Network International’s LSE float attracts £300m Mastercard investment
Partnership aims to penetrate MEA region.
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SDS further expanding compliance solutions business in Benelux
Jump-starting SDS’s compliance solutions business in Benelux with a new deal.
Credijusto closes $100m credit facility with Goldman Sachs
The Mexican lendtech provides SMEs with credit.
SamePage gains first go-live at Green Deal Finance Company
The loan origination system aims to take the lending platform fully digital.
ING and Bank of Beijing create digital bank in China
Through an investment of $447 million.
Airwallex becomes payments unicorn with $100m funding
The low-cost payment provider is now expanding to the UK and Europe.
VC financing enables MeaWallet management buyout
Thanks to a “substantial capital injection” from Idekapital
ClauseMatch expands to Asia with Singapore office
It already serves clients with Singapore presence.
Amount to power TD Bank’s digital lending platform
The first in a series of collaborative initiatives.
Apple announces digital credit card
To launch in summer, supported by Goldman Sachs.
eToro buys blockchain company Firmo
This is eToro’s first acquisition.
New York Fed launches fintech advisory group
To help the bank assess potential market impact.
Video: fintech news weekly round-up – 25 March 2019
FIS acquires Worldpay, PSD2, Tandem, and other news!
Nelito gains Myanmar microfinance win
Alliance for Microfinance in Myanmar has taken Nelito’s FinCraft core system plus the mobile and lending tech.
One Finance gets bigger with Amplify acquisition
The details of the deal remain undisclosed.
Objectway unveils new chatbot for wealth management
AI offers a new service model for the financial sector.
DNB taps on the Nordic API Gateway for account aggregation
The app will allow customers to manage all accounts.
Natwest business customers at risk due to security software
The bug is now fixed.
Honeybook raises $28m to help freelancers
An app targeting freelancers and solo entrepeneurs.
Pakistan’s first microfinance bank moves over to Temenos T24
Originally selected in early 2017.
White paper: How artificial intelligence can improve the bottom line in FS
What challenges is the financial sector facing and how can firms thrive in an increasingly competitive landscape?
Streamdata.io acquired by Axway
The France-based start-up sold for an undisclosed amount.
Project BankNorth partners with nCino ahead of 2020 launch
The bank will use nCino’s Bank Operating System for customer experience.
Capdesk raises £1.5m to aid in employee share plans
As firms compensate staff with the own firm’s shares, liquidity is not as easy as it seems.
Russian lawmakers give green light to alternative Swift system
Russia has discussed joint use of the system with China, India, Iran and Turkey.
UBS bank fined £28m by FCA for misreporting transactions
This comes on the back of a series of penalties in the past few months.
Network International to float on London Stock Exchange
The IPO will make at least 25% of its issued share capital on the LSE.
Sova Capital picks Iress for wealth management middle-office
Iress will also provide post-trade processing services.
Envestnet | Yodlee to acquire PIEtech for $500m
This would be the tenth acquisition for the Chicago-based company.
SIA sets out three-year strategic plan for Europe expansion
2018’s net-profits were €79.5 million, down 0.7% from 2017.
Bank of the West shifts to hosted for Systematics core
The bank is a long-standing user of the mainframe-based core system.
Top fintech stories this week – 22 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking industry thwarted £1.66bn of fraud in 2018
But £1.2bn was stolen during the same period.
Wolters Kluwer gets new credit union win in Florida
Grow Financial Credit Union is implementing lending and compliance solutions in 26 branches.
Six Spanish banks sign up for gpi cross-border payments
Adoption of gpi has seen a year-on-year increase of 270%.
New cash flow platform Avrium hits the UK market
Aiming to help SMEs mitigate cash flow risk.
Prepaid Technologies acquires Dash purchasing card portfolio
The deal more than doubles the firm’s expense management business.
Instarem partners with First Data to enable card issuance
It will begin with corporates and fintechs in Singapore.
Pay.UK eases access to payment schemes for PSPs
With the introduction of the second phase of a new access model.
