GFIN selects eight firms for cross-border testing pilot
Next step is to develop suitable testing plans.
Regulation
Open banking: why the revolution is behind schedule
The transformation is underway – it’s just slower and less extensive than many envisaged.
DIT pilots to support UK fintech international expansion
Two bridge pilot programmes with Australia and Hong Kong.
Sberbank Croatia turns to Token for open banking move
Token is seeing an increased interest for PSD2 solutions in the region.
Webinar: Customer consent in an open banking world
Learn how educate and empower your customers and gain their informed consent.
Avant settles FTC unfair loan servicing charges for $3.85m
The online lender faced multiple charges of “deceptive” practices.
Challenger bank Masthaven receives £60m investment
Masthaven aims to significantly increase lending to SMEs and consumers.
Judo becomes Australia’s first SME-focused challenger bank
APRA has granted a full banking licence.
Stripe acquires Touchtech Payments for SCA compliance
The Irish firm specialises in security for online payments.
Chainalysis targets APAC expansion with $36m Series B funding
Strategic investment from MUFG and Sozo Ventures.
CHL Mortgages picks Jaywing for IFRS 9 monitoring
The provider began work on the project by providing independent model validation to CHL.
Video: fintech news weekly round-up – 15 April 2019
This week, news about challenger banks!
Vision Blue acquires Cardiff-based SamePage
Both firms are happy about how the GDFC deal went.
N26 under German regulator’s microscope
The BaFin has highlighted issues with staffing and communications.
Australian challenger 86 400 partners with Vow Financial for home loans
As it seeks the regulator’s licence to deliver its own home loans.
Top fintech stories this week – 12 March 2019
Teradata’s event coverage, Sopra Steria acquired SAB, and other news.
Swift takes step towards ESMIG Network Service Provider status
Swift seeks to be selected as a provider for the Eurosystem Single Market Infrastructure Gateway (ESMIG).
A five-year crypto plan: here’s what we can expect
Fintechs must stop squabbling with the regulators for real progress to be made.
Nasdaq announces purchase of shares in Oslo Stock Exchange
Board unanimously recommended Nasdaq’s offer
Standard Chartered fined $1.1bn for bad AML and sanctions breach
Both US and UK regulators have imposed large penalties.
New petition calls out big banks for stifling competition
The petition was started by the director of data analytics firm LendingMetrics.
PayTech Awards 2019: meet the judges!
Deadline to enter the Awards is Friday, 12 April!
PFS bags Irish licence for Brexit contingency plan
This follows the acquisition of Barclays’ prepaid business.
Emma integrates Chip savings in money management app
Emma just wants to chip in.
Video: fintech news weekly round-up – 8 April 2019
Africa Fintech association, City watchdog’s orders, and a new blockchain alliance!
Euronext ahead in bid race for Oslo Bors with regulator’s recommendation
The Norwegian Financial Supervisory Authority is vouching for Euronext.
Top fintech stories this week – 5 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Crown Agents Bank bags Segovia’s payment gateway business
The bank provides payment services in frontier markets.
PayTech Awards entry deadline extended!
Enter the PayTech Awards by Friday, 12 April.
OpenGamma raises $10m for data analytics boost
It will increase presence in London, New York and Singapore.
CMA clamps down on open banking implementation
Five of the nine banks are delaying implementing mobile functionalities.
Ampega Asset Management amps it up with Murex
The wealthtech will implement MX.3 for fixed income, equity, funds, FX.
Trade finance standardisation project backed by 14 giants
The project seeks technology use and standardisation for the wider distribution of trade finance assets.
Video: fintech news weekly round-up – 1 April 2019
Apple’s new credit card, New York goes fintech, and more!
Goldman Sachs fined £34.3m for misreporting transactions
FCA found the firm made 220.2m errors.
Top fintech stories this week – 29 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
PayTech Awards: honouring organisations for their social impact
Enter the PayTech for Good Award by 5 April!
Everest to supply KYC platform in Samoa for cross-border transactions
EXCLUSIVE. Everest has landed a major contract with Asian Development Bank (ADB).
ZhongAn licensed to launch virtual bank in Hong Kong
Products will be developed with community input.
UK’s Payments System Regulator presents 2019/20 annual plan
The UK regulator smoothens out open banking and fraud.
