Identitii to raise $11m in blockchain IPO
Money raised will be used to support development of its Serra solution.
FinTech
Konsentus gets PSD2 with new open banking sandbox
Regtech wants to help FIs get compliant.
How people-first branding is giving fintech start-ups the edge
People-first branding in fintech is a clear differentiator in a fiercely competitive market.
Overstock’s blockchain subsidiary bags $270m funding
Chinese private equity firm GSR Capital sees a hero in tZero.
EY finds $1bn for fintech foraging
Investment plans in cyber, risk management and cloud-based tech.
Oracle cloud left fuming over Firefighters’ Pension Fund lawsuit
Claims Oracle misrepresented true drivers of its cloud revenue growth.
Temenos teams with AUC Venture Lab in Egypt
Vendor promoting its core banking system to start-ups.
Hydrogen’s Findi consortium breathes life into public blockchains
Paving the way for Web 3.0 and taking on R3.
Microservice architecture – throughout the business
A quiet revolution is unfolding – a noticeable trend towards microservice-based software.
Idea incubator Pioneer calls for ambitious outsiders
“Apply with any project you need help with.”
World Bank turns to CBA for world’s first blockchain bond
Using DLT to end extreme poverty.
TransferGo goes to Onfido for onboarding flow
Obligatory selfie shot included.
Top fintech stories this week – 10 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Sberbank spares $400k for six start-ups
First wave of Sber#Up in-house accelerator ends.
Microsoft unveils Ethereum proof-of-authority on Azure
Suitable for permissioned networks where all consensus participants are known.
Digital champion Compeon unleashes SME loans in Germany
Digitaler Mittelstandskredit ist hier!
Webinar: IT incident response in financial services
Access the on-demand webinar.
Paytech ClickSwitch gets $3.5m funding
US-based automated account switching solution is switched on.
China crypto company ACChain goes off the grid
A real China hustle.
Finicity inks data exchange deal with Capital One
More data sharing and more security are the goals.
Titles, corner offices and authority in a disrupted economy
Stay teachable. And in doing so stay humble.
UK watchdog takes legal action over Barclays PPI breach
Barclays failed, for a second time, to send annual reminders to PPI customers.
N26 goes into Spaces for savings
On the heels of Monzo and Starling.
Even Financial raises $19m funding for new card tricks
Takes its total funding to $25 million.
Alpha Business Bank readying to take on American SMEs
Claims to “get” small businesses.
Infographic: the stats and story behind Bitcoin ATMs
CoinIQ has a quick look at some key Bitcoin ATM statistics.
Fiorano teams with ITSS for digital banking push
The duo will help banks integrate core systems with applications.
Feedzai brings machine learning to fraud fight
Turning the tedious and time consuming to dust?
Blockchain record-tracker Factom gets $6m investment
FastForward Innovations shows interest in blockchain record-tracking company.
JP Morgan sets up lab for financial inclusion in India
A $9.5m initiative for early-stage firms.
BBVA’s VC fund leads $9m funding round in finserv Steady
New funds will be used to launch additional product lines.
Visa invests in Behalf for SME financing push
All part of Visa’s commitment to invest up to $100m in fintech.
Regulator syndicate unleashes Global Financial Innovation Network
Builds on UK regulator’s plan to create a global sandbox.
Australian SME lender Skippr closes $16m funding round
Financing start-up sends message of reassurance.
Banco Agrario, Telefonica and Comviva pilot mobile payments in Colombia
Targeting farmers and the rural population.
Quebec goes on tech quest with $6m fund
Plans to invest in 20 to 25 firms.
Fintech: the driving force behind financial inclusion and empowerment in developing economies
Fintech start-ups are thinking “solution” to the benefit of millions people.
National Bank of Bahrain launches digital banking platform
Partnered with Almoayyed International Group.
India Post Payments Bank to launch in August
“At least a branch in every district.”
Arizona first US state to offer fintech sandbox
Lawmakers stop talking to do something.
