MarkitSERV to replace Libor in derivatives markets
IHS Markit’s trade processing service enjoys a win.
Europe
UK’s Nationwide invests in AI regtech Hazy
The second investment in its £50 million Venturing Fund.
UK regulator wants end to payments conduct unbecoming
FCA wants to improve conduct standards and communications in paytech.
Bancomat to unleash digital payments in Italy
Bancomat Pay will integrate SIA’s Jiffy service.
UK payments start-up ApTap readies to bootstrap
Fintech challenger founded by Imperial College London graduates.
Entrust Datacard acquires SMS Passcode
Entrust hopes to further establish itself in the authentication space.
Outsourcing to the cloud: the impact of the EBA recommendations
The lowdown on the impact on financial institutions and cloud service providers.
Portugal unveils fintech innovation lab
Meet Portugal FinLab.
UK leads the way with record $16bn fintech investment
KPMG report highlights state of affairs in UK and Europe.
Legal & General invests £3m in lendtech Smartr365
UK Software-as-a-Service company gets a cash boost.
Barclays battered in Current Account Switch Service contest
Latest CASS figures reveal the winners and losers.
MyFirmsApp on best behaviour with messaging app
Staying smart for the UK’s smartphone soft spot.
TransferMate finds €21m investment mate in ING
They want more SME customers and corporate clients.
GMEX takes gold-coated stake in Usave Blockchain
All part of a plan to build a digital exchange for physical gold.
Poland’s Horum Bank readies for launch abroad
Seeking a licence from one of the Baltic countries.
mBank and Commerzbank prep pan-European challenger
Project Kopernik (Copernicus) will initially target Germany.
City of London Group to acquire Acorn to Oaks for £1.4m
A2O focuses on SME and insurance products.
Yoyo tops 1m user milestone
UK-based mobile payments and loyalty marketing platform on a high.
Cyprus Securities and Exchange Commission launches fintech hub
CySEC will also look for regtech action.
Monzo challenges Starling with joint account launch
Starling has had a head start.
UK regulator clamps down on crowdfunding
Financial Conduct Authority proposes changes to rules and calls for feedback.
TSB’s April IT crash leads to £107m loss
Results in a loss of customers and increased post-migration costs.
UK – New Zealand: a fintech bridge too far?
How Kiwis and Brits are exploring various ways to participate in each other’s markets.
Starling faces payment and app issues, again
The bank struggled with its payment processor in the past.
Coinbase unveils crypto e-gift card for Uber and Google Play
All enabled via its partnership with WeGift.
Consumer investment platform Yammi launches in Russia
Created by Yandex.Money and FinEx.
Five Degrees buys Icelandic core banking provider Libra
Dutch firm seeks boost to its digital banking ambitions.
German digital platform WeVestor powers up
Berlin-based firm targeting entrepreneurial investors.
Earthport brings in new staff to stop rocky financials
CEO and CFO change as payments company reports increasing losses.
Rabobank upgrades card management with ACI Worldwide
To help the bank improve its declining card business revenue.
Topicus puts Magic Software $2.3m touch on tech development
The five-year agreement is a plan to boost Topicus’ operations.
UK bank Secure Trust selects nCino for digital lending ops
Bank will use nCino’s system for real estate financing.
UK payments firm SP Group fights for survival
Jobs will be lost as the company calls in the administrators.
Jabbar unveils digital exchange Kambio Ventures
A blockchain-enabled marketplace for tokenised asset-backed securities.
Fairstone Financial’s lending on fire with Fiserv
LoanServ will consolidate multiple records to decrease response times.
PSR calls for feedback on card acquiring services
Payment Systems Regulator wants a happy UK payments place.
FinLeap makes it nice and Beesy with Italian venture
Fintech company builder founds first firm in Italy.
Investors in fintech provider FNZ plan £2bn sale
Duo want to offload stakes in New Zealand-based tech firm.
StockViews fuelled by Fuel Ventures investment
Will invest in artificial intelligence technology and grow its team of analysts.
Starling Bank takes on Monzo with daring debit card design
Horizontal cards are so 2017.
