New York state stands against fintech sandboxes
“Toddlers play in sandboxes. Adults play by the rules.”
USA
Wells Fargo customers lose homes due to IT glitch
The bank incorrectly denied hundreds of people mortgage modifications.
Mitek helps bring mobile deposit to credit unions
Assisting with the fight against cheque fraud and mobile enterprise digital transaction.
ICE is Bakkt to the future for digital assets
Intercontinental Exchange forms a new company.
Marshland FCU goes soft for Bankjoy’s banking
US credit union is turned on for mobile and digital banking.
Chase Bank chasing mobile market with ATM move
The future is now, tappity tap.
Business Payments Directory Association teams with Discover for blockchain PoC
Will develop a platform for its B2B directory built on blockchain technology.
Blockchain firm Swych goes cross-border gifting
US users can now send digital gift cards to friends and family in India in real time.
DocuSign to acquire CLM software provider SpringCM for $220m
All part of its plan to modernise companies’ systems of agreement.
Ion Bank charges up with Jack Henry’s lending solution
US bank will use ProfitStars for commercial lending.
Financial wellness platform PayActiv partners with ADP Marketplace
PayActiv provides a way for employers to help their employees manage their financial lives.
IdentityMind helps ZED Network with KYC compliance
Payments platform will deploy newly-released version 2.0.
US Treasury seeks fintech industry to treasure
Plans to make regulatory landscape better.
Atos digital DNA drives revamp for insurer CNA
Love is in the air with new multi-year relationship.
SS&C to acquire wealthtech Eze Software for $1.45bn
Boston-based Eze is a provider of investment management solutions.
US regulator opens up national bank charters to fintech
Office of the Comptroller of the Currency now welcomes applications.
Entrust Datacard acquires SMS Passcode
Entrust hopes to further establish itself in the authentication space.
Tavant powers Ditech’s new mortgage POS system
Technology from Tavant is playing a role in the comeback of mortgage lender Ditech.
Paytech Gusto brings in $140m funding
Payroll, benefits, and HR platform now valued at almost $2 billion.
Microsoft and Nationwide invest $12m in SME lender BlueVine
Takes the company’s total funding to $590 million. Ye gods!
Finra wants fintech feedback on US broker-dealer industry
US-based Financial Industry Regulatory Authority open to ideas.
Insurance marketplace CoverHound is Intellirent’s best friend
US-based marketplace partners with rental marketing and tenant screening platform.
Chase Pay and Samsung Pay partner for retail action
JP Morgan Chase takes its payment ambitions up a gear.
Stripe lines up APIs for programmable payment cards
APIs rule for US mobile payments firm.
Feedzai to help Credorax fight merchant fraud
Feedzai uses big data technology to stop payment fraud in real-time.
Switch brings voice tech to its CardSavr API
CardSavr will use natural language processing for managing cards on file.
Payments firm Flywire flying with $100m funding
Singapore investment firm Temasek led the Series D round.
MBT Bank outsources core banking tech to Jack Henry
MBT Bank has signed for Jack Henry’s Silverlake (core banking) and Banno (online and mobile channels).
Tally ho! Debt management app gets $25m funding
Series B funding led by Kleiner Perkins.
Figure Eight dates Google Cloud for machine learning
Figure Eight will serve as the data launch partner for Google Cloud AutoML.
Earthport brings in new staff to stop rocky financials
CEO and CFO change as payments company reports increasing losses.
Visa and MoneyGram team up for cross-border payments
Will use Visa Direct, its real-time push payments platform.
Credit Suisse unveils $261m fintech fund
Its NEXT Investors team will be looking for the next group of firms to invest in.
Crypto lender BlockFi gets $52.5m investment
From Mike Novogratz’s investment firm, Galaxy Digital.
Dynasty Financial shows maximum interest in MaxMyInterest
Opportunities for savers to make the most of their cash are worth pursuing.
Continuity to provide compliance tech for Affinity FCU
New Jersey-based credit union wants less guess work.
eBay sellers to get access to Square Capital
Sellers in the US could get access to funding up to the value of $100,000.
LaSalle Capital gets perfect payments present with National Gift Card acquisition
Chicago-based private equity firm grabs some payments action.
CardFlight gets down with BoomTown for payments
Mobile POS firm teams with San Francisco-based Boomtown.
Sumitomo Mitsui Trust Bank goes live with DTCC’s Alert
Becomes the first Japanese global custodian on the database.
