TransferWise teams with Dutch digital bank bunq
International money transfer specialist has a new partner in Dutch challenger bank bunq.
News
CredoLab and GoBear unveil credit solution for underbanked
Collaboration between alternative credit scoring specialist and personal finance comparison site.
UniCredit to launch new customer engagement tool from Meniga
Prototype has now been built and will go live in two months in Serbia.
Three UK and Meniga team for Wuntu Money app
Exclusive from Meniga’s FIN42 event in Iceland.
DTCC starts testing phase of blockchain platform
Project includes 15 of the world’s largest banks.
HSBC Bank USA hit by data breach
Data stolen includes full names, account numbers and transaction history.
Openbank picks AxiomSL for regtech reporting
Includes central bank, trade and transaction reporting.
Emirates NBD debuts API sandbox
Says it’s the first bank in the UAE to introduce such a platform.
Crypto bank Nebeus raises £1m funding
Plans for expansion into Europe, Asia and South America are underway.
Fidor splitting from France’s BPCE
Allegedly due to lots of business clashes and drama.
SPD Bank and Temenos unveil innovation lab
Partnership will enable Shanghai Pudong Development Bank to use APIs.
Cash management app Slide glides into the market
So SMEs can take control of their finances.
Lloyds axing 6,000 jobs and creating 8,000 new ones
On the back of its digital revamp strategy.
Webinar: Customer-centric transformation in digital account opening
Join us on 27 November for a live webinar with OneSpan!
RBS tests its SME digital entity Mettle
New standalone entity is looking for early access applications.
London-based bank Dozens about to launch
Previously called Project Imagine.
Fintech Meniga gains new investor, Islandsbanki
Meniga has received a €3 million investment from Islandsbanki.
First blockchain securities exchange to launch in Mauritius
Mindex, GMEX Group and HYBSE team up for new platform.
Credit Karma acquires Noddle to launch in UK
Financial health company is once again expanding with sixth acquisition.
Factris receives €1.5m funding and acquires Crown Finance
The firm offers factoring to small and medium-sized enterprises in Europe.
Absa Group and MTN enable POS mobile wallet payments
The service has only launched in Ghana, so far.
PNC to equip commercial clients with Giact’s ID verification tech
Giact Systems and PNC Bank say they have formed a “strategic alliance”.
Visa and Billtrust team to digitise US B2B payments with Business Payments Network
Visa and Billtrust have joined forces to develop Billtrust’s Business Payments Network (BPN).
Fintech Sharegain raises $5m and rolls out securities lending platform
It has raised a total of $12m so far.
N26 and Rasa to launch extra languages and features for its chatbot
N26’s chatbot is already live in English in both Facebook and Salesforce.
Experian launches Experian Credit 3D for insightful credit scoring
Offering a long-term view of a customer’s finances.
Ahli United Bank signs up for retail payments with AFS
Utilising Android as PoS.
ITS gains first core banking system client in Tajikistan, Sohibkorbank
Sohibkorbank to implement ITS’s flagship Ethix core banking system.
HSBC and ING in industry-first blockchain trade finance transaction
HSBC India, ING Bank Brussels, Reliance Industries and Tricon Energy experiment with blockchain.
Blockchain start-up INVioU looks to raise $2m
INVioU looks to “create new possibilities of factoring for small businesses by using blockchain technology”.
Gusto teams with ScaleFactor to automate accounting for SMEs
Gusto business users can sync payroll and benefits directly with accounting and financial data.
Laureate turns to AlphaPoint for blockchain-based asset management tech
Laureate’s asset digitisation, investor portal, and secondary trading will rely on AlphaPoint’s technology.
Quadient’s new tool accelerates insurance claims process
Quadient Correspondence is a new subscription-based, Software-as-a-Service (SaaS) solution.
NAB to migrate 35% of IT portfolio to cloud
As well as shutting down 15-20% of its IT applications.
Cyprus to unleash blockchain and fintech development
VeChain Foundation, Cream and Invest Cyprus will establish a blockchain framework for Cyprus.
Natixis signs up with Fenergo for client management
Fenergo CLM will be rolled out across Natixis’ Corporate and Investment Banking division globally.
Braintree adds Samsung Pay option for US merchants
PayPal-owned Braintree will integrate with Samsung Pay.
Top fintech stories this week – 2 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
White Clarke acquires equipment finance software provider Insyston
Expansion plans in the Australian, European and North American equipment finance sectors.
European Banking Federation calls for reporting regulation review
Current regulation makes reporting inefficient and discourages communication, EBF says.
