Industrial Bank goes live on Avaloq core banking system
Will be used for its Hong Kong branch’s private banking business.
Banking
Open banking platform Deposit Solutions gets $100m funding
Round led by private equity firm Vitruvian Partners.
Cardlytics hooks Wells Fargo as partner
Bank will launch Cardlytics Direct nationally and across all digital channels.
Planning like a banker: do not try this at home
The most heartbreaking thing is our institutional inability to learn from what we learn.
FCA and CMA demand transparency in banking service quality
Asking banks to publish customer ratings.
Diebold Nixdorf looks for buyers
ATM services firm hires Credit Suisse and Evercore to help with potential sale.
Temenos and Luxhub’s API team get first client Fortuna Banque
Luxembourg-based cooperative bank looks at open banking.
Intapp acquires DealCloud for CRM quest
Intapp also targeting capital markets sector.
Central 1 gives a voice to banking with Alexa
Canada’s first banks to add voice controls.
CSI helps banks open up to APIs
Computer Services Inc’s new product embraces open banking.
Seasons FCU warms to Bankjoy’s digital banking
Connecticut credit union falls for mobile and digital banking tech.
India’s Cosmos Bank stars in $13.5m hacking drama
Malware attack on its Swift and debit card payment systems.
Bitt the builder for Curaçao and Sint Maarten’s digital guilder
Caribbean central bank turns to fintech portfolio firm.
Australian neobank Xinja selects SAP Cloud for Banking
Challenger is edging closer to restricted banking licence.
Holvi takes Uber drivers to financial heights
Two have joined forces to help Uber’s drivers manage their finances.
Moneyhub expands platform with payment initiation services
UK firm secures PISP authorisation from Financial Conduct Authority.
Konsentus gets PSD2 with new open banking sandbox
Regtech wants to help FIs get compliant.
FBI sounds alarm over ATM cash-out attack
It’s warning banks that cybercriminals are preparing a global fraud scheme.
Morocco’s Attijariwafa Bank chooses Path Solutions’ core system
Bank Assafa (subsidiary of Attijariwafa Bank Group) is Path’s third client in the country.
State Bank of Mauritius gets Miles ahead for wealthtech
Bank will use MoneyWare platform. Not listen to a Miles Davis album.
Temenos teams with AUC Venture Lab in Egypt
Vendor promoting its core banking system to start-ups.
Nigerian digital credit platform Mines secures $13m funding
Looking for growth in Africa and new staff.
FinTech for Good Award: honouring organisations for outstanding social impact
Enter Banking Technology Awards by 31 August!
BHCI in core banking overhaul with ERI’s Olympic
Banque de l’Habitat de Côte d’Ivoire says adieu to CapitalBanker.
Postbank Kenya unveils mobile banking service M-chama
Targeting small savings groups.
World Bank turns to CBA for world’s first blockchain bond
Using DLT to end extreme poverty.
Q2 to acquire Cloud Lending Solutions
Digital banking solutions provider loves the lending look.
Dynamics’ battery-powered cards hit Japan
Move comes via a partnership with GMO Aozora Net Bank in Tokyo.
Top fintech stories this week – 10 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Are banks and bank branch offices headed to the toilet?
Are we seeing banks running out of fresh ideas for how they interact with their customers?
Sberbank spares $400k for six start-ups
First wave of Sber#Up in-house accelerator ends.
US challenger Grasshopper Bank hops into view
Selects core banking software – Temenos’ T24.
US Bank to sell card processor Elan
EXCLUSIVE. Finastra, FIS and Fiserv believed to be in final bid.
Digital champion Compeon unleashes SME loans in Germany
Digitaler Mittelstandskredit ist hier!
Varo Money selects Temenos for core banking
EXCLUSIVE. T24 is starting to break into the US.
Four de novo banks coming to Carolinas
Three US start-up banks are being launched in North Carolina, with one also powering up in South Carolina.
Webinar: IT incident response in financial services
Access the on-demand webinar.
White paper: PSD2 – opportunities beyond compliance
White paper by Fiorano.
Paytech ClickSwitch gets $3.5m funding
US-based automated account switching solution is switched on.
Mobile money maestro Eversend launches in Africa
New firm enters alpha testing phase.
