OCBC Bank turns tellers into digital ambassadors
Wants to upskill its workforce.
News
Snapchat’s payment service shutting as complications arise
The millennial app has derailed into an erotic picture sale app.
BNP Paribas launches UK fund for SME lending
The bank hasn’t unveiled the amount of money bound to the fund.
Gusto and Xero partner for payroll playtime
To enable Xero to provide full-service payroll in all 50 US states.
Socure unveils digital identity bot Aida
Named after the world’s first computer scientist, Ada Lovelace.
Flinks finds a fintech friend in ASAPP Online Solutions
Canadian start-ups team up for account and lending origination.
KeyCorp and Ingo Money push digital payments platform
Transforming paper cheques and deposits into digital funds.
US personal finance app Even gets $40m funding
Second round of financing led by Khosla Ventures.
State Street to buy Charles River Systems for $2.6bn
Will acquire US investment management front office solutions provider.
Banca IFIS launches digital insurance platform Rendimax
Focused on customer service, without any intermediaries.
Faster Payments issue affects UK banks
Problems for Halifax, Lloyds, Bank of Scotland and Monzo.
PIR Bank in Russia victim of domestic $1m hack
Hacker group MoneyTaker is up to no good, again.
Blockchain network Nervos nervelessly nets $28m funding
Backed by investors Polychain Capital and Sequoia China.
We’re looking for inspiring people in fintech!
Nominate outstanding individuals for a Banking Technology Award
Ingenico turns to MapR for payments data consolidation
Data analytics firm will help Ingenico deal with too much to deal with.
JLT buys saving and investment service Moola
UK-based JLT Employee Benefits looks to digital benefits.
CFPB launches fintech sandbox in US
Consumer Financial Protection Bureau wants to remove red tape.
The ID Co. unveils Open Banking API platform
New solution enables customers to use the firm’s DirectID user verification tech.
P2Binvestor allies with Amalgamated Bank for SME funding
New partnership. More deals. Bigger financing opportunities for small businesses.
Lendtech OnDeck scores $93m in two credit facilities
Asset-backed funds come from Credit Suisse and Crédit Agricole.
Top fintech stories this week – 20 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
EY buys into blockchain for an Elevated Consciousness
Buys US start-up’s crypto-asset accounting and tax functions.
Banco BNI Europa invests $30m in US consumer loans
Teams with Fintex and Upgrade for lending action.
Have a savings Blast with new gaming app
Another gaming company taking a piece of the fintech pie.
Banco Sabadell’s hub chasing innovation in Israel with €7.5m investment
InnoCells has invested in Cardumen Capital.
Starling marketplace grows with Growth Street addition
The first live use of SME finance provider’s third-party API.
Moneysupermarket takes JV route into fintech
Users can compare and apply for mortgages via HD Decisions partnership.
Italian robo-trading firm Fintech4i launches
4i – international, independent, institutional, investor-oriented.
TrueLayer receives $7.5m funding from Northzone
Aided by existing investors Anthemis and Connect Ventures.
Hong Kong hastens open banking ambitions
Hong Kong Monetary Authority publishes API framework.
BBVA latecomer to Apple Pay craze
Spanish bank is slow off the mark.
FundAmerica acquired by Prime Trust
Blockchain-driven trust firm buys crowdfunding regtech company.
Mastercard files patent for blockchain-based transactions
Looking at consumer protection, but its interest in patents is nothing new.
IBM adds strength to Stronghold’s crypto token launch
Stronghold calls it “first and only” venture-backed USD anchor on Stellar Network.
Allianz completes Ensure Insurance acquisition in Nigeria
All part of its plan for long-term growth in Africa.
Euroclear takes stake in fixed income tech provider Algomi
Algomi focuses on banks, institutional investors, inter-dealer brokers and exchanges.
Razer expands payments reach with Singapore move
Partners with United Overseas Bank to launch Razer Pay.
Stellar first DLT protocol to get Shari’ah compliance
Gets approval from Shariyah Review Bureau.
NatWest and Large Credit Union Coalition join R3’s blockchain club
UK bank and Canadian group provide double delight.
New Zealand Firefighters Credit Union moves to Oracle Flexcube
Flexcube fighting fit with another win in the country.
