Andreessen Horowitz leads very nice $8.5m investment in Very Good Security
“You can’t hack what isn’t there.”
Data & Analytics
UK government preps banking and fintech for no Brexit deal
Just in case things don’t go to plan after 29 March 2019.
Sentifi savours success at Swisscom start-up challenge
Swiss firm bested more than 230 rivals to win the challenge.
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Crashmatics: a connected policy for the connected car
Has the insurance industry lost sight of what the “black-box” is for?
Amazon takes UK insurers on comparison ride
A price comparison site is rumoured to be in the works.
ID Finance revels in 97% revenue growth
No pain in Spain for data science and credit scoring firm.
FinTech for Good Award: honouring organisations for outstanding social impact
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Top fintech stories this week – 10 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Sberbank spares $400k for six start-ups
First wave of Sber#Up in-house accelerator ends.
Finicity inks data exchange deal with Capital One
More data sharing and more security are the goals.
Feedzai brings machine learning to fraud fight
Turning the tedious and time consuming to dust?
Facebook wants your bank data
It has “not learned its lesson about the importance of user privacy”.
Big data start-up Quantexa raises $20m for big plans
Series B funding round led by Dawn Capital.
Xero buys paperless accounting hero Hubdoc
“Business has never been so beautiful.” Awww. Pass the sick bag.
AXIS Capital launches insurtech investment arm
Company aims to up its investment game via AXIS Digital Ventures.
Tips for writing a Banking Technology Awards winning entry
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Feedzai to help Credorax fight merchant fraud
Feedzai uses big data technology to stop payment fraud in real-time.
Figure Eight dates Google Cloud for machine learning
Figure Eight will serve as the data launch partner for Google Cloud AutoML.
Credit Suisse unveils $261m fintech fund
Its NEXT Investors team will be looking for the next group of firms to invest in.
eBook: Tackling data for regulatory compliance in banking
Three ways to rethink data management to comply faster and smarter.
UOB invests in cognitive banking firm Personetics
UOB will also use Personetics’ tech to extend its own machine learning capabilities.
HSBC boosting cloud capabilities with Google
The expansion will improve big data, analytics and fraud detection.
Atos to acquire digital dynamo Syntel for $3.4bn
Syntel provides cloud, social media, mobile, analytics and IoT solutions.
Banca IFIS launches digital insurance platform Rendimax
Focused on customer service, without any intermediaries.
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Ingenico turns to MapR for payments data consolidation
Data analytics firm will help Ingenico deal with too much to deal with.
Tradeteq takes in $6.3m funding
Trade finance distribution platform plans new apps and data services.
Equifax acquires alternative data provider DataX
DataX brand and employees integrated into Equifax’s Banking and Lending Division.
Singapore goes AI: training, incentives and regulation
Banks in Singapore take the lead on artificial intelligence (AI) training.
IBM honing blockchain development and skills at Columbia University
When academia meets business.
EU takes issue with anticompetitive fintech
A thorough analysis by the European Parliament, but with few conclusions.
Analytics firm MapD launches latest platform version
San Francisco-based analytics and visualisation company stays fresh and juicy.
Banking Technology Awards 2018: celebrating people that make things happen!
Taking place on 13 December in London.
Data manager Hazelcast gets new cast of customers
New faces include Lloyds, UBS, and National Australia Bank.
Eye in the sky: how drones can shape underwriting
Drones are hitting the mainstream – but how do they impact insurance?
IBM docks with Banca Carige for $500m American JV
Looking to help Italian bank with AI, big data, analytics and cognitive tools.
BeSmartee and LoanFuel make mortgages mobile
LoanFuel will integrate BeSmartee’s technology into its mobile app.
Aixigo relaunches digital portfolio management system
Enhancements for portfolio to intake and manage data sets from legacy systems.
City spotlight: tech bin ein Berliner
Berlin has established its credentials as a premier European blockchain hub.
