Plaid buys fintech rival Quovo for $200m
Bank account connectivity firm finds something similar in the US.
North America
BBVA leads $12m funding in paytech Grabango
Busy bank shows more interest in invisible payments.
LendingFront moves forward with $4m funding
Series A round led by Information Venture Partners.
USAA customers to get $12m back for payment errors
Consumer Financial Protection Bureau also fines bank $3.5 million.
Capis acquires FinTech Securities
Texan firm also reveals new promotions and products.
SuperMoney and lendtech Best Egg nest together
Financial resource solution provider teams with consumer lending platform.
Hispanic Christians find payments faith in Vivipay
National Hispanic Christian Leadership Conference is mightily impressed.
Fiserv fuels Mi Bank’s de novo launch
Michigan’s first de novo bank in a decade.
Texas start-ups use AI to help customers find and pay workers
The American workforce has moved significantly beyond what Dolly Parton was familiar with.
Top ten digital bank initiatives in 2018
There have been a lot of digital bank projects in 2018. Here are our favourites.
Three Midwestern credit unions sign up for Fiserv’s DNA
The lucky three are Ideal Credit Union, TopLine Federal Credit Union and Dakota West Credit Union.
US Payments Forum pushing for contactless at ATMS
Offers a helping hand for paytech progress.
Digital Asset CEO Blythe Masters quits
Company’s CEO since 2015 steps down for personal reasons.
Citi feeds on Feedzai for risk management
Citi Treasury and Trade Solutions to integrate transaction monitoring technology.
Aiera bags $3.5m for AI-driven equity research
Welcome to the era of the artificially intelligent equity research analyst.
SoftBank pours $500m into Cambridge Mobile Telematics
SoftBank Vision Fund sees something in US-based insurtech.
CoinAlpha fined $500k for crypto law breach
Blockchain protocol also gets a cease and desist from the US regulator.
Expensify on a high in profitability place
Revenue rocking and cash flow positive.
Crypto data firm Nomics nabs $3m funding
Arthur Ventures leads the round with Coinbase participating.
Tradeshift buys Babelway for cloud integration lift
Babelway’s technology will now be offered as Tradeshift Link.
Robinhood steps back from checking and savings launch
Firm says there was “confusion” and now offers cash management instead.
FI.SPAN raises $4m for UK and Australia expansion
Financial services management platform has some extra holiday spending cash.
AriseBank execs fined $2.5m over ICO scam
US Securities and Exchange Commission lays down the law yet again.
Robinhood tucks into Galileo for US checking and savings launch
Payments processor powers trading app’s banking move.
Real-time payments: the next big thing in US banking
RTP promises to be the biggest change in US payments since the 1970s.
Lower’s a goer with AI-powered lending launch
Firm plans to sock it to ’em for mortgage decisions.
YayPay celebrates $8.4m funding for data science drive
Start-up seeks growth in cash-flow and receivables markets.
Accenture acquires select assets of financial software firm Zafin
Firm looking for more action in legacy IT world.
ShopKeep closes $65m for small business financing leap
Brings US firm’s total funding to just over $72 million.
Mitek stock price rises after ASG beefs up acquisition offer
It took issue with “opportunistic” nature of a proposal last month.
Camden National Bank outsources SilverLake core with Jack Henry
Stepping it up in Maine, US.
Equiniti Riskfactor soars with Eagle Business Credit win
Will provide its risk management software to US firm.
Morgan Stanley says yes to Yext for finance advice
Bank has digital brain wave for its financial advisors.
US challenger bank Envel emerges for auto-pilot action
Start-up goes ethical and offers “banking on autopilot”.
Plaid’s glad all over with $250m funding
US app provider now valued at a juicy $2.65 billion.
Data privacy provider Privitar picks up investment from Citi
UK firm plans to expand its US teams on the East Coast.
BioCatch brings behavioural biometrics to ACI Worldwide
Paytech ACI plans to stop fraud for banking customers.
Next Caller has Interactions for phone-based threat assessment
Intelligent virtual assistance firm Interactions seeks better fraud protection.
Migrants bank Rebtel targets US launch
Swedish bank is for an “overlooked and undervalued customer in mind – migrants”.
NCB Employees Co-operative Credit Union in tech revamp with Smart Solution
Jamaica-based NCBECCU will replace its legacy tech with Smart Solution’s Universa core banking system.
