ING spins out digital post-trade market infrastructure tech to GMEX Group
GMEX intends to combine Pyctor with its MultiHub offering.
Banking
Less than two weeks until nomination deadline for Banking Tech Awards 2022
The deadline for nominations for the Banking Tech Awards 2022 is Friday 22 July.
Mambu partners Visa for end-to-end card issuing and processing
The company is developing an integration with Visa DPS.
Sid Jajodia appointed as Revolut’s new US CEO
Jajodia joined Revolut as chief banking officer in 2021 and will continue in this role alongside his new position.
Why central banks need to engage the private sector on CBDCs
Companies can help policymakers evaluate technology choices and design incentives to foster innovation and competition.
FinTech Futures Jobs: Five reasons you might not be getting a job interview
Here are five strategies to follow to boost your chances of getting a job interview.
Banking Tech Awards 2022 – call for judges
Join the judging panel for the Banking Tech Awards and be in great company of industry experts!
Linkbancorp taps Jack Henry for digital banking and lending upgrade
Linkbancorp will look to utilise Jack Henry’s Banno Digital Platform and LoanVantage offerings.
US fintech funding round-up: Stake, Finli, Crescent and OpenFin
Our weekly round-up for you to get the latest fintech funding news from the US.
UAE’s YAP secures $41m to support continued expansion
Start-up says the funding will support expansion into Saudi Arabia, Pakistan, Ghana and Egypt.
Bank of Mauritius in tech overhaul with Intellect Design Arena
Intellect Design Arena will implement its Intellect Quantum system at the central bank.
Playing the game you’re in
If we all see that the game is broken, maybe it’s time we change the game.
Digital challenger Zand lands banking licence from UAE central bank
The newly-licensed bank marked the occasion by welcoming its first corporate customers.
Worldline completes acquisition of Eurobank’s merchant acquiring business in Greece
As part of a joint venture with Eurobank, Worldline will hold an 80% stake in the new company.
Banking Tech Awards USA 2022 Winner: Freddie Mac – Best UX/CX in Finance Initiative
Get Clarity into mortgage credit risk investing through Freddie Mac.
Congratulations to the PayTech Awards 2022 winners!
The winners and highly commended were announced in a ceremony at the Merchant Taylors’ Hall in London.
NPP Australia rolls out new digital payments solution, PayTo
NPP Australia has been working with the financial services industry to develop the PayTo service.
Oxbury Bank lands £20m in additional funding
The new cash injection takes the firm’s total capital raised to £68 million.
FCA proposes updated guidance to protect access to banking services
Banks and building societies will have to assess the impact of any reduction in the services they provide.
WTH are ZKPs? Making blockchain transactions private
In order to gain or have mainstream adoption of blockchain tech, it needs to be private.
Lead Bank creates new BaaS position, appoints industry veteran Huma Usmani
In her new role, Usmani will focus on expanding the bank’s network of fintech partnerships.
The Bank of London hires new co-president and group chief product officer
Tam Holmes joins from 10x Banking where he spent five years.
How banks can protect customers from impersonation fraud
Figures from UK Finance reveal impersonation fraud cases have surged by 300% in the last year.
FinTech Futures Jobs: Are you paying a loyalty tax at work?
Find your next fintech career move on the FinTech Futures job board today.
Daxsen Group to launch new digital bank in Ecuador
Daxsen Bank intends to reduce operational and transactional costs to “revolutionise” the country’s banking sector.
FinTech Futures: Top five stories of the week – 1 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Yoma Bank taps Compass Plus Technologies for time-to-market upgrade
Myanmar’s Yoma Bank has replaced its in-house processing centre with Compass Plus’ TranzAxis.
Video: SmartStream at Money 20/20 Europe – Levelling the playing field
We chat with SmartStream about how the firm is helping financial institutions keep up with new tech developments.
Aussie challenger Volt to shutter
The firm says it is “closing its deposit-taking business and intends to return its banking licence”.
Flyp taps Galileo to power its mobile banking platform
Galileo’s solution will serve as the backbone for Flyp’s “gamified” BaaS platform.
OBIE report shows open banking and cloud accounting benefit SMEs
Cloud accounting makes small businesses feel more efficient, according to 84% of respondents.
Finding your way
Asking for help is the greatest proof that you will find your way, eventually.
UNO Digital Bank taps Businessnext to boost customer experience
Businessnext’s automated AI solutions will support the bank’s customer-facing managers.
Technisys integrates Cyberbank platform with Microsoft Cloud for Financial Services
The integration will give financial institutions the ability to scale and boost digital transformation efforts.
Sustainable neobank Ashman lands UK banking licence
Birmingham-based firm plans on achieving full regulatory approval before starting operations.
UK neobank Kroo gains full banking licence
Kroo can now offer depositors protection for up to £85,000 through the FSCS.
Taming AI algorithms — finance without prejudice
Algorithmovigilance is growing in importance as human biases all too readily creep into AI tech.
Marygold acquires Tiger Financial & Asset Management for UK expansion
Tiger’s core business is managing clients’ financial wealth across a range of products.
ICICI Bank launches digital platform for the student ecosystem
Campus Power, available to all, aims to offer banking and value-added services within one platform.
Raisin Bank acquires payments division from Bankhaus August Lenz
The acquisiton, for an undisclosed sum, will be headed up by Bankhaus payments veteran Mirko Siepmann.
