Payfone gets $23m in funding from Synchrony Financial
New round takes digital identity authentication company’s total funding to $93.6 million.
Mobile
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.
Revolut uses GPS for FX app launch in APAC
Starting with New Zealand, Singapore and Japan.
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.
SGBL turns to Backbase for digital banking revamp
Lebanon-based Société Générale de Banque au Liban makes its choice.
Fintech funding round-up: 13 February 2018
From India via Israel to Finland – starring MoneyOnMobile, Tipalti and Zervant.
E-ZPass links with PayByCar to advance in-vehicle payments
PayByCar lets drivers use toll transponders to make additional purchases, such as fuel, fast food, and car washes.
SpherePay and TrueChain plan to bring cryptocurrencies into real-life transactions
Singapore-based mobile payment firm teams up with Chinese blockchain company.
Fintech funding round-up: 12 February 2018
Featuring YapStone, Stash, Moneyfellows and Lendingkart.
Visa buys payments firm Fraedom
Fraedom has been a Visa partner for nearly ten years.
MUFG teams with iAPPS for Southeast Asia push
Looking at cross-border payments and settlements.
Larky deepens partnership with Sharetec
Core processing provider Sharetec expanding relationship with mobile engagement and loyalty programme firm Larky,
How the bank of tomorrow engages its customers today
Customer proposition depends on a data driven approach designed for early adopting, millennial professionals.
Bud blossoms with two new payment licences
UK-based web and mobile app has got regulatory authorisation to aggregate accounts and initiate payments.
Deutsche Bank’s multibanking service goes live
One login to rule them all – for transferring money from all aggregated accounts.
PrePay Solutions takes a shine to challenger bank Coconut
PPS is providing the banking infrastructure and card technology.
Veridium to power biometrics for Nordea
Bank will use VeridiumID to replace tokens with biometric authentication for access to data.
Payments round-up: 6 February 2018
Stars SafeCharge, WorldRemit, Wing Cambodia Limited Specialised Bank, PaymentComponents and Amazon India.
Starling a great Flux for digitised loyalty rewards
Integration marks the second stage in their partnership.
Cisco, Apple, Aon and Allianz unveil cyber risk management solution
Combines evaluation services, technology, and options for cyber insurance coverage.
Standard Chartered signs for Moneythor’s digital banking toolkit
The project is in line with Standard Chartered’s objective to be “the digital bank with a human touch”.
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.
Urban FT takes over troubled Digiliti Money
Digiliti Money will merge into Urban FT’s affiliate, FinTech Imaging Solutions.
Handle Financial’s Prism mobile app reaches $1bn in bills paid
Also, Prism has recently surpassed 11,000 billers across the US.
Alipay crosses Finnish line for cashless payments
Group of Chinese travellers conclude first ever cashless journey to Finland.
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.
PayPal powers BofA Merrill digital payments
US-based commercial clients can now make payments in local currencies.
Buddybank finally opens for business
Smartphone-only bank was slated to open its doors in early 2017.
Amex acquires AI travel aide Mezi
Getting in on messaging market with tidy acquisition of personal travel assistant Mezi.
Huddlestock and Acuity bring mobile trading to Sri Lanka
Offering the ability to “crowd-trade and access investment ideas”.
Challenger bank Fiinu to put people before profit
Digital bank Fiinu plans to launch in early 2019.
Bankwest launches Australia’s first payments ring, Bankwest Halo
“Just grab the things you need, fist-bump the terminal and go.”
Coconut launches business current account for self-employed
Coconut “cracks open” its app-based business account for freelancers and self-employed people.
Payments round-up: 30 January 2018
Featuring Vocalink, Shieldpay, Huawei, UnionPay, Pelican, PaymentComponents, Infosistema and Banco BAI Europa.
Payoneer partners with Waze to power local payments
Currently available in Texas, California and Israel.
Linxo links up with Raisin to save Europe
A Franco-German alliance targets the European savings sector.
ABN Amro, ING and Rabobank hit by cyberattacks
All suffered a series of DDoS attacks last weekend.
