Manchester’s fintech firms answer London’s calling
Closer ties with Manchester’s burgeoning fintech community could benefit London’s financial services firms.
UK
Tandem acquires money management app Pariti
UK-based challenger bank Tandem is buying Pariti, a money management app with 95,000 users.
Styles&Wood gains two regtech deals in UK
Go Car Credit Limited and Chetwood Bank sign for the Arctick regtech solution.
TrueLayer integrates with Starling Bank for Open Banking push
TrueLayer can use Starling Bank’s API to securely access financial data.
Chetwood Financial lands £150m investment
Elliott Advisors will invest up £150 million in UK challenger bank Chetwood Financial.
Objectway Conference 2018: the eternal digital city
When in Rome, reveal the latest insights on digital ambitions and wealthtech.
Ditto teams with Bankable for UK Faster Payment Scheme API access
“A step in the right direction to help Ditto towards its ambition of becoming a borderless bank.”
Challenger bank Atom raises £149m
The latest funding round includes £85.4 million from Atom’s existing investor, BBVA.
Forget foodtech and retailtech, dinetech may be the next big thing
Devie Mohan’s thoughts on the new “Dine and Dash” offering from Barclaycard.
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.
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.
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.
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.
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.
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.”
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.
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.
Soldo and Starling pair up for business banking
Business banking better than before.
Insurtech Homelyfe opens up tech stack for third party fun
“Partner Platform” offers access to its product lines and to provide home insurance cover.
Tandem launches travel cashback card in UK
Digital challenger bank launches its first product in the country.
FCA and CFTC to collaborate on fintech innovation
Financial Conduct Authority and Commodity Futures Trading Commission have signed an arrangement for UK-US initiatives.
UK Investment Association unleashes fintech accelerator
Asset management industry to get generosity from VeloCity.
Credit Kudos loans its glory to Lending Works
Customers can use Credit Kudos to populate forms, verify income and prove their creditworthiness.
HSBC online and mobile banking goes down
UK not OK… as usual. Out for the count for a few hours.
Top fintech stories this week – 16 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UK money platform Nudgg pushes to launch
Allows customers to view all financial accounts in one place and make direct comparisons.
Distribution Finance Capital seeks UK banking licence
DFC is focused on providing additional working capital to product manufacturers, distributors and dealer networks.
TruFin steps into UK challenger bank zone
TruFin started trading on the alternative investment market of the London Stock Exchange.
