Metro Bank personalises advice with Insights
Metro Bank’s new money management tool was developed with Personetics.
UK
Standard Chartered opens eXellerator lab in London
The third lab for the international bank.
Clearmatics raises $12m to build new financial market infrastructure
Building P2P networks for trade finance.
Lloyds Banking Group launches voice ID for telephone banking
Nuance provides its voice authentication tech to Lloyds Bank, Halifax and Bank of Scotland.
Germany’s Aareal Bank invests in UK real estate platform BrickVest
Second German bank to acquire a stake in the firm.
WB21 bank boss faces lawsuit by US regulator
WB21 bank boss faces lawsuit by US regulator
Transport for London ruins our day with fintech start-up launch
New subsidiary is called Total Failures Limited.
The ID Co in good mood with NoMo Money app launch
An app with a “healthy dose of personality”.
Challenger bank N26 begins beta launch in UK
The Germanic one revealed its plans back in November 2017.
Top fintech stories this week – 5 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UK regulators approve CYBG’s takeover of Virgin Money
The CYBG brands will disappear as the new entity will unite under the Virgin Money name.
Insurtech Hokodo hogs €1.9m in seed funding
Providing insurance via APIs for SMEs.
Lemon Way taps Barclays for UK corporates
“The UK is the most mature market in Europe for crowdfunding and P2P lending.”
Volante’s paytech to support PSD2 and open banking at QIB UK
Qatar Islamic Bank UK will implement Volante’s VolPay Channel: Open Banking and Token.
PwC acquires FSCom’s regtech solution
Consultancy firm now owns KYC-Pro.
Unite trade union can’t stop RBS branch closures in Scotland
Only two branches survive the stay of execution.
FCA fines Tesco Bank £16.4m for failures in 2016 cyberattack
Regulator cites deficiencies in debit card design and lack of care.
More downtime for UK’s TSB, HSBC and Barclays
Mobile and internet banking seems to be the issue this time.
Infographic: London beats NY in job growth
The European finance capital still reigns supreme.
Darktrace sees the light with $50m funding
Cybersecurity start-up now valued at $1.65 billion.
AI-powered insurtech Concirrus closes £5m funding
London-based company brings total raised to £12 million.
Criminals scam UK finance industry out of £500m
UK Finance reveals facts, figures and fears.
Smart pay solutions for children: what every parent needs to know
Children are swapping piggy banks for prepaid cards and smart payment services.
Tandem Bank adds auto-savings rules
“Improving savings habits is one of the hardest things someone can do.”
NPSO releases first details on New Payments Architecture
The details are around new procurement process for the clearing and settlement layer.
Open Banking shouldn’t be written off, the revolution is just starting
Realising the benefits that Open Banking will deliver will take time.
Tiffany & Co and Worldline unveil UK’s first luxury vending machine
The world’s first all-in-one Android-based payment terminal now in the UK.
Scottish fintech Butterwire gets a smooth cut of funding
Reaching 150% of its crowdfunding goal.
UK seeks Asian fintech ties post-Brexit
Economic secretary of the UK Treasury, Joh Glen, tours Asia.
Bank of England preps UK fintech for next decade
Its “Vision 2030” looks at the future of finance across the nation.
Barclays, RBS and NatWest’s online systems go down
Only Barclays has resolved it so far.
Scotland’s Strathclyde Uni unleashes fintech accelerator programme
Brave hearts can apply for an overall package of £10,000.
Equifax fined £500k for UK security breach
15 million UK citizens were affected during the cyberattack in 2017.
NatWest starts quantum computing testing
May be able to execute tasks at 300 times the speed of a traditional computer.
High noon for UK’s “Wild West” crypto-assets
Treasury Committee puts on sheriff’s star and shoots straight.
Divido keeps it together with $15m funding
Aims to expand to ten more countries before the end of 2019.
France Swave-s hello at UK fintech jobs
Government-backed tech incubator Swave employs seduction techniques.
Fintech tour Frankfurt: ready for a post-Brexit world?
TechQuartier represents the first effort to help fintechs settle in the city.
Santander to build £150m tech hub in UK
Prepare to get bowled over Milton Keynes!
UK government and banks plan anti-fraud initiative
Partnership will see UK Finance and panel of experts tackle scams.
