Report: State of digital sales in banking
The results are in! Read the third annual Digital Sales Report.
Innovation
Georgia’s TBC Bank launches digital neobank Space
SaaS engine Mambu powers new autonomous business.
Don’t be that guy: cautionary tales for banking and life
You’ve been warned.
Largest start-up class yet enters UC Berkeley’s accelerator
More than 100 start-up teams begin the programme.
Patients are a virtue in pacey Prudential claims process
Paperless and chatbots are the cure in Hong Kong.
Latin lovers fonYou and Claro reveal AI-driven microfinance
Two telcos in lovely Latin American liaison.
UK’s cyber innovation centre opens
Comes with £14.5m investment.
Australian challenger bank 86 400 launches
Team includes former ANZ CEO and ex-Metro Bank founder.
Infosys Finacle powers Santander UK’s corporate core banking revamp
Finastra’s Equation core banking system on the way out.
SoftBank’s humanoid robot Pepper comes to HSBC USA
Robots relish retail banking.
Five Degrees and BillPro launch European banking service
Five Degrees’ core banking solution Matrix is at the centre.
Nationwide seeks start-up action with £50m fund
Mobile activity by customers has prompted the society to invest in the sector.
UK start-up Congo to build e-commerce infrastructure
London-based firm is inspired by WordPress and Magento.
UAE digital payments start-up Foloosi fires up
New firm offers cashless transactions through a digital wallet.
Gusto turns payday into any day with Flexible Pay
Workers can get paid outside of their employer’s standard payroll schedule.
French savings firm Cashbee preps for flying launch
Offering automated, digital cash deposits and savings.
Bahrain Development Bank unleashes $100m VC fund
Will provide support to Middle East start-ups.
UK government backs GMEX to build new trading exchange in Mauritius
GMEX consortium investment in Mindex project amounts to $35 million.
Eight looking great for fast track blockchain
Project includes Santander, BBVA, BNP Paribas, Commerzbank and Societe Generale.
Monzo taps TransferWise for in-apps international payments
16 foreign currencies available, and more to come.
Ant Financial turns to Standard Chartered for blockchain payments
Standard Chartered becomes core partner bank.
BBVA launches facial recognition payments
All part of its “invisible payments” strategy.
Double up with Starling’s joint account
A mobile application for openings and break-ups.
Investment marketplace Newchip lands $2m in funding
Participants in round include JadeValue Fintech, Yeoman’s Capital and Polymath.
Biometrics firm Veridium touched by $150,000 grant
The grant is funded by the Bill and Melinda Gates Foundation.
Fintech sandboxes: bring your own sand
The importance of full-featured sandboxes for the next generation of fintech.
PayPal gets anti-fraud ability with $120m acquisition of Simility
Buys fraud prevention and risk management platform.
UK government unleashes Financial Services Skills Taskforce
Wants to secure the nation’s future post-Brexit.
Better Fintech launches for financial equality
Former Green Dot employee wants to foster financial literacy and equality in the US.
BBVA unveils Next Technologies for digital drive
Beeva and i4S become BBVA Next Technologies.
Crypto firm Fantom menaces rivals with $40m funding
Will build directed acyclic graph-based smart contract platform.
Webinar: Banking reimagined – building an integrated digital ecosystem
Join Capgemini and FinTech Futures on Wednesday, 11 July for a live webinar!
Financial sector organisations must forge ahead with video or risk getting left behind
Fantasy has quickly become reality.
Luxoft smashes it with Smashing Ideas acquisition
Smashing, lovely, super. Purchase bolsters digital research, strategy and design.
Top fintech stories this week – 22 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
IBM criticism brings more blues to TSB tech issues
Big Blue says go-live criteria to prove production wasn’t ready.
Alfa-Bank Belarus moves to OpenWay’s digital platform
Payment cards and online services migrated.
MYbank plans stellar SME support
Ant Financial brand offers the promised land.
Canada’s Interac Lab gets in on innovation hub act
Based within the Communitech tech hub in Ontario.
Israel’s crypto regulations drama drags on
Now the Association of Banks in Israel demands regulation.
