Finastra wins core cloud deal with neobank, Gravity
Gravity is still seeking authorisation to serve SMEs.
Partnerships
India takes over China for number of fintech deals in Q2
Fintech deals in China fell 81% in Q2.
Australia visits UK to talk future of fintech
Talks centered around the opportunities of open banking in Australia.
essDOCS enables first fully integrated paperless iron ore trade
The trade traveled from Australia to China on the Voltron blockchain.
Declaring time of death and other ways of surviving doing business with big banks
Don’t be afraid to declare time of death when it is true: it is not an admission of defeat.
Indian start-up Scripbox acquires competitor Upwardly
The platforms chose collaboration over competition.
SoftBank supports start-ups under the radar
The Japanese technology giant invested $5 billion into Latin American “unicorns”.
Plug and Play welcome Abu Dhabi Commercial Bank
ADCB stands at a market capitalisation of AED 58 billion.
B3 and Itiviti join forces for global connectivity
The stock exchange’s members can access the NYFIX portal.
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
Female founders become Accenture Lab’s new focus
This year Accenture wants to narrow the gender gap in fintech
Mortgage Cadence integrates with DataVerify
Mortgage Cadence says the integration streamlines the application authentication process.
Sherpa Technologies partners with fintechs to help credit unions
Application open on 15 August.
FinApps slaps $100m lawsuit on Envestnet Yodlee
It claims that the platform ripped off its code to release their own product.
PayPal helps entrepreneurs with MetLife and Village Capital
The alliance will reach out to more than 100 fintech health entrepreneurs.
UK regulations push SVB further towards automation
SVB exec comments on Brexit and the UK’s supportive fintech environment.
Credit unions and Payrailz launch CU Payz
The new fintech partnership is designed to give credit unions ‘next-generation products’.
Nets and Przelewy24 create a strategic alliance
Its now one of the largest online payment service providers in Poland.
Fintech partnerships: the real benefit of Open Banking for incumbent banks
A deep dive into where the real value lies in Open Banking for incumbents.
Daily News at Sibos: be at the heart of the biggest fintech event of the year
London calling: explore opportunities with Daily News at Sibos 2019.
Saxo Bank completes acquisition of BinckBank
Saxo intends to initiate the statutory buy-out procedure.
Mastercard acquires Nets’ real-time payment business
Nets’ Corporate Services business offers a gateway into several European markets
Trov partners with Lloyds and launches white-label insurtech platform
Later this year, Trov and Lloyds Banking Group will release an insurance product on the ‘Powered by Trov’.
Experian closes $20m of Series B1 in CompareAsiaGroup
Making this its fifth major investment in Asia Pacific since 2017.
Co-op stores implement ACI’s Pay-in-Aisle tech
Scan and pay from your phone.
First Data and Bank of America end paytech partnership
Fiserv’s First Data will provide services to its current client merchants until June 2023.
Legal & General inks its first fintech partnership
It will help diversify its product offering.
DPO Group acquires PayFast
A major deal for the African paytech sector.
PayTech Awards 2019 in pictures
Celebrating excellence and innovation in the payments industry and people who make it happen!
Banks and TPPs agree joint approach to PSD2
A statement outlined their joint efforts to transition to new payment rules.
Gay is for life, not just for June
Fintech firms can and must do more.
StashAway snaps up $12m in Series B funding
Its latest round brings the total funds raised to date to $20.4 million.
Visa invests in Southeast Asia’s payments platform Gojek
The two companies will also collaborate on cashless payments solutions.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
Spotlight: the Russian e-commerce cross-border market
Finding a niche for a foreign merchant in Russia.
Banking Technology Awards 2019 are open for entries
The Early Bird 10% discount deadline is 31 July 219, the awards close for entries on 31 August 2019
Nationwide and ClearBank partner for new business account
The partnership will provide access to real-time payments.
Volt bank chooses FIS for mobile and card payments services
FIS will provide it with processing services for Volt’s credit card and mobile payments.
AcadiaSoft announces technology partnership with CloudMargin
The firms collaborate to provide an industry solution for uncleared margin rules.
Lithuania seeks to attract more fintech firms
Thought leaders in Vilnius wish to increase their C-suite intake.
