Onfido enjoys extended stay at 2nd Address
Identity verification for the US rentals market.
News
Top fintech stories this week – 22 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Ping An pushes into Indonesia’s fintech space
Its subsidiary OneConnect plans to offer AI, blockchain and biometrics.
US analytics platform Stratifyd gets $4m funding kick from Arsenal
Follows on from a $25 million Series B announced last fall/autumn.
Apple and Goldman Sachs to unleash iPhone/card combo
Credit cards will be rolled out to employees for testing in next few weeks.
Kenya keen on regulatory fintech sandbox
Capital Markets Authority outlines its plans for innovation.
StanChart braces for $900m fines over US and UK banking issues
Bank sets aside money for potential penalties over FX and crime controls.
Moneytrans building European neobank for migrants
The money transfer company is looking for developers in Spain.
FCA shows iron fist for anti-competition in asset management
Three firms have been declared in breach of the UK authority’s regulation.
Nigerian paytech OyaPay is no more
“Our grand experiment is at an end after 365 days.”
Allianz X boosts fund size to €1bn for insurtech action
Looking for digital firms in insurance and asset management space.
Capitalise captures £3.5m funding
UK firm helps accountants provide advice for their clients.
Temenos snaps up India’s hTrunk for greater big data
Vendor expects to see integrations into T24 Transact and Infinity.
Nassau Re Imagine-s insurtech accelerator in US
Nassau Re/Imagine designed to develop the insurance industry in Connecticut.
Israel’s Jerusalem Venture Partners closes $220m tech fund
JVP shows interest in cybersecurity, fintech and insurtech.
Barclaycard says rock me Amadeus for travel payments
Amadeus’ customers will get access to virtual cards solution, Precisionpay.
Bill.com bans wire transfer fees for small businesses
Here’s a ban that businesses can really get behind.
Intel outfit ThousandEyes looking at $50m funding
Series D round includes GV, formerly called Google Ventures.
SIA wins Payments Canada’s tech revamp contract
Canada powers on with its new high-value payments system, Lynx.
Hong Kong Exchange buys into Shenzhen fintech
HKEX looking to boost its financial markets tech capabilities.
TerraPay takes cross-border payments to Sri Lanka
In partnership with Pan Asia Bank.
PSD2 goes live in Netherlands
The Dutch Central Bank is welcoming applications to use this regulation.
Japan’s fintech boosted by nonbank money transfers
The Financial Services Agency will grant licences for a more competitive nation.
Wirecard brings Chinese payments to Austria
Alipay and the like will be offered at 150 businesses in the beginning.
Kazakhstan’s Halyk Bank gets Fiserv cash management tech
Meeting the needs of a cash society in Central Asia.
White paper: Third-party cyber risk
Your weakest link.
SmartStream teams with Numerix for ISDA collateral management
Automated data management and risk sensitivities to the rescue.
UBS found guilty in France for aiding tax evasion
UPDATE. The bank has said it will appeal the decision.
Falcon Private Bank flies away from UK nest
Bank departs and sells assets of London-based subsidiary to Dolfin Financial.
Data intel firm GBG acquires IDology for $300m
UK firm buys identity verification and fraud prevention specialist for American dream.
Spirited Seoul plans $1bn spend on fintech start-ups
Seoul Innovation Growth Fund seeks to boost sector.
Danish and Estonian regulators under EBA investigation over Danske incident
The bank has also closed its Baltic and Russian operations.
Coinbase acquires blockchain intelligence platform Neutrino
Crypto exchange seeks better analysis of data on public blockchains.
LGT completes Avaloq roll-out across group
Austrian deal means all LGT’s main markets share this core system now.
Data manager Spinr spins into view for fintech SMEs
UK firm offers cloud-based data and API integration platform.
FCA appoints new chair for Financial Services Consumer Panel
Wanda Goldwag will start role from 1 March 2019.
NsKnox raises $15m with Microsoft’s aid
Fighting the fraud fight for payments.
TransferTo is at two with payments nature
Paytech rebrands as two firms – DT One and Thunes.
French health insurtech Alan raises €40m
The firm says it is very close to breaking even.
Blink and you won’t miss its Canada launch for travel insurance
Irish insurtech un-Corks the good news.
