Banking-as-a-Service: why IBAN is key
The IBAN capability BaaS platforms will become the key driver of flexibility and growth.
Payments
Boku takes on mobile with $112m Danal acquisition
Will take on all its pure mobile security solutions.
Banco Sabadell’s InnoCells moves on Mexico with UnDosTres investment
The bank’s corporate venture arm picks a paytech.
Feedzai fighting financial crime with Risk Ledger
“Our goal has always been to make it harder and harder for fraudsters to hide.”
What steps are in place to protect my money online?
The “invisible” nature of online transactions give pause for thought.
KKR leads $100m funding round in Cross River Bank
New Jersey-based bank plans expansion abroad.
Swift adds information check pilot for gpi payments
The pilot for global payments innovation starts with 14 banks.
R3 and Ripple settle down for universal payments app
Famous duo ally as XRP is the first settlement mechanism.
It’s on for paytech Switch’s $2m funding
Gets its largest round of funding to-date.
Mastercard and Microsoft in digital identity drive
They dream of a “universally-recognised” system.
Banks sucked into Marriott’s massive data breach
Data from up to 500 million guests could be affected.
I’m a celebrity… get my ICO out of here!
US Securities and Exchange Commission makes two people in/famous.
UN’s fintech task force fired up for sustainable development
United Nations calls on banks and firms to get digital finance flows to SDGs.
Goldman Sachs and Morgan Stanley go live with CLSNet
Automated FX services on the blockchain.
Lawsuit and customer accusations plague fintech firm WB21
Lawsuit and customer accusations plague fintech firm WB21
Paytech Modo in good mood with $13m investment
Deutsche Bank-backed firm powers on with its interoperability intentions.
Hell week sees Bitcoin price fall below $4,000
Drops to lowest this year, but some voices call for calm.
Infographic: WhatsApp messaging in the financial sector – tips to using it and staying compliant
Telemessage has some helpful messages on messaging and compliance.
Tradeshift makes bid to buy Basware
California-based company reportedly in talks to purchase Finnish software maker.
BBVA picks penguin-powered AI advisor with $9m funding
Bank’s Propel Venture Partners leads Series A in Charlie chatbot.
Case study: Citi – terms of endearment
A series of initiatives support Citi’s business clients in the quest to do business in real time.
Swift Institute calls for gender diversity in fintech
Issues call for proposals and offers €15,000 grant to deal with issue.
Bitcoin SV fights back hard in hash war
Calls out “contrived spikes and trash talk”. LOL.
Capital One makes smart purchase with Wikibuy
US firm acquires again and gets a comparison engine for online shoppers.
Technology for the new world
Business as usual is no longer an option. You can bank on that.
Paytm Canada extending payment app services with Paysafe
Now users can pay for goods and services, as well as bills.
Plastiq gets $27m funding to its credit
US firm offers way to pay bills and business expenses by credit card.
US Faster Payments Council alive and kicking
FPC plans pacey paytech for all.
MaxMyInterest brings clever cash management to Radius Bank
Bank to offer a new account, Radius Max Savings.
Bitcoin Cash hard fork creates civil war
Bitcoin Cash (BCH) network splits in two – and views are not so civil.
Top fintech stories this week – 16 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Revolut to get $500m boost from Softbank
To enable US expansion.
Mastercard leads $16.5m funding round in Mobeewave
Series B round also includes support from NewAlpha and Forestay Capital.
Paytech Poynt scores NAB points with $100m funding
Series C raise includes Elavon and National Australia Bank.
Finablr takes majority stake in digital gifting firm Swych
Payments and foreign exchange solution platform boosts its stake in the firm.
Simple appoints former Amazon exec as CEO
David Hijirida is replacing Dickson Chu who was temporarily working as the interim CEO.
Five considerations for a successful rebrand
Rebranding is a self-discovery and reflection process, and as much about the journey as the destination.
Build-a-card workshop with Gemalto’s Mini Kiosk
On-the-spot card issuance.
NY subway to accept contactless cards in 2019
US plays catch up in retail payments.
CardFlight partners with Payscape for merchant base race
Payscape will offer CardFlight’s SwipeSimple tools.
