Trusted Knight nobly unveils Protector Air to fight fraud
Cloud-based solution deploys in-stream between consumers and businesses.
USA
Beacon Community Bank opts for Jack Henry’s Silverlake core banking system
The solution is supplied on a hosted basis via JHA OutLink Processing Services.
Affirm introduces in-store capabilities; integrates virtual cards with Apple Pay
Affirm InStore, an alternative to traditional credit cards at brick-and-mortar merchants.
Cryptocurrency and tax compliance: navigating the new world of digital money
All you need to know about US tax compliance concerns associated with cryptocurrencies.
Privakey launches free cloud authentication service
Digital identity service provider Privakey is making its cloud authentication service available for free.
Ellie Mae to power loan data and documents delivery for Pacific Union
Ellie Mae has teamed up with government lender Pacific Union Financial.
BB&T scraps SAP core banking tech project
SAP’s first core banking technology project in the US is no more, it is believed.
N26 raises €110m and eyes US expansion
German mobile challenger bank will also consolidate its presence in Europe.
Online payroll and HR tech provider Gusto goes freemium
Gusto’s HR Basics offers small businesses a set of basic HR tools for free.
BlueVine and Veem: SME financing meets cross-border payments
New partnership to enable small business owners to save on international payments.
Lanco FCU live with new core banking system, Symitar’s Episys
New tech is provided on a hosted basis by Member Driven Technologies (MDT).
Coinbase taken to court, twice
Cryptocurrency exchange Coinbase has landed in more hot water with two federal class action lawsuits.
Amazon checks out JP Morgan over checking accounts product
Don’t be an Amazon worrier – this is a potential opportunity.
Fintech funding round-up: 2 March 2018
Stars Blueprint Income, Wecash Technology and Everproof.
Fleetcor unveils pilot payments programme with Ripple
New pilot will explore use of digital asset XRP.
Nasdaq files patent infringement lawsuit against IEX
Lawsuit aims to halt unauthorised use of proprietary electronic trading platform technology.
US Fed preps for next phase of payments push
All part of Fed’s ambition to revamp nation’s payments system by 2020.
PayPal settles FTC complaints over Venmo vagueness
FTC reaches settlement over allegations that PayPal provided inaccurate payments information to Venmo users.
CFSI and JP Morgan Chase fintech lab chases diverse talent
US-based Financial Solutions Lab is looking for diverse range of applications for fourth innovation challenge.
Dream Payments and Mastercard speed up insurance payouts
Cloud-based payments platform Dream Payments has teamed up with Mastercard.
Fintech funding round-up: 27 February 2018
From the US to Brazil – stars Pagaya Investments, C2FO and RecargaPay.
Bazaarvoice acquires e-commerce app provider AddStructure
Addstructure offers search and discovery apps for e-commerce merchants.
Circle buys Poloniex to expand cryptocurrency services
Acquires a rival of Coinbase and Kraken to spice up cryptocurrency arena.
TD Bank outage outrages US customers
It wasn’t a good week (or even longer) for US customers.
GreenKey teams with IPC to develop AI-based speech recognition solution
Will convert real-time voice into useable data for financial market participants.
US Bank and AutoGravity team to “revolutionise” digital car buying
Giving those looking for auto financing a straightforward process and a loan decision within minutes.
Customer experience at the centre of innovation agenda
Innovating is the only way to stay ahead in today’s dynamic marketplace.
POPin’s clever notion for video banking emotion
New app added to its interactive mobile solution to work out emotional state of customers.
BB&T banking systems go down
North Carolina-based organisation’s ATMs and digital operations affected.
Switch unveils Cardsavr API to get cards into e-commerce circulation faster
The “first and only” fintech addressing this credit card management issue for consumers, merchants and FIs.
Kony brings digital magic to Partners Federal CU revamp
Ploy Story or Beauty and the Increased?
FCA and CFTC to collaborate on fintech innovation
Financial Conduct Authority and Commodity Futures Trading Commission have signed an arrangement for UK-US initiatives.
Algorand nabs $4m for blockchain aiming to avoid Bitcoin’s flaws
Straight out of MIT – and reckons it can solve the problems dogging Bitcoin and other digital currencies.
US Bancorp hit with $613m fine for AML fails
Anti-money laundering activities not noticed due to a lack of staff and resources.
Q2 and Acorns strike a multi-year tech deal
Digital banking solutions provider Q2 has signed a deal with financial services platform Acorns.
Lendtech Roostify lands $25m to disrupt mortgage industry
Roostify’s Series B funding round comes from new and existing investors.
Amazon teams with Bank of America for lendtech leap
Looking to expand its lendtech programme for small businesses that sell on Amazon’s websites.
BBVA taps digital start-up Azlo to target US freelance market
Bank partners with business account provider for American dream.
Fintech start-ups acquired by banks – CB Insights
2017 saw more acquisitions by top US banks than any other year.
Bankjoy plays it SafeAmerica CU for mobile banking
US credit union enrolled 25% of its active users within the first day of the launch.
