PayPal picks Temenos T24 core banking system
T24 will support PayPal’s operations in the US, UK, Germany and Australia.
News
Google gets e-money licence in Lithuania
The Bank of Lithuania keeps boosting its fintech ecosystem.
Three Midwestern credit unions sign up for Fiserv’s DNA
The lucky three are Ideal Credit Union, TopLine Federal Credit Union and Dakota West Credit Union.
Top fintech stories this week – 21 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Top ten core banking system projects in 2018
Core banking software is back in fashion!
HSBC launches mobile collections service in Thailand
Collections for customers via credit cards, bank transfers, e-wallets and cash.
Volt prepares for Australian open banking with Temenos
Challenger bank picks T24 core banking system and more.
Coconut milks crowdfunding to launch current accounts
UK firm unleashes latest product for freelance folks.
Blockchain incubator Adel does file transfers well
AdelPoint offers decentralised, anonymous and encrypted service.
Nasdaq nets new Nigerian trading tech deal
Nigerian Stock Exchange signs on for five more years.
BBVA and EIB sign €1bn synthetic securitisation on blockchain
The first of its kind in the EU.
US Payments Forum pushing for contactless at ATMS
Offers a helping hand for paytech progress.
White paper: Delivering a great omnichannel banking experience with in-memory computing
Find a fast, simple omnichannel banking solution with GridGain’s in-memory computing platform.
Digital Asset CEO Blythe Masters quits
Company’s CEO since 2015 steps down for personal reasons.
AI firm Dataiku gets £80m funding
Aiming at UK expansion.
Mastercard and Elavon elevate bank apps for retail payments
Aiming to allow consumers to pay for goods and services through their bank’s app.
Citi feeds on Feedzai for risk management
Citi Treasury and Trade Solutions to integrate transaction monitoring technology.
Aiera bags $3.5m for AI-driven equity research
Welcome to the era of the artificially intelligent equity research analyst.
SoftBank pours $500m into Cambridge Mobile Telematics
SoftBank Vision Fund sees something in US-based insurtech.
Diginex deepens digital assets with Altairian acquisition
Hong Kong-based blockchain firm buys again – this time a UK wealthtech.
Remittance comparison site Monito gets £2.5m funding
Supported by Swiss media group Tamedia.
Clinc and Isbank unleash AI-powered app in Turkey
“Maxi” is designed for the Turkish bank’s six million customers.
Old guard and challenger banks sit at UK’s switching scheme table
Incentivised Switching Scheme welcomes 11 banks.
UBS fined $15m for AML malpractices
Bank hit by a trio of regulators for money laundering fails.
Finastra scores win in Myanmar with KBZ Bank
Fusion Treasury will enable the bank’s STP.
CoinAlpha fined $500k for crypto law breach
Blockchain protocol also gets a cease and desist from the US regulator.
Lendtech Blend Network gets £10m funding
To grow its lending product and raise the UK firm’s profile.
Norway’s DNB calls for fintech start-ups
DNB NXT Accelerator and StartupLab want you.
Cybercriminal underground dangerously sound
McAfee Labs sees 20% increase in data breaches in financial sector.
Put your SEPA cards on the table
European Cards Stakeholders Group calls for feedback.
Flux to flex digital muscles with $7.5m funding
Digital receipt firm plans platform expansion.
Estonia arrests ex-Danske staff over money laundering case
Ten former employees feel the heat in Tallinn.
FundedByMe gets the nod for UAE crowdfunding debut
Sweden-based platform granted approval for 2019 start.
TransferMate acquires Swiss FX payments firm Devisenwerk
Irish B2B payments provider making progress.
AR firm Blippar goes bust
All staff will lose their jobs at the UK-based augmented reality firm.
Expensify on a high in profitability place
Revenue rocking and cash flow positive.
Nordea launches instant reporting for commercial break
Bank says this “turns open banking into a commercially viable product”.
Isracard plots banking action with Temenos T24 core system
Credit card company gets ambitious and wants to simplify its systems architecture.
Egypt’s Commercial International Bank ventures into fintech investment land
CIB unleashes CVentures for a national “first”.
Santander smartly acquires invoicing and expenses app Albert
Bank says app is popular among freelancers and micro-enterprises in the UK.
