Open banking: growing in customer trust in 2019
By 2022, the open banking market could be generating £7.2 billion in value.
FinTech
Colombia’s fintech wakes up to open banking
New alliance between Colombia Fintech and Open Vector is a start.
Scotiabank taps Mexican talent for fintech accelerator
Canadian bank teams with Monterrey university for Mexico City action.
Morgan Stanley stocks up with $900m Solium acquisition
Wealthtech move marks its biggest deal since the financial crisis.
Sensors working overtime as AIStorm raises $13m funding
A storm is coming… a good one for IoT, biometrics and wearables.
Euronext ups Oslo Stock Exchange offer to $790m
What a saga! The battle in Norway against Nasdaq continues.
Databricks keeps building with $250m funding
Now valued at $2.75 billion – and with the continuous support of Microsoft.
First crypto clipper malware found on Google Play
The clipper impersonates a legitimate service called MetaMask.
IBM invests $2bn in AI tech in New York
Including an AI hardware centre for research.
Death not the end for QuadrigaCX crypto drama
Only one man had the password to access funds. He’s dead.
Announcing Genome beta launch at White Nights Berlin 2019
Genome opens for public beta in Berlin on 12 February 2019 introducing a unified finance ecosystem like no other.
ChartIQ finds a path to $17.4m funding
US-based fintech has now raised a total of $20 million.
InterSystems and Global Accelerated Ventures call for fintech start-ups
Looking to advance innovation in finance.
Top fintech stories this week – 8 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Innovating at scale: to compete with fast-rising challengers, banks need to gain agility
How large established financial brands can draw lessons from challenger banks’ customer-centric success.
Sberbank and 500 Startups IT Demo Day: blockchain cuts little ice in Moscow
They favour AI, ML and cybersecurity, which they believe hold greater appeal to investors.
SIA blockchain sureties a sure thing in south Italy
“The first blockchain project in Italy to manage sureties.”
Centage leaves no cent behind in $8.5m investment round
TVC Capital leads funding round in US provider of cloud-based tools.
Swiss stock exchange’s blockchain bourse delays launch
SDX trading platform now coming in the second half of this year.
API platform Tink raises €56m and expands in Europe
Now coming to countries like the UK and Spain, among others.
Thesys loses US stock exchange contract to Finra
The firm was hired to build a data warehouse for all stock-market activity.
Unite Global partners with WOCU for centralised currency
EXCLUSIVE. An electronic currency to support its payments platform for trade and settlement.
The view from your desk: imagining a future without you in it
What if my starting point was not my desk?
UK and Canada unveil tech innovation competition
Open to ideas in artificial intelligence, internet of things, blockchain and cybersecurity.
UK regulator urges vigilance over investment scams
Last year was a shocker. Action Fraud reveals over £197 million of reported losses.
Emirates NBD plays matchmaker for start-ups and investors
Private banking arm sees no harm in The LaunchPad.
Facebook buys blockchain firm Chainspace
It may be looking to move towards the payment space.
Savings start-up Moneycado fires up for travellers
UK firm says it is building the world’s first savings account for travel.
Raisin caught raising $114m for savings quest
Series D brings total amount raised to $200m.
Software platform Kofax to acquire Top Image Systems
Final closing of the transaction is subject to a vote by TIS shareholders.
What does a recession mean for fintech?
In the world of fintech, a problem is just an invitation to innovate.
Digital Isle of Man unleashes blockchain office and sandbox
No plan is an island.
SME finance app ANNA gets £8.5m funding
New investment comes from Kinetik.
Kraken acquires UK trading platform Crypto Facilities
No specifics but it is a “nine-figure deal”.
Philippines brings in new rules on crypto assets
Another regulator gets tough on this rather special sector.
Regulators officially launch Global Financial Innovation Network
Development builds on FCA’s proposal to create a global sandbox.
JP Morgan takes minority stake in Smart Pension
UK-based pensions provider has now raised a total of £50 million in funding.
CEO death means crypto exchange QuadrigaCX can’t release $190m funds
Firm’s users don’t seem so sympathetic and many express suspicions.
Alt credit scorer Aire heads to $11m funding
Takes the company’s total funding to $23 million.
Capitalise goes live with Interactive Brokers
Capitalise enables traders to automate their strategies using natural language.
