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Are you building new financial technology? Be sure to check out coverage from our recent developer conference in San Francisco. We’re taking the fintech developer tool showcase to New York on 29/30 March 2016. Stay tuned for details. Developer news TechCrunch: Rakuten Launches $100 Million Global Fund for Fintech Startups. GitHub is rolling out a Read more…
BBVA just announced that its Wallet app surpassed one million downloads since its launch in 2013. The news comes as the Spanish bank reports that Wallet will launch with Turkey’s Garanti Bank this week under the brand name BonusFlas. BBVA’s Wallet app is currently available in four other countries: Mexico, Chile, the United States, and Read more…
Santander is partnering with Meniga to bring the Iceland-based fintech innovator’s “world class” PFM solutions to its clients and customers. Jose Maria Fuster, head of global innovation at Grupo Santander, called the agreement “the first step in a long-term strategic partnership” and “an important milestone in our journey towards truly personalized digital banking.” Meniga co-founder Read more…
In launching Quill for AML today, Narrative Science leveraged its advanced natural language technology to bring new anti-money laundering technologies to the enterprise. Quill for AML automates regulatory and compliance reporting and documentation typically done by hand. The solution allows businesses to produce SAR (Suspicious Activity Report) narratives and other reports that are consistent and Read more…
Are you building new financial technology? Be sure to check out coverage from our recent developers conference in San Francisco. We’re taking the fintech developer tool showcase to New York on 29/30 March 2016. Stay tuned for details. Developer news “The Next Web: How to Design with Developers” “Money20/20 Hackathon: A H-API Ending” The latest Read more…
iSignthis has successfully placed more than 26 million shares with institutional investors in a capital raise of $10.45 million. “The funding will enable iSignthis to accelerate growth, and further leverage our market advantage as a superior product with only limited competition,” said John Karantzis, iSignthis marketing director. He says the funding will help the company Read more…
There was a little of everything this week in what continues to be a strong month in funding (already over $1 billion). Worldwide, 28 companies raised about $420 million ($417 million not including funds from 4 undisclosed rounds). Two blockbuster deals contributed over half the total: $170 million to German marketplace lender Auxmoney and $81 Read more…
Online SME lender OnDeck has announced a significant expansion of its product line for small businesses. The expanded product suite includes broader loan terms—increasing the maximum loan amount from $250,000 to $500,000—and granting borrowers up to 36 months to repay (from 24 months). Lines of credit will be available up to $100,000 (from $20,000) for Read more…
Are you building new financial technology? Be sure to check out coverage from our recent developers conference in San Francisco. We’re taking the fintech developer tool showcase to New York, 29/30 March 2016. Stay tuned for details. Developer news Dev Bootcamp and Metis partner with Skills Fund to broaden access to web developer and data-science Read more…
When it comes to biometric touch-based authentication, Hoyos Labs believes four points are better than one. The authentication infrastructure specialist unveiled its 4F biometric technology at the Biometrics 2015 show in London this week. The smartphone technology simultaneously captures four fingerprints and works in any environment, leveraging the mobile device’s photo flash as a light Read more…
Alternative-financing provider Kabbage pulled in $135 million in new funding today. We speculated about this round in July, when rumors first circulated. It is the company’s largest round of equity financing, and brings the company’s total raised to just over $600 million. Perhaps more notably, some sources report that Kabbage is now valued at $1 Read more…
Are you building new financial technology? Be sure to check out coverage from our recent developers conference in San Francisco. We’re taking the fintech developer tool showcase to New York, 29/30 March 2016. Stay tuned for details. Developer news “Hack (Make!) the Bank London tickets now on sale for 7/8 November 2015″ Check out notes Read more…