Tuesday, December 1, 2020

InnoTree picks up $15m for Chinese investment data service

Investment data and research startup InnoTree has raised $15m in a Series B round led by Guangdong Poly Asset Management. Read more: www.fintechroundup.com

Banking on collaboration

The disruptive forces of technology and legislation are forcing banks to become open and collaborative, things which they historically found challenging. Read more: www.bankingtech.com

Finicity picks up $42m for financial data aggregation

Real-time financial data aggregation platform Finicity has picked up $42m in new funding. Experian led the Series B round with Bridge Bank also participating. Read more: www.fintechroundup.com

BBVA creates global head of data role

BBVA has installed veteran David Puente as global head of data. Read more: www.finextra.com

FinTech firms form new trade group

In the wake of proposed new regulations, a coalition of fintech companies has formed a new trade group aimed at ensuring consumers can access and share financial data with third-party companies. Read more: www.cutimes.com

Big Squid grabs $3m to predict business scenarios

Predictive analytics firm Big Squid has landed $3m in a seed funding round led by Silverton Partners and Kickstart Seed Fund. Read more: www.fintechroundup.com

How smart data is beating big data in the FinTech industry

Smart data cuts through the noise of big data and finds information that provides real value instead of wasting time distracting data. Read more: tech.co

Visa, Amazon partner to bring better data to B2B clients

Visa and Amazon have partnered together to enable more transparency in transaction data for Amazon Business account holders. Read more: bankinnovation.net

Big data, big opportunities for insurance

Insurers have to be upfront with consumers that there are risks involved, but remain open about how they plan on using their data - leaving no room for doubt. Read more: www.insurtechnews.com

The impact of more data on the claims handling process

Data and analytics have become incorporated in the P&C space application and underwriting processes. Read more: www.propertycasualty360.com