Jeneration game for fintech with new $800m fund
All right, my loves? Bonus news from Hong Kong-based investor.
News
Barclays CEO fined to tune of £640,000 over whistleblower antics
Give us this day our Staley bread; and forgive him his trespasses.
Trading app Robinhood feeling merry with $363m funding
Series D round puts its valuation at $5.6 billion.
Banco del Pacifico live with new digital onboarding tech
Ecuador-based bank using Cyberbank Omnichannel from Technisys.
CBA charged the dead
Death is no excuse when it comes to banking fees.
Lloyd’s of London launches lab for insurtech innovation
Looking out for action in an “increasingly digital, data-driven world”.
Broadridge buys FundAssist for asset management lift
Broadridge also reveals new repo patent using blockchain.
Apple and Goldman Sachs to unveil new credit card
Could be on its way in 2019.
Top fintech stories this week – 11 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Blockchain Valley Ventures begins its adventures
Swiss accelerator launches offering advice and venture capital.
Mortgage maven Trussle gets Goldman Sachs backing
Goldman Sachs among investors and part of £13.6m Series B funding.
Garmin Pay just the ticker for Starling Bank
Watch out for this new contactless payment option.
New South Wales–India fintech exchange calls for start-ups
One-week business development programme up for grabs.
FinovateSpring 2018 Best of Show winners announced
Congratulations to the five companies whose live demonstrations wowed the Finovate crowd!
Blockchain firm Zonafide shuts down
“A major engagement we had expected was put on hold.”
RBS walloped with $4.9bn fine for lending legacy issues
US Department of Justice lays down the law.
TrueLayer API right fit for Anorak’s life insurance
“First” application of PSD2 into this market.
Australia pushes ahead with open banking reforms
It’s a “game-changer” for consumers and businesses.
Infographic: How to spot cryptocurrency scams
I pity the fool that doesn’t look at this anti-scam infographic.
Australian start-up Athena readies to launch lending wisdom
Ex-NAB bankers looking to nab lendtech market.
Walmart buys $16bn share in Flipkart
Becomes largest shareholder in Indian e-commerce marketplace.
HSBC unveils facial-recognition banking for corporate customers
“Speeds up log-in times to less than a second.”
Mortgages shine in Castlight Financial’s open banking pilot
First pilot goes live for Scottish firm’s “Affordability Passport”.
Volt Bank powers up Down Under
For its core banking tech, Volt Bank has opted for Temenos’ T24.
Horicon Bank in digital tech revamp with Malauzai
Malauzai’s digital banking tech interfaced to Horicon Bank’s core banking system, Finastra’s Fusion Phoenix.
TSYS teams with 118 118 Money for UK credit card programme
Paytech and lendtech firms sign long-term agreement.
Credit Kudos a bureau hero in open banking roll-out race
“First credit bureau to offer open banking services to lenders and individuals.”
Nordea plans payments perfection with Connect injection
For online buying for consumers and merchants.
HSBC UK’s latest app stands connected for one screen dream
Lets customers see accounts from different banks on one screen.
Infographic: Europe Day, payments and e-commerce
“Only 7% of EU businesses currently sell cross-border within the union.”
Insurtech Betterview feeling better with Nationwide investment
Nationwide in the US. Not the UK one.
Indian lending start-up Finwego preps for launch
Gains momentum with innovation challenge award success.
Australian budget brings fintech joy
Funding for AI, blockchain and more.
Swedish payments firm iZettle plans IPO
IPO expected to be completed this year.
PaymentComponents and Infosistema API framework bags Portugal win
Caixa de Crédito Agrícola Mútuo de Mafra chooses AplonAPI.
Six and the Citi unveil API partnerships in Hong Kong
Covering cards, customers, money movement, onboarding, and pay with points.
Equifax offers more facts on massive data breach
Opens up to US Congress about 2017 cybersecurity incident.
St Raphael’s Garda Credit Union extends Temenos contract
Deal includes digital channels platform, Temenos Connect, and T24 upgrade.
Virgin Money gets £1.6bn takeover offer from CYBG
Combined entity will have six million personal and business customers.
Deutsche Bank and major airlines in “game-changing” paytech pilot
Deutsche Bank to collect customer payments directly from consumer accounts under PSD2.
