Focus Solutions releases financial advice software for FIs
“More than gamified fact-finding.”
Banking
TransferWise teams with Dutch digital bank bunq
International money transfer specialist has a new partner in Dutch challenger bank bunq.
UniCredit to launch new customer engagement tool from Meniga
Prototype has now been built and will go live in two months in Serbia.
DTCC starts testing phase of blockchain platform
Project includes 15 of the world’s largest banks.
HSBC Bank USA hit by data breach
Data stolen includes full names, account numbers and transaction history.
Openbank picks AxiomSL for regtech reporting
Includes central bank, trade and transaction reporting.
Emirates NBD debuts API sandbox
Says it’s the first bank in the UAE to introduce such a platform.
Crypto bank Nebeus raises £1m funding
Plans for expansion into Europe, Asia and South America are underway.
Fidor splitting from France’s BPCE
Allegedly due to lots of business clashes and drama.
SPD Bank and Temenos unveil innovation lab
Partnership will enable Shanghai Pudong Development Bank to use APIs.
Lloyds axing 6,000 jobs and creating 8,000 new ones
On the back of its digital revamp strategy.
Webinar: Customer-centric transformation in digital account opening
Join us on 27 November for a live webinar with OneSpan!
RBS tests its SME digital entity Mettle
New standalone entity is looking for early access applications.
London-based bank Dozens about to launch
Previously called Project Imagine.
Fintech Meniga gains new investor, Islandsbanki
Meniga has received a €3 million investment from Islandsbanki.
Absa Group and MTN enable POS mobile wallet payments
The service has only launched in Ghana, so far.
N26 and Rasa to launch extra languages and features for its chatbot
N26’s chatbot is already live in English in both Facebook and Salesforce.
Experian launches Experian Credit 3D for insightful credit scoring
Offering a long-term view of a customer’s finances.
Ahli United Bank signs up for retail payments with AFS
Utilising Android as PoS.
Mobile banking case study: Alfa Bank Belarus
How Alfa Bank Belarus tripled the number of retail banking customers by embracing mobile.
NAB to migrate 35% of IT portfolio to cloud
As well as shutting down 15-20% of its IT applications.
Natixis signs up with Fenergo for client management
Fenergo CLM will be rolled out across Natixis’ Corporate and Investment Banking division globally.
Top fintech stories this week – 2 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
European Banking Federation calls for reporting regulation review
Current regulation makes reporting inefficient and discourages communication, EBF says.
Vizolution evolves with £10m funding from three major banks
Santander, Royal Bank of Scotland, and HSBC supporting the Wales-based tech supplier.
White paper: The ROI of Omni-channel Digital Banking
How to calculate the ROI in digital channels the right way.
ICICI Bank integrates banking and accounting with Open
Targeting India’s micro, small and medium enterprise sector.
What we mean when we talk about legacy: mindset, architecture, data and Dave
We lament “legacy”, we talk about it, we blame it. But we rarely define it because we have no intention of tackling it.
POPin Video Banking Collaboration unveils new brand and clients
“The industry’s first interactive mobile video banking solution” is now known as POPio Mobile Video Cloud.
Ping An rallies seven Hong Kong banks for blockchain trade finance platform
eTradeConnect is delivered by Ping An’s subsidiary OneConnect.
Bank Zero launches trial in South Africa
Bank Zero is mobile-driven, 45% black-owned an 20% women-owned.
Lloyds customers leverages Open Banking for iwoca loans
Integrations with Barclays, HSBC, RBS, Santander and others are imminent, iwoca says.
Core banking tech developer Riby secures funding from Microtraction
Riby has developed a cloud-based core banking system for African co-ops and credit unions.
ABN Amro gets payment innovation infrastructure with ACI Worldwide
The bank hopes to achieve cost savings by migrating to a more cost-efficient IT platform.
First Bank takes it to WhatsApp with Clickatell
Customers will be able to bank through the chat app.
Mechanics Bank outsources core banking tech to COCC
COCC’s hosted core processing platform – Insight – is based on Fiserv’s DNA offering.
UK challenger bank MoneeMint secures funding
Aspires to be the UK and Europe’s first completely digital ethical bank.
Monzo closes £85m round as it plans more crowfunding
In its quest for a £1.5bn valuation.
Biz2Credit tech to provide online business loans to Popular Bank
Over half of business loans are processed online.
Sibos 2018 video: Thomas Nielsen, Deutsche Bank
Open Banking benefits for corporate clients, PSD2 and future trends in finance industry.
