Dutch savings bank LeasePlan makes the jump to Ohpen’s cloud tech
We talk with Pieter Aartsen and Angelique Schouten, global board members at Ohpen.
FinTech
Veridium’s $16.5m Series B funding led by Michael Spencer
Other contributors include Citrix Systems and investor Michael Powell.
Assembler Labs aims to get Detroit entrepreneurs out of their shells
Start-ups are not being formed in Detroit at the same rate as other US metropolitan areas.
New Android malware sneaks in “Despacito”
The malware infected phones through a ringtone app.
Russian social media site VK preps payments push
Part of a larger strategy to break into financial services.
Finserv not ready for blockchain yet, McKinsey says
The industry’s complexity makes it harder for blockchain to be implemented.
39 firms complete KYC trial on R3’s Corda blockchain
Four-day collaborative trial and 300 transactions.
Andreessen Horowitz unleashes $300m crypto venture fund
It’s called a16z crypto and seeks to tap into the latest craze.
Bento for Business raises $9m funding
The funding nearly doubles its total capital to $18.5 million.
Nok Nok. Who’s there? OneSpan
Security and esignature company teams with authentication firm.
Social savings firm InSpirAVE offers early access to platform
US firm unveils new look and multi-screen experience.
Trade.io launches crypto-to-crypto exchange
Lugano-based exchange backed by a $50 million liquidity pool.
DefenseStorm goes down a cyber storm at NAFCU
US-based National Association of Federally-Insured Credit Unions makes its choice.
Top fintech stories this week – 29 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Yet, blockchain hasn’t provided business with real benefits. Why?
In reality, most blockchain attempts end up with failure. What’s the problem?
Bank of England warns of cybersecurity risks to UK stability
Domestics risks, other than Brexit, remain low.
Highland Europe looking up with new €463m funding
It brings the tech investor’s assets to over a billion.
Blockchain Summit 2018: the role of banks and how not to get lost in the hype
Banks seek to define their role amidst all the new kids on the block.
Infographic: financial services jobs in UK and Germany
Joblift has compared the UK’s financial sector job market with Germany.
solarisBank bridges the gap with Blockchain Factory
Wants to become a banking partner for cryptocurrency and blockchain industry.
Dashlane removes pain of old and forgotten accounts
Password manager platform launches Inbox Security Scan.
Don’t be that guy: cautionary tales for banking and life
You’ve been warned.
Largest start-up class yet enters UC Berkeley’s accelerator
More than 100 start-up teams begin the programme.
Trezeo seeks funding from the crowd at Seedrs
Business account provider targets 5m people in self-employed sector.
Latin lovers fonYou and Claro reveal AI-driven microfinance
Two telcos in lovely Latin American liaison.
UK’s cyber innovation centre opens
Comes with £14.5m investment.
Merrill Lynch app makes mobile merry work of paperwork
Part of its digital expansion strategy, focused on mobile features.
Mexico preps fintech law for crypto and AI boost
Banking and Trading National Committee says September will see its full release.
Ping Identity acquires Elastic Beam
Identity security solutions provider buys API cybersecurity company.
Five Degrees and BillPro launch European banking service
Five Degrees’ core banking solution Matrix is at the centre.
Fiserv and InComm partner for cash billpay
Customers can pay their bills using cash. Whatever next.
Nationwide seeks start-up action with £50m fund
Mobile activity by customers has prompted the society to invest in the sector.
UK start-up Congo to build e-commerce infrastructure
London-based firm is inspired by WordPress and Magento.
AI is a buzzy word, but how can banks put it to work?
What is AI and how can financial services companies leverage it to their advantage?
Stellar to acquire crypto firm Chain for $500m
Stellar is more interested in the developers rather than its technology.
French savings firm Cashbee preps for flying launch
Offering automated, digital cash deposits and savings.
Bahrain Development Bank unleashes $100m VC fund
Will provide support to Middle East start-ups.
UK government backs GMEX to build new trading exchange in Mauritius
GMEX consortium investment in Mindex project amounts to $35 million.
Eight looking great for fast track blockchain
Project includes Santander, BBVA, BNP Paribas, Commerzbank and Societe Generale.
Monzo taps TransferWise for in-apps international payments
16 foreign currencies available, and more to come.
