Wells Fargo well and truly has banking problems
Some problems still linger for mobile and online users.
North America
ChartIQ finds a path to $17.4m funding
US-based fintech has now raised a total of $20 million.
InterSystems and Global Accelerated Ventures call for fintech start-ups
Looking to advance innovation in finance.
New York’s a wonderful town for Fiserv DNA
Fiserv signs its largest core processing deal with New York Community Bancorp.
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.
Centage leaves no cent behind in $8.5m investment round
TVC Capital leads funding round in US provider of cloud-based tools.
Personal Capital gets $50m in personal capital
Digital wealth management company is in a happy Silicon Valley.
Thesys loses US stock exchange contract to Finra
The firm was hired to build a data warehouse for all stock-market activity.
Bill.com partners with Amex to offer new AP solution
Vendor Pay has arrived.
Insurtech CoverHound fetches $58m funding
Plans for US and Japan expansion.
UK and Canada unveil tech innovation competition
Open to ideas in artificial intelligence, internet of things, blockchain and cybersecurity.
Mansfield Bank mans up with new CSI tech
The Massachusetts-based bank upgrades its digital offer.
Pagaya shows off its AI-powered $100m ABS
Asset-backed securities looking toned and honed.
Guilford Savings Bank selects Jack Henry’s SilverLake core system
Connecticut-based bank plans to “double or triple in size” over the next ten years.
US challenger Rising Bank rises up in Midwest
Start-up is a division of Midwest BankCentre in Missouri.
Software platform Kofax to acquire Top Image Systems
Final closing of the transaction is subject to a vote by TIS shareholders.
Kraken acquires UK trading platform Crypto Facilities
No specifics but it is a “nine-figure deal”.
BNY Mellon to unveil data business
Bank is also looking for a leader to build and drive this new unit.
Student loan firm Climb-s to $50m funding
US company gets investment from Goldman Sachs.
CEO death means crypto exchange QuadrigaCX can’t release $190m funds
Firm’s users don’t seem so sympathetic and many express suspicions.
Capitalise goes live with Interactive Brokers
Capitalise enables traders to automate their strategies using natural language.
Taking a Step towards banking for under 18s
A new mobile bank gives tools for underage banking.
Equidate re-named Forge Global, boosts Series B to $85m
US-based trading platform looking to broaden its services.
Paytech QUID takes high road to Canada and US
Will expand to other countries after it’s settled.
Dinosaur and tZero unleash securities trading on blockchain
Brokerage outfit and Salt Lake City-based firm in no danger of becoming extinct.
WorldFirst closes US operations to save Ant Financial deal
UK currency exchange doesn’t want the acquisition derailed by regulators.
Top fintech stories this week – 1 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology February 2019 issue out now
Superstructures: fintech reaches new heights.
Nviso offers no hiding face with new biometric tech
Facial recognition solution “reveals how people really feel about money”.
Insurtech Clearcover raises $43m for US expansion
The auto insurance firm will invest in its API platform.
FLEX reports new takers and go-lives of flagship core tech
14 new credit unions signed, and nine go live with FLEX’s core processing tech.
Tiger makes Stripe roar with $100m funding
Latest round puts paytech’s valuation at $22.5 billion.
Fintech app Acorns receives $105m funding
Alongside a partnership to create educational content.
US lendtech CuneXus signs 100th customer
Happiness is a hundred for California-based lending platform.
Returnly raises $8m funding for post-purchase paradise
US payments firm focuses on retailers and brand land.
New York regulator fines Standard Chartered $40m for forex rigging
Old gits, a den of thieves and the usual suspects.
New community banks readying for launch in the US
VisionBank, Trustar Bank and Moxy Bank hope to shake things up.
Mobile trading platform CloseCross gets $3m funding
It opens the round with investment by Amnis Ventures
CULedger grabs $10m funding to its blockchain credit
Plans to use DLT for credit union-focused platform.
Feedzai and DataRobot team up to tackle financial crime
“This is how we are democratising AI for our customers.”
