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IBM bags $260m banking tech deal in Philippines
Bank of the Philippine Islands speeds up its digital revamp plans.
Job losses loom as Santander closes 140 UK branches
Up to 1,270 staff could be affected by this wave of closures.
O2 Banking app enters Raisin’s world of savings
Bank will use Raisin’s platform WeltSparen in Germany.
Allied Payment Network fortified via Plymouth Growth investment
The deal in Indiana was valued in the “multi-millions”.
PayPal joins $40m funding party for fintech app Dosh
Follows on from $44 million in last year’s Series A round.
Nutmeg gets £45m support led by Goldman Sachs
And from previous investor Convoy, as it eyes Hong Kong expansion.
Volt first Aussie challenger to get full banking licence
The digital start-up will focus on smartphones.
Australia prepares payments for digital age
It’s consultation time as the Australian Payments Council wants your input.
Swiss fintech KiWi gets $3m funding for SME lending and payments
To expand in Mexico and neighbouring markets.
ANZ hits up Eftpos for Apple Pay capabilities
It also allows for cash-backs.
Wirecard on time for Swatch watch payments
Deal means users can add digital boon cards to SwatchPAY!
PayTech Awards 2019 now open for entries
Be a part of the celebrations!
UK challenger bank Tandem eyes IPO
Digital bank also reveals major recruitment plans in 2019.
ZhongAn and Grab clutch at SE Asia’s digital insurance market
Their joint venture will distribute products via Grab’s app.
Banking platform Joust-s for freelancers’ attention
US start-up launches multi-feature financial app.
AXA teams up with Dreams for millennial savings
Coming from the Nordics and across Europe.
Xinja sees success in second crowdfunding round
Half a million in under nine hours.
Dashing OCBC Bank unleashes SME dashboard
“We anticipate that this will become a command centre for them.”
Video: fintech news weekly round-up – 14 January 2019
Featuring N26, RBS and Loot, Google in Ireland, and Alipay in Pakistan.
Money app Yolt launches open beta in Italy and France
Early bird users get it to a lovely place.
Double time for Worldline payment launches
Paytech unleashes new device and commerce hub.
Orowealth acquires wealthtech app Wealthtrust
Indian direct mutual fund seeks expansion.
Trov expands on-demand insurance in US
Now available in Delaware, Nevada, South Dakota, and Wyoming.
Infographic: one year of open banking
The Open Banking Implementation Entity is feeling confident.
Brexit worries take TransferWise on Belgium licence hunt
UK office is safe but paytech wants to prep in event of a ‘no deal’.
Meniga wraps around consumer rewards with Wrapp acquisition
Merging both Stockholm offices.
SafeCharge to power Gett’s payment reconciliation
Transporting it to the new era of fintech.
N26 plots delayed US launch with $300m funding
Mobile challenger bank is now valued at $2.7 billion.
Countingup finds its auto-match for payments invoicing
UK challenger business banking provider is up for it.
Upgrade Pack has crack at fintech with £1m funding
UK-based loyalty start-up straddles travel and banking sectors.
US bank customers enter Glassbox’s digital world of pane
Clever customer management for JP Morgan Chase, Bank of America, Wells Fargo, and Citi.
Insurtech Braintri bags Benefia deal
hiPRO Connector is going live as part of the new agreement.
Video: fintech news weekly round-up – 8 January 2019
A short and sweet round-up of the week’s selected news stories in a video format.
Plaid buys fintech rival Quovo for $200m
Bank account connectivity firm finds something similar in the US.
Indonesia’s KinerjaPay collects $200m funding
Paytech gets backing from Wahana Group.
Interview: Roderick Simons, CTO of Yolt
What is it like to build a smart thinking money app from the ground up?
RBS secures 25% stake in digital current account Loot
Invests £2 million via its new digital Bó bank.
Google gets payments licence in Ireland
Follows on from last month’s licence in Lithuania.
Life’s a brag in BBVA’s digital dominion
Reaches “tipping point” as 50% of its customers now use digital channels.
