Flexcube replaces Ultradata’s Ultracs core banking system at TISA
Teachers Savings and Loan Society (TISA) has gone live with a host of solutions from Oracle FS.
Digital
Atom Bank’s operating profit climbs 600% after “best year yet”
The UK challenger recorded an operating profit of £27 million last year.
TrueLayer names former Banked exec Lisa Scott as new chief strategy officer
Scott previously served as Banked’s CEO for Europe.
We are all living on borrowed time
Together, we can create meaningful change through collective action that can last generations.
Webinar | Watch on demand | Fintech rebound: Unveiling opportunities for 2024 and beyond
Join this free webinar to learn more about the opportunities arising in the fintech industry in 2024.
Demystify Podcast: Demystifying data centres with Bruce Owen, Equinix
Demystifying the essential functions of data centres, including housing critical IT infrastructure.
US fintech Momnt names Chris Bracken as new CEO
Bracken succeeds co-founder Barclay Keith, who is stepping down after over five years.
Finbourne lands £55m Series B from Highland Europe and AXA Venture Partners
The funds are to be put to scaling the firm in APAC, US and Europe.
FINMA pulls the plug on FlowBank as bankruptcy proceedings commence
The Swiss regulator has found the challenger bank to be in a “serious breach of supervisory law”.
The future of fraud detection: how AI revolutionizes your bottom line
Building a proactive fraud shield with AI for unstoppable banking.
South Africa’s TymeBank plots $150m Series D round ahead of 2028 IPO
TymeBank expects to complete the round in Q4, with hopes of achieving unicorn status.
BIS and Bank of England team up to evaluate synchronised settlement in FX transactions
The initiative is scheduled to commence towards the end of 2024.
Account takeover fraud: the definitive guide
Discover account takeover fraud techniques, impacts, and prevention strategies in this free definitive guide.
White paper: Deepfakes and identity – ensuring authenticity in a synthetic world
Learn about detection solutions and how to safeguard digital identities in this comprehensive white paper.
Payzli in search of new CEO amid leadership restructuring
Arash Izadpanah will transition from CEO to chief risk officer.
Shift4 snaps up majority stake in German POS firm Vectron Systems AG
Shift4 plans to buy “additional ownership of Vectron” through a public tender offer.
Avocado mint swirl for prime minister: lessons from UK election surveys on predictive customer satisfaction
The 2024 UK election surveys are treasure troves of insights into human behaviour, preferences, and trends.
FinTech Founders Video: recognising the need and maximising the potential
Four fintech founders recount their start-up journey.
ICYMI fintech funding round-up: Layer3, Sidekick, Elevate, Sahl, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
US rental fintech Stake acquires Circa in $9.5m deal
The cash and stock deal was completed earlier this month.
Bendigo and Adelaide Bank partners MongoDB for core banking update with AI
The Aussie bank has deployed MongoDB’s Atlas solution.
Product innovation is the key to growth for banks
Banks have a significant opportunity to take advantage of the digital shift driven by the next generation of customers.
The AI Summit: Real world AI
Use cases, pathways and challenges to implementation, and the evolving regulatory frameworks.
Pennsylvania’s Vertex purchases AI tax capabilities from Ryan
Vertex claims the deal will enhance its “AI innovation strategy”.
Germany’s Paydirekt reportedly heading for closure in favour of EPI
Further developments are expected to emerge during a shareholder meeting later this week.
BIS and MAS partner to develop blueprint for climate risk framework
The pair have named the initiative Project Viridis.
What would the Jetsons do?
We already live in the Future. It is here. It is the Present. It is fully formed and at times rather wonderful.
Former Temenos execs found GenAI banking tech start-up, yPilot
Based in Vancouver, Canada, yPilot says it “leads the way in AI innovation for banks and credit unions”.
AlphaSense acquires rival Tegus for $930m, valuation tops $4bn
AlphaSense has raised $650 million in conjunction with its latest purchase.
Starling Bank reports 50% revenue rise in third year of profitability
The performance comes ahead of Raman Bhatia’s instalment as group CEO this summer.
Pipe secures new $100m credit facility from Victory Park Capital
Pipe says the facility “has the potential to upsize up to $200 million in the future”.
Earl Shilton Building Society hires Natalie Balderson as transformation change manager
Balderson will work to “strengthen digital options” for the building society’s 14,000-plus members.
MoneyGram names Gary Ferrera as new CFO
Ferrera succeeds the retiring Larry Angelilli, who has served for nearly a year in the role.
Dutch lender BridgeFund taps Mambu for core banking upgrade
BridgeFund will leverage the platform to “expand its account volumes and product offerings”.
Mastercard commits to phasing out manual card entry in e-commerce by 2030 with tokenisation, Click to Pay and payment passkeys
The payment network claims its latest technology convergence will result in “faster and safer checkouts”.
Al Etihad Payments prepares to launch new domestic card scheme in UAE this month
Network International is among the first acquirers to launch Jaywan with merchants in the UAE.
NatWest prepares to introduce GenAI-powered virtual assistant Cora+ in collaboration with IBM
NatWest will introduce the service through a “12 week pilot to address learnings and updates”.
Eurobank Cyprus overhauls legacy systems with Temenos solutions
The bank says it replaced 85% of its systems with Temenos products.
E-wallet provider Sticpay bolsters money transfer capabilities with UPI integration in India
Enabling UPI users in India to make domestic and international money transfers through Sticpay’s platform.
Oman Arab Bank debuts new direct debit solution
OAB says its customers will no longer need to write checks or manually manage bill payments.
