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AriseBank execs fined $2.5m over ICO scam
US Securities and Exchange Commission lays down the law yet again.
Western Union works with TerraPay for mobile mania
In the name of mobile wallet and bank account payouts.
Paytech TransferGo glows with $17m funding
UK firm targets expansion in Turkey, India, Ukraine and Russia.
Brazilian challenger Nubank breaks down doors with debit debut
The release is “another piece of the jigsaw that was missing”.
Australian challenger bank Judo powers on with Vermeg regtech
Selects AgileReporter package for APRA requirements.
Emergent Technology acquires Interpay Africa
Californian firm dreaming of African action.
Robinhood tucks into Galileo for US checking and savings launch
Payments processor powers trading app’s banking move.
BBVA drives first acquisition term loan on blockchain
Closes the loan with Porsche Holding Salzburg.
Equifax Ignite-s data analytics in UK
Data analytics and insights platform lands in UK.
Top fintech stories this week – 14 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Lower’s a goer with AI-powered lending launch
Firm plans to sock it to ’em for mortgage decisions.
NEO Global Capital invests in blockchain platform Ultrain
Decentralised computing platform plans to build cloud infrastructure.
UAE and Saudi Arabia trial cross-border payments on blockchain
Despite some media reports it’s not a digital currency.
YayPay celebrates $8.4m funding for data science drive
Start-up seeks growth in cash-flow and receivables markets.
Ecobank teams with MFS Africa for digital payments
Customers can now transact with 170 million mobile wallets across continent.
Mayapada Group taps Pohon Dana for lending in Indonesia
Conglomerate pushes into fintech via investment.
Banking tech problems hit TSB and Absa
UK and South Africa united in fintech grief.
Lending platform JUMO gets $12.5m funding
Takes total raised in excess of $103 million.
Accenture acquires select assets of financial software firm Zafin
Firm looking for more action in legacy IT world.
Revolut gets European banking licence
Will begin operations in 2019.
ShopKeep closes $65m for small business financing leap
Brings US firm’s total funding to just over $72 million.
Mitek stock price rises after ASG beefs up acquisition offer
It took issue with “opportunistic” nature of a proposal last month.
Line acquires GrayHash for fintech security
Looking to improve its messenger, AI, blockchain and digital asset exchange.
Swift CEO calls time on seven “intense” years
Gottfried Leibbrandt will step down at the end of June 2019.
Camden National Bank outsources SilverLake core with Jack Henry
Stepping it up in Maine, US.
Equiniti Riskfactor soars with Eagle Business Credit win
Will provide its risk management software to US firm.
Morgan Stanley says yes to Yext for finance advice
Bank has digital brain wave for its financial advisors.
Vocalink to revamp Peru’s payments system
Teams with Cámara de Compensación Electrónica for real-time upgrade.
Finastra Universe London 2018: overcoming the data frontier
When privacy is not an issue.
solarisBank shines for Boerse Stuttgart’s crypto trading launch
Coming in H1 2019 with solarisBank providing banking services.
US challenger bank Envel emerges for auto-pilot action
Start-up goes ethical and offers “banking on autopilot”.
Malware campaign “Operation Sharpshooter” aims for UK fintech
McAfee warns of imminent danger and an in-memory implant.
Temenos acquires SaaS vendor Avoka for $245m
Plans to strengthen its digital banking services.
Experian to acquire African credit info firm Compuscan for $263m
Actis and management agree to sell it off.
International Bank of Azerbaijan goes FICO for financial crime fight
Bank up for battle against money laundering and terrorist financing.
Wirecard woos with Apple and Google Pay play
Double delight for its boon customers in Germany and France.
Motive Partners takes majority stake in Finantix
Private equity firm gets hold of digital services provider.
Plaid’s glad all over with $250m funding
US app provider now valued at a juicy $2.65 billion.
Barclays app turns on retailers with “turn off” spending feature
Customers can stop transactions at chosen retailers for greater control.
