First National Bank of Oklahoma selects Teslar to streamline lending processes
The bank will utilise Teslar’s tech to automate its commercial, consumer and agricultural lending workflows.
Banking
Memo to self
Having choices is of no value whatsoever unless you make choices.
Kenya’s Fingo partners with Ecobank to launch neobanking app
The app aims to boost financial inclusion for young people in Kenya.
Germany’s Unstoppable Finance to build Europe’s first DeFi bank
The fintech firm also plans to issue a fiat-backed euro stablecoin.
Swissquote taps NetGuardians for fraud prevention tech
The bank will utilise NetGuardians’ financial crime solutions to tackle growing issues such as APP fraud.
The future of work is a story of data and empathy
The future is not about using technology to displace humans, but leveraging technology to be more human.
UBS announces leadership team shake-up following Credit Suisse takeover
Credit Suisse CEO Ulrich Körner will join UBS’s executive board upon completion of the acquisition.
FinTech & InsurTech Digital Congress: The Great Market Purge – how to survive and stay on top
FinTech & InsurTech Digital Congress will be held on 17-18 May 2023 in Warsaw, Poland.
Innovation through BaaS and embedded finance
FinTech Futures speaks with Temenos’ Kanika Hope about the impact of BaaS on financial services.
LSEG and Barclays team up in multi-year data and digital push
LSEG will proffer access to its data and insights, as well as support Barclays’ digitalisation journey.
Online banking start-up Slash launches from stealth with $19m in funding
Slash claims over 20,000 entrepreneurs have signed up to its platform.
Open banking: why the time is now for UK banks to act
Banks should direct their attention towards legacy systems to optimise the return on their fintech investments.
TD Bank nixes First Horizon merger citing regulatory approval delays
The merger has been mutually terminated and TD Bank has agreed to fork out $200m in cash to First Horizon.
FinTech Futures: Top five stories of the week – 5 May 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Konsentus taps Jim Wadsworth to lead international open banking expansion
Konsentus hopes to leverage Wadsworth’s international connections to realise its next stage of growth.
Banking super-apps, marketplaces, ecosystems and platforms
You should always have a clear understanding of exactly what you’re building before you get started.
Loughborough Building Society taps Finastra for digital banking and analytics solutions
The company will deploy Finastra’s Essence and Retail Analytics offerings.
LHV lands UK banking licence from the Prudential Regulation Authority
LHV is the first company to receive a banking licence without restrictions in the UK in 2023.
HPS CEO Abdeslam Alaoui Smaili on innovation in the payments industry
FinTech Futures chats with HPS CEO Abdeslam Alaoui Smaili at WeMeeting 2023 in Marrakesh, Morocco.
Banking on SMBs: How Rauva aims to bridge the business app gap in Portugal
FinTech Futures speaks with Rauva founder Jon Fath about the company’s launch and future plans.
Egypt’s Taly taps BPC to power digital payment services
Taly aims to broaden financial inclusion and boost digitalisation in the country.
First Citizens Bank of Iowa and Minnesota moves to the cloud with Finastra
Finastra will migrate the bank’s Fusion Phoenix core solution from on-site hosting to the cloud.
How long is a week?
A week is exactly as long as your own goodwill towards your colleagues and theirs back to you.
Sharia-compliant challenger Nomo taps Paymentology for digital payments platform
Paymentology’s technology has allowed the bank to offer cross-border transaction services “without high fees”.
Deutsche Bank acquires Numis in £410m deal to build out UK investment banking arm
Deutsche Bank plans to fold its UK and Ireland corporate finance business into Numis.
Tarabut Gateway lands $32m in Series A funding
With the new funding, the Dubai-based firm plans to expand its footprint in Saudi Arabia.
Morgan Stanley reportedly set to cut 3,000 jobs by end of Q2
A dearth of deal making is to blame, Bloomberg reports, with a 32% decline in the bank’s merger advisory arm.
JP Morgan Chase snaps up troubled First Republic from FDIC in $10.6bn deal
JP Morgan has assumed all deposits – insured and uninsured – worth approximately $92 billion from the FDIC.
HSBC triples quarterly profits following SVB UK acquisition and interest rate hikes
The bank also intends to begin a new share buyback of up to $2 billion.
Fintech Lanistar names Ed Blankson as chief financial officer
Blankson, who spent several years at Tide, brings “a wealth of experience” to the role, Lanistar says.
TAS acquires fellow Italian software provider Mitobit
The acquisition is the fourth for TAS Group since July 2022.
Banking Technology Magazine May 2023 issue out now
Cover story: EVERYTHING, EVERYWHERE… but is all at once the answer?
FinTech Futures: Top five stories of the week – 28 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Demystify Podcast: Demystifying embedded banking with Paul Staples
Demystifying the approaches various banks, such as Standard Chartered, JP Morgan Chase & HSBC, are taking to BasS.
FinTech Futures Jobs: How to approach a data engineering interview differently
Explore thousands of open roles on the FinTech Futures Job Board today.
ICYMI fintech funding round-up: m3ter, Niro, Tembo and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
LatAm open finance platform Belvo acquires Brazilian paytech Skilopay
The deal will see Belvo become “the most complete” account-to-account (A2A) payments provider in Brazil.
The dinosaur café – the impact of a toxic culture on digital transformation
A toxic culture can have a long (dinosaur) tail of hidden costs for any transformation.
Curate and compile: the future of AI-driven fintech experiences
A new generation of generative fintechs is coming, and finally, the banking sector will be truly transformed.
UK regtech GSS names Ruth Fletcher as joint COO and CFO
Fletcher previously served in a similar capacity as COO/CFO at international money transfer firm CurrencyFair.
