HSBC turns to blockchain to digitise private placement records
The bank has launched its new Digital Vault platform.
Banking
DFS 2019: Europe’s financial landscape a long way from united
Yet there’s hope for harmonisation on the horizon, says panel.
DFS 2019: C-level execs with “no idea” holding back innovation
The right structure is needed at banks to enable technological progress, says panel
Smartstream partners with Union Systems to tap Africa’s finserv space
Union Systems has a presence in 19 African countries.
Bank ABC launches digital challenger ila Bank in Bahrain
Less than two years ago Bank ABC promised to “transform banking”.
Co-operative Bank launches personalised loan marketplace with Freedom Finance
Successful applicants “could receive funds the same day”.
Artificial intelligence and natural reluctance
AI prize: building a future-proof organisation with a right to not just survival but also success.
Slovenia passes law requiring central bank to pay back 2013 losses
A build up of bad loans since the financial crisis saw investors lose out in 2013.
Citigroup fined record £43.9m for ‘widespread’ regulatory reporting failures
Citigroup fell “fell significantly below the standards expected”.
FIS integrates IBM to help clients counter fraud
IBM Safer Payments has been installed in FIS’s P2P solutions
NatWest ‘planned maintenance’ stops customers applying for Help to Buy ISA days before deadline
Customers took to social media to vent their frustrations.
Spanish cybersecurity start-up Buguroo raises $11m
The start-up builds unique “cyber profiles” for each finserv customer.
N26 selects Eurobase Siena to manage its treasury operations
Siena will manage the treasury operations of N26’s 3.5 million customers.
Argentine money manager Ualá raises $150m in round led by SoftBank and Tencent
Bloomberg says Ualá is close to a $1 billion valuation.
Tandem Bank signs up TrueLayer for account aggregation
The UK challenger’s 800,000 customers will gain access to their other accounts in-app.
MLRO’s in the regulatory “cross-hairs”
The role of AML compliance officer/MLRO has never been more challenging.
As platformania reaches its peak, what is the secret to marketplace liquidity?
Over the last ten years, the platform business model has risen exponentially in popularity..
MoneyLive 2019: Here Mobility to help banks react to Uber and Grab’s financial play
The firm is offering a white label mobility solution to banks.
TSB plans 82 branch closures in £100m cost cutting exercise
UK bank spends 85% of income on running costs, says CEO.
MoneyLive 2019: Neobanks “regularly” share tips on financial crime, says exec at Natwest’s Bó Bank
Collaboration between new banks is “pretty impressive”.
UK challenger OakNorth’s partnerships chief leaves bank
Amir Nooriala has left the bank after just six months in the role.
MoneyLive 2019: Banks have to be humble even if they’re everywhere, says ING exec
Banks tend to over-promise to customers through their adverts, says ING CIO
Epiphany CEO: We’re the only “truly open” banking platform in the industry
The CEO says other banking technology providers are “not really open”.
Nationwide opens API sandbox for mortgage processing
The UK institution has been in contact with a number of third parties.
How to land a job in fintech
Expectations for fintech candidates have changed significantly.
Thailand’s SCB set to turn tech divisions into new fintechs
One unit has the potential to be a “unicorn”.
EQ Bank completes cloud-based Temenos core banking project
Bank finalises migration to the Microsoft Azure cloud.
TSB suffers fresh payments glitch
Customers reporting lack of wages as internet banking slows.
Thought Machine becomes Google Cloud partner
Google Cloud is already popular among Thought Machine’s clients.
Cornèr Bank launches first biometric credit card in Switzerland
The credit card will be issued to an initial 100 customers.
Carbon footprint tracker for purchases Enfuce raises €10m
Enfuce is dubbed the biggest fintech start-up in Finland.
Building a digital atelier: How fintechs are disrupting the fashion industry and combating waste
MTO technology can significantly reduce the march of overproduction.
Capital market disruptor Capitolis raises $40m in Series B
Investors see the fintech in a position “to transform a whole industry”.
Preparing your fintech to thrive despite Brexit uncertainty
There are concrete steps fintechs can take today to put them on the right path.
Video: Top fintech stories this week – 22 November 2019
FinTech Future’s weekly news round-up.
CMTI 2019: Capital markets in a “war” with disruptors
Innovators are drawing battle lines that banks need to meet, says panel.
Nium powers cross-border payments for Cambodia’s PhillipBank
Cambodian institutions are increasingly engaging with their global counterparts.
Caixabank inks deal with Salesforce to bring CRM to digital banking
The companies signed the agreement at Salesforce’s Dreamforce event.
Deutsche Bank already using robots as it gears up to cut 18,000 jobs
AI has “massively increased productivity” for the bank.
Revolut appoints new group chief risk officer Pierre Decote
Ex-Goldman Sachs, HSBC and Barclays execs have also been hired.
