Debt restructuring company Lendstreet receives $7m funding
Lendstreet just closed a $7m investment round to fix Americans’ debt.
FinTech
Xero launches Connected Accounting, partners with Citibank
Xero unveils the first wave of new features at Xerocon Atlanta.
Envestnet | Yodlee’s AI FinCheck takes financial wellness to a new level
Data aggregation and analytics firm Envestnet | Yodlee bolstering PFM capabilities.
Blockbid teams turns to LexisNexis for AML compliance
Blockbid shoring up its AML safeguards by turning to LexisNexus Risk Solutions’ ThreatMetrix.
From hype to reality: Switzerland has progressed into a major global fintech hub
Study finds Switzerland has “ideal conditions” for the fintech sector to flourish.
Top fintech stories this week – 8 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Isbank’s call centres to be powered by Clinc’s AI
US-based Clinc has also opens its first international office in London.
Mastercard tackles faster payments in the UK, smart watches and open banking
Mastercard reaches out to Starling Bank, NXP, and prepares for open banking.
Money20/20 Europe: how to build a company that behaves
How financial services can be reimagined by an understanding of human behaviour.
Italy’s banks set up their blockchain front line
With the support of R3, NTT and SIA, Italy has made the move onto blockchain.
Which industries are making millionaires in the 21st century?
The speed at which individuals in tech have hit huge figures is astounding.
Virtual assistant Amelia to modernise customer service at BBVA
BBVA is using a virtual assistant for its customer service in Mexico.
Money20/20 Europe: key takeaways
The trends and key issues when the Money20/20 Europe circus rolled into Amsterdam this week.
Money20/20 Europe: GAFA and Grandhood day
Fraud fears, GAFA and other odds and ends from the Amsterdam event.
Knowing when to stop: bringing start-up disciplines to the land of plenty
Maybe it’s time for the ultimate pivot.
India and Singapore sign fintech MoU amidst ongoing joint projects
India and Singapore are making each other eyes when it comes to fintech partnerships.
Money20/20 Europe: stop the crypto tribalism
Welcome to polarised missives and glorified databases at the Amsterdam event.
Low-code development platform OutSystems reels in $360m funding
OutSystems’ valuation has now surpassed $1 billion.
Signicat and Mitek join forces in digital onboarding drive
Signicat and Mitek team up to create a solution for Europe-based financial services providers.
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
Money20/20 Europe: creating safe spaces – platforms and collaboration
The platformication of everything continues and large tech companies must be part of that process.
Santander café branches in Chile include Zytronics biometric touch screens
Is it a bank? Is it a café? It is both!
UniCredit invests €3.1m in Meniga
The biggest personal finance management (PFM) deal in Europe to date.
Free financial advice service Multiply secures £1.75m investment
Multiply is ready to take off spurred by £1.75m investment.
OCBC Bank in Singapore’s first instant account opening
You can now open an account with OCBC in Singapore in less than five minutes online.
Lunar Way picks Humio for data visualisation
Humio will provide log management for fintech Lunar Way.
Cinnober sells majority stake in Irisium to KRM22
KRM22 buys a 60% stake in Irisium, a subsdiary of trading tech firm Cinnober, for £2.6m in cash.
Money 20/20 Europe: putting the AI in certainty
AI’s potential is discussed at the Amsterdam event.
BBVA joins Fintonic’s lending platform
Crossing PFM functionality with a full lending platform.
MassChallenge Fintech accelerator: start-ups wanted
Big corporations increasingly say they see start-ups as friends, not enemies.
Gusto unveils Partner Directory of accountants for SMEs
Gusto launches its own Yelp for accountants.
A new paradigm for regulatory change
Regulatory change is constant in the financial services industry.
Hanseatic Bank signs for collectAI’s B2B2C white label tech
Hanseatic Bank among the first to deploy collectAI’s B2B2C white label solution.
TD launches TD Ready Challenge to open industry to humanitarian initiatives
Canada’s TD bank opens its Ready Challenge to “world-changing” solutions.
ING pushes for open banking with SME financing platform and Yolt expansion
ING is leveraging open banking and making their SME and retail offer more attractive than ever across Europe
BPCE, Natixis and TransferWise team for affordable cross-border remittances
Transferwise enables cross-border remittances for BPCE’s subsidiaries.
BNY Mellon and Deutsche Bank launch co-developed chatbot for traders
BNY Mellon and Deutsche Bank launch chatbot for trading on the HKEX.
Money20/20 Europe keynote: the age of invisible payments (and apology from Visa)
Innovation benefits the entire ecosystem, states Visa Europe’s CEO.
Finovate in 2018: a search for fintech’s frontier
Where is the future of fintech?
The mistakes financial organisations still make when it comes to phishing
How to go about cybersecurity training in the right way.
