Standard Chartered and SAP Ariba partner to serve APAC
Collaboration aims to accelerate digitisation of the entire supply chain.
News
David Chaum announces quantum-resistant digital currency
Praxxis emerged from a stealth project in the Cayman Islands.
Acorns enlists more celebrity help to boost growth
J.Lo and Alex Rodriguez are among the investors.
BMLL Technologies launches Derived Data Service
The service offers “unparalleled visibility” into the market.
Identitii secures second licence with HSBC
Identitii will provide the bank with its Overlay+ platform.
Barclays launches accessory shop for Pingit customers
Wearable payments devices include watches, jewellery, wristbands and key fobs.
Fintech start-ups showcased at Y Combinator Demo Day
Concepts ranged from crypto fraud tracing to student finance.
SpotQA launches new product and secures $3.25m funding
The new product tests web and mobile web apps to identify bugs.
Alterna Bank partners with nCino
The agreement marks nCino’s first Canadian credit union customer
SMBC chooses Exiger AI compliance solution
Exiger promises SMBC it will boost its operational efficiency by more than 80%.
Israeli government to fast-track fintech and blockcain licences
Around 2,000 fintech and blockchain companies are currently seeking licences.
Banque Morval and Intesa Sanpaolo unite on Avaloq’s core banking tech
The project took nine months to complete.
Line and Nomura launch online brokerage in Japan
Nomura’s CEO steps away from its “uncool” offering to attract a younger, digital-savvy clientele.
Accenture acquires financial risk advisor Parker Fitzgerald
Accenture responds to the evolving risk landscape in financial services.
Westpac partners with Coupa for e-procurement
The partnership anticipates the government’s digitisation of procurement.
Banco Galicia chooses Strands for mobile banking
Strands technology will become “a tool for financial education”
Welsh Delio secures £3.3m equity round
Delio will expand into Asia, the Middle East and North America.
JCB acceptance expands to UK and Ireland
The Japanese card issuer has partnered with EVO Payments.
Close Brothers picks Deposit Solutions’ Swiss direct B2C channel
Savedo will enable the collection of euro retail deposits from Switzerland.
Japan’s Line Pay integrates China’s WeChat Pay
The global alliance will boost Japan’s revenue from inbound Chinese tourists.
ICE’s Bakkt set to launch bitcoin futures contracts
Bakkt is “cleared to launch” its trading in bitcoin futures next month.
Data Action wins core solution deal with Greater Bank
Greater Bank hopes the new partnership will prepare it for the open banking era.
DSB reveals “significant appetite” for data quality and cybersecurity analysis
The DSB will create the new part-time role of Chief Information Security Officer.
China’s Transsion and Wapi Capital start African fintech fund
Transsion will provide equity-based investments of up to $100,000.
CAIS announces new insurance product with Schechter
CAIS connects financial advisors with alternative investments.
Video: fintech news weekly round-up – 16 August 2019
Some of this week’s news, in video format!
Top fintech stories this week – 16 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Mintos reaches €3bn loans milestone
The start-up hit €2 billion just four months ago.
Curve launches first crowdfunding campaign
Investment opportunities will start from £10.
Technical glitch delays trading at LSE
The glitch caused LSE’s worst outage for eight years.
Barclays ends landmark crypto partnership with Coinbase
Coinbase no longer has access to the UK FPS.
Investment group Octopus acquire “indispensable” Seccl Technology
Seccl wants to help smaller firms “get a shoe in” with big providers.
Credit Karma accused of “roulette” security breach on Reddit
Every time customers refreshed they saw someone else’s data.
US neobank Zenus gets licence
Zenus will allow anyone in the world to open an account.
Monzo offers new short-term loans
Loans will be loans between £200 and £15,000.
Finastra wins core cloud deal with neobank, Gravity
Gravity is still seeking authorisation to serve SMEs.
ECB discovers data breach in bank newsletter
It is the second time in five years.
Lending platform SellersFunding expands to UK and Canada
The platform offers pre-approved funding for online sellers.
Thomson Reuters launches global regtech competition
The contest seeks legal, tax and regulatory solutions.
N26 sets sights on future IPO
“Our goal is to do for finance what Spotify did for music.”
