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BBVA and Anthemis create hub to nurture next gen start-ups
BBVA has teamed up with fintech venture investor and builder Anthemis Group to build a venture creation studio in London. “The studio will create value by deploying capital and resources to building...
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AXA to focus on fintech investment with fund restructure
AXA IM to invest in fintech AXA Investment Managers (AXA IM) is restructuring its Framlington Financial fund into a fintech one. The £55 million fund, which is over three decades old, will be renamed...
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NatWest launches “revolutionary” syndicated lending platform
“Revolutionary” blockchain-based syndicated lending platform UK-based high street banking heavyweight NatWest says it has become the first bank to launch a “revolutionary” syndicated lending platform...
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Tez Financial Services lands $1.1m investment
Tez lands $1.1m investment Tez Financial Services, which describes itself as “the first fully digital non-bank microfinance company in Pakistan”, has raised $1.1 million in a seed round led by Omidyar...
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FundGuard raises $4m funding to “revolutionise” investment funds tech
FundGuard raises $4m FundGuard, a cloud-based investment funds operating system powered by artificial intelligence (AI), has launched and raised $4 million in funding led by venture firms Blumberg...
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Monese ventures into business banking
Monese ventures into business banking UK and European challenger bank Monese has launched its Monese Business account, available in 11 languages. It is currently available to the UK registered...
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Commerzbank in major trade finance automation drive with Conpend
Commerzbank teams with Conpend for trade finance automation Commerzbank plans to automate 80% of the selected compliance relevant pre-checks in trade finance transaction processing by 2020. To do so,...
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Brickblock teams with solarisBank and JTC for blockchain real estate projects
Brickblock: putting real estate investments on a blockchain Brickblock, a technical service provider for real estate investments on the blockchain, has joined forces with JTC Group and solarisBank for...
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Goldman Sachs and Ayco in huge financial coaching deal with Google
Ayco wins a major deal with Google Ayco, a subsidiary of Goldman Sachs that provides financial counselling to employees, has signed a massive deal with Google, according to Business Insider. Ayco (and,...
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Bolero’s e-bill of lading in pioneering trade finance project in Australasia
Bolero’s eBL in “significant first” Swire Shipping, a provider of managed liner services, has achieved “a significant first” by accelerating a shipment of containerised grain from Australia to New...
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CGI, National Bank of Canada and Skuchain in blockchain-based trade finance...
CGI, National Bank of Canada and Skuchain team up for blockchain project National Bank of Canada, tech heavyweight CGI and blockchain tech firm Skuchain have collaborated on a pilot programme to...
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Co-operative Bank embraces open banking with Fiserv’s tech
Fiserv lands new tech deal with Co-op Bank UK-based Co-operative Bank will implement Fiserv’s FinKit for Open Banking, “to provide more flexibility for customers to choose how they conduct their...
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Deutsche Bank and Data Labs in “ground breaking” big data project
Deutsche Bank keen on big data Deutsche Bank says it has “stepped up its big data efforts” with the launch of new analytics capability for its securities services business. The enterprise analytics...
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Fidor brings its operating platform to US
Fidor’s tech coming to the US Germany-based challenger bank Fidor is bringing its flagship technology, the fidorOS operating platform, to the US, via a distribution agreement with tech development firm...
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iGTB and R3 join forces for blockchain-based fintech platform
iGTB and R3 team up Intellect Global Transaction Banking (iGTB), the transaction banking division of India-based tech firm Intellect Design Arena, has joined enterprise software firm R3’s collaborative...
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Red Hat and Open Bank Project team for nex-gen open banking offering
Red Hat and Tesobe team up for open banking The Open Bank Project, an open source API solution for banks, has launched a new API offering for banks and financial institutions, developed with Red Hat,...
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Utkarsh Small Finance Bank in paytech overhaul with ACI Worldwide
New paytech project for ACI in India India-based Utkarsh Small Finance Bank (USFB) has become the first bank in the country to go live with the latest version of ACI Worldwide’s UP Retail Payments...
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Visa step closer to B2B Connect launch, onboards new partners
Visa B2B connect step closer to launch Visa has unveiled new product details surrounding digital identity in preparation for a Q1 2019 launch of its new B2B Connect offering. “This one-of-a-kind...
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IBM unveils Open Banking Platform
Tom Eck, IBM: reengineering legacy core banking systems while innovating is like trying to change your tires while speeding down the freeway IBM has unveiled its Open Banking Platform, “a software...
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Digital payments dawn as SmartStream unveils TLM Aurora
The dawn of the digital payments era SmartStream Technologies, a provider of financial transaction lifecycle management (TLM) solutions has unveiled TLM Aurora, the next generation of the vendor’s...
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