Sizing up the real threat of challenger banks
Challenger banks’ current profitability is almost entirely unrelated from the threat they pose to incumbents.
Innovation
White paper: Modernise core banking
How to deliver true digital customer experience.
I love what you’ve done with the place: digital transformation beyond the real estate
Stay focused on the business and don’t become too attached to the wallpaper.
Cloud security firm Netskope is dope with $168m funding
Massive round led by Lightspeed Venture Partners.
MUFG and Bradesco create Ripple-s with new cross-border payment service
Planned service between Japan and Brazil will use Ripple’s technology.
Sandbox Express steams into Singapore’s fintech station
Monetary Authority of Singapore quickly thinks up pre-defined sandbox concept.
Pay.UK seeks better data for New Payments Architecture
Calling for fintech to contribute to its “Enhanced Data” project.
Arizona’s regulatory sandbox programme puts US on competitive fintech ground
Offering a competitive operating cost environment and one of the easiest to navigate for regulations.
Russian banks to unleash first contactless ATMs
Sberbank and Russian Standard Bank launched in test mode, others to follow.
Singapore Exchange and regulator in cross-DLT settlement breakthrough
They have developed delivery versus payment capabilities for the settlement of tokenised assets.
Fintech Inn 2018: why Lithuania has enlisted the Stig
All the best bits from the largest fintech event in the Baltic region.
Singapore regulator preps $5bn for finance investment
Wants a “stronger platform for growth finance and infrastructure development”.
Avaloq’s new venture capital fund aims for fintech Avalon
Banking tech provider plans new adventures with Avaloq Ventures.
Focus Solutions unleashes wealthtech portal and hub
Hub unveiled with BITA Risk and Investment Software Limited.
Bank of England calls for payments messaging panel applicants
The panel will input into the implementation of ISO 20022.
Mirror, mirror on the wall, is Singapore’s AI fairest of them all?
Regulator wants fairness, ethics, accountability and transparency.
Moneta first Czech bank in cloud
Tested prototype of app deployment in Amazon Web Services cloud.
eToro launches GoodDollar for social good
Seeks to reduce income inequality with a new cryptocurrency.
Invisible payments: finding success in a convenience-driven market
What gives innovations staying power in the payment industry?
UK fintech and FIs get dating guide
New guidelines aim to accelerate fintech growth.
Independent Community Bankers of America launches fintech accelerator
It thought about it… then unleashed ThinkTech with the Venture Center.
Top fintech stories this week – 9 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
NY subway to accept contactless cards in 2019
US plays catch up in retail payments.
US community banks forge Alloy Labs Alliance
“No bank wants to be the next Sears.”
JP Morgan finds nice match in fintech Wematch
Trading tech firm Wematch will join in-residence programme.
Oracle and B-Hive call for fintech start-ups
Duo launches six-week programme for mature start-ups and scale-ups.
Westpac invests $800m in digital revamp
Includes migration of 100 apps onto cloud infrastructure platforms.
BBVA delivers first syndicated loan on blockchain
BNP Paribas and MUFG also participated in the deal.
IBM shows off three new bank clients
Bank Zero, Caixa and KB Kookmin are all up for IBM Z or LinuxONE.
UniCredit to launch new customer engagement tool from Meniga
Prototype has now been built and will go live in two months in Serbia.
A two-speed journey: the impact AI and robotics will have on financial markets
Emerging technologies have the potential to revolutionise existing processes.
Emirates NBD debuts API sandbox
Says it’s the first bank in the UAE to introduce such a platform.
Crypto bank Nebeus raises £1m funding
Plans for expansion into Europe, Asia and South America are underway.
SPD Bank and Temenos unveil innovation lab
Partnership will enable Shanghai Pudong Development Bank to use APIs.
Webinar: Customer-centric transformation in digital account opening
Join us on 27 November for a live webinar with OneSpan!
RBS tests its SME digital entity Mettle
New standalone entity is looking for early access applications.
London-based bank Dozens about to launch
Previously called Project Imagine.
First blockchain securities exchange to launch in Mauritius
Mindex, GMEX Group and HYBSE team up for new platform.
N26 and Rasa to launch extra languages and features for its chatbot
N26’s chatbot is already live in English in both Facebook and Salesforce.
Ahli United Bank signs up for retail payments with AFS
Utilising Android as PoS.
