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FinTech
City of London Group to acquire Acorn to Oaks for £1.4m
A2O focuses on SME and insurance products.
What the future of payments and cryptocurrencies will look like
Three key factors currently preclude cryptocurrency from gaining widespread payments acceptance.
Cyprus Securities and Exchange Commission launches fintech hub
CySEC will also look for regtech action.
How loan providers will be using blockchain
The concept of blockchain is still very alien to many.
Isbank opens API portal in Turkey
Initially offering 14 APIs for developers.
Thomson Reuters Financial & Risk and Blackstone create Refinitiv
Will be a standalone company. And should lead to shorter headlines.
UK regulator clamps down on crowdfunding
Financial Conduct Authority proposes changes to rules and calls for feedback.
Feedzai to help Credorax fight merchant fraud
Feedzai uses big data technology to stop payment fraud in real-time.
Switch brings voice tech to its CardSavr API
CardSavr will use natural language processing for managing cards on file.
Top fintech stories this week – 27 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UK – New Zealand: a fintech bridge too far?
How Kiwis and Brits are exploring various ways to participate in each other’s markets.
Starling faces payment and app issues, again
The bank struggled with its payment processor in the past.
Coinbase unveils crypto e-gift card for Uber and Google Play
All enabled via its partnership with WeGift.
Figure Eight dates Google Cloud for machine learning
Figure Eight will serve as the data launch partner for Google Cloud AutoML.
Fellow bankers: “ecosystem” is not a “safe word”
Ecosystems are buzzing living things for those who are part of them.
German digital platform WeVestor powers up
Berlin-based firm targeting entrepreneurial investors.
Credit Suisse unveils $261m fintech fund
Its NEXT Investors team will be looking for the next group of firms to invest in.
Crypto lender BlockFi gets $52.5m investment
From Mike Novogratz’s investment firm, Galaxy Digital.
Dynasty Financial shows maximum interest in MaxMyInterest
Opportunities for savers to make the most of their cash are worth pursuing.
India’s Zoomcar takes digital ID ride with Onfido
This marks Onfido’s sixth ridesharing partnership.
Continuity to provide compliance tech for Affinity FCU
New Jersey-based credit union wants less guess work.
eBay sellers to get access to Square Capital
Sellers in the US could get access to funding up to the value of $100,000.
Saudi Arabia going mada with NFC mobile payments by Visa
In an effort to digitise the country by 2030.
Jabbar unveils digital exchange Kambio Ventures
A blockchain-enabled marketplace for tokenised asset-backed securities.
FinLeap makes it nice and Beesy with Italian venture
Fintech company builder founds first firm in Italy.
eBook: Tackling data for regulatory compliance in banking
Three ways to rethink data management to comply faster and smarter.
Digital Asset takes Google Cloud to blockchain
Google developers get access to tools and services for DLT dreams.
Investors in fintech provider FNZ plan £2bn sale
Duo want to offload stakes in New Zealand-based tech firm.
StockViews fuelled by Fuel Ventures investment
Will invest in artificial intelligence technology and grow its team of analysts.
Starling Bank takes on Monzo with daring debit card design
Horizontal cards are so 2017.
Interview: Ching Ching Tan, Ngee Ann Polytechnic
Ngee Ann Polytechnic and CFTE have launched a new “AI in Finance” course.
HSBC boosting cloud capabilities with Google
The expansion will improve big data, analytics and fraud detection.
Atos to acquire digital dynamo Syntel for $3.4bn
Syntel provides cloud, social media, mobile, analytics and IoT solutions.
Welsh KYC firm W2 Global Data raises £1.25m funding
Company also provides AML and fraud prevention solutions.
Gusto and Xero partner for payroll playtime
To enable Xero to provide full-service payroll in all 50 US states.
Socure unveils digital identity bot Aida
Named after the world’s first computer scientist, Ada Lovelace.
Flinks finds a fintech friend in ASAPP Online Solutions
Canadian start-ups team up for account and lending origination.
US personal finance app Even gets $40m funding
Second round of financing led by Khosla Ventures.
State Street to buy Charles River Systems for $2.6bn
Will acquire US investment management front office solutions provider.
