MUFG rolls out MIT’s TRAC collateral management system
Will support bank’s commodity trade finance team in London.
Banking
Starling launches Nearby payments and insurance advice
Partnerships with Google and Anorak have made this possible.
Countingup on the up with £2.3m seed funding
UK-based challenger bank will develop its accounting features.
HKMA receives 29 applications for virtual licences
Only ten might meet all requirements.
HSBC preparing challenger bank on the side
A beta version of this new SME bank may come this year.
Sunrise Banks: the dawn of seamless payments experiences
Social enterprise banking, payments, and creating user experiences by using data.
Warren Buffett’s Berkshire Hathaway invests $300m in Paytm
Berkshire joins Ant Financial, SoftBank and Alibaba as investors.
Case study: Afghanistan International Bank – the road to hope
Afghanistan International Bank faces challenges far more extreme than for most of its counterparts around the globe.
Banking Technology September 2018 issue out now
Elements of fintech, pure in substance.
The perks of taking accounts receivable processes digital
Automated accounts receivable (A/R) management solutions create lasting business value.
Bank of America closing immigrants’ accounts
The bank is reportedly demanding an update in residence documents.
Australian challenger bank Tyro ties up with Alipay
Says it’s the first Australian bank to integrate with Chinese paytech titan.
Wirecard Brazil widens payments scope
Everyone wants to become more attractive in Brazil.
Fiserv flaw exposed customers’ banking data
The flaw (now fixed) reportedly affected hundreds of banks.
Bangkok Bank calls for banging fintech start-ups
Bank is egged on by Nest to drive Thailand’s ecosystem.
Cybercrime crew Cobalt goes phishing in Eastern Europe
Cyber researchers at Netscout put out a warning.
Finastra sittin’ on the dock of the Bahrain FinTech Bay
Vendor looks for fintech action in the Middle East.
Bank Simpanan Nasional to complete move to ICBS core system
Malaysian bank gets ready for phase two of major tech migration.
Top fintech stories this week – 31 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
The forgotten generation: driving digital adoption with older customers
Everyone – regardless of their age, would like a good user experience.
Mariner’s Bank keeps it simple with Digital Onboarding
US independent community bank turns to SaaS-y tech firm.
Starling targets underage demographic for accounts
Following Monese, Starling launches accounts for 16 and 17-year olds.
Standard Chartered applies for HK virtual licence for new bank
The upcoming digital bank also got a new CEO.
JP Morgan hires ex-Google exec for AI ambitions
The war for talent rages on.
AirTM gets $7m funding to fuel LatAm fintech
Where economic stability remains no longer.
Webinar: Reimagining banking’s role in a micro-enterprise economy
Join us for a live webinar on Wednesday, 26 September!
Due to popular demand: Banking Technology Awards entry deadline extended!
Submit your nominations by 7 September 2018.
Kony partners with Payveris on digital money movement
Includes P2P and A2A payments, bill pay, and fraud mitigation.
How come nobody gives me fish anymore? Going “all the way down” in digital banking
Bankers, use the skills you have to continue the journey and give customers something meaningful.
CULedger gets $8.5m to support blockchain for credit unions
Part of a $10m funding goal.
I&M Rwanda about to roll out Infosys Finacle 10
18 months in the works, moving away from Sopra Banking Software’s core banking tech.
Standard Chartered and Siemens to pilot blockchain-based smart guarantees
Collaborating with digital trade provider TradeIX.
Diebold Nixdorf receives $650m capital commitment
The loan is coming from two unidentified, institutional lenders.
Spanish central bank gets hacked by cybercriminals
When cyber and political criminals ally.
Xinja still tapping Iress for home loans
Australian challenger seeking that fully digital loan process.
Challenger QPay launches for students in UK and Australia
Canberra-based firm also plans to become a bank.
Australian challenger bank Archa takes a bow
Mobile-only financial platform plans to get banking licence.
Starling to power RBS and Natwest digital payments
Starling’s growth has attracted attention from big players.
Latvian entrepreneurs buy Colorado National Bank for $9m
Co-owners of payments firm to profit from a Chapter 11 bankruptcy.
Singapore Exchange and regulator seek cross-DLT settlement
Developing delivery versus payment (DvP) capabilities.
