Metro Bank brings fintech to UK SMEs with £120m funding
The bank wants to inject “much needed competition” into the SME space.
Platform-as-a-Service/PaaS
Norway’s largest bank set to monopolise country with all-access mobile banking app
DNB has access to every bank in the country.
TransferWise delivers cheaper international payment service to US
The service gives customers access to the real exchange rate.
Danish fintechs partner to set new standards for accounting industry
Businesses can see transactions in seconds rather than days.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Sibos 2019: SEB launches new environment-friendly product for Nordic SMBs
Th trend is shifting from last year’s focus on renewable energy.
Fundbox raises $176m from Allianz X and GMO Internet
Fundbox can offer businesses greater cash flow predictability.
National Bank of Canada chooses CGI’s All Payments platform
The bank is modernising its payments ecosystem.
SmartStream unveils AI-driven instant reconciliations tech
It is the only truly instant reconciliations solution currently available.
Nationwide invests in BankiFi to boost new business current account
Nationwide has invested in BankiFi using its £50 million fund.
Latitude Financial preps $2.5bn IPO
It will be the largest IPO in the country since 2014.
Stripe hits $35 billion valuation on back of fresh funding
Stripe’s value has increased 56% since the start of 2019.
Deutsche Bank joins Interbank Information Network
The blockchain-based platform has more than 300 member banks.
United Bank of Africa partners with fintech Ovamba Solutions
The alliance will provide Cameroon businesses with new tradetech.
Velocity Credit Union taps Fiserv for DNA core processing system
Velocity chooses Fiserv “to remain competitive”.
Barclays and JP Morgan Chase invest in TouchBistro
TouchBistro leads “a technology renaissance” for restaurants.
EBA Clearing launches request to pay solution for Europe
It’s “the missing piece of the puzzle” for financial companies.
Digital Reasoning reveals $40m funding round and Standard Chartered partnership
Digital Reasoning uses AI to understand human communication
AI analytics platform FinTech Studios raises $5.1m
The company uses AI, NLP and ML to aid decision making.
Greenlight raises $54m to release debit card for kids
Greenlight’s app can monitor children’s spending and set savings goals.
Nationwide invests in digital lettings agency Bunk
The investment will help Nationwide’s campaign to improve the rental market.
Gen Z fintech Mitto raises $2m in seed funding
Mitto offers parents insights into their children’s ‘purchasing’ profile.
Insurtech Broker Buddha raises $4.5m in round led by Vertex Ventures
Vertex Ventures says Broker Buddha is “driving significant industry change”.
Ping An Global Voyager Fund and Raisin invest in Joonko
The seed round raised €10 million.
Nationwide chooses OutSystems for new digital business
OutSystems will take on the business logic and process for Nationwide.
Standard Chartered chooses Traydstream AI solution
Traydstream begins with the global trade export market in Singapore.
Phoebus Software lands five-year deal with Equifinance
The lender wants a best-of-breed to grow.
Tally picks TruNarrative for onboarding and ID verification
The solution will help Tally’s compliance to industry requirements.
Trustly serves Alibaba’s European customers via Ingenico
Alibaba serves ten million buyers.
Fintech start-up Byhiras chosen for UK pension solution
The solution will be used by all UK LGPS pension funds by Q1 2020.
Baton raises $12m for blockchain-inspired b2b solution
Baton allows banks to avoid overhauling their existing systems.
Selangor government unveils one-stop digital payments platform
Citizens will be able to make payments to agencies at all levels.
Bank of America announces “record-breaking” P2P app payments
The bank received 163 million transactions in less than nine months.
Credit union NEFCU chooses Fiserv for digital transformation
NEFCU has more than $3 billion in assets.
JCB acceptance expands to UK and Ireland
The Japanese card issuer has partnered with EVO Payments.
ICE’s Bakkt set to launch bitcoin futures contracts
Bakkt is “cleared to launch” its trading in bitcoin futures next month.
Data Action wins core solution deal with Greater Bank
Greater Bank hopes the new partnership will prepare it for the open banking era.
CAIS announces new insurance product with Schechter
CAIS connects financial advisors with alternative investments.
Investment group Octopus acquire “indispensable” Seccl Technology
Seccl wants to help smaller firms “get a shoe in” with big providers.
US neobank Zenus gets licence
Zenus will allow anyone in the world to open an account.
