RBC boss predicts CA$3.2bn tech spend in 2018
There is a focus on reducing operational costs through tech investment.
FinTech
Risk Ident keeps watch for fraud over Universum
Universum’s device fingerprint tech will up its security.
Danske is Catalyst for new Belfast fintech hub
New co-working space specifically for start-ups in Northern Ireland.
Dorsum unveils new wealth management app with AI support
Gamification and education features help users learn about their investments.
ING and AXA to build digital insurance platform
Offering insurance solutions to ING customers in six markets.
AI Summit 2018: robots are a people’s problem
So far, robots still need us.
MoneyConf 2018: spotlighting Ireland’s fintech factory
Dublin demonstrates its credentials as a world-leading centre for fintech and financial services.
Fintech funding round-up: 15 June 2018
USA! USA! Features Strangeworks, Eventador.io, SeriesX, Unchained Capital and ALTR.
White paper: Cloud-based credit origination solutions are not all the same
Download your free white paper now!
Top fintech stories this week – 15 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Infographic: World Cup e-commerce – who will be victorious?
PPRO Group has created a handy (and footy) infographic.
AI Summit 2018: no efficiency without data
The quality of data was one of the overarching topics at the London event.
Squaring the circle: just because everyone is doing it doesn’t mean it will work
There is comfort in keeping with the pack, but it may be time to go your own way.
London is the fintech crown jewel, says Wells Fargo
London is where it’s at, according to Bipin Sahni, head of innovation.
UK tech gets £2.5bn injection
Government hopes British Patient Capital programme will be right medicine.
Tech Nation seeks UK fintech start-up sensations
Applications will stay open until 27 July. Happy hunting!
Agorai invests £20m in UK AI market
A vote of confidence in the UK.
Data insights firm Kinetica taps Dell for hardware
Will help clients gather actionable insights from raw data.
GDPR: three things most businesses haven’t thought about – but should
It’s crucial for organisations to look at this fundamental regulation in a holistic manner.
R3 hits back at financial woe story
Company calls them “malicious rumours”.
NatWest trials cardless payments for swift shopping
No need to use debit or credit cards.
Enterprise Ireland launches €750,000 fund for fintech start-ups
Applications will open on 19 June.
Apple restricts crypto mining on iOS
Cloud-based mining apps are, in theory, still allowed.
German banking software provider NDGIT raises $4.7m in funding
The funding round was led by Capnamic Ventures.
Brazil dances to victory in Danske’s World Cup model
Bank uses its football World Cup model to predict the outcome.
Luge Capital goes huge with $75m fintech funding
Canadian VC fund looking at fintech, financial services and AI.
South Korean crypto exchange Coinrail derailed in hack
30% of the coins have been lost and Bitcoin’s value drops.
Copenhagen Fintech and CARE call for start-ups
Looking for ideas in providing loans and cash for the unbanked.
UK challenger bank Project Imagine preps for launch
A new digital contender with its eyes set on wealth management.
Kakao Bank’s chatbot will answer up to 80% of requests
Kakao Bank’s new chatbot hopes to address the increasing customer demands.
South African Ethereum test proves efficiency of blockchain-based payments for banks
A blockchain-based payments system tested last week outdid traditional payment networks.
Alternative investor DarcMatter and crypto fund #Hashed team up
Alternative investment platform DarcMatter teams with South Korea’s crypto fund #Hashed.
Regulatory divergence post-Brexit: a significant concern for fintechs?
Whatever happens in the coming year, there is a wealth of opportunities for fintechs to pursue.
Micro-lending case study: Mynt
Philippines’ largest telco moves into micro-lending space.
Goldman Sachs kicks off Immersive Lab’s cyber training programme
Immersive Labs aims to help companies train their staff in cyber skills.
SuperCharger’s latest programme raises $14.4m and inks 47 deals
SuperCharger accelerator results in 47 deals after 12 weeks, and a lot of funding.
Ant Financial lands $14bn investment for Alipay’s global march
Both domestic and international investors are participating in the investment round.
London stock market freezes for an hour due to technical issue
The issues were only temporary, but delayed trading for an hour.
US Department of Homeland Security awards contract to iProov
iProov’s tech to support border security for the US Customs and Border Protection (CBP).
Debt restructuring company Lendstreet receives $7m funding
Lendstreet just closed a $7m investment round to fix Americans’ debt.
