Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
The platform has since raised $100m in 12 months.
Current payment systems require a human to trigger the process.
The ‘Mobile Student Edition’ is designed to tap into the Gen Z market
It’s now the most valuable EU fintech with a valuation of $5.5 billion.
It detects irregular trading patterns and alerts officials according to machine-learning.
FedNow will be available to all US-based banks by 2024.
The data leak allowed staff engineers access to PINs stored in encrypted log files.
Xceptor uses AI to to extract and transform any type of data from any source.
The US will pay in four scheduled bi-weekly instalments to reflect the US salary schedule.
Coinbase Custody had reached $1 billion in crypto AUM in May.
Some of this week’s news, in video format!
It will run all of its brokerage and wealth management operations.
The cross-border platform will optimise companies’ working capital.
The deal should close later this year.
The filing and settling charges are against the trader, Benjamin Cox.
“We are jointly creating an international payment giant.”
The bank sees 60% growth since introducing self-serve solution.
The platform is onboarding users gradually.
Scan and pay from your phone.
The firm collaborates with regulators manage financial risks.
The AI firm generates better marketing copy.
The FSC does not plan on issuing more virtual bank permits.
While OnDeck pursues a banking charter.
Millennials can now be texted the best way to grow their money.
The robo-advisory start-up will use it to offer more products.
The ABA expressed serious concerns Rakuten gaining a banking charter.
Fiserv’s First Data will provide services to its current client merchants until June 2023.
The bank is also outsourcing its data warehouse supply chain.
More than 100 million customers’ details were compromised in the incident.
JP Morgan, Citigroup and UBS also named in US-style class action.
The savings account offers annual yields of 2.69%.
The platform saw a successful launch in Belgium.
Manchester-based B-North has applied for a banking licence.
The firm aims to make decentralised finance accessible.
The two companies will also collaborate on cashless payments solutions.
Sources say Visa may acquire parts of the Nordic fintech.
The fintech also launched its own digital currency, Pays XDR.
Catch up on FinTech Futures’ top five stories this week!
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