Deutsche Bank reportedly makes contact with digital investment fintech Scalable Capital
A potential deal would align with the bank’s continued development of its wealth services over the past year.
Banking
Scotiabank shakes up senior leadership team with new appointments
Aris Bogdaneris joins from ING to oversee Scotiabank’s digital banking business Tangerine.
Temenos Country Model Banks set for European expansion with Orion licence agreement
Orion is an implementation partner of Temenos, deploying core and digital banking solutions for its clients.
FinTech Futures: Top five stories of the week – 1 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FinTech Futures Jobs: Women in tech have a three-year “experience gap” compared to men
According to the 2023 Women in Tech survey, women only account for around 26% of those working in IT.
iBanFirst appoints former SocGen strategist Julien Molez as COO
Molez previously served as head of data and AI strategy for Société Générale from 2019 to 2023.
LHV Bank taps Raisin UK to enter the personal savings market
The move comes as part of LHV Bank’s planned launch of a direct-to-consumer savings product next year.
Feedback from the front line of generative AI
It’s been intriguing to see the differences in thinking from companies when it comes to generative AI.
Banking Technology Magazine September 2023 issue out now
Cover story: WINDS OF CHANGE – Squaring the circle on climate change.
UK sees surge in open banking payments with new monthly high
Open banking payments increased 9.3% between June and July this year.
US Bank and subsidiary Elavon launch new POS solution for small businesses
The solution seeks to help small business owners avoid making a “large upfront investment”.
JP Morgan Chase increases stake in Brazilian digital bank C6 to 46%
The US bank first bought a stake in C6 in June 2021.
Nasdaq appoints former UBS executive Sarah Youngwood as CFO
Youngwood will take over from Ann Dennison, who has held the role since 2021.
Tourists
Technology will keep changing and will always require our attention. So don’t be a tourist with tech.
Digital banking – realising the opportunity
Aspire Systems’ Suresh Ranganathan talks about the company’s ambition to be at the forefront of digital banking transformation.
Providence FCU taps Mahalo Banking for digital banking upgrade
The upgrade will introduce new features including live chat and a personal finance management tool.
Goldman Sachs to wave goodbye to GreenSky as proposed sale enters final stages
Some offers for the Atlanta-based fintech are reportedly topping $800 million.
Rabobank appoints Alexander Zwart as chief innovation and technology officer
Alexander Zwart replaces Bart Leurs, who has served as chief innovation and technology officer since 2021.
Social media: a driving force in digital transformations
To stay relevant, businesses need to regard social media as an integral part of their digital strategy.
Maybank Investment Bank taps Broadridge for securities borrowing and lending offering
Broadridge claims the platform will provide better customer experience and cost management for the bank.
Goldman Sachs sells personal financial management business to Creative Planning
The move is part of the bank’s continued shift to focus on serving ultra-high-net-worth individuals.
What the FinTech? | S.4 Episode 14 | Financial vulnerability and the Consumer Duty
In this episode of the podcast, we’re joined by Helene Panzarino of the London Institute of Banking and Finance.
BMO Commercial Bank taps Extend to launch corporate spend management app
BMO is the first global Mastercard issuer to offer contactless virtual cards through Extend.
Trustly acquires French paytech SlimPay for a reported €70m
The acquisition is subject to regulatory approvals.
Video: How fintech is transforming the private equity and private credit markets
We ask Arbour Partners CEO James Newsome how fintech has impacted the private equity and private credit landscape.
India’s Yes Bank draws on Zaggle to launch credit cards with spend management capabilities
The Yes Bank Zaggle corporate credit card seeks to enable businesses to tap operation efficiencies.
Video: Subject snapshot – open banking
Get the lowdown on how banks can finally monetise the open banking initiative.
Case study: Keytrade Bank’s transformation journey
Belgium’s pioneering digital native bank, Keytrade Bank, partners with Infosys Finacle for strategic evolution.
FSS launches new payments technology platform for banks
The Blaze platform aims to ensure high durability during peak workloads and improve fraud prevention.
Alpha Bank acquires Orange Money’s Romanian retail business
Alpha Bank Romania is aiming to become “one of the key players in the Romanian digital banking space”.
FinTech Futures: Top five stories of the week – 25 August 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Zanifu, Koverly, Micronotes & more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Video: What’s the next big thing in fintech?
We ask three experts what they think could be the next big thing that will completely transform the industry.
Cambridge & Counties Bank secures £20m Tier 2 facility from British Business Investments
With the fresh facility, Cambridge & Counties Bank aims to increase its volume of lending to small businesses.
Beyond the single customer view
Even if we have all the data on our finances, we need to be able to understand it.
Video: AI – friend or foe to financial services?
Fintech experts share their views on the impact of AI on financial services.
Citi debuts first LatAm fintech investment with stake in Peruvian FX platform Rextie
Rextie becomes Latin America’s first FX fintech to receive an investment from Citi.
Core banking tech provider Mambu names Fernando Zandona as permanent CEO
Zandona has served as Mambu’s interim CEO since June after Eugene Danilkis stepped down from the role.
Silicon Valley Bank makes two senior appointments to lead payment products and digital strategy
Martin Murrell has been named as head of global payments and Milton Santiago as head of global digital solutions.
Morgan Stanley hit with £5.41m fine after energy traders used WhatsApp to discuss market transactions
It is the first-ever electronic communication fine issued in Great Britain relating to trading energy products.
