Monzo to follow gambling block with merchant version
The challenger bank aims to help people reduce negative spending habits.
Data & Analytics
Indian neobank Yelo raises seed round
The start-up is personalised to gig economy workers.
Goldman Sachs lends Mexican start-up Konfio $100m
The companies had “several” event run-ins.
AI: The missing piece for Cobol modernisation in finance
Modernisation for mission-critical software is in sight for the first time.
Top fintech stories this week-06 September 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
BigID raises $50m in Series C funding round
BigID has now raised more than $96 million.
Malta FSA supports local fintechs
A new general counsel will manage domestic financial legislation.
Happy Money raises $70 Million in Series D round
The fintech evaluates “happy” and “sad” spending patterns.
A launchpad platform for savings providers
Savings providers can improve productivity, efficiency and accuracy.
Indonesian FSA launches online register to monitor fintechs
The platform will grow business through OJK’s innovation hub.
Hong Kong authority changes guidelines to boost fintech
Lenders can now use big data analysis to review applications.
Cyber landscape, threats and trends in financial services
Investment in emerging technologies is likely to be a key theme next year.
Kabbage acquires Radius Intelligence to expand its data library
Kabbage is backed by SoftBank and lends up to $250,000.
eBook: How to detect the 7 types of document and identity fraud
Master the art of fraud detection with this free eBook from Onfido.
Tinkoff launches Pulse social network for investors
Tinkoff’s app is now a “one-stop shop” for all communication.
White paper: Financial services organisations – extracting powerful insights with AI-powered platforms
Find out how AI-powered platforms extract information and insights from data!
Distributed compliance is the key to banks increasing CDD and KYC challenges
We must we re-imagine risk management and compliance.
Mobile technology enabling financial access to millions
Zenka is challenging its competitors and courageously conquering the Kenyan lending industry.
Trends in banking
Evolving the operational models to deliver faster customer services, cost efficiencies and competitive offering.
Top fintech stories this week – 30 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
DSK Bank fined for data breach affecting over 33,000 clients
The breach exposed full names, addresses, copies of ID cards, bank account numbers and property deed data.
White paper: Digitalisation, automation, coverage, timeliness and reliability
Challenges regarding the automatic exchange of information (AEOI) regarding tax matters summarised.
Big gains in the cloud, especially for small banks
But will putting our data in the cloud put our data at risk?
Temenos acquires Kony for $559m
The transaction is due to be completed by early Q4 2019.
Tech Mahindra and Adjoint collaborate on blockchain finserv and insurance solution
This will be the firms first treasury and insurance blockchain solution offering.
Ethos raises $60m led by GV and Goldman Sachs
The insurtech has since raised a more than $100 million to-date.
Experian A/NZ acquires Australian fintech Look Who’s Charging
The deal will bolster Experian’s open data offering in the region.
Platform9 targets global growth with $25m funding
The firm helps companies run cloud-native infrastructure at scale.
Cybersecurity start-up Axonius closes $20m Series B
This was the firm’s second fundraise of the year.
Schroders Personal Wealth troubled by IT issues
The launch of the joint venture between Lloyds and Schroders have prompted widespread complaints from staff.
Standard Bank and Nomanini sign 12-months in the making $4m deal
Nomanini will be looking to raise additional funding for growth.
Doing smarter, cleaner business: The analytics potential of trade data
Banks’ data-rich future should not begin and end with trade flows.
SME lending: banks aren’t using enough data
And it could be hurting their bottom line.
Top fintech stories this week – 23 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Barclays customers suffer most internet banking incidents
There were 21 operational and security incidents within a year.
Swiss fintech start-up Numbrs reaches unicorn status
Numbrs raised $40 million, pushing it over $1 billion in value.
JP Morgan to shut down Chase Pay app in early 2020
This venture will soon be joining the US bank’s other shelved platforms this year.
Data breach leaves PayID’s customer details exposed
NPP Australia confirms the affected data included name and account numbers.
Tink tells NCA companies “are not ready” for PSD2
The letter also asks for “stronger industry collaboration” with TPPs.
