Wells Fargo partners Google Cloud for AI virtual assistant, Fargo
Fargo will leverage Google Cloud’s conversational AI platform Dialogflow to offer personalised banking tips.
Banking
Delta National Bank & Trust taps Finastra for digital banking infrastructure upgrade
The firm will utilise Finastra’s Fusion Essence and Fusion Payments To Go solutions.
NatWest adds three new payment providers to VRP roster
Token, Tink and Yapily will now be able to offer VRP as a new payment option.
FIS names current president Stephanie Ferris as new CEO, replacing Gary Norcross
Ferris will take on the joint role of president and CEO at the firm from 1 January 2023.
Pay.UK exec Simon Lyons joins obconnect as chief strategy officer
Simon Lyons has left Pay.UK to join open banking company obconnect as its CSO.
US fintech start-up Banyan lands $43m Series A
The Series A round is made up of $28 million in equity and $15 million in venture debt.
New decentralised paytech Clowd9 launches to “transform” global payments system
Clowd9’s investor base includes former partners at Goldman Sachs, Morgan Stanley and JP Morgan.
How financial services firms can grow through their digital infrastructure
For FIs, digital infrastructure is broken down into three components: the digital core, the ecosystem, and the edge.
UBS strengthens cloud partnership with Microsoft
The bank intends to host more than 50% of its applications on Microsoft Azure.
NatWest and Vodeno Group partner up to start BaaS business
The partnership will leverage Vodeno’s BaaS technology and NatWest’s banking technology and UK banking licenses.
Lloyds Bank partners Billhop for B2B payments
The bank’s corporate clients will now be able to pay any invoice using a Lloyds Commercial Card.
Is core banking easy?
It’s now much more possible for banks to create innovative new products.
Video: Visa at Sibos 2022 – The evolution of B2B payments
We speak with Visa’s Darren Parslow about the shifting B2B payments landscape.
Santander partners VC firm Forgepoint for new cybersecurity investment company
The bank is expecting to invest up to €300m in the strategic partnership.
Table bookings now open for Banking Tech Awards 2022
The awards gala will take place at the fabulous Royal Lancaster Hotel in London on 1 December 2022.
HSBC taps Oracle to power digital transformation
HSBC will upgrade and migrate select database systems to Oracle’s Exadata Cloud@Customer platform.
Crowdz to integrate open banking-powered payments with GoCardless partnership
Crowdz will implement three GoCardless open banking-powered payment features across four markets.
Wellington Holbrook steps down as CEO of Connect First Credit Union
Holbrook first joined the firm as COO in 2020 and was made CEO in February this year.
Happy feet
Always keep going. That’s the only way any of this work gets done.
Goldman Sachs plots reorganisation, reveals change of plans for Marcus
“The concept of being broad, with a consumer footprint, is not really playing to our strength,” says CEO.
Sibos 2022 highlights
Take a look at our highlights video from Sibos 2022 in Amsterdam.
What the FinTech? | S.3 Episode 15 | Unleashing the potential of half the planet
In this episode of the podcast, we’re joined by Women’s World Banking CEO and president Mary Ellen Iskenderian.
Temenos cuts 2022 guidance, CRO leaves after just seven months
CRO Erich Gerber, who only joined the company in March, has left the business “effective immediately”.
Video: BNY Mellon at Sibos 2022 – The growth of real-time payments
We chat with Carl Slabicki of BNY Mellon about current payments trends and the growing adoption of RTP.
UBCI revamps corporate banking tech with Finastra and Tesselate
Union Bancaire pour le Commerce et l’Industrie (UBCI) modernises trade and cash management tech.
Gatehouse Bank handed £1.5m fine by FCA over “poor” AML checks
Gatehouse Bank agreed to settle early, which led to a 30% reduction to the original penalty of £2.2 million.
Mastercard to enable banks to offer crypto trading services with new solution
Named Crypto Source, the new offering is being developed in partnership with Paxos.
Being an entrepreneur: from A to Z
It’s easy to start a company, but it’s much harder to sustain it.
Digital challenger Bunq wins “landmark” case against Dutch Central Bank
The firm took the DNB to court earlier this year over the use of AI/ML technology for AML checks.
US digital bank Green Dot fires CEO, appoints George Gresham as replacement
Dan Henry has been terminated as CEO and president of the company and resigned from the board as of 14 October.
Video: NatWest at Sibos 2022 – The open banking revolution
We speak with Dan Globerson of NatWest about the bank’s open banking strategy.
Video: Bank of America at Sibos 2022 – Cross-border payments trends
We chat with Derrick Walton of Bank of America about how cross-border payments have evolved.
Video: ING at Sibos 2022 – Interoperability in trade finance
We chat with Lynn Ng of ING about whether cross-platform interoperability in trade finance is possible.
Belize Bank extends core banking partnership with Finastra
The bank has migrated the operations of Scotiabank (Belize) onto Finastra’s Fusion Essence platform.
Apple and Goldman Sachs to launch savings account for Apple Card
The savings account will allow Apple Card users to deposit their “Daily Cash” rewards automatically.
NorthOne bags $67m in Series B funding round
The new capital takes NorthOne’s total funding raised to date to more than $90 million.
Video: BAFT at Sibos 2022 – Collaboration between banks and fintechs
We chat with Tod Burwell of BAFT about how collaboration between banks and fintechs is driving innovation.
Video: Brim Financial at Sibos 2022 – Card and payments innovation
At Sibos 2022, Brim Financial’s Meenaz Sunderji discusses the evolving retail and corporate card landscape.
US Bancorp gets US regulatory approval for MUFG Union Bank acquisition
The firm has received approval from the Federal Reserve and the Office of the Comptroller of the Currency (OCC).
Video: NatWest at Sibos 2022 – Sustainability and achieving net-zero targets
We chat with NatWest’s Solange Chamberlain about sustainability in banking and achieving net-zero targets.
