Top fintech stories this week – 16 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Partnerships
BBVA taps digital start-up Azlo to target US freelance market
Bank partners with business account provider for American dream.
Wirecard brings digital touch to ReiseBank’s bankomo app
Expanding collaboration by enabling users to top up smartphone account without minimum purchase requirement.
BinckBank and Raisin double up for Dutch savings market
Launches new product “Binck Savings” – users can deposit funds with selected European partner banks.
UK regulator plots global fintech sandbox
Financial Conduct Authority looking for views on the merits of a mega-model.
Saudi Arabian Monetary Authority pilots Ripple payments
SAMA like it hot for blockchain-powered payments.
Revolut uses GPS for FX app launch in APAC
Starting with New Zealand, Singapore and Japan.
Jack Henry marks 100 bank clients using Geezeo-powered PFM service
A major milestone in the Jack Henry and Geezeo partnership.
E-ZPass links with PayByCar to advance in-vehicle payments
PayByCar lets drivers use toll transponders to make additional purchases, such as fuel, fast food, and car washes.
SpherePay and TrueChain plan to bring cryptocurrencies into real-life transactions
Singapore-based mobile payment firm teams up with Chinese blockchain company.
More fintech firms embrace Starling’s Marketplace
New group of partners includes PensionBee, Wealthsimple, Habito and Kasko in partnership with AXA.
Infographic: who is ready for Open Banking in Asia?
IDC Financial Insights maps the readiness for Open Banking among Asia, Asia Pacific and Australasia markets in 2018.
Singapore’s FinLab unveils SME accelerator programme
Four-month programme will start in March and eight places are up for grabs.
Citi opens innovation lab in London
Headquartered at the WeWork offices in Moorgate.
MUFG teams with iAPPS for Southeast Asia push
Looking at cross-border payments and settlements.
“Misery” for fintech journalist kidnapped by PR exec
And forced to write a jargon-saturated news report.
Larky deepens partnership with Sharetec
Core processing provider Sharetec expanding relationship with mobile engagement and loyalty programme firm Larky,
Infographic: bank and fintech collaboration in Germany
The latest developments in collaboration between banks and fintechs in Gremany.
Tinkoff Bank opens fintech development hub in Moscow
Will focus on new business solutions based on blockchain and biometrics.
US DoJ shuts down payment card fraud ring
Transnational criminal gang responsible for more than $530 million in losses from cybercrimes.
Nordic banks mull common payments infrastructure
Danske Bank, DNB, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank in talking mood.
Wizards of Oz pull back curtain on open banking
Australian open banking review published – but still seeks feedback.
Banks and fintechs – friends or foes?
Who goes there? A look at new frontiers and the bottom line.
Radius Bank mixes it with Alloy for digital revamp
Massachusetts-based bank plans to become a digital-first entity.
Entrust Datacard teams with Gemalto
Identity authentication and secure card issuance company partners with payment card supplier.
Seven US states standardise fintech payments
Say hello to Georgia, Illinois, Kansas, Massachusetts, Tennessee, Texas and Washington.
Warburg Pincus buys majority stake in Fiserv lending business for $395m
Warburg Pincus is busy again with the acquisition of a 55% share.
UK regulator reveals retail banking remedies
Overdraft warnings are one of the fixes brought in as part of CMA’s investigation.
ADGM heads e-KYC utility project in UAE
Abu Dhabi Global Market has started the development of an electronic know your customer utility.
PrePay Solutions takes a shine to challenger bank Coconut
PPS is providing the banking infrastructure and card technology.
NAB is a Good Shepherd for Microfinance
Speckle is launched in Australia – a new service offering small loans under $2,000.
Blockchain and Bitcoin round-up: 6 February 2018
Features Virgin Money, Tech Bureau, Japan Net Bank, Waves Platform and Tokenomy.
Payments round-up: 6 February 2018
Stars SafeCharge, WorldRemit, Wing Cambodia Limited Specialised Bank, PaymentComponents and Amazon India.
Starling a great Flux for digitised loyalty rewards
Integration marks the second stage in their partnership.
Cisco, Apple, Aon and Allianz unveil cyber risk management solution
Combines evaluation services, technology, and options for cyber insurance coverage.
Women in fintech: people will be empowered by connectivity
Swiss RE’s Cecilia Sevillano talks about her journey in the industry.
Xero and Kaseya form data sharing duet
Cloud-based accounting platform and IT management solutions provider get together.
Fenergo and Arachnys forge strategic partnership
Client lifecycle management tech specialist Fenergo has formed a strategic partnership with regtech provider Arachnys.
Alipay crosses Finnish line for cashless payments
Group of Chinese travellers conclude first ever cashless journey to Finland.
CollectAI partners with Pay360 for UK launch
Accounts receivable and debt collection management company collectAI has made inroads into the UK.
