Fraud foe Fraugster fetches $14m funding
Led by CommerzVentures, the venture capital subsidiary of Commerzbank.
Europe
Oracle and B-Hive call for fintech start-ups
Duo launches six-week programme for mature start-ups and scale-ups.
BBVA delivers first syndicated loan on blockchain
BNP Paribas and MUFG also participated in the deal.
TransferWise teams with Dutch digital bank bunq
International money transfer specialist has a new partner in Dutch challenger bank bunq.
UniCredit to launch new customer engagement tool from Meniga
Prototype has now been built and will go live in two months in Serbia.
Three UK and Meniga team for Wuntu Money app
Exclusive from Meniga’s FIN42 event in Iceland.
Openbank picks AxiomSL for regtech reporting
Includes central bank, trade and transaction reporting.
Fidor splitting from France’s BPCE
Allegedly due to lots of business clashes and drama.
Cash management app Slide glides into the market
So SMEs can take control of their finances.
Lloyds axing 6,000 jobs and creating 8,000 new ones
On the back of its digital revamp strategy.
RBS tests its SME digital entity Mettle
New standalone entity is looking for early access applications.
London-based bank Dozens about to launch
Previously called Project Imagine.
Fintech Meniga gains new investor, Islandsbanki
Meniga has received a €3 million investment from Islandsbanki.
Credit Karma acquires Noddle to launch in UK
Financial health company is once again expanding with sixth acquisition.
Factris receives €1.5m funding and acquires Crown Finance
The firm offers factoring to small and medium-sized enterprises in Europe.
Fintech Sharegain raises $5m and rolls out securities lending platform
It has raised a total of $12m so far.
N26 and Rasa to launch extra languages and features for its chatbot
N26’s chatbot is already live in English in both Facebook and Salesforce.
Mobile banking case study: Alfa Bank Belarus
How Alfa Bank Belarus tripled the number of retail banking customers by embracing mobile.
Cyprus to unleash blockchain and fintech development
VeChain Foundation, Cream and Invest Cyprus will establish a blockchain framework for Cyprus.
Natixis signs up with Fenergo for client management
Fenergo CLM will be rolled out across Natixis’ Corporate and Investment Banking division globally.
Top fintech stories this week – 2 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
European Banking Federation calls for reporting regulation review
Current regulation makes reporting inefficient and discourages communication, EBF says.
Vizolution evolves with £10m funding from three major banks
Santander, Royal Bank of Scotland, and HSBC supporting the Wales-based tech supplier.
Deutsche Börse and RegTek.Solutions join forces for regtech initiative
Certified testing and pre-validation service for clients of Deutsche Börse’s Regulatory Reporting Hub.
Lloyds customers leverages Open Banking for iwoca loans
Integrations with Barclays, HSBC, RBS, Santander and others are imminent, iwoca says.
ABN Amro gets payment innovation infrastructure with ACI Worldwide
The bank hopes to achieve cost savings by migrating to a more cost-efficient IT platform.
UK challenger bank MoneeMint secures funding
Aspires to be the UK and Europe’s first completely digital ethical bank.
Monzo closes £85m round as it plans more crowfunding
In its quest for a £1.5bn valuation.
Auka launches Settle for cross-European payments
Bringing the Nordic model to Europe.
Freetrade set sails for early access roll-out
Founded by André Mohamed and Adam Dodds.
Insurtech omni:us closes series A funding round
Berlin-based insurtech omni:us brings its total funding to $22.5 million.
AbiLab and Italian banks to lead REDFin cyber defence initiative
Europe’s Readiness Enhancement to Defend Financial Sector (REDFin) project aims to protect banks from cyberattacks.
BGL Group acquires PFM app Bean
BGL will buy Saverd, the company behind personal finance management (PFM) app Bean.
Digital disruption is shaking up the worlds of watchmaking and finance
The Swiss watchmaking and finance industries will need to draw on their own heritage to respond to digital disruption.
Hauck & Aufhäuser launches robo-advisor Zeedin
Zeedin was built together with digital banking tech vendor Crealogix.
Deutsche Bundesbank and Deutsche Börse blockchain tests deliver promising results
The prototypes support the settlement of securities transactions and payments at the maturity of a bond.
Top fintech stories this week – 26 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Yoyo Wallet lands $30m deal with Hard Yaka
UK payment and loyalty app Yoyo Wallet entered into a major partnership agreement.
Erste and Asfinag team for blockchain-based capital markets tech project
The first end-to-end digital issuance of a debt financing instrument in Europe via a blockchain platform.
Futrli lands £4m funding in Series A round
Futrli was born from its founder’s “own typical experience as a small business owner”.
