Video: NatWest at Sibos 2023 – Building standards into green finance
We chat with Caroline Haas of NatWest about the key actions banks can take when it comes to achieving net-zero.
Banking
UK’s ClearBank plots international expansion with four new board appointments
The group claims that the appointments will afford it “the governance necessary for success on an international basis”.
Video: BNP Paribas at Sibos 2023 – The global shift to T+1 settlement
At Sibos 2023, we spoke with Camille Papillard of BNP Paribas about whether T+1 will be a good fit for everyone.
Aeropay teams up with UBank for in-game payments innovation
The partnership seeks to solve the “intricate payment challenges” at play within the current gaming ecosystem.
Affinity Federal Credit Union expands cannabis banking programme with Green Check
Affinity launched its cannabis banking programme earlier this year to provide CRBs with financial services.
Video: Anaconda at FinovateFall 2023 – Python in Excel
We chat with Albert Gashi and Timothy Hewitt of Anaconda about the firm’s partnership with Microsoft.
Digital transformations: give yourself permission to start again
If your digital transformation is failing, sometimes you just have to hit the reset button.
Stitch raises $25m in Ribbit Capital-led Series A extension
PayPal Ventures, CRE Venture Capital and The Raba Partnership also participated.
Finalists announced for Banking Tech Awards 2023
Take a look at the 2023 Banking Tech Awards finalists!
Webinar | 1 November 2023: Nine strategies for successful digital account opening
Convert new customers into lifetime members with the help of these nine strategies.
Nine questions banks should ask a potential core technology partner
Useful tips on finding a partner that provides a balance of exceptional tech and service.
Lloyds Bank taps digital identity firm Yoti for “reusable” digital identity app
The launch comes seven months after Lloyds Banking Group made a £10 million investment in Yoti.
Project Mariana successfully completes cross-border settlement of wholesale CBDCs
The project was completed between BIS, Banque de France, MAS and the Swiss National Bank.
GenAI: friend or foe in fraud risk management?
While tech advancements are made with the best intentions to improve our lives, criminals can also use it to their own benefit.
Mexican neobank Albo raises $40m in Series C funding round
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
Video: Axefinance at Sibos 2023 – automating the credit lifecycle
At Sibos 2023, we caught up with Axefinance CEO Dhafer Berrachid and CCO Chris Kneen.
AlphaSense lands $150m Series E funding at $2.5bn valuation
The latest fundraise comes months after AlphaSense secured $100m in Series D funding led by Alphabet’s CapitalG.
ICYMI fintech funding round-up: Mundi, Revio, Pontoro and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
FinTech Futures: Top five stories of the week – 29 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Codebase partners Network International to launch BaaS solution in the Levant
The partnership intends to accelerate the pace of digital banking transformation throughout the Levant region.
Transforming the user experience: the dawn of dynamic knowledge rendering in financial services
With GenAI in financial services, we’re not just on the cusp of significant change – we’re in the midst of it.
UK mortgage lender Perenna raises $52m on the back of its unrestricted banking licence
The equity investment comes from IAG Silverstripe and the lender’s existing backers.
PortX raises $16.5m in Series B funding round
The investment follows one year after PortX raised $10 million in its Series A funding round.
US Treasury Department enlists JP Morgan for account validation services
The department claims to have suffered $247 billion in financial losses last year due to “improper payments”.
Atom Bank taps climate tech firm Kamma to evaluate mortgage book emissions
Kamma’s tech will provide a “deep review” of the climate impact of Atom’s mortgage and lending activities.
GoTyme Bank taps Nice Actimize to fight financial crime
The bank aims to leverage Nice Actimize’s AI and analytics solutions in order to prevent financial crime and fraud.
Yes Bank appoints Pankaj Sharma as chief strategy and transformation officer
Prashant Kumar, managing director and CEO of Yes Bank, says Sharma’s appointment comes “at an important juncture”.
Small acts of resistance (aka the walk on Sibos)
At Sibos 2023, we went for a walk.
PayTech Awards USA 2023 winners announced
Celebrating exceptional achievements and talent in the US payments industry.
XYB resolves bank-building barriers with GenAI through Google Cloud partnership
XYB was launched by London-based banking services provider Monese back in May.
Standard Chartered strikes corporate multibank connectivity through Starfish Digital partnership
The bank’s new service seeks to benefit its corporate clients’ inter-bank connectivity and cash management processes.
Switch2Zero appoints Galileo CEO Derek White as chairman
White is currently serving as CEO at Galileo Financial Technologies, a US-based payments and banking platform.
Raisin appoints former UBS chair Axel Weber as advisor and board member
Raisin claims to have experienced a “steep growth curve” amid interest rate hikes and a “savings rush”.
US Bank seeks AI specialist in call for automation and process transformation leader
The bank says a “significant component” of the role will be to “leverage new technologies in the AI arena”.
Digital euro still two years away as ECB president Christine Lagarde takes on conspiracy theorists
Lagarde has vowed to “address all the conspiracy theory that abounds” about the potential digital euro.
Bahrain’s Bank ABC taps JP Morgan for blockchain-based cross-border payment service
The launch arrives in tandem with the bank’s documentary trade suite, ABC Trade.
Santander reorganises structure to streamline operations
The bank has merged its retail and commercial businesses and created a new digital consumer banking business.
Why fintechs can’t afford to swipe left on ESG
Fintech companies are uniquely positioned to lead the way in integrating ESG.
Fujitsu launches joint trials with Hokuhoku Financial Group to explore generative AI use cases
The trials are being held with two subsidiaries of Hokuhoku Financial Group – Hokuriku Bank and Hokkaido Bank.
What we don’t dare talk about
The financial services industry and society in general needs to do more to support women going through the menopause.
