PSR pushes for payee confirmation paradise
UK’s Payment Systems Regulator wants your views for a fair CoP.
UK
Gibraltar Blockchain Exchange first in world to acquire full licence
Granted by the Gibraltar Financial Services Commission (GFSC).
UK challenger bank Monzo to launch business current account
Will apply for funding from Alternative Remedies Package to make this happen.
FCA’s crypto force looking into limiting exchange tokens
It used the word “prohibition”!
White paper: Opportunity knocks – the future of Open Banking
Essential reading for banks, building societies, fintechs, payment service providers and others.
CreditLadder receives FCA approval for payments
As well as approval for account information services.
Convoy inspires Tandem Bank’s Hong Kong expansion
Financial services company invests $15m in UK challenger and forms partnership.
FCA moves to cloud with Sopra Steria
A long-standing collaboration just got cloud-ier.
CYBG to lend £400m via Salary Finance
New funding JV in UK unleashes plenty of money for personal loans.
Form3 shows good form with $13m funding
Aimed at expanding beyond the UK.
New legislation puts motor insurers in the driver’s seat of autonomous cars
The next few years will be transformative for the motor insurance industry.
Gohenry crowdfunds £6.2m for US expansion
To teach American kids about money.
TSB’s new CEO aims for banking redemption
Debbie Crosbie to join troubled bank from CYBG. She’ll be busy.
Barclaycard wakes up to Costa Coffee’s contactless cup
UK’s first reusable coffee cup with integrated contactless payment technology.
Boys from the BlackRock launch investment firm Genuine Impact
London-based company powers up with investment intelligence platform.
Data start-up Banked backed with £1.5m funding
Lead investor is Backed VC.
Tandem Bank earns its Stripe-s for auto savings
UK challenger bank also opens community beta testing for new feature.
Russia’s BCS Financial Group gets UK banking licence
Plans to develop integrated payment and investment model.
Unisys elevates Monmouthshire Building Society’s digital services
Hello online banking.
Top fintech stories this week – 16 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Canada, UK and Singapore prep for blockchain-powered payments
Central banks and regulator reveal heightened interest and assesses alternative models.
Jaja Finance teams with ASDA for JajaPay launch
Firm offers white-label consumer credit facility.
Revolut to get $500m boost from Softbank
To enable US expansion.
Sizing up the real threat of challenger banks
Challenger banks’ current profitability is almost entirely unrelated from the threat they pose to incumbents.
Capital markets software firm Genesis makes $3m funding revelation
Then fintech said: “Let there be light funding”; and there was light funding.
UK’s Nationwide takes stake in financial manager Moneyhub
Building society’s investment gives it a minority stake.
UK challenger CivilisedBank tries again for banking licence
Bank gets more funding for this attempt.
Pay.UK seeks better data for New Payments Architecture
Calling for fintech to contribute to its “Enhanced Data” project.
Insurtech Anorak raises $6.5m in funding
Series A round led by Kamet Ventures.
Cashflow controller Fluidly gets $5m funding flow
Round led by Nyca Partners.
ANNA Money, a business account that meows
The card makes the “purrfect” sound.
CYBG axes banking tech deal with ex-Barclays chief
Follows CYBG’s £1.7 billion takeover of Virgin Money.
Focus Solutions unleashes wealthtech portal and hub
Hub unveiled with BITA Risk and Investment Software Limited.
Starling Bank’s £10m funding helps it make a stand to Monzo
As it prepares for a £80m round push.
Bank of England calls for payments messaging panel applicants
The panel will input into the implementation of ISO 20022.
What a meanie! £20m compensation promise broken by UK lender Cash Genie
The failed firm fails again.
Starling Bank keeps you posted with Post Office
A mobile bank with branch services.
Invisible payments: finding success in a convenience-driven market
What gives innovations staying power in the payment industry?
UK fintech and FIs get dating guide
New guidelines aim to accelerate fintech growth.
Finance app Portify fortifies with £1.3m funding
UK start-up gets money from Kindred Capital and Entrepreneur First.
