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119

N26 introduces metal card for ‘global generation’

By N26

The world is now closer and more connected than ever. Yet we still have a desire for the physical—items that you can hold and call your own. (more…)

Fintech news, Global trends, Mobile-first banks

December 6, 2017

100

Intuit’s ‘rise of the rest’ M&A strategy means large paydays outside the Valley

By Danny Crichton for Techcrunch

This morning, Frederic reported that Intuit has acquired TSheets, a time-tracking service, for $340 million. That’s one of the highest prices that Intuit has ever paid for an acquisition, roughly equal to the cost of the company’s acquisition of Mint Bills / Check in 2014, and slightly smaller than the acquisition of Demandforce in 2012 for $423 million (which Intuit has since divested in). (more…)

Deals, Global trends, Hotnews

December 6, 2017

Raisin grows banking panel to 40 as customer numbers rise to 100,000

Shortly before the end of the year, Raisin has reached two further important milestones: The total number of customers has grown to 100,000 and, in addition, Raisin has integrated more than 40 partner banks from 18 European countries. (more…)

Global trends, Hotnews

December 6, 2017

Orange Bank deploys Moneythor PFM app

By Moneythor

Moneythor, the financial technology company providing banks and fintech firms with a digital banking toolkit and data-driven personalisation engine, has been deployed by Orange Bank in its new all-in-one mobile banking service. (more…)

Banks

December 6, 2017

108

Hope grows that a larger SEC crackdown on ICOs is coming — and soon

By Connie Loizos for techcrunch

More than $3 billion has been raised through so-called initial coin offerings so far in 2017. Yet while numerous of these have already proven to be good old-fashioned scams, regulators in Washington have remained relatively quiet aside from warning issuers that at least some coins sold in ICOs could be considered securities; publishing a statement saying celebrity endorsements of ICOs may be unlawful without appropriate disclosures around compensation; and bringing two cases against fraudulent coin offerings. (more…)

Blockchain, Cryptocurrencies, Fintech news, Hotnews

December 6, 2017

112

Jeff Bezos, Eric Schmidt, and others give $150 million to Steve Case’s Middle America startup fund

By Anna Hensel for VentureBeat

Steve Case — cofounder of AOL and creator of the Rise of the Rest tours, which highlight startup activity in places outside of Silicon Valley — has secured $150 million for a new venture capital fund. He has procured backing from some big names in the Valley for the fund, which is also called Rise of the Rest and which will invest in startups in traditionally overlooked markets in the U.S. (more…)

Fintech news

December 5, 2017

Open Banking – Consumer Impact

By Kunal Patel

I have read quite a lot on Open Banking over the last couple of years, what it means to the industry, the players and more importantly the consumer. The revised Payment Services Directive (PSD2) is required to be implemented in the UK by 13 January 2018. (more…)

Banks, Global trends, Open Source/ API

December 5, 2017

Payza lets users buy altcoins

By Payza

Payza, an award-winning payment processor, today announces the launch of its latest cryptocurrency service: Buy Altcoins. (more…)

Fintech news

December 5, 2017

Moscow to pilot blockchain platform for e-voting

By Moscow Government

Today Moscow authorities have announced a pilot project to implement blockchain in its e-voting system Active Citizen. (more…)

Fintech news

December 5, 2017

Target launches mobile wallet

Following in the footsteps of Walmart and CVS, Target has become the latest American retail giant to launch its own mobile payments service. (more…)

eWallets, Fintech news, Global trends, Hotnews

December 5, 2017

R3’s Corda arrives on AWS Marketplace

By R3

Enterprise software firm R3’s Corda has become one of the first distributed ledger technology (DLT) solutions available to users of Amazon Web Services (AWS), enabling AWS’s network of users to build and deploy applications for finance and commerce on R3’s Corda. (more…)

Deals, Hotnews

December 5, 2017

WePay CEO On Chase Acquisition And What’s Next

“A couple of years ago, everyone was talking about integrated payments,” WePay CEO Bill Clerico told Karen Webster in a recent conversation. “Now people aren’t just talking about it – they are doing it and focusing in on it.” (more…)

Banks, Deals, Global trends, Hotnews

December 5, 2017

123

No CEO needed: These blockchain platforms will let ‘the crowd’ run startups

By Jeremy Epstein for Venture Beat

Back in May, I wrote about the concept of DAOs, decentralized autonomous organizations capable of running themselves thanks to blockchain technology — no CEO or C-Suite needed. At the time I was writing, there were a few people in the blockchain community testing out the idea but no strong efforts underway. That was six months ago. (more…)

Blockchain, Cryptocurrencies

December 4, 2017

143

Deutsche Bank hops on WeChat

Deutsche Bank is looking to keep in touch with its Chinese-speaking customers by jumping onto WeChat, the social media giant with nearly a billion active users. (more…)

Banks, Deals, Fintech news, Global trends, Hotnews

December 4, 2017

114

RBS and Allianz join C$45m funding round for quantum computing startup 1QBit

A host of financial services firms, including the Royal Bank of Scotland, have joined a C$45 million Series B funding round for Vancouver-based quantum computing startup 1QBit Information Technologies. (more…)

Deals

December 4, 2017