Switch launches CardSavr API for virtual cards
Solution for those looking to make the leap from plastic to virtual cards.
News
Personetics accommodates challenger banks
A new customisable, pre-packaged application lowering barriers for smaller banks.
Visa hit by payment outages across Europe
Update – 2 June – situation now resolved.
CBA customers caught in email address confusion
Australian bank says no customer data was compromised.
Gibraltar Blockchain Exchange softly launches
It’s a subsidiary of the Gibraltar Stock Exchange.
Robo-advisor Munnypot is so hot for Capita
Capita becomes a shareholder in UK robo-advice investment platform.
Instarem buddies up with BeeTech for payments on blockchain
Will use Ripple’s network RippleNet for action in Asia-Pacific and South America.
US mobile banking challenger Chime raises $70m
It also reached over one million bank accounts this month.
Orange and Google looking to fund fintech start-ups
Interested in IoT, cybersecurity, cloud and AI in EMEA.
Finicity and Mortgage Cadence team for mortgage tech
Finicity’s Verification of Assets (VoA) solution integrated with Mortgage Cadence’s loan origination platform.
Dwolla launches pay-as-you-go payment offering, Start
Out-of-the box way for businesses to move money without a large time or money commitment.
BondIT integrates bond portfolio solution with FIIG Securities
Fixed income portfolio platform BondIT inks a deal with FIIG Securities in Australia.
Ex-Simple co-founder preps developer app for launch
Shamir Karkal wants to help developers get fintech apps to market.
Arxan brings app protection tech to Android
The first cybersecurity solution to leverage Google for Android-supported Kotlin to secure Android apps.
UK start-up Tosca Money prepares to act
Social savings service powered by a digital token.
Top fintech stories this week – 1 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Israel postpones cryptocurrency exchange regulations
Four month delay greeted with deep disdain by fintech firms.
Five Nordic banks mull KYC joint venture
They are DNB, Danske, Nordea, Handelsbanken and SEB.
CLS invests in blockchain software firm R3
Market infrastructure group provides financial support.
Intelligent Environments rebrands as ieDigital
The company has global ambitions and wants its brand to travel easily.
Infographic: high-cost credit – FCA findings and proposals
UK’s Financial Conduct Authority wants to protect people who use overdrafts and high-cost credit.
UK challenger bank Starling seeks £80m funding
Also ends its partnership with TransferWise.
Webinar: From the high street to cryptocurrency – digital ID verification for on-boarding and compliance
Register for this live webinar, taking place on 20 June.
Signifyd lands $100m in Series D funding
E-commerce fraud protection provider Signifyd has more than doubled its financing total.
Form3 and Mambu unveil real-time cloud payments
Will provide access to real-time payments processing in the UK and Europe.
Vasco rebrands as OneSpan, acquires Dealflo
Business solutions company Vasco is making a major pivot.
Fraudsters target BMO and CIBC’s Simplii Financial
Alleged to be in possession of customers’ personal and financial information.
Deutsche Börse cuts 350 jobs to invest €270m in fintech
Interested in blockchain, big data, cloud computing, robotics and AI.
Fintech hub H:32 launches in Berlin
Innovation is addressed at Hardenbergstrasse 32.
UK Unite trade union fights RBS branch closures
It’s all kicked off.
Goldman Sachs heads $250m funding round in Tradeshift
Firm says its valuation now stands at $1.1 billion.
Nordea and Invesdor fuel financing for Finnish firms
Offering alternative financing solutions for growth companies.
Personal finance app Fintify readies for UK-India launch
Targeting the non-resident Indian (NRI) market.
Ant Financial powers Shanghai Pudong Development Bank’s digital overhaul
Helps with risk management, AI, supply chain finance and biometrics.
Digital bank Lidya lands $6.9m funding
The latest round brings the bank’s total funding to $8.2 million.
Former MD of Metro Bank preps new SME challenger
New UK-based bank to be called Recognise.
RPA specialist WorkFusion raises more funding
WorkFusion’s aggregate funding now exceeds $120 million.
US banking app CapWay readies to launch
Targeting millennials who are either underbanked or uncertain.
Germany’s largest private and commercial bank launches
Merger of Postbank and Deutsche Bank’s private and commercial clients business has concluded.
Interstellar crypto exchange sets its sights on the stars
Cameroon-based firm offers a Proxima Centauri update.
