NatWest online banking glitch exposes account details to wrong customers
Customers could see “bank details, balances and transactions” of other customers.
Outsourcing
TransferWise delivers cheaper international payment service to US
The service gives customers access to the real exchange rate.
Danish fintechs partner to set new standards for accounting industry
Businesses can see transactions in seconds rather than days.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Fibank, Mastercard and Garmin launch pay watch
The tech enables contactless POS and ATM transactions.
Sibos 2019: “We don’t get rid of anything in this industry”, says Fiserv director
Fiserv talks on the evolution of payments.
HSBC deploys industry first automated AML system
New software developed by AI firm Quantexa.
Intesa Sanpaolo signs Pelican for self-learning sanctions solution
Italian bank aims to reduce false positives with new software
Sibos 2019 video: Simon Wilson, director of payment solutions at Icon Solutions
Here, he speaks about the firm’s new collaborative payments platform.
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.
Bolero ties up three-way trade digitisation deal with CTBC Bank and Everline
Deal is part of “an ongoing commitment to digital innovation.”
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: “Blockchain is not a magic wand,” says Euroclear
The panel agrees blockchain is not a ‘one size fits all’ solution.
Sibos 2019: MUFG “ready to work with fintechs”
MUFG reveals it already has its eyes on some fintechs.
Atom Bank opts for Google Cloud
Challenger selects Google’s platform for product development
Centier Bank’s new mobile app Billinero live on Nymbus tech
Centier outsourced the customised development and full operations of its new mobile app, Billinero.
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.
Fundbox raises $176m from Allianz X and GMO Internet
Fundbox can offer businesses greater cash flow predictability.
National Bank of Canada chooses CGI’s All Payments platform
The bank is modernising its payments ecosystem.
SmartStream unveils AI-driven instant reconciliations tech
It is the only truly instant reconciliations solution currently available.
Sibos 2019: Banks face existential threat from fintechs “willing to lose money”
Industry is “misjudging” competitive risk in payments.
FICO fights financial crime with Falcon X
A unified environment for the detection and investigation of both fraud and financial crimes.
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.
Sibos 2019: Regulation isn’t enough to trust the cloud
71% of listeners said they thought the cloud should be regulated.
Commerzbank to cut 4,300 jobs, close 200 branches and sell subsidiary
Following this, the bank plans to hire 2,000 new positions.
Latitude Financial preps $2.5bn IPO
It will be the largest IPO in the country since 2014.
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.
United Bank of Africa partners with fintech Ovamba Solutions
The alliance will provide Cameroon businesses with new tradetech.
Velocity Credit Union taps Fiserv for DNA core processing system
Velocity chooses Fiserv “to remain competitive”.
Insurtech Cover Genius forms ‘first of a kind’ partnership with ShipStation
The partnership will effect UK, Canadian and Australian merchant customers.
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.
