Nine UK fintechs land in Australia under the countries’ bridge programme
The companies will be showcased at Melbourne’s Intersekt conference.
Partnerships
Libra’s woes continue as Booking Holdings departs
The association has now lost 25% of its membership.
OTP Bank welcomes “later-stage” start-ups to its partnership programme
Applications need to be made by 22 November 2019.
Intesa Sanpaolo invests €7m into vending machine digital wallet MatiPay
The fintech will expand its operations in Europe, Japan and the US.
Revolut hires JP Morgan to manage $500m funding round and issue a $1b loan
The loan will turn into shares if Revolut receive a US banking licence.
Mastercard, Visa, eBay and Stripe follow PayPal’s suit and leave Facebook’s Libra
Facebook’s hopes of a global cryptocurrency are hanging in the balance.
UK’s Royal Mint unveils first 18-carat gold payment card
The card enables limitless spending and zero foreign exchange fees.
Finnish invoicer Enterpay raises €1m and partners with German bank
The fintech partners with Volksbanken Raiffeisenbanken.
The lion, the Lamborghini; banks and fintechs
We often hear of the digital divide, but how often do we consider the marketing divide?
Video: Top fintech stories this week – 11 October 2019
FinTech Future’s weekly news round-up.
Branch launches free checking account and debit card for hourly workers
The fintech wants to increase financial stability in the US.
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.
Pendleton Community Bank signs Teslar Software for automation
West Virginian bank needed new tech following merger.
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.
DPR and ClearBank complete partnership, savings meet APIs
DPR’s core banking technology will serve Clear Bank’s savings customers.
Vista Equity Partners mulls Finastra sale
Private equity firm could jettison 50% of tech firm
SME challenger bank Recognise partners with nCino
Recognise plans a 2020 launch for SME banking.
Ripple inks blockchain partnership with Finastra
Finastra brings blockchain to its payments solutions.
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.
Bottomline’s merger with EPG sparks UK regulators to investigate impact to competition
The CMA worries the merger will “result in a substantial lessening of competition”.
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.
UK fintech Kantox partners with Citi Bank for FX solution
Kantox will deliver a “customised solution” for the bank’s FX clients.
UK challenger bank Tide gets investment from Japan’s SBI
The Telegraph says the SBI splashed £44 million on the British fintech.
The challenges for banks and fintechs when building a partnership
Chris Ward, author at Mapa research, dissects the changing definition of ‘partnerships’ in fintech.
Banking Technology October 2019 issue out now
Lessons from Africa.
Dutch bank de Volksbank partners with Kubernetes and Rancher Labs to overhaul IT system
It’s hoped the partnership will also drive the bank’s growth.
Funding the revolution: the dawn of digital banking
Traditional banking giants are feeling the squeeze.
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.
Swedish challenger bank PFC goes live on Mambu technology
Mambu banking engine gets green light 10 months after launch.
Moneyfarm raises £36m, launches wealth management partnership with Poste Italiane
Moneyfarm aims to build “a more financially secure future”.
Bank of China and IBM team up to launch series of innovation labs
Big Blue helps set up first lab Singapore, with seven more to come.
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!
