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Starling Bank moves into merchant acquiring

By Starling

Starling Bank is to expand its payment services business and will become the first UK challenger bank to offer Merchant Acquiring services. (more…)

Banks, Global trends, Hotnews, Mobile-first banks

February 21, 2018

BBVA Switzerland implements DocuSign tech

DocuSign has today announced that BBVA Switzerland, the only bank in the BBVA Group devoted exclusively to Private Banking, has implemented DocuSign to improve the customer experience for thousands of high-net worth individuals across more than 15 countries. (more…)

Banks, Fintech news, Hotnews

February 21, 2018

Monzo opens API to spare change app Moneybox

Monzo has opened its API to Moneybox, enabling users to round up and invest the spare change from their everyday purchases. (more…)

Banks, Mobile-first banks

February 21, 2018

Tandem issues cash-back credit card as first product

Tandem, the Good Bank, has released a credit card that offers cashback and travel benefits for users. (more…)

Banks, Mobile-first banks

February 21, 2018

Digital Fintech Specialist Wirecard Expands Collaboration With ReiseBank

Wirecard, a Germany-based global provider of digital payments and commerce solutions, announced this week it has expanded its expanding its collaboration with German bank, ReiseBank. The duo recently rolled out the mobile banking app bankom. (more…)

Banks, Global trends, Mobile-first banks

February 19, 2018

188

Santander InnoVentures joins $25m Roostify funding round

San Francisco-based digital lending platform provider Roostify has closed a $25 million Series B financing round joined by Santander InnoVentures, Cota Capital and Point72 Ventures. (more…)

Banks, Fintech news, Global trends

February 16, 2018

228

BBVA-backed digital banking startup targets gig economy workers

Azlo, a BBVA-backed digital banking platform targeting the fast-growing army of freelancers and self-employed Americans who make up the gig economy, has opened its virtual doors. (more…)

Banks, Hotnews

February 16, 2018

242

Monzo given go-ahead to ‘passport’ banking licence to Republic of Ireland

By Steve O’Hear for TC

Monzo, one of a number of “challenger” banks in the U.K. aiming to re-invent the current account, has announced the first step in its plans for international expansion with news that is has regulatory approval to operate in the Republic of Ireland. (more…)

Banks, Fintech news, Global trends, Hotnews, Influences FinTech, Mobile-first banks

February 14, 2018

220

Revolut expands into Apac region

By GPS

Global Processing Services (GPS), part of Rt. Hon. Lord Mayor of the City of London’s UK Business delegation which are currently in Australia this week; announces today that it has been selected to be the payment issuer processor for multi-currency FX money app Revolut, for the future launch of their app in the APAC region starting with New Zealand, Singapore and Japan. (more…)

Banks, Fintech news, Global trends, Hotnews, InspirAsia

February 14, 2018

170

DBS, OCBC, UOB all post double-digit growth for Q4 FY17

ALL three of Singapore’s banks posted double-digit profit growth for the fourth quarter, with DBS Bank and OCBC Bank leading the way as their bottom lines rose 31 per cent each. (more…)

Banks, Global trends, Hotnews

February 14, 2018

276

Goldman Sachs Research Head Sees Crypto Crash With Few Currencies Left

Like companies caught up in the 1990s dot-com bubble, the head of Goldman Sachs’ Global Investment Research unit believes most cryptocurrencies will likely fail and end up having no value. In an note, Steve Strongin said that most of today’s cryptocurrencies are “unlikely” to make it over the long term, CNBC reported. (more…)

Banks, Cryptocurrencies, Hotnews

February 8, 2018

Nordea to use biometrics to protect customer data assets

Nordea is implementing biometric authentication from Veridium for employees handling confidential customer data. (more…)

Banks, Security

February 8, 2018

CurveGlobal secures £20 million from shareholding banks

CurveGlobal, the interest rate derivatives platform, announces that it has secured an additional £20 million in financing from existing bank shareholders, as well as Cboe and LSEG. (more…)

Banks, Deals

February 6, 2018

379

Tandem partners Personetics for ‘worry free banking’

By Tandem

Tandem, The Good Bank, is partnering with Personetics, the leading provider of Cognitive Banking applications, to harness the power of artificial intelligence for the benefit of their customers. (more…)

Banks, Fintech news, Hotnews, Mobile-first banks

February 5, 2018

314

FinTech Should Face Banking’s Regulations, According To Finance Chiefs

European financial leaders believe technology players like Facebook and Google are moving in on their turf, abetted by the fact that they don’t face the same regulatory limitations their counterparts in traditional banking do. (more…)

Banks, Global trends, Government activities, Hotnews

February 5, 2018

232

Berlin banking startup Penta secures €2.2 million seed round

Berlin based Penta, a challenger bank for startups and small businesses, has raised a €2.2 million seed round one month after launching in Germany. (more…)

Banks, Hotnews

February 5, 2018

Standard Chartered to implement Moneythor PFM platform

By Moneythor

Moneythor, the technology company providing financial institutions with a digital banking toolkit powered by artificial intelligence (AI), has been selected by Standard Chartered to further advance personalisation and engagement in its digital services. (more…)

Banks, PFM/PFP services

February 5, 2018

Unicredit launches iPhone-only buddybank

Italy’s Unicredit is trying to give banking’s staid image a makeover and make it “cool” through the launch of a mobile-only subsidiary called buddybank. (more…)

Banks, Fintech news, Global trends, Mobile-first banks, p2p-payments

February 2, 2018

477

Santander invests in Autofi

Santander’s fintech venture fund is to make an investment in Autofi, a US financial technology company that helps customers select and finance vehicles through their car dealers’ website and reduce the time it takes to complete the sale. (more…)

Banks, Global trends, Hotnews

February 2, 2018

British banks simplify SME account opening process

A group of British banks have come together to simplify the account opening process for small businesses, working with trade body UK Finance on a checklist of details and documents firms will need for their applications. (more…)

Banks, Fintech news, Global trends, Mobile-first banks

February 2, 2018

398

BPCE to deploy Meniga software

By Meniga

BPCE, the leading French banking group, today announced that it has signed a partnership agreement with Meniga, the global leader in digital banking solutions. The agreement will see BPCE deploy Meniga’s technology across BPCE’s Banques Populaires and Caisses d’Epargne in France. (more…)

Banks

January 31, 2018

ING introduces Receipts & Invoices app for SMEs

ING has built a ‘digital shoebox’ app that lets small business clients use their phone cameras to scan receipts and bills, then link them directly to transactions.

Currently available in the Netherlands, where it has already attracted over 42,000 users since launching in November, the Receipts & Invoices app promises to make paperwork simpler for small firms.

(more…)

Banks, SME

January 31, 2018

499

Moven signs MoU with Japan’s SBI Holdings

Japanese financial service giant SBI Holdings is to invest in PFM provider Moven and establish a joint venture to sell the company’s technology in Asia. (more…)

Banks, Global trends, Hotnews, Mobile-first banks

January 31, 2018

515

Santander InnoVentures, appoints Mario Aransay as partner

By Santander,

Santander InnoVentures today announces that Mario Aransay has been made partner of the $200M corporate venture fund of Santander Group, having spent a successful two years as head of Portfolio Partnerships. (more…)

Banks, Deals, Fintech news, Hotnews

January 30, 2018

146

ING acquires a majority stake in Payvision

ING has spent EUR270 million to acquire a 75% stake in international card acquirer and payments platform Payvision. (more…)

Banks, Payment processors/providers/gateways

January 30, 2018

540

Bank of England resolves tech glitch; Monzo shows JPMorgan how to handle outage news

The Bank of England says it has resolved an IT glitch which hit bank-to-bank transactions in the wholesale markets yesterday. (more…)

Banks, Hotnews

January 29, 2018

650

Bank-based blockchain projects are going to transform the financial services industry

By Hugh Harsono for Techcrunch

Cryptocurrencies are constantly evolving, with popular currencies such as Bitcoin and Ethereum maintaining their popularity despite recent market corrections. (more…)

Banks, Blockchain, Cryptocurrencies, Global trends, Hotnews

January 29, 2018

Danske Bank makes open banking push

Danske Bank is embracing the open banking era, revamping its mobile app to let Nordic customers view data from their accounts with other providers. (more…)

Banks

January 25, 2018

424

BofA Merrill opens API gateway

By BofA

Bank of America Merrill Lynch (BofA Merrill) today announced the launch of its application program interface (API) gateway. (more…)

Banks, Hotnews

January 25, 2018

472

DBS cuts transaction fee for SME payments as more SMEs go online

DBS said on Tuesday it has cut transaction costs for small and medium-sized enterprises (SMEs), as more of the SME transactions go online. (more…)

Banks, SME

January 23, 2018