UK’s Yorkshire Building Society goes live with nCino for lending ops
US vendor nCino gets second client in the UK.
LendTech
Kapow! Kofax to power Spotcap’s credit assessment algorithm
SME financing provider Spotcap has implemented Kofax’s Kapow robotic process automation (RPA) software.
Leumi ABL selects Encompass for KYC compliance
Asset-based lending subsidiary of Bank Leumi (UK) looks for improvements.
R3 powers Credit Suisse and ING live securities lending transaction debut
First live transaction using HQLAx’s securities lending app on R3’s Corda blockchain platform.
Banking Technology March 2018 issue out now
Fintech with flourish. Nourish your brain.
Airfox targets Brazil’s unbanked with Android app launch
Start-up’s platform is built on blockchain and it plans to offer microloans.
FCA orders Vanquis to repay customers £168m for price disclosure fails
Also hit with fine of £1.97m for not disclosing full price of an add-on product.
ID Finance brings behavioural biometrics to fraud fight
Barcelona-based firm incorporating biometrics into its AI-based fraud scoring engine.
Is it a bird? Is it a plane? No, it’s EasyMoney
EasyJet is getting into the fintech business with the launch a new financial savings and lending platform.
Al Jazeera Finance live with new core banking system, Ethix from ITS
Path Solutions’ iMAL out, ITS’s Ethix core banking system in, at Al Jazeera Finance in Qatar.
US Bank and AutoGravity team to “revolutionise” digital car buying
Giving those looking for auto financing a straightforward process and a loan decision within minutes.
Fintech funding round-up: 21 February 2018
Stars Anyfin, CivilisedBank, Greenlight Financial Technology, Even Financial and Wealthsimple.
Neobank Xinja readies for launch with Australian credit licence
Plans for its mobile-only bank in Australia are edging forward.
Fintech funding round-up: 20 February 2018
Features SETL, AND Global, LendMN and Augmentum Fintech.
Fintech funding round-up: 19 February 2018
Features Lydia, Qara and Aye Finance.
Credit Kudos loans its glory to Lending Works
Customers can use Credit Kudos to populate forms, verify income and prove their creditworthiness.
Lendtech Roostify lands $25m to disrupt mortgage industry
Roostify’s Series B funding round comes from new and existing investors.
Amazon teams with Bank of America for lendtech leap
Looking to expand its lendtech programme for small businesses that sell on Amazon’s websites.
Fintech start-ups acquired by banks – CB Insights
2017 saw more acquisitions by top US banks than any other year.
Distribution Finance Capital seeks UK banking licence
DFC is focused on providing additional working capital to product manufacturers, distributors and dealer networks.
Vietcombank in lendtech revamp with ACP
Axe Finance’s Axe Credit Portal to modernise wholesale lending tech at Vietcombank (VCB).
Fintech funding round-up: 12 February 2018
Featuring YapStone, Stash, Moneyfellows and Lendingkart.
Warburg Pincus buys majority stake in Fiserv lending business for $395m
Warburg Pincus is busy again with the acquisition of a 55% share.
NAB is a Good Shepherd for Microfinance
Speckle is launched in Australia – a new service offering small loans under $2,000.
Where top US banks are betting on fintech – CB Insights
Research company CB Insights has mapped out where the top ten US banks are investing in fintech.
Top fintech stories this week – 02 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
AHML and Tinkoff Bank to unleash digital mortgages in Russia
Agency for Housing Mortgage Lending buddies up with bank for joint venture.
SoFi reportedly cutting 65 jobs from mortgage division
The Wall Street Journal reports the firm is looking to make its mortgage process more automated.
Bitbond and 1741 Fund Management launch alternative investment fund
Institutional investors will have access to SME loans originated through Bitbond’s lending platform.
Salesforce invests in nCino
Cloud-based banking tech vendor nCino has reeled in investment from Salesforce Ventures.
UK SME lender Ezbob raises $21m from Russian PE firm
Investment from Moscow-based firm Da Vinci Capital Management.
Challenger bank Fiinu to put people before profit
Digital bank Fiinu plans to launch in early 2019.
BlueVine boosts invoice factoring credit line to $5m
Small business lender doubles the size of its invoice factoring solution.
Kabbage expands line of credit
US alternative lending start-up now offering up to $250,000.
BNI Europa makes €50m Funding Circle in Germany
BNI Europa reckons investment will provide access to finance for around 600 companies.
LenddoEFL psychometric scoring solution launches in Vietnam
Entrepreneurial Finance Lab has furthered its reach across Asia.
StreetShares brings in $23m in equity funding
StreetShares has landed $23 million in equity funding, bringing total investment to $43 million.
Trussle rustles up mortgage monitoring service
Monitors over 11,000 mortgage deals from more than 90 lenders across the market.
Roostify integrates with LendingTree
Consumers can find a loan while Roostify keeps the mortgage origination process online.
LendingPoint adds POS financing with LoanHero buyout
US deal means it can extend its financial software and services to consumers making a major purchase.
