CULedger teams up with IBM for blockchain network
A cooperative model designed for credit unions and SMEs.
North America
IPsoft’s 1Bank is one for conversational banking
New solution is powered by virtual agent Amelia.
Salt Edge teams up with UK-based PFM app Emma
Integration will enable Emma users to connect their accounts from banks throughout the UK.
US Senate attacks lax Equifax cybersecurity defences
Senate reveals investigation into 2017 data breach that affected 146 million US consumers.
First State Community Bank picks Jack Henry’s lending suite
New tech is provided by Jack Henry’s ProfitStars division.
“Hello USA!” eToro goes live in America
Its US launch will enable customers in 32 states to trade and invest in six cryptocurrencies.
GreenKey Technologies secures investment from IPC
IPC gets exclusive rights to GreenKey’s machine learning voice solutions.
Top fintech stories this week – 8 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Silicon Valley Bank welcomed in Canada
The bank has received a Canadian licence and opened an office in Toronto.
Wave acquires Canadian SME account provider Every
Software firm plans to integrate more financial products and services.
Mexico mulls mobile payments system with Amazon
Nation’s central bank in talks with tech titan.
Great member expectations for Fiserv’s double win
New US deals with HealthCare First Credit Union and Portland Local 8 Federal Credit Union.
Wealthtech Gluskin Sheff turns to Broadridge tech
New investment management tech will help manage portfolios and compliance.
Voleo and Nasdaq launch second student equity trading contest
Their plan to promote financial literacy and awareness among college-age students.
AI Foundry creates new mortgagetech solutions
Designed to speed up the pre-approval and underwriting approval process.
US mobile banking start-up Chime rings in $200m funding
The challenger is now valued at $1.5 billion.
Signifyd unveils chargeback solution for merchants
“Friendly fraud” meets a feisty foe.
Empty wallets turn up in QuadrigaCX crypto exchange case
The death of its CEO has left a lot of unanswered questions.
Bermuda allows local fintechs to play in US
Courtesy of US-based Signature Bank.
Wells Fargo makes record $240m settlement over fake bank accounts
Bank officials denied wrongdoing in agreeing to the settlement.
QuadrigaCX crypto exchange court case calls for $30m payout
Judge’s decision in Canada follows the firm’s collapse in January.
ID verification firm Socure so cool with $30m funding
The Series C round takes the company’s total funding to $57.5 million.
Cloud Elements on API high with $25m funding
Denver cloud boys – and girls – now have total capital of $46.2 million.
ACI to acquire Speedpay for $750m from Western Union
Deal will bring Speedpay and UP Bill Payment platforms together.
Go Figure! US lendtech gets $65m funding
Brings its total funding to $120 million for its second year of operations.
Silvergate Bank selects Finastra for payment processing
US bank wants to expand its infrastructure with an API-enabled platform.
Edison Partners lights up $62m funding for YieldStreet
US digital wealth management platform gets delicious dollars.
Microsoft’s M12 leads SpyCloud’s $21m funding round
Latest round takes Texan firm’s total capital to more than $28 million.
Citi and Kyriba go API for faster payments
SaaS platform brings bank connectivity for treasury ops.
Breathe Life gets $3.5m funding for insurance sparkle
Seed round led by Diagram Ventures with participation from Real Ventures.
Challenger bank N26 expands to Brazil
It’s also planning its delayed launch in the US this year.
New Valley Bank & Trust gears up for launch in Massachusetts, selects new lendtech
New Valley Bank & Trust has selected Baker Hill NextGen for its commercial and small business lending operations.
Zurich North America acquires Sea Pine for auto insurance action
Deal for dealers as insurance firm gets access to vehicle protection products.
Finn AI and IDaaS firm Auth0 offer novel conversational AI
Finn AI looking to help its clients modernise their authentication infrastructures.
HSBC mixes with NepFin for middle market move in US
American firms via NepFin can now tap into HSBC’s commercial banking services and its network.
Dwolla helps Status Money’s cash rewards for savings
Status Money will use its new relationship with Dwolla to access the ACH network.
AI Foundry and Ellie Mae use AI for speedy lending
Two firms will integrate their technologies for mortgage origination process.
A win-win despite the trade war: why small-time foreign investors and US markets need each other
While the trade war looks set to escalate, it seems there may be a silver lining for the US economy.
BlackBerry buys AI cybersecurity firm Cylance for $1.4bn
BlackBerry says it is “now a billion-dollar cybersecurity firm”.
ID.me brings identity proofing to Department of Veterans Affairs
“No identity is left behind.”
