USAA begins testing AR-powered car-buying app
The app recognises cards and gives purchase info in real time.
USA
US paytech Elan sold to Fiserv for $690m
Elan comes with revenues of over $170m.
CFCU Community Credit Union in tech revamp with Fiserv
CFCU Community Credit Union has signed for a suite of solutions from Fiserv, Digital EdgeSM.
Wells Fargo plans to cut 26,500 jobs
Significant job cuts expected over the next three years, according to CEO.
HackerOne secures contract with US General Services Administration
HackerOne wins a $2m “bug bounty” contract with the US General Services Administration.
Fintech Bread lands $60m funding
Bread’s revenue has increased fivefold so far this year.
Credit scoring firm Cortera lands $10m funding
B2B credit scoring company Cortera has landed $10 million in funding,
Scratch that lendtech itch with new loan servicing platform
US start-up automates back-office “complexities” of loan management.
DefenseStorm forges partnership with Alogent
A reminder of the importance of cybersecurity to the world of digital banking.
CardFlight makes SwipeSimple tech better all right
Mobile POS and payment technology firm is flying high.
Finicity cosies up to Capsilon for mortgage magic
Verification of Assets solution meets borrower and loan officer workspaces.
No mystery as BB&T invests $5m in data firm Enigma
This is BB&T’s first outlay of its $50m fintech commitment.
TradeIt and TradingView go for big brokers
Retail investors and traders will be able to buy and sell with some of the biggest brokers.
Fintech’s most popular value-props – FinovateFall 2018 Edition
Greg Palmer opens up about the four value propositions he sees the most when coaching for Finovate.
UiPath raises $225m for AI and RPA solutions
Series C led by CapitalG and Sequoia Capital.
TransPecos Bank launches new digital brand, outsources tech to Nymbus
The operations of BankMD will be outsourced to Nymbus via its SmartLaunch platform.
Fidelity CEO hints at blockchain and crypto products
CEO Abigail Johnson was speaking at a Boston fintech conference.
New York sues US to halt fintech charters
Another regulator kicks up a fuss over national bank charters.
State supervisor keeps on fighting against US fintech charter
Conference of State Bank Supervisors will renew its litigation against OCC.
Top fintech stories this week – 14 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Dwolla shuts last branded product Transfer
Dwolla will now focus on its white-label business money transfer product.
US blockchain start-ups launch Blockchain Association
The crypto force assembles!
NCR nets trio of US credit union wins
California, Texas and Arizona show some love to Digital Insight solutions.
Meed to unveil mobile banking programme in US
Partners with Valley National Bank of Oklahoma for December launch.
Bank of China US ups compliance with Fenergo
Welcome to the world of acronyms: KYC, AML and CDD.
Paxos makes im-PAX with new stablecoin
Paxos Standard is “the world’s first regulated crypto asset”.
Payrailz brightens up Suncoast Credit Union payment services
The biggest credit union in Florida has a wailz of a time.
Fraud detector Ravelin reels in £8m funding
Series B round led by BlackFin Capital Partners.
Fiserv gives voice to First Hawaiian Bank with Alexa
As more and more customers use voice-enabled features.
Chain and Lightyear leap into Interstellar blockchain space
Crypto ledger company finally acquired by blockchain tech firm.
Baltimore in awe as Facet Wealth scores $33m funding
US wealthtech plans to expand its personal financial planning platform.
Novo business banking launches in US
New bank offers a current account and debit card solutions for start-ups.
TNB USA Bank sues NY Fed over master account access
Connecticut-based bank says it needs the account to function.
Case study: Live Oak Bank and Finxact – riding the second wave
The US, in particular, is in urgent need of new core offerings to support next generation digital banking.
Wells Fargo wholesale banking unit probed for fraud
US Justice Department checking out bank employees and management pressure.
Valley National Bank goes digitally deep with SAP and Axxiome
Oklahoma-based bank just can’t say no to a major revamp.
Fiserv fires up new digital loan origination system
Maryland-based Hamilton Bank is first bank to beta test it.
Goldman Sachs hasn’t dropped crypto trading desk plans
Well… this story has been updated.
IdentityMind unveils regtech webstore
Will let companies integrate compliance and regulatory technologies into their solutions.
FIS sells Certegy cheque business
Certegy Check Services sold to Variant Equity Advisors.
