Wednesday, March 29, 2017

Starling Bank joins Current Account Switch Service

Starling Bank, one of the new breed of mobile-only banks, has joined the Current Account Switch Service. Read more: www.finextra.com

InsurTech industry has grown by 25%

InsurTech is developing quite fast, becoming one of the most booming verticals in the FinTech space. Read more: fintechranking.com

Rise of the robots; rise of RegTech

Robo advisers are democratizing access to financial services, and with it RegTech is growing. Read more: finovate.com

Clarity Money grabs $11m for financial wellbeing app

Financial wellbeing app Clarity Money has landed $11m in a Series B round co-led by RRE Ventures and Citi Ventures. Read more: www.fintechroundup.com

Compliance as competitive advantage

In an interview with PYMNTS, Cheryl Gurz of CGI said that to properly address financial crime, it must first be defined. Read more: www.pymnts.com

Wells Fargo introduces cardless ATMs across US

Starting on Monday, Wells Fargo depositors can withdraw money using a smartphone at any branded ATM. Read more: www.reuters.com

Is there a robo in your future?

There are benefits to adopting the technology. Yes, even for plan advisors. Read more: www.wealthmanagement.com

Private Equity firms partner for WealthTech platform

Parethenon Capital Partners and M2 have teamed up with former Matrix Financial Solutions president John Moody to launched a wealth management platform. Read more: www.fintechroundup.com

Fabric nabs $2.5m to simplify life insurance

Life insurance startup Fabric has pocketed $2.5m in a Seed round led by Bessemer Venture Partners. Read more: www.fintechroundup.com

Moneytree lands $9m to expand beyond Japan

Japanese financial management platform Moneytree has picked up ¥1bn (~$9m) in a Series B funding round led by SBI Investment. Read more: www.fintechroundup.com