Fraudsters target BMO and CIBC’s Simplii Financial
Alleged to be in possession of customers’ personal and financial information.
Digital
Goldman Sachs heads $250m funding round in Tradeshift
Firm says its valuation now stands at $1.1 billion.
Disruption on its way, are banks ready?
A disruption is typically an opportunity long before it becomes a threat.
US banking app CapWay readies to launch
Targeting millennials who are either underbanked or uncertain.
Mortgage tech firms Blend and Ellie Mae team up
Blend will leverage Ellie Mae’s electronic disclosure delivery.
Four key takeaways from FinovateSpring 2018
FinovateSpring is always one of our most fun events every year.
Criminals capture $1.2bn in cryptocurrency since 2017
Anti-Phishing Working Group reveals the danger… and damage.
PayPal and Google Pay deepen payments relationship
More payment options across the Google ecosystem are on the way.
Wealthtech firm WeInvest raises $12.3m, Schroders among investors
The financing comes from angel investors and Schroders.
Infographic: the generation game
Sainsbury’s Bank examines the financial habits of different generations.
Top fintech stories this week – 25 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Mitek acquires AI firm A2iA for $49.7m
US-based digital identity verification company bolsters its capabilities.
Infographic: card fraud – is biometrics the missing piece of the puzzle?
Thumbs up as Fingerprints is on hand to help with some pointers.
Deutsche Bank to cut 7,000 jobs
One in four jobs in its equities sales and trading business to go.
GoodData launches Spectrum UI tools
Data analytics and insights company adds some more colour.
identitii teams with RPA firm Blue Prism
Will design tech to digitise and automate corporate payment and trade transaction processes.
Hometap raises $12m to buy a piece of your home
US firm invests in a person’s home with a minority stake to give them a cash infusion.
Capitolis unleashes FX novation service
In partnership with Citi, HSBC, BlueCrest and Brevan Howard.
Personal Capital lands $15m credit extension
Gets money from Silicon Valley Bank.
Tango Card rewarded with $35m funding
Digital Rewards-as-a-Service platform does a merry dance.
CrowdFlower becomes Figure Eight for AI trait
US firm hunts out opportunities in artificial intelligence and machine learning.
Four Finastra’s a jolly good fintech fellow
And so say all of US. (Well, four firms do.)
Samsung opens AI centres in UK, Canada and Russia
To explore the potential of user-centric AI and IoT action.
Dead fintechs don’t wear Plaid
Shy US app provider expands to Canada.
Infographic: GDPR Article 30 – where to start and how automation can help
Compliance and risk management solutions provider Opus offers help.
Kabbage plans payment processing by year end
To help it compete with ever-rising fintech giants such as PayPal and Square.
Tradeshift Pay to take the pain from supply chain
Cloud platform will bring together supply chain finance and blockchain-based payments.
Flywire’s invoicing service emerges from beta
US company adds new international invoicing service to its offerings.
eToro in bullish mood with US cryptocurrency exchange launch
The firm will offer ten different cryptocurrencies.
Social media and fintech – what kind of relationship?
The future of banking rests on how AI can exploit social media to generate value.
Microsoft acquires Semantic Machines for conversational AI starter
Ambitions to make chatbots sound more human and less like robots.
Mastercard Accelerate-s search for fintech mates
New Accelerate initiative to offer tools, tech and investment.
Tavant and Freddie Mac team to simplify loan data submission
Digital mortgage tech vendor Tavant teams up with Freddie Mac.
Online lending 3.0 – how technology is changing the game
Success lies in a company’s “digital brain”.
POPin Video Banking and MEA in digital duet
Platform integrated into MEA’s Android and iOS apps.
Fintech funding round-up: 18 May 2018
Stars LendingPoint, Open and The Disruption House.
Infographic: the evolution of international money transfers
From the barter system to Bitcoin.
Envestnet | Yodlee, Quovo and Morningstar unite on SODA framework
A joint initiative in the US to support secure, open data access for consumers.
BBVA dream team unveils mobile banking platform in Mexico
Launch involved teams from Spain, US and Mexico.
Top fintech stories this week – 18 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
