Insurwave onboards Xceptor to digitise insurance documents
Xceptor uses AI to to extract and transform any type of data from any source.
Europe
Three lessons traditional banks can learn from their younger siblings
Teamwork, transparency and creating a competitive culture is key.
Ipagoo enters administration
This was to protect the interests of Ipagoo’s customers.
UBS partners with BizEquity
UBS’ wealth management arm can access BizEquity’s database of businesses and valuation information.
KKR to acquire majority stake in Heidelpay
The CEO of Heidelpay will remain as a long-term shareholder.
Big banks are driving fintech to the mainstream
And it’s happening faster than you think!
Crealogix moves to SaaS model
Profits have fallen but sales increased to over $100 million.
Nationwide to open innovation centre in London
The London facility will accommodate around 1,000 workers.
Are non-bank payment service providers doing enough to protect customers’ funds?
Some heady advice for non-bank PSPs to avoid regulatory action.
Blockchain-focused challenger Bitwala raises €13m
The Berlin-based bank is now looking into expansion.
Banca Popolare di Sondrio adopts InstaPay
“Immediacy is the new standard demanded by users.”
Code Investing launches instant decision SME loan portal
The online broker solution is a UK-first for loans up to £5 million.
FCA provides clarity on current crypto-assets regulation
To ensure firms know if they are authorised and compliant.
The importance of specialised standard software for MAD/MAR compliance
Experience and insights from three years of practical use.
Legal & General inks its first fintech partnership
It will help diversify its product offering.
Banks and TPPs agree joint approach to PSD2
A statement outlined their joint efforts to transition to new payment rules.
Gay is for life, not just for June
Fintech firms can and must do more.
SME lender B-North welcomes funding
Manchester-based B-North has applied for a banking licence.
StashAway snaps up $12m in Series B funding
Its latest round brings the total funds raised to date to $20.4 million.
Is the next fintech unicorn being built by ex-bankers in Poland?
Three Polish ex-bankers are building their own challenger banks in Poland right now, as you’re reading this.
Case study: why a banking service provider migrated to containers
Banking service provider figo builds a containerised infrastructure to meet goals for speed, scalability and security.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
Synechron launches new Libor impact analysis software
Its Accelerator uses data science to address the industry benchmarking challenge.
SquareBook wins FCA approval to offer IPO services
The company hopes to tackle conflicts of interest in the IPO process.
Spotlight: the Russian e-commerce cross-border market
Finding a niche for a foreign merchant in Russia.
Payconiq raises €20m for mobile payments development
The platform already has over 60,000 merchants in Benelux.
Revolut unveils free business accounts
Business plans can be upgraded or downgraded at any time.
Nationwide and ClearBank partner for new business account
The partnership will provide access to real-time payments.
Open Up Challenge 2020 launches £1.5m prize fund
Fintech innovators are encouraged to develop money management tools.
FIs choose Cloudera for digital transformation
Cloudera enables digital transformation for global financial services institutions.
AcadiaSoft announces technology partnership with CloudMargin
The firms collaborate to provide an industry solution for uncleared margin rules.
Lithuania seeks to attract more fintech firms
Thought leaders in Vilnius wish to increase their C-suite intake.
Hokodo awarded €2m by Horizon 2020
Only around 7.5% of the SMEs who enter are successful.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
Omni chooses TruNarrative to combat financial crime
The POS consumer credit company was seeking a future-proof solution.
Konsentus partners with Carta Worldwide for PSD2 compliance
The firm offers real-time TPP identity and regulatory checking services.
New challenger revverbank picks Fusion for core banking capabilities
The proposition will be underpinned by Microsoft’s Azure platform.
Friday the 13th is coming – is banking ready?
The deadline for PSD2 compliance is rapidly approaching – will your firm be ready?
Let’s work together
Bank-fintech collaboration should take priority on this year’s Sibos agenda.
Mastercard and Nationwide announce new partnership
Building society prepares to launch new business banking service.
