SoFi reportedly cutting 65 jobs from mortgage division
The Wall Street Journal reports the firm is looking to make its mortgage process more automated.
Partnerships
Moven lands investment from SBI, ponders bank acquisition
SBI and Moven to set up a joint venture to bring the latter’s tech to Asia and Asia Pacific.
Cambridge Blockchain and IHS Markit target KYC market
Will offer integrated reference data, operations and software.
Fintech in 2018 – collaborating for the future of fintech
How to ensure the success of innovative new solutions is assured.
Payments round-up: 30 January 2018
Featuring Vocalink, Shieldpay, Huawei, UnionPay, Pelican, PaymentComponents, Infosistema and Banco BAI Europa.
Volante and BNY Mellon team for paytech innovation
To enable real-time payments in the US and internationally.
Payments round-up: 26 January 2018
Features Alipay in Israel; ABN Amro and Payconiq ending talks; and Apple’s Business Chat.
Payments round-up: 23 January 2018
Features DBS Bank, Xero, WeChat Pay and Bank of America Merrill Lynch.
Open banking: what you need to know
The landscape for financial services is changing, and the jury is still out on how the endgame is going to play out.
How can insurtech ramp up your firm’s digital renaissance?
Explore the crucial elements of an effective digital strategy.
Working together: how partnerships are paving the way for insurtech
A chat with Jennyfer Yeung-Williams, head of UK and European partner engagement at MunichRe Digital Partners.
Close to you – how white-label partnerships will continue to evolve
They have deepened and broadened, now covering more services than have been traditionally associated with the term.
Visa pilots new biometric payment card
With Mountain America Credit Union and Bank of Cyprus for a new EMV dual-interface card.
Payments round-up: 11 January 2018
Featuring lots of partnerships – with Ripple, MoneyGram, Worldpay, Iyzico, MSTS and Apruve.
Payments round-up: 10 January 2018
With special guest stars Worldpay, Como Global, Mastercard, Here Technologies, Dream Payments and Wirecard.
When it comes to regtech, going it alone isn’t an option
Collaboration is the name of the game for regtechs trying to get ahead, according to Chris O’Driscoll of PA Consulting.
Insuritas launches i-Insure platform with property and casualty carriers
Insuritas has launched its i-Insure platform with 42 auto and home insurance carriers in the US.
Credit Karma teams with American Express to offer advance tax refund
With the new GOP tax law in place, Americans have begun thinking about 15 April – the tax filing deadline.
Microsoft is a “deeply open source company”, says Azure CTO Mark Russinovich
Get used to the idea of Microsoft embracing open source.
Ripple to launch Infrastructure Innovation Initiative
Ripple is taking “the next logical step to help build the internet of value”.
Bluefin buddies up: Decryptx P2PE network grows to 50+ connected partners
Bluefin Payment Systems’ point-to-point encryption network Decryptx has onboarded new partners.
Fintech trends 2017: blockchain, big data… what’s next?
2017 ends with the Bitcoin having surpassed the $19,000 mark. Could this perhaps be a taste of our future?
Blockchain and Bitcoin round-up: 11 December 2017
Featuring the Gibraltar Parliament; Cboe Global Markets; and Waves Platform, Ethereum and Deloitte teaming up.
FI.SPAN partners with Beanworks to build B2B payments hub
FI.SPAN will provide pre-integrated third party fintech solutions into the hub.
Fifth Third Bank chooses FIS for real-time payments
US-based Fifth Third Bank has chosen FIS to enable real-time payments (RTP) for its customers through The Clearing House’s (TCH) payments system.
Startupbootcamp launches Scale innovation programme for start-ups
Startupbootcamp has unveiled the launch of Startupbootcamp Scale, an innovation programme for growth stage start-ups in emerging markets.
Klarna to fuel payments for Worldpay
Worldpay and online payments firm Klarna are joining forces. Worldpay clients in Austria, Finland, Germany, the Netherlands, Norway, Sweden, and the UK will be able to use Klarna’s invoice and credit-based payments.
Convenience versus control: getting the balance right
Nick Kerigan, MD of Future Payments at Barclaycard, looks at how innovation is helping the payment industry to balance offering seamless payments with keeping people in control of their money.
Cybersecurity needs to be a global and coordinated effort
Recent cyberattacks, such as the October 2017 Swift attack, show how vulnerable financial firms across the globe are to the machinations of hackers.
Blockchain and Bitcoin round-up: 29 November 2017
Bitcoin high, Russian firsts, trade finance digitisation, US moves, and an interoperability alliance. Another day of action in the busy blockchain and Bitcoin world. Features Sberbank, IBM, Infosys Finacle, BitFlyer and the Blockchain Interoperability Alliance. Doubt you missed it, but Bitcoin has reached an all time high of $10,000. We were inundated with similar comments […]
Payments round-up: 29 November 2017
No quiet days, and no respite from the action. Our latest paytech round-up stars Instarem, Form3, Starling Bank, Optile and Worldpay. Singapore-headquartered start-up Instarem has expanded into Malaysia, “solidifying its presence” in Asia Pacific (APAC). The firm already has individual and corporate customers in Singapore, Australia and Hong Kong. Instarem says it has licences in […]
Microsoft and SAP expand HANA and Azure partnership
Microsoft and SAP are expanding their current cloud partnership to include additional support for SAP software running on the Azure public cloud. The two companies also plan to use each other’s applications internally, reports Enterprise Cloud News (Banking Technology’s sister publication). The expanded partnership coincides with Microsoft’s biggest rival for public cloud – Amazon Web […]
Passport to success: optimising treasury technology in the connected age
To reap the real benefits of technology, treasurers should be thinking about an extended journey, not a day trip.
VMware and Amazon grow hybrid cloud tie-up
VMware and Amazon Web Services (AWS) are expanding their hybrid cloud partnership to run VMware workloads at “very large scale” on AWS, a VMware executive says. VMware is launching new tools for migrating and scaling production applications to AWS, as well as business continuity and disaster recovery services, reports Enterprise Cloud News (Banking Technology’s sister […]
BehavioSec’s behavioural biometrics right match for Crossmatch
BehavioSec has partnered with identity management firm Crossmatch in a deal that will add keystroke capture to Crossmatch’s composite authentication platform, DigitalPersona, reports David Penn at Finovate (Banking Technology’s sister company). “We selected BehavioSec’s platform because they are singularly focused on behavioural biometrics and have well-established and proven technology that already serves more than 35 million end […]
Earthport expands to Bangladesh to deliver cross-border payments
Earthport, a cross-border payments service provider, has partnered with BRAC Saajan Exchange, the payments arm of BRAC Bank, to deliver cross-border payment services into Bangladesh.
Debunking six myths on regulatory sandboxes
We are living through a period of unprecedented innovation in finance, and regulators know they need to adapt to keep up with the fast pace of change. To understand and manage the risks posed by new products, services, and business models, many financial authorities are setting up regulatory sandboxes or reglabs.
Wealthtech: a market poised for extended growth
Rapid changes are occurring in the wealth management space and the level of disruption in how advice and capital are managed is only beginning. Wealth management is a monumental industry. The players in the space run the gamut from gigantic hedge funds to individuals who manage their own investments. This changing wealth management landscape is driving a significant uptick in transactions.
Fintech alliance round-up: 23 November 2017
It’s that time again where alliances are formed and friendships are made in our latest co-operative filled round-up. Featuring the Monetary Authority of Singapore, Abu Dhabi Global Market, Dubai Financial Services Authority, Australian Securities and Investments Commission, and Iran and Malaysia planning to establish banking ties.
Payments round-up: 23 November 2017
Coming straight after yesterday’s (22 November) summary, we present another brief payments round-up. Features Starling Bank and Yoyo Wallet getting loyal; chatty PayPal and Facebook Messenger; token time with Sequent and Interac; and Wirecard working with Capital Float in India. UK challenger bank Starling has teamed with Yoyo Wallet, a mobile payment and loyalty marketing […]
