Sampath Bank launches virtual teller machine
The branch-in-a kiosk solution that will provide customers with 24/7 banking services.
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Leveraging APIs to aggregate demand and transform economies of scale
Are businesses fully utilising the power of APIs?
Introducing: Finovate Podcast
A short, interview-based podcast featuring conversations from fintech’s elite innovators and influencers.
CFPB and state regulators launch US consumer network for fintech
The network will drive competition, consumer access and financial inclusion.
Element AI raises CAD 200m in Series B funding round
Element AI has raised CAD 340 million in total so far.
Video: Top fintech stories this week – 15 September 2019
Industry’s top stories and happenings from across the globe.
Deutsche Bank launches first Shanghai innovation hub
The new hub will be the innovation arm of Deutsche Bank in China.
Northmill receives banking licence from Swedish Authority
The neobank says it’s had a “constructive dialogue” with the SFSA
New challenger AlbaCo plans to launch with Temenos’ core banking
It expects to receive a licence from the PRA and launch in 2020.
South Korea and Indonesia fintechs collaborate on accelerator lab
SFG and CoHive has officially launched the Shinhan Future’s Lab Indonesia.
Tel-Aviv based Kovrr raises $5.5m
The new funding will accelerate the company’s global expansion plans.
Australian start-ups welcome a senate inquiry into the fintech space
The start-ups argued that politicians have done far too little.
Tech vs. humans: Can fintech have it all?
Is interacting with a person over an algorithm a hindrance, or a help?
DN Intersect 2019: “US banks can learn from McDonalds”
“It’s a lot of fun, very easy to navigate and offers the customer complete choice.”
Valiant, Contovista and Swisscom launch a multi-banking solution for SMEs
SMEs can manage their liquidity across all connected accounts.
DN Intersect 2019: US Banks are “already beaten” if they ignore APIs
“It’s time the US starts paying attention to open banking.”
United Trust Bank launches facial recognition ID verification
The new system takes only 90 seconds to complete.
Tax app untied receives authorisation from FCA
It can take full advantage of open banking.
SmartStream RDU launches SFTR security reference data service
Gathering data required under SFTR could prove to be a headache for most firms.
Bankmed (Suisse) SA chooses MIT’s trade finance platform
“Releasing 5G is another important milestone for MIT.”
Mastercard and R3 deliver blockchain cross-border payments solution
The partnership will focus on connecting global faster payments infrastructures.
Honcho lands spot on Tech Nation fintech accelerator
The firm launched into the car insurance market this month.
New exchange fintech Currensea goes live in the UK
The card allows users to save on foreign spending.
Facebook’s Libra seeks payment system licence from Swiss regulator
The association also submitted a request for a ruling to clarify its regulatory status.
DN Intersect 2019: Apple Card to be “most successful bank account launch in history”
“If you don’t go mobile […] then you’re going to look like Nokia,” says Richard Crone.
iSunOne to build world’s first Islamic blockchain financial system
The firm will work directly with the Malaysian government.
DN Intersect 2019: Libra is the “biggest greenfield opportunity” for banks
There are fears banks have missed the boat with Libra.
US Bank acquires Talech to help drive digital transformation
The deal enhances the bank’s digital services for SMEs.
New challenger bank Zenus picks NICE Actimize AML tech
The bank wants a cloud-focused financial crime strategy.
Nationwide partners up with Qlik
The primary goal is to make all employees across the organisation ‘data enabled’.
Volante launches free SaaS RTP instant payments processing
The offering is for the US Clearing House (TCH) RTP and European SEPA RT1 or TIPS instant payments.
NAB launches cybersecurity alliance in Victorian parliament
The bank has partnered with La Trobe University to provide cybersecurity workforce development.
Three top Aussie banks back start-up that banishes paper receipts
The start-up, Slyp, is founded by two former PayPal executives.
bunq: A bank built by coders
Martin Whybrow catches up with founder, Ali Niknam.
Ask the expert: your questions on growing the business answered
What’s the best way to create a winning team?
BNP Paribas teams up with Kantox
This enables them to jointly offer Kantox’s Dynamic Hedging solution to BNP Paribas’ EMEA clients.
Spendesk raises €35m in Series B funding
The French company plans new offices in London and Berlin.
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