Latvian entrepreneurs buy Colorado National Bank for $9m
Co-owners of payments firm to profit from a Chapter 11 bankruptcy.
News
Paytech Paidy sitting pretty with Visa investment
Japanese post-pay outfit goes public with Visa backing.
Financial planner CashCalc in a standalone pension place
New tool in preparation for FCA’s new guidance on pension transfers.
Regtech ComplySci on a high with Vista Equity investment
New York-based firm feeling funky via Vista’s Endeavor Fund.
Universal Protocol Alliance launches for digital asset unity
Blockchain firms include Uphold, Cred, Blockchain at Berkeley, and Brave.
Singapore Exchange and regulator seek cross-DLT settlement
Developing delivery versus payment (DvP) capabilities.
Thailand plans to peak with central bank digital currency
R3 and its DLT platform Corda on call for Project Inthanon.
Canadian Western Bank finds value in Validata DevOps
Firm selected due to its “proven Temenos integration capability”.
Indian start-up PaySpoon dishes up mobile credit
Lendtech and paytech firm wants to be a quick fix.
Deutsche Bank takes equity stake in Modo Payments
German bank plans to expand B2B and B2C payments.
PaySimple goes mad for email marketing
Unveils partnerships with MailChimp and Constant Contact.
Top fintech stories this week – 24 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Goldman Sachs’ lending platform Marcus coming to UK
Revealed in an internal memo… that is now everywhere.
TotallyMoney and Trussle team for digital mortgages
Credit and eligibility firm enjoys the Trussle shuffle.
Vestigo Ventures unveils vertigo-inducing $59m fund
Good news for US fintech companies.
UK government preps banking and fintech for no Brexit deal
Just in case things don’t go to plan after 29 March 2019.
World Economic Forum cyber centre powers up with partners
Sberbank is one of the founding partners.
Wrath and woe as Revolut unleashes AML crackdown
Challenger responds: “We’re really not sure what the story is here.”
US lender receives Series C $62m funding Upgrade
Financing led by CreditEase Fintech Investment Fund.
Indonesian lendtech KoinWorks collects $16.5m funding
Series A funding round led by Mandiri Capital.
Malaysian insurer TPM launches SmartPesa’s POS devices
Policy payments on the spot.
OCBC Bank unveils robo-investment service
Targeting “young and tech-savvy investors”.
West Bromwich Building Society in system selection mode
EXCLUSIVE. UK building society looking for new tech.
Shoeboxed acquired by Earth Class Mail
Receipt and business card digitisation firm unboxes some major news.
Sentifi savours success at Swisscom start-up challenge
Swiss firm bested more than 230 rivals to win the challenge.
Trading platform Infinox unveils free sentiment analysis tool
“Sentiment is more than just a mirror on the market.”
Finastra totally powers Unity Bank lending in US
Total Lending solution to be used for commercial and consumer ops.
ML instinct fuels Aberdeen Standard Investments’ new fund
It will use machine learning to identify sources of potential returns.
Kenya’s Equity Group turns Finserve subsidiary to fintech
Its MVNO is now an autonomous commercial enterprise.
German minister calls for independent EU Swift payments network
To bypass the US sanctions on business with Iran.
Flipkart vies for voice-powered shopping with Liv.ai acquisition
Indian e-commerce firm thinks voice will become a preferred interface.
UK banks urged to drop blame game in fraud claims
Financial Ombudsman Service wants banks to investigate cases more.
BearingPoint invests in Insignary to up security
Tech consultancy’s first investment in an Asian start-up.
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Barclays seeks to boost e-trading innovation
Newly-created role will also look at AI and ML for improvements.
Revolut goes hardcore with crypto cashback Metal card
To those about to withdraw we salute you.
First Data teams with Ellie Mae for lending payments
Customers can accept payment for costs related to loan origination and processing.
eToro adds IOTA cryptocurrency to platform
The currency shows promising use as an IoT platform.
Virtual Commodity Association becomes reality
US-based self-regulatory organisation fires up for better digital exchanges.
JP Morgan breaks broker hearts with free trading app
You Invest undercuts most digital trading competition.
