Tink secures strategic investment from PayPal
The investment from PayPal adds $11.2 million to Tink’s capital.
Banking
Mastercard unveils new Open Banking Solutions
Several partners in the UK and Poland intend to activate the suite.
BBVA selects NetApp as a strategic partner
BBVA will make NetApp a priority technological partner to become a more flexible and scalable digital bank.
Starling partners with paytechs Tribe and PelicanPay
Tribe launched at Money 20/20 Europe with UnionPay International deal.
Grasshopper Bank opens for business with digital focus
For its technology, the bank opted for Temenos’ T24 Transact core banking system.
Bank Leumi, CIBC and NAB launch online portal for fintechs
The platform provides a simple and easy process for fintechs to help connect them into the bank.
Mastercard announces next generation fintech accelerator
Accelerate 2.0 includes Global Reach service.
Strands strikes digital banking deal with Tech Mahindra
The IT services and consulting firm will leverage Strands' AI- and big data-powered tech.
BlueVoyant gets $82.5m funding for cybersecurity analytics
Bringing the total funding to $207.5m.
Top fintech stories this week – 31 May 2019
The first Amadeus event on payments, a new Indonesian payment standard, and more!
White paper: How to drive business impact with payments
Download this free white paper to learn about how payments can improve your business.
SoFi confirms $500m investment led by Qatar
SoFi’s total capital now stands at $2.3 billion.
Step and Kard target teen market for banking
Both banking apps have launched their waiting lists.
On becoming, and the burden of experience
Experience means you no longer have excuses for not doing the things you know need doing.
River Valley Community FCU becomes first in Arkansas to adopt POPi/o video banking
The credit union has more than 7,200 members.
Case study: ATB Brightside – shining a light on digital banking
All about the new challenger bank in Canada and its tech.
New APP scam protection code comes into force
Victims now more likely to get their money back.
Zero closes $20m Series A to serve 200,000-strong waitlist
Offers a combination of debit and credit card.
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Deutsche Bank’s suspicious transaction reporting hit by software glitch
The problem has prevented flagging for almost a decade.
The profound romance of plumbing and core banking infrastructure
What if, by treating the core capabilities as utilities we could totally change the game?
Allegacy FCU takes Fiserv core and other applications
The institution is understood to be replacing FIS’ old Miser system.
DevOps firm CloudBees gets capital injection from HSBC
HSBC uses CloudBees Core platform for its software delivery system.
TransferMate lands major deal with WellsFargo
The financial details haven’t been disclosed.
Money transfer app Pangea looking to offer checking accounts
More firms are looking to jump into the challenger bank world.
Video: fintech news weekly round-up – 20 May 2019
Fintech investments, and how Brits use fintech services!
TransUnion acquires TruSignal
Financial details remain undisclosed.
Major banks pledge $50m to develop digital cash settlement system
The names of the banks have not been disclosed.
ATMs decline for first time as cash demand falls
But ATMS are on the rise in developing markets.
BNP Paribas makes a Magic Leap to teleportation meetings
Meetings can be held via hologram in five locations.
OpenFin raises $17m for financial desktop innovation
This brings OpenFin’s total funding to $40m.
Banking on CX leadership?
Practical steps and examples of how to deliver differentiated, superior customer experiences.
Five banks fined €1bn for rigging foreign exchange market
UBS escaped a European Commission penalty after exposing the cartels.
White paper: Shapeshifting – a look at the evolving landscape of cross-border payments
Discussing consumerism, PSD2, managing risk and the power of digital ecosystem.
Q2 and ALTR leverage the blockchain to boost data security
The new technology, Q2 TrustView, powered by ALTR, adds to Q2’s approach to data management and protection by mitigating security breaches in real time.
Top fintech stories this week – 17 May 2019
SoftBank’s big investment, as well as BCR’s pool B… and more!
Zenus Bank launches aiming to serve global clients
The US bank holds an international license.
KOHO closes $42m for alternative fintech
Led by Portag3, who supported its Series A.
Appian World 2019: why banks need low-code tech
Revolutionising call centres, and harnessing AI to address challenges such as the demise of Libor.
