Sunday, March 24, 2019

Nationwide Revives 10x Futures Technology with £15m Funding

Nationwide has invested £15 million in 10x Future Technologies as part of a Series B funding round, giving it a minority shareholding. Read more: bankingtech.com

Moneyhub Adds Starling Bank to Payment Gateway

Moneyhub has integrated Starling Bank into its Payment Gateway, the first challenger bank to support PSD2 PISP legislation and joining the growing list of payment providers on the Moneyhub platform. Read more: finextra.com

End of days as Barclays brings bPay into Pingit

Barclays’ bPay app has had its day as it will be brought into Pingit to build out this mobile payment brand. Read more: www.bankingtech.com

Mobile bank Chime joins unicorn club with $200m funding round

US mobile banking startup Chime has raised $200 million at a $1.5 billion valuation in a Series D funding round led by DST Global. Read more: www.finextra.com

ACI to acquire Speedpay for $750m from Western Union

ACI Worldwide has signed an agreement to acquire Speedpay, Western Union’s US bill pay business, for $750 million in an all-cash transaction.  Read more: www.bankingtech.com

Experian calls off £275m ClearScore acquisition

Experian has dropped its planned £275 million acquisition of ClearScore due to pressure from the UK’s Competition and Markets Authority (CMA). Read more: www.bankingtech.com

Singtel forges mobile banking collaboration with Axiata Digital

The Singtel Group and Malaysia’s Axiata Digital have inked a Memorandum of Understanding at MWC Barcelona to collaborate in the areas of mobile financial and digital services that will support ASEAN’s efforts to grow the digital economy. Read more: www.finextra.com

What ‘digital investment advice’ product is Northern Trust building?

When a money manager that controls $1.1 trillion decides to build a new digital product, the effort deserves attention. But what exactly does Northern Trust Read more: bankinnovation.net

UK challenger bank Griffin gears up for wholesale launch

London-based Griffin is preparing to unveil its new wholesale (infrastructure​) challenger bank in the UK. Read more: www.bankingtech.com

Mastercard taps Token.io for connectivity hub

Token.io, the Turkey-based open banking platform company, announced Wednesday (February 13) Mastercard has chosen it to provide the connectivity  Read more: www.pymnts.com