Supplement: FinovateSpring 2019
Read our free FinovateSpring Supplement, packed with fintech goodness!
FinTech
Banking Technology May 2019 issue out now
Fintech with flourish. It blooms and blossoms.
My top four proactive, disruptive banking process innovations
Four areas where you can make the biggest impact both quickly and in the long run.
What’s driving change and where’s M&A activity in the fintech sector?
A “technological arms race” to digitise processes and drive efficiencies is on!
Emerging economies payments start-up Thunes closes $10m Series A round
Plans to accelerate growth across Africa, Asia and Latin America.
Plum hits $4.5m new funding with 433% user growth in a year
The firm has reached 400,000 users.
To keep bigtech at bay, banks should see fintech as friend, not foe
In the face of mounting competition, financial institutions must go a step further to stand out from the crowd.
JP Morgan and Microsoft join forces for enterprise blockchain push
Quorum to be made available through Azure Blockchain Service.
BCR opens applications for Capability and Innovation Fund Pool C
Four £10 million grants are on offer.
CBANC acquires Lendwell
Terms of the transaction were not disclosed.
Refundo to return tax refunds in Bitcoin
Thanks to a recent partnership with BitPay.
Top fintech stories this week – 3 May 2019
May issue is out!
RPA firm UiPath closes $568m funding round
Company’s post-money valuation has grown from $110 million to $7 billion.
Blockchain-based ID verification system goes live in Canada
SecureKey’s Verified.Me is backed by several major financial institutions.
UK challenger bank Dozens gets £3.8m crowdfunding
Dozens had already raised $8 million prior to this round.
Digital Assets Data to enhance crypto data insights with $6m funding
The firm targets crypto hedge funds, family offices, asset management research firms
GFIN selects eight firms for cross-border testing pilot
Next step is to develop suitable testing plans.
Open banking: why the revolution is behind schedule
The transformation is underway – it’s just slower and less extensive than many envisaged.
You can’t always get what you want: digital misconceptions and alpacas
But if you try sometimes, you find, you get what you need. And need is bigger than want.
Video: fintech news weekly round-up – 30 April 2019
SoftBank invests in Wirecard, Tencent in Argentinian Uala, and other Visa news.
Finitive gets $6m funding for alternative lending investments
Investors can now access non-bank lending sectors.
Expense management app Divvy closes $200m funding
It’s the third funding round for the firm in under a year.
DIT pilots to support UK fintech international expansion
Two bridge pilot programmes with Australia and Hong Kong.
RBC adds budgeting tool to mobile app
It tracks and budgets expenses in five areas.
New national network launched to connect UK fintechs
Innovate Finance, FinTech Scotland and FinTech North are behind the initiative.
Fractal Labs wins Deloitte’s first fintech portfolio investment
The company is based in Deloitte’s London fintech lab.
Mosaic Smart Data enhances analytics game with $9m funding
Its machine learning (ML) models identify and alert the user to opportunities and threats.
Tink teams up with Mash
The company plans to use Tink to improve the onboarding process for new users.
Seven fintech firms join forces with Nationwide to address financial capability issues
EXCLUSIVE. Nationwide talks about its Open Banking for Good initiative and the selection of fintech partners.
Equifax acquires PayNet to boost SME credit access
PayNet CEO says deal will support “Main Street American business”.
Meed Banking Club launches in the US with member exclusives
Leveraging banking services at Vast Bank, which itself is going through a major tech revamp.
Unite Global now licensed to issue WOCU currency for banking
EXCLUSIVE. The WOCU currency aims to challenge the dollar-mandated status quo in trading.
Regions Bank taps IBM for AI-driven customer service
IBM’s Watson can help both employees and customers.
Expensify integrates with Southeast Asia ride-sharing firm Grab
This includes Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia.
Top fintech stories this week – 26 April 2019
Figure Eight acquired by Appen, T-mobile launches checking account, and RBS’ digital bank picks Mambu.
Five key takeaways from the 2019 State of Digital Sales in Banking Report
Years of digital transformation are now paying off, with over 57% of worldwide accounts featuring digital capabilities.
Webinar: Customer consent in an open banking world
Learn how educate and empower your customers and gain their informed consent.
On feedback and what to do with it
Giving constructive, actionable feedback is not easy. But man oh man is it essential.
Webinar: Collaboration is key to digital banking
Sign up to hear from our leading panel of financial and technology companies!
How the UK fintech sector is set to fare this year
The fintech sector continues to boom and will maintain peaked interest from investors in 2019.
