Deutsche Bank and Serrala launch API interface for SEPA payments
A step towards facilitating real-time treasury.
Corporate & Commercial Banking
Three-way merger creates enlarged Bank of Baroda
The three banks are Bank of Baroda, Vijaya Bank, and Dena Bank.
Boost Payment Solutions closes $12m funding
Aimed at raising its profile to provide payments across industries.
PayTech Awards entry deadline extended!
Enter the PayTech Awards by Friday, 12 April.
Case study: Information Builders and Millennium BCP
See how the largest private bank in Portugal, Millenium BCP enhanced decision-making capabilities
CMA clamps down on open banking implementation
Five of the nine banks are delaying implementing mobile functionalities.
Commonwealth Bank & Trust upgrades tech with Jack Henry
With the aim to bring in more commercial customers.
Fidor CEO leaves as BPCE sells bank
Matthias Kröener founded Fidor ten years ago.
Finleap acquires German challenger bank Penta
Penta will collaborate with Beesy to serve Italian freelance market.
New $4.8m funding for SME bank Novo
The bank targets small businesses with a digital banking offer.
Top fintech stories this week – 29 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
First transactions carried out on blockchain-based Marco Polo network
Delivery triggers irrevocable payment from buyer’s bank.
Standard Bank moves over to AWS
All its workloads, including its customer facing and core banking applications.
Russia’s first new bank in four years is for internet firms
Approach will combine the payment gateway and payout model.
Italian illimity enjoys business launch and preps retail offer
The new bank is a merger of Spaxs and Banca Interprovinciale.
Credijusto closes $100m credit facility with Goldman Sachs
The Mexican lendtech provides SMEs with credit.
Video: fintech news weekly round-up – 25 March 2019
FIS acquires Worldpay, PSD2, Tandem, and other news!
Natwest business customers at risk due to security software
The bug is now fixed.
Project BankNorth partners with nCino ahead of 2020 launch
The bank will use nCino’s Bank Operating System for customer experience.
Capdesk raises £1.5m to aid in employee share plans
As firms compensate staff with the own firm’s shares, liquidity is not as easy as it seems.
Bank of the West shifts to hosted for Systematics core
The bank is a long-standing user of the mainframe-based core system.
Wolters Kluwer gets new credit union win in Florida
Grow Financial Credit Union is implementing lending and compliance solutions in 26 branches.
Prepaid Technologies acquires Dash purchasing card portfolio
The deal more than doubles the firm’s expense management business.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
Thinknum gets $11.6m funding for alternative data platform
Thinknum, a provider of web-sourced alternative data, is announcing a $11.6 million Series A funding round.
NatWest partners with Tieto to launch virtual account platform for business
Companies will be able to digitally self-serve their clients’ accounts.
Urban FT Group brings community banks to the mobile era
To compete with the top tier banks’ services and tools for customers.
White paper: Artificial intelligence for executives
Learn how to integrate AI into your organisation with this SAS white paper
Doxo to provide electronic billpay solution to RR Donnelley & Sons
Doxo’s payment solution enables customers to access and pay bills from more than 45,000 providers
Open Banking one year on
Information Builders looks at how the initiative opened up new opportunities with data.
US-based Stockman Bank goes digital with NCR
The community bank targets businesses in Montana.
Tide seeks £60m funding following RBS grant
UK challenger bank also plans more funding rounds in next couple of years.
Lloyds, NatWest and Barclays team up for business banking hubs
The three banks will pilot the UK’s “first” shared hubs for SMEs.
First State Community Bank picks Jack Henry’s lending suite
New tech is provided by Jack Henry’s ProfitStars division.
Bank Leumi touches Eurobase with Siena platform for FX treasury
The deal is only for the London-based subsidiary of the Israeli bank.
Silicon Valley Bank welcomed in Canada
The bank has received a Canadian licence and opened an office in Toronto.
Nationwide revives 10x Future Technologies with £15m funding
Former Barclays CEO’s fintech firm gets boost after losing Virgin Money deal.
Ant Financial tag teams Hoperun for new core banking product
The Chinese firms have released their Distributed Core Banking Platform (DCBP).
PFS acquires Barclaycard prepaid card portfolio
Plans to offer an “enhanced” service to payroll and corporate clients.
Palestine Islamic Bank goes digital with Temenos to the core
Infinity and T24 Transact will support the bank’s digital transformation.
