NYC fines Deutsche Bank $205m for FX up
New York State Department of Financial Services is FX-ed off.
Digital
SmartAsset scoops up $28m in new funding
Series C round takes company’s total equity capital to more than $51 million.
Billshark and Payrailz go bill busting
Billshark negotiates with service providers to find the best possible terms for monthly bills.
Hyperactive PayPal acquires Hyperwallet for $400m
Gives it more payment solutions to e-commerce platforms and marketplaces.
Webinar: kick-start your AI strategy
Do you know when an AI strategy is the right one?
Wealthtech robo-advisor SigFig raises $50m
Series E funding round led by growth equity firm General Atlantic.
NorthOne launches free invoice app
An app for small business owners, entrepreneurs and freelancers.
Brex unveils corporate card for start-ups
It also now has a total of $57 million in funding.
The Fintech Station has now arrived in Montreal
Finance Montreal’s new hub gets support from government of Quebec
VAKT on guard for commodities on blockchain
Partners with Deloitte and ThoughtWorks for post-trade processing.
Baker Hill brings cloud lending thrills to First Bank
North Carolina-based bank will use online loan application solution.
Finastra acquires banking app provider Malauzai
Deal strengthens its involvement in US retail and business banking sectors.
Fiserv on the money for Dollar’s retail and business banking
Architect to be used as single platform.
US insurer Lemonade takes wefox to court for IP infringement
Lemonade says German firm copied its presentation and business model.
How blockchain could change the global remittance industry
The scope of blockchain for remittance is increasing in emerging markets.
AlphaPoint raises $15m in Series A funding round
The Series A round was led by Galaxy Digital Ventures.
Visa Canada puts finishing touch on Finn AI’s chatbot banking
“Where is the closest ATM?” or “Please cancel my card”.
Ondot Sytems launches digital card services platform
Ready to be integrated into mobile apps.
Fintech funding round-up: 15 June 2018
USA! USA! Features Strangeworks, Eventador.io, SeriesX, Unchained Capital and ALTR.
Top fintech stories this week – 15 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Infographic: World Cup e-commerce – who will be victorious?
PPRO Group has created a handy (and footy) infographic.
First Data and Mastercard in digital disbursement duet
First Data’s disburse-to-debit solution will be available to Mastercard customers.
PayStand expands to Canada
Its digital platform will support domestic B2B commercial payments.
R3 hits back at financial woe story
Company calls them “malicious rumours”.
Apple restricts crypto mining on iOS
Cloud-based mining apps are, in theory, still allowed.
HSBC to invest $15-17bn in new tech
It wants to get back into growth mode.
Avoka on Springboard for deposit account opening
Offering FIs an off-the-shelf solution that integrates digital KYC, fraud and risk evaluation, and funding.
Are eIDAS certificates the answer to PSD2 open banking TPP verification?
All you need to know about eIDAS (and lots of other acronyms).
Luge Capital goes huge with $75m fintech funding
Canadian VC fund looking at fintech, financial services and AI.
InvestCloud acquires rplan for $20m in asset management advance
Deal extends its direct-to-consumer (D2C) offering for asset managers.
US Department of Homeland Security awards contract to iProov
iProov’s tech to support border security for the US Customs and Border Protection (CBP).
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.
Which industries are making millionaires in the 21st century?
The speed at which individuals in tech have hit huge figures is astounding.
Low-code development platform OutSystems reels in $360m funding
OutSystems’ valuation has now surpassed $1 billion.
Why blockchain could revolutionise trade finance documentation
Standards, regulation and a network all need to be fully achieved before widespread adoption.
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
Banking Technology Awards 2018 now open for entry!
Recognising excellence in the use of IT in financial services.
