WhatsApp Pay coming to India later this year
It will need to comply with all of the regulations ahead of its launch.
News
Digital US equities investment product launches in India
DriveWealth has partnered with Vested Finance.
Wematch unveils Euro IRS platform with 10 banks onboard
JP Morgan, RBC, HSBC and Societe Generale are among the initial banks.
Synechron launches new Libor impact analysis software
Its Accelerator uses data science to address the industry benchmarking challenge.
SquareBook wins FCA approval to offer IPO services
The company hopes to tackle conflicts of interest in the IPO process.
Thailand grants Huobi digital asset trading licence
The company is the fifth to be granted a licence in the country.
Moody’s acquires fintech RiskFirst
The acquisition will boost Moody’s Analytics’ offering.
Mbanq backs Arival Bank by acquiring shares
Arival also has its sights set on a Series A round of $10 million later this year
New Zealand bank TSB goes live with Temenos Infinity Digital Onboarding
Included in the short implementation period was an API-based connectivity
Swell announces closure
The investment platform did not reach the required scale to survive.
Banking Technology Awards 2019 are open for entries
The Early Bird 10% discount deadline is 31 July 219, the awards close for entries on 31 August 2019
Revolut unveils free business accounts
Business plans can be upgraded or downgraded at any time.
Nationwide and ClearBank partner for new business account
The partnership will provide access to real-time payments.
Open Up Challenge 2020 launches £1.5m prize fund
Fintech innovators are encouraged to develop money management tools.
Volt bank chooses FIS for mobile and card payments services
FIS will provide it with processing services for Volt’s credit card and mobile payments.
FIs choose Cloudera for digital transformation
Cloudera enables digital transformation for global financial services institutions.
AcadiaSoft announces technology partnership with CloudMargin
The firms collaborate to provide an industry solution for uncleared margin rules.
EY inks agreement with Open Banking Nigeria
It will extend services to individuals and businesses across Nigeria.
Hokodo awarded €2m by Horizon 2020
Only around 7.5% of the SMEs who enter are successful.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
Omni chooses TruNarrative to combat financial crime
The POS consumer credit company was seeking a future-proof solution.
Robinhood raises $323 million in Series E funding
The new round of funding values the company at $7.6 billion.
Konsentus partners with Carta Worldwide for PSD2 compliance
The firm offers real-time TPP identity and regulatory checking services.
Busey selects Jack Henry to support growth
The SilverLake System is believed to be replacing CSI’s NuPoint.
First JCB card issued in India with NPCI partnership
The new card is designed to serve outbound Indian travellers.
New challenger revverbank picks Fusion for core banking capabilities
The proposition will be underpinned by Microsoft’s Azure platform.
MoneyLion roars with $160m funding
The company will have raised over $200 million in equity financing.
Mastercard and Nationwide announce new partnership
Building society prepares to launch new business banking service.
Moors and Cabot selects RBC as new clearing partner
This will enhance the firm’s back-office capabilities.
Zeta eyes global expansion with Series C investment
The investment came from Sodexo at a valuation of $300 million.
Morgan Stanley and Box launch document sharing portal
The platform promotes communication between financial advisors and clients.
UnionBank pilots blockchain-based cross-border remittance
It’s the first Philippine bank to successfully remit to Singapore.
NIBC deploys Torstone’s Inferno for post-trade operations
The implementation of the project began in January 2019.
Blockchain ID management firm Trusted Key bought by Workday
Trusted Key will bring its blockchain-based, digital identity management technology to Workday.
Lendtech nCino acquires Visible Equity
The two companies will continue to market their solutions separately.
Ideanomics unveils plans for fintech village
It’ll be based in Connecticut with a focus on AI, robotics, finserv and more.
Capital on Tap partners with Marqeta
It has provided nearly £1 billion in funding to more than 60,000 small businesses in the UK.
Atom Bank raises £50m
Neil Woodford’s fund has announced its first major investment since the shuttering of its flagship vehicle last month.
TSB launches selfie account opening
The bank partnered with Jumio to develop the account opening technology.
Equifax to pay up to $700m to settle data breach
The records of at least 147 million people were exposed in the incident.
