Breaking down walls
FinTech Futures took this somber moment to sit with Keisha Bell at DTCC.
FinTech Futures took this somber moment to sit with Keisha Bell at DTCC.
FinTech Futures’ weekly news round-up.
“We have a larger obligation to deliver fairness.”
BoA has acquired approximately 5% of the bank’s common equity.
The South African Bank aims to “simplify” banking for its customers.
Monument has raised £20 million to date.
The Jordanian bank is an existing user of Temenos’ core banking system.
The New Zealand firm will deploy Mambu tech alongside its own systems.
A flexible approach is needed to ensure newly digital customers aren’t frustrated.
The work of banks, regulators and governments has kept things calm, says Jean Lemierre.
All merchants can upload their logos at logo.ethoca.com for inclusion in online banking and payment apps.
The 400 job cuts are part of a forecast 16% reduction in Virgin Money’s headcount.
“Once you strip back a lot of the functionality in retail banking it’s more about experience than solving issues.”
The undisclosed strategic injection sees Citi deploy some Genesis tech.
Postings is an industry veteran, spending 25 years at Barclays and three at Lloyds.
The number of senior Black execs on Wall Street has remained under 3% for the past decade.
Educate, advocate, invest: It’s not enough for companies to pay lip service.
Van Rijswijk is “strongly advocat[ing]” that regulators come up with an equivalent for banks.
She discusses SmartStream’s AI solution for data processing.
He discusses the firm’s recent research.
CommBank CEO CommBank says all deals are valuable learning opportunities
“Those in the private sector definitely have their own lifecycle,” says PBOC.
The industry organisation was formed with the help of Lloyds and HSBC back in 2018.
“Young people are being excluded from wealth-generating services,” says CEO.
The new tech “enables non-IT staff to take multiple complex data sets and compare them within seconds”, says CIO.
IBM acted as a technology partner with its IBM Cloud.
Goldman reportedly beats Barclays to nab consumer credit pool worth $8.5bn.
The fintech holds a 65% market share of Kazakhstan’s digital payments flow.
Anders la Cour, co-founder and CEO of Banking Circle, examines the lessons of 2020.
Costs, compliance and confusion need to be solved by new technology, says panel.
Major investor Warburg Pincus currently owns 45% of Avaloq.
The two have around two million merchants, and around 120 million cards.
Balance updates, standing order controls, and savings goals come as standard.
Until now, no established, Black-owned, UK-founded bank has existed.
Manchester-based firm plans full launch for later this year.
Monese picks Thought Machine’s Vault to revamp core banking systems.
There’s a clear demand in the UK market for a proven technology provider.
Some 113,300 personal digital wallets have been opened.
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