Sberbank Switzerland outsources core to Avaloq
The implementation and migration took ten months.
Corporate & Commercial Banking
Standard Chartered to launch crypto custodian in UK next year
The bank will, through Zodia, provide custody services for Bitcoin, and Ethereum.
Market infrastructure firm Pico raises $135m in Series C
Intel Capital leads the latest round for network company.
BNP Paribas and 3 Step IT push on with “aggressive” tech recycle plan
BNP Paribas Leasing Solutions specialises in financing solutions for professional equipment.
Lloyds is world’s first bank live on Swift gpi instant
The payments network expects to roll out adoption across the globe.
Credit Suisse announces António Horta-Osório as new chairman
The outgoing Lloyds executive will join the Swiss bank in April.
ABN Amro plans 2,800 cuts to investment banking and overseas divisions
Dutch lender rolls back operations to focus on home markets.
Central Bank of Iceland deploys new RTGS with SIA
The new system can support 5 million payments per day.
How the pandemic reshaped an international project launch
Lessons in adaptability – how to manage a project in an innovation lab amid COVID-19.
Deutsche Börse leads $15m round for sustainability start-up Clarity AI
“Our purpose is simple: to measure the impact of companies on our society and planet.”
Digital banking platforms – the new core
Banks that want to own their distribution should also have a strategy for DBP in place.
Former UniCredit execs launch Aidexa to service Italian SMEs
The bank aims to win over some of the seven million small businesses in Italy.
Neobank Mercury aims to serve US start-up scene
Founded in 2017, the bank has raised $26m so far.
United Fintech launches in UK and acquires NetDania
Danish fintech NetDania supplies forex and trading technology and data.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
EXCLUSIVE: Bank of Ireland planning UK tech revamp
Irish lender aiming to switch things up for its UK operations.
BBVA taps Amazon and Bloomberg for cloud-based equities platform
Spanish giant launches “BBVA C-fit” for its corporate banking division.
Worldline completes $8.6bn acquisition of Ingenico
Worldline claims to have created the world’s fourth-largest payments firm.
Pinnacle Bank picks Teslar Software to power commercial lending
Pinnacle Bancorp is a $14.5 billion financial holding company based in seven US states.
Calastone acquired by US private equity firm Carlyle Group
Financial details of the agreement have not been disclosed.
HSBC could start charging for “basic banking services”
It reported a 35% fall in pre-tax profit during the third quarter of the year.
Nets completes acquisition of major Polish card payment processor
“Poland is one of the most attractive regions in Europe” for digital payments.
Monte dei Paschi ex-boss and former chairman sentenced to jail
The three former execs were ordered to pay damages claimed by some of the bank’s savers.
HSBC to cut up to 300 jobs in UK commercial banking unit
The cuts are part of a wider restructuring announced in February.
FCA and PRA fine Goldman Sachs £96.6m for 1MDB scandal
The investigation found that GSI breached a number of FCA and PRA principles and rules.
Woman-owned de novo Agility Bank gains regulatory green light in Texas
Agility Bank aims to raise $30 million prior to launch in 2021.
Aussie challenger Judo Bank picks nCino Bank Operating System
Judo Bank aims to automate processes to focus on customers.
The imperatives behind BFS
The current crisis highlights the urgent action required for businesses to upgrade to digital platforms.
Webinar: Accelerating growth & building resilience in corporate banking – benefits of moving to open APIs
72% banks have seen an increase in the integration of corporate banking APIs this year. What’s you organisation doing?
Breaking down walls
FinTech Futures took this somber moment to sit with Keisha Bell at DTCC.
Bank of America teams up with Black-owned Unity bank
BoA has acquired approximately 5% of the bank’s common equity.
Sibos 2020: BNP Paribas chairman says COVID-19 “not a banking crisis”
The work of banks, regulators and governments has kept things calm, says Jean Lemierre.
Sibos 2020: Victoria Harverson, global head of business development at SmartStream Air
She discusses SmartStream’s AI solution for data processing.
Sibos 2020: Søren Skov Mogensen, chief growth officer at Banking Circle
He discusses the firm’s recent research.
The value of 20/20 hindsight
Anders la Cour, co-founder and CEO of Banking Circle, examines the lessons of 2020.
Sibos 2020: Banking Circle launches POBO and COBO payments transparency solutions
The solutions are available globally through Swift, Faster Payments, CHAPS, SEPA and local clearing.
Barclays appoints Taalib Shaah as new group CRO
Shaah joins from the bank’s international division.
A sector ready for change
The Black community has been fighting for change for many years, often falling on deaf ears.
Can financial technology help reduce inequality?
Decisions made by algorithms can have a detrimental effect on people’s lives.
