Starling Bank enters Moneyhub’s payment gateway
“The first challenger bank to support PSD2 PISP legislation.”
BankingTech
US Senate attacks lax Equifax cybersecurity defences
Senate reveals investigation into 2017 data breach that affected 146 million US consumers.
First State Community Bank picks Jack Henry’s lending suite
New tech is provided by Jack Henry’s ProfitStars division.
UK fintech regulator puts bigger fines on the menu
FCA confirms increase in Financial Ombudsman Service award limit.
Bank Leumi touches Eurobase with Siena platform for FX treasury
The deal is only for the London-based subsidiary of the Israeli bank.
State Bank of India selects FSS for one nation of payments
One nation, one card, one deal, one story. Too much? One can’t say.
Ibanera signs for iSignthis banking and payment tech
iSignthis’ subsidiaries Probanx and BSS will provide CorePlus and CoreConnect systems.
Omidyar Network releases fintech venture fund with Flourish
New firm Flourish launches evergreen fund backed by founder of eBay.
International Women’s Day: a great time to reflect on progress, but there’s still a long way to go
A look at initiatives that help a better work/life balance – and assist women to get to the most senior roles.
Top fintech stories this week – 8 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Commerzbank and Deutsche Börse complete DLT repo transaction
It involved the simultaneous swap of the tokens as a legally binding transaction.
Swift gives short shrift over RBI penalties to Indian banks
It says the failures lie with automated payment processes at the banks.
SoftBank and Microsoft power Grab’s $4.5bn funding frenzy
Other investors in its current Series H funding round include Toyota, Hyundai, Ping An, and Yamaha.
HSBC launches PSD2 developer portal
Developers can test APIs for three services.
Silicon Valley Bank welcomed in Canada
The bank has received a Canadian licence and opened an office in Toronto.
Blockchain outfit SETL files for bankruptcy
UK payment and settlement infrastructure provider calls in an administrator.
Nationwide revives 10x Future Technologies with £15m funding
Former Barclays CEO’s fintech firm gets boost after losing Virgin Money deal.
Wave acquires Canadian SME account provider Every
Software firm plans to integrate more financial products and services.
Ant Financial tag teams Hoperun for new core banking product
The Chinese firms have released their Distributed Core Banking Platform (DCBP).
German savings marketplace Raisin acquires MHB Bank
Fintech buys bank. Yes, we worked that out thanks.
Fitting Hub right fit for Japanese banking on blockchain
Five regional banks plan April launch of new service.
TurnKey Lender locks in new investment from OSK Ventures
Singapore-based digital solution provider gets more funding.
nCino lands new customers in Stockholm and Sydney
DBT Foretagslan and Thinktank are BOS-sing it.
Fabled kings, indecision and cows
Welcome to the Great Disillusionment Swamp…
Flexcube core banking system gains new takers in LatAm, Europe and Asia
Banco Votorantim in Brazil, Ghazanfar Bank in Afghanistan, Prince Bank in Cambodia, and FEDinvest in Albania.
Crypto boosted by Russia’s digital rights bill
The State Duma edges the nation towards cryptocurrency legislation.
Palestine Islamic Bank goes digital with Temenos to the core
Infinity and T24 Transact will support the bank’s digital transformation.
Finastra core system fuels Al Taif Islamic Bank
Iraqi bank looking to “kick start its retail business”.
Great member expectations for Fiserv’s double win
New US deals with HealthCare First Credit Union and Portland Local 8 Federal Credit Union.
UOB targets SME digital market in Thailand
With support from DEPA, NSTDA, OSMEP and The Finlab.
Swift unveils e-voting PoC on blockchain
Alongside SLIB, SGX, Deutsche Bank, DBS, HSBC and Standard Chartered.
Cashplus brings in gambling block for credit cards
Bookmakers and casinos set to lose out (for once).
Singapore regulator’s new tech group targets risky business
Monetary Authority of Singapore makes some changes and gets truly focused.
Video conferencing specialist 24sessions scores $1m funding
Dutch company now has total capital of more than $1.4 million.
The forgotten faces of diversity: the invisibles
To be successful, diversity and inclusion must start from within – and it must be built into the culture.
How new AML tech is freezing the fraudsters
Over 90% of UK current accounts are now covered by the new Mule Insights Tactical Solution (MITS).
End of days as Barclays brings bPay into Pingit
bPay struggled to get users in the cutthroat world of mobile payments.
Moorwand picks ClearBank’s Banking-as-a-Service
Trying to address the confusion around BIN access and other payments.
Cognizant buys post-trade processor Meritsoft
Acquisition of Irish firm expands its Software-as-a-Service platforms.
US mobile banking start-up Chime rings in $200m funding
The challenger is now valued at $1.5 billion.
