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Payment technology innovator Zooz has inked a deal with PayU that will help merchants reach customers in high growth markets. The partnership combines Zooz’s expertise in facilitating cross-border payments – including the company’s Smart Routing technology – with PayU’s deep presence in emerging markets around the world. “PayU is clearly aware of the opportunities and barriers Read more…
There’s a month and a half to go before CeleritiFinTech (CFT) launches its first core banking hackathon, CFT Hack the Core. And if you’re a fintech developer or startup looking to partner with a leading core banking provider in financial services, CFT Hack the Core on July 14 – 16 in San Ramon may be the moment you’ve Read more…
Travel and expense management company Expensify announced today it has surpassed 35,000 global customers this month. Contributing to this milestone, the San Francisco-based company has added about 15,000 new customers in the U.S. this year alone. This accomplishment places Expensify as the second most widely used expense management company, positioned just behind fellow Finovate alum, Concur, which demoed Read more…
P2P lending pioneer Zopa just picked up $41 million (£32 million) in new funding that will go a long way toward helping the company prepare for the roll-out of its challenger bank later this year. “This investment gives us additional resources to continue our growth, support the launch of our next generation bank, and bring our award-winning Read more…
FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr London 2017, 12 & 13 June. Visit our registration page and save your spot today. Trusted Key‘s presentation will cover: Top identity management challenges now facing financial services institutions. How the combination of mobile-centered technology, strong cryptography and blockchain uniquely address those challenges. How Read more…
Our first developers conference in the U.K. is next month. Join us for two days of developer-focused presentations, demonstrations, and conversations at FinDEVr 2017 London, June 12 and 13. Stop by our registration page today and save your spot. On FinDEVr.com Trulioo and the Regtech Revolution: How Smaller Teams Tackle the Compliance Challenge. Inside BBVA’s Open Read more…
Omni-channel banking provider Backbase and data aggregation company eWise have joined forces this week. The two veteran fintechs have formed a partnership that will offer Backbase bank clients access to eWise’s account aggregation technology via the Backbase Open Banking Marketplace. Backbase’s Open Banking Marketplace, which launched in 2015, now hosts 53 fintech APIs which offer banks access to Read more…
With an infusion of $8.7 (CHF 8.5) million in new capital, Swiss anti-fraud specialist NetGuardians now has more than $14 million in total funding. The Series C round was led by Swisscom Ventures and Freemont Management, and the company says the financing will help fuel the company’s “continued global expansion,” support additional investment in its anti-fraud platform, Read more…
ABN AMRO is the latest bank to choose Client Lifecycle Management solutions from Fenergo. ABN AMRO is the third-largest bank in the Netherlands and will use the technology to support its CDD/KYC processes in specific, and the bank’s broader “business transformation strategy” in general. ABN AMRO’s Helène Erftemeijer elaborated on the role Fenergo’s technology will play in Read more…
Note: Demoing as bankUP at FinovateEurope, the company has since rebranded as banqUp. There may or may not be a special place in heaven for those entrepreneurs and developers burning the midnight oil in a quest to build a better banking solution for small businesses. But there will always be a spot on the Finovate Read more…
Xero’s decision to use Expensify’s software for in-house receipt and expense management is the latest product of the strategic partnership the two fintechs announced last year. Expensify’s solution will provide SmartScan OCR receipt scanning, next-day reimbursement, and company card reconciliation to Xero employees at all 21 of the company’s offices worldwide. “From one product-driven technology company to another, we’re committed Read more…
Highlighting the fact that regulation is a key barrier to growth for banks, a post at the Trulioo blog earlier this month underscored how important it was for FIs to leverage technology to meet these challenges. “To help grow their role and create effective change, compliance needs to embrace the process and tools of change, innovation, Read more…