Europe’s dance of fintech hubs
As a strong and united ecosystem, the European fintech scene can finally discover its true potential.
UK
UK fintech regulator puts bigger fines on the menu
FCA confirms increase in Financial Ombudsman Service award limit.
Bank Leumi touches Eurobase with Siena platform for FX treasury
The deal is only for the London-based subsidiary of the Israeli bank.
Top fintech stories this week – 8 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UK and Turkey push Islamic finance through fintech
TheCityUK and Borsa Istanbul set out their ambitions.
Nationwide revives 10x Future Technologies with £15m funding
Former Barclays CEO’s fintech firm gets boost after losing Virgin Money deal.
Cashplus brings in gambling block for credit cards
Bookmakers and casinos set to lose out (for once).
How new AML tech is freezing the fraudsters
Over 90% of UK current accounts are now covered by the new Mule Insights Tactical Solution (MITS).
Moorwand picks ClearBank’s Banking-as-a-Service
Trying to address the confusion around BIN access and other payments.
Teenage kicks hard to beat for Innovate Finance
FinTech for Schools is out… and about in the UK.
Esme Loans getting data warehouse courtesy of Microsoft
To help with AI processes in the lending process.
Personal finance app HyperJar preps for spring launch
UK-based firm readies for HyperJar-space with select pilots.
Hampden & Co gets new mobile app from Crealogix
Private bank will offer service to its high net worth individuals.
Quint ain’t skint with NatWest’s £16.5m funding
UK firm plans to drive growth through acquisitions.
United Bank for Africa launches in UK
Follows on from its recent arrival in Mali.
Proactis gets £20m funding from HSBC for SME action
To help SMEs with liquidity management.
Upgrade Pack crowdfunds towards £2.25m
UK start-up aims to expand in the US and Asia.
The reality of Brexit for small businesses
Small businesses are applying a practical no-nonsense approach to protect themselves and their business.
Pay.UK officially brings payment brands under one roof
Bacs, Faster Payments, and Cheque and Credit Clearing are now part of Pay.UK.
UCL and Barclays unleash deep tech venture builder
Conception X turns dissertations into a deep tech start-up.
UK Finance wants to bring ethics to banking sector
Good luck getting that to work.
UK banking data reveals eruption of disruption
Last year was arguably not a good one for banking across the nation.
RFI Global Business Banking Summit 2019: The age of branch banking is over
The time of digital has come.
Experian calls off £275m ClearScore acquisition
UK’s Competition and Markets Authority expressed concerns.
Insurtech Lime makes for refreshing UK launch time
Start-up offers a “flexible twist” and wants to fill nation’s protection gap.
Charity Bank in core banking tech overhaul with Apak Group
Finastra’s legacy Bankmaster core banking system out, Apak’s Aurius in, at Charity Bank.
Santander and LSE instrumental in Nivaura’s $20m funding
UK firm offers platform for the issuance of financial instruments on blockchain.
M&S Bank sparks open banking life into mortgages
Marks & Spencer’s stylish entity teams up with Equifax and AccountScore.
Planixs receives £3.5m funding for better banking tech plans
The UK-based firm will expand its cloud-based solution Realiti.
Europe’s army of fintech start-ups
How European fintech start-ups are competing for a market share.
UK’s Southeast Financial Services unveils SmartRemit app for Bangladeshi expats
London-based subsidiary of Bangladesh’s Southeast Bank rolls out beta version.
Video: fintech news weekly round-up – 25 February 2019
Metro, Starling and ClearBank get the RBS grant, South Korea plans fintech push, and more.
OakNorth in the clear with ClearBank payments tech
Those UK challengers are up to something.
NatWest unveils bank account aggregator
Its “first real-life customer feature using open banking”.
UK finance software firm Yordex gets £500k funding
Investment company Bloc Ventures takes a shine to its new adventures.
UK lendtech DivideBuy feeling spry with £60m funding
Firm offers interest free credit and plans to develop its tech.
Starling Bank promises 400 new UK jobs with £100m grant
UK challenger also pledges to invest £95 million of its own money.
NSF makes £1.3bn takeover bid for UK lender Provident Financial
Non-Standard Finance makes unsolicited offer to buy its struggling rival.
Metro, Starling and ClearBank win RBS fund
The Capability and Innovation Fund’s first pool grants a total of £280m.
FCA shows iron fist for anti-competition in asset management
Three firms have been declared in breach of the UK authority’s regulation.
