Singapore unveils world’s first unified payment QR code
SGQR will be adopted by 27 payment schemes.
Partnerships
Ithmaar Bank and Eazy Financial Services team for biometric payment network
Bahrain-based Ithmaar Bank and Eazy Financial Services to launch the region’s first biometric payment network.
ASEAN Financial Innovation Network launches API exchange
A consortium led by Virtusa will develop and operate it.
Santander to build £150m tech hub in UK
Prepare to get bowled over Milton Keynes!
UK government and banks plan anti-fraud initiative
Partnership will see UK Finance and panel of experts tackle scams.
VPBank launches lively new digital bank Yolo
Vietnamese bank targets younger generation with “unlimited connectivity” to lifestyle service providers.
Thinking Capital and National Bank to offer funding to Canada’s SMEs
Bank meets fintech. A love story for the 21st century.
Nordea takes open banking to Sweden
So I say thank you for the innovation, for giving it to me.
Yolt cosies up to Anorak’s life insurance advice
Anorak follows in the path of Runpath and Moneytis.
Banco Sabadell and Mutua Madrileña support Spanish VC Antai
They participated in a $20m funding round.
Aviva turns digital insurance air Blue in Hong Kong
JV owned by Aviva, Hillhouse Capital, and Tencent.
Hydrogen and TD Bank in their element for DIY financial planning
Bank’s clients will have new tools to build their own financial plans and portfolios.
Interview: Yves Tyrode, BPCE – journey to the centre of tech
Yves Tyrode, chief digital officer at BPCE, is on a mission to deploy a whole new digital strategy.
SoftBank trials blockchain-based mobile payments
Teams with Synchronoss and TBCASoft for proof of concept.
Meed to unveil mobile banking programme in US
Partners with Valley National Bank of Oklahoma for December launch.
Qudini on cue for NatWest’s cute queue service
UK bank piloting new queuing and appointment booking software.
Fintech Valley Vizag and Bizofit launch $1m start-up challenge
Roadshows planned in seven cities across the globe.
Bank of China US ups compliance with Fenergo
Welcome to the world of acronyms: KYC, AML and CDD.
Fiserv gives voice to First Hawaiian Bank with Alexa
As more and more customers use voice-enabled features.
Unisys on hand for Sutherland’s UK mortgage tech platform
It’s a five-year, seven-figure deal.
Case study: Live Oak Bank and Finxact – riding the second wave
The US, in particular, is in urgent need of new core offerings to support next generation digital banking.
ABN Amro and allies invest €14m in CrossLend
Digital lending platform also gets money from Earlybird and solarisBank.
Sberbank and 500 Startups unleash Russian fintech accelerator
Each start-up will receive seed investment of up to $145,000.
Xero Learn sets stage for future number crunchers
Accountants of tomorrow have a new hero in Xero.
UK savings app Numeos gets FCA seal of approval
Start-up is now regulated by Financial Conduct Authority.
Visionet and SmartPesa unleash Mobey payment service in Indonesia
Solution is designed for financial institutions and merchants.
NAB adds another $50m to VC fintech fund
NAB Ventures up for more start-up adventures.
ASX blockchain system go-live delayed
Australian Stock Exchange’s system was meant to go live at end of March 2018.
Life’s Alight for Wipro with $1.5bn deal
Indian firm reveals record ten-year deal with Illinois-based Alight Solutions.
Hungary’s instant payments system to go live in 2019
GIRO and Nets say system will go live on 1 July 2019.
Foxconn and friends form $100m VC fund in US
Wisconsin business community gets some love and (more importantly) money.
EasyMoney hooks up with HooYu for identity verification
Since the integration of P2P lending, EasyMoney needs to up its KYC and AML game.
Warren Buffett’s Berkshire Hathaway invests $300m in Paytm
Berkshire joins Ant Financial, SoftBank and Alibaba as investors.
Australian challenger bank Tyro ties up with Alipay
Says it’s the first Australian bank to integrate with Chinese paytech titan.
Bangkok Bank calls for banging fintech start-ups
Bank is egged on by Nest to drive Thailand’s ecosystem.
Financial crime fighters unleash intelligence sharing platform in UK
Acronyms assemble! PIMFA and FCI launch PIMFA-AECIS platform.
Finastra sittin’ on the dock of the Bahrain FinTech Bay
Vendor looks for fintech action in the Middle East.
Top fintech stories this week – 31 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Terra firmly raises $32m funding for digital money ambitions
Plans to copy models of payment platforms like AliPay and PayPal.
