Hong Leong Bank launches mobile-based junior account
The app is designed for use by both parents and children.
Innovation
Standard Chartered signs multi-year cloud deal with Microsoft
The bank is shifting a series of systems to the cloud by 2025.
Regtech firm kompany raises $6m in venture funding
The firm plans to use its new cash to develop KYC solutions.
Containers and PCI DSS: 10 requirements financial services must follow
These requirements can present a challenge to financial services now leveraging containers.
What the Fintech? Episode 11 | Financial inclusivity in Russia
The CEO of Yandex Money talks about financial inclusivity in Russia.
Canadian neobank Koho seeks new CTO
Kris Hansen heads back to venture capital backers to build “new adventure”.
Islamic banks take the lead in adopting fintech solutions
No part of the world has really taken this matter to the next level quite like the Middle East.
After divorce comes engagement for banks
For a bank to engage with a customer, they need to go beyond the initial request.
Automated accounting firm Candis raises €12m in Series B funding
Candis plans to use its new funds to expand within Europe.
BIS and HKMA launch trade technology challenge
New scheme kicks off with approval from a handful of Chinese regulators.
IBM, Mizuho and MUFG join Japanese quantum innovation consortium
The Quantum Innovation Initiative Consortium aims to enable cooperation between sectors.
London’s start-up co-working space TechHub goes bust
Founder Elizabeth Varley puts the business’ collapse down to COVID-19.
New US challenger bank Simba plans to support migrant communities
Simba is built for those “who came to the US seeking financial freedom”.
Bank of England picks Accenture as RTGS renewal partner
Accenture comes out on top of a public procurement process.
Video: Top fintech stories this week – 31 July 2020
FinTech Futures’ weekly news round-up.
Smart guide: How voice technology can protect your bank
To remain compliant and mitigate risk, voice tech should represent a core component of financial institutions’ regtech stack.
An executive’s guide to real-world AI – lessons from the front lines of business
The real-life stories in this guide, including from Capital One and Discover, demonstrate that AI is within reach of all businesses.
Irish fintech CreditLogic raises €2.4m in seed funding
Lending firm to put new cash towards product development.
BBVA collaborates with Fujitsu on quantum tech proof of concept
Spanish giant thinks quantum will be key to industry future.
Venture capital firm Ribbit plans $600m fintech Spac
Bow Capital Management is also aiming to raise $350m for a tech focused Spac.
TBC Bank launches in Uzbekistan with Capital Banking Solutions
Georgian bank expands its horizons with new digital venture.
Report: The future of digital wealth management
A new FinTech Futures report examines the future of wealth management in a digital era.
Applications for FCA’s sixth regulatory sandbox drop more than 30%
Last year, the sandbox recieved a record 99 applications.
Quantexa raises $64.7m in Series C funding
The anti-fraud AI firm has raised $90m to date.
A look inside Barclays’ fintech accelerator Rise
FinTech Futures sits down with Magdalena Kron, who leads Rise London’s team.
How automation can help insurers build resilience and rebound stronger from COVID-19
It’s a case of ramping up the automated underwriting footprint for the most simple, homogenous policies.
Swift names Nick Kerigan as new head of innovation execution
Kerigan was previously the managing director for Future Payments at Barclaycard.
White paper: Crypto-of-things for securing identity
The latest in key security innovation and the possibilities for enterprises looking to go passwordless hassle-free.
Singapore API firm Percipient raises $5m
The fintech plans to boost the deployment of its TWINNTM system.
Singapore FinTech Association launches new innovation lab
The Nexia InnoLab will connect start-ups with local businesses.
UK government launches review to boost fintech sector
The review intends to establish priority areas for industry, policy makers, and regulators.
VTB Bank launches “robot factory”
It plans to introduce 60 digital employees by 2021 & 250 digital employees by the end of 2022.
PayTech Awards 2020 – call for judges
Join our all-star judging panel!
From open banking to open finance
It’s only in 2020 that we see the quality, reliability, and range of APIs connecting to accounts that realise the regulators’ vision.
How fintech is transforming financial management capabilities for small businesses
Most business-facing fintech tools have adopted usability conventions from consumer-facing apps.
Video: Top fintech stories this week – 17 July 2020
FinTech Futures’ weekly news round-up.
Webinar: The bottom line – simplifying digital evolution in financial services
Learn how to be be competitive, fast and secure – and the technologies to underpin the digital journey.
Five Spanish banks complete blockchain POC for interbank payments
The platform has programmed more than 20,000 instant credit transfers.
Banks must deploy AI with urgency to save SMEs
Projects that would normally take months need to be delivered in days.
Monese and Paysafe sign digital banking partnership
Monese customers are able to use Paysafecash with their accounts.
