Finastra acquires banking app provider Malauzai
Deal strengthens its involvement in US retail and business banking sectors.
Retail Banking
Fiserv on the money for Dollar’s retail and business banking
Architect to be used as single platform.
CYBG confirms £1.7bn Virgin Money takeover
There could also be around 1,500 job losses.
Monzo brings unconditional love to conditional actions
The new Applets automate actions based on users’ own pre-set conditions.
Brazil’s Nubank storms to 1.5m digital account openings
Reaches milestone in six months.
Jyske Bank live account aggregation purrs with Spiir
Built on top of technology provided by Danish fintech firm Spiir.
Visa Canada puts finishing touch on Finn AI’s chatbot banking
“Where is the closest ATM?” or “Please cancel my card”.
Top fintech stories this week – 15 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Alior Bank, solarisBank, Raisin and Mastercard to unveil European digital bank
Fab four focus on Q4 2018 launch.
London is the fintech crown jewel, says Wells Fargo
London is where it’s at, according to Bipin Sahni, head of innovation.
Halifax unveils mega branch in London
New leviathan is in central London and spread over three floors.
NatWest trials cardless payments for swift shopping
No need to use debit or credit cards.
Avoka on Springboard for deposit account opening
Offering FIs an off-the-shelf solution that integrates digital KYC, fraud and risk evaluation, and funding.
UK challenger bank Project Imagine preps for launch
A new digital contender with its eyes set on wealth management.
Standard Chartered Hong Kong to apply for virtual banking licence
To grab a share of the digital and financial inclusion markets.
Virtual assistant Amelia to modernise customer service at BBVA
BBVA is using a virtual assistant for its customer service in Mexico.
OCBC Bank in Singapore’s first instant account opening
You can now open an account with OCBC in Singapore in less than five minutes online.
Banking Technology Awards 2018 now open for entry!
Recognising excellence in the use of IT in financial services.
Lunar Way picks Humio for data visualisation
Humio will provide log management for fintech Lunar Way.
ING pushes for open banking with SME financing platform and Yolt expansion
ING is leveraging open banking and making their SME and retail offer more attractive than ever across Europe
CBA customers caught in email address confusion
Australian bank says no customer data was compromised.
US mobile banking challenger Chime raises $70m
It also reached over one million bank accounts this month.
UK challenger bank Starling seeks £80m funding
Also ends its partnership with TransferWise.
Fraudsters target BMO and CIBC’s Simplii Financial
Alleged to be in possession of customers’ personal and financial information.
UK Unite trade union fights RBS branch closures
It’s all kicked off.
US banking app CapWay readies to launch
Targeting millennials who are either underbanked or uncertain.
ABN Amro hit by DDoS attack
Dutch bank’s services either not available or very slow.
Clever UK mobile banking app Bofin preps for launch
A chartered engineer unleashes his new fintech creation.
OCBC goes all Touché feely for biometric-based payments
All at the touch of two fingers.
Maybank makes a Grab for cashless payments in Malaysia
Bank and ride-hailing service team up.
Image is everything with ABN Amro’s new webcam advisory service
Dutch bank unveils Beeldbankieren.
POPin Video Banking and MEA in digital duet
Platform integrated into MEA’s Android and iOS apps.
UK personal finance app Elifinty preps for launch
For people who see no way out.
BBVA dream team unveils mobile banking platform in Mexico
Launch involved teams from Spain, US and Mexico.
Equifax powers HSBC UK’s first live credit application solution
Via open banking it’s using Equifax’s InterConnect platform.
HSBC UK kisses Consents Online’s AISP for banking data
Account information service provider profits from open banking.
DBS jumps on Carousell for mobile payments ride
Invests in classifieds marketplace’s latest fund raising round.
ABN Amro profits from digital revamp
Dutch bank gets net profit of €595 million for Q1 2018.
Danske Bank Spiir-ed into first fintech investment
Hot for Spiir’s budget app.
KFH Bahrain launches digital platform Jazeel
“Great” news from Manama.
