Xinja lands full Aussie banking licence
It is the country’s first independent neobank to receive a full licence and open accounts.
Innovation
AI firm Syte eyes global expansion with $21.5m funding
The company will branch into visual AI-powered personalisation.
DN Intersect 2019: TwinStar can finally innovate with new cloud solution
Now credit unions can work within a tile framework.
PrimaryBid closes £7 million funding round to fuel expansion
It will use the funds to expand its sales and marketing efforts and IT developments.
Delta Capita and DTCC Collaborate on SFTR Testing
Delta will make the test pack available to DTCC to test its own SFTR matching and reporting service prior to launch.
PRA grants Allica its banking licence
It’s now planning for a full launch and will ultimately offer working capital solutions and cash management.
Taking on the apps
How can big finance ready itself? Find out the five steps that can help.
ING teams up with Dutch supermarket and US tech start-up
The bank is piloting a cashierless store at Albert Heijn in cooperation with AiFi.
Sonovate raises £110m to drive invoice finance
The UK fintech aims for international expansion.
Monzo to follow gambling block with merchant version
The challenger bank aims to help people reduce negative spending habits.
Foloosi targets GCC expansion with $500k seed funding
The Dubai-based start-up offers cashless payment solutions.
Revolut withdraws banking licence application in Luxembourg
It needs regulatory approval from an EU27 state to maintain EU single market access post-Brexit.
First UK fintech consumer panel launched in Scotland
Consumers will innovate alongside the entrepreneurs.
Swift to reveal European E2E payments pilot
Swift has already achieved sub-one-minute payments outside Europe.
AI: The missing piece for Cobol modernisation in finance
Modernisation for mission-critical software is in sight for the first time.
Top fintech stories this week-06 September 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
Apis acquires majority stake in paytech Tutuka
It was attracted to Tutuka’s strong presence across 19 emerging markets.
AkinovA first insurtech to adopt OpenFin OS
“This is an overhaul in the insurance and risk trading space.”
Swift launches new API standard for open banking innovation
Universal API standards will speed up open banking.
A launchpad platform for savings providers
Savings providers can improve productivity, efficiency and accuracy.
The secret behind Northern Ireland’s fintech success
Northern Ireland is carving its own unique niche in the digital world.
Yes Bank uses Microsoft’s AI platform for chatbot
The AI chatbot is well-versed in the banking world.
Accion Venture Lab adds $33m to new fintech fund
The lab’s total capital under management is now $42 million.
Cyber landscape, threats and trends in financial services
Investment in emerging technologies is likely to be a key theme next year.
Seven mobile paytechs form new association
It will “win back lost terrain in the payments space” for Europe.
The uphill battle for European challengers success in the US
Find out if European neobanks can tackle the challenging US market.
CaixaBank slashes risk analysis time with quantum computing
It’s the first Spanish bank to incorporate the tech into its R&D.
Tally picks TruNarrative for onboarding and ID verification
The solution will help Tally’s compliance to industry requirements.
Distributed compliance is the key to banks increasing CDD and KYC challenges
We must we re-imagine risk management and compliance.
PNC launches fintech start-up inside the bank
The first development has been indi, a mobile phone-based bank account for gig workers.
NorthOne joins forces with Radius Bank for small business mobile banking
Development partner, Treasury Prime, designed that API technology to streamline account opening.
Zip acquires PartPay for $50m
The Aussie credit card company has also purchased an equity interest in QuadPay.
The key segment to nurture in 2020 and beyond
The biggest challenge may be the paradoxical ways SMBs view their relationship with their bank.
Mobile technology enabling financial access to millions
Zenka is challenging its competitors and courageously conquering the Kenyan lending industry.
Trends in banking
Evolving the operational models to deliver faster customer services, cost efficiencies and competitive offering.
Video: fintech news weekly round-up – 30 August 2019
FinTech Futures and KAE, a strategic marketing consultancy firm, have teamed up to bring you short and sweet round-ups of the week’s selected news stories – in a video format. The latest weekly video covers: Apple Card launches AmEx, Citi and Goldman invest in digital mortgage startup Better.com JP Morgan to shut down Chase Pay […]
Top fintech stories this week – 30 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Fujitsu collaborates with Commerzbank on securitisation project
“No longer any need to wait for commercial viability of true quantum computers.”
CardX raises $2m in debt financing
The fintech helps businesses avoid credit card transaction fees.
