Infographic: the incredible growth of fintech
Some facts and figures on the incredible growth of fintech in one nifty infographic.
Digital
Australia’s New Payments Platform: Adventureland
The payments reforms in Australia are going full steam ahead.
Snapsheet teams with Aviva Canada for virtual insurance claims
This marks Snapsheet’s first step into the Canadian market.
Fintech funding round-up: 2 March 2018
Stars Blueprint Income, Wecash Technology and Everproof.
Ink Protocol and Kleros to tackle P2P marketplace transaction disputes
They seek justice. It is written onto the Ethereum blockchain.
Fleetcor unveils pilot payments programme with Ripple
New pilot will explore use of digital asset XRP.
Third of UK customers ready to trust tech firms with bank account
Customers happy to sign over access to their financial data to “trusted” tech companies.
Bank of England guv’nor gives cryptocurrencies grief
BoE-ring! Carney joins critical-of-cryptocurrencies crowd.
Leumi ABL selects Encompass for KYC compliance
Asset-based lending subsidiary of Bank Leumi (UK) looks for improvements.
US Fed preps for next phase of payments push
All part of Fed’s ambition to revamp nation’s payments system by 2020.
Nesta offers £2.5m prize fund for fintech start-ups
Applications are open for next phase of its “Open Up Challenge”.
Top fintech stories this week – 2 March 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Insurance industry identity crisis and modernisation
Modernisation isn’t just a necessity, it’s an inevitable cultural change and the pivot point is now.
UK challenger Revolut rejoices as it breaks even
Revolut is leading the charge for challenger banks by breaking even for the first time.
Ingenico brings touch of glass to PIN payments
Users can insert cards in compact smartcard reader and enter PIN on personal mobile device of merchant.
Bean plans to be kernel of UK comparison apps
Gets FCA approval to launch its payments service across the nation.
Nomura goes quantum in asset management space
Launches joint research project with Tohoku University in Sendai.
CFSI and JP Morgan Chase fintech lab chases diverse talent
US-based Financial Solutions Lab is looking for diverse range of applications for fourth innovation challenge.
White paper: A buyer’s guide to online identity verification
How to separate the contenders from the pretenders in online identity verification vendors?
Banking Technology March 2018 issue out now
Fintech with flourish. Nourish your brain.
National cryptocurrencies are not a thing: a pedant’s lament
Here we are, talking about decentralised centralised networks. Madness?
Hong Kong regulator mulls academy of finance
The financial secretary in the 2018-19 budget tasked the HKMA to look at this.
Banking systems go down at South Africa’s Standard Bank
Bank reported problems with its self-service channels.
Fintech funding round-up: 28 February 2018
Features Babb, Payslip and a global reminder.
Digital transformation: is NatWest leading the way or going a step too far?
A bold new move that could shake up the banking industry.
Hong Kong’s fintech scene gets budget boost
Financial services and fintech sectors get handy boost of $63.9m over next five years.
Facebook Messenger fuels Mastercard’s payments pursuit in Africa and Asia
Pilot in Nigeria is start of larger plan to get more businesses into their version of digital economy.
Global VC investment in fintech reaches record $27.4bn
Driven by surge in India, US and UK, Accenture analysis finds.
Dream Payments and Mastercard speed up insurance payouts
Cloud-based payments platform Dream Payments has teamed up with Mastercard.
ANZ seeks innovation throne with Data Republic
Bank takes an equity stake in local start-up to boost its data innovation ambitions.
Oman’s Bank Muscat refreshes on TCS Bancs core system
System will be used for its fund and investment operations.
Fintech funding round-up: 27 February 2018
From the US to Brazil – stars Pagaya Investments, C2FO and RecargaPay.
Virgin Money’s digital bank edges to beta testing
Beta testing expected in the second half of this year.
UK regulator turns cash saver with new credit card rules
FCA says new rules will save consumers between £310m and £1.3bn a year in lower interest charges.
NatWest unleashes four fintech accelerators
UK hub hullabaloo in Bristol, Edinburgh, London and Manchester.
FCA orders Vanquis to repay customers £168m for price disclosure fails
Also hit with fine of £1.97m for not disclosing full price of an add-on product.
ID Finance brings behavioural biometrics to fraud fight
Barcelona-based firm incorporating biometrics into its AI-based fraud scoring engine.
Bazaarvoice acquires e-commerce app provider AddStructure
Addstructure offers search and discovery apps for e-commerce merchants.
Kawartha Credit Union picks Fiserv’s DNA for revamp
Ontario-based organisation has opted to replace its Acumen core processing platform.
TD Bank outage outrages US customers
It wasn’t a good week (or even longer) for US customers.
