DigitalAPICraft signs as Google Cloud vendor and appoints Marco Tedone as CTO
Marco Tedone, the firm’s new CTO, spent almost 12 years leading API strategy for HSBC.
Partnerships
US Treasury Department enlists JP Morgan for account validation services
The department claims to have suffered $247 billion in financial losses last year due to “improper payments”.
Atom Bank taps climate tech firm Kamma to evaluate mortgage book emissions
Kamma’s tech will provide a “deep review” of the climate impact of Atom’s mortgage and lending activities.
GoTyme Bank taps Nice Actimize to fight financial crime
The bank aims to leverage Nice Actimize’s AI and analytics solutions in order to prevent financial crime and fraud.
PayTech Awards USA 2023 winners announced
Celebrating exceptional achievements and talent in the US payments industry.
XYB resolves bank-building barriers with GenAI through Google Cloud partnership
XYB was launched by London-based banking services provider Monese back in May.
Standard Chartered strikes corporate multibank connectivity through Starfish Digital partnership
The bank’s new service seeks to benefit its corporate clients’ inter-bank connectivity and cash management processes.
Deutsche Börse set to take over wealthtech firm SimCorp
Deutsche Börse first announced the acquisition in April as a means of developing its investment management business.
Bahrain’s Bank ABC taps JP Morgan for blockchain-based cross-border payment service
The launch arrives in tandem with the bank’s documentary trade suite, ABC Trade.
Mercedes-Benz drives in-car fuel payments through new Mastercard partnership
Drivers will be able to complete refuelling payments via an in-car fingerprint scanner.
Solaris reportedly struggling to raise funds to fulfil a major credit card deal – FT
According to the Financial Times, Solaris is looking to raise €100m to fulfil its credit card deal with ADAC.
Lithuanian credit union group Kreda taps Amlyze for AML and compliance services
It is the fifth industry partnership for Amlyze this year and succeeds its $1 million pre-seed funding round in May.
Fujitsu launches joint trials with Hokuhoku Financial Group to explore generative AI use cases
The trials are being held with two subsidiaries of Hokuhoku Financial Group – Hokuriku Bank and Hokkaido Bank.
MoneyMasters goes live with Profile Software’s Axia Suite for digital wealth management
MoneyMasters intends to leverage the partnership to expand its services within the Caribbean region.
Bendigo and Adelaide Bank taps nCino for business banking upgrade
With nCino, the bank aims to improve efficiency and deliver a “frictionless” experience for staff and customers.
Sibos 2023: BMO taps DailyPay to offer earned wage access to commercial clients
The news was announced at the Sibos conference, which is being held in Toronto, Canada, this year.
Sibos readies the industry to unlock the full force of AI
A variety of compelling panels led the event’s narrative on one of this year’s most trending topics.
Financial super-app Curve bags additional £58m in Series C extension
The additional cash brings Curve’s total Series C funding to over £133 million.
Standard Chartered Ventures launches new BaaS fintech Audax
Audax has been designed to help banks and financial institutions accelerate their digital transformation.
Sibos 2023: “Would you like data with that?” – why ‘good’ corporate banking is now far more than just the money
We’re starting to see more FIs providing data services as part of their corporate banking offering.
Video: How Mauritius is emerging as a global financial services hub
We speak with the Honourable Mahen Kumar Seeruttun about the evolution of the financial services landscape in Mauritius.
Sibos 2023: HSBC launches new virtual card and digital trade finance solution
The UK banking giant has also announced the launch of HSBC TradePay, a document-free digital trade finance solution.
Sibos 2023: Visa and Swift collaborate to streamline cross-border payments
Through the partnership, both firms aim to provide their customers with “more choice” when sending money globally.
Romania’s Libra Internet Bank taps Temenos to modernise payments
With Temenos Payments, the bank aims to facilitate ISO 20022 cross-border payments and reporting on the Swift network.
Chase Payment Solutions enlists Gusto Embedded for payroll services
Gusto says its solution allows Chase’s payroll processing to become “significantly simplified”.
Sibos 2023: Why AI in banking is more evolution than revolution
AI is nothing new for banks, and the current hype is unsustainable.
Sibos 2023: State of play – open banking and open finance
To see real progress in open finance, it requires the industry to collaborate – a key theme of this year’s Sibos.
Sibos 2023: Cross-border payments dominate day one of Sibos with Swift-Wise partnership announced
The new partnership comes amid a host of Swift-led panels at Sibos focused on payment innovations.
Video: TD Bank at FinovateFall 2023 – The evolution of commercial banking
We chat with Chris Giamo of TD Bank about the state of play for commercial banking in North America.
Video: Piermont Bank at FinovateFall 2023 – Achieving digital acceleration
We chat with Rodrigo Suarez of Piermont Bank about how incumbents can achieve digital acceleration.
Sibos 2023: Canada’s Scotiabank taps CGI to advance payments solutions
CGI says its All Payments solution is “a tech stack based on the ISO 20022 standard” used by financial services firms globally.
Banque Delubac & Cie launches instant payments offering with Finastra
The bank can now offer financial institutions access to Europe’s TARGET Instant Payments Settlements (TIPS).
Aussie SME challenger Judo Bank taps Backbase for its engagement banking platform
By leveraging Backbase’s platform, Judo Bank aims to “create new digital experiences” for its customers.
HSBC UK taps Nova Credit for international consumer credit data
HSBC previously invested $10 million in Nova Credit’s Series B round in September 2022.
BMO seeks to modernise payment flows through Modern Treasury partnership
BMO is looking to improve high-volume payment flow management for its commercial banking clients.
FinTech Futures: Top five stories of the week – 15 September 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Bonifii’s new identity credential completes pilot with Lone Star Credit Union
The product is now expected to be offered to more credit unions and banks in the US.
What the FinTech? | S.4 Episode 15 | How Scotland is aiming to become a global fintech hub
In this episode of the podcast, we’re joined by Nicola Anderson, CEO of FinTech Scotland.
FinovateFall 2023: How can incumbent banks keep up in a rapidly evolving tech landscape?
This year’s FinovateFall conference aims to solve how incumbents can achieve digital acceleration.
Commencement Bank integrates Allied Payment Network digital payments into CSI core
The Washington-based community bank converted to the CSI core banking system earlier this year.
