IBM strikes $700m deal with Santander for digital drive
Five-year tech agreement includes AI, blockchain and big data plans.
News
CanDeal and six Canadian banks create market data hub
BMO, CIBC, National Bank, RBC, Scotiabank and TD are involved.
First Direct and Bud buddy up for open banking action
Offering third-party products through the bank’s app.
Mastercard taken by Token’s charms for open banking hub
Californian company will power the paytech’s connectivity layer.
Mojo Mortgages gets its mojo working with £7m funding
UK firm’s Series A funding round led by NVM and Maven.
MUFG and Akamai unleash blockchain-based payment network
New joint venture called the Global Open Network.
Stripe leads $40m funding round in paytech Rapyd
Fintech-as-a-Service platform looks for Rapyd success.
Italian interbank DLT project Spunta moves to pre-production
Passing test to solve interbank reconciliation issues in the country.
Visa plans innovation centre in South Korea
Payments firm confirms that preparations are “in the works”.
Socotra gets $5m support for core insurtech platform
With the support of US-based Nationwide and Mitsui Sumitomo.
UK challenger bank Starling secures £75m for European expansion
Series C funding round led by Merian Global Investors
Abu Dhabi Commercial Bank makes a MoneyBuddy
The app is built on Strands’ technology.
Crypto bank Zabo preps for US launch
“Bitcoin in your bank account.”
All change as Temenos gets new CEO
David Arnott will leave to “spend more time with his new family and baby”.
Symantec acquires Luminate Security for cyber cloud defence
Getting prepared for infrastructure managed by Azure, AWS and Google.
Crypto compliance provider Chainalysis collects $30m funding
Series B financing round supported by Accel and Benchmark.
Societe Generale selects HPS for payments power in Africa
Paytech will help bank with processing activities at ten African subsidiaries.
ACI buys paytech assets from RevChip and TranSend
Acquisitions to enhance its in-store payment solutions.
StanChart seeks supply chain finesse with Linklogis
Bank will use firm’s digital blockchain for clients in China.
SumUp acquires Polish e-commerce platform Shoplo
To sum up, the UK payments firm will expand its product suite.
Lunar Way gets €13m funding for Nordic conquest
Danish mobile banking service eyes up another neighbour.
Unicaja Banco loans are in with Fintonic app
The marketplace incorporates the Spanish bank’s lending offer.
UK fintech investment reaches record $3.3bn
Industry body Innovate Finance serves up the stats.
Reliance Realty makes Indian fintech centre a reality
Real estate company plans new hub in Navi Mumbai.
Barclays and Ripple back SendFriend’s $1.7m funding
Philippine paytech finds lots of friends as it readies for US launch.
White paper: The opportunities and data management considerations of hybrid cloud
Why are companies deliberately adopting multiple cloud providers? Let Hortonworks and 451 Research explain
Swiss corporate challenger bank Initium enters fintech arena
Plans to build a multi-jurisdictional corporate banking group.
Video: fintech news weekly round-up – 11 February 2019
Challengers Starling and Revolut, Tink, and the importance of digital assets.
Nasdaq to sell GRC business BWise to SAI Global
Bids farewell to its governance, risk and compliance software platform.
Diamond Bank UK in tech review
Diamond Bank UK ponders the replacement of the Flexcube core banking system from Oracle FSS.
Supplement: FinovateEurope 2019
Read our free FinovateEurope Supplement, packed with fintech goodness!
Solera buys Nordic insurtech in4mo Oy
Texas-based firm plays it cool when it comes to what it paid.
Colombia’s fintech wakes up to open banking
New alliance between Colombia Fintech and Open Vector is a start.
US insurtech Jetty lands $25m funding
New York-based start-up’s Series B round led by Khosla Ventures.
Scotiabank taps Mexican talent for fintech accelerator
Canadian bank teams with Monterrey university for Mexico City action.
Morgan Stanley stocks up with $900m Solium acquisition
Wealthtech move marks its biggest deal since the financial crisis.
Nets pushes into Poland with Przelewy24 and DotPay/eCard acquisition
Nordic firm has acquired 51% stake in the consolidated payments group.
Sensors working overtime as AIStorm raises $13m funding
A storm is coming… a good one for IoT, biometrics and wearables.
Euronext ups Oslo Stock Exchange offer to $790m
What a saga! The battle in Norway against Nasdaq continues.
Databricks keeps building with $250m funding
Now valued at $2.75 billion – and with the continuous support of Microsoft.
