Abu Dhabi regulator brings crypto under control
Follows the completion of a public consultation.
News
Ant Financial turns to Standard Chartered for blockchain payments
Standard Chartered becomes core partner bank.
BBVA launches facial recognition payments
All part of its “invisible payments” strategy.
Double up with Starling’s joint account
A mobile application for openings and break-ups.
Lloyds banking app crashes over weekend
Saturday not so sweet for Lloyds, TSB, Halifax and Bank of Scotland.
Investment marketplace Newchip lands $2m in funding
Participants in round include JadeValue Fintech, Yeoman’s Capital and Polymath.
Biometrics firm Veridium touched by $150,000 grant
The grant is funded by the Bill and Melinda Gates Foundation.
PayPal gets anti-fraud ability with $120m acquisition of Simility
Buys fraud prevention and risk management platform.
UK government unleashes Financial Services Skills Taskforce
Wants to secure the nation’s future post-Brexit.
National Bank brings NFC mobile terminals to Canada
Canadian Mobeewave provided security and encryption.
Better Fintech launches for financial equality
Former Green Dot employee wants to foster financial literacy and equality in the US.
BBVA unveils Next Technologies for digital drive
Beeva and i4S become BBVA Next Technologies.
BillingTree integrates iPayX e-billing solution
Follows the acquisition of the company back in December.
Banco Sabadell’s venture hub InnoCells acquires lendtech Instant Credit
It aims to grow its digital retail vertical.
P2Binvestor raises $17m to expand lending programme
To fund growth mostly for its new bank partnership programme.
Crypto firm Fantom menaces rivals with $40m funding
Will build directed acyclic graph-based smart contract platform.
Webinar: Banking reimagined – building an integrated digital ecosystem
Join Capgemini and FinTech Futures on Wednesday, 11 July for a live webinar!
KeyBank acquisition Bolstr-s digital lending dream
US-based bank buys digital lending platform for small businesses.
Luxoft smashes it with Smashing Ideas acquisition
Smashing, lovely, super. Purchase bolsters digital research, strategy and design.
Top fintech stories this week – 22 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
IBM criticism brings more blues to TSB tech issues
Big Blue says go-live criteria to prove production wasn’t ready.
Alfa-Bank Belarus moves to OpenWay’s digital platform
Payment cards and online services migrated.
MYbank plans stellar SME support
Ant Financial brand offers the promised land.
Canada’s Interac Lab gets in on innovation hub act
Based within the Communitech tech hub in Ontario.
Israel’s crypto regulations drama drags on
Now the Association of Banks in Israel demands regulation.
US financial planner Grove gets groovy with $8m funding
It publicly launched four months ago.
Square acquires crypto licence in NYC
Gearing up for launch of Cash App, which includes crypto exchange services.
Rebtel’s new digital bank for migrants lands $8m
Added to another $8m of funding.
Webinar: How to automate critical processes with compliance in mind
Are your processes compliant by design?
NYC fines Deutsche Bank $205m for FX up
New York State Department of Financial Services is FX-ed off.
SmartAsset scoops up $28m in new funding
Series C round takes company’s total equity capital to more than $51 million.
Billshark and Payrailz go bill busting
Billshark negotiates with service providers to find the best possible terms for monthly bills.
Europol takes down e-commerce fraud gang
Judgement day has arrived.
New Spanish consortium Niuron aims to promote blockchain
It already has an ongoing project for ID verification.
Lloyds and Barclays cut hundreds of UK jobs
On top of all the other jobs axed.
South Korean crypto exchange Bithumb victim of $31m heist
Deposits and withdrawals have been subsequently stopped.
Hyperactive PayPal acquires Hyperwallet for $400m
Gives it more payment solutions to e-commerce platforms and marketplaces.
BBVA and Repsol finalise revolving credit facility based on DLT
Negotiation, signing and settlement were done through several blockchain networks.
Arion Bank picks Datactics for data management
Datactics outperformed the competition in the Icelandic bank’s tests.
Fintech rock band storms the charts
To those about to rock in a sensible manner we salute you.
