Absa launches mobile account opening
Absa CIO: “Your bank account is live immediately – no need to go to a branch.”
Mobile
JP Morgan Chase muscles into Silicon Valley with new fintech campus
The new “fintech campus” in Silicon Valley will house 1,000+ employees of JP Morgan Chase.
Monese ventures into business banking
UK and European challenger bank Monese has launched its Monese Business account, available in 11 languages.
Tez Financial Services lands $1.1m investment
The first fully digital non-bank microfinance company in Pakistan.
Banking Technology Awards 2018: shortlist announced!
Winners will be unveiled on 13 December in London!
Azimo takes on business payments
A cheaper alternative for SMEs.
First Ukrainian International Bank launches banking via messenger apps
The tech is provided by Corezoid.
Jack Henry acquires Bolts for digital account opening
US-based Bolts Technologies offers boltsOPEN, a digital account opening solution.
Akbank takes a snap to verify customers with Daon
With very high customer onboarding numbers!
UniBank Panama integrates Ipsidy’s biometrics tech
Ipsidy’s shares shot up as a result.
VisionFund International to standardise core banking tech with Musoni
VisionFund Myanmar will be the first site in the Musoni’s tech roll-out across VFI.
UK GAME stores launch in-store digital credit assessment with Mobile for Credit
Keep your finances between you and your digital device.
German business bank Penta raises €7m
The bank’s kicks off its Series A successfully.
Starling Bank expands white label banking services
Allowing every company to offer banking services.
Metro Bank personalises advice with Insights
Metro Bank’s new money management tool was developed with Personetics.
IMS 2018 Lisbon: bank digitisation and reading the client
How do retail banks stay relevant to their customers’ changing demands and priorities?
Gresham extends ANZ deal for five years
The deal aims to improve digital banking experience for ANZ’s corporate customers.
Top fintech stories this week – 12 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
New Aussie neobank Up is alive and kicking
Promising “never-seen-before” features.
Sylo and CentraPay partner for PoS payments on blockchain
The new product, Sylo-CentraPay, will launch in 2019.
Westpac stays mobile to check cheque’s death march
“Cheques are often considered a thing of the past.”
H&M fashions itself a $20m stake in Klarna
Fashion chain finds fintech to its liking.
Transport for London ruins our day with fintech start-up launch
New subsidiary is called Total Failures Limited.
Bank of Punjab live with new core banking system, Oracle Flexcube
Government-owned bank in Pakistan implements a new core banking system.
Bank of America launches cross-bank feature for app
Available for associated banks: Bank of America, Merrill Lynch, Merrill Edge and US Trust.
Curve rolls out Amazon cliché in $50m funding quest
The “Amazon of banking”. Whatever.
The ID Co in good mood with NoMo Money app launch
An app with a “healthy dose of personality”.
Challenger bank N26 begins beta launch in UK
The Germanic one revealed its plans back in November 2017.
Daon inks deal with South Africa’s Capitec Bank
Bank will use Daon’s IdentityX platform to develop new authentication solutions.
KKR and Tencent lead $175m investment in Philippines’ Voyager Innovations
“Largest investment to date in a Philippine tech company.”
SBI Ripple Asia launches MoneyTap in Japan
Ripple-powered payments app offers real-time settlement.
Banking Technology October 2018 issue out now
The tree of fintech life: growth, gains and generations.
Case study: Home Credit – to its credit
Life is good at the heart of Europe.
Emirates NBD to launch chat banking via WhatsApp
Bank says it is first in region to integrate its core systems with WhatsApp.
Larky lands three new credit unions
Oh what larks! Loyalty and engagement platform provider makes new friends.
Haufe Group takes stake in German challenger bank Kontist
Berlin-based firm also gets Series A funding.
Unite trade union can’t stop RBS branch closures in Scotland
Only two branches survive the stay of execution.
ANZ New Zealand launches Google Pay
goMoney Wallet to be phased out.
Tatra Banka enables account opening with a selfie
Tatra Banka has automated customer authentication and onboarding process with Innovatrics’ DOT.
More downtime for UK’s TSB, HSBC and Barclays
Mobile and internet banking seems to be the issue this time.
