Kudi raises $5m to expand bank agent network in Nigeria
Series A funding will support mission to serve underbanked people.
Banking
Open beta programme launches for Sila’s API platform
Aims to bridge gap between traditional banking systems and blockchain.
Watermark Bank makes a splash in Oklahoma
Built for entrepreneurs for entrepreneurs, Oklahoma’s first new bank since 2009.
Bento for Business partners with Visa
The Visa card replaces the company’s Mastercard prepaid card.
Deutsche Bank and Serrala launch API interface for SEPA payments
A step towards facilitating real-time treasury.
Top fintech stories this week – 5 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Crown Agents Bank bags Segovia’s payment gateway business
The bank provides payment services in frontier markets.
Chetwood launches new savings account SmartSave
It says it keeps the costs low through technology and by being outside London.
Three-way merger creates enlarged Bank of Baroda
The three banks are Bank of Baroda, Vijaya Bank, and Dena Bank.
PayTech Awards entry deadline extended!
Enter the PayTech Awards by Friday, 12 April.
Truevo targets fintech market with help from Temenos
Temenos will power digital end-to-end payments.
Case study: Information Builders and Millennium BCP
See how the largest private bank in Portugal, Millenium BCP enhanced decision-making capabilities
AIB picks Boxever to personalise customer experience
Three-year contract is part of AIB’s digital transformation project
Doomsday musings: banking on the verge of a nervous breakdown
The systems we laboured over will be grandfathered and stuff we don’t understand will become important. Accept it.
Three Finnish banks to move to shared core and payments tech from Temenos
Temenos’ regional partner Cognizant will implement and manage the new platform.
CMA clamps down on open banking implementation
Five of the nine banks are delaying implementing mobile functionalities.
Tinkoff builds most powerful supercomputer in financial sector
Offers much faster solution to machine learning and AI-related tasks.
Nationwide and Jaywing explore “explainable” AI driven application scoring
The building society was impressed by Jaywing’s transparent model.
Bene working up to be a challenger bank in Australia
The firm currently offers digital loans.
Commonwealth Bank & Trust upgrades tech with Jack Henry
With the aim to bring in more commercial customers.
Five ways AV tech helps banks transform internal operations and customer experience
AV tech is opening new doors for banks to improve brand loyalty, customer and employee engagement and more.
Zions modernises with D3’s digital banking tech
The bank aims to reduce complexities in the back office.
Fidor CEO leaves as BPCE sells bank
Matthias Kröener founded Fidor ten years ago.
Finleap acquires German challenger bank Penta
Penta will collaborate with Beesy to serve Italian freelance market.
First blockchain Thai-Myanmar money transfer service to launch
Designed to meet the needs of migrant workers.
Moxy picks Nymbus to power DC’s newest bank for 20 years
Tech-focused bank aimed at underserved communities.
Trade finance standardisation project backed by 14 giants
The project seeks technology use and standardisation for the wider distribution of trade finance assets.
Address the FinovateSpring audience by taking part in FinTech Futures supplement
Deliver a strong message to the fintech community!
Interview: Jean-Michel Hilsenkopf, Temenos – at the centre of banking transformation
Major themes in banking, building the industry’s future, and what is “Temenosity”.
Video: fintech news weekly round-up – 1 April 2019
Apple’s new credit card, New York goes fintech, and more!
NatWest trials new personal finance app Mimo
NatWest trials new personal finance app Mimo
ABN AMRO and Infosys partner for digital mortgage tech push
This includes Infosys’ acquisition of mortgage provider Stater.
The self-service puzzle: strategic touchpoint or point of utility?
Financial institutions have to take their ATM strategy to the next level, and re-examine their investment methodology.
KPIs to measure ROI of a digital bank
Digital influence can be tracked, measured, and would indicate on what the ROI is – positive or negative.
UAE’s digital bank Liv launches Kasisto’s AI chatbot
The conversational AI is called Olivia.
Klarna’s new platform connects fintechs and 4,300 banks
Single API is the gateway to 14 European markets.
Goldman Sachs fined £34.3m for misreporting transactions
FCA found the firm made 220.2m errors.
Top fintech stories this week – 29 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Unlocking a continent of opportunity: digital and mobile transforming Africa’s business landscape
A quiet financial revolution is gathering pace across Africa – stemming from the rise of smart mobile tech.
RCI Bank gains full UK banking licence
RCI Bank, a new savings bank based in the UK’s county of Hertfordshire, has obtained a full banking licence.
