IHS Markit invests and partners with Cobalt
To develop post-trade processing services for FX markets.
News
New York regulator fines Standard Chartered $40m for forex rigging
Old gits, a den of thieves and the usual suspects.
New community banks readying for launch in the US
VisionBank, Trustar Bank and Moxy Bank hope to shake things up.
Saudi Arabia and UAE unite for digital currency dream
Saudi Arabian Monetary Authority and UAE’s central bank unveil Aber project.
Singapore regulator warns of national cryptocurrency scam
Websites falsely claim that Singapore is adopting a cryptocurrency as its official coin.
Swift links up with R3 for trading on blockchain
Their trial will monitor the movement of goods and payments on gpi.
R3 and SBI team up to push Corda in Japan
A new joint venture for blockchain rises in the east.
Nasdaq outbids Euronext with $770m offer for Oslo Stock Exchange
Euronext had made a bid of $713 million.
Mobile trading platform CloseCross gets $3m funding
It opens the round with investment by Amnis Ventures
Credorax turns to Temenos’ T24 Transact for payments push
Running on the Azure cloud.
Silver-tongued Argenta launches conversational banking
Belgian bank teams with message mavens Sparkcentral and Smooch to make it happen.
CULedger grabs $10m funding to its blockchain credit
Plans to use DLT for credit union-focused platform.
Infinito blockchain platform is one stop show
All-in-one and designed for businesses and developers.
Santander Spain and Raisin in open banking duet
Life is a dream. For banks and fintechs.
First Data joins AIB in €100m bid for Payzone
Duo targeting Dublin-based payments firm.
Feedzai and DataRobot team up to tackle financial crime
“This is how we are democratising AI for our customers.”
Anti-financial crime firm Mimiro raises $30m
Mimiro’s machine learning platform analyses the risk of financial crime.
Envestors entices start-ups with crowdfunding control
UK firm launches standalone equity crowdfunding platform.
Personal finance app Fintify gets FCA approval
Can now operate as a registered account information service provider.
Cross River and Railsbank create transatlantic API action
Banking on both sides of the Atlantic through a single API.
Data firm Collibra bags $100m funding
Following a great year in revenue and expansion.
Revolut meets its perfect ClauseMatch
The fintech is upping its regulatory game.
Credit card player Petal picks up $30m funding
Series B round led by Valar Ventures.
Oxygen gets $2.3m funding for digital banking life
San Francisco-based firm offers free banking services to freelancers.
Users left in lurch as crypto exchange Liqui closes
Firm says it does not “see any economic point in providing you with our services”.
CreditVidya receives $3m funding to develop credit score tech
It aims to expand throughout various industries in India.
Revolut locks in on banking and trading licences
CEO unveils his cunning plan to build a global licensing team.
Indian banks unveil blockchain-linked funding for SMEs
The 11 lenders include ICICI, Axis, Yes Bank and Standard Chartered.
Monzo prepares digital receipts with Flux
As the challenger finds fintech partners for its marketplace.
ACI Worldwide to power Hungarian real-time payments
For a total of 17 banks so far.
Samsung backs Mobeewave in latest funding wave
Mobile paytech now has a total of $20 million.
IBM, PNC Bank and health insurers set up blockchain network
To improve the efficiency of the health sector.
TrueLayer unveils payments API
UK firm launches it in the name of open banking and PSD2.
Video: fintech news weekly round-up – 28 January 2019
Featuring LatAm, ING, Alipay and Square.
M1 Finance takes on banks with new checking account
Called M1 Spend, it integrates within the US firm’s current app.
Mizuho makes move on Chinese fintech start-ups
Signs MoU with Zhongguancun Development Group for fresh talent.
Wirecard launches API developer portal
Initially designed for issuing solutions, but full scope on the way.
Tencent-backed WeBank eyes Australian expansion
Chinese digital bank is applying for trademarks Down Under.
First Direct unleashes social media payments
Today is fdpay day as peer to peer payments are on the way.
Anti-fraud firm Featurespace gets £25m funding
To develop its AI capabilities.
