Ignite Sales and FIS join forces on digital engagement
Ignite will make its customer engagement tech available to FIS community banking clients.
North America
Gift Card Impressions acquired by InComm
Prepaid products company InComm buys former competitor Gift Card Impressions (GCI).
Bank of the West signs for Pindrop’s voice authentication tech
Voice security and authentication specialist Pindrop to provide fraud detection solutions for Bank of the West.
Alternative lending firm BlueVine lands $60m equity funding
The Series E round brings BlueVine’s total financing to $578 million.
Low-code development platform OutSystems reels in $360m funding
OutSystems’ valuation has now surpassed $1 billion.
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
MassChallenge Fintech accelerator: start-ups wanted
Big corporations increasingly say they see start-ups as friends, not enemies.
Gusto unveils Partner Directory of accountants for SMEs
Gusto launches its own Yelp for accountants.
TD launches TD Ready Challenge to open industry to humanitarian initiatives
Canada’s TD bank opens its Ready Challenge to “world-changing” solutions.
Finovate in 2018: a search for fintech’s frontier
Where is the future of fintech?
Switch launches CardSavr API for virtual cards
Solution for those looking to make the leap from plastic to virtual cards.
Mobile banking case study: RBC – farewell friction
Royal Bank of Canada is moving with the times with a series of useful innovations and launches.
US mobile banking challenger Chime raises $70m
It also reached over one million bank accounts this month.
Finicity and Mortgage Cadence team for mortgage tech
Finicity’s Verification of Assets (VoA) solution integrated with Mortgage Cadence’s loan origination platform.
Dwolla launches pay-as-you-go payment offering, Start
Out-of-the box way for businesses to move money without a large time or money commitment.
Ex-Simple co-founder preps developer app for launch
Shamir Karkal wants to help developers get fintech apps to market.
Arxan brings app protection tech to Android
The first cybersecurity solution to leverage Google for Android-supported Kotlin to secure Android apps.
Fraudsters target BMO and CIBC’s Simplii Financial
Alleged to be in possession of customers’ personal and financial information.
RPA specialist WorkFusion raises more funding
WorkFusion’s aggregate funding now exceeds $120 million.
US banking app CapWay readies to launch
Targeting millennials who are either underbanked or uncertain.
nCino partners with Tech Qualled to help veterans get into fintech
nCino celebrated the Memorial Day in the US with a new partnership.
Temenos on M&A trail to grow US business
Anti-money laundering (AML), fraud and wealth management are the focus areas.
PayPal and Google Pay deepen payments relationship
More payment options across the Google ecosystem are on the way.
Fighting a (losing) battle against fraud
It appears financial institutions and businesses in the US are fighting a losing battle.
Mitek acquires AI firm A2iA for $49.7m
US-based digital identity verification company bolsters its capabilities.
ShopKeep launches on Android to broaden hardware options
POS-itive news from US point of sale technology provider.
Hometap raises $12m to buy a piece of your home
US firm invests in a person’s home with a minority stake to give them a cash infusion.
Personal Capital lands $15m credit extension
Gets money from Silicon Valley Bank.
Tango Card rewarded with $35m funding
Digital Rewards-as-a-Service platform does a merry dance.
CrowdFlower becomes Figure Eight for AI trait
US firm hunts out opportunities in artificial intelligence and machine learning.
Four Finastra’s a jolly good fintech fellow
And so say all of US. (Well, four firms do.)
Samsung opens AI centres in UK, Canada and Russia
To explore the potential of user-centric AI and IoT action.
Dead fintechs don’t wear Plaid
Shy US app provider expands to Canada.
Tradeshift Pay to take the pain from supply chain
Cloud platform will bring together supply chain finance and blockchain-based payments.
eToro in bullish mood with US cryptocurrency exchange launch
The firm will offer ten different cryptocurrencies.
US insurtech start-up Bestow raises $15m
Brings Dallas-based firm’s total financing to more than $18 million.
Microsoft acquires Semantic Machines for conversational AI starter
Ambitions to make chatbots sound more human and less like robots.
Tax compliance firm Avalara files for IPO
Tax compliance specialist Avalara has big plans.
POPin Video Banking and MEA in digital duet
Platform integrated into MEA’s Android and iOS apps.
Fintech funding round-up: 18 May 2018
Stars LendingPoint, Open and The Disruption House.
