Oval Money shapes up nicely with Intesa Sanpaolo backing
Italian bank also takes stake in the automated savings platform.
Mobile
Visa reveals over 5m payments affected by June outage
Half of which were in the UK.
NorthOne launches free invoice app
An app for small business owners, entrepreneurs and freelancers.
PSD2: customer loyalty and bespoke, behavioural open banking
We talk to Yoyo Wallet’s co-founder, Dave Nicholson, about open banking, PSD2 and … PSD3.
Contactless conquers cash in UK clash
UK Finance says convenience of debit card payments puts cash in second place.
UK start-up Yulife to bring life to insurtech
The neo-insurer will incorporate AI and behavioural science.
Mobile banking app preps for Amaiz-ing UK launch
The website offers a free payment account without expiration date.
Monzo brings unconditional love to conditional actions
The new Applets automate actions based on users’ own pre-set conditions.
Brazil’s Nubank storms to 1.5m digital account openings
Reaches milestone in six months.
Visa Canada puts finishing touch on Finn AI’s chatbot banking
“Where is the closest ATM?” or “Please cancel my card”.
Dorsum unveils new wealth management app with AI support
Gamification and education features help users learn about their investments.
ING and AXA to build digital insurance platform
Offering insurance solutions to ING customers in six markets.
Insurtech start-up Kakau inks two deals in Brazil, eyes Europe
Kakau onboards American Life and Societe Generale in Brazil; plans to enter Europe in 2020.
Truecaller buys Chillr for Indian mobile payments thriller
Acquisition builds on Truecaller Pay, which was launched last year.
PSR calls for feedback on data in payments
UK’s Payment Systems Regulator is listening.
Starling Bank adds gambling blocker to its talent locker
When the fun stops, stop. Or use this new blocker technology.
PayStand expands to Canada
Its digital platform will support domestic B2B commercial payments.
NatWest trials cardless payments for swift shopping
No need to use debit or credit cards.
US Department of Homeland Security awards contract to iProov
iProov’s tech to support border security for the US Customs and Border Protection (CBP).
Mastercard tackles faster payments in the UK, smart watches and open banking
Mastercard reaches out to Starling Bank, NXP, and prepares for open banking.
Signicat and Mitek join forces in digital onboarding drive
Signicat and Mitek team up to create a solution for Europe-based financial services providers.
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
OCBC Bank in Singapore’s first instant account opening
You can now open an account with OCBC in Singapore in less than five minutes online.
Banking Technology Awards 2018 now open for entry!
Recognising excellence in the use of IT in financial services.
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.
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.
