B-Social raises £3m to build a social bank
As it applies for a UK banking licence from the FCA and PRA.
Retail Banking
Xinja grows up to be a bank with APRA licence
The Australian regulator has given the bank a restricted authorised deposit-taking institution licence.
Starling Bank’s Megan Caywood jumps to Barclays’ ship
She aims to have a bigger impact in the industry through fintech partnerships.
Banking Technology Awards 2018: and the winners are…
The Banking Technology Awards 2018 winners announced!
Brazilian challenger Nubank breaks down doors with debit debut
The release is “another piece of the jigsaw that was missing”.
Robinhood tucks into Galileo for US checking and savings launch
Payments processor powers trading app’s banking move.
Ecobank teams with MFS Africa for digital payments
Customers can now transact with 170 million mobile wallets across continent.
Mayapada Group taps Pohon Dana for lending in Indonesia
Conglomerate pushes into fintech via investment.
Banking tech problems hit TSB and Absa
UK and South Africa united in fintech grief.
Camden National Bank outsources SilverLake core with Jack Henry
Stepping it up in Maine, US.
US challenger bank Envel emerges for auto-pilot action
Start-up goes ethical and offers “banking on autopilot”.
Barclays app turns on retailers with “turn off” spending feature
Customers can stop transactions at chosen retailers for greater control.
BioCatch brings behavioural biometrics to ACI Worldwide
Paytech ACI plans to stop fraud for banking customers.
PayPal gives a Toss about Viva Republica’s $80m funding
Aimed at expanding the firm’s consumer app Toss.
Banking start-up Nexves wins Scottish EDGE Wild Card
Gets a cash boost via victory at the RBS-backed competition.
Standard Chartered cutting jobs in UAE
Its digital activity comes at a heavy price.
Reserve Bank of India’s governor quits for personal reasons
Tensions with the finance ministry are rumoured to lie behind the departure.
First Abu Dhabi Bank goes live on Temenos T24 core system
The consolidation of FGB and NBAD systems is now complete.
Bahrain Credit goes omnichannel with Clayfin
Tech firm Computer World will take these services to the Microsoft Azure cloud.
StanChart first in Hong Kong for digital savings account on-boarding
HKID security features validation and facial recognition.
Credit Union Australia offers app with personal touch
Allows customers to pick a personal bank advisor.
Migrants bank Rebtel targets US launch
Swedish bank is for an “overlooked and undervalued customer in mind – migrants”.
Norwegian Finance targets European banking expansion
Acquires shares in Irish company Lilienthal Finance to make this happen.
Metro Bank keeps on digital with international payments
Easily done through the app, not a branch.
Top fintech stories this week – 7 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Airtel Nigeria plans payment service bank
Telco seeks out nation’s mobile market.
HSBC releases robo-advice and investment service
Only for customers with some money to invest.
Bank Islam Brunei Darussalam goes with Rambus for digital payments
Focusing on security and privacy through tokenisation.
Raisin UK now offers account courtesy of Starling
UK challenger bank’s Banking-as-a-Service sees its results.
ISO 20022 not snowed under by icy responses
Bank of England says responses to messaging standard were “largely supportive”.
HDFC Bank’s app upgrade goes sour
The app simply didn’t work at launch.
Zopa unleashes UK challenger bank
New entity will sit alongside its existing P2P lending business.
Aussie challenger bank Xinja seeks second funding round
Potential investors can register now.
Chetwood’s LiveLend takes groans out of loans
“World first loan” where the rate falls as borrowers improve their credit score.
BBVA brings on Onur Genc as new CEO
He replaces Carlos Torres Vila, who will become chairman.
Starling Bank eyes Euro accounts and more partnerships
UK challenger reveals its plans for next year.
Openbank takes off with AWS
Moving the entire front-end digital bank systems to the cloud.
Betalo unleashes Swedish neobank PFC
With a name like Personal Finance Co. its plans are obvious.
UK savings app Chip notches up £4m funding
Firm says it got a record-breaking number of investors in the UK.
Line and Mizuho plan new mobile bank in Japan
Messaging app and bank to establish JV through their subsidiaries.
