Video: fintech news weekly round-up – 16 August 2019
Some of this week’s news, in video format!
BankingTech
Top fintech stories this week – 16 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Technical glitch delays trading at LSE
The glitch caused LSE’s worst outage for eight years.
US neobank Zenus gets licence
Zenus will allow anyone in the world to open an account.
Monzo offers new short-term loans
Loans will be loans between £200 and £15,000.
Finastra wins core cloud deal with neobank, Gravity
Gravity is still seeking authorisation to serve SMEs.
ECB discovers data breach in bank newsletter
It is the second time in five years.
Desjardins spends CAD 70m related to data breach
It’s offered the affected accounts a credit monitoring plan and identity theft insurance.
Commerzbank and LBBW set a new blockchain milestone
This time they’ve integrated logistics provider, Logwin AG.
Declaring time of death and other ways of surviving doing business with big banks
Don’t be afraid to declare time of death when it is true: it is not an admission of defeat.
Atom Bank, iwoca, Modulr and Currencycloud get £10m BCR grant
Public commitments include new UK job.
Jack Henry core banking solution attracts 57 new users in 2019
A record year for the technology provider.
Swedish fintech Northmill launches new saving service
Customers can lower their interest rates in a matter of minutes
Reshaping the banking experience
It’s time to stop looking at digital as the only key to client satisfaction.
ASB invests in NZ blockchain start-up TradeWindow
It’s one of the first technology companies to receive direct funding from a NZ Bank.
Banking platform for freelancers Joust raises $2.6m
The neobank allows workers to get paid faster.
Turn to commercial banks for treasury management innovation
Commercial banks are taking up a starring role.
Banking Technology Awards introduces awards for tech vendors
Ovum Technology Innovation Awards are now open for entries!
NatWest launches voice tech for banking pilot
It’s testing exclusively with Google smart speakers for this pilot.
EBA Outsourcing Guidelines or Operational Resilience – which to prioritise?
Operational resilience (OpRes) is the new, grown up way of regulating the financial sector.
Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UK regulations push SVB further towards automation
SVB exec comments on Brexit and the UK’s supportive fintech environment.
JP Morgan Chase invests in accounting software platform FreshBooks
A JPMC representative will be joining FreshBooks’ board.
Fintech partnerships: the real benefit of Open Banking for incumbent banks
A deep dive into where the real value lies in Open Banking for incumbents.
Tesla-fy your bank
Will banks ever truly reinvent banking?
Daily News at Sibos: be at the heart of the biggest fintech event of the year
London calling: explore opportunities with Daily News at Sibos 2019.
Commerzbank tests blockchain payment solution with Daimler Trucks
Current payment systems require a human to trigger the process.
Saxo Bank completes acquisition of BinckBank
Saxo intends to initiate the statutory buy-out procedure.
First-time homebuyer platform Morty raises $8.5m
The funding was led by New York-based investor Prudence Holdings.
RBC launches student experience on mobile app
The ‘Mobile Student Edition’ is designed to tap into the Gen Z market
Backbase is named a leader in the Forrester Wave™: Digital Banking Engagement Platforms, Q3 2019
Download the Forrester Wave™: Digital Banking Engagement Platforms, Q3 2019
Banking Technology Awards 2019: become a sponsor
Working with us as a sponsor ensures your brand is seen by the best and brightest decision-makers in the industry.
Deutsche Bank creates digital bank Fyrst
Currently the project is suspended by the former subsidiary Postbank.
IIG Bank Malta live with Temenos T24 core and digital platform
It also took Temenos’ financial crime mitigation module.
Klarna bags $460m equity funding
It’s now the most valuable EU fintech with a valuation of $5.5 billion.
Experian closes $20m of Series B1 in CompareAsiaGroup
Making this its fifth major investment in Asia Pacific since 2017.
Mizrahi Tefahot selects Temenos’ T24 Transact for capital markets
T24 Transact will interface with trading systems and the bank’s core systems.
Nasdaq uses AI to root out stock-market abuse
It detects irregular trading patterns and alerts officials according to machine-learning.
Standard Chartered Bank launches Shanghai eXellerator lab
It will tap into China’s advances in artificial intelligence, biometrics and mobile payments.
SmartStream partners with Finanz Informatik Solutions Plus
This will support reconciliation processes for financial institutions.
