Floatbot creates chatbot for Andhra Bank
The start-up hopes to set an AI trend for Indian banks.
News
AdviceRobo launches PSD2 robot for credit decisions
The AI-prediction model uses transactional data.
F-Secure Countercept wins €2m deal
The deal enables it to defend a major European enterprise customer.
Kaleyra and Epiphany join forces on open banking
It enables the two to jointly support banks with PSD2 compliance.
Wiserfunding partners with European rating agency modefinance
To launch first credit rating service specific for SMEs.
Nasdaq signs market tech agreement with Iraq Stock Exchange
Electro-trading was introduced for the first time in Iraq via Nasdaq’s platform in April 2009.
Urban FT acquires CFC Technology Group
The pairing aims to tilt the playing field for community-based institutions.
Waddle and RBS pilot partnership
RBS is one of the first banks to offer an automated working capital solution to its customers.
Thomson Reuters acquires HighQ
It enhances their aim of providing more cloud-based software for legal professionals.
China Merchants Bank picks OneSumX for regulatory reporting
The bank claims that Wolters Kluwer offers unrivalled expertise.
Zegami raises £1.25m to advance visual data tech
The platform aims to democratise data as a resource.
Visa acquires POS payment gateway Payworks
The integrated platform will unify the online and in-store payments experience.
Top fintech stories this week – 19 July 2019
PayTech Awards winners announced!
Mambu signs first Brazilian client Acesso
Acesso issues prepaid cards for the underbanked.
Philippines Union Bank chooses Refinitiv for electronic trading
Digital FX for the growing economy.
FNZ acquires wealth management software firm JHC
The combined group will take JHC’s solutions into new territories.
Temenos acquires AI firm Logical Glue
It claims to bring transparency and explainability of AI automated decisions to the banking industry.
Ebury joins forces with Unicaja Banco
Partnership offers global transaction services to the bank’s SME customers.
N26 extends Series D funding to $470m
The company is now valued at $3.5bn
Mastercard chooses Infinicept for start-up programme
The firm created Payment Facilitator in a Box.
Worldpay teams with ACI to power APM acceptance
Offering Alternative Payment Methods can increase merchants’ conversion rates.
Near raises $100m for new platform offering
The investment comes from PE firm, Greater Pacific Capital (GPC).
Payments platform Finix raises $17.5m in Series A round
The round was led by Bain Capital Ventures.
Lloyds Bank picks Optal for smooth B2B payments
The bank’s commercial clients will be able to pay suppliers more easily.
PayTech Awards 2019 winners announced!
Celebrating excellence and innovation in the payments industry and people who make it happen.
Angels Den Funding selects Lemon Way for UK payments
The paytech won the bid following a tough competitive analysis.
Finca Microfinance Bank implements AutoSoft’s AutoBanker
The suite has been rolled across 135 branches.
Flybits lands $35m in Series C round
Investors include Point72 Ventures and Mastercard.
Equistone acquires Moody’s Analytic Knowledge Services
The existing management team will remain in place.
Bonify eyes European expansion with new investment
The fintech has over half a million users.
FNZ acquires German investech Ebase for €154m
Ebase was previously owned by Comdirect Bank
Curve raises $55m in Series B round
The start-up is now among the top five UK consumer fintechs.
SumUp enhances payments for SMEs with €330m funding
Following the acquisitions of Debitoor and Shoplo.
Goldman Sachs invests €25 million in Raisin
The new funding brings the total volume of primary investment to €195 million.
White paper: Are you using the best approach to catch digital identity fraud?
Donwload the Onfido white paper now!
TrueLayer integrates with Revolut to access open banking data
Emma will be the very first integration.
NLP software firm RiskGenius closes Series B round
The company provides NLP processing tools for the insurance industry.
Bsurance to enable Cashpresso’s buyer protection
Ensuring the safety of purchasing by instalments.
Bitt approved for legislation by Barbados regulators
The fintech completed an eight-month Sandbox Framework.
Altonomy closes $7m seed financing round
The firm provides liquidity for crypto assets.
