Caisse des Dépôts chooses Murex for its asset management
Murex’s MX.3 platform pulls every part of business into one.
France
EBA Clearing launches request to pay solution for Europe
It’s “the missing piece of the puzzle” for financial companies.
Challenger banks in France
Exploring the challenger bank landscape in France considering their offerings and their technology.
Video: fintech news weekly round-up – 8 July 2019
Some of this week’s news, in video format!
Banque Française Mutualiste selects SAB AT as its new core banking system
The system will operate in a multi-entity mode, with SAB supporting the hosting, operation and maintenance.
Crédit Agricole trials biometric payment cards
The six-month pilot project tests fingerprint authorisation.
Digital insurtech Qover welcomes €8m funding
The firm white-labels its solutions and is API-driven.
PayFit to double workforce with €70m funding round
French startup automates payroll and HR processes for SMEs.
Credit Agricole plans €15bn tech investment in four years
“100% of emerging technologies” will be tested for new services.
Yolt signs partners and prepares for wider roll-out
Yolt is also partnering with Payvision and Funding Options, both of which also have ties to ING.
Teen banking fintech Pixpay raises €3.1m launch funding
The Paris-based start-up was founded four months ago.
US modern card issuer Marqeta signs first Europe deals
Partnerships with companies in France, Scandinavia, Spain and Switzerland.
Societe Generale issues €100m of bonds for housing financing
These security tokens offer a range of advantages, says the bank.
French PFM Bankin’ raises $20m in Series B
The firm has raised a total of €28 million investment since its inception.
Facebook to drop P2P Messenger payments in Europe
The service will be discontinued in the UK and France on 15 June.
Sopra Steria acquires France-based core system vendor SAB
SAB’s SAB AT will be added to the acquisitive French company’s existing range of acquired core offerings.
SocGen’s trading woes amount to 1,600 staff cuts
CEO has left and trading is in a slump.
SocGen to offer payment services throughout Europe with Elavon
This includes United Kingdom, Austria, Belgium, Germany, Italy, Netherlands, Spain and Switzerland.
Fidor CEO leaves as BPCE sells bank
Matthias Kröener founded Fidor ten years ago.
Streamdata.io acquired by Axway
The France-based start-up sold for an undisclosed amount.
Curve announces plans for global expansion
LinkedIn’s former talent hunter will head international recruitment.
French firm PayTrip launches prepaid for relatives abroad
Inspired by a Moroccan engineer’s personal experience of making money transfers.
Spanish fintech Pagantis closes €65m for e-commerce financing
It aims to expand its services to Portugal, Italy and France.
Europe’s dance of fintech hubs
As a strong and united ecosystem, the European fintech scene can finally discover its true potential.
French card firm Evolis creates Japanese subsidiary
The company is aiming for a long-term presence in the country.
SocGen mulls thousands of job cuts from investment unit
As it seeks to consolidate its brokerage business through a partner.
UBS found guilty in France for aiding tax evasion
UPDATE. The bank has said it will appeal the decision.
French health insurtech Alan raises €40m
The firm says it is very close to breaking even.
Morning wakes up as French challenger bank
“The account that wakes up the bank.”
E-commerce: the biggest overseas markets for UK consumers
Consumers in the UK buy a higher proportion of goods from overseas than almost any other wealthy country.
Natixis reaps the wild Wynd for payments
Along with their partnership, Natixis is taking a stake in the French company.
French asset manager Amundi fully acquires Anatec
Buying the 51% stake it didn’t own.
SocGen may close trading unit due to low profits
As it did with the Hong Kong desk.
Milleis Banque picks Wolters Kluwer for regulatory compliance
OneSumX for risk, regulation and reporting needs.
Banque Palatine signs with AxiomSL for AnaCredit compliance
One of the many firms keeping up with reporting regulation.
Linedata acquires French start-up Loansquare
Gets its hands on a platform that connects banks and borrowers.
How France’s regulator is leading the way in fintech innovation
The rise of fintech cannot be ignored and France is taking bold and necessary steps to harness it.
Top ten fintech analysis features in 2018
Dive into all things fintech!
Ethoca and Cartes Bancaires alert to fighting fraud
CB Alerts portal helps online merchants collaborate with card-issuing banks.
Wirecard woos with Apple and Google Pay play
Double delight for its boon customers in Germany and France.
