Addiko Bank puts digital banking solutions on Appian
Austrian bank finds the way to low code developer’s platform.
SME
SMEs and selfies stick for FNB account opening
South African bank unveils selfie authentication… and “businessism”.
PayPal to buy iZettle for $2.2bn ahead of IPO
Largest acquisition in its history.
Centric Bank embarks on core banking tech project with Jack Henry
Moving from Jack Henry’s CIF 20/20 core banking system to Silverlake.
CBA, Microsoft and KPMG Wiise up to Australian SMEs
Cloud solution designed for payroll and banking.
Cashplus calls on Currencycloud’s special FX for SME payments
Especially designed to help British SMEs do better business abroad.
Santander UK to launch digital financing platform for SMEs
Mambu believed to be providing its core banking tech to Santander’s new SME platform.
Indian lending start-up Finwego preps for launch
Gains momentum with innovation challenge award success.
Virgin Money gets £1.6bn takeover offer from CYBG
Combined entity will have six million personal and business customers.
Credit Suisse provides $200m line of credit to BlueVine
Boosting BlueVine’s combined debt and equity funding to $518 million.
Acorns Australia rebrands as Raiz Invest; Westpac and Assembly Payments team up
Acorns Australia, an app that uses small change to invest, has rebranded as Raiz Invest.
SME lender Kabbage to acquire fellow lendtech Orchard
Small business lender Kabbage is rumoured to be acquiring lending platform Orchard Platform Markets.
Top fintech stories this week – 27 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
FairFX posts first full year profits
CEO of FairFX describes the year as “ground-breaking” for the company.
Redwood Bank first in UK to put core banking tech on Microsoft Azure cloud
UK’s first 100% “born in the cloud” bank goes on the record about its tech and providers.
Fintech funding round-up: 18 April 2018
Stars MFS Africa, Tala, Funding Societies and HelloGold.
Paysafe to purchase iPayment
You can probably guess it’s to do with payments.
Fintech funding round-up: 11 April 2018
Features Ant Financial, Ripple, Blockchain Capital and Liberis.
TSB offers SMEs digital MOT
Bank joins forces with Enterprise Nation to offer supportive SME service.
Kabbage and Ingo Money to power faster loan payouts to SMEs
Online alternative lender Kabbage has teamed up with push payments innovator Ingo Money.
SME lender Lendio unveils Lender Turndown initiative
Lendio’s network of lending partners can offer a loan alternative to SMEs that do not fit their risk profile.
UK challenger bank Countingup officially launches
Offers business current account with accounting and tax software.
CivilisedBank to reapply for banking licence
“To allow time for further technological development.”
NatWest links with Vocalink to foil fraudsters
Bank bolsters defences for detection of invoice fraud.
Banking Technology April 2018 issue out now
You sought symmetry. And fintech came to you.
Australian challenger bank Judo Capital launches
Throws its hat into the SME ring with digital move.
RBS acquires FreeAgent
The deal values cloud accounting firm FreeAgent at $75 million (£53 million).
TSB joins lendtech race with Business Marketplace
Plans to become UK’s first high street lender to link to rival’s digital deals.
Square boxing clever for slow cash flow
Releases its new Instant Deposit service for UK businesses.
UK regulator grants Tide e-money authorisation
UK-based SME banking start-up Tide is “entering adulthood” as it turns 15 months old.
Australia’s challenger bank Tyro launches Tap & Save payments service
Tyro’s new service enables merchants to process debit tap-and-go payments through the Eftpos network.
Metro Bank in shout out for “walk out trading” service
Will allow businesses to accept debit and credit card payments as soon as account is opened.
Online payroll and HR tech provider Gusto goes freemium
Gusto’s HR Basics offers small businesses a set of basic HR tools for free.
BlueVine and Veem: SME financing meets cross-border payments
New partnership to enable small business owners to save on international payments.
India’s government looks for flexible fintech
Nation seeks to promote financial inclusion and make regulations more flexible.
Kapow! Kofax to power Spotcap’s credit assessment algorithm
SME financing provider Spotcap has implemented Kofax’s Kapow robotic process automation (RPA) software.
Nesta offers £2.5m prize fund for fintech start-ups
Applications are open for next phase of its “Open Up Challenge”.
Facebook Messenger fuels Mastercard’s payments pursuit in Africa and Asia
Pilot in Nigeria is start of larger plan to get more businesses into their version of digital economy.
Dream Payments and Mastercard speed up insurance payouts
Cloud-based payments platform Dream Payments has teamed up with Mastercard.
Virgin Money’s digital bank edges to beta testing
Beta testing expected in the second half of this year.
