Sberbank now supports Google Pay
First bank in Russia to do so.
News
Top fintech stories this week – 6 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology July/August 2018 issue out now
Deep minds. For fintech that matters.
Maltese lawmakers welcome blockchain and crypto action
Nation’s parliament has officially passed three bills.
Macro analytics firm Quant Insight feeling bright with funding
It has also expanded further into the US and Asia.
Canadian financial data firm Flinks fuels up with $1.75m funding
With Luge Capital making its first investment.
SimplyFi teams with Tochka Bank for SME lending in Russia
Credit decisions are made within two hours.
UK regulators want banks to offer resilience brilliance
BoE, PRA and FCA call for feedback from firms and financial market infrastructures.
Co-op Money NZ thrilled by passing of credit union Bill
Calls it endorsement for future of New Zealand’s credit union sector.
UK and France strengthen AI and data ties
Two nations sign a five-year accord.
Shoppers can now order ahead with Yoyo
Saving users time by letting them skip the line.
Temenos teams with open banking platform Luxhub
Luxhub is formed by four Luxembourg-based retail banks.
UK start-up BABB seeks more funding in banking licence hunt
Wants £1.5 million for 1.48% of the business.
EBA warns banks of obvious threat from fintech
European Banking Authority publishes wordy roadmap.
Planck Re yanks in $12m for insurance plans
Israeli insurtech offers AI-powered commercial underwriting services.
Santander-backed Asto finance app preps for beta launch
London-based firm wants to be a pocket business helper.
Gresham acquires payments firm B2 Group
To B2 or not to B2? Thanks for asking but headline gives it away.
Payments start-up Fire gets open banking glow
First Ireland-based payments firm to be authorised as a PISP.
Jumhouria Bank of Libya selects SmartStream for real-time control
SmartStream to provide intra-day reconciliations management.
Cyber solution provider ThetaRay gets $30m funding
Investment takes company’s total equity capital to more than $60 million.
Synchrony to buy PayPal’s consumer credit receivables
This frees up liquidity for PayPal. Hmmm?
Lendtech Ezbob buzzing with sweet investment from Honeycomb
Alternative business lending company gets some sugar-coated cash.
Phoebus completes swift integration onto Capital Home Loans system
Including the migration of its mortgage book.
Payments start-up Akwewa launches in Benin
Cotonou-based firm offers money transfers around the world.
Paysend gets $20m funding godsend
Led by MARCorp with help of existing investors.
Fexco to create 175 fintech jobs in Ireland
Fexco is seeking people in ICT engineering, software and sales.
Austria’s central bank completes full revamp with SimCorp
Chosen to support its monetary policy and manage investment activities.
Crypto trading platform DXE turns to Mitek for digital ID duties
DXE will use Mobile Verify solution to stay cool with compliance.
Insurtech Bought By Many brings in £15m funding
A quick rise and product roll-out has created interest in investors.
Autosoft and Finja power Allied Bank’s branchless banking
Pakistan-based bank in digital drive.
First trades go live on we.trade blockchain platform
Ten companies traded via four banks.
Lithuania stays approachable with remote fintech licence
Sociable Bank of Lithuania wants you.
Zesty Zopa reveals record lending figures
Zopa achieved revenues of $61 million in 2017.
Risk info provider TransUnion gets outstanding Iovation
Finalises its purchase of device intelligence company.
Additiv and Orange Business Services in juicy wealthtech hook-up
European robo-advisor Additiv makes its cloud-based tech available to banks and FIs.
Automation Anywhere scores $250m to globalise bot workforce
Its software robots can take over manual tasks such as insurance claims processing.
11:FS Podcast: death is no excuse
11:FS Fintech Insider podcast featuring FinTech Futures’ Tanya Andreasyan.
Australian payments start-up Airwallex raises $80m
Melbourne-based firm combines payments and FX transfers.
India’s stock exchange teams with Nasdaq for tech boost
Aiming to increase efficiency and effectiveness of the market.
China New Era Technology Fund powers up with $15bn
China’s answer to SoftBank’s Vision Fund in Japan.
