Jeneration game for fintech with new $800m fund
All right, my loves? Bonus news from Hong Kong-based investor.
Digital
Trading app Robinhood feeling merry with $363m funding
Series D round puts its valuation at $5.6 billion.
Banco del Pacifico live with new digital onboarding tech
Ecuador-based bank using Cyberbank Omnichannel from Technisys.
CBA charged the dead
Death is no excuse when it comes to banking fees.
Lloyd’s of London launches lab for insurtech innovation
Looking out for action in an “increasingly digital, data-driven world”.
Broadridge buys FundAssist for asset management lift
Broadridge also reveals new repo patent using blockchain.
Top fintech stories this week – 11 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Blockchain Valley Ventures begins its adventures
Swiss accelerator launches offering advice and venture capital.
Mortgage maven Trussle gets Goldman Sachs backing
Goldman Sachs among investors and part of £13.6m Series B funding.
New South Wales–India fintech exchange calls for start-ups
One-week business development programme up for grabs.
FinovateSpring 2018 Best of Show winners announced
Congratulations to the five companies whose live demonstrations wowed the Finovate crowd!
RBS walloped with $4.9bn fine for lending legacy issues
US Department of Justice lays down the law.
TrueLayer API right fit for Anorak’s life insurance
“First” application of PSD2 into this market.
Australia pushes ahead with open banking reforms
It’s a “game-changer” for consumers and businesses.
Interview: Jean-Michel Hilsenkopf, Temenos – seeing things differently
Discussing the major themes in digital banking today.
Risky business: why it’s so important to let the machines do the work
Marine, auto and cyber, just three areas we must start letting machines cut human error.
Australian start-up Athena readies to launch lending wisdom
Ex-NAB bankers looking to nab lendtech market.
Walmart buys $16bn share in Flipkart
Becomes largest shareholder in Indian e-commerce marketplace.
Mortgages shine in Castlight Financial’s open banking pilot
First pilot goes live for Scottish firm’s “Affordability Passport”.
Volt Bank powers up Down Under
For its core banking tech, Volt Bank has opted for Temenos’ T24.
Horicon Bank in digital tech revamp with Malauzai
Malauzai’s digital banking tech interfaced to Horicon Bank’s core banking system, Finastra’s Fusion Phoenix.
TSYS teams with 118 118 Money for UK credit card programme
Paytech and lendtech firms sign long-term agreement.
Credit Kudos a bureau hero in open banking roll-out race
“First credit bureau to offer open banking services to lenders and individuals.”
Nordea plans payments perfection with Connect injection
For online buying for consumers and merchants.
Infographic: Europe Day, payments and e-commerce
“Only 7% of EU businesses currently sell cross-border within the union.”
Christine Lagarde, IMF: an even-handed approach to crypto-assets
A judicious look at crypto-assets leading to neither crypto-condemnation nor crypto-euphoria.
Insurtech Betterview feeling better with Nationwide investment
Nationwide in the US. Not the UK one.
Indian lending start-up Finwego preps for launch
Gains momentum with innovation challenge award success.
Australian budget brings fintech joy
Funding for AI, blockchain and more.
Swedish payments firm iZettle plans IPO
IPO expected to be completed this year.
PaymentComponents and Infosistema API framework bags Portugal win
Caixa de Crédito Agrícola Mútuo de Mafra chooses AplonAPI.
Six and the Citi unveil API partnerships in Hong Kong
Covering cards, customers, money movement, onboarding, and pay with points.
“The #WomenInFinTech movement is critical to create positive change”
Shruthi Rao of Adapt Ready tells InsurTech Rising about her journey in fintech.
St Raphael’s Garda Credit Union extends Temenos contract
Deal includes digital channels platform, Temenos Connect, and T24 upgrade.
Virgin Money gets £1.6bn takeover offer from CYBG
Combined entity will have six million personal and business customers.
Deutsche Bank and major airlines in “game-changing” paytech pilot
Deutsche Bank to collect customer payments directly from consumer accounts under PSD2.
Maybank to invest $7.6m in digital upskill of employees
Maybank launches “FutureReady” digital upskilling programme for all employees.
Credit Karma teams with SpyCloud for dark web data monitoring
Credit Karma expands its identity theft monitoring offering to include data from the dark web.
WealthSpark replaces Personal Capital 401(k)
WealthSpark is a joint effort between Personal Capital and AllianceBernstein (AB).
Compliance in finance: why written note-taking will no longer stand up as evidence
Banks that get this right will be stealing a march on competitors.
