Open banking: growing in customer trust in 2019
By 2022, the open banking market could be generating £7.2 billion in value.
Europe
Solera buys Nordic insurtech in4mo Oy
Texas-based firm plays it cool when it comes to what it paid.
Nets pushes into Poland with Przelewy24 and DotPay/eCard acquisition
Nordic firm has acquired 51% stake in the consolidated payments group.
Euronext ups Oslo Stock Exchange offer to $790m
What a saga! The battle in Norway against Nasdaq continues.
Bnext aims to be Spain’s Monzo
Bright pink cards are certainly appealing.
2gether Global preps open beta beyond Spain
The “banking platform” has now released some of its promised features.
Citi and HSBC capitalise on Capitolis FX tech
Streamlining the novation processes.
Visa fights back against Mastercard with £247m Earthport offer
Payments firm Earthport is being fought over by two well-heeled lovers.
Ursa Finance bears down on UK challenger banks
UK challenger wants to de-automate banking.
SoftBank leads $440m funding round in UK challenger bank OakNorth
Plans expansion in North America.
Announcing Genome beta launch at White Nights Berlin 2019
Genome opens for public beta in Berlin on 12 February 2019 introducing a unified finance ecosystem like no other.
Deutsche Bank gets collateral tech from CloudMargin
“The first time a tier one bank will use a public cloud-based for collateral management.”
Innovating at scale: to compete with fast-rising challengers, banks need to gain agility
How large established financial brands can draw lessons from challenger banks’ customer-centric success.
Sberbank and 500 Startups IT Demo Day: blockchain cuts little ice in Moscow
They favour AI, ML and cybersecurity, which they believe hold greater appeal to investors.
Banco Best and Credit Suisse bring DLT to fund transactions
Putting the fun in FundsDLT.
Oney Bank is Well into Wirecard for biometric payments in Romania
Consumers will be able to pay with the app in over 30 stores.
Lloyds unleashes open banking app
Follows in the wake of Barclays.
SIA blockchain sureties a sure thing in south Italy
“The first blockchain project in Italy to manage sureties.”
E-commerce: the biggest overseas markets for UK consumers
Consumers in the UK buy a higher proportion of goods from overseas than almost any other wealthy country.
Wirecard reveals investigation into accounting allegations
The firm had previously called reports “inaccurate, misleading and defamatory”.
BBVA psyched up for $5m DataSine investment
Bank’s Propel Venture Partners invests in psychology/ML tie-up business.
Swiss stock exchange’s blockchain bourse delays launch
SDX trading platform now coming in the second half of this year.
API platform Tink raises €56m and expands in Europe
Now coming to countries like the UK and Spain, among others.
Unite Global partners with WOCU for centralised currency
EXCLUSIVE. An electronic currency to support its payments platform for trade and settlement.
Barclays has nod and Bink for loyalty programmes
Barclays leads an investment round of £10 million into the start-up.
UK and Canada unveil tech innovation competition
Open to ideas in artificial intelligence, internet of things, blockchain and cybersecurity.
UK regulator urges vigilance over investment scams
Last year was a shocker. Action Fraud reveals over £197 million of reported losses.
NatWest and RBS tap FreeAgent for SME account feeds
“A first for accounting software in the UK.”
Facebook buys blockchain firm Chainspace
It may be looking to move towards the payment space.
PXP Financial lands to offer payments for merchants
UK firm aims to expand to capital management.
Savings start-up Moneycado fires up for travellers
UK firm says it is building the world’s first savings account for travel.
Raisin caught raising $114m for savings quest
Series D brings total amount raised to $200m.
Nordea turns to Divido platform for lending push
Bank will license platform to deliver point-of-purchase finance to retail merchants.
Phoebus Software wins new client in lending space
UK-based Business Lending Group signs a five‐year contract.
Digital Isle of Man unleashes blockchain office and sandbox
No plan is an island.
SME finance app ANNA gets £8.5m funding
New investment comes from Kinetik.
Kraken acquires UK trading platform Crypto Facilities
No specifics but it is a “nine-figure deal”.
Funding Options launches in Netherlands with ING
A partnership six months in the making.
Bsurance receives $4m funding and eyes move west
Investment led by Uniqa Venture to expand in Europe.
JP Morgan takes minority stake in Smart Pension
UK-based pensions provider has now raised a total of £50 million in funding.
