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

Lenddo delves into credit card applicants' social media data

Startup Lenddo has launched a 'social network' credit card in Colombia that will see applicants approved or declined based on their reputations on Facebook and Twitter.

28 April 2014

News/Big data

Twitter acquires social media sentiment tracker Gnip

Twitter has acquired Gnip a provider of aggregated social media content which is used by hedge funds, banks and signal providers to assess market sentiment and conduct analytics.

16 April 2014

News/Big data

Khosla leads all-star investment in small business finance start-up Fundbox

Fundbox, a San Francisco-based start-up that helps business owners fix their cash flow by transferring the amount of outstanding invoices to their bank accounts, has secured a $17.5 million funding round led by Khosla Ventures and featuring an all-star team of private investors, including former Citigroup chief Vikram Pandit, ex-Reuters head Tom Glocer, ISE chairman David Krell, and Jay Mandelbaum, one-time head of strategy and e-commerce at JPMorgan Chase.

10 April 2014

News/Big data

Big Data start-up ERN hires former ANZ CIO Ian Rae

ERN, a start-up promising to help banks and merchants aggregate and analyse data generated by card transactions, has hired former ANZ Bank CIO Ian Rae as its chief operating officer.

19 March 2014

News/Big data

ING retreats from plan for targeted ads based on spending history

Following a public outcry, Dutch bank ING has pulled back from plans to enable firms to push adverts to its customers based on payments history.

18 March 2014

News/Big data

Kensho raises $10m to build a Siri-like assistant for capital markets trading

US start-up Kensho has raised $10 million in seed funding to build an "intelligent market research assistant" that will answer complex financial questions asked in natural language.

23 January 2014