Nordea acquires Gjensidige Bank in Norway for €578m
Gjensidige offers digital banking, mortgages, and unsecured loans.
News
Monzo faces challenging times with £33m losses
But user numbers did treble for UK mobile-only challenger.
Veridium’s $16.5m Series B funding led by Michael Spencer
Other contributors include Citrix Systems and investor Michael Powell.
Inspire FCU to deploy Nymbus core banking solutions
Nymbus will replace 15 technology vendors in the process.
Assembler Labs aims to get Detroit entrepreneurs out of their shells
Start-ups are not being formed in Detroit at the same rate as other US metropolitan areas.
New Android malware sneaks in “Despacito”
The malware infected phones through a ringtone app.
Russian social media site VK preps payments push
Part of a larger strategy to break into financial services.
JP Morgan Chase’s mobile app Finn goes nationwide
Finn by Chase is designed for millennials in the US.
Finserv not ready for blockchain yet, McKinsey says
The industry’s complexity makes it harder for blockchain to be implemented.
39 firms complete KYC trial on R3’s Corda blockchain
Four-day collaborative trial and 300 transactions.
Andreessen Horowitz unleashes $300m crypto venture fund
It’s called a16z crypto and seeks to tap into the latest craze.
Bento for Business raises $9m funding
The funding nearly doubles its total capital to $18.5 million.
Nok Nok. Who’s there? OneSpan
Security and esignature company teams with authentication firm.
Social savings firm InSpirAVE offers early access to platform
US firm unveils new look and multi-screen experience.
Trade.io launches crypto-to-crypto exchange
Lugano-based exchange backed by a $50 million liquidity pool.
Sensory’s biometric tech powers 24 banking apps
Banks iclude Alior, Axis, Banorte, ICICI, Maybank, Mizuho Bank, and Qatar Islamic Bank.
DefenseStorm goes down a cyber storm at NAFCU
US-based National Association of Federally-Insured Credit Unions makes its choice.
Top fintech stories this week – 29 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Axe Finance goes live with Skye and signs up BPI and Al Rahji
Good times for Axe Finance.
US mobile app Mezu fires up with privacy promise
Lets people give and get money without sharing personal information.
US mobile start-up AeroPay preps for lift off
Chicago fintech firm will launch beta version soon.
Bank of England warns of cybersecurity risks to UK stability
Domestics risks, other than Brexit, remain low.
SimCorp secures tech deal at Nordea Life & Pensions
Signs a five-year licence agreement.
Highland Europe looking up with new €463m funding
It brings the tech investor’s assets to over a billion.
Blockchain Summit 2018: the role of banks and how not to get lost in the hype
Banks seek to define their role amidst all the new kids on the block.
Infographic: financial services jobs in UK and Germany
Joblift has compared the UK’s financial sector job market with Germany.
Coventry Building Society selects Temenos for digital revamp
UK-based society opts for T24 core banking system.
solarisBank bridges the gap with Blockchain Factory
Wants to become a banking partner for cryptocurrency and blockchain industry.
Banking Technology Awards 2018: celebrating most innovative projects of the year!
Enter the awards by 31 August.
Report: State of digital sales in banking
The results are in! Read the third annual Digital Sales Report.
Open banking survey: how is the digital revolution really bedding in?
How is Open Banking really bedding in? What are the early lessons?
Georgia’s TBC Bank launches digital neobank Space
SaaS engine Mambu powers new autonomous business.
Dashlane removes pain of old and forgotten accounts
Password manager platform launches Inbox Security Scan.
BizEquity brings Valuation-as-a-Service to TD Bank
BizEquity just signed its first – really big – bank.
Largest start-up class yet enters UC Berkeley’s accelerator
More than 100 start-up teams begin the programme.
Trezeo seeks funding from the crowd at Seedrs
Business account provider targets 5m people in self-employed sector.
Patients are a virtue in pacey Prudential claims process
Paperless and chatbots are the cure in Hong Kong.
Latin lovers fonYou and Claro reveal AI-driven microfinance
Two telcos in lovely Latin American liaison.
FairFX shows SMEs a whole new world
An international business account for SMEs to go global.
UK’s cyber innovation centre opens
Comes with £14.5m investment.
