Lloyds customers leverages Open Banking for iwoca loans
Integrations with Barclays, HSBC, RBS, Santander and others are imminent, iwoca says.
FinTech
Core banking tech developer Riby secures funding from Microtraction
Riby has developed a cloud-based core banking system for African co-ops and credit unions.
First Bank takes it to WhatsApp with Clickatell
Customers will be able to bank through the chat app.
Monzo closes £85m round as it plans more crowfunding
In its quest for a £1.5bn valuation.
Coinbase raises $300m, now valued at $8bn
In its largest round of funding to date, digital currency wallet Coinbase has closed a $300 million investment.
FinovateAsia 2018: Best of Show winners unveiled
Congratulations to the trio of winners!
The blockchain emperor has no clothes
The only benefit I can see from this invention is that the hype around it has encouraged folks to think out of the box.
Sibos 2018 video: Thomas Nielsen, Deutsche Bank
Open Banking benefits for corporate clients, PSD2 and future trends in finance industry.
Sibos 2018 video: Roland Brandli, SmartStream
TLM Aurora, challenges with Open Banking, the potential of data and the biggest issues facing fintech.
Sibos 2018 video: David Rich, Vocalink
How to mitigate real-time payment risk and successfully defeat network-level fraud.
Auka launches Settle for cross-European payments
Bringing the Nordic model to Europe.
Wahed Invest obtains $8m from existing investors
It claims to be the first Islamic fintech start-up to reach a valuation of $100 million.
White paper: Real-Time Risk Analytics, Management and Compliance with In-Memory Computing
In-memory speed, unlimited horizontal scalability and broad integration to support any future needs.
NTT Data to acquire Canada’s Sierra Systems
The acquisition will provide Tokyo-based NTT Data with a “significant” presence in Canada.
Quid raises $37.5m in funding round led by Lexis Nexis’ investment arm
Quid’s $37.5m round was led by REV Ventures, bringing the total funding to $108m.
Sibos 2018 video: Nanda Kumar, SunTec Business Solutions
Bank of Tomorrow, SunTec digital core and the company’s future.
Red Hat to be acquired by IBM in “game changing” $34bn deal
With the acquisition of Red Hat, IBM will become the world’s #1 hybrid cloud provider.
BGL Group acquires PFM app Bean
BGL will buy Saverd, the company behind personal finance management (PFM) app Bean.
Digital disruption is shaking up the worlds of watchmaking and finance
The Swiss watchmaking and finance industries will need to draw on their own heritage to respond to digital disruption.
Sibos 2018 video: the importance of financial & tech media
What is the role of financial and tech media in the industry?
Sibos 2018 video: the importance of Sibos
So why do we like Sibos?
Sibos 2018 video: the future of finserv
Sibos 2018 delegates ponder the future of finserv.
Sibos 2018 video: challenges ahead
Sibos 2018 participants share their views and experiences.
Sibos 2018 video: key takeouts – part 2
Some more of the key takeouts from Sibos 2018, in this short and sweet video.
Top fintech stories this week – 26 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Futrli lands £4m funding in Series A round
Futrli was born from its founder’s “own typical experience as a small business owner”.
ANZ and Moneythor partner for “financial wellness” venture
ANZ will implement Moneythor’s digital banking toolkit.
BIAN unveils free digital API Exchange
An online digital library containing over 65 standardised API definitions.
Playing nice: why credit scoring and blockchain could be keys to a working US sandbox
The key is to find areas of common ground and construct the sandbox – and its mission – around those topics.
Sibos 2018: separating the myth and reality of AI in financial services
Where can the artificial intelligence tech have the greatest impact?
Sibos 2018: partnership strategies to overcome digital disruption
Will digital disruption by dynamic technology natives undermine the legacy business models of traditional banks?
Sibos 2018 interview: Parth Desai, Pelican – succeeding in the AI economy
Artificial intelligence can help banks obtain “customer cognizance”.
Sibos 2018 video: key takeouts – part 1
Summed up in this short and sweet video
Network platforms: a new concept for a new age
ING and TradeIX, both members of the Marco Polo Network, discuss its benefits and what lies beneath.
Knowing your customer: blockchain’s ultimate killer app?
Abbas Ali, associate director, R3, wants you to be in the know about KYC matters.
Blockchain: technological genius or marketing concept?
Insight from Alain Rocher, head of knowledge management, Societe Generale Securities Services.
Sibos 2018: Why smart ledgers are not delivering yet, for financial services
Do financial services have a ‘God-given’ right to smart ledgers?
Sibos 2018: Alpha-bets S-Z
A brief look at four fintech firms that are worth watching out for at the Sibos show.
Umpqua Bank sells fintech unit to banking tech firm Kony
Kony bucks status quo by acquiring tech from Umpqua Bank.
Bankers behaving badly: breaking the cycle of aggressive conformity
Find the price you are not willing to pay. And don’t pay it.
