Hong Kong regulator mulls academy of finance
The financial secretary in the 2018-19 budget tasked the HKMA to look at this.
Banking
CaixaBank and Visa take it up a watch with Garmin Pay
Watch out fintech folks, Spain gets a wearable look.
Banking systems go down at South Africa’s Standard Bank
Bank reported problems with its self-service channels.
Fintech funding round-up: 28 February 2018
Features Babb, Payslip and a global reminder.
Digital transformation: is NatWest leading the way or going a step too far?
A bold new move that could shake up the banking industry.
ANZ seeks innovation throne with Data Republic
Bank takes an equity stake in local start-up to boost its data innovation ambitions.
Oman’s Bank Muscat refreshes on TCS Bancs core system
System will be used for its fund and investment operations.
Airfox targets Brazil’s unbanked with Android app launch
Start-up’s platform is built on blockchain and it plans to offer microloans.
Virgin Money’s digital bank edges to beta testing
Beta testing expected in the second half of this year.
UK regulator turns cash saver with new credit card rules
FCA says new rules will save consumers between £310m and £1.3bn a year in lower interest charges.
NatWest unleashes four fintech accelerators
UK hub hullabaloo in Bristol, Edinburgh, London and Manchester.
Kawartha Credit Union picks Fiserv’s DNA for revamp
Ontario-based organisation has opted to replace its Acumen core processing platform.
TD Bank outage outrages US customers
It wasn’t a good week (or even longer) for US customers.
Robot Anna the answer at Sberbank’s client contact centre
Anna’s a gleaner for banking queries in Russia.
India’s central bank issues Swift ultimatum for core banking
With a deadline of 30 April 2018.
The Future of European Fintech Alliance calls for API banking order
Alliance wants to ensure bank APIs under PSD2 have the necessary functionalities and performance.
Customer experience at the centre of innovation agenda
Innovating is the only way to stay ahead in today’s dynamic marketplace.
POPin’s clever notion for video banking emotion
New app added to its interactive mobile solution to work out emotional state of customers.
BB&T banking systems go down
North Carolina-based organisation’s ATMs and digital operations affected.
Challenger bank Monzo in head of compliance search
Monzo: “We’re looking for a pragmatic, collaborative and experienced head of compliance.”
BNP Paribas fires up new investment fund for start-ups
More help is on the way for the young guns of fintech and insurtech.
OCBC Bank first in Singapore to launch voice-powered banking
“Hey Siri, what’s my balance?”
BIAN plans API hours with new guidelines
Banking Industry Architecture Network publishes updated version of its standardised global IT architecture model.
CBA and ING complete regtech pilot fling
To simplify information processing and regulation implementation using MiFID II as test case.
NatWest in AI driven “digital human” test
In advanced testing stage of a new AI prototype called Cora.
UK politicians to investigate digital currencies and blockchain
Treasury Committee launches new inquiry to work out the opportunities and risks.
Deutsche Bank to axe 500 investment banking jobs
Also looking to cut costs and may relocate its client business out of UK in response to Brexit.
It’s all Appian for Santander’s speedy BPM plans
US-based provider of low-code applications helps out with business process management.
Instarem teams with Ripple for Southeast Asia payouts
Instarem to offer payouts for Ripple’s enterprise blockchain network members.
Surviving the digital era by accident: banks and gen X bankers
The digital era is here and, with it, a generation that champions creative forces and conversational integrity.
First Direct yearns to be markteplace king with artha pilot
Artha pilot using technology from UK-based web and mobile app Bud.
Lloyds preps for PSD2 with £3bn digital investment
Three-year strategy to bolster its digital capabilities – job cuts are included.
Fintech funding round-up: 21 February 2018
Stars Anyfin, CivilisedBank, Greenlight Financial Technology, Even Financial and Wealthsimple.
Neobank Xinja readies for launch with Australian credit licence
Plans for its mobile-only bank in Australia are edging forward.
Degussa Bank finds its Germanic match with API start-up Giromatch
Team up to launch pilot project offering virtual Visa credit card for shopping with Amazon Business.
Temenos buys trading platform provider Fidessa for £1.4bn
Deal now confirmed from yesterday’s (20 February) report.
Big guns team up for Marco Polo blockchain trade finance initiative
BNP, Commerzbank and ING joined by Standard Chartered, DNB, and OP Financial Group.
Case study: Technology innovation the main driving force for customer satisfaction
Innovation – the driving force for customer satisfaction. Case study on how to get there.
Sound practices: fintech implications for banks and supervisors
The BCBS research paper identifies ten key implications and related considerations for the industry.
Soldo and Starling pair up for business banking
Business banking better than before.
