Top fintech stories this week – 16 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Digital
The emerging landscape of fintech regulation
Just passing laws will not work to control fintech. Regulators will have to be much more pro-active.
Automation Anywhere going somewhere with $300m funding from SoftBank
RPA firm gets support from SoftBank Vision Fund.
Barclay Simpson: Growth Versus Governance
Some fintechs may feel corporate governance is a barrier to growth.
Canada, UK and Singapore prep for blockchain-powered payments
Central banks and regulator reveal heightened interest and assesses alternative models.
Revolut to get $500m boost from Softbank
To enable US expansion.
Mastercard leads $16.5m funding round in Mobeewave
Series B round also includes support from NewAlpha and Forestay Capital.
White paper: Modernise core banking
How to deliver true digital customer experience.
Lighter Capital increases funding limit to $3m
US firm will provide start-ups working capital in exchange for 2% to 8% of their business’ future revenue.
Prosper plans HELOC product launch in 2019
New digital Home Equity Line of Credit product is on the way.
Bain Capital Ventures nets $1bn funding for new round of tech bets
Its current portfolio includes companies focused on infrastructure software, security, commerce and fintech.
I love what you’ve done with the place: digital transformation beyond the real estate
Stay focused on the business and don’t become too attached to the wallpaper.
Cloud security firm Netskope is dope with $168m funding
Massive round led by Lightspeed Venture Partners.
Paytech Poynt scores NAB points with $100m funding
Series C raise includes Elavon and National Australia Bank.
Lendtech SoFi flying low as losses linger
US firm has lost money for the second consecutive quarter.
Finablr takes majority stake in digital gifting firm Swych
Payments and foreign exchange solution platform boosts its stake in the firm.
Simple appoints former Amazon exec as CEO
David Hijirida is replacing Dickson Chu who was temporarily working as the interim CEO.
Goldman Sachs acquires financial modelling firm ClearFactr
Bank boosts tech capabilities with purchase of one-man operation.
eToro launches GoodDollar for social good
Seeks to reduce income inequality with a new cryptocurrency.
Independent Community Bankers of America launches fintech accelerator
It thought about it… then unleashed ThinkTech with the Venture Center.
Top fintech stories this week – 9 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Five considerations for a successful rebrand
Rebranding is a self-discovery and reflection process, and as much about the journey as the destination.
Tips to enhance banking websites and turn them into growth engines
Most banks require a digital strategy wherein the websites are turned into a proper sales machine.
US community banks forge Alloy Labs Alliance
“No bank wants to be the next Sears.”
JP Morgan finds nice match in fintech Wematch
Trading tech firm Wematch will join in-residence programme.
CardFlight partners with Payscape for merchant base race
Payscape will offer CardFlight’s SwipeSimple tools.
Canada’s Zag Bank to be canned
Bank’s shareholder Desjardins Group targets Q2 2019 ending.
IBM shows off three new bank clients
Bank Zero, Caixa and KB Kookmin are all up for IBM Z or LinuxONE.
A two-speed journey: the impact AI and robotics will have on financial markets
Emerging technologies have the potential to revolutionise existing processes.
HSBC Bank USA hit by data breach
Data stolen includes full names, account numbers and transaction history.
Crypto bank Nebeus raises £1m funding
Plans for expansion into Europe, Asia and South America are underway.
Webinar: Customer-centric transformation in digital account opening
Join us on 27 November for a live webinar with OneSpan!
Visa and Billtrust team to digitise US B2B payments with Business Payments Network
Visa and Billtrust have joined forces to develop Billtrust’s Business Payments Network (BPN).
HSBC and ING in industry-first blockchain trade finance transaction
HSBC India, ING Bank Brussels, Reliance Industries and Tricon Energy experiment with blockchain.
Gusto teams with ScaleFactor to automate accounting for SMEs
Gusto business users can sync payroll and benefits directly with accounting and financial data.
Laureate turns to AlphaPoint for blockchain-based asset management tech
Laureate’s asset digitisation, investor portal, and secondary trading will rely on AlphaPoint’s technology.
Quadient’s new tool accelerates insurance claims process
Quadient Correspondence is a new subscription-based, Software-as-a-Service (SaaS) solution.
Braintree adds Samsung Pay option for US merchants
PayPal-owned Braintree will integrate with Samsung Pay.
White paper: The ROI of Omni-channel Digital Banking
How to calculate the ROI in digital channels the right way.
Citizens Bank pioneers SigFig’s new wealthtech for financial advisors, CoPilot
SigFig unveils CoPilot, a digital wealth management platform for financial advisors.
