Poland’s digital banking provider Efigence talks private over public cloud
“Banks don’t want to invest in infrastructure when they don’t need it,” says CTO.
Software-as-a-Service/SaaS
Achieving reconciliation maturity will be easier in the decade of data
Financial professionals feel more comfortable entrusting their data to the cloud.
Three Irish credit unions sign for Temenos’ banking tech
Capital Credit Union, Credit Union Plus and Tullamore Credit Union sign for Temenos’ tech.
Service models: The future of fintech
FinTech Futures talks to two BPC senior VPs about the company’s new processing business.
Fintech M&A: Prioritising growth and resilience
There is still runway for further consolidation.
Goldman leads LumApps $70m Series C funding
The French start-up hits $100m in total funding.
Banco Sabadell kicks off $1bn hybrid cloud transformation with IBM
Spanish giant signs cloud services extension with Big Blue.
Two UK credit unions live on TCS Bancs
TCS confirms Voyager Alliance and RetailCUre deployment of cloud-based Bancs.
AI-powered pension solution Abaka raises $6.5m in Series A
The fintech says it’s “one of the biggest” investments for the pensions and retirement space.
BNY Mellon connects custody capabilities with SimCorp to improve data transparency
BNY Mellon and SimCorp expect mutual global clients out of the partnership
MoneyLive 2019: Here Mobility to help banks react to Uber and Grab’s financial play
The firm is offering a white label mobility solution to banks.
Business payments platform Bill.com set to raise $100m in IPO
Underwriters listed include Goldman Sachs, BofA Securities and William Blair.
Lendtech firm Snapdocs raises $25m in Series B funding
Snapdocs claims to power 10% of US mortgage transactions.
Investment firm Castle Trust to become UK challenger bank
The firm calls it the “natural next step”.
Immersive Labs lands $40m investment round, opens Boston office
The start-up sees clear demand for cybersecurity support in North America.
Clearpay helps Marks & Spencer tap millennial generation
The paytech charges the merchant rather than the consumer.
Israel’s anti-fraud fintech Riskified reaches unicorn status with $165m fundraising
The round was led by General Atlantic.
Backbase Connect 2019: Backbase’s CEO says its biggest challenge comes from its customers
Banks need to fully commit to a “neo-reality” digital transformation.
Backbase Connect 2019: How Backbase built a digital bank in 47 minutes
From an uncustomised template to a fully-customised, integrated banking app with 13 mins to spare.
Symitar’s Episys gains two new credit union customers
Peoples Advantage Federal Credit Union and Century Credit Union to deploy new core system.
IBM launches “world first” financial services public cloud
Big Blue is joined by Bank of America as first partner and collaborator.
Backbase Connect 2019: Backbase challenges Banco Santander’s €20bn digital spend
The digital banking firm says it will build a digital bank in one hour.
Santander splashes £350m for majority stake in Ebury
The bank’s 50.1% majority stake will put £70 million towards Ebury’s expansion.
End-to-end innovation in digital debt management
We speak with Spyros Retzekas, COO, about what’s helped the business thrive.
Uber relaunches credit card with Barclays, drivers get real-time cash flow
Uber has rolled out its financial product line Uber Money.
Transbank chooses AEVI to overhaul its in-store checkout for Chile’s merchants
The bank support firm wants to make integrations easier for merchants.
Head above the clouds with Deepak Gupta
“Every mid-sized and large bank knows they have to offer RTP.”
Moving from on-premise to destination to distributed platforms and networks
Most efforts to digitise global trade finance have been unsuccessful.
Temenos picked by Danish challenger Lunar to fight financial crime
Temenos says it was chosen to “address stringent regulatory demands”.
A bird’s eye view of cloud and the payments industry
The sky is the limit for cloud and Volante.
Contactless charity donations start-up GoodBox raises £1m
The funding is part of a combined Series A £2.3 million.
Old Mutual plans to move 1,000 applications to AWS cloud
South African financial group makes strategic cloud decision
Unigestion migrates to the cloud with SimCorp Dimension
Asset manager transitions from on-premises to an outsourced model.
Temenos signs core banking deal with Maltese challenger Laskaris Finance
Laskaris will serve high-net-worth individuals and corporate clients.
Standard Chartered Bank tackles reporting restrictions with BearingPoint
The new solution covers more than 130 jurisdictions.
UK fintech Kantox partners with Citi Bank for FX solution
Kantox will deliver a “customised solution” for the bank’s FX clients.
Banking Technology October 2019 issue out now
Lessons from Africa.
Swedish challenger bank PFC goes live on Mambu technology
Mambu banking engine gets green light 10 months after launch.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
HSBC deploys industry first automated AML system
New software developed by AI firm Quantexa.
