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On Finovate.com HooYu to Provide Verification Services for U.K. Challenger Bank Countingup. Following J.P. Morgan Chase Acquisition, WePay to Power Payments for Volusion. Around the web Temenos named a leader in global retail core banking by Gartner for eighth year in a row. Bloomberg looks at the blockchain-based digital identity solutions from SecureKey. CBInsight features Read more…
On Finovate.com Concur Launches e-Fapiao Solution for China’s WeChat Platform. Ephesoft Unveils Transact Mobile SDK 4.0, Leveraging Deep Learning to Create Clearer Images. Around the web Axis Bank leverages technology from Ripple to launch instant international payment service. Temenos announces pair of new providers to its Marketplace: Callsign and Limitless. NICE Adaptive Workforce Engagement (WFO) Read more…
On Finovate.com BankBazaar CEO Honored at India FinTech Awards 2017. Around the web ACI Worldwide inks licensing agreement with Payworks. PayPal introduces new Invoicing Extension for with Facebook Messenger. Commercial Bank of Ceylon embraces digital banking solution from Fiserv. ThreatMetrix boosts speed, improves accuracy and reliability with Winter 2018 release of its digital identity network. Read more…
Carrier billing company BOKU plans to go public on the London Stock Exchange’s alternative investment market (AIM), an international market for smaller growing companies. Ahead of next week’s public debut, the company announced it expects to raise $60 million on a post-money valuation of $164 million. Of the $60 million, $39.5 million will be distributed Read more…
Designed by Freepik From lending and P2P payments to the blockchain and AI, fintech companies and entrepreneurs in Asia are innovating in every area of fintech. The unique cultures of the Far East – increasingly mobile-friendly, cash-agnostic, and with fewer legacy financial institution incumbents and more willing government support – create a set of opportunities Read more…
Token and Envestnet | Yodlee are combining their respective talents in PSD2-compliant payments and financial data aggregation to give banks in the EU a new, open-banking friendly, payments and data option. The partnership will leverage Token’s open banking operating system, TokenOS, which supports PSD2 compliant payments, including bill pay, e-commerce, B2B payments and money transfers, Read more…
In a round led by Old Mutual Global Investors and venture capital firm IVP, TransferWise has raised $280 million in new funding. The new capital, which takes the London-based fintech’s total financing to more than $396 million, will be used to help the money transfer innovator grow its services and expand its global presence – Read more…
FinovateMiddleEast will take place February 26 and 27 in Dubai. We’re taking the fintech conversation to a new region this year, and with a new territory, comes new themes, trends, banking interests, and startup portfolios. FinovateMiddleEast, scheduled for February 26 and 27 in Dubai, will showcase 20+ companies’ newest fintech innovations in Finovate’s signature 7-minute demo Read more…
FinovateFall Best of Show winner Swych has introduced a new set of themed, e-gifting options. The new switchable Occasion, Category, and Event-themed e-gift cards are automatically redeemable in either U.S. dollars or Indian Rupees (depending on location) at retailers matching the category theme. A U.S. shopper who receives a Fashion e-gift card could “swych” it Read more…
India-based online credit processing platform BankBazaar is sure to have a happy Diwali this year. That’s because the company has landed $30 million in a Series D funding round led by Experian. The company didn’t name other contributors to today’s round, but cited existing backers Amazon, Sequoia, Eight Roads (Fidelity Growth Partners) and Walden International, Read more…
With a pair of newly-announced deals, Baker Hill continues to deliver what company President and CEO John M. Deignan called “the cutting-edge technology and comprehensive analytical intelligence our clients need to compete and win in today’s lending environment.” Baker Hill has partnered with Allied Solutions, which will refer Baker Hill’s suite of loan origination, risk Read more…
Blockchain solutions company Ripple is bolstering its presence in Asia this week with the launch of an office in Singapore. In a blog post, Ripple said that it selected Singapore to support its growing Asia Pacific customers, including Standard Chartered. The company also notes it favored Singapore because of its “publicly stated ambitions to be the Read more…