Mastercard and AWS grow payments for supply chain
Firms use digital identity, payments and blockchain for improved capabilities.
News
Japan to unleash national digital currency J-Coin Pay
60 financial institutions team up for new smartphone payment service.
Tappy Tech and Timex team for wearable tokenisation
Traditional timepieces get an UPPU-grade.
Validus Capital raises $15m for SME financing
Series B round led by Dutch public-private development bank FMO.
Saradar Bank freshens up branch with sweet S17 in Beirut
Lebanese bank wants to combine a café, a co-working space and a digital offering.
French card firm Evolis creates Japanese subsidiary
The company is aiming for a long-term presence in the country.
Discovery’s digital bank to go live next month
South African financial services company satisfied with testing.
OakNorth in the clear with ClearBank payments tech
Those UK challengers are up to something.
Fun days for insurtech start-up Sunday with $10m funding
Malaysia, Indonesia and Singapore are the next stops for the Thai firm.
Ping An plans $8bn IPO of fintech subsidiary
Insurtech postponed IPO of OneConnect last year due to stock-market unrest.
NatWest unveils bank account aggregator
Its “first real-life customer feature using open banking”.
ID.me brings identity proofing to Department of Veterans Affairs
“No identity is left behind.”
Rebrand takes analytics firm OmniSci to promised land
Will double workforce by end of the year and move into new San Francisco headquarters.
CMB Wing Lung Bank live with new custody banking tech from GBST
CMB Wing Lung Bank is live with a new back-office solution for its custody business, GBST’s Syn~Ops Custody.
Arceo flies into US cyber insurance space
Start-up wants to bridge the insurance and cybersecurity worlds.
UK finance software firm Yordex gets £500k funding
Investment company Bloc Ventures takes a shine to its new adventures.
UK lendtech DivideBuy feeling spry with £60m funding
Firm offers interest free credit and plans to develop its tech.
Brazil’s BTG Pactual makes digital token move
ReitBZ is a security token offering designed for nation’s real estate market.
Starling Bank promises 400 new UK jobs with £100m grant
UK challenger also pledges to invest £95 million of its own money.
Commerzbank completes securities transaction test on blockchain
Pilot with Continental and Siemens – and transaction based on R3’s Corda platform.
Hackers use fake Google reCAPTCHA to hide banking malware
Phishing campaign at Polish bank serves as a warning for us all.
Entrust Datacard acquires Thales’ data security business
Will get the general purpose hardware security module, nCipher Security.
SocGen mulls thousands of job cuts from investment unit
As it seeks to consolidate its brokerage business through a partner.
NSF makes £1.3bn takeover bid for UK lender Provident Financial
Non-Standard Finance makes unsolicited offer to buy its struggling rival.
Metro, Starling and ClearBank win RBS fund
The Capability and Innovation Fund’s first pool grants a total of £280m.
Sasfin takes equity stake in South African lendtech Payabill
Johannesburg-based firm looking for more SME action.
Onfido enjoys extended stay at 2nd Address
Identity verification for the US rentals market.
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.
