Banque Saudi Fransi upgrades treasury systems with Finastra
Saudi Arabian bank goes live on new version of Finastra platform.
Corporate & Commercial Banking
Pollinate secures $50m Series C funding for US expansion
UK firm has raised $218 million to date.
Profile Software buys Euronext’s Centevo solution
Euronext offloads asset management platform after 2019 acquisition.
Goldman Sachs analysts reveal abusive working conditions in leaked survey
“This is beyond the level of ‘hard working’, this is inhumane/abuse,” says one surveyed analyst.
Nest Bank picks Fiserv for card issuance revamp
Fiserv’s First Data brand is handling the implementation.
Banking Technology March 2021 issue out now
Creating communities: celebrating women in fintech this Women’s History Month
HSBC goes live with Demica system for trade receivables
Selection to deployment took the two firms just over a year.
Santander picks Planixs tech to power liquidity management
Spanish multinational to deploy Planixs’ Realti system.
Canadian Western Bank deploys new Temenos SME product
CWB extends a partnership with Temenos that stretched back to 2012.
Payments Canada picks Interac for real-time infrastructure
Interac will use its e-Transfer service in the design, construction and maintenance of the system.
American Business Bank picks Teslar Software to refresh commercial lending
The Los Angeles bank says it wanted a “forward thinking” partner.
It’s a matter of comms | Episode 2 | Strategy
The corporate comms strategy is the spine that would hold start-ups accountable to their investors.
Report: The power of data analytics in fintech solutions
A deep-dive industry report focused on the priorities and use of data analytics at financial institutions.
Western Alliance Bank splashes $1bn on mortgage firm AmeriHome
Arizona bank diversifies its book by branching into mortgages.
HSBC explores options for loss-making US arm as profits dip 34%
Asia delivered HSBC a $13 billion adjusted profit before tax in 2020.
AI fintech Earnix becomes Israel’s latest unicorn with “pre-IPO” round
The fintech’s $75 million raise marks its first funding round since 2017.
Russian challenger Tinkoff launches “one-stop shop” checkout product
“Some of our services can be activated within a day.”
Aussie challenger Cape bags ex-Funding Circle CRO Rahul Pakrashi
Pakrashi says his wants “to get back” to his roots at Cape.
US federal agencies probe Amex’s SME and consumer cards sales practices
Several US federal agencies are probing American Express, according to a regulatory filing.
UK challenger OakNorth faces £97m in defaults from ten borrowers
All but two are down to property development loans gone bad.
BNY Mellon to finance crytpo and signs Google Cloud deal
The bank cites “growing client demand for digital assets”.
Italian neobank illimity turns €16m loss into €31m profit in a year
The neobank’s best-performing arm, by a long way, was its NPL unit.
Banking Technology February 2021 issue out now
The roaring 20s.
Santander’s profits down 35%, but Botín bets on vaccine for 2021
“Vaccination is the most important economic policy for 2021,” says Botín.
What the Fintech? | S.2 Episode 2 | Back office processing for real-time payments
Featuring special guest Jack Baldwin, CEO at financial software provider BHMI, and everyone’s favourite Fintech Jail.
Brexit forces interest-rate derivatives trading shift to US
A permanent shift to New York would be particularly damaging for London.
ECB launches climate change unit
The central bank has previously been criticised over its bond purchasing.
Mastercard plans to raise fees for UK purchases from EU
“This smacks of opportunism,” says Kevin Hollinrake, chair of Fair Business Banking.
Female-led tax reporting fintech KAWC takes tech into own hands
“We approached male investors, but they were so condescending,” says CEO.
Three new security strategies for financial services
Continuous compliance remains a challenge because many organisations lack contextual data.
What the Fintech? | S.2 Episode 1 | Innovation in commercial lending
Innovation in commercial lending with special guest, Dean Snyder, EVP at AFS.
Capital One’s “wilful” AML failures land the bank a $290m penalty
Some $16 billion in reportable transactions passed through the bank’s platform.
US banks must lose “legacy anchor” to meet customer needs in 2021
The banking landscape in North America is undergoing a fundamental shift.
Temenos wins Transact deal with Czechzia’s Komerční banka
The bank is aiming to launch products to the market faster.
Webinar: Deep dive on ServiceNow’s purpose built product for finserv operations
How to improve customer and employee experiences. Featuring a demo of The Now Platform from ServiceNow.
Independent broker-dealers: keep reps and build on fund-family partnerships
Let’s get the lay of the land with a quick industry-evolution review and where it’s left IBDs.
10x Future Technologies eyes $100m in Series C round
Its founder has hired financial advisory group, Lazard, to oversee its funding round in 2021.
Modernising through legacy tech: powering the next wave of fintech innovation
It’s clear that mainframes are the ideal solution for fintech enterprises.
Worldline buys controlling stake in ANZ’s acquiring business
Worldline says Australia is an ideal stomping ground for international expansion.
MoneyGate signs core banking deal with Finartix
Cypriot EMI picks out a new core system while its application processes.
