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Software delivery company Persistent Systems and cybersecurity firm ValidSoft joined forces this week. The two are working together to develop a digital voice authentication solution that integrates into Persistent Systems’ banking solutions. The integration is built on ValidSoft’s Precision Voice Biometrics which continuously verifies a user’s identity. “As always, the consumer experience is paramount and Read more…
With FinovateEurope less than a month away, Finovate Research has been busily putting together a variety of features looking at different issues surrounding fintech in Europe. These insights will be published in an upcoming special supplement; stay tuned for our celebration of and reflection on PSD2’s second birthday, our look at venture capital’s impact on Read more…
Community bank marketing expert Kasasa announced a partnership with Carleton today in which Kasasa will integrate Carleton’s insurance and debt protection calculations into its Kasasa Loan, a move that will allow it to tailor loan limits. Headquartered in Indiana, Carleton provides financial calculation software, loan origination compliance support, and document generation software. Through the partnership, Read more…
Is there anyone out there who is NOT trying to secure a digital banking license in Singapore? The Monetary Authority of Singapore (MAS) announced last week that it has received 21 applications for digital bank licenses. A decision is expected in June, and the fortunate five who receive licenses will be able to launch their Read more…
Will 2020 be the year of emerging markets fintech? From major investments in fintechs in Latin America and Africa to the challenger banking “space race” in Singapore, 2020 could turn out to be a breakout year for fintech in many growing economies around the world. And while attention is deservedly shifting to exciting news in Read more…
Bankjoy and Zogo Finance are betting that helping credit unions and community banks educate their members rather than “sell” to them is the key to better engagement for CUs and better financial health for consumers. In a strategy especially geared toward attracting Gen Z customers, Bankjoy and Zogo will offer credit unions a combined financial Read more…
Join us next month in Berlin, Germany for FinovateEurope 2020. Our three-day fintech conference will begin on February 11 and run through February 13. The event features both our signature, seven-minute, live technology demonstrations, as well as keynote addresses, roundtables, and case studies on many of the most critical issues in fintech. Check out our Read more…
Michigan-based digital banking solution provider Bankjoy is ending the year with three new credit union partners. The company, which demonstrated its API at FinovateFall 2016, announced this week that three credit unions in Indiana and Texas with a combined $500+ million in assets and more than 50,000 members, will join its technology ecosystem of online Read more…
The challenger bank revolution is alive and well in Mexico. This week, three upstart financial institutions in the Latin American country were the recipients of a combined $20+ million in funding. The investments are a testament to the way local entrepreneurs are seizing the opportunity to provide banking services to a growing number of previously Read more…
In a Series C led by Tetragon, payments innovator Ripple has picked up an investment of $200 million. Featuring participation from SBI Holdings and Route 66 Ventures, the round takes the Ripple’s total capital to more than $321 million, and gives the firm a valuation of $10 billion. In a statement, company CEO Brad Garlinghouse Read more…
Around the web Bankjoy inks partnerships with a trio of Indiana and Texas-based credit unions: Las Colinas FCU, Fort Financial CU, and Mobility CU. Polish telecom Cyfrowy Polsat to take minority stake in Asseco Poland. Paysend announces expansion to Turkey. Nutmeg CEO Martin Stead will leave his post in early 2020, and will be replaced Read more…
SoftBank Backs Latin America Last week, the international fintech buzz was all about the booming investment in African startups. As you can see in our sub-Saharan Africa section below, that buzz continues as analysts wonder how African fintechs can best leverage their good financial fortunes of late. But this week, it’s all about Latin America Read more…