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Prepaid products company InComm is helping to break down geographical barriers. The company’s Japanese arm landed a major partnership today with China-based Tencent Financial Technology, the parent company of WeChat Pay services. Through the new partnership, WeChat Pay’s 849 million monthly active users will benefit from InComm’s POSA technology that allows Chinese visitors in Japan to use their Read more…
2016 was all about InsurTech: cash flowed in, the incumbents sat up and took notice, and a slew of start-ups arrived on the scene to grab the insurance industry by the shoulders and give it a good shake. Now, as the hype subsides, FinTech Futures have launched InsurTech Bytes podcast series, inviting John Egan, strategy Read more…
EON, the new digital banking platform from UnionBank of the Philippines, will feature mobile biometric authentication technology from Daon. The company’s solution, Identity X, will enable EON mobile app users to login using fingerprint and face authentication initially, with other authentication options including voice recognition to be available later. “As banks embark on their digital transformation journey Read more…
by Husayn Kassai, CEO and Co-Founder of Onfido Background Checks. First published on FinTech Futures. Robo advisers are democratizing access to financial services by offering expert financial advice, and with it RegTech is growing. We have seen this trend start in the US, and spread to the rest of the world. With Wealthfront and Betterment already household Read more…
FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr New York 2017, March 21 & 22. Tickets are on sale now. Visit our registration page and save your spot today. Pilot regulatory data lakes and take advantage of commodity cluster computing techniques for massively scalable, low cost storage of data files in any Read more…
How are the big trends in fintech like virtual reality, the blockchain, and big data analytics dictating trends in proptech? It is worth keeping in mind that trends in proptech are controlled by the same forces that drive trends in other parts of technology such as fintech. So when it comes to goals like improving the customer experience, in proptech Read more…
In a Series D round led by GV (formerly known as Google Ventures) and featuring participation by existing investors Anthemis, Notion Capital, Rakuten FinTech Fund, and Sapphire Ventures, cross-border payments innovator Currencycloud has raised $25 million (£20 million in funding). The new capital takes Currencycloud’s total funding to more than $59 million. Pointing to the Read more…
Canadian payments innovator Dream Payments raised $10 million in new funding this week. The Series A round was led by the investing division of Fairfax Financial Holdings, FairVentures, and takes the company’s total capital to more than $17 million. In addition to FairVentures, Connecticut Innovations, Real Ventures, and angel investors also participated. Citing the timing of Read more…
FinDEVr New York will be here in just two short weeks! Check out company features and take a look at the previews from upcoming presentations. And of course, don’t forget to register today to save! On FinDEVr.com Envestnet | Yodlee Launches Suite of Risk Reporting Tools. FinDEVr Feature — MapD FinDEVr Feature — NuCypher FinDEVr Feature — Read more…
Online real estate marketplace lender Patch of Land added commercial real estate specialist Matthew Zall as Chief Investment Product Officer. In his new role, Zall will focus on supporting Patch of Land’s expansion into the single-family rental market, developing longer term, permanent financing products. “The addition of Matt enables us to continue the expansion of Read more…
Fixed income technology innovator and FinovateFall alum Algomi raised $10 million in funding today. The capital from Euronext is the company’s most recent investment since a 2016 infusion of an undisclosed amount from former Thomson Reuters CEO and current Algomi strategic advisor, Tom Glocer. Euronext’s minority stake in the company comes with governance rights and a Read more…
FinDEVr New York will be here in just three short weeks! Check out company features and take a look at the previews from upcoming presentations. And of course, don’t forget to register today to save! On FinDEVr.com Barclaycard Brings Payment Functionality to Fashion Accessories. FinDEVr Feature — Finicity FinDEVr Feature – NuCypher FinDEVr Feature — Prevoty Read more…