Intesa Sanpaolo signs Pelican for self-learning sanctions solution
Italian bank aims to reduce false positives with new software
Open Banking
Start-up to democritise Mexican banking raises largest funding round in country’s history
The investment is $7.5 million in equity and $50 million in debt.
UAE’s first digital business bank launches
E20 has been designed for SMEs and entrepreneurs.
Santander UK replaces 13 legacy systems with nCino technology
UK bank aims to meet customer needs with cloud-based system.
Sibos 2019: Watch out for Asian big techs like Alipay, Accenture warns banks
Bigtechs have been quietly accumulating lots of data.
Daily News at Sibos 2019: Day Four
Download your copy of the day four edition today!
Monzo scraps Monzo Plus subscription service, replaces development team
UK challenger presses the reset button on five-month old premium offering.
Sibos 2019: SEB launches new environment-friendly product for Nordic SMBs
Th trend is shifting from last year’s focus on renewable energy.
BNG Bank heads to the cloud with Wolters Kluwer OneSumX
Dutch bank believes Wolters Kluwer was the “natural choice”.
Sibos 2019: Aligning compliance with real-time payments
We can do a lot more in the fraud space – sharing utility and data between banks.
Daily News at Sibos 2019: Day Three
Download your copy of the day three edition today!
Atom Bank opts for Google Cloud
Challenger selects Google’s platform for product development
Portugal’s largest bank signs Tink to underpin its new app Dabox
Caixa Geral de Depósitos’ (CGD) new app will be rolled out to four million customers.
Sibos 2019: Embracing payments change will keep banks in fintech race
Schemes like Request to Pay will change the game, says panel.
Sibos 2019: “Digital transformation will happen quicker in LatAm than Europe”
McKinsey predicts “the spike” will hit soon.
BIAN takes aim at core banking modernisation with new initiative
It wants to create an efficient and effective approach to core change.
Sibos 2019: Visa’s digitisation tries to avoid “immediate displacement” of cash
Phalen admits it’s “a shame” that US firms are still cash-heavy.
National Bank of Canada chooses CGI’s All Payments platform
The bank is modernising its payments ecosystem.
Challenger bank Pepper creates new app for young investors
The mobile-only challenger bank offers Israel’s first fractional shares trading app.
Sibos 2019: Banks face existential threat from fintechs “willing to lose money”
Industry is “misjudging” competitive risk in payments.
Sibos 2019: Interconnection will mean more flash crashes in FX
“You ain’t seen nothing yet,” says UBS.
Sibos 2019: When do digital ecosystems stop performing?
Speakers debated whether digital ecosystems are inclusive.
Digital transformation and platformification in a real-time world
How a hybrid cloud future beckons for the banking industry
Nationwide invests in BankiFi to boost new business current account
Nationwide has invested in BankiFi using its £50 million fund.
Sibos 2019: Swift reveals 41 second European payments pilot
The payment traveled from Singapore to Germany.
Bridging the divide: ensuring financial inclusion for SMEs globally
There were 5.7 million SMEs in the UK in 2018 contributing 47% of revenue to the UK economy.
Commerzbank to cut 4,300 jobs, close 200 branches and sell subsidiary
Following this, the bank plans to hire 2,000 new positions.
Deutsche Bank turns German fintech Deposit Solutions into unicorn
The bank bought a 4.9% stake in the fintech.
Stripe hits $35 billion valuation on back of fresh funding
Stripe’s value has increased 56% since the start of 2019.
Deutsche Bank joins Interbank Information Network
The blockchain-based platform has more than 300 member banks.
Velocity Credit Union taps Fiserv for DNA core processing system
Velocity chooses Fiserv “to remain competitive”.
FCA review finds investor happiness with MiFID II research unbundling
MiFID II is improving asset managers’ accountability over costs.
US bank FNBT chooses Finastra’s Fusion Phoenix core technology
The bank also bought 11 other Finastra solutions.
Barclays and JP Morgan Chase invest in TouchBistro
TouchBistro leads “a technology renaissance” for restaurants.
Mastercard’s Vocalink release payments report: Look beyond London
87% of over 75’s still don’t use banking apps.
Caisse des Dépôts chooses Murex for its asset management
Murex’s MX.3 platform pulls every part of business into one.
EBA Clearing launches request to pay solution for Europe
It’s “the missing piece of the puzzle” for financial companies.
United Bank of India launches voice banking
FSS offers the solution in partnership with Amazon.
ING reveals crypto report: The utility phase
Until crypto is useful, mass adoption will not follow.
Nationwide invests in digital lettings agency Bunk
The investment will help Nationwide’s campaign to improve the rental market.
