ING pushes for open banking with SME financing platform and Yolt expansion
ING is leveraging open banking and making their SME and retail offer more attractive than ever across Europe
Innovation
BNY Mellon and Deutsche Bank launch co-developed chatbot for traders
BNY Mellon and Deutsche Bank launch chatbot for trading on the HKEX.
Money20/20 Europe keynote: the age of invisible payments (and apology from Visa)
Innovation benefits the entire ecosystem, states Visa Europe’s CEO.
Personetics accommodates challenger banks
A new customisable, pre-packaged application lowering barriers for smaller banks.
Mobile banking case study: RBC – farewell friction
Royal Bank of Canada is moving with the times with a series of useful innovations and launches.
Gibraltar Blockchain Exchange softly launches
It’s a subsidiary of the Gibraltar Stock Exchange.
Robo-advisor Munnypot is so hot for Capita
Capita becomes a shareholder in UK robo-advice investment platform.
US mobile banking challenger Chime raises $70m
It also reached over one million bank accounts this month.
Orange and Google looking to fund fintech start-ups
Interested in IoT, cybersecurity, cloud and AI in EMEA.
Ex-Simple co-founder preps developer app for launch
Shamir Karkal wants to help developers get fintech apps to market.
UK start-up Tosca Money prepares to act
Social savings service powered by a digital token.
Top fintech stories this week – 1 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Not all banks are equal in the open future
Using stars as our metaphor, let us venture to the final frontier.
Israel postpones cryptocurrency exchange regulations
Four month delay greeted with deep disdain by fintech firms.
Five Nordic banks mull KYC joint venture
They are DNB, Danske, Nordea, Handelsbanken and SEB.
CLS invests in blockchain software firm R3
Market infrastructure group provides financial support.
Infographic: high-cost credit – FCA findings and proposals
UK’s Financial Conduct Authority wants to protect people who use overdrafts and high-cost credit.
UK challenger bank Starling seeks £80m funding
Also ends its partnership with TransferWise.
Webinar: From the high street to cryptocurrency – digital ID verification for on-boarding and compliance
Register for this live webinar, taking place on 20 June.
Form3 and Mambu unveil real-time cloud payments
Will provide access to real-time payments processing in the UK and Europe.
India Stack: why I am an unashamed fan girl
The most meaningfully transformative thing I have seen in my life so far.
Deutsche Börse cuts 350 jobs to invest €270m in fintech
Interested in blockchain, big data, cloud computing, robotics and AI.
Fintech hub H:32 launches in Berlin
Innovation is addressed at Hardenbergstrasse 32.
UK challenger banks: who’s who (and what’s their tech)
A comprehensive list of the known UK bank challengers to date and the technology they are using.
Goldman Sachs heads $250m funding round in Tradeshift
Firm says its valuation now stands at $1.1 billion.
Personal finance app Fintify readies for UK-India launch
Targeting the non-resident Indian (NRI) market.
Ant Financial powers Shanghai Pudong Development Bank’s digital overhaul
Helps with risk management, AI, supply chain finance and biometrics.
Former MD of Metro Bank preps new SME challenger
New UK-based bank to be called Recognise.
Disruption on its way, are banks ready?
A disruption is typically an opportunity long before it becomes a threat.
US banking app CapWay readies to launch
Targeting millennials who are either underbanked or uncertain.
Interstellar crypto exchange sets its sights on the stars
Cameroon-based firm offers a Proxima Centauri update.
Digital money transfer service Azimo raises $20m in funding
Round led by Rakuten Capital.
Allianz leads £40m funding round in Moneyfarm
Takes UK digital wealth manager’s capital to £60m.
Big bank’s mobile app Beem IT goes live in Oz
Australian app created by CBA, NAB and Westpac.
Tandem reaches 100,000 clients, signs for Form3 paytech
Wants to match Lloyds Bank in terms of customer numbers in ten years time.
Silicon Valley Bank comes to Germany
The new branch will be based in Frankfurt.
ICICI Bank unveils innovation labs
Indian bank follows the digital trend.
China surging in payments technology: lessons for the West
What has driven the explosive growth of Asian paytech from giants such as Ant Financial and Tencent? And what’s next?
Temenos Community Forum 2018: digital to the core
A round-up of TCF 2018 – all the best bits (and pictures).
Four key takeaways from FinovateSpring 2018
FinovateSpring is always one of our most fun events every year.
