First Data teams with Ellie Mae for lending payments
Customers can accept payment for costs related to loan origination and processing.
Partnerships
Virtual Commodity Association becomes reality
US-based self-regulatory organisation fires up for better digital exchanges.
UK regulators unleash new insurer start-up unit
Will help firms apply and get authorised for insurtech action.
Lloyds opens coffers to London coppers for crime combat
Lloyds will sponsor City of London £1.5 million over three years.
Tel Aviv Stock Exchange links up with London and BSO
Israeli trading expands with better network.
Paytm launches AI cloud for India
Designed for developers, start-ups and enterprises.
SoftBank teams with ZhongAn for Asian insurtech impetus
Bank’s Vision Fund to help Chinese insurer’s overseas ambitions.
The power of partnerships for tackling financial inclusion
We need to find new and innovative ways of solving big social issues.
Temenos and Luxhub’s API team get first client Fortuna Banque
Luxembourg-based cooperative bank looks at open banking.
ANIA leads insurance blockchain project in Italy
Insurtech innovation with Italian Association of Insurance Companies.
TradeIt teams with IBM Cloud for Financial Services
Will help developers add universal brokerage functionality to financial apps, platforms, and websites.
Payworks to power new POS tool for Bambora
Duo will launch Bambora Connect – for POS software providers and merchants.
UK start-up accelerator Buildily powers up for good causes
Will also donate 10% of its fees to micro-lender Lendwithcare.
Holvi takes Uber drivers to financial heights
Two have joined forces to help Uber’s drivers manage their finances.
Moneyhub expands platform with payment initiation services
UK firm secures PISP authorisation from Financial Conduct Authority.
Temenos teams with AUC Venture Lab in Egypt
Vendor promoting its core banking system to start-ups.
FinTech for Good Award: honouring organisations for outstanding social impact
Enter Banking Technology Awards by 31 August!
Hydrogen’s Findi consortium breathes life into public blockchains
Paving the way for Web 3.0 and taking on R3.
Idea incubator Pioneer calls for ambitious outsiders
“Apply with any project you need help with.”
World Bank turns to CBA for world’s first blockchain bond
Using DLT to end extreme poverty.
TransferGo goes to Onfido for onboarding flow
Obligatory selfie shot included.
Dynamics’ battery-powered cards hit Japan
Move comes via a partnership with GMO Aozora Net Bank in Tokyo.
Top fintech stories this week – 10 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Sberbank spares $400k for six start-ups
First wave of Sber#Up in-house accelerator ends.
Finicity inks data exchange deal with Capital One
More data sharing and more security are the goals.
Even Financial raises $19m funding for new card tricks
Takes its total funding to $25 million.
Uber and Venmo link up for payments
Simplifying the way Uber users can pay with Venmo.
Fiorano teams with ITSS for digital banking push
The duo will help banks integrate core systems with applications.
DriveWealth and Bambu join forces on robo-advisory tool
Two wealthtech companies from opposite sides of the globe have built upon their partnership.
PayStand enters integration land with Xero
B2B payments platform buddies up with cloud accounting firm.
JP Morgan sets up lab for financial inclusion in India
A $9.5m initiative for early-stage firms.
UAE’s Rakbank implements Kamakura’s cash management
The solutions cover balance sheet management and funds transfer pricing.
Visa invests in Behalf for SME financing push
All part of Visa’s commitment to invest up to $100m in fintech.
Regulator syndicate unleashes Global Financial Innovation Network
Builds on UK regulator’s plan to create a global sandbox.
Banco Agrario, Telefonica and Comviva pilot mobile payments in Colombia
Targeting farmers and the rural population.
Facebook wants your bank data
It has “not learned its lesson about the importance of user privacy”.
TransUnion teams with EXL for CECL compliance
Credit reporting agency and analytics company are an item.
Arizona first US state to offer fintech sandbox
Lawmakers stop talking to do something.
Debonair DNB completes trade finance test with Marco Polo
First release of the TradeIX platform on blockchain goes well.
Danske Bank steps up fintech partnership hunt
Potentially open to action in Nordic insurtech and lendtech.
