Onfido helps customer onboarding for paytech Volopa
Will use Onfido’s machine learning-based tech for its multi-currency prepaid card business.
News
Halyk Bank Georgia in e-banking tech revamp with Asseco
Asseco Customer Banking Platform now live for retail clients of Halyk Bank Georgia.
Bank of Khyber in new core banking system search
BOK looks to replace the Bank Essentials core from Sidat Hyder.
New bank in Morocco opts for Path Solutions’ iMAL core banking system
Start-up Islamic bank Bank Al-Tamweel Wa Al-Inma (BTI Bank) implements new front-to-back office tech.
OBIE freshens up open banking standards
Version 3.0 covers all products with payment capabilities.
INTL FCStone acquires Swift Service Bureau from PayCommerce
“This acquisition increases our technological infrastructure.”
Wells Fargo wholesale banking unit probed for fraud
US Justice Department checking out bank employees and management pressure.
Valley National Bank goes digitally deep with SAP and Axxiome
Oklahoma-based bank just can’t say no to a major revamp.
Fiserv fires up new digital loan origination system
Maryland-based Hamilton Bank is first bank to beta test it.
UK banks battle to deal with British Airways data breach
Tweets and action fly in fallout from banking and payment data theft.
Payment Cloud Technologies and Tuxedo Money merge in €70m deal
New firm Omnio to offer cloud-based banking and payment services.
Australian challenger bank Judo selects Temenos T24 core system
Bank is looking for SME sector success.
Goldman Sachs hasn’t dropped crypto trading desk plans
Well… this story has been updated.
IdentityMind unveils regtech webstore
Will let companies integrate compliance and regulatory technologies into their solutions.
Top fintech stories this week – 7 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
ABN Amro and allies invest €14m in CrossLend
Digital lending platform also gets money from Earlybird and solarisBank.
Sberbank and 500 Startups unleash Russian fintech accelerator
Each start-up will receive seed investment of up to $145,000.
UK’s New Payment System Operator opens developer portal
PSPs and billers are cordially invited to develop “Request to Pay”.
Monzo to switch off debit card top-ups
UK challenger bank says end date is 2 October 2018.
South African paytech Yoco raises $16m funding
Round led by Partech with participation from Orange Digital Ventures.
Ebix acquires wealthtech Miles Software for $19m
Mumbai-based firm snapped up by e-commerce service provider.
UK lender Acorn OakNorth raises $100m in funding
Aiming to reach $5 billion on its lending platform.
UK challenger bank Monese eases into $60m funding
Pushing ahead with its mobile banking plans across Europe.
FIS sells Certegy cheque business
Certegy Check Services sold to Variant Equity Advisors.
SynapseFI raises $17m in new funding
It’s making public what insiders have known for months.
CAN Capital receives $287m financing facility
Money courtesy of alternative asset manager Varadero Capital.
Xero Learn sets stage for future number crunchers
Accountants of tomorrow have a new hero in Xero.
UK savings app Numeos gets FCA seal of approval
Start-up is now regulated by Financial Conduct Authority.
Visionet and SmartPesa unleash Mobey payment service in Indonesia
Solution is designed for financial institutions and merchants.
Philippine Veterans Bank picks Fiserv front office for digital revamp
The bank is a long-standing user of Finastra’s tech in the back office.
United Bank of Egypt completes Finastra core banking revamp
The selection for retail, corporate and treasury business was made in 2016.
Yandex unveils public cloud platform
Yandex.Cloud hovers into view over Russia.
Norway’s Kraft Bank craftily powers up
Sandnes-based bank plans to offer consumer loans and credit.
Elavon expanding merchant payment line with ETS acquisition
US Bank subsidiary buys Virginia-based Electronic Transaction Systems.
NAB adds another $50m to VC fintech fund
NAB Ventures up for more start-up adventures.
Greece’s first challenger Praxia picks Temenos T24 core banking system
As it recovers economically, SME lending can add a boost to the country.
ASX blockchain system go-live delayed
Australian Stock Exchange’s system was meant to go live at end of March 2018.
Munich Re acquires IoT player Relayr
Acquisition is via its subsidiary Hartford Steam Boiler.
Varo Money on course for first US bank licence
Start-up could be first fintech to receive bank charter from OCC.
MoneeMint to become Europe’s first ethical digital bank
Ummah Finance rebrands as MoneeMint to bring “fresh banking experience” to millennials.
