ID.me brings identity proofing to Department of Veterans Affairs
“No identity is left behind.”
Partnerships
Brazil’s BTG Pactual makes digital token move
ReitBZ is a security token offering designed for nation’s real estate market.
Commerzbank completes securities transaction test on blockchain
Pilot with Continental and Siemens – and transaction based on R3’s Corda platform.
Onfido enjoys extended stay at 2nd Address
Identity verification for the US rentals market.
Ping An pushes into Indonesia’s fintech space
Its subsidiary OneConnect plans to offer AI, blockchain and biometrics.
Apple and Goldman Sachs to unleash iPhone/card combo
Credit cards will be rolled out to employees for testing in next few weeks.
Kenya keen on regulatory fintech sandbox
Capital Markets Authority outlines its plans for innovation.
Barclaycard says rock me Amadeus for travel payments
Amadeus’ customers will get access to virtual cards solution, Precisionpay.
SIA wins Payments Canada’s tech revamp contract
Canada powers on with its new high-value payments system, Lynx.
TerraPay takes cross-border payments to Sri Lanka
In partnership with Pan Asia Bank.
Wirecard brings Chinese payments to Austria
Alipay and the like will be offered at 150 businesses in the beginning.
SmartStream teams with Numerix for ISDA collateral management
Automated data management and risk sensitivities to the rescue.
Blink and you won’t miss its Canada launch for travel insurance
Irish insurtech un-Corks the good news.
Case study: Citizens Bank – fintech friendly
The 13th largest bank in the US pivots for digital era.
EBRD and Estonia unveil regulatory sandbox
European Bank for Reconstruction and Development and Baltic nation team up.
Interview: Aidan Millar, chief data officer, DNB – data driving
How Norway’s banking group DNB is seeking to use data to reconnect with customers.
Fintech charms US state regulator into modelling
Conference of State Bank Supervisors will implement changes based on feedback.
Barclaycard teams with SAP for precise corporate payments
Brings procurement and payment together in one place, Ariba Network.
Fintech investment in US hits record $52.5bn
KPMG’s “2018 Pulse of Fintech” report is good news for the States.
Blockchain Exchange Alliance preps tech for payments push
With a heavy emphasis on partnerships and acquisitions.
CanDeal and six Canadian banks create market data hub
BMO, CIBC, National Bank, RBC, Scotiabank and TD are involved.
Mastercard taken by Token’s charms for open banking hub
Californian company will power the paytech’s connectivity layer.
MUFG and Akamai unleash blockchain-based payment network
New joint venture called the Global Open Network.
Visa plans innovation centre in South Korea
Payments firm confirms that preparations are “in the works”.
StanChart seeks supply chain finesse with Linklogis
Bank will use firm’s digital blockchain for clients in China.
Unicaja Banco loans are in with Fintonic app
The marketplace incorporates the Spanish bank’s lending offer.
Colombia’s fintech wakes up to open banking
New alliance between Colombia Fintech and Open Vector is a start.
Scotiabank taps Mexican talent for fintech accelerator
Canadian bank teams with Monterrey university for Mexico City action.
Nets pushes into Poland with Przelewy24 and DotPay/eCard acquisition
Nordic firm has acquired 51% stake in the consolidated payments group.
Analysis: openfunds − raise the standard
It’s surprising how haphazardly much of the data in investment funds is distributed.
BB&T and SunTrust $66bn merger leads to mega tech revamp
New deal is designed to keep their banking competitive.
IBM invests $2bn in AI tech in New York
Including an AI hardware centre for research.
Deutsche Bank gets collateral tech from CloudMargin
“The first time a tier one bank will use a public cloud-based for collateral management.”
InterSystems and Global Accelerated Ventures call for fintech start-ups
Looking to advance innovation in finance.
Top fintech stories this week – 8 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Sberbank and 500 Startups IT Demo Day: blockchain cuts little ice in Moscow
They favour AI, ML and cybersecurity, which they believe hold greater appeal to investors.
Banco Best and Credit Suisse bring DLT to fund transactions
Putting the fun in FundsDLT.
Oney Bank is Well into Wirecard for biometric payments in Romania
Consumers will be able to pay with the app in over 30 stores.
SIA blockchain sureties a sure thing in south Italy
“The first blockchain project in Italy to manage sureties.”
CUBE wins MetLife Insurance regtech project
A small-sized pilot project that could lead to a major win.
