Barclays raises Rise Growth Investment funds for fintech start-ups
Will offer new investment capital of £10 million per programme.
Partnerships
Nasdaq leads $20m funding in blockchain firm Symbiont
Will use funds for action in data management and lending space.
O2 Banking app enters Raisin’s world of savings
Bank will use Raisin’s platform WeltSparen in Germany.
BNP Paribas and IBM show cloud commitment
They extend their partnership for eight years.
BNP Paribas Personal Finance in automotive drive with DealTrak
Presses accelerator on its UK sector ambitions.
Natixis reaps the wild Wynd for payments
Along with their partnership, Natixis is taking a stake in the French company.
BlueCove signs up for Patronas compliance tech
The asset management firm is installing the OPUS system.
ING Bank gets unlimited access to R3’s Corda
Unlimited (blockchain) power!
Australia prepares payments for digital age
It’s consultation time as the Australian Payments Council wants your input.
Video: fintech news weekly round-up – 21 January 2019
Featuring JAJA, South Korea, Sberbank and R3.
FNZ takes minority stake in Embark
FNZ and Embark also extend their tech partnership until 2028.
Barclays and Santander join £56m funding in MarketInvoice
UK-based SME lender plans fintech-bank partnerships.
Wirecard on time for Swatch watch payments
Deal means users can add digital boon cards to SwatchPAY!
Top fintech stories this week – 18 January 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
SBI and Wefox unleash new Asian insurtech
Shake-up planned as SBI Wefox Asia enters the insurance market.
Snoop Dogg gets “smoooth” for Klarna
New marketing campaign gets weird.
UniCredit on edge of tomorrow with new innovation team
Advisory board blends internal and external specialists.
Sberbank brings fingerprint payments to Russia’s supermarkets
Starting with Moscow, but will this catch on?
R3’s Corda Network goes cordless
Blockchain network will be operated by a new independent organisation.
ZhongAn and Grab clutch at SE Asia’s digital insurance market
Their joint venture will distribute products via Grab’s app.
Middleware and Mambu strengthen alliance
Offering client onboarding, loan origination, and card and payments connectivity.
Tide rides with ClearBank on UK SME banking market hunt
Looking for action and funds from £775 million RBS Alternative Remedies Package.
AccessPay gets £9m investment for wealthtech connections
As leading investor Beringea looks for investments in north of UK.
Terrific triple for FinTech Scotland’s first anniversary
Joy ensues as the number of SMEs based in Scotland has grown by three times.
Banks onboard for UK economic crime taskforce
The Economic Crime Strategic Board is unveiled.
SafeCharge to power Gett’s payment reconciliation
Transporting it to the new era of fintech.
Enveil and Unbound Tech unleash data security triad
Data-at-rest, data-in-transit, data-in-use.
Unite Global to launch real-time correspondent hub
EXCLUSIVE. Norwegian firm in discussions with 30 banks for its global dream.
Euro Exim Bank deal puts Ripple on correspondent course
“Traditional correspondent banking system” gets some competition.
Moorwand releases first UnionPay card in UK
UnionPay moves West with a multi-currency pre-paid card.
BNY Mellon’s Pershing has wealthtech thing for Objectway
The bank’s wealth brand gets a front-end upgrade.
Alipay powers Pakistan’s “first” blockchain-based cross-border remittance service
Service provided by Telenor Microfinance Bank and Valyou.
TSB and Metropolitan Police go fraudster hunting
Criminals (possibly) cower in terror as dynamic duo come out fighting.
Bank of America and Morgan Stanley plan rival stock exchange
Nasdaq and ICE get competition as nine firms unveil MEMX.
Interview: Mark Gabriel, Sunrise Banks – on a financial wellness mission
How partnerships with fintechs can help in the quest to service the underserved.
IBM bags $540m outsourcing deal with Nordea
Nordic bank is warm to the idea of IBM Z being looked after.
Wirecard releases Visa card for Chinese tourists
A multi-currency card for the most frequented destinations.
Europe bets on bug bounties in fraud fight
Programme will run in part via platform provided by ethical hacker HackerOne.
Top ten payments projects in 2018
All free to read! Our top ten payments projects in 2018.
China Banking Association pushes trade finance on blockchain
New interbank platform unleashed with big names onboard.
