Motive Partners takes majority stake in Finantix
Private equity firm gets hold of digital services provider.
News
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.
Ripple powers Coinone’s remittance app in South Korea
The nation’s “first blockchain-powered remittance mobile app and web service”.
White paper: Segments of one – customer insights in digital banking
Easy-to-implement use cases for personalised marketing and sales.
Data privacy provider Privitar picks up investment from Citi
UK firm plans to expand its US teams on the East Coast.
UNICEF fuels SME funding for emerging markets
Its innovation fund gives Atix Labs some support for good causes.
BioCatch brings behavioural biometrics to ACI Worldwide
Paytech ACI plans to stop fraud for banking customers.
Next Caller has Interactions for phone-based threat assessment
Intelligent virtual assistance firm Interactions seeks better fraud protection.
PayPal gives a Toss about Viva Republica’s $80m funding
Aimed at expanding the firm’s consumer app Toss.
Delay to Distribution Finance Capital’s UK banking licence
UK’s Prudential Regulatory Authority informs wannabe about the wait.
Buzzvault app jumps into insurtech space
Home insurance app for a personal asset vault.
Banking start-up Nexves wins Scottish EDGE Wild Card
Gets a cash boost via victory at the RBS-backed competition.
Standard Chartered cutting jobs in UAE
Its digital activity comes at a heavy price.
Reserve Bank of India’s governor quits for personal reasons
Tensions with the finance ministry are rumoured to lie behind the departure.
Contis and Visa unleash fast-track fintech programme
Will give firms access to payment cards and banking capabilities.
First Abu Dhabi Bank goes live on Temenos T24 core system
The consolidation of FGB and NBAD systems is now complete.
Bahrain Credit goes omnichannel with Clayfin
Tech firm Computer World will take these services to the Microsoft Azure cloud.
StanChart first in Hong Kong for digital savings account on-boarding
HKID security features validation and facial recognition.
Credit Union Australia offers app with personal touch
Allows customers to pick a personal bank advisor.
Migrants bank Rebtel targets US launch
Swedish bank is for an “overlooked and undervalued customer in mind – migrants”.
Social trading firm Ayondo goes pro
Clients will be able to trade more than 2,000 instruments.
NCB Employees Co-operative Credit Union in tech revamp with Smart Solution
Jamaica-based NCBECCU will replace its legacy tech with Smart Solution’s Universa core banking system.
Norwegian Finance targets European banking expansion
Acquires shares in Irish company Lilienthal Finance to make this happen.
Boku takes on mobile with $112m Danal acquisition
Will take on all its pure mobile security solutions.
India’s FinXtree fires up for fresh fintech products
Plans to develop digital products for lending and blockchain solutions.
Money Dashboard brings ML magic to GoCompare
Scottish firm clearly not riled by GoCompare’s awful adverts.
Metro Bank keeps on digital with international payments
Easily done through the app, not a branch.
Infographic: seven musicians who jumped on the cryptocurrency bandwagon
What do Mariah Carey, Akon and Mel B have in common? (Apart from crap music.)
Voyager Innovations first for Singapore’s faster fintech patent
Seven months a save via Intellectual Property Office of Singapore.
Digital security firm Trustology gets $8m funding
ConsenSys’ cybersecurity baby is doing well.
Banco Sabadell’s InnoCells moves on Mexico with UnDosTres investment
The bank’s corporate venture arm picks a paytech.
Sberbank in three-way repo deal on blockchain
Joined by National Settlement Depository and Brokerage Company Region.
Feedzai fighting financial crime with Risk Ledger
“Our goal has always been to make it harder and harder for fraudsters to hide.”
Finicity the kingmaker for Princeton Mortgage’s SnapApp
Its Verification of Assets solution is an asset to US firm.
Top fintech stories this week – 7 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
KKR leads $100m funding round in Cross River Bank
New Jersey-based bank plans expansion abroad.
Swift adds information check pilot for gpi payments
The pilot for global payments innovation starts with 14 banks.
Airtel Nigeria plans payment service bank
Telco seeks out nation’s mobile market.
Avaloq and Gazprombank go crypto for wealthtech
The bank will offer crypto-asset investments from mid-2019.
