Peoples Bank taps Corserv to launch credit card programme
With Corserv, Peoples Bank will be able to offer 14 different credit card products to its business and retail customers.
Banking
FinTech Futures: Top five stories of the week – 18 August 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
TrueLayer appoints former PayPal director Michael Brown as head of e-commerce
Brown joins the open banking payments network from PayPal, where he was director of UK enterprise sales.
Points West Community Bank taps Apiture for digital banking upgrade
The bank says it wanted to enhance its digital banking solutions following more customers wanting to go digital.
Indian neobank Zolve expands into expat-friendly mobile services with telecom-as-a-service platform Gigs
Zolve’s telecom-financial offering is tailored for expats pursuing educational or professional opportunities in the US.
FinTech Futures Jobs: London dominates the European start-up ecosystem
Explore thousands of open roles on the FinTech Futures Job Board today.
Innovation at the intersection of money, AI, identity and blockchain
AI is proving to be an existential threat to identity. So how is the world responding?
Okan Ozaltin appointed as chief product officer of 10x Banking
Ozaltin brings more than 20 years of fintech experience to 10x, having worked at Signifyd, Fiserv and JP Morgan Chase.
Video: What’s hot and what’s not in fintech
We ask three seasoned fintech investors what’s hot and what’s not in the fintech sector this year.
What the FinTech? | S.4 Episode 13 | AI simulation training in financial services
In this episode of the podcast, we’re joined by Casey Denby, VP of Sales at US tech firm Zenarate.
Cebuana Lhuillier Bank taps Temenos for core banking platform
Temenos has tasked its delivery partner, Orion Innovation, with implementing the new core.
Crayons
If you choose to learn new things, do it properly. Start simple, build up and take your time.
Monzo tops CMA banking satisfaction survey once again
The independent survey was carried out by Ipsos and BVA BDRC between July 2022 and June 2023.
Tasi Bank taps Green Check to cultivate its cannabis banking capabilities
The partnership enables the “maverick” community bank to expand its cannabis clientele across California.
Want to be great at digital transformation? Play Tetris
Tetris can teach business leaders a lot of transferrable skills when it comes to digital transformation.
The Savings Bank Group of Finland taps Tietoevry to replace lending platform
The Savings Bank Group says the new lending platform will enhance its digital offerings and operational efficiency.
New digital bank for the US military Roger launches
Roger was built in partnership with banking technology solutions provider Nymbus.
Discover Financial Services’ CEO and president Roger Hochschild steps down
Hochschild will serve in an advisory role at the company until the end of the year to ensure a smooth transition.
DBS completes acquisition of Citi’s consumer banking business in Taiwan
DBS has also absorbed close to 3,000 employees from Citi Consumer Taiwan.
Starling Bank plans to take its BaaS platform Engine to APAC
CNBC reports that the challenger is in talks to deploy Engine with an undisclosed Asian bank.
More than 25 US credit unions and community banks tap Eltropy for AI Chat offering
ACFCU and First Credit Union are among the company’s to deploy Eltropy’s AI tech.
FCA asks UK banks to hand over data on bank account closures
The UK’s largest banks and building societies have until 25 August to supply the information.
Bank of England forms CBDC Academic Advisory Group for proposed digital pound
The formation of the AGG will ensure that the digital pound can be “accelerated” if given the green light.
Nationwide Building Society transfers financial planning service to Aegon UK
The transfer is set to take place in early 2024.
ANZ invests in mule account detection solution to help fight fraud
ANZ says it conducted a successful pilot in April, identifying nearly 1,400 high-risk accounts.
Nutmeg and Chase UK CEO Sanjiv Somani resigns
According to a Companies House filing, Somani has resigned as head of Nutmeg and JP Morgan Europe.
FinTech Futures: Top five stories of the week – 11 August 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FinTech Futures Jobs: These four things are what employees want this year
Explore thousands of open roles on the FinTech Futures Job Board today.
Torpago confirms two new senior hires following “significant growth”
James Yacobucci has been appointed to head of bank partnerships and Noah Martin to head of capital markets.
Digital dementia: have banks forgotten about their customers?
In the race to optimise cost and efficiency through technology, let’s not forget to ensure a human touch remains.
Specialist lender Shawbrook reportedly mulling Co-operative Bank merger
Sky News reports Shawbrook has approached the Co-operative Bank’s owners about a potential deal.
Italy’s government to tax banks on profits from interest rate rises
The Italian parliament has 60 days to bring the proposed tax into law.
Les absents ont toujours tort
You can’t win a game you’re not in. So turn up. Because the absent are always wrong.
Banque de France, ERAFP, Generali Group tap Iceberg Data Lab for ESG data solutions
The clients will be able to access Iceberg Data Lab’s ESG dataset available via its impact calculation platform.
TransferGo hit with €310,000 fine from Bank of Lithuania for AML failings
UAB TransferGo Lithuania has already submitted a plan to the central bank to remedy the deficiencies.
Garanti BBVA Financial Technologies launches new venture for digital assets
The launch is Garanti BBVA Financial Technologies’ first foray into digital assets.
Webinar | 28 September 2023: Revolutionising SME financing – how Banca AideXa uses AI decisioning platform & open banking
Learn what tools and tech enable Banca AideXa to provide quick and efficient loans to SMEs.
MAS pledges up to $112m towards tech and innovation in financial sector
The funding comes as part of a renewal of the Financial Sector Technology and Innovation Scheme (FSTI 3.0).
State of play: 2023 so far
What’s the current state of play for the financial services sector and what can we expect for the remainder of 2023?
Revolut halts crypto services in the US citing “evolving regulatory environment”
From 3 October, access to crypto through Revolut will be fully disabled for US customers.
