Envestnet | Yodlee, Quovo and Morningstar unite on SODA framework
A joint initiative in the US to support secure, open data access for consumers.
North America
BBVA dream team unveils mobile banking platform in Mexico
Launch involved teams from Spain, US and Mexico.
Oracle buys US firm DataScience
Adds platform to its cloud for machine learning boost.
Lemonade seeks to sparkle with open source insurance policy
“Every act of creation is first an act of destruction” – Pablo Picasso.
Cardlytics inks paytech deal with JP Morgan Chase
Also announces strong Q1 financial results.
Centric Bank embarks on core banking tech project with Jack Henry
Moving from Jack Henry’s CIF 20/20 core banking system to Silverlake.
Circle raises $110m and creates dollar-pegged cryptocurrency coin
Each token backed by reserves of US dollars.
Coinbase unveils institutional grade solutions for cryptocurrency trading
In crypto, when the going gets good, the good go institutional.
Optimove acquires PowerInbox DynamicMail business
Optimove takes a step further in helping brands build an emotional relationship with their customers.
CardFlight and Paya team for EMV-ready mPOS solutions
Enabling Paya to offer CardFlight’s SwipeSimple payment acceptance solutions to its merchants.
Y2X wants to do Moore for blockchain investment
Plans to raise $200 million through global token offering.
Ex-JP Morgan duo launch blockchain start-up Clovyr
There’s no lack of Quorum with the new firm.
TD Bank turns to CGI for wealthtech revamp
Canadian bank to use Wealth360 Portfolio Management platform.
New York City to harvest blockchain innovation
City launching two new initiatives to support growing industry.
Mexican banks hit by cyberattacks
Between $15-20m taken from at least five Mexican financial groups.
Capital One buys digital identity start-up Confyrm
“Scrappy little start-up” has made a difference.
Canada’s equity settlement blockchain project reaches viability
Payments Canada, Bank of Canada, TMX Group, Accenture and R3 all involved.
FinovateSpring 2018: cybersecurity, branch banking, partnerships, financial wellness, and more
Headlining speakers discuss the hottest topics of FinovateSpring 2018.
Trading app Robinhood feeling merry with $363m funding
Series D round puts its valuation at $5.6 billion.
Apple and Goldman Sachs to unveil new credit card
Could be on its way in 2019.
FinovateSpring 2018 Best of Show winners announced
Congratulations to the five companies whose live demonstrations wowed the Finovate crowd!
RBS walloped with $4.9bn fine for lending legacy issues
US Department of Justice lays down the law.
Horicon Bank in digital tech revamp with Malauzai
Malauzai’s digital banking tech interfaced to Horicon Bank’s core banking system, Finastra’s Fusion Phoenix.
Insurtech Betterview feeling better with Nationwide investment
Nationwide in the US. Not the UK one.
Equifax offers more facts on massive data breach
Opens up to US Congress about 2017 cybersecurity incident.
Splitit expands payment options with debit card instalments
Splitit (formerly PayItSimple) has launched an instalment payment solution for debit cards.
Credit Karma teams with SpyCloud for dark web data monitoring
Credit Karma expands its identity theft monitoring offering to include data from the dark web.
WealthSpark replaces Personal Capital 401(k)
WealthSpark is a joint effort between Personal Capital and AllianceBernstein (AB).
BOK Financial turns to Roostify for mortgage lendtech revamp
Oklahoma-based BOK Financial joins forces with digital lending platform Roostify.
New holding company Syncapay looks for paytech acquisitions
Syncapay’s vision is to build a powerhouse portfolio of disruptor payment solutions.
JP Morgan Chase to patent blockchain-based interbank payments tech
Application filed with the US Patent and Trademark Office.
IBM acquires data tech firm Armanta
Armanta will be integrated into IBM’s Watson Financial Services portfolio.
Trusted Key raises $3m for passwordless authentication
Trusted Key’s total funding now stands at $4.1 million.
Student Loan Genius lands $4.7m new funding
11 investors participated in the funding round.
Quovo lands funding to expand to Canada
The new investment takes Quovo’s total funding to $20 million.
Credit Suisse provides $200m line of credit to BlueVine
Boosting BlueVine’s combined debt and equity funding to $518 million.
ATB Financial outsources bill paytech to Central 1
Central 1 Credit Union has signed ATB Financial for its Bill Payment Processing Services.
Quantopian partners with FactSet to launch Quantopian Enterprise
Algorithmic trading platform Quantopian is launching a new service, Quantopian Enterprise, together with FactSet.
Dosh raises $44m, PayPal among investors
PayPal headlines Dosh’s $44m payday for advertising-rebate business.
Nymbus promises bank digitisation in under 90 days with SmartLaunch
SmartLaunch allows banks to set up a turnkey digital banking solution in as few as 90 days.
