Two UK credit unions live on TCS Bancs
TCS confirms Voyager Alliance and RetailCUre deployment of cloud-based Bancs.
Banking
Lloyds, Halifax and Bank of Scotland customers hit by system outage
The incident took place from around 4am on New Year’s Day.
JP Morgan vows to ban fintech apps from using customer passwords
It’s working towards issuing tokens that send third parties a narrow range of data in a secure form.
BBVA trials Amazon platform for banking products
The Spanish bank is exploring options via a partnership with a Michelin star restaurant.
Standard Chartered appoints new CIO of corporate, commercial & institutional banking
Rene W. Keller joins Standard Chartered from Deutsche Bank.
SME challenger bank B-North raises £2m funding
The bank’s first regional “Lending Pod” will open in Manchester in Q2 2020.
BoE’s Carney says finance is too slow on tackling climate change issues
Carney is due to become the United Nations’ special envoy for climate change.
HSBC plans new restructure with France and USA in firing line
The global bank is aiming to cut costs and weed out loss-making divisions.
Razer Fintech, Grab and Singtel bid for Singapore digital banking licence
There are only five of the new licences up for grabs.
Former Starling Bank CTO plans 2020 launch of crypto digital bank
Mark Hipperson is CEO of Ziglu, an app that will allow users to trade cryptocurrency
ISO 20022: stepping in the right direction
Market participants should assess the impending transformation and work on action plans.
Credit card challenger Koto to launch in UK come 2020
“We are offering credit with a fixed fee from day one,” says Koto’s CEO.
Fintech’s largest mergers and deals in 2019
What deals shook the market this year? We find them so you don’t have to
2019’s biggest banking job cuts
Digital transformation can lead to unhappy consequences.
CBI’s CEO on gender diversity in banking and how it’s changing
She is optimistic about the last eight years she’s spent as a CEO.
Our top women in fintech and banking 2019 short list
A short-list of rising stars and household names in banking and fintech.
Top 10 challenger banks by valuation and funding
It’s been a record year for fundraising across the challenger bank space.
UK challenger Supreme Fintech set to launch globally in February 2020
The start-up is gearing up for its 1 February 2020 launch.
A 2019 challenger bank review
B-North’s COO takes a look back at what 2019 had in store for banks.
Incumbents are putting aside religions of old, says cyber firm Veracode
The rise of cloud-native fintechs is “acting as a message to incumbents”, says CTO
Top 7 banking outages in second half of 2019
Banking outages have hit headlines thick and fast this year.
Deutsche Bank launches motion code Calma Card with Mastercard in Spain
The major companies say it’s the first Spanish card to use motion code technology.
Next year looks bright for community banking
Credit unions and community banks raise their game in 2020.
2019’s largest regulatory fines
The biggest charges levied by regulators this year, summarised for you.
UK fintech Rebank raises $2.8m seed round to help businesses bank
The start-up sits on top of businesses’ bank accounts.
Australia delay open banking regulation by six months over cybersecurity concerns
Banks are “extremely concerned about cybersecurity”, says ACCC.
Gen Z are the bank customers of the near future
Learn how banks can balance engaging with this group, millennials and older customers.
Challenger banks in the Middle East
Featuring challenger banks in the UAE, Bahrain, Saudi Arabia and Israel.
How would Boris Johnson’s 2% digital tax affect UK fintech?
The tax will target big social media platforms, search engines and online marketplaces.
OP Financial Group signs Minna Technologies to advance open banking
Finland’s largest financial group calls the partnership “the right match”.
Signing up to the future
A legal evangelist explains why she expects the future of contracts to be autonomous.
How pursuing an OpenAPI strategy has helped Saxo build an ecosystem
An ecosystem doesn’t live and breathe by itself.
Adflex CEO: Cards are definitely fighting back
Secure Remote Commerce (SRC) will disrupt the age old four-player system.
Video: Top fintech stories this week – 20 December 2019
FinTech Future’s weekly news round-up.
Small business lender iwoca lands in Leeds to boost fintech hub
The fintech promises at least 100 employees in the northern city by 2023.
Starling and Monzo hike up overdraft charges for bad credit scorers
Starling is currently the cheapest option only going as high as 35%.
ANZ overcharges 3.4 million customers, only 30% paid back
One million customers have been reimbursed so far with an average of $60 each.
FinTech Futures Industry Survey 2020
We are calling on our readers to provide us their views!
Metro Bank’s founding chairman Vernon Hill steps down as non-exec director
Hill steps down from the position ahead of the 31 December 2019 date.
Financial Stability Board warns of bigtech banking risk
Tech firms’ relationship with finance could create instability, says FSB.
