Anti-fraud platform SEON raises $94m Series B to fuel global expansion
The start-up will use the fresh capital to expand throughout North America, LatAm and APAC.
Hungary
Magyar Bankholding signs Thought Machine to launch new digital bank
Hungary’s second largest bank plans to launch a new retail digital bank.
Perfinal launches as new core banking vendor on the block in Europe
Hungary-based vendor promises to fully automate processes for clients.
ICYMI funding round: Fondeadora, SEON, Lendo, Nomanini & more
Plenty of funding rounds may have slipped you by this week.
Hungarian fintech PeasyPay continues hand and face payment roll out
In the UK, the start-up is working with taxi drivers in Glasgow.
Hungary’s central bank unveils first fintech report
The report recorded 110 domestic fintech companies as of 2018.
KBC spins out wealthtech business into new start-up ‘everyoneINVESTED’
The start-up will focus on B2B services to help firms attract younger investors.
Erste Bank Hungary integrates OneSpan into mobile banking
The bank hopes to keep transactions secure and comply with PSD2.
European Commission warns eight countries over late AML laws
Countries include Cyprus, the Netherlands, Portugal, and Spain.
Hungary’s central bank says major lenders could be “forced out” by fintechs
The bank mentions the pressures on revenues in a low yield environment.
Hungary’s National Bank fintech strategy combats digitisation lag
The national bank has drawn up its own fintech guidelines “to speed things up”.
How to thrive in an ever changing market, a conversation with the COO of Qualco
Spyros Retzekas, COO at Qualco says agility is the key.
OTP Bank welcomes “later-stage” start-ups to its partnership programme
Applications need to be made by 22 November 2019.
IM payments arrive in Eastern Europe for Viber customers
Romanian Libra Internet Bank is acting as local acquirer.
Oracle FSS gains two new core banking tech clients in Eastern Europe
New Flexcube takers are KDB Bank Europe in Hungary and Všeobecná úverová banka (VUB) in Slovakia.
Top fintech stories this week – 1 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
ACI Worldwide to power Hungarian real-time payments
For a total of 17 banks so far.
Fintech W.UP gets new president and investor
Former chief digital officer of Finastra will help “international banks get ahead of digital-native rivals”.
Hungary’s instant payments system to go live in 2019
GIRO and Nets say system will go live on 1 July 2019.
Hungary’s MKB bank takes digital leap with Oracle FSS’ Flexcube
Includes a full replacement of its core banking system.
Dorsum unveils new wealth management app with AI support
Gamification and education features help users learn about their investments.
MKB Bank migrates to Flexcube core banking system
MKB Bank in Hungary is migrating its core banking system to Oracle Flexcube deployed on Oracle Exadata Servers.
