Pay.UK eases access to payment schemes for PSPs
With the introduction of the second phase of a new access model.
Banking
White paper: Beyond Banking – what traditional banks and neobanks can learn from each other
What traditional players and challengers can teach each other, and how to beat bigtechs in the digital banking race.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
The subtle art of holding yourself accountable vol 2: running away with the circus
Temptation to depart from all that holds you hostage, that mutes your melodies and dulls your colours.
Temenos gains new business from Akcelerant-derived user base
Maps Credit Union, Hudson Heritage Federal Credit Union and Guardian Credit Union.
Curve announces plans for global expansion
LinkedIn’s former talent hunter will head international recruitment.
SimplyBiz Group agrees to acquire Defaqto
Defaqto’s management and strategic direction will be unaffected.
New voice-powered Finley AI offers financial and pension advice
The creator claims that Finley AI is a world-first innovation.
Interview: Anthony Thomson, 86 400 – roaming numerals
What makes 86 400 different from its rivals, and why the big four Down Under got what they deserved.
CreditLadder and Nationwide team up to help renters buy a home
They say it’s the first relationship of its kind in the UK.
Incumbent financial institutions harness the power of the entrepreneurial mindset
Introducing Extrapreneurship, a new programme helping employees of large FIs to adopt the entrepreneurship mindset.
NatWest partners with Tieto to launch virtual account platform for business
Companies will be able to digitally self-serve their clients’ accounts.
2gether expands its prepaid crypto card into Europe
Consumers will be able to spend crypto as easily as euros.
StanChart’s new platform connects start-ups and investors
SC Ventures Fintech Bridge will serve as a nexus for industry players linked to the bank.
Urban FT Group brings community banks to the mobile era
To compete with the top tier banks’ services and tools for customers.
IBM debuts blockchain network for cross-border payments
Blockchain World Wire can transfer funds in 47 currencies to locations in 72 countries.
Open banking: progressing to the summit
Banks and disruptors alike are still trekking through the foothills of open banking.
Video: fintech news weekly round-up – 18 March 2019
More open banking news, fintechs in LatAm, an a MasterCard acquisition.
Nets to support Sbanken’s open banking across Nordics and Europe
“Banking as we know it will change radically.”
Sweden’s SEB chooses DTCC’s Global Trade Depository to meet SFTR obligations
DTCC has added data transformation services to its SFTR offering.
FIS acquires Worldpay for $34bn
The resulting merger will have an enterprise value of approximately $43bn.
White paper: Artificial intelligence for executives
Learn how to integrate AI into your organisation with this SAS white paper
AI platform Talent Ticker launches in the UK market
Unifying data across sectors to help firms make decisions more efficiently.
CC&L chooses SimCorp to deliver integrated client communications
One of Canada’s largest firms in the sector, Connor, Clark and Lunn Financial Group manages over $55 billion in assets.
First Direct invites customers to co-create new products
The launch of fdesign follows the introduction of peer-to-peer payments system fdpay in January.
Customer service platform Glia gets $20m funding
A Series B funding round led by Insight Venture Partners
Top fintech stories this week – 15 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
South Africa’s Standard Bank to axe 1,200 jobs
It will also close 91 branches in the name of digitalisation.
Spanish stock market operator BME tests blockchain for collateral pledge
BME and Renta 4 Banco have carried out their first digitisation.
BNP Paribas Fortis dreams up Didid app for savings
The app is virtually linked to users’ current and savings accounts.
TickSmith powers CanDeal’s DataVault Innovations
The company will use the Data Pooling Platform to launch its Data-as-a-Service (DaaS) offering.
StanChart to set up digital SME platform in India
Will offers business loans, invoice/supply chain financing, and commercial insurance.
Bulgaria’s Municipal Bank gets core and payments tech from Oracle
EXCLUSIVE. It is understood new tech will replace CSoft’s VCSBank.
Same old banking and bananas
Good UX is like a joke. If you have to explain it, it ain’t that good.
Navy Federal Credit Union sails on Broadridge’s SaaS platform
It’s the first credit union to go live on MBS Expert.
US Fed bars ex-Goldman Sachs staff over 1MDB misuse
Two former employees are prohibited from the banking industry.
San Juan Mercantile Exchange partners up for digital assets solution launch
CQG, Elysium and Mercury Digital Assets will power exchange and banking tech.
UK pressures tech titans to face competition
The nation’s rules must be updated for the digital age.
Open Banking one year on
Information Builders looks at how the initiative opened up new opportunities with data.
First Data to acquire Brazilian paytech Software Express
The two companies expect to process more than 15 billion transactions this year.
