February 12, 2019 @ 11:35 am By Samantha Hurst  |  

Jumio, a U.S. fintech, announced on Monday the launch of its new end-to-end biometric verification feature, Jumio Authentication. According to Jumio, this new approach starts with identity proofing where the user captures their government-issued ID and a selfie, which are then compared to each other… Read More

February 12, 2019 @ 9:54 am By Samantha Hurst  |  

SWIFT, a global member-owned cooperative and provider of secure financial messaging services, announced on Tuesday it is set to launch Know Your Customers (KYC) Registry for corporates. SWIFT reported that in a first step, from the fourth quarter of 2019, all 2,000 SWIFT-connected corporate groups… Read More

February 12, 2019 @ 9:27 am By Samantha Hurst  |  

Standard Chartered Bank announced on Tuesday it signed a memorandum of understanding (MOU) with Linklogis to explore opportunities to enhance its supply chain financing proposition and deepen client relationships in China. Standard Chartered reported that it will use Linklogis’ force as a digital blockchain-enabled supply chain… Read More

February 12, 2019 @ 8:04 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced last week it has teamed up with Oney, the banking and financial arm of Auchan Retail Romania, to implement Well.com, a mobile app in Romania, which allows biometric authentication payment by fingerprint. According to Wirecard, Well.com allows users to… Read More

February 11, 2019 @ 3:46 pm By Samantha Hurst  |  

TrueLayer, a computer software company that enables companies to capitalize on new open banking initiatives in the UK, recently announced the launch of its new TrueLayer Payments API. While sharing more details about the Payments API, the TrueLayer team stated: “The Payments API is a… Read More

February 11, 2019 @ 3:23 pm By Samantha Hurst  |  

Bud, a UK-based open banking fintech startup, recently announced it raised $20 million through its Series A funding round, which involved participation by HSBC, Goldman Sachs, Banco Sabadell, ANZ and Investec . Founded in 2015, Bud describes itself as an early stage business that offers an… Read More

February 11, 2019 @ 2:55 pm By Samantha Hurst  |  

GM Financial, GM’s credit subsidiary, announced on Monday it has formed a new partnership with fintech Spring Labs as part of the Spring Founding Industry Partners (SFIP) Program, which is looking to improve data management standards in order to help the auto finance industry prevent… Read More

February 11, 2019 @ 2:11 pm By Samantha Hurst  |  

Nav, a business financial management app that helps small business find the best financing by giving them free access to business and personal credit reports from major commercial and consumer credit bureaus, announced on Monday it secured $44 million through its Series C funding round, which… Read More

February 11, 2019 @ 12:37 pm By Samantha Hurst  |  

Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced on Monday it has made a significant investment in Dun & Bradstreet. Speaking about the investment, Stephen C. Daffron, President of Dun & Bradstreet and Industry Partner of Motive Partners, stated: “Dun… Read More

February 11, 2019 @ 11:25 am By Samantha Hurst  |  

Brushbox, a UK-based oral health subscription box service, is set to close its equity crowdfunding campaign on Crowdcube with more than £700,000 from 240 investors. The funding round was launched last month, originally seeking £500,000. As previously reported, Brushbox claims to be the UK’s first oral health subscription box… Read More

February 11, 2019 @ 10:28 am By Samantha Hurst  |  

The Bitfury Group, a UK-based full-service blockchain technology company, announced on Monday it, along with Longenesis, have teamed up with Medical Diagnostic Web (MDW) to implement blockchain technology to MDW’s radiology marketplace. According to Bitfury, the new partnership will create a next-generation platform for maintaining, sharing… Read More

February 11, 2019 @ 9:48 am By Samantha Hurst  |  

UK challenger bank Monzo announced on Monday the launch of its first 100 business accounts. This news comes just a few months after Monzo revealed it was considered business banking, with Founder and CEO, Tom Blomfield, stating 2019 plans included business accounts. Speaking about the new… Read More

February 11, 2019 @ 8:19 am By Samantha Hurst  |  

Scotiabank and The Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM), commonly referred to as Tec de Monterrey, announced last week they have teamed up to launch Factory A in Mexico City, which is the bank’s first fintech accelerator program. According to the duo, 10 fintechs will be selected… Read More

February 10, 2019 @ 5:23 pm By Samantha Hurst  |  

CoverHound, the property and casualty (P&C) insurance platform for digital distribution, announced last week it secured $58 million through its Series D funding round, which was led by specialist insurer Hiscox, with participation from insurance providers Chubb, Aflac Ventures and Japan-based MS&AD. Founded in 2010, Coverhound offers digital shoppers instant quotes… Read More

February 10, 2019 @ 5:10 pm By Samantha Hurst  |  

Peer to peer lender Beehive announced on Saturday it has formed a partnership with Thanachart Bank to launch a new SME value chain financing program in Asia. Beehive reported this was its first bank collaboration in Asia and the digitalized supply chain will provide improved liquidity… Read More

February 10, 2019 @ 4:54 pm By Samantha Hurst  |  

Lloyds Bank announced last week that it and Halifax customers are now able to see their personal current accounts from different banks through the Lloyds Bank mobile banking app. According to Lloyds Bank, the new open bank feature now enables customers to safely and securely… Read More

February 10, 2019 @ 4:42 pm By Samantha Hurst  |  

Meridian, a Canada-based credit union, announced last week the launch of its new digital platform, motusbank. According to Meridian, motusbank has already received the official go-ahead from the Office of the Superintendent of Financial Institutions (OSFI) and will open for business this spring. Its description reads: “motusbank… Read More

February 8, 2019 @ 11:20 pm By Samantha Hurst  |  

UK challenger bank Starling Bank announced earlier this week it has launched its Euro Account. According to Starling Bank, the Euro Account has been designed for UK residents who are the following: Are European expats living in the UK and sending money back home Work… Read More

February 8, 2019 @ 10:40 pm By Samantha Hurst  |  

Less than two years after securing more than £2 million through its second Crowdcube campaign, Dragon Den alum GripIt has returned to the equity crowdfunding platform to raise £1 million.  As previously reported, GripIt describes itself as the World’s Ultimate Plasterboard Fixing. The company’s products hold… Read More

February 8, 2019 @ 11:26 am By Samantha Hurst  |  

Fintech hub LATTICE80 announced on it is listing KAYA Token Futures on Delta Exchange. According to LATTICE80, the KAYA Token Futures was launched to offer a “crypto volatility free platform” to fintech startups and the KAYA network is part of the company’s vision to connect the… Read More