Video: fintech news weekly round-up – 29 July 2019
Some of this week’s news, in video format!
Digital
CFTC charges trader with spoofing in financial futures markets
The filing and settling charges are against the trader, Benjamin Cox.
Line, Next and Rakuten receive Taiwan online banking permits
The FSC does not plan on issuing more virtual bank permits.
JP Morgan and OnDeck part ways
While OnDeck pursues a banking charter.
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PayTech Awards 2019 in pictures
Celebrating excellence and innovation in the payments industry and people who make it happen!
Betterment faces regulatory scrutiny after new accounts launch
The savings account offers annual yields of 2.69%.
MeDirect chooses Crealogix for digital investment platform
The platform saw a successful launch in Belgium.
SME lender B-North welcomes funding
Manchester-based B-North has applied for a banking licence.
Helis Network closes $500k seed funding round
The firm aims to make decentralised finance accessible.
Visa invests in Southeast Asia’s payments platform Gojek
The two companies will also collaborate on cashless payments solutions.
Paysend raises £8.5m for global roll-out
The fintech also launched its own digital currency, Pays XDR.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
Digital US equities investment product launches in India
DriveWealth has partnered with Vested Finance.
Synechron launches new Libor impact analysis software
Its Accelerator uses data science to address the industry benchmarking challenge.
Moody’s acquires fintech RiskFirst
The acquisition will boost Moody’s Analytics’ offering.
Mbanq backs Arival Bank by acquiring shares
Arival also has its sights set on a Series A round of $10 million later this year
Banking Technology Awards 2019 are open for entries
The Early Bird 10% discount deadline is 31 July 219, the awards close for entries on 31 August 2019
AcadiaSoft announces technology partnership with CloudMargin
The firms collaborate to provide an industry solution for uncleared margin rules.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
Robinhood raises $323 million in Series E funding
The new round of funding values the company at $7.6 billion.
Let’s work together
Bank-fintech collaboration should take priority on this year’s Sibos agenda.
MoneyLion roars with $160m funding
The company will have raised over $200 million in equity financing.
Zeta eyes global expansion with Series C investment
The investment came from Sodexo at a valuation of $300 million.
Blockchain ID management firm Trusted Key bought by Workday
Trusted Key will bring its blockchain-based, digital identity management technology to Workday.
Ideanomics unveils plans for fintech village
It’ll be based in Connecticut with a focus on AI, robotics, finserv and more.
The Win 10 Rush: How financial institutions can beat the clock to upgrade their PCs
Kevin Flaherty, CEO at BLM Tech reveals the key to carrying off large-scale IT projects.
Focus on what’s important – and leave the rest to us
Smartstream’s platform takes the operational & regulatory responsibility of payments off your back.
Wiserfunding partners with European rating agency modefinance
To launch first credit rating service specific for SMEs.
Urban FT acquires CFC Technology Group
The pairing aims to tilt the playing field for community-based institutions.
Waddle and RBS pilot partnership
RBS is one of the first banks to offer an automated working capital solution to its customers.
Thomson Reuters acquires HighQ
It enhances their aim of providing more cloud-based software for legal professionals.
Uber-izing banks
The secret is not just about being frictionless and digital.
Temenos acquires AI firm Logical Glue
It claims to bring transparency and explainability of AI automated decisions to the banking industry.
Near raises $100m for new platform offering
The investment comes from PE firm, Greater Pacific Capital (GPC).
HPE Discover 2019: has the thought of branch transformation pushed you over the edge?
There is none more passionate than the HPE NonStop user community.
PayTech Awards 2019 winners announced!
Celebrating excellence and innovation in the payments industry and people who make it happen.
Flybits lands $35m in Series C round
Investors include Point72 Ventures and Mastercard.
Ask the expert: your questions on growing the business answered
What are the main reasons fintechs fail, and how can I avoid them?
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