Spendesk partners Adyen to enhance spend management workflows for SMBs
The “long-term” partnership will support Spendesk in launching new products next year.
Partnerships
Garanti BBVA International taps Worldline for instant payments solution
The cloud-based solution will ensure GBI’s compliance with the EU’s Instant Payments Regulation.
BioCatch pilots fraud intelligence network with cohort of Aussie banks
Participating banks include NAB, ANZ, CBA, Suncorp Bank and Westpac.
Central Bank of Brazil to pilot CBDC trade finance solution with Chainlink, Microsoft, 7COMm and Banco Inter
The solution will be based on Chainlink’s cross-chain interoperability protocol.
Nationwide taps HPE GreenLake for private cloud deployment
The migration of its on-premises IT estate is expected to cut Nationwide’s IT operating costs by 30%.
Beacon unveils new digital wallet offering built for immigrants to Canada
Beacon’s new service will support bill payments, salary deposits, Interac e-Transfers, and more.
SEB Embedded taps Thought Machine to power BaaS offering
SEB Embedded has delivered its first solution for Swedish supermarket chain Hemköp.
Market Harborough Building Society launches financial education app with Doshi
The building society has used Doshi’s white-label app to launch the new offering.
Powering a new era of digital transformation with Huawei at GITEX Global 2024
Huawei showcased its latest innovations in financial technology at GITEX Global 2024.
Mexico’s Albo partners Paymentology to expand digital payment services
Albo plans to launch a new initiative with Mastercard to boost digital payments in Mexico.
CommonWealth Central Credit Union taps Jack Henry for tech upgrade
The $632 million-asset credit union is set to launch new products with Jack Henry’s core platform.
Network International inks referral agreement with NBF for corporate omnichannel payment solutions
The deal will enable National Bank of Fujairah to offer Network’s digital payment solutions to its corporate clients.
NatWest Group expands partnership with NCR Atleos for self-service banking upgrade
NatWest will modernise over 5,500 ATMs across the UK through the enhanced partnership.
Vietnam’s Maritime Commercial Joint Stock Bank partners Backbase for Engagement Banking platform
MSB is Vietnam’s first joint-stock commercial bank and currently serves 5.5 million customers.
Demystify Podcast: Demystifying legacy modernisation with Irene Sandler, CMO of Mechanical Orchard
In this podcast episode, Dave and Dharm chat with Irene Sandler, CMO of Mechanical Orchard.
Myanmar’s Wave Money taps Amdocs for Digital Financial Services platform
Wave Money’s WavePay digital wallet currently has over 11.5 million users.
Gate City Bank goes live with Alkami’s full suite of digital banking solutions
The selection includes Positive Pay for ACH reporting and new account opening capabilities.
Bank of Valletta taps Profile Software for investment management solution
Malta’s largest and oldest fiancial institution will deploy Profile Software’s Axia Suite.
Prodigy Finance inks $310m funding facility with US DFC for cross-border student loans
Prodigy previously sourced a $250 million facility with the DFC in 2020.
Visa rolls out flexible payment solution in US and UAE with Affirm and Liv
The offering has been available in Asia for over a year with the launch of Olive Card in Japan.
Argentinian fintech Ualá lands $300m Series E funding round at $2.75bn valuation
The company claims that its app now has 8 million users across Argentina, Colombia, and Mexico.
LSEG taps IDVerse for AI-powered ID verification solutions
LSEG will deploy IDVerse’s Zero Bias AI offering alongside its Deepfake Defender AI solution.
Zand Bank partners Alibaba Cloud and Ant Digital Technologies to drive GenAI adoption in UAE
The partnership seeks to “accelerate the applications of generative AI, blockchain and payment technology”.
Cetera Financial Group use case: ensuring quality amid rapid expansion
Richelle Paulsen discusses the role of QA in supporting Cetera’s organic and M&A growth.
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.
Modifi raises $15m, inks MoU with Japan’s SMBC to support SMEs with cross-border financing solutions
Modifi and SMBC will seek to assist Asia’s SME exporters in expanding international trade operations.
Travelex launches “major refresh” of 600 ATMs with NCR Atleos
The Travelex ATM network is to be replaced with NCR SelfServ and NCR Vision.
Ecobank teams up with Nium to enable cross-border payments across 35 African markets
The partnership will embed Nium’s real-time payments infrastructure into Ecobank’s banking operations.
Video: Codat at Money20/20 USA 2024 – Innovation in B2B payments
Codat’s Joey Rault and JP Morgan’s Jesse Schwarz discuss the evolving B2B payments landscape at Money20/20 USA.
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.
Two US credit unions go live with Mahalo Banking’s Thoughtful Banking platform
Rocky Mountain Credit Union and UnitedOne Credit Union have gone live with the platform.
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.
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.
Ohio’s Kemba Credit Union taps Alkami for digital banking platform
The credit union has gone live with Alkami’s platform to enhance engagement, personalisation, and fraud prevention.
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.
Video: Form3 at Money20/20 USA 2024 – The evolution of instant payments
FinTech Futures chats with Dave Scola, CEO of Form3, about instant payments trends in the US.
UK banks and mobile operators take on APP fraud with new Scam Signal solution
Delivered via API, Scam Signal enables banks to spot correlations between mobile data and fraudulent transfers.
MAS and Banque de France trial post-quantum cryptography to secure financial communications
The tests paired Microsoft Outlook with PQC plugin algorithms.
