How traditional banks are embracing the shift from legacy tech to cloud-native
Digital transformation is dominating all sectors, and increasing numbers of businesses are making the move to the cloud.
Banking
FinTech Futures Report: Banking and payments in 2022 – digital transformation & trends in financial technology
Learn how to increase efficiency and gain a significant advantage over competitors.
USDF Consortium launches to develop and promote bank-minted stablecoin
The FDIC-insured banks want to “unlock the financial opportunities” of blockchain technology.
SIX, BIS and SNB conduct CBDC core banking integration test
Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the experiment.
If we truly value diversity, fintech needs to do much more
For all its forward-thinking and future-proofing, fintech is struggling when it comes to diversity and inclusion.
Video: fintech news pick of the week – Checkout.com funding; UK fintech investment; digital currency pilot in Bahrain
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Instant payments come to Curaçao and Sint Maarten
The system was developed by European paytech provider Worldline.
FinTech Futures Jobs: Three exciting companies that are hiring in 2022
Exciting open vacancies at Klarna, Seedrs and Starling Bank. Apply today!
Ebury appoints HSBC innovation head Louise Chan as new COO
Chan is taking on an expanded role, covering operations, product, data and regulatory reporting.
Six reasons why landlords should re-evaluate their choice of bank
Banks should be in a strong position to support landlords, but unfortunately, this is rarely the case.
UK consumer lender Oplo acquired by challenger bank Tandem
Together, Tandem and Oplo will “create a fairer, greener digital bank”.
First Abu Dhabi Bank appoints Suhail Bin Tarraf as group COO
Suhail Bin Tarraf joins from Emirates Islamic Bank, where he was COO for five years.
Swiss digital assets bank SEBA raises $120m in Series C funding round
The round was co-led by a consortium of specialised blockchain and fintech investors.
French fintech Qonto secures €486m Series D funding to boost European growth
The bumper funding round takes the start-up’s valuation to €4.4 billion.
The dying art of arguing
No matter how smart you are, you may be wrong. And having the conversation will always teach you something.
US SME banking platform Novo raises $90m in Series B funding
Novo CEO Michael Rangel says the funds will go towards improving cash flow for small businesses.
ABN Amro’s Christian Bornfeld to leave role as CI&TO in May
Bornfeld has been “instrumental in future-proofing the bank’s IT landscape”, says CEO.
Fintech start-up Twig raises $35m to support Web 3.0 plans
The London-based fintech intends to expand into the EU and US in 2022.
Case study: Fintech neobank slashes ATOs by 75% with Arkose Labs
No more losing about $100,000 per week in costs associated with compromised accounts!
Central Bank of Bahrain and JP Morgan conduct successful digital currency settlement test
The test was facilitated by JP Morgan’s new blockchain-focused business unit Onyx.
Citizens State Bank picks Lendsmart for mortgage solutions upgrade
Lendsmart’s technology digitises up to 70% of lending and home buying processes.
Core banking solution provider Topaz acquires majority stake in Cobiscorp
The acquisition is set to expand the firm’s footprint across the Americas.
Consolidation of the BNPL industry: what does it mean?
With regulation on the horizon, the BNPL sector is seeing a number of cross-industry consolidations and partnerships.
FinTech Futures Jobs: New year, new job? Here are three great opportunities to apply for this week
Exciting open vacancies at Monzo, Seedrs and Klarna. Apply today!
Fintech funding deals globally 3 January – 9 January 2022
Featuring OpenSea, PayFit, Petal, Sygnum and Starling Bank.
Customers Bank brings digital asset bankers onboard
Investment “signals we are a serious participant in this space”, says CEO.
Why the key to effective engagement banking lies in behavioural science
Banks should look to utilise behavioural science to design digital experiences that promote better decision-making.
Video: fintech news pick of the week – Petal, Unibo, & iProov
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Swiss digital asset neobank Sygnum raises $90m in Series B round
“The digital asset economy is rapidly crossing the chasm to mainstream adoption,” says CEO.
The heart of the matter: three predictions for 2022
It’s that time of year when crystal ball gazing is de rigueur.
Old Missouri Bank to launch new digital bank powered by Jack Henry’s tech
The new digital bank will be launched nationwide in early 2023.
Challenger bank Monument appoints new CEO as co-founder moves to corporate dev role
Ex-Barclays Ian Rand is Monument’s new chief executive officer.
From viral fun to financial fraud: How deepfake technology is threatening financial services
As deepfake technology becomes more prolific, the threat posed to financial services is becoming very real.
The great perhaps
This year, we should have the courage to move away from what we’ve always known to really push what is possible.
Florida’s Cypress Bank & Trust selects CSI’s NuPoint core banking system
The start-up bank will also implement CSI’s integrated online and digital banking solutions.
Spanish neobank Unibo launches to cater for property managers
Unibo raised €500,000 in a seed round in November last year.
The carrot and the stick: How regulators are driving a data quality revolution
Beyond the threat of fines, regulators can help financial firms by highlighting the benefits of high data quality.
Credit Suisse poaches Goldman Sachs’ Joanne Hannaford to lead technology & operations
Hannaford spent 25 years at Goldman Sachs in London and New York.
Oracle FS signs new core banking client in Vietnam, Kien Long Bank
Flexcube will help Kien Long Bank to become a “modern and friendly digital bank”.
Fintech predictions for the year ahead
IBM’s Paolo Sironi and Anthony Lipp make three predictions for the financial services industry in 2022.
