Australian challenger 86 400 partners with Vow Financial for home loans
As it seeks the regulator’s licence to deliver its own home loans.
News
PayU acquires Wibmo for Indian mobile payments fun
It also has other high growth markets in sight.
TCF 2019: Temenos locks and loads digital banking offerings
“Making banking better” was the overarching message of Temenos Community Forum 2019.
Banking Technology April 2019 issue out now
Fintech spring is here, bringing the world colour.
White paper: FICO for fintech – Fraud and Compliance
Improve CX by building an agile defence ecosystem against financial crime.
Coinbase launches crypto Visa debit card in the UK
A European version will follow later this year.
ClearScore partners with Raisin UK to offer savings accounts
App now provides access to online savings marketplace.
New funding values personal finance app Fintonic at €160m
Follows €19m investment round led by ING Ventures.
Top fintech stories this week – 12 March 2019
Teradata’s event coverage, Sopra Steria acquired SAB, and other news.
Swift takes step towards ESMIG Network Service Provider status
Swift seeks to be selected as a provider for the Eurosystem Single Market Infrastructure Gateway (ESMIG).
Teradata Universe Madrid 2019: Teradata agrees that less is more
“Don’t invest in analytics!”, and in my mind, the crowd cheered.
Sopra Steria acquires France-based core system vendor SAB
SAB’s SAB AT will be added to the acquisitive French company’s existing range of acquired core offerings.
Bnext launches travel insurance
The Spanish challenger is already expanding its product portfolio.
PixelPin replaces password to log in with new £1.5m funding
The round was led by SBI Investment.
Nasdaq announces purchase of shares in Oslo Stock Exchange
Board unanimously recommended Nasdaq’s offer
Upgrade Pack flying high as crowdfunding exceeds £500K target
Discount site celebrates first year with £12.75m pre-money valuation.
Finicity Partners accelerates Pulte Mortgage’s asset verification
Reducing the time-consuming, manual, and paper-intensive process “from weeks to minutes”.
New funding set to make Monzo second-largest UK fintech start-up
£1.9bn valuation will see the challenger bank leapfrog rival Revolut.
Standard Chartered fined $1.1bn for bad AML and sanctions breach
Both US and UK regulators have imposed large penalties.
Nordic Capital acquires digital identity firm Signicat
The financial details for the Norwegian security firm have not been disclosed.
2gether’s prepaid crypto Visa card launches across eurozone
Follows successful beta launch in Spain.
Integral delivers mobile trading app for Arab Bank in Switzerland
Integral’s solutions are used by banks, brokers and asset managers in the foreign exchange market.
Forward Financing to build on growth with $90m credit facility
Deal is described as “transformative” for the company.
EvoNexus launches incubator backed by RBC and Franklin Templeton
It will launch in May 2019 in San Diego.
Human Plus releases crypto payment ecosystem HupayX
Standing up to big players like Mastercard and Visa.
New petition calls out big banks for stifling competition
The petition was started by the director of data analytics firm LendingMetrics.
PayTech Awards 2019: meet the judges!
Deadline to enter the Awards is Friday, 12 April!
NIIT Technologies to acquire Whishworks
Specific terms of the deal have not been disclosed.
Standard Chartered gets its head in the open banking game
This means the launch of three initiatives to incentivise partnerships and innovation.
Kabbage pulls in $700 million in debt funding
It claims to be the largest asset-backed securitization by a small business online lending platform to date.
PFS bags Irish licence for Brexit contingency plan
This follows the acquisition of Barclays’ prepaid business.
Brewin Dolphin upgrades digital capabilities with Avaloq tech
The wealth manager says it has £34.9 billion under management.
Emma integrates Chip savings in money management app
Emma just wants to chip in.
Neos pairs with US insurer to offer customers smart home tech
American Family Insurance thinks smart home technology will reduce claims.
Torstone Tech grows with Percentile acquisition
Percentile’s risk solution will be integrated into Torstone’s offering.
Upstart raises $50m investment and lands new bank contracts
AI lending platform wants to expand its applications.
SocGen’s trading woes amount to 1,600 staff cuts
CEO has left and trading is in a slump.
Banco BASE chooses Volante to deliver modern payments platform
Serving corporations and medium-sized businesses in Mexico.
Varo Money gets NICE AML tech
AML and KYC for all mobile needs.
Video: fintech news weekly round-up – 8 April 2019
Africa Fintech association, City watchdog’s orders, and a new blockchain alliance!
