Make mine red
Does your technology need to have smoke coming out of its motherboard to be considered defunct?
Banking
Bank of America to open 165 new branches by end of 2026
Since starting its financial centre expansion drive in 2014, BofA has invested over $5 billion in the initiative.
Anadolubank Nederland pens five-year deal with Worldline for cloud-based instant payments solution
Worldline’s solution will ensure the bank’s compliance with new EU instant payments regulations.
BNP Paribas to acquire HSBC’s private banking division in Germany
BNP Paribas anticipates the deal will boost its AUM to €40 billion.
The funding dilemma: how much is customer satisfaction really worth?
The cost of customer dissatisfaction, though delayed, always comes due.
OneAZ Credit Union to deploy Backbase’s Engagement Banking platform
OneAZ operates 20 branches across Arizona and claims to manage over $3.4 billion in assets.
Five Star Bank to begin “orderly wind down” of BaaS offerings
Five Star Bank is looking to prioritise the growth of its core community banking franchise.
Demystify Podcast: Demystifying the business use cases of AI and quantum computing with Sergio Gago of Moody’s
In this two-episode special, hosts Dave and Dharm chat with Sergio Gago, MD of AI and Quantum at Moody’s.
The programmable money promise: potential advantages and opportunities at stake
Programmable money is a revolutionary concept poised to enhance monetary and financial systems.
TD Bank Group president and CEO Bharat Masrani to retire next year
The group’s current head of Canadian personal banking, Raymond Chun, will succeed Masrani as CEO.
ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 20 September 2024
Our pick of the top fintech news stories this week includes JP Morgan, CSI, Revolut and more.
Multi-banking: convenience or chaos?
The direction of travel is clear – we are all going to be increasingly multi-banked. But is that a good thing?
State of play: US fintech
Despite a decline in global funding rounds, it was evident at FinovateFall that US fintech continues to thrive.
HSBC digital chief Ashief Danga leaves for AXA Health
Danga has served as HSBC’s head of digital for global markets since 2016.
The real E-shaped people
The future is not there to be discovered. It needs to be constructed by the very people travelling to it.
Old Second National Bank selects Newgen Software’s digital account opening solution
The solution will enable Old Second to streamline digital onboarding for retail and business banking customers.
What the FinTech? | S.5 Episode 16 | The future of Web3 technology in financial services
In this podcast episode, we chat with author and financial services executive Rita Martins.
Citigroup to sell trust administration services business to JTC in deal reportedly worth $80m
Citi Trust claims $70 billion in AUA across more than 2,000 UHNW clients.
Metro Bank partners Infosys to boost digital transformation with AI
The UK bank is also reportedly set to cut around 300 roles as part of cost-cutting efforts.
JP Morgan reportedly in talks to replace Goldman Sachs as Apple’s credit card partner
The Wall Street Journal reports that talks between JP Morgan and Apple commenced at the beginning of this year.
Florida’s EverBank inks $261m deal to acquire Sterling Bank
The acquisition is expected to close in Q1 2025.
Building a community from data
Behind every transaction is a human story, waiting for us to connect the dots.
FinTech Futures: Top five news stories of the week – 13 September 2024
Our pick of the top fintech news stories this week includes UniCredit, Westpac, Mastercard and more.
ICYMI fintech funding round-up: Datricks, PastPay, LineLeap, Kompasbank and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US regulator OCC orders Wells Fargo to shore up AML and risk management procedures
The OCC has barred Wells Fargo from expanding into medium-to-high risk products and geographies without prior approval.
A journey through the magic of technology: from PCs to Apple Vision Pro
Very occasionally, a new technology arrives that works like magic.
Syndicated loan platform Versana raises $26m with plans for global expansion
New York-based Versana has picked up British banking heavyweight Barclays as a new investor.
UAE challenger Ruya Bank partners Network International for digital payment capabilities
Ruya Bank entered the market this year with a suite of Shariah-compliant retail banking services.
Westpac promotes Anthony Miller to CEO amid Peter King’s departure
Current CEO Peter King is preparing to end his 30-year tenure at the bank.
A banker goes a-banking, volume 9: how to squander a market-capture advantage
Your marketing team can get you an advantage that is yours to lose.
Webinar | 23 October 2024 | GenAI in financial services – balancing innovation and risk for transformative growth
Join us for an insightful webinar on the transformative power of GenAI for financial firms.
UniCredit buys 9% stake in Commerzbank as German government looks to offload shareholding
Of the stake, 4.49% was purchased from the Federal Republic of Germany for $775 million.
Mansfield Building Society in core banking tech overhaul with TCS
Mansfield has selected the vendor’s TCS Bancs and Digital Home Lending solutions.
Vision Bank launches digital banking app in Saudi Arabia
The Vision Bank app is currently available to customers on an invite-only basis.
Ignacio Juliá leaves ING to become Santander Spain CEO
Juliá succeeds the position from Ángel Rivera, who will leave Santander at the end of 2024.
FinovateFall 2024: The evolution of the GenAI landscape in financial services
At this year’s FinovateFall conference in New York, GenAI has once again taken centre stage.
The Bank of London bags £42m funding round after reportedly being hit with HMRC winding-up petition
HMRC issues winding-up petitions when a company can’t pay its debts.
Switzerland’s Zürcher Kantonalbank deploys new digital asset platform with Avaloq and Fireblocks
ZKB clients will now be able to trade, manage and store both traditional and digital assets.
ISO 20022: The clock is ticking, so get ready
There’s no time like the present to ensure that you’re ready for the arrival of ISO 20022.
