IBM docks with Banca Carige for $500m American JV
Looking to help Italian bank with AI, big data, analytics and cognitive tools.
Digital
Accenture to power RiskBlock’s insurance platform for blockchain
Accenture joins as lead framework architect.
BeSmartee and LoanFuel make mortgages mobile
LoanFuel will integrate BeSmartee’s technology into its mobile app.
Why we need a treasury function in cryptocurrencies
Treasury management is relevant to any entity that issues a controlled-supply token.
Mastercard and Strands join hands for SME payments
Will provide digital cash management and payment tools.
EQT to acquire Saxo Payments Banking Circle
Transaction is expected to close in Q4 2018.
Enveil unveils data defender tech
ZeroReveal Compute Fabric is revealed by cybersecurity firm.
Tradeshift meets its MakerDAO for blockchain payments
MakerDAO is creator of Dai, a decentralised stablecoin.
Meridian Credit Union rushes to BlueRush’s IndiVideo
Meridian will use Toronto-based company’s digital marketing solution.
Kleros teams with Market Protocol for decentralised derivatives trading
Another step for Kleros to build its dispute resolution infrastructure.
White paper: VirusTotal Intelligence for Banking Trojans
FREE white paper available for download!
Square no longer angling for US bank charter
Plans to apply later to the Federal Deposit Insurance Corp.
Quovo and Onist form honest financial partnership
It honestly happened in Canada.
Top fintech stories this week – 6 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Crypto gold rush: regulations and the next trillion dollar tug of war
Bitcoin won’t look anything like it is today. It will have a different name, if it exists.
Macro analytics firm Quant Insight feeling bright with funding
It has also expanded further into the US and Asia.
Canadian financial data firm Flinks fuels up with $1.75m funding
With Luge Capital making its first investment.
Between a rock and a hard place: navigating strategy conversations with cynics and pessimists
Spend time finding the right time to bring the cynics and the pessimists onto your journey.
Planck Re yanks in $12m for insurance plans
Israeli insurtech offers AI-powered commercial underwriting services.
Cyber solution provider ThetaRay gets $30m funding
Investment takes company’s total equity capital to more than $60 million.
Synchrony to buy PayPal’s consumer credit receivables
This frees up liquidity for PayPal. Hmmm?
Risk info provider TransUnion gets outstanding Iovation
Finalises its purchase of device intelligence company.
Additiv and Orange Business Services in juicy wealthtech hook-up
European robo-advisor Additiv makes its cloud-based tech available to banks and FIs.
Automation Anywhere scores $250m to globalise bot workforce
Its software robots can take over manual tasks such as insurance claims processing.
11:FS Podcast: death is no excuse
11:FS Fintech Insider podcast featuring FinTech Futures’ Tanya Andreasyan.
Veridium’s $16.5m Series B funding led by Michael Spencer
Other contributors include Citrix Systems and investor Michael Powell.
Inspire FCU to deploy Nymbus core banking solutions
Nymbus will replace 15 technology vendors in the process.
Assembler Labs aims to get Detroit entrepreneurs out of their shells
Start-ups are not being formed in Detroit at the same rate as other US metropolitan areas.
JP Morgan Chase’s mobile app Finn goes nationwide
Finn by Chase is designed for millennials in the US.
39 firms complete KYC trial on R3’s Corda blockchain
Four-day collaborative trial and 300 transactions.
Andreessen Horowitz unleashes $300m crypto venture fund
It’s called a16z crypto and seeks to tap into the latest craze.
Bento for Business raises $9m funding
The funding nearly doubles its total capital to $18.5 million.
Nok Nok. Who’s there? OneSpan
Security and esignature company teams with authentication firm.
Social savings firm InSpirAVE offers early access to platform
US firm unveils new look and multi-screen experience.
Sensory’s biometric tech powers 24 banking apps
Banks iclude Alior, Axis, Banorte, ICICI, Maybank, Mizuho Bank, and Qatar Islamic Bank.
DefenseStorm goes down a cyber storm at NAFCU
US-based National Association of Federally-Insured Credit Unions makes its choice.
Top fintech stories this week – 29 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Yet, blockchain hasn’t provided business with real benefits. Why?
In reality, most blockchain attempts end up with failure. What’s the problem?
US mobile app Mezu fires up with privacy promise
Lets people give and get money without sharing personal information.
US mobile start-up AeroPay preps for lift off
Chicago fintech firm will launch beta version soon.
