Pyramid Federal Credit Union signs for Clear Core data solution
Clear Core’s alpha partnership with Pyramid enables “quick” features.
Artificial Intelligence/AI
Commonwealth collaborates with JP Morgan on emerging tech
The initiative will focus on helping lower- and moderate-income people’s financial lives.
White paper: Enhancing trust with AI-driven biometrics
Learn how to improve every aspect of the identity lifecycle with intelligent ID.
Singapore’s MAS pours $182m into second fintech fund
Around half of the committed SGD 250m rolled over from the first FSTI scheme.
Banks adapting to post-COVID-19 world overlook power of data
Banks can use data to stand out from the competition and fortify their position.
VTB and Rostelecom to develop “first” universal geoplatform in Russia
The geoplatform is already available in 50 major cities in Russia.
Responsible subprime auto lending through AI
This math is at the root of a very basic truth: opportunity is not distributed equally in America.
Israeli auto-procurement fintech Approve.com lands $5m
Approve is a cloud-based software-as-a-service (SaaS) platform.
IBM, Mizuho and MUFG join Japanese quantum innovation consortium
The Quantum Innovation Initiative Consortium aims to enable cooperation between sectors.
Sokin picks Jumio to power customer authentication
Payments start-up praises Jumio technology.
Singapore’s robo-advisor StashAway lands $16m led by Square Peg
The fintech last raised funding in July 2019.
Why intelligent reporting is crucial to client retention
Good digital reporting is intuitive and comprehensive.
Catering to China’s small-time exporters
Bill Deng, CEO of XTransfer, unpacks how banks have snubbed a large number of long-tail customers.
An executive’s guide to real-world AI – lessons from the front lines of business
The real-life stories in this guide, including from Capital One and Discover, demonstrate that AI is within reach of all businesses.
OpenWrks lands government deal as digital affordability provider
The government wants to digitise more of its debt advice service.
BBVA collaborates with Fujitsu on quantum tech proof of concept
Spanish giant thinks quantum will be key to industry future.
What the Fintech? Episode 10 | Diversity & inclusion: AI bias
Theodora Lau, founder of Unconventional Ventures provides her take on artificial intelligence.
Can behavioural banking drive financial literacy and inclusion?
How are banks prepared to promote financial literacy for millennials and especially Gen Z?
RBC taps Red Hat and Nvidia for new AI private cloud
The Canadian bank aims to run thousands of simulations for “millions of data points.”
AI and correspondent banking: de-risking doesn’t need to mean goodbye
Correspondent banking represents one of the most vexing dilemmas for financial institutions and regulators.
Quantexa raises $64.7m in Series C funding
The anti-fraud AI firm has raised $90m to date.
VTB Bank launches “robot factory”
It plans to introduce 60 digital employees by 2021 & 250 digital employees by the end of 2022.
The roaring 20s: when the asset manager becomes a data manager
Failure to adapt won’t just impact your existing client base’s investments.
COVID-19 analytics: the lesson for those involved in policy management
Modern data-enabled systems and processes are the key to staying competitive.
Banks must deploy AI with urgency to save SMEs
Projects that would normally take months need to be delivered in days.
The LIBOR transition: why financial organisations need to work smarter and not harder
This LIBOR solution replaces an army of paralegals with technology able to extract information from a 200-page document and over 140 various data points.
Standard Chartered signs quantum computing research deal with USRA
Standard Chartered to investigate the uses of new technology.
White paper: Rearchitecting and simplifying post-trade operations
How cloud and innovative tech adoption can help overcome challenges in post-trade operations.
Banking Technology July/August 2020 issue out now
Unlocking the benefits of open banking.
ING taps Expert System to boost back office automation
The Dutch bank is aiming to improve its application of RPA.
Adverse media screening: a key pillar of financial crimes compliance
Can we leverage AI to enhance the effectiveness and efficiency of adverse media screening?
Pagaya raises $102m in Series D funding round
The US-Israeli wealthtech will use the investment to hire more top tier data scientists.
Payfone identity verification firm lands $100m
The firm uses mobile data to create a “trust score”.
Banking on the cloud in the face of COVID-19 and beyond
How is it already aiding savvy banks and their fintech counterparts?
Report: Ten trends in reshaping banking in 2020
Business model, agile organisation, ubiquitous automation, technology modernisation, and culture and workforce transformation.
Open banking start-up truID raises funding to expand customer base
It has raised an undisclosed funding round to help build out its product.
Santander to hire 3,000 IT workers this year for digital transformation
“They will be at the heart of our transformation,” says bank.
Former Diamond Bank CEO launches Nigerian start-up Sparkle
Sparkle already has a banking license from Nigeria’s central bank.
Singapore develops “fairness metrics” for AI adoption in finance
The metrics will inform credit risk scoring and customer marketing.
Banking Tech Awards 2020 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
