IHS Markit invests and partners with Cobalt
To develop post-trade processing services for FX markets.
Partnerships
Saudi Arabia and UAE unite for digital currency dream
Saudi Arabian Monetary Authority and UAE’s central bank unveil Aber project.
Swift links up with R3 for trading on blockchain
Their trial will monitor the movement of goods and payments on gpi.
R3 and SBI team up to push Corda in Japan
A new joint venture for blockchain rises in the east.
Silver-tongued Argenta launches conversational banking
Belgian bank teams with message mavens Sparkcentral and Smooch to make it happen.
CULedger grabs $10m funding to its blockchain credit
Plans to use DLT for credit union-focused platform.
Santander Spain and Raisin in open banking duet
Life is a dream. For banks and fintechs.
First Data joins AIB in €100m bid for Payzone
Duo targeting Dublin-based payments firm.
Feedzai and DataRobot team up to tackle financial crime
“This is how we are democratising AI for our customers.”
Cross River and Railsbank create transatlantic API action
Banking on both sides of the Atlantic through a single API.
Indian banks unveil blockchain-linked funding for SMEs
The 11 lenders include ICICI, Axis, Yes Bank and Standard Chartered.
ACI Worldwide to power Hungarian real-time payments
For a total of 17 banks so far.
IBM, PNC Bank and health insurers set up blockchain network
To improve the efficiency of the health sector.
Mizuho makes move on Chinese fintech start-ups
Signs MoU with Zhongguancun Development Group for fresh talent.
Wirecard launches API developer portal
Initially designed for issuing solutions, but full scope on the way.
First Direct unleashes social media payments
Today is fdpay day as peer to peer payments are on the way.
South Korean crypto exchanges unleash AML initiative
Bithumb, Coinone, Korbit, and Upbit wake up to the threats.
Onfido opens up to Bitcoin payments
Blockchain technology and identity management converge via partnership with BitPay.
Age of Konsentus for Mastercard’s open banking
Firm selected by paytech titan to deliver TPP identity and regulatory checking solutions.
Almoayed and Moven go for digital banking advance
Duo team up for fintech ambitions in MENA region.
Barclays raises Rise Growth Investment funds for fintech start-ups
Will offer new investment capital of £10 million per programme.
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.
