Norwegian Finance targets European banking expansion
Acquires shares in Irish company Lilienthal Finance to make this happen.
Partnerships
Money Dashboard brings ML magic to GoCompare
Scottish firm clearly not riled by GoCompare’s awful adverts.
Top three action items for FIs from 2018
Condensing six fintech events down into a handful of concrete takeaways.
Sberbank in three-way repo deal on blockchain
Joined by National Settlement Depository and Brokerage Company Region.
Top fintech stories this week – 7 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
KKR leads $100m funding round in Cross River Bank
New Jersey-based bank plans expansion abroad.
Avaloq and Gazprombank go crypto for wealthtech
The bank will offer crypto-asset investments from mid-2019.
R3 and European banks complete euro commercial paper transaction
Second attempt with Commerzbank, ING, Natixis and Rabobank.
Raisin UK now offers account courtesy of Starling
UK challenger bank’s Banking-as-a-Service sees its results.
R3 and Ripple settle down for universal payments app
Famous duo ally as XRP is the first settlement mechanism.
Lastminute.com launches travel Visa card
Online travel agency teams with Wirecard for multi-currency offering.
Itaú, Wells Fargo and StanChart make $100m club loan on blockchain
Proof of concept used R3’s Corda Connect platform.
Ripple and friends form Blockchain for Europe alliance
To teach the power of blockchain across the continent.
US regulators rouse banks to AML innovation
Banks get love and tech support to strengthen the financial system.
ISO 20022 not snowed under by icy responses
Bank of England says responses to messaging standard were “largely supportive”.
Italian banks’ blockchain project picks up pace
More banks, more data and more news for Spunta Banca Project.
Mastercard and Microsoft in digital identity drive
They dream of a “universally-recognised” system.
French 14 find firm favour in R3 blockchain trial
Corporates complete regional CordaKYC trial with AFTE.
Yandex.Money moves mobile wallet forward with Moven
Will use Moven’s open APIs to embed new features and functionality into its mobile app.
ECB’s pan-European instant payments service goes live
Target instant payment settlement (TIPS) now operational.
Chetwood’s LiveLend takes groans out of loans
“World first loan” where the rate falls as borrowers improve their credit score.
UN’s fintech task force fired up for sustainable development
United Nations calls on banks and firms to get digital finance flows to SDGs.
BlackRock to acquire equity stake in Envestnet
BlackRock gets 4.9% equity stake in a stock transaction totaling $123 million.
Open Banking: how the rhetoric is becoming a reality
We need to change the first five pages of a Google search from cynicism and hyperbole to positive stories.
Bank-in-a-box launch is MuchBetter
UK paytech wants to be boxing clever.
Starling Bank eyes Euro accounts and more partnerships
UK challenger reveals its plans for next year.
The Heart beats faster in Poland with Mastercard investment
The loving duo unveils the Heart Ventures for start-up action.
WorldRemit and Brac on track for Bangladesh payments
New partnership allows bank and mobile money transfers to the country.
Line and Mizuho plan new mobile bank in Japan
Messaging app and bank to establish JV through their subsidiaries.
Natixis first French bank to connect to TIPS
FIS helps it join Target Instant Payment Settlement (TIPS) system.
Creating open banking to meet expectations
A change in culture and attitude should be part of a holistic strategy for open banking.
Russians get bond… on blockchain
Relax… Sberbank, NSD and MTS close deal on commercial bond.
South Africa’s FNB turns to township trade
First National Bank partners with Selpal for new customers.
MyBucks and Bibimoney are SIM-Skin kings of Africa
Joint venture aimed at continent’s microloan market.
Asseco SEE joins NISP to facilitate PSD2 projects
The NextGenPSD2 Implementation Support Programme (NISP) now has over 20 member organisations.
The PSD2 compliance clock is ticking, but help is at hand
For those banks struggling with the complexities of PSD2 help is at hand.
Case study: Citi – terms of endearment
A series of initiatives support Citi’s business clients in the quest to do business in real time.
Smart Pension solution Envizage-s financial well-being
UK-based fintech uses guidance engine for new product.
Orange and MTN launch African mobile money firm
Two telcos team for Mowali JV.
AIB opens up to APIs
Irish bank introduces AIB Developer Portal.
