iSignthis acquires core banking tech vendor Probanx for €400,000
iSignthis paid €300,000 in cash and €100,000 in shares for Probanx.
Outsourcing
TransPecos Bank launches new digital brand, outsources tech to Nymbus
The operations of BankMD will be outsourced to Nymbus via its SmartLaunch platform.
Infosys to acquire Fluido for $76m
Tech firm to buy cloud advisory and consulting services company.
SS&C to acquire fintech data provider Intralinks for $1.5bn
Acquisition brings cloud-based virtual data rooms for banking clients.
Case study: Live Oak Bank and Finxact – riding the second wave
The US, in particular, is in urgent need of new core offerings to support next generation digital banking.
Valley National Bank goes digitally deep with SAP and Axxiome
Oklahoma-based bank just can’t say no to a major revamp.
SynapseFI raises $17m in new funding
It’s making public what insiders have known for months.
Life’s Alight for Wipro with $1.5bn deal
Indian firm reveals record ten-year deal with Illinois-based Alight Solutions.
Dfinity raises $105m funding for blockchain supercomputer dream
Sees itself as “The Internet Computer”.
Kony partners with Payveris on digital money movement
Includes P2P and A2A payments, bill pay, and fraud mitigation.
NASA jets in to help Entrust Datacard security
Entrust’s authentication fuelled by Jet Propulsion Laboratory (JPL).
First Data teams with Ellie Mae for lending payments
Customers can accept payment for costs related to loan origination and processing.
Cloud finance platform Consero gets $50m investment
Boston-based BV Investment Partners invests in Texan firm.
MUFG Union Bank picks FIS Profile core banking system
EXCLUSIVE. The final was a duel against Temenos’ T24.
First Federal Savings Bank outsources core and digital banking tech to COCC
Ohio-based First Federal Savings Bank implements new core banking, digital and mobile software.
TradeIt teams with IBM Cloud for Financial Services
Will help developers add universal brokerage functionality to financial apps, platforms, and websites.
EY finds $1bn for fintech foraging
Investment plans in cyber, risk management and cloud-based tech.
Oracle cloud left fuming over Firefighters’ Pension Fund lawsuit
Claims Oracle misrepresented true drivers of its cloud revenue growth.
Q2 to acquire Cloud Lending Solutions
Digital banking solutions provider loves the lending look.
Microsoft unveils Ethereum proof-of-authority on Azure
Suitable for permissioned networks where all consensus participants are known.
Varo Money selects Temenos for core banking
EXCLUSIVE. T24 is starting to break into the US.
Your Legacy FCU moves to Fiserv core system
Ohio-based credit union moving to Portico core system.
PayStand enters integration land with Xero
B2B payments platform buddies up with cloud accounting firm.
Blockchain record-tracker Factom gets $6m investment
FastForward Innovations shows interest in blockchain record-tracking company.
ICE is Bakkt to the future for digital assets
Intercontinental Exchange forms a new company.
Xero buys paperless accounting hero Hubdoc
“Business has never been so beautiful.” Awww. Pass the sick bag.
Atos digital DNA drives revamp for insurer CNA
Love is in the air with new multi-year relationship.
Entrust Datacard acquires SMS Passcode
Entrust hopes to further establish itself in the authentication space.
CloudTrade secures £2m investment from Calculus Capital
Cloud-based docs are finally in demand.
Thomson Reuters Financial & Risk and Blackstone create Refinitiv
Will be a standalone company. And should lead to shorter headlines.
MBT Bank outsources core banking tech to Jack Henry
MBT Bank has signed for Jack Henry’s Silverlake (core banking) and Banno (online and mobile channels).
Gusto and Xero partner for payroll playtime
To enable Xero to provide full-service payroll in all 50 US states.
Analytics firm MapD launches latest platform version
San Francisco-based analytics and visualisation company stays fresh and juicy.
IBM docks with Banca Carige for $500m American JV
Looking to help Italian bank with AI, big data, analytics and cognitive tools.
Enveil unveils data defender tech
ZeroReveal Compute Fabric is revealed by cybersecurity firm.
Meridian Credit Union rushes to BlueRush’s IndiVideo
Meridian will use Toronto-based company’s digital marketing solution.
Top fintech stories this week – 6 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Inspire FCU to deploy Nymbus core banking solutions
Nymbus will replace 15 technology vendors in the process.
DefenseStorm goes down a cyber storm at NAFCU
US-based National Association of Federally-Insured Credit Unions makes its choice.
Are banks buying into public clouds?
Are banks at a turning point, or are there more important things to worry about?
