BBVA launches facial recognition payments
All part of its “invisible payments” strategy.
Innovation
Double up with Starling’s joint account
A mobile application for openings and break-ups.
Investment marketplace Newchip lands $2m in funding
Participants in round include JadeValue Fintech, Yeoman’s Capital and Polymath.
Biometrics firm Veridium touched by $150,000 grant
The grant is funded by the Bill and Melinda Gates Foundation.
Fintech sandboxes: bring your own sand
The importance of full-featured sandboxes for the next generation of fintech.
PayPal gets anti-fraud ability with $120m acquisition of Simility
Buys fraud prevention and risk management platform.
UK government unleashes Financial Services Skills Taskforce
Wants to secure the nation’s future post-Brexit.
Better Fintech launches for financial equality
Former Green Dot employee wants to foster financial literacy and equality in the US.
BBVA unveils Next Technologies for digital drive
Beeva and i4S become BBVA Next Technologies.
Crypto firm Fantom menaces rivals with $40m funding
Will build directed acyclic graph-based smart contract platform.
Webinar: Banking reimagined – building an integrated digital ecosystem
Join Capgemini and FinTech Futures on Wednesday, 11 July for a live webinar!
Financial sector organisations must forge ahead with video or risk getting left behind
Fantasy has quickly become reality.
Luxoft smashes it with Smashing Ideas acquisition
Smashing, lovely, super. Purchase bolsters digital research, strategy and design.
Top fintech stories this week – 22 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
IBM criticism brings more blues to TSB tech issues
Big Blue says go-live criteria to prove production wasn’t ready.
Alfa-Bank Belarus moves to OpenWay’s digital platform
Payment cards and online services migrated.
MYbank plans stellar SME support
Ant Financial brand offers the promised land.
Canada’s Interac Lab gets in on innovation hub act
Based within the Communitech tech hub in Ontario.
Israel’s crypto regulations drama drags on
Now the Association of Banks in Israel demands regulation.
US financial planner Grove gets groovy with $8m funding
It publicly launched four months ago.
Rebtel’s new digital bank for migrants lands $8m
Added to another $8m of funding.
Webinar: How to automate critical processes with compliance in mind
Are your processes compliant by design?
Corporate innovation bods, acting normal “How was your day?”
I want to tell you all about my day.
New Spanish consortium Niuron aims to promote blockchain
It already has an ongoing project for ID verification.
BBVA and Repsol finalise revolving credit facility based on DLT
Negotiation, signing and settlement were done through several blockchain networks.
Fintech rock band storms the charts
To those about to rock in a sensible manner we salute you.
Barclaycard hunts for fintech and innovation director
Wants uplift and acceleration.
How to solve a problem like cryptocurrencies
Regulation is a catalyst to convert bad money into good.
Webinar: kick-start your AI strategy
Do you know when an AI strategy is the right one?
Fiserv signs up two new credit unions to core account processing platform Portico
The duo is Sioux Valley Community and Coulee Dam Federal.
Wealthtech robo-advisor SigFig raises $50m
Series E funding round led by growth equity firm General Atlantic.
Oval Money shapes up nicely with Intesa Sanpaolo backing
Italian bank also takes stake in the automated savings platform.
Nets dives into Poland with Dotpay/eCard acquisition
Both brands will remain separate and maintain leadership.
NorthOne launches free invoice app
An app for small business owners, entrepreneurs and freelancers.
Brex unveils corporate card for start-ups
It also now has a total of $57 million in funding.
The Fintech Station has now arrived in Montreal
Finance Montreal’s new hub gets support from government of Quebec
VAKT on guard for commodities on blockchain
Partners with Deloitte and ThoughtWorks for post-trade processing.
Blockchain-based PlasmaBank breaks into Asia and Europe
The platform will also act as a marketplace for other financial products and bank accounts.
Dunedin invests in payments processor GPS’s £44m funding round
UK private equity firm takes stake in Global Processing Services.
Scottish banking start-up Nexves readies for launch
Offers financial platform which operates like a bank account.
