South African Ethereum test proves efficiency of blockchain-based payments for banks
A blockchain-based payments system tested last week outdid traditional payment networks.
News
Alternative investor DarcMatter and crypto fund #Hashed team up
Alternative investment platform DarcMatter teams with South Korea’s crypto fund #Hashed.
iSignthis teams with paytech start-up Gobbill, unveils B2B transactional banking service
New service aimed at small to mid-scale CFD, FX, and gaming industries.
Goldman Sachs kicks off Immersive Lab’s cyber training programme
Immersive Labs aims to help companies train their staff in cyber skills.
SuperCharger’s latest programme raises $14.4m and inks 47 deals
SuperCharger accelerator results in 47 deals after 12 weeks, and a lot of funding.
Ant Financial lands $14bn investment for Alipay’s global march
Both domestic and international investors are participating in the investment round.
London stock market freezes for an hour due to technical issue
The issues were only temporary, but delayed trading for an hour.
Shieldpay powers UK’s first digital real estate transaction
A big real estate market to transform.
US Department of Homeland Security awards contract to iProov
iProov’s tech to support border security for the US Customs and Border Protection (CBP).
Debt restructuring company Lendstreet receives $7m funding
Lendstreet just closed a $7m investment round to fix Americans’ debt.
Xero launches Connected Accounting, partners with Citibank
Xero unveils the first wave of new features at Xerocon Atlanta.
Ignite Sales and FIS join forces on digital engagement
Ignite will make its customer engagement tech available to FIS community banking clients.
Envestnet | Yodlee’s AI FinCheck takes financial wellness to a new level
Data aggregation and analytics firm Envestnet | Yodlee bolstering PFM capabilities.
Blockbid teams turns to LexisNexis for AML compliance
Blockbid shoring up its AML safeguards by turning to LexisNexus Risk Solutions’ ThreatMetrix.
Top fintech stories this week – 8 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Isbank’s call centres to be powered by Clinc’s AI
US-based Clinc has also opens its first international office in London.
Mastercard tackles faster payments in the UK, smart watches and open banking
Mastercard reaches out to Starling Bank, NXP, and prepares for open banking.
Money20/20 Europe: how to build a company that behaves
How financial services can be reimagined by an understanding of human behaviour.
Italy’s banks set up their blockchain front line
With the support of R3, NTT and SIA, Italy has made the move onto blockchain.
Bahrain National Holding in insurtech revamp with TCS Bancs
New tech is part of BNH’s “ambitious transformation strategy”.
Virtual assistant Amelia to modernise customer service at BBVA
BBVA is using a virtual assistant for its customer service in Mexico.
Money20/20 Europe: key takeaways
The trends and key issues when the Money20/20 Europe circus rolled into Amsterdam this week.
Money20/20 Europe: GAFA and Grandhood day
Fraud fears, GAFA and other odds and ends from the Amsterdam event.
Alpha Fintech teams with Trustly for new payment options
Paytech firm Trustly celebrates its tenth birthday by partnering with Alpha Fintech.
Gift Card Impressions acquired by InComm
Prepaid products company InComm buys former competitor Gift Card Impressions (GCI).
Bank of the West signs for Pindrop’s voice authentication tech
Voice security and authentication specialist Pindrop to provide fraud detection solutions for Bank of the West.
Banco Brandesco first bank in Brazil to join Swift gpi
Banco Brandesco wants faster and more traceable payments with gpi.
Banco BNI Europa in lendtech project with Alterest
Streamlining investment analytics and risk management between the bank and its credit originating partners.
Coya to stir the insurance industry with new influx of cash
Berlin-based insurtech firm Coya gets influx of cash.
Westpac moves all core banking to cloud as it plans total transfer
Westpac has moved its core banking applications to the cloud, and will move the rest in the years to come.
Invesco takes over financial advisor platform Intelliflo
Invesco has acquired Intelliflo, a UK provider of advisor-focused digital solutions.
India and Singapore sign fintech MoU amidst ongoing joint projects
India and Singapore are making each other eyes when it comes to fintech partnerships.
Money20/20 Europe: stop the crypto tribalism
Welcome to polarised missives and glorified databases at the Amsterdam event.
Alternative lending firm BlueVine lands $60m equity funding
The Series E round brings BlueVine’s total financing to $578 million.
Low-code development platform OutSystems reels in $360m funding
OutSystems’ valuation has now surpassed $1 billion.
Signicat and Mitek join forces in digital onboarding drive
Signicat and Mitek team up to create a solution for Europe-based financial services providers.
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
Paytech firm Marqeta raises $45m from Iconiq Capital and Goldman Sachs
Bringing Marqeta’s total funding to $116 million.
Commerzbank’s new loan model adjusts repayment based on capital usage
Commerzbank’s new lendtech solution has “pay-per-use loan” model at its core.
IBM to revamp Avaloq’s IT model in cloud capabilities transformation
IBM and Avaloq tackle cloud infrastructure in the Swiss market.
