Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Financial data specialist MX raises $100m

MX, a US outfit that promises to help banks, credit unions and fintechs use their data more effectively, has raised $100 million in a Series B funding round led by Battery Ventures.

25 June 2019

News/Big data

Sberbank to open pilot branch in McDonald's outlet

Customers of Russia's Sberbank will soon be able to do their banking with a side-order of Big Mac and Fries following a collaboration deal agreed between the state-owned banking entity and the giant US burger chain.

10 June 2019

News/devops

Money 20/20 Europe 2019 Q&A: Deutsche Bank’s Joris Hensen

After taking part in the F’in debate on transforming traditional banks to compete in the digital banking battlefield at Money 20/20 Europe 2019 in Amsterdam, Finextra spoke to Joris Hensen, co-lead API program at Deutsche Bank AG, about their developer portal, data aggregation and open banking.

06 June 2019

Company update/Big data

Mosaic Smart Data recruits Oxford professor as scientific advisor

Mosaic Smart Data (Mosaic), the real-time capital markets data analytics company, has appointed Oxford University Professor of Mathematical Finance, Rama Cont, as Scientific Advisor.

05 June 2019

News/Big data

Will you be able to make trades directly from your mind in 2069?

What will trading technology look like in 50 years? Trades powered directly by thoughts, hardware that inhibits the influence of negative emotions, and mobile-phone based 3D trading rooms could all be in our future, predicts a report.

30 May 2019

News/Big data

Innovation driving digital acceleration in Latin America

Swift's Latin American Regional Conference (LARC) explored how banks in the region are looking to increase digitisation, while managing cyber and compliance challenges.

29 May 2019

Company update/Big data

Whishworks plans to grow geographic footprint after acquisition by NIITT

WHISHWORKS, a Big Data specialist and MuleSoft strategic partner for the banking and finance sector, has announced exciting expansion plans across the USA and the Middle East as it grows its customer base, increases headcount and reports its highest ever year-on-year revenue growth.

22 May 2019

News/devops

Live: FusionONE 2019 - day two

Welcome to Finextra’s live coverage of FusionONE 2019. The second day of the conference will tackle issues that concern the developers before breaking into streams, focusing on different products.

22 May 2019

News/Big data

Live: Swift Latin American Regional Conference - day one

Welcome to Finextra's live coverage of the Swift Latin American Regional Conference 2019, in Panama City. This event will focus on important issues affecting the financial industry in the region, and how the financial community can accelerate digital transformation.

21 May 2019

News/ai

US Congress launches fintech and AI task forces

The US House of Representative is launching task forces looking into fintech and artificial intelligence in financial services.

10 May 2019

News/Big data

Irish fintech Ion set to buy Acuris for £1bn

Ion Group, a Dublin-based financial software and data company, is reportedly in talks to acquire Acuris, the London-based owner of financial news and data service Mergermarket, in a deal expected to be worth more than £1bn.

10 May 2019

News/Big data

Swift Business Forum Ireland 2019 - live blog

Welcome to Finextra's coverage of the Swift Business Forum Ireland 2019, live from Croke Park in Dublin. The day's agenda promises to explore how Irish financial institutions can capitalise on unprecedented technological change to deliver a truly digital customer experience.

30 April 2019

Company update/retail

Lowell opens Amsterdam data science centre

Lowell has cemented its commitment to industry-leading, advanced analytics with the launch of Lowell Labs.

25 April 2019

Company update/wholesale

Big xyt adds transaction cost analysis to platform

big xyt, an independent provider of high-volume smart data and data analytics, is pleased to announce that, following consultation with a number of clients, the big xyt analytics platform has been extended to include Transaction Cost Analysis (TCA).

23 April 2019

News/Big data

WeLab becomes first homegrown player to get Hong Kong virtual banking license

Mobile lender WeLab has become the fourth - and first homegrown - applicant to be granted one of Hong Kong's new virtual banking licenses.

12 April 2019

News/wholesale

Barclays invests in simulation tech outfit Simudyne

Barclays has led a $6 million Series A funding round for Simudyne, a simulation technology firm used by banks for things such as stress testing and contagion management.

08 April 2019

News/startups

HSBC invests in Asian insurtech CXA Group

HSBC has joined a $25 million funding round for CXA Group, a Singapore-based health-focused insurance startup.

13 March 2019

News/startups

Citi, Goldman Sachs invest in Second Measure

Second Measure, a technology company that analyses billions of everyday purchases to answer real-time questions about consumer behavior, has closed $20 million in a Series A funding round co-led by Bessemer Venture Partners and Goldman Sachs, and joined by Citi Ventures.

04 March 2019

News/retail

Santander strikes $700m IBM deal to support biz transformation programme

IBM continues to rack up the financial services contract wins, scoring a huge $700 million global deal with Banco Santander, as well as agreements with ICBC Argentina and the card unit of Hyundai and Kia Motors.

13 February 2019

News/ai

UOB targets Singapore's 'emerging affluent' with state-of-the-art branch

United Overseas Bank (UOB) is mixing the physical and the digital with a new tech-packed branch focussed on Singapore's large "emerging affluent" class.

12 February 2019