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The ID Co. lands $2m
Bringing its total funding to $11 million.
New regtech FrankieFinancial signs up Xinja and Novatti
Aims to solve $4 billion legacy systems overhead problem.
Santander Spain plans a large jobs cut
Around 10% of its total workforce in Spain.
Canadian CIBC launches platform for SMEs
It allows users to manage accounting and payroll insights.
ClickSwitch simplifies recurring payments with $13m funding
The Series B was led by Commerce Ventures and Point72 Ventures.
Nationwide, Investec and Co-op Bank share £80 million BCR grant pool
All three commit to modernise and improve business banking for SMEs.
ION Investment Group acquires majority stake in Acuris
BC Partners and Acuris management retain minority ownership.
Finastra’s Fusion LenderComm on blockchain signs up three new big banks
BNP Paribas, Natixis and Societe Generale join NatWest.
Business card management platform Pleo raises $56m
It follows last year’s $16m Series A.
Video: fintech news weekly round-up – 13 May 2019
This week, blockchain and crypto by big names like Facebook and Microsoft, among other news!
Two new next-gen banks to open in the US
Piermont Bank and Nexos National Bank.
Why retail banks should not be afraid of collaboration, even with tech giants
Collaboration for incumbents is the only way to catch up with the market and become truly consumer-centric.
New Medici Bank to harness technology to “reawaken” innovative spirit
A descendant of the Medici family sees future in Puerto Rico.
Top fintech stories this week – 10 May 2019
Deutsche Bank picks Red Hat, Orange acquires Secure Link, and much more!
Fintechs, there’s a tsunami coming; do you hear the sirens?
And I will be able to pay for a surfboard with my new Apple Card.
FinovateSpring 2019: Best of Show winners unveiled
This year’s Best of Show winners are truly in a class of their own.
Video: fintech news weekly round-up – 09 May 2019
This week, Mastercard, Facebook and many more!
Open Banking: much ado about a brave new world
The intent is revolutionary. The path is non linear.
Royal Banks of Missouri adopts POPi/o video banking
Community bank is an early adopter of collaborative video banking.
JP Morgan picks Bora to automate SUA B2B payments
Bora to provide advanced payment processing technology.
Hughes FCU picks Fiserv to go digital
It will also allow it to quickly implement new capabilities.
It’s time to disrupt “disrupt”
Fintech as an industry has a problem with language: namely, we don’t have one.
Supplement: FinovateSpring 2019
Read our free FinovateSpring Supplement, packed with fintech goodness!
Banking Technology May 2019 issue out now
Fintech with flourish. It blooms and blossoms.
Mastercard acquires Transactis to boost Bill Pay Exchange
Transactis makes digital payment services available to small businesses.
Three Canadian credit unions take Fiserv DNA
These are Carpathia Credit Union, Estonian Credit Union and Parama Credit Union.
To keep bigtech at bay, banks should see fintech as friend, not foe
In the face of mounting competition, financial institutions must go a step further to stand out from the crowd.
First Hawaiian stays with FIS but switches core systems
This comes despite the bank signing in 2015 with FIS’s fellow US heavyweight competitor, Fiserv.
The world of payments is well and truly open
Open banking and real-time payments are turning the traditional retail banking model on its head. Are you ready?
Pacific National to launch digital bank on Nymbus Banking-as-a-Service platform SmartLaunch
The bank hopes to be able to launch within 90 days.
JP Morgan and Microsoft join forces for enterprise blockchain push
Quorum to be made available through Azure Blockchain Service.
CBANC acquires Lendwell
Terms of the transaction were not disclosed.
Top fintech stories this week – 3 May 2019
May issue is out!
Blockchain-based ID verification system goes live in Canada
SecureKey’s Verified.Me is backed by several major financial institutions.
Broadridge acquires Rockall for securities lending
Financial details were not disclosed.
Nationwide invests in new payment request service Ordo
The direct payment app launches later this year.
You can’t always get what you want: digital misconceptions and alpacas
But if you try sometimes, you find, you get what you need. And need is bigger than want.
Is there a role for the branch in the digital world?
What will happen to bank branches as consumers increasingly go digital?
Seacoast chooses Talend’s data quality and compliance solution
Talend Data Fabric has streamlined review processes.
