Nordic bank DNB automates chat traffic with Boost.ai virtual agents
The bank says deploying Boost.ai’s solution has led to an increase in customer satisfaction scores.
Partnerships
Decentralised paytech Clowd9 taps Netcetera as payment security provider
Netcetera’s 3D secure server solution reduces the risk of non-authenticated transactions.
Axis Bank taps Open to launch digital current accounts for businesses
Axis Bank says its new product will help save customers time and effort with a fully digital authentication process.
Saudi Central Bank debuts open banking lab to boost innovation
The Open Banking Lab will provide a technical testing environment to ensure compatibility with the country’s Open Banking Framework.
Akulaku secures $200m from Japan’s Mitsubishi UFJ Financial Group
The funding will support Akulaku’s anticipated growth as it looks to provide banking services across Southeast Asia.
US agencies outline risks of crypto to banking system
In a year marked by “significant volatility”, the agencies highlight a number of risks banks should consider.
Cross-border paytech Cornerstone sheds e-money subsidiary in £600k deal
Cornerstone CEO James Hickman says the deal “reflects the value of an e-money registration as well as our platform”.
Welcome.Place, Enfuce, Epassi, Visa partner for refugee prepaid card pilot
The goal is to provide a service that assists 50,000 Ukrainian and other refugees by the end of 2023.
2022: Top five payments stories
FinTech Futures takes a look back at some of the year’s top developments and stories in payments.
Ten fintech predictions for the year ahead
2023 will be another year of fintech innovation and growth.
2022: Top five core banking deals
FinTech Futures recaps five of the top core banking deals of 2022.
Caixa Geral de Depósitos taps Wolters Kluwer for regulatory compliance
CGD, Portugal’s largest bank, will leverage the Finance, Risk & Regulatory Reporting (FRR) service from Wolters Kluwer.
Splitit and Worldline ink North American BNPL deal
Initially, Worldline plans on integrating Splitit into its North American processing platform before expanding into other geographies.
Jordan Kuwait Bank taps Codebase for digital onboarding and instant credit services
The bank will utilise Codebase Technologies’ Digibanc platform.
Mechanics Cooperative Bank selects Finastra’s Payments To Go solution
The bank is expanding its partnership with Finastra to introduce new business payments services.
NetGuardians tapped by Bank of Africa for fraud prevention software
NetGuardians says building out an “anti-fraud culture” is essential to the growth of pan-African banking.
The What the FinTech? podcast | Season three’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
What the FinTech? | S.3 Episode 20 | 2022 in review
In the final episode of the year, we take a look at some of the biggest fintech trends of 2022.
Six actions CISOs should consider for stronger compliance and risk mitigation
Banks face increasing regulations and compliance requirements as the cyber landscape grows more complex.
CWB expands Brim Financial partnership with new business credit card offering
Customers will have access to Brim’s full suite of product capabilities powered by the fintech’s tech platform.
EY launches London-based incubator to boost UK fintech scene
The fintech lab, City AM reports, forms part of EY’s “ambitious plans” to grow its fintech business.
GCC fintech Now Money taps ThetaRay for AML Sonar solution
Now Money provides mobile banking services to the financially underserved, including low-fee cross-border remittances.
Bpifrance taps Thought Machine for Vault Core banking platform
Bpifrance is the first bank in France to deploy Thought Machine’s Vault Core platform.
Swiss digital lender Bob Finance selects Mambu for cloud banking platform
Bob Finance says it needed a platform “that meets internal and external partner standards”.
Bank of Lithuania taps Regnology for supervisory tech solutions
Regnology will help the central bank transform its data management capabilities and regulatory reporting platform.
Trovata partners JP Morgan for corporate liquidity solution
Trovata will host JP Morgan Asset Management’s Morgan Money investing application.
Circle scraps proposed SPAC deal with Concord
Termination of the merger was approved by the board of directors of both Concord and Circle.
Canadian fintech Koho taps Duco for data reconciliation platform
Duco’s platform will allow Koho to cut costs, improve data quality and lower its operational and audit risk.
Microsoft buys 4% stake in LSEG, pair to develop data analytics solutions
LSEG has also committed to a $2.8bn cloud-related spend with Microsoft over the life of the 10-year agreement.
Teneo partners NatWest for A2A open banking payment solution Payit
Teneo will leverage account-to-account solution Payit to pay dividends to those affected by insolvent firms.
UAE’s National Bonds taps Azentio for digital Islamic banking solution
Azentio says its iMAL platform will enable National Bonds to roll out Islamic products and services faster.
What the FinTech? | S.3 Episode 19 | Canada’s evolving banking landscape
In this episode, we’re joined by Amreen Sodhi, head of digital product, payments and loyalty at Scotiabank.
Collaboration and partnership will improve money movement for the unbanked
Digital platforms can be the glue to help facilitate collaboration, reduce friction and minimise distribution costs.
Brazil’s C6 Bank taps Thought Machine for core banking technology
The bank will be powered by Vault Core, Thought Machine’s cloud-native core banking platform.
FinTech Futures: Top five stories of the week – 9 December 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Swiss neobank Alpian partners Napier, goes live on Temenos Banking Cloud
The bank will deploy the Napier Continuum financial crime compliance platform.
Getting banked: financial services and the US cannabis industry
We chat with Michael Beird of Infused Banking about how banking is changing for US cannabis businesses.
Bevan Money taps Sopra Banking Software for core banking tech
Bevan Money will utilise SBS’ Sopra Banking Platform technology to power its offering.
Investec taps Surecomp for its digital trade finance tech
Surecomp’s tech will support Investec’s newly formed trade finance business.
Deutsche Bank partners Nvidia to advance the use of AI in financial services
The two firms aim to develop applications that will improve risk management and boost efficiency.
