Bank of England confirms blockchain viability for RTGS
DLT-based settlement with central bank money is alive and kicking.
Europe
Commerzbank turns to equensWorldline for payments processing
German bank signs up for ten years.
HSBC boosting cloud capabilities with Google
The expansion will improve big data, analytics and fraud detection.
Atos to acquire digital dynamo Syntel for $3.4bn
Syntel provides cloud, social media, mobile, analytics and IoT solutions.
Welsh KYC firm W2 Global Data raises £1.25m funding
Company also provides AML and fraud prevention solutions.
BNP Paribas launches UK fund for SME lending
The bank hasn’t unveiled the amount of money bound to the fund.
Banca IFIS launches digital insurance platform Rendimax
Focused on customer service, without any intermediaries.
Faster Payments issue affects UK banks
Problems for Halifax, Lloyds, Bank of Scotland and Monzo.
PIR Bank in Russia victim of domestic $1m hack
Hacker group MoneyTaker is up to no good, again.
JLT buys saving and investment service Moola
UK-based JLT Employee Benefits looks to digital benefits.
The ID Co. unveils Open Banking API platform
New solution enables customers to use the firm’s DirectID user verification tech.
Are fintech firms doing enough to protect themselves against the risk of contractors?
It is vital for businesses to ensure their employment contracts are up-to-date.
Banco Sabadell’s hub chasing innovation in Israel with €7.5m investment
InnoCells has invested in Cardumen Capital.
Starling marketplace grows with Growth Street addition
The first live use of SME finance provider’s third-party API.
Moneysupermarket takes JV route into fintech
Users can compare and apply for mortgages via HD Decisions partnership.
Italian robo-trading firm Fintech4i launches
4i – international, independent, institutional, investor-oriented.
TrueLayer receives $7.5m funding from Northzone
Aided by existing investors Anthemis and Connect Ventures.
BBVA latecomer to Apple Pay craze
Spanish bank is slow off the mark.
Euroclear takes stake in fixed income tech provider Algomi
Algomi focuses on banks, institutional investors, inter-dealer brokers and exchanges.
NatWest and Large Credit Union Coalition join R3’s blockchain club
UK bank and Canadian group provide double delight.
BlackFin Capital’s fintech fund gets €180m
Says it is the largest independent fintech fund in Europe.
Tradeteq takes in $6.3m funding
Trade finance distribution platform plans new apps and data services.
Sberbank in Slovenia teams with Token for open banking push
Slovenia’s seventh largest bank seeks to move beyond PSD2 compliance.
Eclipse Finance shut down over misleading claims
UK-based binary options company gets judged by the High Court.
Hungary’s MKB bank takes digital leap with Oracle FSS’ Flexcube
Includes a full replacement of its core banking system.
Lemon Way ripe for expansion with €10m funding
French payments firm aims for growth and more staff.
Blockchain islands: Jersey launches ICO regulatory guidelines
Jersey has quietly notched up some major crypto and wider fintech achievements.
Goldex’s new app strikes gold
Purchasing physical gold in the palms of consumers.
Nordic banks’ payments infrastructure plan picks up pace
The P27 project intends to launch new piece of financial infrastructure next year.
Santander sets up digital investment unit for blockchain
Led by the director of the bank’s blockchain lab.
Kassir acquisition just the ticket for Tinkoff
Kassir will sell tickets via bank and mobile app.
UK lender Greensill gets $250m funding from General Atlantic
Values Greensill at $1.64 billion.
EU takes issue with anticompetitive fintech
A thorough analysis by the European Parliament, but with few conclusions.
UK challenger BankNorth preps for launch
Will target the crowded SME lending market.
Worldpay and Mastercard partner for UK digital payments push
Worldpay will offer Mastercard’s Pay by Bank app from early 2019
Tinkoff and Sberbank share mobile numbers for P2P payments
Available to all customers across Russia by the end of July.
Emma banking app sitting pretty with £450k funding
Round led by Kima Ventures.
Metro Bank unveils open banking developer portal
Built in collaboration with Google’s Apigee team.
Non-bank lending in 2018: what’s the current picture?
UK’s booming SME sector is full of life – but it’s been choked by a lack of traditional access to funding.
ITI Capital coming in hot with Torstone’s post-trade processing tech
Applied to institutional investors, for the time being.
