Challenger banks in Canada: who’s who and what’s their tech
A comprehensive list of challenger banks and banking services in Canada and the tech they are using.
Banking
Bento unveils Venmo-style digital payment solution for SMEs
Bento Pay will only require the payee’s email address in order to send payments.
JP Morgan extends partnership with AccessFintech
This is the first custodian to collaborate with them on real-time transparency.
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
Brex raises $100m to reach $2.6bn valuation
In an extension to a Series C round launched in October.
Symphony goes global to the tune of $165m funding
Standard Chartered, MUFG and other existing investors participated in the round.
In defence of bankers
A new kind of banker is emerging. Less arrogant. Less entitled. More ethical and informed, tech savvy and less greedy.
The real-time data conundrum facing banks
Unlike digital natives, incumbent banks are stuck with legacy systems. But are these firms ready for change?
Commercial banks are joining the API revolution
Ultimately, the power of APIs is not in the technology but in the vision behind that technology.
Video: fintech news weekly round-up – 11 June 2019
This week, news about JP Morgan’s Chase, Visa, and more!
World Bank picks Murex for treasury
It is understood to be replacing Finastra’s treasury system.
HSBC seeks AI prowess with Element AI partnership
The bank is also looking out for more partnerships to push AI capabilities.
Synapse receives $33m for back-end fintech
The San Francisco-based start-up expects integrations with Visa and MasterCard.
Halo raises $12m to democratise structured notes investing
The platform aims to make investment available to everyone, not just high net-worth investors.
Core modernisation is essential for truly digital banking
Banks have only to look at how innovators have transformed retailing and music to recognise this truth.
Banking Technology June 2019 issue out now
Beyond human. Dreaming of a fintech tomorrow.
Step receives $22.5m Series A funding
Challenger for teens’ waiting list has surpassed half a million people.
JP Morgan folds smartphone bank account one year after launch
Finn accounts, aimed at millennials, will be moved to the Chase mobile app.
BanQu closes extension on $2.6m Series A
The amount of the extension remains undisclosed.
Visa forms strategic partnership with Western Union
The new collaboration will modernise global money movements for expedited cross-border money transfers.
Enterprise cloud platform Liveoak closes $8m Series A round
The investment will fund product development and global expansion.
Iccrea chooses Appian platform to serve 4.2m Italian customers
Appian will automate key processes for the 142-strong banking group.
ING joins project to create blockchain-based USC
The utility settlement coin will reduce exchange rate risks.
A banker goes a-banking, volume 3: the party was only just beginning
It’s a terrible thing to be put in a position where you cannot improve your own performance.
Video: fintech news weekly round-up – 5 June 2019
News on CIBC, NAB and Bank Leumi alliance, SoFi funding and more!
MSB chooses SunTec to deliver customer-centric services
Aims to elevate customer engagement and personalisation.
Tink secures strategic investment from PayPal
The investment from PayPal adds $11.2 million to Tink’s capital.
Mastercard unveils new Open Banking Solutions
Several partners in the UK and Poland intend to activate the suite.
BBVA selects NetApp as a strategic partner
BBVA will make NetApp a priority technological partner to become a more flexible and scalable digital bank.
Starling partners with paytechs Tribe and PelicanPay
Tribe launched at Money 20/20 Europe with UnionPay International deal.
Grasshopper Bank opens for business with digital focus
For its technology, the bank opted for Temenos’ T24 Transact core banking system.
Bank Leumi, CIBC and NAB launch online portal for fintechs
The platform provides a simple and easy process for fintechs to help connect them into the bank.
Mastercard announces next generation fintech accelerator
Accelerate 2.0 includes Global Reach service.
Strands strikes digital banking deal with Tech Mahindra
The IT services and consulting firm will leverage Strands' AI- and big data-powered tech.
BlueVoyant gets $82.5m funding for cybersecurity analytics
Bringing the total funding to $207.5m.
Top fintech stories this week – 31 May 2019
The first Amadeus event on payments, a new Indonesian payment standard, and more!
White paper: How to drive business impact with payments
Download this free white paper to learn about how payments can improve your business.
SoFi confirms $500m investment led by Qatar
SoFi’s total capital now stands at $2.3 billion.
Step and Kard target teen market for banking
Both banking apps have launched their waiting lists.
On becoming, and the burden of experience
Experience means you no longer have excuses for not doing the things you know need doing.
