BBVA drives first acquisition term loan on blockchain
Closes the loan with Porsche Holding Salzburg.
BankingTech
Top fintech stories this week – 14 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Real-time payments: the next big thing in US banking
RTP promises to be the biggest change in US payments since the 1970s.
UAE and Saudi Arabia trial cross-border payments on blockchain
Despite some media reports it’s not a digital currency.
YayPay celebrates $8.4m funding for data science drive
Start-up seeks growth in cash-flow and receivables markets.
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.
Accenture acquires select assets of financial software firm Zafin
Firm looking for more action in legacy IT world.
Revolut gets European banking licence
Will begin operations in 2019.
ShopKeep closes $65m for small business financing leap
Brings US firm’s total funding to just over $72 million.
Mitek stock price rises after ASG beefs up acquisition offer
It took issue with “opportunistic” nature of a proposal last month.
All this time, you’ve been doing meetings wrong
There are three types of meetings in the world.
Swift CEO calls time on seven “intense” years
Gottfried Leibbrandt will step down at the end of June 2019.
Camden National Bank outsources SilverLake core with Jack Henry
Stepping it up in Maine, US.
Morgan Stanley says yes to Yext for finance advice
Bank has digital brain wave for its financial advisors.
Vocalink to revamp Peru’s payments system
Teams with Cámara de Compensación Electrónica for real-time upgrade.
Finastra Universe London 2018: overcoming the data frontier
When privacy is not an issue.
solarisBank shines for Boerse Stuttgart’s crypto trading launch
Coming in H1 2019 with solarisBank providing banking services.
US challenger bank Envel emerges for auto-pilot action
Start-up goes ethical and offers “banking on autopilot”.
Malware campaign “Operation Sharpshooter” aims for UK fintech
McAfee warns of imminent danger and an in-memory implant.
Temenos acquires SaaS vendor Avoka for $245m
Plans to strengthen its digital banking services.
International Bank of Azerbaijan goes FICO for financial crime fight
Bank up for battle against money laundering and terrorist financing.
Wirecard woos with Apple and Google Pay play
Double delight for its boon customers in Germany and France.
Motive Partners takes majority stake in Finantix
Private equity firm gets hold of digital services provider.
Plaid’s glad all over with $250m funding
US app provider now valued at a juicy $2.65 billion.
Barclays app turns on retailers with “turn off” spending feature
Customers can stop transactions at chosen retailers for greater control.
Ripple powers Coinone’s remittance app in South Korea
The nation’s “first blockchain-powered remittance mobile app and web service”.
White paper: Segments of one – customer insights in digital banking
Easy-to-implement use cases for personalised marketing and sales.
Data privacy provider Privitar picks up investment from Citi
UK firm plans to expand its US teams on the East Coast.
BioCatch brings behavioural biometrics to ACI Worldwide
Paytech ACI plans to stop fraud for banking customers.
Next Caller has Interactions for phone-based threat assessment
Intelligent virtual assistance firm Interactions seeks better fraud protection.
PayPal gives a Toss about Viva Republica’s $80m funding
Aimed at expanding the firm’s consumer app Toss.
Delay to Distribution Finance Capital’s UK banking licence
UK’s Prudential Regulatory Authority informs wannabe about the wait.
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.
Contis and Visa unleash fast-track fintech programme
Will give firms access to payment cards and banking capabilities.
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.
