ConsenSys drums up $6.5m blockchain funding for DrumG
Former R3 founders to build their first banking solution on Ethereum.
FinTech
Lemon Way taps Barclays for UK corporates
“The UK is the most mature market in Europe for crowdfunding and P2P lending.”
DAVO gets tooled up with new funding
Round was led by Anania & Associates Investment Company.
Salt Edge serves up open banking infrastructure for testing
Now available for testing by third party providers.
How is AI transforming financial institutions?
Artificial intelligence is set to become central to the fabric of institutions.
Canada edges to open banking
Government looking at the trends with benefits.
SoftBank takes the internet out of IoT
Users can transmit data to devices without allocating an IP address.
India’s largest crypto exchange Zebpay has its day
Stops trading due to regulatory pressures from RBI.
Video playlist: bringing legacy banks into the 21st century
Hear it from the experts at FinovateFall – how can legacy banks make strides to innovate like start-ups?
Societe Generale acquires French fintech Treezor
The firm provides core banking, ID verification and card services.
India’s fintech firms fight against Aadhaar restrictions
They want access to the biometric database to verify customers.
Avoka invokes app digitisation for First Tech FCU
Digitises account opening for more than 40 offerings at US credit union.
Top fintech stories this week – 28 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
CBD keen to go digital, foster innovation and retain talent
Commercial Bank of Dubai (CBD) has recruited consultancy firm PwC to assist it with its digital transformation.
SEBA receives $103m funding to merge crypto and traditional banking
Investors include BlackRiver Asset Management and Summer Capital.
Bank of Lithuania’s sandbox seeks fintech start-ups
Central bank offers live environment for testing.
Infographic: London beats NY in job growth
The European finance capital still reigns supreme.
White paper: Five competitive strategies to help banks face the BigTech threat
Explore the strategies you can implement to stay competitive.
“Banking solutions for millennials”: a label of doom
Who the hell are these millennials who need help saving $50 per month?
FinovateFall 2018: Best of Show winners unveiled!
Meet the Fantastic Five – the top vote-getters in this year’s Best of Show voting at FinovateFall 2018.
JP Morgan expands blockchain payments network to 75 banks
Expecting to process 14,500 payments per day.
SIA seeks fintech paradiso with new open banking platform
Italian firm wants to embrace almost everyone.
Criminals scam UK finance industry out of £500m
UK Finance reveals facts, figures and fears.
Bitwala raises €4m to build blockchain bank account
Earlybird and Coparion as investors.
USAA begins testing AR-powered car-buying app
The app recognises cards and gives purchase info in real time.
Nummo closes $1.9m funding and sets up Advisory Council
The PFM firm aims to expand its offering.
Open Banking shouldn’t be written off, the revolution is just starting
Realising the benefits that Open Banking will deliver will take time.
HackerOne secures contract with US General Services Administration
HackerOne wins a $2m “bug bounty” contract with the US General Services Administration.
Revolut records annual loss but revenue grows fivefold
Revolut’s 2017 revenue stands at £12.8m and customer base at 1.3m.
BBVA’s app shows account activity from other banks
BBVA’s has become the first bank in Spain to offer this service.
Tangerine sweetens up with Meniga’s PFM tech
Canada’s direct bank ups its PFM offer with Meniga’s tech.
Fintech Bread lands $60m funding
Bread’s revenue has increased fivefold so far this year.
Scottish fintech Butterwire gets a smooth cut of funding
Reaching 150% of its crowdfunding goal.
UK seeks Asian fintech ties post-Brexit
Economic secretary of the UK Treasury, Joh Glen, tours Asia.
Country spotlight: Lithuania, blockchain nation
The Baltic nation sets out its ambitions to be the region’s fintech hub and gateway to Europe.
Crowdfunding platform Indiegogo turns to Onfido for ID verification tech
Onfido will help crowdfunding platform Indiegogo fight fraud.
Credit scoring firm Cortera lands $10m funding
B2B credit scoring company Cortera has landed $10 million in funding,
The future of client onboarding
Every interaction that your customer has with you is an opportunity for you to make an impression.
Women in finance: an economic case for gender equality
Greater inclusion of women across financial services would have benefits beyond addressing gender inequality.
Gemalto and R3 launch blockchain-based digital ID platform
One identity in all online sites.
