Meet Equifax’s data privacy partner since 2018
FinTech Futures speaks to Active Navigation’s chief revenue officer Dean Gonsowski.
North America
Visa partners with Clinc to offer clients conversational AI
The Michigan-based firm serves 35 million end users.
Fiserv acquires long-standing partner MerchantPro Express
The two firms have held a partnership since 2009.
ATB Financial’s digital bank Brightside launches in Canada
The neobank is focused on “making saving easy”.
First State Bank makes account processing switch with Fiserv
Illinois-based bank looks to improve efficiency following acquisitions.
How AWSM Bank plans to turn teenage financial literacy into a reality
The neobank is “very close” to its Q2 launch this year.
Jack Henry gets three-in-one deal for SilverLake with New Hampshire Mutual Bancorp
Three banks have migrated or will be migrating to cloud hosted SilverLake system.
Refinitiv buys US wealth management fintech Scivantage
The deal amount is yet to be disclosed.
Robinhood outage locks users out of recovering US market
Many users are now trying to seek class action against the app.
Public.com raises $15m with help of Will Smith and JJ Watt
The trading app is focused around making investing ‘social’.
Capital One announces US branch closures
37 branches are set to be shuttered by the company as customers go digital.
The allure of omnichannel: New functionality, seamless SMB journeys
With the right software in place, the ATM can play a new role.
JP Morgan hires Capital One’s Gill Haus to lead digital technology
Gill Haus starts this week as head of digital technology for the consumer bank.
Eileen Serra joins Capital One board of directors
She will stand for election by Capital One shareholders in April 2020.
Key Private Bank to run portfolio management on Charles River system
Bank says deal signals “significant opportunities.”
PayPal migrates “key” infrastructure to Google’s new Salt Lake City data centre
Google Cloud now has 22 data centers across the globe.
Canadian challenger Neo Financial plans 2020 launch
Neo plans a credit card and rewards-based savings.
Video: Top fintech stories this week – 28 February 2020
FinTech Futures’ weekly news round-up.
Air Academy Federal Credit Union selects Fiserv DNA
The credit union aims to support loan servicing with new system.
Mastercard announces Michael Miebach as incoming CEO
As well as former CEO Banga, chairman Richard Haythornthwaite set to step down.
Oracle hit by third claim it misled customers with “defect-ridden” cloud tech
Two previous tries have already been made to bring the complaints to court.
Canada’s RBC to create US digital bank for “super-affluent” consumers
It will arrive in the US later in 2020 or early next year.
TripActions lands $500m credit facility from SVB, Goldman and Comerica
TripActions Liquid will float an employees’ travel spend.
Wells Fargo agrees to pay $3bn fine for fraudulent account furore
US bank agrees to pay hefty settlement fine on ongoing probe.
Elavon sells Mexican operations to Santander
Payments firm set to focus on US, Canada, and Europe.
Goldman Sachs-backed salary lender Neyber in talks with administrators
Neyber secured £100 million from Goldman Sachs in 2017.
Data firm Akoya spun out as independent company by FMR
Akoya goes it alone after less than a year under FMR umbrella.
Intuit close to buying Credit Karma for $7bn
Last week saw a flurry of major fintech deals.
Credit card start-up Tribal Credit secures $5.5m in seed funding
New firm aims to help start-ups in emerging markets.
JP Morgan and Goldman Sachs back rival trading venue Members Exchange
MEMX is looking to rival the big three.
US gets new challenger Level Bank by Zero creators
CEO Bryce Galen says the new venture has “the highest APY-deposit account in the US”.
Google equips its cloud offering with two acquisitions
The Big Tech is gearing up to take on Amazon and Microsoft’s rival cloud products.
Video: Top fintech stories this week – 21 February 2020
FinTech Futures’ weekly news round-up.
Bremer Bank aims to revamp digital banking with Backbase
Minnesota bank looks to boost customer experience with Backbase tech.
EU report omits Big Tech GDPR decision, Google moves UK data to US
UK users’ data stored by Google is no longer under GDPR laws.
Priority One Credit Union kicks off conversion to Episys core system
Symitar system will save credit unions “several thousand” per year.
Morgan Stanley to buy E-Trade for $13bn in bid to tap online traders
The Wall Street investment bank is branching out from its wealthy client base.
Barclays spies on staff, CEO investigated for Epstein links
The technology tells staff to mute their phones and avoid breaks.
Ally Financial to buy CardWorks for $2.65bn, shares fall 10%
The deal grows Ally’s user base to 11 million across 50 US states.
LendingClub becomes first fintech to buy a US regulated bank
The fintech has acquired the $1.4 billion asset-holding Radius Bank for $185 million.
