Credit and payments app Twisto raises €14m
As it tries to expand throughout Central and Eastern Europe.
Mobile
NatWest becomes first UK partner for open banking platform Tink
Swedish fintech will add personalisation to the bank’s mobile banking.
Supplement: FinovateSpring 2019
Read our free FinovateSpring Supplement, packed with fintech goodness!
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Fintech with flourish. It blooms and blossoms.
Pacific National to launch digital bank on Nymbus Banking-as-a-Service platform SmartLaunch
The bank hopes to be able to launch within 90 days.
Refundo to return tax refunds in Bitcoin
Thanks to a recent partnership with BitPay.
Blockchain-based ID verification system goes live in Canada
SecureKey’s Verified.Me is backed by several major financial institutions.
UK challenger bank Dozens gets £3.8m crowdfunding
Dozens had already raised $8 million prior to this round.
Nationwide invests in new payment request service Ordo
The direct payment app launches later this year.
Amazon Pay launches Android P2P payments in India
Users can pay Amazon delivery associates from their bank accounts via UPI QR codes.
RBC adds budgeting tool to mobile app
It tracks and budgets expenses in five areas.
Tink teams up with Mash
The company plans to use Tink to improve the onboarding process for new users.
FIS, Fiserv and Infosys compete for Robinhood’s core banking tech deal
FIS, Fiserv or Infosys will be providing core processing software to Robinhood Bank once it receives authorisation.
Meed Banking Club launches in the US with member exclusives
Leveraging banking services at Vast Bank, which itself is going through a major tech revamp.
US modern card issuer Marqeta signs first Europe deals
Partnerships with companies in France, Scandinavia, Spain and Switzerland.
Expensify integrates with Southeast Asia ride-sharing firm Grab
This includes Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia.
Top fintech stories this week – 26 April 2019
Figure Eight acquired by Appen, T-mobile launches checking account, and RBS’ digital bank picks Mambu.
Five key takeaways from the 2019 State of Digital Sales in Banking Report
Years of digital transformation are now paying off, with over 57% of worldwide accounts featuring digital capabilities.
Permanent TSB opens up new API portal
The Irish bank is keeping up with open banking developments.
RBS’s digital challenger bank Bo taps Mambu’s cloud tech
EXCLUSIVE: Bo is expected to launch to retail customers in 2019, underpinned by Mambu’s core banking tech.
Standard Chartered gets customer experience revamp with Avaya
The bank will implement the Avaya OneCloud Private solution.
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Video: fintech news weekly round-up – 23 April 2019
Facebook, Stripe, and Europe’s biggest IPO.
French PFM Bankin’ raises $20m in Series B
The firm has raised a total of €28 million investment since its inception.
QR payment firm Citcon raises $5m
Catering for the Chinese market.
T-Mobile launches mobile checking account
With no fees and high interest earning.
Temenos Community Forum 2019: gone to the cloud
Banks are under huge pressure from customers to replicate the good service they get from other online providers.
Tcell introduces mobile payments TezSum in Tajikistan
The telecom operator has partnered with Wallet Factory for the project.
Ameen Al-Iraq latest addition to Path’s Iraq user base
The Baghdad-based bank has signed for the iMAL core system.
NCR chosen to support Provident Bank’s digital strategy
Aiming to achieve better capabilities, easy integration with core banking systems and a more intuitive design.
Mastercard acquires Vyze for point-of-sale financing
The ai Corporation has also implemented Mastercard’s Pay by Bank feature.
New challenger Xpats kicks off from Mexico
Offering three different tiers of account and services.
Beyond bots: real conversations for a meaningful customer experience
In our rush to digitally transform, it seems we’ve tried to automate the human, rather than humanise technology.
Rapyd and OCBC offer Singapore’s first instant mobile payments solution
Partnership leverages national PayNow transfer service.
PayU acquires Wibmo for Indian mobile payments fun
It also has other high growth markets in sight.
Banking Technology April 2019 issue out now
Fintech spring is here, bringing the world colour.
ClearScore partners with Raisin UK to offer savings accounts
App now provides access to online savings marketplace.
New funding values personal finance app Fintonic at €160m
Follows €19m investment round led by ING Ventures.
Bnext launches travel insurance
The Spanish challenger is already expanding its product portfolio.
2gether’s prepaid crypto Visa card launches across eurozone
Follows successful beta launch in Spain.
