TrueLayer unveils payments API
UK firm launches it in the name of open banking and PSD2.
Europe
Video: fintech news weekly round-up – 28 January 2019
Featuring LatAm, ING, Alipay and Square.
First Direct unleashes social media payments
Today is fdpay day as peer to peer payments are on the way.
Anti-fraud firm Featurespace gets £25m funding
To develop its AI capabilities.
Dutch start-up Bankingblocks out of the blocks
Wholesale banking provider launches across Europe.
Spanish neobank Bnc10 readies for launch
It’s already made its waiting list available.
Cyber risk crew Cyberhedge gets funding edge in Luxembourg
Luxembourg Future Fund provides support to boost nation’s tech scene.
Lendtech Pepper Money looks for UK banking licence
Its ambitions are nothing to be sneezed at.
SME lender Iwoca gets $7.5m investment from Augmentum
As part of a larger investment round.
Mastercard trumps Visa with £233m offer for Earthport
Visa had made a £198 million offer earlier.
Cognizant acquires Finnish IT firm Samlink
Will also build and operate a shared core banking platform for three companies.
Gamblers win with Experian affordability check
Can your customers afford to gamble?
UK payments regulator back with card-acquiring services review
PSR sets the final terms of reference for the final stage.
Banking Competition Remedies back for seconds
Second Incentivised Switching Scheme application window to open in June.
Shares plummet as Metro Bank misses profit target
That said, the profit before tax of £50 million is much better than 2017.
Growth Street gets £7.5m funding to grow lendtech business
Round led by Merian Chrysalis Investment.
Job losses loom as Santander closes 140 UK branches
Up to 1,270 staff could be affected by this wave of closures.
O2 Banking app enters Raisin’s world of savings
Bank will use Raisin’s platform WeltSparen in Germany.
FCA answers calls for cryptoasset clarity
UK’s Financial Conduct Authority goes consulting again.
MoneeMint picks Codebase for core banking
Utilising the funding it received in October 2018.
Lloyds to cut costs with Thought Machine platform move
Bank wants to transfer data to new core system – and job cuts also loom large.
BioCatch joins anti-vishing fight
WTF is vishing? It’s a type of authorised push payment (APP) fraud.
Wahey! Record payment volumes for Pay.UK
UK authority says automated payments hit an all-time high in 2018.
Nutmeg gets £45m support led by Goldman Sachs
And from previous investor Convoy, as it eyes Hong Kong expansion.
BNP Paribas Personal Finance in automotive drive with DealTrak
Presses accelerator on its UK sector ambitions.
Bankart to go live with Nets instant payments in Slovenia
It’s late but they now have got final approval from the Slovenian Central Bank.
Natixis reaps the wild Wynd for payments
Along with their partnership, Natixis is taking a stake in the French company.
EC fines Mastercard €570m for anti-competitive antics
Commission says firm obstructed merchants’ access to cross-border card payment services.
BlueCove signs up for Patronas compliance tech
The asset management firm is installing the OPUS system.
SBI fuels $15m funding in Tangem’s blockchain smart cards
Swiss firm plans to “bring blockchain to people’s everyday life”.
AXA Venture Partners gets $150m for fintech funding
Aiming to support start-ups and digital health firms.
ING Bank gets unlimited access to R3’s Corda
Unlimited (blockchain) power!
Insurtech Setoo takes off with Invia Flights Germany
After its platform launch late last year, start-up now gets first customer.
Dutch regulators call for crypto licensing system
AFM and De Nederlandsche Bank have regularly warned against cryptos and ICOs.
Social crypto trader Blockport sets sail
Integrated with mobile banking app Bunq.
AnaCap-backed paytech Heidelpay acquires Universum Group
Its fifth bolt-on acquisition since AnaCap’s initial investment in 2017.
French asset manager Amundi fully acquires Anatec
Buying the 51% stake it didn’t own.
Objectway nabs asset management software firm Algorfin
As it aims to establish its dominance in Italy.
Falcon Private Bank unleashes crypto transfers
Swiss bank offering selected cryptocurrencies for private and institutional clients.
Swiss fintech KiWi gets $3m funding for SME lending and payments
To expand in Mexico and neighbouring markets.
