Avaloq takes 10% stake in blockchain firm Metaco
Core banking software vendor Avaloq muscles into blockchain space.
FinTech
Revolut lands $250m funding
One of the fastest tech companies in Europe to reach unicorn status: now valued at $1.7bn.
Expensify and Wells Fargo team for deeper bank integration
Wells Fargo will pilot Expensify’s deeper bank integration programme.
Deserve raises $50m in debt financing
Deserve secures a $50 million debt facility from Keystone National Group.
Follow the yellow brick road: digital transformation for cowardly lions
By the time we get to the emerald city, the biggest change will have been on us: our people, not our infrastructure.
Appian World 2018: Miami nice for drag and drop
A look at the low-code application provider’s event in Miami.
Credit rating processes could get better with blockchain tech
More disruptions for the credit rating industry are yet to come.
RBS to launch “beta” of new digital bank in Q3
RBS is building a new digital-only bank.
Unison sees 1,000% year-on-year growth in originations
Also launched in ten additional states across the US.
Five companies that are creating their own cryptocurrencies
More companies are getting involved and capitalising on the cryptocurrency movement.
Arvato Financial Solutions invests $8m in SecuredTouch
Bringing the company’s total funding to $11.5 million.
Appian unleashes contact centre platform for financial services
An “orchestration of the human and robotic elements of service”.
Appian and KPMG expand AI alliance
All in the name of the “intelligent automation” game.
CFTE launches AI in Finance online course
Giving financial professionals a good grasp of the emerging tech shaping the industry’s future.
HR, the secret weapon of banking
HR is not a support function but a driving force!
Infographic: intersection of AI and blockchain
The convergence of artificial intelligence and blockchain.
HooYu brings KYC tech to gold-as-currency enabler Glint
The appeal of gold as an investment remains strong.
2018: the year of data, data, data
Three “mega-trends” pointing the way to the future needs of clients and the changes banks must undertake to remain relevant.
UAE and China to create new “Belt and Road” exchange
It will serve as a key international capital-raising platform for Chinese firms.
Nubank turns to Acesso Digital for facial biometrics tech
Brazilian fintech Nubank leverages facial biometrics to help combat credit card fraud.
FNB to launch m-wallet for South Africa’s underbanked
FNB estimates the size of the market for its m-wallet service at over 11 million people.
DFS Lab and Gates Foundation invest in four African fintech start-ups
Four start-ups received $200,000 funding from DFS Lab, supported by Bill and Melinda Gates Foundation.
Centra Tech founders arrested and charged with fraud
Three out of the four charges carry a maximum sentence of 20 years.
TransUnion to acquire Callcredit for $1.4bn
TransUnion to buy UK’s second-largest consumer credit bureau, Callcredit.
Swedbank invests €3m in banking tech vendor Meniga
Swedbank is also Meniga’s client.
Wells Fargo whacked with $1bn fine for lending violations
For US auto-loan administration and mortgage practices.
Ireland’s central bank to launch fintech innovation hub
News uncorked in a speech in Cork.
Sella Open Fintech Platform to buy Vipera for $34m
Mobile financial services company Vipera to be acquired by Sella Open Fintech Platform (SOFP).
Yukka Lab launches market sentiment analysis solution, News & Trend Lab
An organised and efficient way to view and manage financial news in real-time.
Digital Asset seeks DLT domination with developer programme
DAML not in distress, just seeks the best.
Infographic: unlocking the potential of chatbots
Showing how chatbots can improve user experience in e-commerce.
Top fintech stories this week – 20 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Savedroid ICO scam joke backfires
Few sensed the sense of humour.
Equinix acquires Australian data centre provider Metronode
Provides a presence in four new cities Down Under.
First pilot client transactions executed on Batavia trade finance platform
IBM and big banks’ blockchain initiative makes progress.
Tink unveils API developer platform
Swedish fintech Tink has introduced its API developer platform.
Qapital lands $30m funding
The latest round brings Qapital’s total funding to $47.3 million.
Regulatory sandboxes in LatAm and Caribbean – Inter-American Development Bank report
Available in English and Spanish.
The mythology of emergent tech: confusing reality with preference
Banking is a tech business.
Podcast: Women in Fintech
CoBa’s Chiara Ronga interviews FinTech Futures’ editor-in-chief Tanya Andreasyan.
