Co-operative Bank’s digital arm Smile goes down for days
Smile has around 100,000 customers.
Digital
The changing landscape of banking
Choosing the right partnerships is critical to success and the right banking technology partner is crucial.
Head in the clouds
Most financial services firms have a cloud journey roadmap.
Ask the expert: how can I convince a prospect’s finance team to work with us?
The question is, how do you persuade them to sign a partnership?
Why there’s no slowdown in SaaS
How SaaS reconciliation tech can help banks to properly process and control mission-critical transactional, operational and reference data.
MAS completes multi-currency blockchain testing
The blockchain network is jointly developed with JP Morgan and investment firm Temasek.
LemonTree Software aims to disrupt back and middle-office systems
Its CCO speaks to FinTech Futures about the firm’s one-platform and auto-code approach.
Singapore’s ADBC signs MoU with Tencent Cloud
New Singapore bank plans cloud boost.
Lithuania’s central bank launches e-shop for digital collector coins
Some 4,000 digital LBCOINs will go on sale via the bank’s e-shop from 23 July.
SoFi files banking charter application with OCC
The $4.3 billion fintech wants to take another crack at banking.
Five ways it pays to go beyond ID-only verification
Identity verification serves many benefits to organisations seeking to build trust in their online channels.
Why remote onboarding is going to make or break banks
A number of onboarding steps can be automated, streamlined and simplified to deliver a better customer experience.
Why mid-sized players should embrace the direct-to-consumer model
It’s imperative for businesses to be able to help customers directly.
Video: Top fintech stories this week – 10 July 2020
FinTech Futures’ weekly news round-up.
Banking Technology July/August 2020 issue out now
Unlocking the benefits of open banking.
Paytm to buy insurance firm Raheja QBE for $76m
Raheja QBE has around 41,000 customers.
Alibaba’s Ant plans Hong Kong IPO
“It is looking at selling between 5% and 10% of its shares in an IPO,” according to sources.
Bankjoy signs up two new credit union customers
Bankjoy has announced nine new CU customers in 2020 so far.
Report: A new decade of core banking transformation
A new FinTech Futures report examining the role of core banking in the industry today.
JP Morgan drops “master” and “slave” from internal tech code and materials
Some Black tech developers have criticised this move as “performative activism”.
Sèvis Finansye Fonkoze upgrades core systems with Temenos and SG NewTech
The Haitian microfinance firm is upgrading its Temenos IBS system.
Estonian fintech Planet42 to tap South Africa’s alternative car finance market
The fintech landed €2.2 million in seed funding last month.
Square’s $55bn valuation reaches skies of major US banks
Square is $20 billion away from matching Goldman Sachs’ market valuation.
Mastercard invests in long-term fintech partner Verestro
The fintech has worked with Mastercard since 2011.
Instapay Technologies partners with Mastercard to support Malaysian migrant workers
Instapay Technologies is looking for 100,000 new users in the first year.
Liechtenstein’s VP Bank bags fintech CEO for client solutions unit
Thomas von Hohenhau is the Swiss CEO of Hamburg-based fintech Deposit Solutions.
UK challenger Monument to tap Britain’s mass affluent
The fintech has raised £10 million to date.
The Peoples Community Bank picks Finastra for new core system
Fusion Phoenix deployed at Wisconsin-based bank.
Starling Bank launches two new paid business accounts
The roll-out includes its second multi-currency account.
White paper: Three key trends driving financial services IT transformation
How financial institutions can become more customer-centric, leverage hybrid IT infrastructure, and avoid vendor lock-in.
National Bank of Pakistan modernises pool management
The upgrade “promises to set an industry standard for Islamic banking in the country”.
South Korea reports 20m subscriptions to open banking service
Figure represents a quadrupling of registrations since an October 2019 pilot.
Lending Works acquired by Intriva Capital
Intriva has bought 100% of Lending Work’s equity for an undisclosed price.
Overcoming challenges on the road to open banking success
FinTech Futures speaks to Rajashekara V. Maiya at Infosys Finacle about open banking.
How to prevent your cloud finances from sinking you during economic turbulence
Practical steps to establish and maintain a successful cloud financial management (CFM) strategy.
Introducing CRUX Digital Days – getting the crux of the tech matter
What’s shaping the financial services technology industry of today and what awaits it tomorrow?
ChannelMeter raises $4m for content creator banking service
The start-up is launching its new service ‘Creator Cash’ this month.
PBI lands €45m & acquires salary-backed loans business
The fintech was founded by ex-UniCredit execs.
Pakistani fintech SadaPay lands CTO from Indonesian unicorn Gojek
Gojek is Indonesia’s most valuable start-up.
Australian Securities Exchange delays blockchain go-live to 2022
This is the second delay for the infrastructure project.
