24 July 2017
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Emirates NBD launches 'FaceBanking'
Mobile & online

Emirates NBD launches 'FaceBanking'

4 hours ago  | 0 comments | 4 tweets | 4 linkedin

Emirates NBD is has launched 'FaceBanking', a live video chat service available online and via mobile calls.

Online financial advisory firm Betterment has raised $70 million, valuing the robo-advisory hybrid at $800 million.

Sydney fintech hub Stone & Chalk is extending its reach into Victoria, with founding CEO of Fintech Victoria, Alan Tsen, at the helm of its new Melbourne-based operations.

A task force made up of hundreds of industry players brought together by the Federal Reserve has set out 10 recommendations to make payments in the US faster and more accessible by 2020.

Credit scoring startup Aire raises $5m; wins Zopa deal
Start ups

Credit scoring startup Aire raises $5m; wins Zopa deal

21 July 2017  | 0 comments | 6 tweets | 7 linkedin

AI-based credit scoring startup Aire has raised $5 million in a Series A funding round and won deals to work with P2P lending pioneer Zopa and the UK arm of Toyota Financial Services.

A Tribunal Court judge has blocked a £14 billion class action lawsuit against Mastercard for overcharging customers, agreeing that the claims were not suitable under the current collective actions regime.

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Yet more deals announced in payments sector
Mobile & online

Yet more deals announced in payments sector

21 July 2017  | 0 comments | 7 tweets | 18 linkedin

Investors' interest in the payments sector continues to intensify with today's news that three of the largest private equity firms in the world have made bids to acquire stakes in payment providers.

Robots, artificial intelligence and other forms of automation could take over almost a third of investment banking jobs within just a few years, according to a recent report from consultant McKinsey.

PayPal strikes deals with Chase and Citi
Cards

PayPal strikes deals with Chase and Citi

21 July 2017  | 0 comments | 10 tweets | 5 linkedin

PayPal has strengthened its ties to two of America's biggest banks, forming a comprehensive partnership with JPMorgan Chase and a rewards-focussed deal with Citi.

The Nottingham Building Society is bucking one of banking's biggest trends, expanding its physical footprint by opening seven new branches in British market towns.

Latest company announcements

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