Volkswagen Bank chooses OneSpan for cybersecurity
Volkswagen will use OneSpan’s mobile application security.
News
Standard Chartered chooses Traydstream AI solution
Traydstream begins with the global trade export market in Singapore.
B-North chooses Mambu and nCino for core technology
B-North is still awaiting a licence from the FCA.
Phoebus Software lands five-year deal with Equifinance
The lender wants a best-of-breed to grow.
CaixaBank slashes risk analysis time with quantum computing
It’s the first Spanish bank to incorporate the tech into its R&D.
Tally picks TruNarrative for onboarding and ID verification
The solution will help Tally’s compliance to industry requirements.
TSB and Square partner to boost payments for SMEs
TSB business banking customers will be sent a free Square Reader.
Trustly serves Alibaba’s European customers via Ingenico
Alibaba serves ten million buyers.
Australian share trading start-up to launch in UK
Stake has been granted a licence by the FCA.
Ethical investment platform Yielder completes Series A funding round
Yielders has set its sights on securing licenses in Pan-Asia and the GCC.
EQT will raise at least €500m in IPO
EQT is the world’s seventh largest private equity fund.
Neobank Arival surpasses crowdfund target
The three-year-old bank has raised £1,214,136 so far.
Fintech start-up Byhiras chosen for UK pension solution
The solution will be used by all UK LGPS pension funds by Q1 2020.
Banking Technology Awards 2019: entry deadline extended
Breathe a sigh of relief. You’ve got two more weeks to enter the awards.
Baton raises $12m for blockchain-inspired b2b solution
Baton allows banks to avoid overhauling their existing systems.
Danske reported to police over investment mis-selling
The Danish regulator says Danske broke investor protection rules.
Credit Sesame raises $43m ahead of IPO
The firm is on course for a $1 billion valuation.
Chairmans Financial rescues Ipagoo from administration
Chairmans plans to buy 100% of Ipagoo and some assets from its parent software company.
PNC launches fintech start-up inside the bank
The first development has been indi, a mobile phone-based bank account for gig workers.
NorthOne joins forces with Radius Bank for small business mobile banking
Development partner, Treasury Prime, designed that API technology to streamline account opening.
Zip acquires PartPay for $50m
The Aussie credit card company has also purchased an equity interest in QuadPay.
Top fintech stories this week – 30 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
DSK Bank fined for data breach affecting over 33,000 clients
The breach exposed full names, addresses, copies of ID cards, bank account numbers and property deed data.
Banking Technology Awards 2019: last working day to submit your entries!
No time to waste! Apply for this year’s Banking Technology Awards before it’s too late.
White paper: Digitalisation, automation, coverage, timeliness and reliability
Challenges regarding the automatic exchange of information (AEOI) regarding tax matters summarised.
EWPN and EPA collaborate on boosting equality in the finserv industry
EPA’s report shows 57% of those surveyed have personally experienced gender discrimination.
Fujitsu collaborates with Commerzbank on securitisation project
“No longer any need to wait for commercial viability of true quantum computers.”
CardX raises $2m in debt financing
The fintech helps businesses avoid credit card transaction fees.
PPI-type scandals could return warns banking regulator
“When things get desperate, banks tend to take more risk.”
Kaszek Ventures raises $600m in two funds
Kaszek Ventures raises $600m in two funds
Singapore opens applications for new digital bank licences
Applicants must be committed to Singapore’s future.
Fintech platform Bond raises $10m seed funding
The company will spend the funds on growth and product development.
Challenger investment firm founder launches legal action against UK PM Boris Johnson
SCM Direct founding partner, Gina Miller, takes the Brexit battle to court once again.
Link reveals plan to protect free ATMs
The pilot scheme starts with the Scottish town of Durness.
Insurtech start-up Kin raises $47 million
The company will launch a home insurance carrier in Florida.
Raisin completes takeover of MHB-Bank
It is the first fintech in Germany to buy a bank.
Temenos acquires Kony for $559m
The transaction is due to be completed by early Q4 2019.
Tech Mahindra and Adjoint collaborate on blockchain finserv and insurance solution
This will be the firms first treasury and insurance blockchain solution offering.
Equity Group reviews its fintech unit as executives quit
The Kenyan bank is considering running Finserve Africa as a division.
R3 partners with Wethaq to digitise Islamic capital markets
The platform will make Sukuk more accessible.
