JP Morgan plans to cut hundreds of jobs across consumer division
It will notify the impacted staff on 6 February.
Corporate & Commercial Banking
The end of technology…
It’s time to drop the words “digital” and “tech”.
How FIS developed its “evergreen” core banking system
FinTech Futures speaks to Andrew Beatty of FIS about its new platform.
Sudan’s Al Khaleej Bank selects Path Solutions and iMAL
Islamic bank looks to become leader in its market.
Goldman won’t take companies public without at least one “diverse” board member
GS itself has four women on its board of directors, out of 11 total members.
Video: Top fintech stories this week – 24 January 2020
FinTech Future’s weekly news round-up.
Former Wells Fargo CEO barred from banking industry, fined $17.5m
Seven other former Wells Fargo executives were reprimanded by the OCC.
HAB Bank implements Jack Henry’s commercial lending platform
New York-based community bank wants to boost its commercial ops.
A thousand EU financial firms plan to open UK offices after Brexit
EY estimates that around 7,000 positions would be relocated from London to Europe.
GAM partners with SimCorp to consolidate its operating platform
SimCorp Dimension will serve as GAM’s core front office platform and IBOR.
Regtech: the new lifeblood of compliance
It changes the current compliance game for the better.
EXCLUSIVE: Oracle wins new core banking deals in Sudan, Somalia & Libya
Oracle has won and extended plenty of African deals in the past few months.
BNY Mellon Markets appoints Paresh Shah as global COO for FX
He joins BNY from HSBC, where he held the role of COO Americas for FX.
New challenges due to Open Banking and the benefits of instant payments
APIs are no longer seen as a difficult technical matter, but as a crucial building block.
Mitigating network outages in the financial services sector
How poor service levels from IT vendors are reflected in network outages and how to fix it.
Emirates NBD completes third phase of its core banking systems upgrade
The project sees the roll-out of the new core banking system for Emirates NBD Saudi Arabia.
JP Morgan vows to ban fintech apps from using customer passwords
It’s working towards issuing tokens that send third parties a narrow range of data in a secure form.
Standard Chartered appoints new CIO of corporate, commercial & institutional banking
Rene W. Keller joins Standard Chartered from Deutsche Bank.
BoE’s Carney says finance is too slow on tackling climate change issues
Carney is due to become the United Nations’ special envoy for climate change.
UK fintech Rebank raises $2.8m seed round to help businesses bank
The start-up sits on top of businesses’ bank accounts.
Banking’s biggest core go-lives in 2019
Always exciting, sometimes terrifying, here are the biggest ‘go-lives’ in core banking 2019.
2019’s top core banking deals
The core deals which made waves this year, summarised just for you.
B-North outsources deposit taking with Newcastle Strategic Solutions
Prospective SME bank aims to streamline its SME loan process.
Three trends to watch in 2020
Red Hat dissects how 2020 will be a chance for banks to catch on to innovation.
Supplement: the 2019 fintech review
Ruby Hinchliffe dissects her top five 2019 fintech trends from this year’s top stories!
Metro Bank opens SME registration for on-demand cash service
Metro Bank aims to help business users save time.
National Bank of Fujairah preps SME banking platform
UAE bank aims to tap into country’s deep SME market.
Video: Top fintech stories this week – 13 December 2019
FinTech Future’s weekly news round-up.
Banking Technology December 2019 / January 2020 issue out now
A year in review.
DBS Wealth Management extends ten-year partnership with Avaloq
The agreement will see an expanded version of Avaloq Banking Suite deployed in Singapore.
Santander and Elavon extend 15-year payments partnership
The two firms will continue a payments partnership signed in 2004.
Deutsche Bank plans €100m streamlining project for retail ops
German lender continues its dramatic savings plan.
Morgan Stanley plans 1,500 job cuts
US bank wants to protect itself from economic headwinds.
Cboe Global Markets agrees to acquire EuroCCP
The deal is expected to close in the first half of 2020.
How to choose the right jurisdiction for opening a company
Brigewest explores how the Middle East has become an attractive region for businesses.
The 20th Banking Technology Awards winners have been announced
It was a brilliant celebration of excellence and innovation in the banking industry.
Video: Top fintech stories this week – 06 December 2019
FinTech Future’s weekly news round-up.
US DOJ digs deeper into Deutsche role in Danske money laundering scandal
Deutsche officials were made aware that the scope of the DoJ probe had broadened.
BCBS: Bank supervisors must pay greater attention to APIs and open banking risks
Open banking comes with benefits to banks but also various challenges.
Wells Fargo hires Santander’s US chief as new COO
Scott Powell will be the bank’s new chief operating officer.
