Taiwan’s Taichung Commercial Bank to acquire American Continental for $82m
The transaction is expected to close in the first quarter of 2023, subject to regulatory approvals.
Banking
Banking Technology Magazine October 2022 issue out now
Cover story: INVESTING IN THE FUTURE – Putting money in the right places.
Video: Kore.ai at FinovateFall 2022 – Conversational AI and customer experience
We chat with Kore.ai’s Raj Koneru about conversational AI and the company’s leading work in the space.
Webinar: Conversational banking – delivering disruptive technology in a non-disruptive way
Intelligent virtual assistants powered by cutting-edge conversational AI are creating the future of banking experience.
Webinar: Achieve sustainability goals while growing your business and managing data growth
Learn how to build a sustainable model that requires data storage engineered to use significantly lower power and cooling.
Does a composable banking future spell the end for programmers?
As industries merge, the need to mix and match software continues to grow.
Industry report: Funds disbursement in Europe – speed alone is not enough
Commissioned by Visa, the report takes a deep dive into funds disbursements in Europe to explore the current state of the market.
European community fintech 11Onze launches SME banking app
11Onze chair James Sène says SMEs are “the lifeblood of our communities and global economies”.
Report: Banks and the digital payments revolution
Global research by Visa reveals how banks can prosper amid the disruption.
Police Bank Australia taps Temenos for core banking upgrade
The bank will deploy Temenos Retail Banking Services running on the Temenos Banking Cloud.
Finalists announced for Banking Tech Awards 2022
Congratulations to the 2022 finalists!
Welsh neobank Banc Cambria gearing up for launch next year
Banc Cambria is understood to be targeting a 2023 launch and hopes to reverse the tide of bank branch closures.
UK challenger Zopa in talks to raise $100m before mooted public listing
Zopa is reportedly in “detailed negotiations” with shareholders to raise around $100m.
Swift pilot lays foundation for use of CBDCs and tokenised assets in global finance
Swift says CBDCs and tokens can be deployed at scale to facilitate trade and investment across the world.
Leg of lamb
We all act normal a little bit more than is good for us. But there is no choice, it seems.
Video: Apiture at FinovateFall 2022 – The rise of embedded banking
We chat with Apiture’s Daniel Haisley about the growth and benefits of embedded banking.
Colendi secures $150m credit facility from Fibabanka
The firm aims to provide new loan and investment opportunities for the underbanked.
Two new fintech start-ups in Turkey – Lidsi and Turan
Lidsi is a savings app launching in January 2023, and Turan is an all-encompassing financial application.
NORD/LB taps Trade Ledger for corporate finance solution
Trade Ledger CEO Martin McCann says the digital solution the firm has developed for NORD/LB is a “world first”.
Itaú taps Genesis Global for trade automation tech
Itaú selected Genesis for its “deep domain experience in asset management, trading and financial services”.
SME financing platform Rapid Finance acquires lendtech firm Thrive
Rapid Finance says Thrive “represents a significant addition” to the company.
ING head of transaction banking Mark Buitenhek steps down
Buitenhek first joined the bank in 1988 and has been head of transactions services since 2014.
Crypto banking firm Juno lands $18m Series A, launches loyalty token
The funding round, led by ParaFi Capital’s Growth Fund, saw participation from high-profile angel investors.
How ESG reporting fuels financial success
ESG management, fuelled by innovation, can have a positive impact on a firm’s financial performance.
Bangor Savings Bank partners Treasury Prime to leverage BaaS offering
Bangor Savings Bank says the partnership will expand its revenue opportunities.
Arab Jordan Investment Bank taps Codebase for digital onboarding tech
The bank will deploy Codebase’s Digibanc platform.
SinoPac modernises retail banking tech front-to-back office with Temenos
SinoPac, one of Taiwan’s largest banks, is implementing Temenos’ digital banking solutions.
Apiture partners Newtek to provide digital banking services to businesses
The Apiture Digital Banking Platform will provide business banking and account opening solutions.
Societe Generale set to buy majority stake in PayXpert
Societe Generale aims to broaden payment offerings for European merchants through the acquisition.
CBDCs come to the international stage as a future cross-border option
CBDCs will become the de facto cross-border payment mechanism within the next decade, or possibly sooner.
Embedded finance start-up Shaype lands $21.4m Series C funding
Sydney-based Shaype will use the money to expand internationally.
SEC fines 16 Wall Street firms $1.1bn for recordkeeping failures
For more than three years employees routinely used messaging apps on their devices to discuss business matters.
Mobile payments service Paym to shutter in 2023
Pay.UK will wind down Paym after declining payment volumes and fewer signups over the past three years.
Tandem CEO Susie Aliker to step down, Alex Mollart to take over
Mollart is currently deputy CEO at the bank, having joined through the acquisition of Oplo.
Embedded banking with Metro AG and Vodeno
Brands with large customer bases can use BaaS platform providers to create deeper relationships with customers.
White paper: Digital banking – why is it becoming so important to financial organisations?
Fintechs are showing significant growth – learn how banks can stay competitive and efficient.
HSBC and Oracle NetSuite launch new accounts payable solution
NetSuite AP Automation is available in the US as part of NetSuite’s SuiteBanking offering.
UAE’s Fintech Galaxy announces new COO and CFO hires
Former Salt Edge CEO and co-founder Dmitrii Barbasura joins as COO while Iaroslav Babenco joins as CFO.
New challenger bank in India for young professionals – Shelf
Shelf was recently accepted into start-up accelerator Y Combinator’s Summer 2022 batch.
The designer, the surrealist and the potted plant
Hire designers because you have blind spots. We all do.
