A banker goes a-banking, volume 4: GDPR for the masses
It is time we gave some respect back to the drops that make the ocean.
Banking
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
Robinhood raises $323 million in Series E funding
The new round of funding values the company at $7.6 billion.
Busey selects Jack Henry to support growth
The SilverLake System is believed to be replacing CSI’s NuPoint.
First JCB card issued in India with NPCI partnership
The new card is designed to serve outbound Indian travellers.
New challenger revverbank picks Fusion for core banking capabilities
The proposition will be underpinned by Microsoft’s Azure platform.
Friday the 13th is coming – is banking ready?
The deadline for PSD2 compliance is rapidly approaching – will your firm be ready?
MoneyLion roars with $160m funding
The company will have raised over $200 million in equity financing.
Mastercard and Nationwide announce new partnership
Building society prepares to launch new business banking service.
Moors and Cabot selects RBC as new clearing partner
This will enhance the firm’s back-office capabilities.
Zeta eyes global expansion with Series C investment
The investment came from Sodexo at a valuation of $300 million.
Morgan Stanley and Box launch document sharing portal
The platform promotes communication between financial advisors and clients.
UnionBank pilots blockchain-based cross-border remittance
It’s the first Philippine bank to successfully remit to Singapore.
NIBC deploys Torstone’s Inferno for post-trade operations
The implementation of the project began in January 2019.
Atom Bank raises £50m
Neil Woodford’s fund has announced its first major investment since the shuttering of its flagship vehicle last month.
Dos and don’ts of sanction screening
Regulators seek to send a strong message to financials if they drop the ball on sanctions screening.
TSB launches selfie account opening
The bank partnered with Jumio to develop the account opening technology.
The financial services talent war is fierce: here’s how to draft in the millennials
People at all levels should be given the opportunity and tools to understand themselves at their best.
Borgun adopts TruNarrative MLM platform
The solution will reduce onboarding time for new clients.
PayMate raises series D to accelerate growth
The Indian B2B paytech raises money for domestic and international growth.
Aditya Birla Group closes its banking business
The decision comes after only two years of its live operations.
soCash raises $6m in Series B
The round was led by Glory Ltd, SC Ventures and Vertex Ventures to expand their footprint.
RHB targets card fraud with automatically refreshed CVV codes
New codes are displayed on mini-screens on the back of the cards.
MLP chooses Aixigo’s risk engine
The aim is to supplement personal advice with digital support.
Floatbot creates chatbot for Andhra Bank
The start-up hopes to set an AI trend for Indian banks.
The Win 10 Rush: How financial institutions can beat the clock to upgrade their PCs
Kevin Flaherty, CEO at BLM Tech reveals the key to carrying off large-scale IT projects.
Focus on what’s important – and leave the rest to us
Smartstream’s platform takes the operational & regulatory responsibility of payments off your back.
Kaleyra and Epiphany join forces on open banking
It enables the two to jointly support banks with PSD2 compliance.
Urban FT acquires CFC Technology Group
The pairing aims to tilt the playing field for community-based institutions.
Waddle and RBS pilot partnership
RBS is one of the first banks to offer an automated working capital solution to its customers.
Uber-izing banks
The secret is not just about being frictionless and digital.
Top fintech stories this week – 19 July 2019
PayTech Awards winners announced!
How banks can take a new look at SMEs
Brand new, designed from the ground up platforms will enable the creation of trust by unlocking the door to data.
Mambu signs first Brazilian client Acesso
Acesso issues prepaid cards for the underbanked.
Philippines Union Bank chooses Refinitiv for electronic trading
Digital FX for the growing economy.
FNZ acquires wealth management software firm JHC
The combined group will take JHC’s solutions into new territories.
Temenos acquires AI firm Logical Glue
It claims to bring transparency and explainability of AI automated decisions to the banking industry.
Ebury joins forces with Unicaja Banco
Partnership offers global transaction services to the bank’s SME customers.
N26 extends Series D funding to $470m
The company is now valued at $3.5bn
Blackfish, wishful thinking and self-fulfilling prophecies
If you don’t want your organisation to be plagued by self-fulfilling prophecies, don’t create them.
