Morgan Stanley taps Wise for corporate cross-border settlements
Morgan Stanley can now offer its corporate clients instant cross-border settlements through Wise Platform.
Corporate & Commercial Banking
News, intelligence and resources on the global fintech industry including topics such as corporate & commercial banking.
First Abu Dhabi Bank taps Broadridge to build out securities finance business
The bank has selected Broadridge’s Securities Finance and Collateral Management solution.
Sweden’s Mynt plots UK expansion with €22m Series B
The round values Mynt, which reached profitability in September, at approximately €175 million.
Banco Santander to offer on-demand wage access for Spanish SMEs through new CloudPay partnership
The Spanish banking giant has opted for its partner’s CloudPay NOW solution.
Preparing for a quantum future: what’s next for quantum computing in financial services?
As we move closer to Q-Day, how can the financial industry prepare for a quantum future?
FinTech Futures: Top five news stories of the week – 6 December 2024
Our pick of the top fintech news stories this week includes Citi, Lumin Digital, TSB and more.
Corpay buys cross-border solutions provider GPS Capital Markets, unloads POS business to PDI Technologies
The deal to acquire GPS Capital Markets was first inked in June this year.
Video: Highlights from FinTech Futures’ Banking Tech Insights: Limitless Banking panel and networking event
Watch our highlights video from the FinTech Futures Banking Tech Insights event on 14 November.
FinTech Futures: Top five news stories of the week – 29 November 2024
Our pick of the top fintech news stories this week includes HSBC, Garanti BBVA, Monzo and more.
November 2024: Top five banking technology stories of the month
FinTech Futures takes a look back at five of the top banking tech stories of the month.
Garanti BBVA International taps Worldline for instant payments solution
The cloud-based solution will ensure GBI’s compliance with the EU’s Instant Payments Regulation.
City Bank selects Compass Plus Technologies’ TranzAxis payment gateway for e-commerce acquiring
The Bangladeshi bank has migrated its e-commerce acquiring business to the SOA-based solution.
Chile’s Tanner Servicios Financieros lands $40m IFC investment
Tanner Servicios Financieros is establishing “a fully licensed and regulated commercial bank subsidiary”.
SEB Embedded taps Thought Machine to power BaaS offering
SEB Embedded has delivered its first solution for Swedish supermarket chain Hemköp.
Network International inks referral agreement with NBF for corporate omnichannel payment solutions
The deal will enable National Bank of Fujairah to offer Network’s digital payment solutions to its corporate clients.
Gate City Bank goes live with Alkami’s full suite of digital banking solutions
The selection includes Positive Pay for ACH reporting and new account opening capabilities.
Former Solaris execs to launch fintech start-up Zazu for African SMEs
Zazu will provide business banking services and financial management tools to African SMEs.
Zand Bank partners Alibaba Cloud and Ant Digital Technologies to drive GenAI adoption in UAE
The partnership seeks to “accelerate the applications of generative AI, blockchain and payment technology”.
BCP to invest $650m in cloud modernisation drive with Microsoft and Kyndryl
BCP will use Microsoft Azure to create a hybrid computing environment in collaboration with Kyndryl.
UBS pilots new blockchain-based system for cross-border payments
The system settles international transactions using smart contracts on a private blockchain network.
UniCredit completes acquisition of 90.1% stake in Alpha Bank Romania
UniCredit says it will now commence a “gradual integration” of Alpha Bank Romania into UniCredit Group.
NatWest teams up with Capco to deliver new ISO 20022-compliant Bankline Direct Digital solution
The host-to-host solution is poised to assist corporates and financial institutions in complying with ISO 20022.
NatWest debuts B2B virtual card solution Approval2Buy in partnership with Mastercard
NatWest has delivered the offering using Mastercard’s virtual card and tokenisation technology.
UAE-based Commercial Bank International to explore digital asset sustainability with Zumo
The collaboration follows CBI’s MoU with Abu Dhabi-based digital assets infrastructure platform Fuze in February.
Mutual Trust Bank in Bangladesh revamps e-commerce acquiring services with Compass Plus Technologies
The migration was completed in six months with the assistance of ITC Consultants.
Standard Bank selects Volante Technologies’ PaaS for ISO 20022 compliance
The $166 billion-asset bank has adopted the vendor’s PaaS and embedded pre-processing solutions.
How the rise of mobile is reshaping business banking for UK SMEs
The expectations of business customers are shifting, with mobile banking on the rise among UK SMEs.
FinTech Futures: Top five news stories of the week – 1 November 2024
Our pick of the top fintech news stories this week includes nCino, Citi, Moniepoint and more.
October 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from October.
Citi pens multi-year cloud and AI tech modernisation deal with Google Cloud
Citi says it is migrating multiple workloads and applications to Google Cloud as part of the collaboration.
Sibos 2024: Oiling the wheels of trade with digitalisation
Digitalisation is driving sweeping changes throughout the global trade ecosystem.
Africa’s “fastest-growing fintech” Moniepoint secures $110m Series C funding
The round was led by Development Partners International with participation from Google’s Africa Investment Fund.
What the FinTech? | S.5 Episode 18 | Tech innovation in business banking with Allica Bank
In this podcast episode, we chat with Ravneet Shah, CTO of UK-based SME banking challenger Allica Bank.
Alexandra MacMahon named new ING UK country manager
MacMahon has led Santander UK Corporate and Investment Bank since January 2023.
October 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
Sibos 2024: Charting a path for digital securities with BNP Paribas – video interview
BNP Paribas’ Gary O’Brien discusses the pursuit of faster settlements in Asia, Europe and North America.
Canada’s Central 1 announces plans to wind down its digital banking business
The company says it will transition its digital banking clients “to one or more alternative digital banking providers”.
Sibos 2024: Blockchain breakthroughs and Liink’s leap with JP Morgan – video interview
JP Morgan’s Gloria Wan highlights blockchain’s advantages over traditional methods for cross-border payments.
Sibos 2024: Future-proofing data and the promise of ISO 20022
The Big Issue Debate at Sibos explored the true potential of total ISO 20022 adoption.
GTBank live with new core banking system, Infosys Finacle
The Finacle core banking system has replaced GTBank’s legacy ICS Banks solution from ICSFS.
