Tieto buys Nordic banking tech rival Evry for €1.3bn
Combined, TietoEvry will have 24,000 employees and annual revenues of €3 billion ($3.4 billion).
FinTech
Aazzur launches funding round
The Berlin-based fintech has also begun beta testing.
Avaloq Community Conference 2019: readiness for an uncertain future
Setting out the five basic steps for the bank sector to follow, with digitisation at the heart.
Core banking and core principles: getting to the future, from where you are today
It is now possible for us to be digital all the way down.
Landmark Group and HSBC debut dual-platform blockchain deal
A major step forward in the Middle East’s retail industry adopting blockchain
ABN Amro turns to Temenos’ WealthSuite
The first international branch to go live with the system will be in Belgium.
Webinar: don’t disrupt – avoiding the dangers of transformation
70% of digital transformation plans fail. Find out why in this upcoming Finovate webinar.
Refinitiv invests in BattleFin
BattleFin’s Ensemble marketplace will be integrated with Refinitiv’s desktop, Eikon.
Growth Street receives £10m funding round
Funds will be used to transform the business overdraft.
MoneyGram agrees $50m partnership with Ripple
The strategic partnership will have an initial term of two years.
Ask the expert: your questions on growing the business answered
How can I generate awareness of my fintech among potential investors and target clients with limited resources?
Video: fintech news weekly round-up – 18 June 2019
This week, the FCA makes a return with pro-consumer rules!
Five winners in latest RBS-derived funding round
The fourth entry in the Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package.
PayFit to double workforce with €70m funding round
French startup automates payroll and HR processes for SMEs.
ADB launches digital financial inclusion fund
It’s supported by the Bill & Melinda Gates Foundation, AFD and more.
Fintech: changing lives and promoting inclusion across the globe
164 million migrant workers and 800 million people around the world today are directly supported by remittances.
Chip Mong Bank picks Compass Plus to support Cambodia launch
Compass Plus provides an ATM cash-by-code service.
New partnership launched to foster US and UK fintechs
The FIP aims for enhanced cooperation over regulatory issues.
Anti-fraud firm BlockClaim completes £500k seed funding
The UK-based firm uses AI and blockchain to detect fraud.
CGI makes £78.9m all-cash offer for SCISYS
The deal would expand CGI’s reach in European space and defence markets.
CallVU teams up with Banca Transilvania to boost mobile banking
It will give customers card control to block transactions or modify transaction limits.
Moneyfarm partners up with Allianz
The wealth manager will use this to drive expansion into Germany.
Crypterium launches prepaid card
The Crypterium Card is loaded with cryptocurrencies and functions just like a traditional prepaid card.
IBM launches Hyper Protect Accelerator for pre-Series A start-ups
15 early-stage, pre-Series A start-ups from both fintech and healthtech will be selected for the program
Challenger banks in Canada: who’s who and what’s their tech
A comprehensive list of challenger banks and banking services in Canada and the tech they are using.
PPRO acquires LatAm paytech, Allpago
The deal is part of PPRO’s global expansion strategy.
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
Tinkoff launches Oleg, a financial and lifestyle AI
Tony Stark’s, Jarvis, may have some competition.
Augmentum Fintech to double in size as it seeks £150m fundraise
The capital would be used within the next 18 months.
Interview: Dan Makoski, Lloyds Banking Group – grand designs
“Design, like technology, is a strategic superpower that can be used to do incredibly bold things.”
H&R Block acquires Wave Financial for $398m
It follows Wave’s recent acquisition of Every.
CloudBees acquires Rollout to ease feature deployment
Targeting the continuous integration/continuous delivery (CI/CD) market.
KnowBe4 reaches $1bn valuation with latest investment round
The cybersecurity firm has raised a further $300 million.
PayU taps Turkey’s digital economy with Iyzico acquisition
The company also hopes to encourage cross-border trade with CEE countries and Africa.
Alipay and six European mobile wallets collaborate on digital payments
Users can use QR code payments with their home apps in ten European countries.
Sparrow’s options trading platform takes flight
Trade options will be settled by smart contract.
UniCredit enhances invoicing service with FinDynamic partnership
The fintech offers ‘dynamic discounting’.
Video: fintech news weekly round-up – 11 June 2019
This week, news about JP Morgan’s Chase, Visa, and more!
ABX wins approval for crypto asset exchange and custodian
The exchange has its eyes set on bridging the gap between the MENA region and the rest of the world.
FinovateSpring 2019: focusing on the digital future of fintech
Three key takeaways from the event.
