Swiss lender Tallyon targets wealthy with crypto founder, applies for banking licence
Lender says it will use new technology to avoid “legacy burdens”.
Digital
Finxact signs payments partnership with The Clearing House
Firms will work to implement real-time payments into the Finxact core.
Starling Bank launches dual currency debit card with pounds and euros
The card will go live alongside its business euro account launch.
Nationwide invests in UK energy bill saver Switchd
Switchd considers the energy market outside the six big players too.
Regulation and competition driving lending transformation
The key to success is a solution that provides effective data management.
Consolidated Bank Ghana goes live on Temenos T24 Transact
Consolidation project finalises under Temenos platform.
Uber relaunches credit card with Barclays, drivers get real-time cash flow
Uber has rolled out its financial product line Uber Money.
Banca Monte Paschi Belgio rebrands as new digital bank Aion
Warburg Pincus to rebrand new acquisition four months after regulatory approval.
TransPecos Banks goes live with Nymbus to support BankMD
Digital-only bank for doctors live with Nymbus solution.
Transbank chooses AEVI to overhaul its in-store checkout for Chile’s merchants
The bank support firm wants to make integrations easier for merchants.
DTCC appoints Lynn Bishop as chief information officer
Bishop also supports the advancement of women in STEM careers.
Singapore remittance start-up InstaReM rebrands to Nium
Nium CEO envisions a world where everyone’s money is free for them to use.
UCL graduate fintech TurinTech.ai raises £1m led by IQ Capital
The firm is now a resident at London’s Microsoft Reactor.
Standard Chartered opens second innovation lab in Hong Kong
The hub will be located at the bank’s 42-storey skyscraper in central Hong Kong.
Bank of America unveils new mobile banking app with loan applications built in
The bank has 29 million mobile clients.
Nordea writes off millions in IT impairment charges
The bank has racked up a €1.3 billion bill for one-off items.
Being black in the financial services industry
“Bank accounts were just not something you could attain with black skin”.
11 observations after 100 days in fintech
100 days, 11 observations, and one industry.
Spanish fintech PecunPay chooses IBM to implement Red Hat platform
The start-up is trying to keep up with ever-changing mobile apps.
OneSpan director: Banks need to implement AI’s full potential
Banks still have siloed data pools which can’t quite be pulled.
570easi launches French Islamic banking challenger SOeasi
570easi now holds a customer base of more than 90,000.
Backbase and Payveris sign digital banking partnership
The two firms aim to ease banks’ payments pain.
TransUnion appoints ex-KCOM exec Mike Davies as COO in UK
Davies grew KCOM’s business value from £50m to more than £500m.
US challenger Current raises $20m in Series B, surpasses half a million customers
The neobank began as a parent-controlled teen debit card in 2017.
SMB lender BlueVine launches banking service with Mastercard debit card
SMBs will see 1% interest on their balance and no monthly fees.
How to provide customers from China with a habitual and convenient service
An official account is the first step for a company towards the Chinese audience.
Helping ecommerce businesses accept local payments worldwide
Cardpay’s CEO discusses trends and how ecommerce businesses can expand overseas.
Cryptocurrency in 2025: What does the future hold for digital money?
Drawing on observations over the influence cryptocurrencies have been making on the wider world.
Video: Top fintech stories this week – 25 October 2019
FinTech Future’s weekly news round-up.
Temenos picked by Danish challenger Lunar to fight financial crime
Temenos says it was chosen to “address stringent regulatory demands”.
Goldman Sachs leads $35m Series B round in data storer Very Good Security
Andreessen Horowitz and Vertex Ventures also participated.
Irish credit unions finally take on banks with new current account offering
The country has long-awaited the sea change.
Revolut launches in Singapore
Country will be Revolut’s first Asian market and second outside Europe
ING validates transactions without compromising data in “blockchain breakthrough”
Transactions on Corda can now be proofed with complete privacy.
The birth of life stage banking
Finally customers will get help in managing their lifestyle or life stages.
Going the extra mile: forward thinking on customer experience
The latest Finovate eMagazine takes the hottest topic in fintech right now – customer experience – and puts it under the microscope.
A bird’s eye view of cloud and the payments industry
The sky is the limit for cloud and Volante.
Natwest, Nationwide and RBS pull banking apps from Google Play for Samsung S10 users
The S10’s fingerprint feature glitch means it can be unlocked by anyone.
Western Union expands into Asia with Kyodia and Hanpass partnership
The collaborations are live with payout functionality.
B-North aims to bring back brokers to the UK SME market
The fintech is in the process of acquiring its banking licence.
