BCP to invest $650m in cloud modernisation drive with Microsoft and Kyndryl
BCP will use Microsoft Azure to create a hybrid computing environment in collaboration with Kyndryl.
Outsourcing
Interview: Jason Cao on Huawei’s fintech frontier and digital transformation innovation
Cao details the best strategies for digital amid a “highly challenging time” for the global banking industry.
Solaris sells Engage business to UK fintech Suits Me
Suits Me’s CEO says the migration of Engage customers has “already started and will be finished mid-January 2025”.
Banking Technology Magazine November 2024 issue out now
Cover story: GOING GREEN – Why sustainable finance is vital.
FinTech Futures: Top five news stories of the week – 8 November 2024
Our pick of the top fintech news stories this week includes Bank of New Zealand, Airwallex, Griffin and more.
ICYMI fintech funding round-up: Groov, Fundcraft, VibePay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Visa backs four new African fintech start-ups as part of $1bn continental commitment
OkHi, Workpay, Oze and Orda.Africa have all received investment from Visa.
Marygold & Co UK selects Griffin to embed savings accounts into money management app
The app will launch for individuals and small businesses in the UK “later this year”.
NatWest teams up with Capco to deliver new ISO 20022-compliant Bankline Direct Digital solution
The host-to-host solution is poised to assist corporates and financial institutions in complying with ISO 20022.
Banking-Platform-as-a-Service provider Monument Technology makes senior tech and sales hires
The new CTO joins from SC Ventures, while the CCO comes directly from Mambu.
FE fundinfo snaps up Matterhorn Reporting Services to boost AIFMD reporting capabilities
The deal is FE fundinfo’s third acquisition this year.
BCA Syariah goes live with Thought Machine’s Vault Core
BCA Syariah is a subsidiary of Bank Central Asia (BCA), one of Indonesia’s largest banks.
Saldo Bank selects Lunar’s Nordic infrastructure to streamline payments for customers in Sweden
Vilnius-headquartered Saldo Bank is the first bank to adopt Lunar’s Nordic infrastructure.
UAE-based Commercial Bank International to explore digital asset sustainability with Zumo
The collaboration follows CBI’s MoU with Abu Dhabi-based digital assets infrastructure platform Fuze in February.
Standard Bank selects Volante Technologies’ PaaS for ISO 20022 compliance
The $166 billion-asset bank has adopted the vendor’s PaaS and embedded pre-processing solutions.
Airwallex reportedly in talks over fresh $200m investment at new $6bn valuation
Airwallex last raised $100 million through a Series E extension two years ago at a valuation of $5.5 billion.
Digitising mutuals: how building societies can use next-generation tech to transform the member experience
BPaaS technology can help building societies digitise while maintaining and even strengthening their core values.
ICYMI fintech funding round-up: Brightwave, Mala, UnitPlus, Parachute, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Sibos 2024: Navigating partnerships between banks and fintechs
The relationship between banks and fintechs has been an ever-evolving mix of collaboration and competition.
FinTech Futures: Top five news stories of the week – 1 November 2024
Our pick of the top fintech news stories this week includes nCino, Citi, Moniepoint and more.
October 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in October.
October 2024: Top five M&A deals of the month
FinTech Futures takes a look back at five of the top M&A deals in October.
PSP Services buys NCR Atleos’ transaction processing and card management business in Canada
PSP Services says it will incorporate the business into its HLX Unified Commerce Platform.
nCino acquires FullCircl in $135m deal
nCino previously partnered with FullCircl in 2023 to integrate its data capabilities.
October 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from October.
Citi pens multi-year cloud and AI tech modernisation deal with Google Cloud
Citi says it is migrating multiple workloads and applications to Google Cloud as part of the collaboration.
New digital wallet Kuady launches in several LatAm markets powered by Mambu
The Kuady digital wallet has recently become available in Argentina, Chile, Mexico, and Peru.
Interface.ai emerges as “most valuable AI company in banking” with Avataar-led $30m funding round
Interface.ai provides pre-trained agentic AI solutions specifically tailored to community banks and credit unions.
October 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
First Carolina Bank snaps up BM Technologies for $67m
Following the deal, BMTX will retain its name and will be led by current president and CTO Jamie Donahue.
Canada’s Central 1 announces plans to wind down its digital banking business
The company says it will transition its digital banking clients “to one or more alternative digital banking providers”.
Wealthsimple launches in-app travel eSIM powered by Gigs
The offering operates as part of Wealthsimple’s new lifestyle rewards programme.
Gearing up for the bargain battle
Core banking modernisation can be done without a large migration team and without disruption to customers.
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Tompkins Community Bank deploys NCR Atleos’ ATM-as-a-Service
NCR Atleos will now handle all management and processing for Tompkins’ self-service channels.
Embedded finance provider Solaris embarks on “new chapter of transformation”, says CEO
CEO Carsten Höltkemeyer says BaaS provider Solaris is “at a pivotal moment”.
Procurement fintech Zip raises $190m Series D at $2.2bn valuation
Zip’s company value has increased 47% since its $100 million Series C last year.
Zenus Bank launches global BaaS offering following Tuum tech integration
Zenus Bank says it has integrated Tuum’s Accounts and Payments modules into its tech ecosystem.
National Bank of Fujairah expands iGTB partnership to implement eMACH.ai Cloud on Microsoft Azure
iGTB debuted its new Microsoft Azure-managed digital transaction banking solution earlier this month.
ICYMI fintech funding round-up: Abhi, Emerge, Diesta, and Axyon AI
A handy round-up of the recent funding endeavours of fintech companies across the globe.
