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Fintech

EuropeFintechNews Roundup
·May. 10, 2019

Raisin Adds $113mn with Backing of Orange Digital Ventures

Fintech Raisin has raised an additional $113mn in a series D round from Orange Digital Ventures and existing investors including...
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Asia/PacFintechNews Roundup
·May. 10, 2019

Hong Kong Approves 4 Significant Digital Banking Licenses

Hong Kong has approved 4 more digital banking licenses for Tencent, Alibaba, Xiaomi and Ping An; the approvals are sure...
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FintechNews RoundupUSA
·May. 10, 2019

PayPal Can Save $25mn a Year by Automating Customer Service

PayPal’s CFO John Rainey said 11 percent of the company’s 60 million customer inquires could be automated; the types of...
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EuropeFintechNews Roundup
·May. 10, 2019

Tink Partners With NatWest On Mobile Banking

Fresh off their €56 million funding round in February Swedish fintech platform, Tink, is partnering with British bank NatWest; the...
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FintechNews Roundup
·May. 10, 2019

Big Banks Spending Billions on Technology

Santander announced recently that it will spend €20 billion ($22 billion) on digital transformation through 2022; JPMorgan Chase has said...
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FintechNews RoundupUSA
·May. 10, 2019

Figure Closes a $1 Billion Line of Credit on Blockchain

Figure has announced the commitment of a $1 billion uncommitted asset based financing facility on their Provenance blockchain; the funding...
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FintechNews Roundup
·May. 10, 2019

AI in Banking Needs Explainability to Reach its Potential

In an American Banker op-ed the author acknowledges the amazing potential of AI; it has been said that it could...
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FintechNews RoundupUSA
·May. 10, 2019

House Committee Creates New Fintech and AI Task Forces

This week the chairwoman of the House Financial Services Committee, Maxine Waters, announced the creation of a Task Force on...
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FintechNews RoundupUSA
·May. 10, 2019

Savings App Looks to Help Smaller Banks Attract Millennials

HTMA Holdings has developed a new savings app to help small banks attract millennial customers; Plinqit is designed to help...
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Asia/PacEuropeFintechNews RoundupUSA
·May. 10, 2019

Announcements & Releases for May 10, 2019

U.S. Bank launches app to take pain out of filing expenses Bankers Expect AI To Make Your Financial Life More...
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