United Trust Bank launches facial recognition ID verification
The new system takes only 90 seconds to complete.
Innovation
Tax app untied receives authorisation from FCA
It can take full advantage of open banking.
SmartStream RDU launches SFTR security reference data service
Gathering data required under SFTR could prove to be a headache for most firms.
Bankmed (Suisse) SA chooses MIT’s trade finance platform
“Releasing 5G is another important milestone for MIT.”
Mastercard and R3 deliver blockchain cross-border payments solution
The partnership will focus on connecting global faster payments infrastructures.
Honcho lands spot on Tech Nation fintech accelerator
The firm launched into the car insurance market this month.
New exchange fintech Currensea goes live in the UK
The card allows users to save on foreign spending.
Facebook’s Libra seeks payment system licence from Swiss regulator
The association also submitted a request for a ruling to clarify its regulatory status.
DN Intersect 2019: Apple Card to be “most successful bank account launch in history”
“If you don’t go mobile […] then you’re going to look like Nokia,” says Richard Crone.
iSunOne to build world’s first Islamic blockchain financial system
The firm will work directly with the Malaysian government.
DN Intersect 2019: Libra is the “biggest greenfield opportunity” for banks
There are fears banks have missed the boat with Libra.
US Bank acquires Talech to help drive digital transformation
The deal enhances the bank’s digital services for SMEs.
New challenger bank Zenus picks NICE Actimize AML tech
The bank wants a cloud-focused financial crime strategy.
Nationwide partners up with Qlik
The primary goal is to make all employees across the organisation ‘data enabled’.
Volante launches free SaaS RTP instant payments processing
The offering is for the US Clearing House (TCH) RTP and European SEPA RT1 or TIPS instant payments.
NAB launches cybersecurity alliance in Victorian parliament
The bank has partnered with La Trobe University to provide cybersecurity workforce development.
Three top Aussie banks back start-up that banishes paper receipts
The start-up, Slyp, is founded by two former PayPal executives.
bunq: A bank built by coders
Martin Whybrow catches up with founder, Ali Niknam.
Ask the expert: your questions on growing the business answered
What’s the best way to create a winning team?
BNP Paribas teams up with Kantox
This enables them to jointly offer Kantox’s Dynamic Hedging solution to BNP Paribas’ EMEA clients.
Spendesk raises €35m in Series B funding
The French company plans new offices in London and Berlin.
Live webinar: Why operational excellence in payments is critical to your future success
Register to the Red Hat fireside chat live from Sibos!
Xinja lands full Aussie banking licence
It is the country’s first independent neobank to receive a full licence and open accounts.
AI firm Syte eyes global expansion with $21.5m funding
The company will branch into visual AI-powered personalisation.
DN Intersect 2019: TwinStar can finally innovate with new cloud solution
Now credit unions can work within a tile framework.
PrimaryBid closes £7 million funding round to fuel expansion
It will use the funds to expand its sales and marketing efforts and IT developments.
Delta Capita and DTCC Collaborate on SFTR Testing
Delta will make the test pack available to DTCC to test its own SFTR matching and reporting service prior to launch.
PRA grants Allica its banking licence
It’s now planning for a full launch and will ultimately offer working capital solutions and cash management.
Taking on the apps
How can big finance ready itself? Find out the five steps that can help.
ING teams up with Dutch supermarket and US tech start-up
The bank is piloting a cashierless store at Albert Heijn in cooperation with AiFi.
Sonovate raises £110m to drive invoice finance
The UK fintech aims for international expansion.
Monzo to follow gambling block with merchant version
The challenger bank aims to help people reduce negative spending habits.
Foloosi targets GCC expansion with $500k seed funding
The Dubai-based start-up offers cashless payment solutions.
Revolut withdraws banking licence application in Luxembourg
It needs regulatory approval from an EU27 state to maintain EU single market access post-Brexit.
First UK fintech consumer panel launched in Scotland
Consumers will innovate alongside the entrepreneurs.
Swift to reveal European E2E payments pilot
Swift has already achieved sub-one-minute payments outside Europe.
AI: The missing piece for Cobol modernisation in finance
Modernisation for mission-critical software is in sight for the first time.
Top fintech stories this week-06 September 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
Apis acquires majority stake in paytech Tutuka
It was attracted to Tutuka’s strong presence across 19 emerging markets.
