First Bank teams with WorldRemit for digital money transfers to Nigeria
In 2017, Nigeria received over $22bn in remittances, making it the largest recipient in Africa.
Mobile
Lunar Way picks Humio for data visualisation
Humio will provide log management for fintech Lunar Way.
Survey on payment methods 2017 – Swiss National Bank
Survey on payment behaviour and the use of cash in Switzerland.
Paytech heavyweights Nets and Concardis to merge
Paytech firms Nets and Concardis will merge but retain their own brands.
Mobile banking case study: RBC – farewell friction
Royal Bank of Canada is moving with the times with a series of useful innovations and launches.
Visa hit by payment outages across Europe
Update – 2 June – situation now resolved.
US mobile banking challenger Chime raises $70m
It also reached over one million bank accounts this month.
Ex-Simple co-founder preps developer app for launch
Shamir Karkal wants to help developers get fintech apps to market.
Arxan brings app protection tech to Android
The first cybersecurity solution to leverage Google for Android-supported Kotlin to secure Android apps.
UK start-up Tosca Money prepares to act
Social savings service powered by a digital token.
Top fintech stories this week – 1 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UK challenger bank Starling seeks £80m funding
Also ends its partnership with TransferWise.
Webinar: From the high street to cryptocurrency – digital ID verification for on-boarding and compliance
Register for this live webinar, taking place on 20 June.
UK challenger banks: who’s who (and what’s their tech)
A comprehensive list of the known UK bank challengers to date and the technology they are using.
Personal finance app Fintify readies for UK-India launch
Targeting the non-resident Indian (NRI) market.
Disruption on its way, are banks ready?
A disruption is typically an opportunity long before it becomes a threat.
US banking app CapWay readies to launch
Targeting millennials who are either underbanked or uncertain.
Digital money transfer service Azimo raises $20m in funding
Round led by Rakuten Capital.
Big bank’s mobile app Beem IT goes live in Oz
Australian app created by CBA, NAB and Westpac.
Tandem reaches 100,000 clients, signs for Form3 paytech
Wants to match Lloyds Bank in terms of customer numbers in ten years time.
China surging in payments technology: lessons for the West
What has driven the explosive growth of Asian paytech from giants such as Ant Financial and Tencent? And what’s next?
ABN Amro hit by DDoS attack
Dutch bank’s services either not available or very slow.
Clever UK mobile banking app Bofin preps for launch
A chartered engineer unleashes his new fintech creation.
GoodData launches Spectrum UI tools
Data analytics and insights company adds some more colour.
ShopKeep launches on Android to broaden hardware options
POS-itive news from US point of sale technology provider.
Addiko Bank puts digital banking solutions on Appian
Austrian bank finds the way to low code developer’s platform.
OCBC goes all Touché feely for biometric-based payments
All at the touch of two fingers.
Ant Financial lights up China Everbright Bank’s digital revamp
Overhaul includes cloud platforms and mobile architecture.
Tango Card rewarded with $35m funding
Digital Rewards-as-a-Service platform does a merry dance.
Market EarlyBird unveils mobile app
To tweet, to woo.
Dead fintechs don’t wear Plaid
Shy US app provider expands to Canada.
Maybank makes a Grab for cashless payments in Malaysia
Bank and ride-hailing service team up.
eToro in bullish mood with US cryptocurrency exchange launch
The firm will offer ten different cryptocurrencies.
Microsoft acquires Semantic Machines for conversational AI starter
Ambitions to make chatbots sound more human and less like robots.
Image is everything with ABN Amro’s new webcam advisory service
Dutch bank unveils Beeldbankieren.
HPS pushes on with open banking platform for payments
Moroccan firm takes PowerCARD Connect-Open API beyond pilot phase.
Bahrain Benefit-s from national payment system
Bahrain’s Electronic Network For Financial Transactions seeks unity.
POPin Video Banking and MEA in digital duet
Platform integrated into MEA’s Android and iOS apps.
Infographic: the evolution of international money transfers
From the barter system to Bitcoin.
SMEs and selfies stick for FNB account opening
South African bank unveils selfie authentication… and “businessism”.
