ID verification firm Socure so cool with $30m funding
The Series C round takes the company’s total funding to $57.5 million.
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Banking software provider NDGIT loving licence revenue
PSD2 and open banking era bring smiles to German firm.
Top fintech stories this week – 1 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Cloud Elements on API high with $25m funding
Denver cloud boys – and girls – now have total capital of $46.2 million.
UK Finance wants to bring ethics to banking sector
Good luck getting that to work.
ACI to acquire Speedpay for $750m from Western Union
Deal will bring Speedpay and UP Bill Payment platforms together.
UK banking data reveals eruption of disruption
Last year was arguably not a good one for banking across the nation.
Nigerian fintech TeamApt is apt for $5.5m of funding
To develop digital solutions for Africa.
RFI Global Business Banking Summit 2019: The age of branch banking is over
The time of digital has come.
Tinkoff Bank gets on Russia’s Faster Payments System
It’s one of 12 banks and payment systems taking part in the pilot phase.
Go Figure! US lendtech gets $65m funding
Brings its total funding to $120 million for its second year of operations.
Silvergate Bank selects Finastra for payment processing
US bank wants to expand its infrastructure with an API-enabled platform.
South Africa’s Standard Bank to unleash payments blockchain platform
Plans a cloud-based platform for foreign exchange and settlement in H1 2019.
Edison Partners lights up $62m funding for YieldStreet
US digital wealth management platform gets delicious dollars.
Experian calls off £275m ClearScore acquisition
UK’s Competition and Markets Authority expressed concerns.
Microsoft’s M12 leads SpyCloud’s $21m funding round
Latest round takes Texan firm’s total capital to more than $28 million.
Succeeding with advanced analytics: The accelerator for asset management
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Citi and Kyriba go API for faster payments
SaaS platform brings bank connectivity for treasury ops.
Breathe Life gets $3.5m funding for insurance sparkle
Seed round led by Diagram Ventures with participation from Real Ventures.
Mastercard and Angaza shine for payments in emerging markets
Will offer digital solution that “increases access to affordable necessities”.
Al Rajhi Bank turns to Temenos for digital revamp
Saudi Arabia’s second largest bank plans “complete renovation”.
Challenger bank N26 expands to Brazil
It’s also planning its delayed launch in the US this year.
TymeBank launches with Mambu core system
South African bank finally live and using Software-as-a Service (SaaS) offering.
Insurtech Lime makes for refreshing UK launch time
Start-up offers a “flexible twist” and wants to fill nation’s protection gap.
New Valley Bank & Trust gears up for launch in Massachusetts, selects new lendtech
New Valley Bank & Trust has selected Baker Hill NextGen for its commercial and small business lending operations.
Charity Bank in core banking tech overhaul with Apak Group
Finastra’s legacy Bankmaster core banking system out, Apak’s Aurius in, at Charity Bank.
Santander and LSE instrumental in Nivaura’s $20m funding
UK firm offers platform for the issuance of financial instruments on blockchain.
Research paper: The rise of the instant bank
The study of more than 2,000 UK banking customers.
Zurich North America acquires Sea Pine for auto insurance action
Deal for dealers as insurance firm gets access to vehicle protection products.
Julius Baer enters crypto arena with SEBA stake
Swiss duo plans tech bridge between traditional and digital assets worlds.
Finn AI and IDaaS firm Auth0 offer novel conversational AI
Finn AI looking to help its clients modernise their authentication infrastructures.
ZagTrader and BeQuant show crypto FIX-ation
Duo will offer access to cryptocurrencies using the Financial Information Exchange (FIX) and APIs.
HSBC mixes with NepFin for middle market move in US
American firms via NepFin can now tap into HSBC’s commercial banking services and its network.
Rosbank gauges customer emotion with Neurodata Lab
Every phone call will be analysed – even more.
Bank of Ireland unveils €2bn Brexit fund for SMEs
“Brexit isn’t ‘business as usual’.”
BML Istisharat’s ICBS core system sees success in Lebanon and Morocco
Finance Bank is going live and FNAC has picked the platform.
M&S Bank sparks open banking life into mortgages
Marks & Spencer’s stylish entity teams up with Equifax and AccountScore.
Blossom Capital brings $85m tech fund to Europe
New fund will pay special attention to reviewing female-pitched ideas.
Cyberattack keeps Bank of Valletta off grid
Maltese bank still dealing with cyberattack and theft of €13 million.
Insurtech Axinan plays it cool with igloo app launch
Singapore-based firm targets popular millennial market.
