Challenger bank Atom raises £149m
The latest funding round includes £85.4 million from Atom’s existing investor, BBVA.
Europe
Forget foodtech and retailtech, dinetech may be the next big thing
Devie Mohan’s thoughts on the new “Dine and Dash” offering from Barclaycard.
Orange Bank turns to IBM Watson for virtual advisor tech
Orange is brining “unique customer experience” with its new virtual advisor, Djingo.
New clients in the Netherlands and Malaysia for Wolters Kluwer
ABN Amro and SME Development Bank sign for Wolters Kluwer’s OneSumX regtech software.
Wealth Wizards keen to “revolutionise” UK’s advice sector
UK-based fintech Wealth Wizards has launched Turo, a new artificial intelligence (AI) solution.
UK’s Yorkshire Building Society goes live with nCino for lending ops
US vendor nCino gets second client in the UK.
Metropole Gestion revamps front and middle office ops with SimCorp Dimension
French asset management firm will integrate solution across its range of equity, fixed income and diversified funds.
Third of UK customers ready to trust tech firms with bank account
Customers happy to sign over access to their financial data to “trusted” tech companies.
Bank of England guv’nor gives cryptocurrencies grief
BoE-ring! Carney joins critical-of-cryptocurrencies crowd.
Barclays France in wealth management tech revamp
New owner AnaCap aims to create “the leading independent wealth manager in France”.
Leumi ABL selects Encompass for KYC compliance
Asset-based lending subsidiary of Bank Leumi (UK) looks for improvements.
UK challenger Revolut rejoices as it breaks even
Revolut is leading the charge for challenger banks by breaking even for the first time.
Bean plans to be kernel of UK comparison apps
Gets FCA approval to launch its payments service across the nation.
Banking Technology March 2018 issue out now
Fintech with flourish. Nourish your brain.
CaixaBank and Visa take it up a watch with Garmin Pay
Watch out fintech folks, Spain gets a wearable look.
PSR plays protector in payment scam fight
New industry code on the way to deal with consumer complaints about APP scams.
Virgin Money’s digital bank edges to beta testing
Beta testing expected in the second half of this year.
Dine and dash with Barclaycard payments trial
Launch partner Prezzo to host solution in London restaurant.
UK regulator turns cash saver with new credit card rules
FCA says new rules will save consumers between £310m and £1.3bn a year in lower interest charges.
NatWest unleashes four fintech accelerators
UK hub hullabaloo in Bristol, Edinburgh, London and Manchester.
Lemon Way selects Accuity for financial crime compliance
Decision follows a period of growth for Lemon Way.
Visa and Allianz partner to create mobile payment app
Allianz Prime app is “first of its kind” in insurance industry.
FCA orders Vanquis to repay customers £168m for price disclosure fails
Also hit with fine of £1.97m for not disclosing full price of an add-on product.
Robot Anna the answer at Sberbank’s client contact centre
Anna’s a gleaner for banking queries in Russia.
The Future of European Fintech Alliance calls for API banking order
Alliance wants to ensure bank APIs under PSD2 have the necessary functionalities and performance.
Is it a bird? Is it a plane? No, it’s EasyMoney
EasyJet is getting into the fintech business with the launch a new financial savings and lending platform.
FCA calls for smarter regulatory reporting
Looking for views on how technology can help firms meet their regulatory reporting requirements.
Challenger bank Monzo in head of compliance search
Monzo: “We’re looking for a pragmatic, collaborative and experienced head of compliance.”
Fintech’s latest and greatest at FinovateEurope 2018
FinovateEurope 2018 is coming to London on 6-9 March. We caught up with Finovate VP Greg Palmer ahead of the show.
Top fintech stories this week – 23 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
NatWest in AI driven “digital human” test
In advanced testing stage of a new AI prototype called Cora.
UK politicians to investigate digital currencies and blockchain
Treasury Committee launches new inquiry to work out the opportunities and risks.
Jyske Bank turns to Munnypot for robo-advisory tools
Munnypot breaks out of the UK with its robo-advisory proposition.
First Direct yearns to be markteplace king with artha pilot
Artha pilot using technology from UK-based web and mobile app Bud.
Lloyds preps for PSD2 with £3bn digital investment
Three-year strategy to bolster its digital capabilities – job cuts are included.
Fintech funding round-up: 21 February 2018
Stars Anyfin, CivilisedBank, Greenlight Financial Technology, Even Financial and Wealthsimple.
Degussa Bank finds its Germanic match with API start-up Giromatch
Team up to launch pilot project offering virtual Visa credit card for shopping with Amazon Business.
Temenos buys trading platform provider Fidessa for £1.4bn
Deal now confirmed from yesterday’s (20 February) report.
Soldo and Starling pair up for business banking
Business banking better than before.
BNP Paribas buys ABN Amro’s Luxembourg business
ABN Amro (Luxembourg) sees no future for its wealthtech business in the country.
