Sibos 2019: Swift reveals 41 second European payments pilot
The payment traveled from Singapore to Germany.
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Supplement: FinovateFall 2019
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Daily News at Sibos 2019: Day One
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Stripe hits $35 billion valuation on back of fresh funding
Stripe’s value has increased 56% since the start of 2019.
Deutsche Bank joins Interbank Information Network
The blockchain-based platform has more than 300 member banks.
German blockchain strategy fires warning shot at Facebook’s Libra project
Germany vows to fight any efforts to issue parallel currencies.
US bank FNBT chooses Finastra’s Fusion Phoenix core technology
The bank also bought 11 other Finastra solutions.
Barclays and JP Morgan Chase invest in TouchBistro
TouchBistro leads “a technology renaissance” for restaurants.
Mastercard’s Vocalink release payments report: Look beyond London
87% of over 75’s still don’t use banking apps.
Gen Z fintech Mitto raises $2m in seed funding
Mitto offers parents insights into their children’s ‘purchasing’ profile.
White paper: The payments transformation race – criteria for success
Download the report from Icon Solutions and Aite today!
Sampath Bank launches virtual teller machine
The branch-in-a kiosk solution that will provide customers with 24/7 banking services.
We don’t forgive easily
If we feel betrayed, we rarely go back or give you a second chance.
Introducing: Finovate Podcast
A short, interview-based podcast featuring conversations from fintech’s elite innovators and influencers.
Italian fintech Young Platform raises €787,000 from 751 investors
‘Crypto made easy’ platform attracts Italian and British investors.
DN Intersect 2019: final round up and key takeaways
The conference was predominantly focused on North America.
JD.com fintech affiliate launches new digital wallet in Thailand
JD Digits has partnered with Central Group to launch digital wallet app Dolfin.
Grupo Crédito Agrícola launches new banking app “moey!” with Meniga
The app will give Crédito Agrícola customers budget advice.
Northmill receives banking licence from Swedish Authority
The neobank says it’s had a “constructive dialogue” with the SFSA
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.”
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.
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.
US Bank acquires Talech to help drive digital transformation
The deal enhances the bank’s digital services for SMEs.
DN Intersect 2019: Forrester insists digital is “the least important” for customer loyalty
The research publisher says human interaction is “the most important” factor.
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.
Spendesk raises €35m in Series B funding
The French company plans new offices in London and Berlin.
DN Intersect 2019: Co-op calls for greater fintech integration to combat fraud
It pins the low adoption rates down to a lack of education and tedious back-end processes.
DN Intersect 2019: TwinStar can finally innovate with new cloud solution
Now credit unions can work within a tile framework.
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.
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.
Ping An Insurance considers Singapore neobank licence
The company has already secured a Hong Kong banking licence.
Indian neobank Yelo raises seed round
The start-up is personalised to gig economy workers.
Swift to reveal European E2E payments pilot
Swift has already achieved sub-one-minute payments outside Europe.
Top fintech stories this week-06 September 2019
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