New core banking software deals for Oracle FSS
The latest financial quarter brought licence deals worth $29 million.
Asia
Is your fintech brand an awkward teenager?
From unpredictable growth spurts and occasional breakouts, to sleeping in.
Wild West to crypto best: How compliance separates cowboys from champions
Major players will be forced into closer collaboration with regulators.
Tala raises $110m for expansion plans
PayPal Ventures also participated in the round.
WhatsApp talks to Indonesian fintechs for mobile payments launch
WhatsApp is waiting for regulatory approval in India for a similar service.
Fintech start-ups showcased at Y Combinator Demo Day
Concepts ranged from crypto fraud tracing to student finance.
Welsh Delio secures £3.3m equity round
Delio will expand into Asia, the Middle East and North America.
DSB reveals “significant appetite” for data quality and cybersecurity analysis
The DSB will create the new part-time role of Chief Information Security Officer.
US neobank Zenus gets licence
Zenus will allow anyone in the world to open an account.
Thomson Reuters launches global regtech competition
The contest seeks legal, tax and regulatory solutions.
India takes over China for number of fintech deals in Q2
Fintech deals in China fell 81% in Q2.
Indian start-up Scripbox acquires competitor Upwardly
The platforms chose collaboration over competition.
PayPal helps entrepreneurs with MetLife and Village Capital
The alliance will reach out to more than 100 fintech health entrepreneurs.
Federal Bank launches instant online demat account
It is the first bank in India to offer the service.
Big banks are driving fintech to the mainstream
And it’s happening faster than you think!
Aspire scores $32.5 million raise
The company graduated from Y Combinator Winter 2018 batch.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
WhatsApp Pay coming to India later this year
It will need to comply with all of the regulations ahead of its launch.
Digital US equities investment product launches in India
DriveWealth has partnered with Vested Finance.
Spotlight: the Russian e-commerce cross-border market
Finding a niche for a foreign merchant in Russia.
First JCB card issued in India with NPCI partnership
The new card is designed to serve outbound Indian travellers.
PayMate raises series D to accelerate growth
The Indian B2B paytech raises money for domestic and international growth.
Aditya Birla Group closes its banking business
The decision comes after only two years of its live operations.
RHB targets card fraud with automatically refreshed CVV codes
New codes are displayed on mini-screens on the back of the cards.
Floatbot creates chatbot for Andhra Bank
The start-up hopes to set an AI trend for Indian banks.
How banks can take a new look at SMEs
Brand new, designed from the ground up platforms will enable the creation of trust by unlocking the door to data.
RBI to build blockchain-based banking platform
The technology would be for banking officials’ use only.
ICICI and IndoStar partner to finance commercial vehicles
The arrangement will target underserved small and medium fleet owners.
AIFC and Fidor Solutions to boost fintechs in Kazakhstan
The MoU will also promote innovation in Central Asia.
Postman delivers $50m funding round
The funds will drive the API collaboration platform’s product development and customer support.
Bank of Mongolia picks Intellect’s Central Banking Solution
The central bank’s digital transformation is part of a national vision for the economy.
National Bank of Pakistan turns to Autosoft for Bahrain operation
Autobanker Premium, the latest version of the supplier’s core banking system, will be at the heart of the project.
PayU taps Turkey’s digital economy with Iyzico acquisition
The company also hopes to encourage cross-border trade with CEE countries and Africa.
New Indian challenger Payzello launches
The fintech doesn’t have a banking licence – yet.
Isbank partners Yandex.Checkout to support trade between Turkey and Russia
Turkish bank will reach more than 150 million extra clients.
Bank of Khyber picks Temenos for front-to-back office tech overhaul
National Data Consultants (NDC) was selected as the system integrator for the project.
Tokyo calls for foreign fintechs to enter accelerator programme
Start-ups will be mentored by leading Japanese financial organisations.
Amazon Pay launches Android P2P payments in India
Users can pay Amazon delivery associates from their bank accounts via UPI QR codes.
Kazakh Eurasian Bank upgrades cash tech with Fiserv
Access to cash is a key component in Kazakhstan.
Indian lendtech ZestMoney raises $20m
The firm is already looking to expand in Singapore.
