Denmark’s central bank turns to SIA for new RTGS system
Later this year the country will be connected to Target2-Securities.
News
Insurtech Setoo set to woo with €8m funding
Main investor in Series A round is Kamet, AXA’s insurtech start-up studio.
France Swave-s hello at UK fintech jobs
Government-backed tech incubator Swave employs seduction techniques.
Stripe makes it Terminal for programmable POS
Stripe Terminal takes an online presence into the physical world.
Fintech tour Frankfurt: ready for a post-Brexit world?
TechQuartier represents the first effort to help fintechs settle in the city.
Goldman Sachs leads $52m funding round for JUMO
Goldman Sachs, Proparco and Finnfund come on board as JUMO’s new investors.
Singapore unveils world’s first unified payment QR code
SGQR will be adopted by 27 payment schemes.
Ithmaar Bank and Eazy Financial Services team for biometric payment network
Bahrain-based Ithmaar Bank and Eazy Financial Services to launch the region’s first biometric payment network.
UK banking tech firm Cennox gets £24m funding from RBS and NatWest
Surrey-headquartered firm plans more staff and acquisitions.
Al Salam Bank Bahrain revamps mobile banking with Clayfin
ASBB has launched a new mobile banking solution underpinned by Clayfin’s technology.
TransPecos Bank launches new digital brand, outsources tech to Nymbus
The operations of BankMD will be outsourced to Nymbus via its SmartLaunch platform.
ASEAN Financial Innovation Network launches API exchange
A consortium led by Virtusa will develop and operate it.
Santander to build £150m tech hub in UK
Prepare to get bowled over Milton Keynes!
Infosys to acquire Fluido for $76m
Tech firm to buy cloud advisory and consulting services company.
Fidelity CEO hints at blockchain and crypto products
CEO Abigail Johnson was speaking at a Boston fintech conference.
UK government and banks plan anti-fraud initiative
Partnership will see UK Finance and panel of experts tackle scams.
VPBank launches lively new digital bank Yolo
Vietnamese bank targets younger generation with “unlimited connectivity” to lifestyle service providers.
Cinnober to be taken over by Nasdaq for $190m
Nasdaq has made a $190 million all cash offer for Swedish trading tech firm Cinnober.
Church of England considers Wonga buyout
People who say they have morals could be coming to fintech.
New York sues US to halt fintech charters
Another regulator kicks up a fuss over national bank charters.
Amex to pilot Neener Analytics tech in Middle East
Amex’s Accelerate Middle East to pilot Neener Analytics’ social media analytics tools.
UK’s Nationwide targets £4.1bn tech investment
Adds another £1.3 billion to its five-year plan.
Ribbit Capital to raise $420m fintech fund
Prior investments include Coinbase, Nubank, Revolut and Robinhood.
Thinking Capital and National Bank to offer funding to Canada’s SMEs
Bank meets fintech. A love story for the 21st century.
KPMG takes stake in credit scorer AdviceRobo
KPMG says it will add AI-based predictive behavioural models to its services for lenders.
State supervisor keeps on fighting against US fintech charter
Conference of State Bank Supervisors will renew its litigation against OCC.
Refurbishment finance most popular use for bridging finance in Q2
Refurbishment finance reached a peak of 34% of all bridging loan activity in Q2.
Nordea takes open banking to Sweden
So I say thank you for the innovation, for giving it to me.
Yolt cosies up to Anorak’s life insurance advice
Anorak follows in the path of Runpath and Moneytis.
Global Digital Banking Conference – Europe 2018: cash is being murdered
The future of payments gets some attention at RFi Group’s London event.
Global Digital Banking Conference – Europe 2018: fintech ain’t that cool
RFi Group’s London event reckons the death of banks is overestimated.
Banco Sabadell and Mutua Madrileña support Spanish VC Antai
They participated in a $20m funding round.
Klarna settles into UK with CBRF purchase
Close Brothers Retail Finance comes with a loan book of £66m and 600 merchant clients.
Aviva turns digital insurance air Blue in Hong Kong
JV owned by Aviva, Hillhouse Capital, and Tencent.
Hydrogen and TD Bank in their element for DIY financial planning
Bank’s clients will have new tools to build their own financial plans and portfolios.
Top fintech stories this week – 14 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
SimpleFinance raises $15m supported by SBI Group
It’s SBI’s largest minority investment to date in a Russian company.
Dwolla shuts last branded product Transfer
Dwolla will now focus on its white-label business money transfer product.
PSECU live with new core banking system, Corelation’s Keystone
Symitar core banking system out, Corelation’s Keystone in, at Pennsylvania State Employees CU.
250 ATMs closed monthly in the UK
A report by Link reveals “alarming” closure numbers.
