Bud blossoms with two new payment licences
UK-based web and mobile app has got regulatory authorisation to aggregate accounts and initiate payments.
Innovation
Nordic banks mull common payments infrastructure
Danske Bank, DNB, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank in talking mood.
Wizards of Oz pull back curtain on open banking
Australian open banking review published – but still seeks feedback.
Brief: Deliver the digital bank
Speed up transactions in consumer banking and financial services.
UK regulator pushing hard on GDPR compliance
Financial Conduct Authority looking to get firms ready for the EU General Data Protection Regulation.
TrueLayer makes Zopa an open banking player
API developer platform partnering with UK financial services company for launch of products.
Banks and fintechs – friends or foes?
Who goes there? A look at new frontiers and the bottom line.
Blockchain and Bitcoin round-up: 8 February 2018
Features Binance down, a “Crypto Rich List”, and VMS Software and Swirlds.
Radius Bank mixes it with Alloy for digital revamp
Massachusetts-based bank plans to become a digital-first entity.
Singapore regulator gives customer onboarding guidance
New guidance on the use of tech solutions for non-face-to-face customer onboarding.
Deutsche Bank’s multibanking service goes live
One login to rule them all – for transferring money from all aggregated accounts.
India’s RBL Bank calls for fintech start-ups
Funding and mentorship on offer for 20 firms.
Personetics AI fuels Tandem’s digital insights
Bank will use Personetics’ Cognitive Banking Brain for new offerings within its digital banking.
US challenger Marathon International Bank to join fintech race
Will cater for the Ethiopian American community.
Seven US states standardise fintech payments
Say hello to Georgia, Illinois, Kansas, Massachusetts, Tennessee, Texas and Washington.
Fintech funding round-up: 7 February 2018
Welcome to another wave of wondrous wealth. Features Autobooks, Finomial and Rebuildingsociety.
Top performing altcoins in 2017 – Fortune Jack
Bitcoin’s movements over the last year have paved the way for up-and-coming alternative coins.
Deutsche Bank waltzes into open source space
“Waltz” solution allows organisations to gather information from multiple sources.
UK regulator reveals retail banking remedies
Overdraft warnings are one of the fixes brought in as part of CMA’s investigation.
ADGM heads e-KYC utility project in UAE
Abu Dhabi Global Market has started the development of an electronic know your customer utility.
UK fintech in record VC investment
VC investment in the nation’s fintech firms was up 153% at $1.8 billion in 2017.
The ups and downs of cryptocurrencies
Predicting what will happen to Bitcoin and other cryptocurrencies has become a cottage industry.
Blockchain and Bitcoin round-up: 6 February 2018
Features Virgin Money, Tech Bureau, Japan Net Bank, Waves Platform and Tokenomy.
Payments round-up: 6 February 2018
Stars SafeCharge, WorldRemit, Wing Cambodia Limited Specialised Bank, PaymentComponents and Amazon India.
Credit Union Australia feeling Rosie with Flamingo AI insurance chatbot
Provides a service for potential new members visiting its website.
Women in fintech: people will be empowered by connectivity
Swiss RE’s Cecilia Sevillano talks about her journey in the industry.
Virtual agent Amelia answers Credit Suisse’s call for tech support
IPSoft’s virtual agent Amelia is not just smart, but also has human qualities such as emotional awareness.
Start-up Intrapay enters payments fray
Intrapay has launched for business “to refresh the payments industry with customer-driven innovation”.
Santander and Ripple to launch blockchain-based consumer payments
Santander will launch DLT-based international payments for retail customers in Spain, Brazil, Poland and the UK.
Industry alignment or industry confusion – what is a financial institution?
How industry labels and market segment boxes are no longer so revealing.
UK Finance brings simpler banking to SMEs
18 business bank account providers agree to same basic set of information.
Alipay crosses Finnish line for cashless payments
Group of Chinese travellers conclude first ever cashless journey to Finland.
Israel Discount Bank gets AI energetic with Personetics
Cognitive Banking Brain powers AI digital financial assistant Didi.
The five myths of Open Banking
Five key myths have been allowed to percolate in the minds of consumers and it’s high time these were busted.
Case study: Sberbank – tech them on
Sberbank now benchmarks its performance against technology companies not other banks.
Top fintech stories this week – 02 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Alibaba acquires 33% stake in Ant Financial affiliate for fintech fuel
Looking to “participate in the future growth” of the fintech sector.
AHML and Tinkoff Bank to unleash digital mortgages in Russia
Agency for Housing Mortgage Lending buddies up with bank for joint venture.
Buddybank finally opens for business
Smartphone-only bank was slated to open its doors in early 2017.
Scottish billionaire mulls new bank for SMEs
Jim McColl, one of Scotland’s richest men, prepares to enter the UK banking arena.
