Top fintech stories this week – 24 March 2017

Banking Tech 2

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

EdgeVerve calls for fintech’s magnificent seven


EdgeVerve Systems, a product subsidiary of Infosys, has launched Finacle FinTech Connect and the chance for firms to integrate their solutions into Finacle’s banking suite. Companies are invited to register for a partnership evaluation process and stand a chance to present at its event Infosys Confluence 2017 in May in San Francisco; along with joint […]

Tandem pauses savings products plans, House of Fraser not to invest further

Tandem and House of Fraser

UK challenger bank Tandem is not to receive any further investment from retail chain House of Fraser. House of Fraser invested £6 million in December, as part of a planned £35 million injection.

TSB Bank automates loan origination with Cloudcase

New Plymouth, New Zealand, home of TSB Bank

TSB Bank in New Zealand is rolling out a new lending solution from Australia-based fintech start-up Cloudcase.

Yes Fintech accelerator unveils 12 finalists

CEO is now Chief Cultural Transformation Officer

Yes Fintech, the accelerator programme of India’s Yes Bank, has unveiled its 12 finalists.

Inter-American Development Bank launches Finconecta ecosystem

Inter-American Development Bank

Inter-American Development Bank (IDB) and Florida-based fintech firm Above & Beyond (A&B) have unveiled “Finconecta”, a ten-month programme which integrates fintechs and financial institutions (FI) in an interconnected ecosystem. The technology platform behind it is called “Forward”, which was built by A&B, and is described as an app store-styled marketplace that allows firms to expose […]

Poland’s mBank to invest €50m in fintech start-ups

mbank 2

Poland-based mBank will set up the “first” fund in Central and Eastern Europe that will specialise in developing and selling new technologies. The Polish bank says it has an ambition to influence digital transformation in the banking sector and its mAccelerator project will provide €50 million in investment to start-ups. mBank CEO Cezary Stypułkowski says […]

Bangkok Bank and Nest unveil fintech start-up programme

Bangkok Bank logo

Bangkok Bank has launched its fintech accelerator programme, Bangkok Bank InnoHub, in partnership with venture capital firm Nest. The 12-week programme will take place in the bank’s home market and will cater for eight early-stage companies. Nest has run similar programmes with corporates in Hong Kong, Singapore and Nairobi in Kenya. Bangkok Bank president Chartsiri […]

Starling Bank spreads its beta wings

starling bank

UK challenger bank Starling has unveiled its mobile app and is welcoming the first customers through its digital doors to join a beta testing programme. As Banking Technology previously reported, the bank has been getting ready for this moment. Yesterday (15 March), it chose TransferWise to provide money transfer services to its customers. It will […]

BBVA launches fintech challenge for start-ups


BBVA has launched the ninth edition of its “Open Talent” fintech competition – and is looking for start-ups from across the globe. The Spanish bank says this year its programme has grown from one competition to five. It will be hosting three focused world-wide competitions, more than a dozen country-specific opportunities, two specialist challenges for […]