IBM launches Hyper Protect Accelerator for pre-Series A start-ups
15 early-stage, pre-Series A start-ups from both fintech and healthtech will be selected for the program
Innovation
Reserve Bank of Australia calls for better NPP access and roll-out
The regulator’s report makes 13 recommendations for the New Payments Platform.
Challenger banks in Canada: who’s who and what’s their tech
A comprehensive list of challenger banks and banking services in Canada and the tech they are using.
JP Morgan extends partnership with AccessFintech
This is the first custodian to collaborate with them on real-time transparency.
Tinkoff launches Oleg, a financial and lifestyle AI
Tony Stark’s, Jarvis, may have some competition.
Symphony goes global to the tune of $165m funding
Standard Chartered, MUFG and other existing investors participated in the round.
Circle Pay shuts down
Circle Pay app accounts will undergo changes starting on 8 July 2019.
Sure secures $23.1m Series B funding
The funds will enable the company to scale-up its business.
DNB extends investment in new 11:FS platform
The Norwegian financial services group will also implement 11:FS Foundry.
Augmentum Fintech to double in size as it seeks £150m fundraise
The capital would be used within the next 18 months.
Interview: Dan Makoski, Lloyds Banking Group – grand designs
“Design, like technology, is a strategic superpower that can be used to do incredibly bold things.”
StatPro acquires ECPI research and index
The group will also take on the employees of ECPI, ESG unit in Milan.
Commercial banks are joining the API revolution
Ultimately, the power of APIs is not in the technology but in the vision behind that technology.
SoftBank confirms $200m investment in Creditas
The Brazilian lendtech provides credit with houses or vehicles as collateral.
ABX wins approval for crypto asset exchange and custodian
The exchange has its eyes set on bridging the gap between the MENA region and the rest of the world.
FinovateSpring 2019: focusing on the digital future of fintech
Three key takeaways from the event.
Paysend secures $4.2m crowdfunding for global expansion
The round hit its target in less than 72 hours.
HSBC seeks AI prowess with Element AI partnership
The bank is also looking out for more partnerships to push AI capabilities.
New Indian challenger Payzello launches
The fintech doesn’t have a banking licence – yet.
Alogent acquires FinanceGenius software
The suite has been re-branded as Origins.
Halo raises $12m to democratise structured notes investing
The platform aims to make investment available to everyone, not just high net-worth investors.
Core modernisation is essential for truly digital banking
Banks have only to look at how innovators have transformed retailing and music to recognise this truth.
Banking Technology June 2019 issue out now
Beyond human. Dreaming of a fintech tomorrow.
DPO Group launches Africa’s first B2B virtual and prepaid payment card
DumaCard gives businesses in Africa access to new markets by enabling cross-border online payments.
Step receives $22.5m Series A funding
Challenger for teens’ waiting list has surpassed half a million people.
Tech Nation opens applications for fintech leadership programme
Designed for leaders of UK’s most promising scale-ups.
Delio to provide start-up funding platform for Fintech Alliance
Companies and investors will be able to connect directly.
Appital launches new trading fintech
Its platform will accelerate trades, strip out costs and provide transparency for buyers and sellers.
Top fintech stories this week – 7 June 2019
The FCA introduces new rules for P2P platforms, while Tink secures investment from PayPal, and more!
Impact investing can unlock the potential of blockchain in Africa
Blockchain can have an exponential positive impact on the lives of low income communities in Africa.
Money20/20 Europe 2019 – Day 3, specialisation and invisible banking
We chat with Temenos about the problems plaguing modern-day banking.
Credit Agricole plans €15bn tech investment in four years
“100% of emerging technologies” will be tested for new services.
Visa forms strategic partnership with Western Union
The new collaboration will modernise global money movements for expedited cross-border money transfers.
Amaiz launches brand new banking app for entrepreneurs
It aims to release customers from time-consuming admin and paperwork.
Getsafe raises €15m for AI-driven insurance
The German mobile insurtech is looking to double its team and expand in the UK.
ING joins project to create blockchain-based USC
The utility settlement coin will reduce exchange rate risks.
Video: fintech news weekly round-up – 5 June 2019
News on CIBC, NAB and Bank Leumi alliance, SoFi funding and more!
Form3 partners with Pockit
The UK-based payments system is also opening new offices in Amsterdam.
Money20/20 Europe 2019 round-up
Innovation, concerns and cynicism.
MSB chooses SunTec to deliver customer-centric services
Aims to elevate customer engagement and personalisation.
