Line and Nomura launch online brokerage in Japan
Nomura’s CEO steps away from its “uncool” offering to attract a younger, digital-savvy clientele.
FinTech
Accenture acquires financial risk advisor Parker Fitzgerald
Accenture responds to the evolving risk landscape in financial services.
Banco Galicia chooses Strands for mobile banking
Strands technology will become “a tool for financial education”
Welsh Delio secures £3.3m equity round
Delio will expand into Asia, the Middle East and North America.
ICE’s Bakkt set to launch bitcoin futures contracts
Bakkt is “cleared to launch” its trading in bitcoin futures next month.
Data Action wins core solution deal with Greater Bank
Greater Bank hopes the new partnership will prepare it for the open banking era.
China’s Transsion and Wapi Capital start African fintech fund
Transsion will provide equity-based investments of up to $100,000.
How regulations are bringing banks and fintechs together
There are plenty of benefits for both.
Top fintech stories this week – 16 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Curve launches first crowdfunding campaign
Investment opportunities will start from £10.
US neobank Zenus gets licence
Zenus will allow anyone in the world to open an account.
Monzo offers new short-term loans
Loans will be loans between £200 and £15,000.
Secured cards: public relations ploy or financial health builder?
They can be a critical tool for financially vulnerable people.
N26 sets sights on future IPO
“Our goal is to do for finance what Spotify did for music.”
India takes over China for number of fintech deals in Q2
Fintech deals in China fell 81% in Q2.
Australia visits UK to talk future of fintech
Talks centered around the opportunities of open banking in Australia.
Calypso and 2021.AI team up to leverage AI in finance
The partnership will optimise Calypso’s back-office processes.
essDOCS enables first fully integrated paperless iron ore trade
The trade traveled from Australia to China on the Voltron blockchain.
HMRC cracks down on crypto investors
The tax authority has requested customer data from UK exchanges.
Declaring time of death and other ways of surviving doing business with big banks
Don’t be afraid to declare time of death when it is true: it is not an admission of defeat.
Atom Bank, iwoca, Modulr and Currencycloud get £10m BCR grant
Public commitments include new UK job.
Biz2Credit commits $10m to fintech training initiative
Biz2Credit will fund training of 100 of its employees.
Jack Henry core banking solution attracts 57 new users in 2019
A record year for the technology provider.
Blade raises $4.3m from Coinbase
The crypto derivatives exchange is launching in three weeks.
Indian start-up Scripbox acquires competitor Upwardly
The platforms chose collaboration over competition.
Market welcomes FCA’s plan to phase-in SCA
Industry officials see this as the regulator’s last warning.
Swedish fintech Northmill launches new saving service
Customers can lower their interest rates in a matter of minutes
CIBC chooses SEI wealth platform to drive growth
The technology provides an “enhanced, unified solution”.
SoftBank supports start-ups under the radar
The Japanese technology giant invested $5 billion into Latin American “unicorns”.
Plug and Play welcome Abu Dhabi Commercial Bank
ADCB stands at a market capitalisation of AED 58 billion.
B3 and Itiviti join forces for global connectivity
The stock exchange’s members can access the NYFIX portal.
Reshaping the banking experience
It’s time to stop looking at digital as the only key to client satisfaction.
Ask the expert: your questions on growing the business answered
When is the right time for a founder to take a step back from the business?
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
Female founders become Accenture Lab’s new focus
This year Accenture wants to narrow the gender gap in fintech
Enterprise Ireland invests €250k in CreditLogic
The firm uses AI and data analytics to speed up mortgage applications.
Scalable Capital attracts further €25m growth funding
Blackrock has increased its initial investment.
Female-led Handdii raises $1.5m led by Scale Investors
Scale Investors focuses on high growth women-led tech companies.
ASB invests in NZ blockchain start-up TradeWindow
It’s one of the first technology companies to receive direct funding from a NZ Bank.
Banking platform for freelancers Joust raises $2.6m
The neobank allows workers to get paid faster.
