Alpha Business Bank readying to take on American SMEs
Claims to “get” small businesses.
BankingTech
Your Legacy FCU moves to Fiserv core system
Ohio-based credit union moving to Portico core system.
Fiorano teams with ITSS for digital banking push
The duo will help banks integrate core systems with applications.
Blockchain record-tracker Factom gets $6m investment
FastForward Innovations shows interest in blockchain record-tracking company.
JP Morgan sets up lab for financial inclusion in India
A $9.5m initiative for early-stage firms.
BBVA’s VC fund leads $9m funding round in finserv Steady
New funds will be used to launch additional product lines.
UAE’s Rakbank implements Kamakura’s cash management
The solutions cover balance sheet management and funds transfer pricing.
Banco Agrario, Telefonica and Comviva pilot mobile payments in Colombia
Targeting farmers and the rural population.
Facebook wants your bank data
It has “not learned its lesson about the importance of user privacy”.
Australian challenger banks: who’s who (and what’s their tech)
A comprehensive list of challenger banks and banking services in Australia and the tech they are using.
CYBG chooses The ID Co for first open banking solution launch
DirectID platform integrated into B mobile banking app.
National Bank of Bahrain launches digital banking platform
Partnered with Almoayyed International Group.
India Post Payments Bank to launch in August
“At least a branch in every district.”
UK challenger bank LQID smoothly starts up
To “bridge the gap” between digital and high street challengers.
US challenger banks: who’s who and what’s their tech
A comprehensive list of challenger banks and banking services in the US and the tech they are using.
Debonair DNB completes trade finance test with Marco Polo
First release of the TradeIX platform on blockchain goes well.
New York state stands against fintech sandboxes
“Toddlers play in sandboxes. Adults play by the rules.”
Wells Fargo customers lose homes due to IT glitch
The bank incorrectly denied hundreds of people mortgage modifications.
Nova Merchant Bank live with Intellect Design Arena’s core banking system
Nova Merchant Bank is the first taker of the Intellect Digital Core system in Nigeria.
Top five banking activities best handled by digital self-service
In the era of digital transformation, banks must evolve, or customers will simply walk out of the branch for good.
Ziraat Bankasi KSA in core banking system upgrade with NDC and Temenos
Ziraat Bankasi KSA has upgraded its core banking system, Temenos’ T24, from R10 to R17.
Danske Bank steps up fintech partnership hunt
Potentially open to action in Nordic insurtech and lendtech.
Starling Bank unveils Banking-as-a-Platform APIs
Think of Airbnb, Uber and Apple. Also think of solarisBank.
UOB unleashes digital bank for ASEAN mobile advance
United Overseas Bank loves the overseas.
From Zopa to bank with new £44m funding
Zopa is moving from P2P lending to banking and savings.
Marshland FCU goes soft for Bankjoy’s banking
US credit union is turned on for mobile and digital banking.
Chase Bank chasing mobile market with ATM move
The future is now, tappity tap.
Top fintech stories this week – 3 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
NatWest and RBS card payments crash
Apparently, they ruined somebody’s holiday?
Banque Palatine launches pre-paid travel card
A mobile app/card combination to withdraw and pay on any currency available.
Big data start-up Quantexa raises $20m for big plans
Series B funding round led by Dawn Capital.
Albaraka Türk bank targets Europe with insha app launch
Aimed at Turkish citizens and Muslims living on the continent.
DocuSign to acquire CLM software provider SpringCM for $220m
All part of its plan to modernise companies’ systems of agreement.
We.trade’s first international blockchain transaction made by UniCredit
A retailer-to-retailer transaction between Germany and Spain.
Barclays takes stake in SME lender MarketInvoice
First high street bank to enter into a partnership with the fintech firm.
Ion Bank charges up with Jack Henry’s lending solution
US bank will use ProfitStars for commercial lending.
Financial wellness platform PayActiv partners with ADP Marketplace
PayActiv provides a way for employers to help their employees manage their financial lives.
Xero buys paperless accounting hero Hubdoc
“Business has never been so beautiful.” Awww. Pass the sick bag.
On expectations, gardening and promises kept: banking edition
Cross fences, walk on the grass till you find your tribe.
Australian challenger bank Judo Capital gets $140m funding
SME plans are on Judo’s hip pocket.
