Luge Capital raises $85m to invest in Canada’s start-ups
Investments will range from $150,000 to $2 million.
Outsourcing
US fintech community dealt blow by federal court as charter is denied
The OCC will be appealing the decision by the US courts.
Crunch launches mobile accounting platform for UK’s self-employed
The cost £5.5 million and four years in development.
Making the most of cloud migration – expert advice from Bill Cunningham, Endava (Part 2)
Happy staff, happy customers and a more efficient, forward-looking organisation.
Instabase raises $105m sent to unicorn status
The bank app has raised $132 million since it began in 2015.
Kaleyra and Epiphany launch first open banking hub in Italy
The hub will give banks a space to launch PSD2-compliant products.
Mastercard and Visa battle over Revolut deals
Revolut says 75% of its non-European cards will eventually be Visa branded.
Contactless charity donations start-up GoodBox raises £1m
The funding is part of a combined Series A £2.3 million.
Making the most of cloud migration – expert advice from Bill Cunningham, Endava (Part 1)
Data security, system consolidation, getting a net positive from the move, and more!
Dutch challenger bank bunq reveals Brexit delayed its ‘wish list’ UK launch
The UK was the first country on bunq’s launch “wish list”.
PayPal subsidiary Venmo launches first credit card with Synchrony Bank
Venmo will now be able to compete with N26 and Chime in the US market
Nebraska’s Pathway Bank enters world of video banking with POPi/o
POPi/o also has partners in California, Idaho, Nevada and New York.
Old Mutual plans to move 1,000 applications to AWS cloud
South African financial group makes strategic cloud decision
DIS 2019: OBIE trustee says business-consumer adoption figures in ‘hundreds of thousands’
The ‘big nine’ UK banks still represent around 95% of the market, says OBIE.
OTP Bank welcomes “later-stage” start-ups to its partnership programme
Applications need to be made by 22 November 2019.
Finnish invoicer Enterpay raises €1m and partners with German bank
The fintech partners with Volksbanken Raiffeisenbanken.
Branch launches free checking account and debit card for hourly workers
The fintech wants to increase financial stability in the US.
Unigestion migrates to the cloud with SimCorp Dimension
Asset manager transitions from on-premises to an outsourced model.
Metro Bank brings fintech to UK SMEs with £120m funding
The bank wants to inject “much needed competition” into the SME space.
Pakistan’s JS Bank first in country to launch ‘chat banking’ on WhatsApp
The service is free to use with no registration process.
Temenos signs core banking deal with Maltese challenger Laskaris Finance
Laskaris will serve high-net-worth individuals and corporate clients.
Nordic banks reveal business plan for single payments platform P27
The banks predict P27 will start generating revenue in 2021.
Swift to expand its gpi into securities and FX transactions
Swift predicts the world too will take this holistic approach to gpi.
DPR and ClearBank complete partnership, savings meet APIs
DPR’s core banking technology will serve Clear Bank’s savings customers.
SME challenger bank Recognise partners with nCino
Recognise plans a 2020 launch for SME banking.
Standard Chartered Bank tackles reporting restrictions with BearingPoint
The new solution covers more than 130 jurisdictions.
Yolt gets closer to all-in-one banking app with Raisin
Yolt’s UK, France and Italy-based users can now open a Raisin account.
Norway’s largest bank set to monopolise country with all-access mobile banking app
DNB has access to every bank in the country.
Fintech lender StreetShares partners with America’s rural Farm Bureau Bank
The lendtech gives SMEs a decision in minutes and funding within 24 hours.
Decentralised vs centralised exchanges: a comparative analysis
Crypto is not about rolling the dice but it’s about making tough decisions.
PayExpo 2019: Monzo COO not so sure it needed to be a bank for its success
His reasons boil down to expensive, slow and heavy hoops since its licence.
UK fintech Kantox partners with Citi Bank for FX solution
Kantox will deliver a “customised solution” for the bank’s FX clients.
Consumer champion app Snoop goes live, founded by ex-Virgin Money execs
The UK-based fintech is accepting sign ups on its waiting list.
nCino announces $80m funding round led by T. Rowe Price
The cloud developer has raised $213m since 2012
Banking Technology October 2019 issue out now
Lessons from Africa.
20th Banking Technology Awards: showcase your brand to decision-makers at banks
Get your brand seen by the brightest and most innovative decision-makers in the industry and network with them at a spectacular gala ceremony!
Regulators could delay Facebook’s Libra launch, says executive
Libra’s MD says regulators must be “fully onboard” first.
What you need to know before implementing artificial intelligence & machine learning
ML solutions should be trained in the three Cs of data visualisation: Correctness, context and category.
Swedish challenger bank PFC goes live on Mambu technology
Mambu banking engine gets green light 10 months after launch.
Sibos 2019: Jane Loginova, COO at BPC
She spoke about their Smart Cities project and more!
