Charity Bank in core banking tech overhaul with Apak Group
Finastra’s legacy Bankmaster core banking system out, Apak’s Aurius in, at Charity Bank.
Europe
Santander and LSE instrumental in Nivaura’s $20m funding
UK firm offers platform for the issuance of financial instruments on blockchain.
Julius Baer enters crypto arena with SEBA stake
Swiss duo plans tech bridge between traditional and digital assets worlds.
Rosbank gauges customer emotion with Neurodata Lab
Every phone call will be analysed – even more.
Bank of Ireland unveils €2bn Brexit fund for SMEs
“Brexit isn’t ‘business as usual’.”
M&S Bank sparks open banking life into mortgages
Marks & Spencer’s stylish entity teams up with Equifax and AccountScore.
Blossom Capital brings $85m tech fund to Europe
New fund will pay special attention to reviewing female-pitched ideas.
Cyberattack keeps Bank of Valletta off grid
Maltese bank still dealing with cyberattack and theft of €13 million.
Planixs receives £3.5m funding for better banking tech plans
The UK-based firm will expand its cloud-based solution Realiti.
Alpha-Cash acquired by heidelpay for PoS action
Following the acquisition of PayLater and Universum.
Europe’s army of fintech start-ups
How European fintech start-ups are competing for a market share.
UK’s Southeast Financial Services unveils SmartRemit app for Bangladeshi expats
London-based subsidiary of Bangladesh’s Southeast Bank rolls out beta version.
Video: fintech news weekly round-up – 25 February 2019
Metro, Starling and ClearBank get the RBS grant, South Korea plans fintech push, and more.
French card firm Evolis creates Japanese subsidiary
The company is aiming for a long-term presence in the country.
OakNorth in the clear with ClearBank payments tech
Those UK challengers are up to something.
NatWest unveils bank account aggregator
Its “first real-life customer feature using open banking”.
UK finance software firm Yordex gets £500k funding
Investment company Bloc Ventures takes a shine to its new adventures.
UK lendtech DivideBuy feeling spry with £60m funding
Firm offers interest free credit and plans to develop its tech.
Starling Bank promises 400 new UK jobs with £100m grant
UK challenger also pledges to invest £95 million of its own money.
Commerzbank completes securities transaction test on blockchain
Pilot with Continental and Siemens – and transaction based on R3’s Corda platform.
Hackers use fake Google reCAPTCHA to hide banking malware
Phishing campaign at Polish bank serves as a warning for us all.
SocGen mulls thousands of job cuts from investment unit
As it seeks to consolidate its brokerage business through a partner.
NSF makes £1.3bn takeover bid for UK lender Provident Financial
Non-Standard Finance makes unsolicited offer to buy its struggling rival.
Metro, Starling and ClearBank win RBS fund
The Capability and Innovation Fund’s first pool grants a total of £280m.
Top fintech stories this week – 22 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
New ECB guidelines extend active monitoring to intraday liquidity – but are banks ready?
The guidelines focus on financial institutions’ internal capital and liquidity adequacy assessment processes.
StanChart braces for $900m fines over US and UK banking issues
Bank sets aside money for potential penalties over FX and crime controls.
Moneytrans building European neobank for migrants
The money transfer company is looking for developers in Spain.
FCA shows iron fist for anti-competition in asset management
Three firms have been declared in breach of the UK authority’s regulation.
Capitalise captures £3.5m funding
UK firm helps accountants provide advice for their clients.
Challenger banks in Spain: who’s who (and what’s their tech)
A list of the known challengers to date and the technology they are using.
PSD2 goes live in Netherlands
The Dutch Central Bank is welcoming applications to use this regulation.
Wirecard brings Chinese payments to Austria
Alipay and the like will be offered at 150 businesses in the beginning.
UBS found guilty in France for aiding tax evasion
UPDATE. The bank has said it will appeal the decision.
Falcon Private Bank flies away from UK nest
Bank departs and sells assets of London-based subsidiary to Dolfin Financial.
Data intel firm GBG acquires IDology for $300m
UK firm buys identity verification and fraud prevention specialist for American dream.
Crypto, tax and HMRC – making sense of new UK guidelines
Each case will be looked at individually to understand the true nature of the transactions.
Danish and Estonian regulators under EBA investigation over Danske incident
The bank has also closed its Baltic and Russian operations.
Coinbase acquires blockchain intelligence platform Neutrino
Crypto exchange seeks better analysis of data on public blockchains.
LGT completes Avaloq roll-out across group
Austrian deal means all LGT’s main markets share this core system now.
