UK government releases two new fintech envoys into the wild
Brand new faces in Wales and Northern Ireland.
Europe
UK personal finance app Elifinty preps for launch
For people who see no way out.
PayPal to buy iZettle for $2.2bn ahead of IPO
Largest acquisition in its history.
Equifax powers HSBC UK’s first live credit application solution
Via open banking it’s using Equifax’s InterConnect platform.
HSBC UK kisses Consents Online’s AISP for banking data
Account information service provider profits from open banking.
Commerzbank calls on R3 Corda blockchain for trade finance thrust
A boost for trade and supply chain finance services.
The name’s bond, MTS placed bonds… on blockchain
Digital service provider in “first transaction of its kind” in Russia.
UK regulator knocks out seven shades of fintech hits
Another speech. Another conference. Another plan.
ABN Amro profits from digital revamp
Dutch bank gets net profit of €595 million for Q1 2018.
Danske Bank Spiir-ed into first fintech investment
Hot for Spiir’s budget app.
Cashplus calls on Currencycloud’s special FX for SME payments
Especially designed to help British SMEs do better business abroad.
Deutsche Bank buys Indian start-up Quantiguous Solutions
Wants to accelerate its open banking strategy.
Deutsche Börse and friends unveil fintech acceleration platform
Working with Clearstream, figo and regtech start-up Finologee.
Worldline to acquire SIX Payment Services for €2.3bn
Strengthens its paytech operations in Europe.
Poland is world’s first for banking records on blockchain
Billon and Polish Credit Office team up for innovation and information.
London Block Exchange adds five new coin offerings
LBX stands out in a tighter crypto-regulation environment with five new coin offerings.
Irish eyes are spying with AIB’s social media prying
O Big Brother, where art thou?
Santander UK to launch digital financing platform for SMEs
Mambu believed to be providing its core banking tech to Santander’s new SME platform.
Webinar: Results are in – European banks & their state of digital sales
Register for a live webinar, taking place on Thursday, 31 May at 3PM BST
Banco BNI Europa invests €15m in auto financing start-up Lendrock
Portuguese bank rocks Spanish firm’s world.
Barclays CEO fined to tune of £640,000 over whistleblower antics
Give us this day our Staley bread; and forgive him his trespasses.
Lloyd’s of London launches lab for insurtech innovation
Looking out for action in an “increasingly digital, data-driven world”.
Broadridge buys FundAssist for asset management lift
Broadridge also reveals new repo patent using blockchain.
Top fintech stories this week – 11 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Third party expertise the key for fintechs to unlock open banking potential
Identifying and partnering with regulated third parties is the key to seizing the market opportunity.
Blockchain Valley Ventures begins its adventures
Swiss accelerator launches offering advice and venture capital.
Mortgage maven Trussle gets Goldman Sachs backing
Goldman Sachs among investors and part of £13.6m Series B funding.
Garmin Pay just the ticker for Starling Bank
Watch out for this new contactless payment option.
Blockchain firm Zonafide shuts down
“A major engagement we had expected was put on hold.”
TrueLayer API right fit for Anorak’s life insurance
“First” application of PSD2 into this market.
Mortgages shine in Castlight Financial’s open banking pilot
First pilot goes live for Scottish firm’s “Affordability Passport”.
TSYS teams with 118 118 Money for UK credit card programme
Paytech and lendtech firms sign long-term agreement.
Credit Kudos a bureau hero in open banking roll-out race
“First credit bureau to offer open banking services to lenders and individuals.”
Nordea plans payments perfection with Connect injection
For online buying for consumers and merchants.
HSBC UK’s latest app stands connected for one screen dream
Lets customers see accounts from different banks on one screen.
Infographic: Europe Day, payments and e-commerce
“Only 7% of EU businesses currently sell cross-border within the union.”
Swedish payments firm iZettle plans IPO
IPO expected to be completed this year.
PaymentComponents and Infosistema API framework bags Portugal win
Caixa de Crédito Agrícola Mútuo de Mafra chooses AplonAPI.
St Raphael’s Garda Credit Union extends Temenos contract
Deal includes digital channels platform, Temenos Connect, and T24 upgrade.
Virgin Money gets £1.6bn takeover offer from CYBG
Combined entity will have six million personal and business customers.
