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InstaReM launches in the UK

By Instarem

InstaReM, Southeast Asia’s leading digital cross-border money transfer service provider, has now launched in Europe with its ‘front of house’ operations headquartered in London. (more…)

Fintech news, Global trends

June 19, 2018

Square gets New York BitLicense

Payments firm Square has secured a virtual currency license from the New York State Department of Financial Services (NYDFS). (more…)

Fintech news

June 19, 2018

Korean payments app Toss raises $40m

Viva Republica, Korea’s foremost fintech startup and maker of financial services app Toss, announced today that it has completed a $40 million round of funding from GIC and Sequoia China, bringing the company’s total amount of funding raised to $116 million. (more…)

Global trends, Government activities, Payment processors/providers/gateways

June 19, 2018

Crypto Fund AG Receives Swiss FINMA Approval

Crypto Finance has received regulatory approval from Swiss regulators. The Swiss Financial Market Supervisory Authority (FINMA) has reportedly given its seal of approval for the Crypto Fund AG – the first in Switzerland. (more…)

Banks, Cryptocurrencies

June 19, 2018

ING and AXA to build digital insurance platform

I"The initiative will also contribute to diversify our income"NG and AXA have unveiled an exclusive, long term, multi-country bancassurance partnership to provide insurance products and related services through a central digital insurance platform.

(more…)

Banks, Insurance

June 19, 2018

Brazil’s Nubank storms to 1.5m digital account openings

"We have hit a nerve"By Antony Peyton for BankingTech.com

Brazil-based challenger Nubank has got 1.5 million customers signed up for its digital savings account (“NuConta”) over the last six months.


Now the bank is making its product available for any Brazilian resident with a smartphone.
As reported in October, Nubank started to offer these accounts in addition to its credit card business. The move was designed to provide access to billpay, account-to-account transfers, and the ability to earn more in interest than is available with a regular savings account. (more…)

Deals, Global trends

June 19, 2018

UK start-up Yulife to bring life to insurtech

By Henry Villar for BankingTech.com

Yulife claims to be the first lifestyle insurance business in the world, and will launch later in the year offering life insurance plus wellbeing tools for businesses and individuals. (more…)

Fintech news

June 19, 2018

Finastra acquires banking app provider Malauzai

It just keeps getting biggerBy Antony Peyton for BankingTech.com

Finastra has acquired digital banking provider Malauzai to bolster its presence in the US retail and business banking sectors for credit unions and community banks. (more…)

Deals, Hotnews

June 19, 2018

209

Ant Financial lands $14bn investment for Alipay’s global march

Ant Financial has signed agreements with investors for its Series C equity financing totalling nearly $14 billion. (more…)

Payment processors/providers/gateways

June 12, 2018

211

Micro-lending case study: Mynt

FinTech Futures talks to Philippine fintech, Mynt, about the business case and technology behind its current micro-lending efforts and where it is planning to head with other financial services, leveraging the customers and data of its majority shareholder, the country’s largest telco. (more…)

Fintech news, Global trends, PFM/PFP services

June 12, 2018

218

HSBC to invest $15-17bn in new tech

By Antony Peyton for BankingTech

HSBC is looking for growth again as it plans to invest $15-17 billion in new technology. (more…)

Banks

June 12, 2018

UK challenger bank Project Imagine preps for launch

By Henry Villar for Banking Tech

A new London-based challenger bank is gearing up for launch in the UK, called Project Imagine. Self-defined as a “second generation digital bank”, it also aims to be a wealth management alternative from the get-go. (more…)

Fintech news, Global trends, Mobile-first banks

June 12, 2018

170

Bingo and Casino: Most Common Payment Methods

There are so many payment methods in use these days, with users gravitating to ones that offer additional security. Within the world of iGaming, there are some methods that are proving much more popular than others. (more…)

Global trends

June 12, 2018

Money20/20 Europe: key takeaways

Martin Whybrow sought out the trends and key issues when the Money20/20 Europe circus rolled into Amsterdam this week. (more…)

Government activities, Hotnews

June 9, 2018

215

Goldman Sachs rolls out cyber war games suite

Goldman Sachs is to provide its 8000+ developer community with a gamified cybersecurity training programme addressing attacker psychology, digital countermeasures and breach response. (more…)

Banks

June 9, 2018