RBI says no to Yes Bank CEO staying on
The forced exit is a result of lack of compliance.
News
Goldman Sachs to spin off Simon finance app
In advanced talks with several firms to sell its three-year-old app.
WorldRemit keeps customers updated via WhatsApp
First in the UK for digital money transfer firm.
Equifax fined £500k for UK security breach
15 million UK citizens were affected during the cyberattack in 2017.
Hackers steal $60m from Japanese crypto exchange Zaif
Owner Tech Bureau asks for $44.5m in financial assistance to deal with issues.
Banks and traders unveil Komgo for blockchain-based trade finance
15 big names behind new Geneva-based entity.
CardFlight makes SwipeSimple tech better all right
Mobile POS and payment technology firm is flying high.
Finicity cosies up to Capsilon for mortgage magic
Verification of Assets solution meets borrower and loan officer workspaces.
Curve card gives zero FX
Firm is looking to stand out with its currency conversion fees.
NatWest starts quantum computing testing
May be able to execute tasks at 300 times the speed of a traditional computer.
RippleNet struts along more payment corridors
Ripple’s enterprise blockchain network now live in 40 countries.
High noon for UK’s “Wild West” crypto-assets
Treasury Committee puts on sheriff’s star and shoots straight.
KGI Bank pioneers Taiwan’s first regulatory sandbox
In collaboration with Chunghwa Telecom.
Helios takes a shine to TPAY with majority stake
Africa-focused private investment firm gets 76% stake in paytech.
ANZ waves hi to smartphone ATM access
All you need from an ATM, with the aid of your phone.
ING invests £5m in UK lendtech Funding Options
Dutch bank also takes minority stake in the SME lending marketplace.
Divido keeps it together with $15m funding
Aims to expand to ten more countries before the end of 2019.
Europol warns of crypto cyberattack increase
Its 2018 Internet Organised Crime Threat Assessment makes for grim reading.
Danske Bank’s CEO resigns over money laundering crisis
Related to €200 billion in possible money laundering in Estonia.
iSignthis acquires core banking tech vendor Probanx for €400,000
iSignthis paid €300,000 in cash and €100,000 in shares for Probanx.
No mystery as BB&T invests $5m in data firm Enigma
This is BB&T’s first outlay of its $50m fintech commitment.
TradeIt and TradingView go for big brokers
Retail investors and traders will be able to buy and sell with some of the biggest brokers.
UiPath raises $225m for AI and RPA solutions
Series C led by CapitalG and Sequoia Capital.
Denmark’s central bank turns to SIA for new RTGS system
Later this year the country will be connected to Target2-Securities.
Insurtech Setoo set to woo with €8m funding
Main investor in Series A round is Kamet, AXA’s insurtech start-up studio.
France Swave-s hello at UK fintech jobs
Government-backed tech incubator Swave employs seduction techniques.
Stripe makes it Terminal for programmable POS
Stripe Terminal takes an online presence into the physical world.
Fintech tour Frankfurt: ready for a post-Brexit world?
TechQuartier represents the first effort to help fintechs settle in the city.
Goldman Sachs leads $52m funding round for JUMO
Goldman Sachs, Proparco and Finnfund come on board as JUMO’s new investors.
Singapore unveils world’s first unified payment QR code
SGQR will be adopted by 27 payment schemes.
Ithmaar Bank and Eazy Financial Services team for biometric payment network
Bahrain-based Ithmaar Bank and Eazy Financial Services to launch the region’s first biometric payment network.
UK banking tech firm Cennox gets £24m funding from RBS and NatWest
Surrey-headquartered firm plans more staff and acquisitions.
Al Salam Bank Bahrain revamps mobile banking with Clayfin
ASBB has launched a new mobile banking solution underpinned by Clayfin’s technology.
TransPecos Bank launches new digital brand, outsources tech to Nymbus
The operations of BankMD will be outsourced to Nymbus via its SmartLaunch platform.
ASEAN Financial Innovation Network launches API exchange
A consortium led by Virtusa will develop and operate it.
Santander to build £150m tech hub in UK
Prepare to get bowled over Milton Keynes!
Infosys to acquire Fluido for $76m
Tech firm to buy cloud advisory and consulting services company.
Fidelity CEO hints at blockchain and crypto products
CEO Abigail Johnson was speaking at a Boston fintech conference.
UK government and banks plan anti-fraud initiative
Partnership will see UK Finance and panel of experts tackle scams.
VPBank launches lively new digital bank Yolo
Vietnamese bank targets younger generation with “unlimited connectivity” to lifestyle service providers.
