Phoebus Software wins new client in lending space
UK-based Business Lending Group signs a five‐year contract.
News
Australia’s banking sector gets constructive criticism
The Royal Commission has some things to say.
Reserve Bank of India fines three banks for compliance fails
Axis, UCO and Syndicate Bank found to be at fault.
Digital Isle of Man unleashes blockchain office and sandbox
No plan is an island.
SME finance app ANNA gets £8.5m funding
New investment comes from Kinetik.
Kraken acquires UK trading platform Crypto Facilities
No specifics but it is a “nine-figure deal”.
Philippines brings in new rules on crypto assets
Another regulator gets tough on this rather special sector.
Funding Options launches in Netherlands with ING
A partnership six months in the making.
BNY Mellon to unveil data business
Bank is also looking for a leader to build and drive this new unit.
Bsurance receives $4m funding and eyes move west
Investment led by Uniqa Venture to expand in Europe.
Maldives Monetary Authority calls for payment project tenders
Revamp on the way as MMA issues a request for information.
Regulators officially launch Global Financial Innovation Network
Development builds on FCA’s proposal to create a global sandbox.
Student loan firm Climb-s to $50m funding
US company gets investment from Goldman Sachs.
JP Morgan takes minority stake in Smart Pension
UK-based pensions provider has now raised a total of £50 million in funding.
CEO death means crypto exchange QuadrigaCX can’t release $190m funds
Firm’s users don’t seem so sympathetic and many express suspicions.
Swift supports Bangladesh Bank network rebuild after 2016 cyberattack
They seem to have got over their quarrel about who was to blame.
Alt credit scorer Aire heads to $11m funding
Takes the company’s total funding to $23 million.
Capitalise goes live with Interactive Brokers
Capitalise enables traders to automate their strategies using natural language.
Infographic: the Italian payment landscape
How do Italian people pay for their purchases these days?
Nordic banks’ payments platform preps for pilot launch
Called Project 27, the banks want platform to become a legal entity this year.
Taking a Step towards banking for under 18s
A new mobile bank gives tools for underage banking.
HSBC, ANZ and Goldman Sachs back Bud’s $20m funding
UK-based personal finance firm backed up by big name buddies.
Starling Bank preps for Irish licence with euro accounts
CEO is in Ireland today and UK challenger bank is also gearing up for Brexit.
Video: fintech news weekly round-up – 4 February 2019
Features an investment record, Stripe, Global Financial Innovation Network, Swift and R3.
Goldman Sachs and Amex join Better Mortgage’s $70m funding round
US-based digital lender plans partnerships and recruitment.
No lonely planet for open banking in OBIE’s latest guide
Open Banking Implementation Entity is an ecosystem warrior.
Fintech investment in 2018 soars to record $40bn
Data from CB Insights shows a 120% increase from 2017.
Italian insurtech Yolo gets €5m with Intesa Sanpaolo backing
The firm just closed its Series A and is looking abroad.
Euronext takes on Nasdaq with $737m Oslo Stock Exchange offer
Makes lower bid but says it has support from majority of Oslo Bors shareholders.
Suits Me sir! HooYu brings verification to banking start-up
Have you thought of a colour, sir? We have some excellent Blue Serge.
Equidate re-named Forge Global, boosts Series B to $85m
US-based trading platform looking to broaden its services.
Finca Impact Finance Tajikistan in new core banking system search
Finca Impact Finance Tajikistan looks to replace Oracle FSS’s Flexcube with new tech.
CYBG banking shifts up a gear with Red Hat
UK bank unites digital operations on OpenShift container platform.
Paytech QUID takes high road to Canada and US
Will expand to other countries after it’s settled.
Licence lust lets Lithuania’s fintech sector soar
Sector expanded by 45% in 2018 as Google and Revolut were awarded licences.
Dinosaur and tZero unleash securities trading on blockchain
Brokerage outfit and Salt Lake City-based firm in no danger of becoming extinct.
Bayerische Landesbank picks Profidata for custodian services
German bank will use the software Xentis.
UK’s Metro Bank hit by SS7 attack
Known telecommunications vulnerability exploited to target bank accounts.
Infographic: the year of the crypto crash – 2018
Cryptocurrency prices went from all-time highs to catastrophic lows.
Bison app attracts crypto trading hunters
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