CrowdFlower becomes Figure Eight for AI trait
US firm hunts out opportunities in artificial intelligence and machine learning.
USA
Four Finastra’s a jolly good fintech fellow
And so say all of US. (Well, four firms do.)
Dead fintechs don’t wear Plaid
Shy US app provider expands to Canada.
Tradeshift Pay to take the pain from supply chain
Cloud platform will bring together supply chain finance and blockchain-based payments.
eToro in bullish mood with US cryptocurrency exchange launch
The firm will offer ten different cryptocurrencies.
US insurtech start-up Bestow raises $15m
Brings Dallas-based firm’s total financing to more than $18 million.
Microsoft acquires Semantic Machines for conversational AI starter
Ambitions to make chatbots sound more human and less like robots.
Tax compliance firm Avalara files for IPO
Tax compliance specialist Avalara has big plans.
POPin Video Banking and MEA in digital duet
Platform integrated into MEA’s Android and iOS apps.
Fintech funding round-up: 18 May 2018
Stars LendingPoint, Open and The Disruption House.
Envestnet | Yodlee, Quovo and Morningstar unite on SODA framework
A joint initiative in the US to support secure, open data access for consumers.
Oracle buys US firm DataScience
Adds platform to its cloud for machine learning boost.
Lemonade seeks to sparkle with open source insurance policy
“Every act of creation is first an act of destruction” – Pablo Picasso.
Cardlytics inks paytech deal with JP Morgan Chase
Also announces strong Q1 financial results.
Centric Bank embarks on core banking tech project with Jack Henry
Moving from Jack Henry’s CIF 20/20 core banking system to Silverlake.
Circle raises $110m and creates dollar-pegged cryptocurrency coin
Each token backed by reserves of US dollars.
Coinbase unveils institutional grade solutions for cryptocurrency trading
In crypto, when the going gets good, the good go institutional.
Optimove acquires PowerInbox DynamicMail business
Optimove takes a step further in helping brands build an emotional relationship with their customers.
CardFlight and Paya team for EMV-ready mPOS solutions
Enabling Paya to offer CardFlight’s SwipeSimple payment acceptance solutions to its merchants.
Y2X wants to do Moore for blockchain investment
Plans to raise $200 million through global token offering.
Ex-JP Morgan duo launch blockchain start-up Clovyr
There’s no lack of Quorum with the new firm.
New York City to harvest blockchain innovation
City launching two new initiatives to support growing industry.
Capital One buys digital identity start-up Confyrm
“Scrappy little start-up” has made a difference.
FinovateSpring 2018: cybersecurity, branch banking, partnerships, financial wellness, and more
Headlining speakers discuss the hottest topics of FinovateSpring 2018.
Trading app Robinhood feeling merry with $363m funding
Series D round puts its valuation at $5.6 billion.
Apple and Goldman Sachs to unveil new credit card
Could be on its way in 2019.
FinovateSpring 2018 Best of Show winners announced
Congratulations to the five companies whose live demonstrations wowed the Finovate crowd!
RBS walloped with $4.9bn fine for lending legacy issues
US Department of Justice lays down the law.
Horicon Bank in digital tech revamp with Malauzai
Malauzai’s digital banking tech interfaced to Horicon Bank’s core banking system, Finastra’s Fusion Phoenix.
Insurtech Betterview feeling better with Nationwide investment
Nationwide in the US. Not the UK one.
Equifax offers more facts on massive data breach
Opens up to US Congress about 2017 cybersecurity incident.
Splitit expands payment options with debit card instalments
Splitit (formerly PayItSimple) has launched an instalment payment solution for debit cards.
Credit Karma teams with SpyCloud for dark web data monitoring
Credit Karma expands its identity theft monitoring offering to include data from the dark web.
WealthSpark replaces Personal Capital 401(k)
WealthSpark is a joint effort between Personal Capital and AllianceBernstein (AB).
BOK Financial turns to Roostify for mortgage lendtech revamp
Oklahoma-based BOK Financial joins forces with digital lending platform Roostify.
New holding company Syncapay looks for paytech acquisitions
Syncapay’s vision is to build a powerhouse portfolio of disruptor payment solutions.
JP Morgan Chase to patent blockchain-based interbank payments tech
Application filed with the US Patent and Trademark Office.
IBM acquires data tech firm Armanta
Armanta will be integrated into IBM’s Watson Financial Services portfolio.
Trusted Key raises $3m for passwordless authentication
Trusted Key’s total funding now stands at $4.1 million.
Student Loan Genius lands $4.7m new funding
11 investors participated in the funding round.
