Italian lendtech Credimi feeling dreamy with €10m funding
Gets investment funds from United Ventures and Vertis.
BankingTech
Avaloq’s new venture capital fund aims for fintech Avalon
Banking tech provider plans new adventures with Avaloq Ventures.
ANNA Money, a business account that meows
The card makes the “purrfect” sound.
CYBG axes banking tech deal with ex-Barclays chief
Follows CYBG’s £1.7 billion takeover of Virgin Money.
Simple appoints former Amazon exec as CEO
David Hijirida is replacing Dickson Chu who was temporarily working as the interim CEO.
Starling Bank’s £10m funding helps it make a stand to Monzo
As it prepares for a £80m round push.
Bank of England calls for payments messaging panel applicants
The panel will input into the implementation of ISO 20022.
Marshall Islands take on Chinese might in crypto fight
President claims it’s a ploy to turn it into a “country within our own country”.
Goldman Sachs acquires financial modelling firm ClearFactr
Bank boosts tech capabilities with purchase of one-man operation.
Moneta first Czech bank in cloud
Tested prototype of app deployment in Amazon Web Services cloud.
Starling Bank keeps you posted with Post Office
A mobile bank with branch services.
South African Reserve Bank fines HSBC $1m for AML fails
There were “certain weaknesses” in its detection of money laundering.
Banco Ficensa live with new core banking system, Datapro’s e-IBS
The implementation was “transparent and efficient”, Datapro says.
UK fintech and FIs get dating guide
New guidelines aim to accelerate fintech growth.
Fingerprints all over Intesa Sanpaolo’s biometric contactless card trial
The card is provided by Gemalto through the bank, with technology from Zwipe.
Morgantown Bank & Trust in core banking tech revamp with CSI
The bank is moving to CSI’s NuPoint core banking system, delivered on a hosted basis.
Meniga gains foothold in Southeast Asia with UOB deal
Meniga’s tech to help UOB’s customers “keep track in real time of their savings and expenses more easily and clearly”.
Bank of England tests financial sector’s cyber strength
Readying for resilience in a risky world.
UBS ferociously fights DoJ fraud claims
Swiss bank says the claims aren’t supported by law.
Independent Community Bankers of America launches fintech accelerator
It thought about it… then unleashed ThinkTech with the Venture Center.
Top fintech stories this week – 9 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Zopa closes £60m funding for bank dream
Largest funding round to date.
Tips to enhance banking websites and turn them into growth engines
Most banks require a digital strategy wherein the websites are turned into a proper sales machine.
EC gets cross with Malta over AML supervision
Don’t forget the fourth Anti-Money Laundering Directive.
Deutsche Bank desires loyalty with Yunar app launch
Start-up behind Yunar is a wholly owned subsidiary of the bank.
Grab gets $50m funding from Kasikornbank
They also unveil GrabPay by KBank, a co-branded mobile wallet.
Build-a-card workshop with Gemalto’s Mini Kiosk
On-the-spot card issuance.
NY subway to accept contactless cards in 2019
US plays catch up in retail payments.
US community banks forge Alloy Labs Alliance
“No bank wants to be the next Sears.”
Standard Chartered teams with Instabase for clever KYC
As the fintech comes out of the bank’s eXellerator.
Curiosity, impatience and weird premonitions or why I should never be invited to give career talks
Be the person people will call to join on their journey.
Coconut smashes crowdfunding goal in a day
Over £650k raised, from an initial goal of £500k.
Canada’s Zag Bank to be canned
Bank’s shareholder Desjardins Group targets Q2 2019 ending.
Lloyds to up digital game with Thought Machine
Takes a £11m investment – 10% stake.
Fraud foe Fraugster fetches $14m funding
Led by CommerzVentures, the venture capital subsidiary of Commerzbank.
Quantexa goes on data adventure with Accenture
The investment comes with a tech collaboration.
Westpac invests $800m in digital revamp
Includes migration of 100 apps onto cloud infrastructure platforms.
BBVA delivers first syndicated loan on blockchain
BNP Paribas and MUFG also participated in the deal.
“Almost all” Pakistani banks hacked
Pakistani Federal Investigation Agency reveals security breach.
IBM shows off three new bank clients
Bank Zero, Caixa and KB Kookmin are all up for IBM Z or LinuxONE.
