through a single API.
Indian banks unveil blockchain-linked funding for SMEs
The 11 lenders include ICICI, Axis, Yes Bank and Standard Chartered.
IBM, PNC Bank and health insurers set up blockchain network
To improve the efficiency of the health sector.
TrueLayer unveils payments API
UK firm launches it in the name of open banking and PSD2.
M1 Finance takes on banks with new checking account
Called M1 Spend, it integrates within the US firm’s current app.
Mizuho makes move on Chinese fintech start-ups
Signs MoU with Zhongguancun Development Group for fresh talent.
Wirecard launches API developer portal
Initially designed for issuing solutions, but full scope on the way.
First Direct unleashes social media payments
Today is fdpay day as peer to peer payments are on the way.
DBS chief innovation officer Neal Cross leaves for fintech start-up
Calls time on five lively years and moves to PictureWealth.
Samsung to unveil crypto wallet
The Galaxy S10 will allow users to trade, transact and store coins.
Webinar: The ROI of AI – Converting conversational AI into revenue for banks
Learn how to increase customer lifetime value, customer retention and reduce costs
Banking Competition Remedies back for seconds
Second Incentivised Switching Scheme application window to open in June.
Barclays raises Rise Growth Investment funds for fintech start-ups
Will offer new investment capital of £10 million per programme.
Swift gpi delights in double digit growth
Global payments innovation service’s values also exceed $300 billion daily.
Bankart to go live with Nets instant payments in Slovenia
It’s late but they now have got final approval from the Slovenian Central Bank.
SBI fuels $15m funding in Tangem’s blockchain smart cards
Swiss firm plans to “bring blockchain to people’s everyday life”.
ING Bank gets unlimited access to R3’s Corda
Unlimited (blockchain) power!
