Credit Kudos loans its glory to Lending Works
Customers can use Credit Kudos to populate forms, verify income and prove their creditworthiness.
Digital
Hackers steal $6m from Russian bank via Swift
Russian central bank disclosed the information… very discreetly.
Algorand nabs $4m for blockchain aiming to avoid Bitcoin’s flaws
Straight out of MIT – and reckons it can solve the problems dogging Bitcoin and other digital currencies.
HSBC online and mobile banking goes down
UK not OK… as usual. Out for the count for a few hours.
Coinbase customers bugged by overcharging caper
And a blame game with Visa begins.
Infinitec unleashes digital finance solution for German SMEs
A Software-as-a-Service solution for integrated finance management.
Softtek and Mambu unveil banking Platform-as-a-Service
SaaS-y engine provider partners with Mexican system integrator.
Q2 and Acorns strike a multi-year tech deal
Digital banking solutions provider Q2 has signed a deal with financial services platform Acorns.
Amazon teams with Bank of America for lendtech leap
Looking to expand its lendtech programme for small businesses that sell on Amazon’s websites.
Top fintech stories this week – 16 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
BBVA taps digital start-up Azlo to target US freelance market
Bank partners with business account provider for American dream.
Temenos enjoys software licensing growth of 22%
Revels in a decent 2017 and keeps the momentum gained in 2016.
Fintech start-ups acquired by banks – CB Insights
2017 saw more acquisitions by top US banks than any other year.
Wirecard brings digital touch to ReiseBank’s bankomo app
Expanding collaboration by enabling users to top up smartphone account without minimum purchase requirement.
SOKA-BAU in front-to-back office tech overhaul with Simcorp
German pension fund will implement the Simcorp Dimension platform.
Edmond de Rothschild moves core mainframe system to LzLabs
Hops over to LzLabs’ Linux-based alternative, running on x86 servers.
BinckBank and Raisin double up for Dutch savings market
Launches new product “Binck Savings” – users can deposit funds with selected European partner banks.
UK money platform Nudgg pushes to launch
Allows customers to view all financial accounts in one place and make direct comparisons.
UK regulator plots global fintech sandbox
Financial Conduct Authority looking for views on the merits of a mega-model.
Bankjoy plays it SafeAmerica CU for mobile banking
US credit union enrolled 25% of its active users within the first day of the launch.
Payfone gets $23m in funding from Synchrony Financial
New round takes digital identity authentication company’s total funding to $93.6 million.
Clinc tops $4.5m in annual revenue
Conversational AI platform in the pink and hires a chief growth officer.
Fintech funding round-up: 14 February 2018
Special guest stars are Middleton Enterprises, Oradian, IdentityMind Global and Payworks.
Mashreq Bank harnesses Blue Prism digital workforce
Blue Prism integrates AI and automates dozens of processes across various business functions.
Saudi Arabian Monetary Authority pilots Ripple payments
SAMA like it hot for blockchain-powered payments.
POPin’s video banking gets some love in LA-LA land
CalCom Federal Credit Union selects POPin’s interactive mobile video banking solution.
Glossary: what’s what in fintech
What’s what in fintech? Here is a glossary of the most commonly used terms.
Fiorano the firepower in I&M Bank’s digital leap
Kenyan bank will use Fiorano’s platform while integrating with Infosys’ Finacle core banking system.
South African Reserve Bank mulls cryptocurrency regulations
Will also experiment with distributed ledger technologies – and ConsenSys helps out.
SGBL turns to Backbase for digital banking revamp
Lebanon-based Société Générale de Banque au Liban makes its choice.
How fintech firms can take cover from cyberattacks
Revolutionising technologies are coming up by day and rendering most of the old business models obsolete.
Jack Henry marks 100 bank clients using Geezeo-powered PFM service
A major milestone in the Jack Henry and Geezeo partnership.
Fintech funding round-up: 13 February 2018
From India via Israel to Finland – starring MoneyOnMobile, Tipalti and Zervant.
Global fintech funding goes over $31bn mark
Brings the total over the past three years to $122 billion.
LogMeIn goes for AI gold with Bold360 virtual assistant
A chatbot and virtual customer assistant to make service “more engaging and intuitive”.
TruFin steps into UK challenger bank zone
TruFin started trading on the alternative investment market of the London Stock Exchange.
SpherePay and TrueChain plan to bring cryptocurrencies into real-life transactions
Singapore-based mobile payment firm teams up with Chinese blockchain company.
Vietcombank in lendtech revamp with ACP
Axe Finance’s Axe Credit Portal to modernise wholesale lending tech at Vietcombank (VCB).
More fintech firms embrace Starling’s Marketplace
New group of partners includes PensionBee, Wealthsimple, Habito and Kasko in partnership with AXA.
Infographic: who is ready for Open Banking in Asia?
IDC Financial Insights maps the readiness for Open Banking among Asia, Asia Pacific and Australasia markets in 2018.
