Revolut taps Visa Direct for cross-border business payments
Revolut Business customers can now access instant card transfers powered by Visa Direct.
Partnerships
August 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
Florida’s Surety Bank taps Apiture to power online and mobile banking services
Surety Bank will deploy Apiture’s Digital Account Opening, Business Banking, and Consumer Banking solutions.
Cardea acquires select assets from NSCG, rebrands as Fourcore Capital
NSCG will also invest up to $25 million in Fourcore’s upcoming capital raise.
Banking Technology Magazine September 2024 issue out now
Cover story: HOP INTO THE FUTURE – Banks must turn and face the change.
Germany’s Upvest embeds Deutsche Bank’s banking infrastructure to expand its product range
Upvest will provide virtual IBANs, cash management, and FX services through Deutsche Bank.
We don’t say that sort of thing around here
Don’t just ask your vendors to explain their cost structure. Ask them to justify it.
ABN Amro goes live with CBA’s IBAS TDD software and nCino’s cloud banking platform
ABN Amro is streamlining its digital lending operations and strengthening its trade finance transaction monitoring.
Singapore’s Valverde taps Broadridge for investment management solution
Valverde will deploy Broadridge’s tech to support its recently launched Valverde ASEAN+ Fund.
MAS to commence quantum-proofing cybersecurity trials with banks “in the coming months”
DBS, HSBC, OCBC, UOB, SPTel and SpeQtral are all set to take part.
North Bay Credit Union taps Sharetec for web-based core banking solution
North Bay Credit Union will deploy the vendor’s Velocity solution.
Ireland’s PTSB extends partnership with Worldpay to expand merchant services offering
PTSB will now make use of Worldpay’s DCC, ePOS and e-commerce solutions.
Banking Tech Awards 2024 nominations deadline extended to 6 September
You now have until 6 September to submit your nominations for this year’s Banking Tech Awards!
Forum Credit Union selects Apiture for business banking digital enhancement
Forum Credit Union is going live with Apiture’s business banking solution.
Selina Finance signs five-year mortgage servicing agreement with Phoebus Software
The London-based lender will leverage Phoebus’ tech to service homeowner and HELOC loans.
Nium looks to expand presence in LatAm with new licence applications
Nium has applied for a Payment Institution licence in Brazil.
What the FinTech? | S.5 Episode 13 | Fintech start-ups and navigating the road to sustainable growth
In this podcast episode, we chat with Sam Edge of AWS about the current fintech start-up landscape.
French paytech Lemonway has “certain limitations” placed on its operations in Italy by Banca d’Italia
Lemonway says the Italian central bank has told it to “not engage new Italian partners”.
Credit Union of America boosts ATM network with NCR Atleos partnership
CUA now boasts an ATM network of over 85,000 locations across the US.
Unit secures new embedded finance partnerships with Vantage Bank and Lincoln Savings Bank
The two new deals come just months after Unit revealed it was cutting 15% of its workforce.
National Bank of Fujairah digitises corporate banking operations with iGTB’s eMACH.ai
iGTB claims the deal marks the first deployment of the cloud-managed service in the region.
JP Morgan Payments expands in-store biometric payments throughout US with PopID
The solution first made its market debut last year.
Atomic to power direct deposit switching for Texans Credit Union through Alkami partnership
Atomic’s solution is available through Alkami’s digital banking platform.
Varo Bank inks five-year issuer processing deal with Marqeta
The deal will enable Varo cardholders to add tokenised cards to their digital wallets.
HD Bank launches Vikki Digital Bank in Vietnam powered by Thought Machine’s Vault Core
The new digital-only bank is the result of a joint venture between HD Bank and Galaxy FinX.
Kuwait’s Boubyan Bank taps Temenos to modernise its core banking systems
The bank is migrating to Temenos’ core banking platform for corporate banking, retail, and wealth management.
SME-focused neobank Ampere launches card-to-card payments in partnership with Mastercard
The offering facilitates conversions in over 60 different currencies.
Shawbrook taps nCino for automated SME loan origination
The bank is also adopting nCino’s nIQ solution for AI and machine learning tools.
Bain Capital completes deals to acquire Finova and Iress’ UK mortgages business
Under BCTO’s ownership, the two entities will merge to become a single combined business.
Missouri Central Credit Union taps Bankjoy for account opening and digital banking upgrade
Missouri Central Credit Union currently manages approximately $78 million in assets.
Philippines-based fintech Mynt sees valuation top $5bn with MUFG and Ayala funding
Both MUFG and Ayala Corporation have invested $393 million each in the company.
BNP Paribas enters exclusive talks to buy AXA Investment Managers for €5.4bn
AXA says the proposed deal will “create a leading European asset manager” with total AUM of €1.5 trillion.
Bitpanda selects Solaris KYC solution for onboarding in Germany
Bankident will “enable our customers to start trading within minutes”, says Bitpanda’s Maik Brodowski.
Northeast Bank adds credit cards to commercial suite through Corserv solution
The bank is leveraging the vendor’s account issuer programme.
Texas-based TransPecos Banks selects Oscilar’s risk management tech for BaaS compliance
Oscilar has been tapped by the bank for its AI-driven AML Risk Platform solution.
Ebury reportedly appoints Goldman Sachs as it gears up for potential 2025 LSE debut
The Santander-owned fintech could list on the LSE as early as Q1 2025, according to reports.
Caribbean-based Proven Bank taps Ireland’s Fenergo for transaction monitoring solution
Fenergo says its solution is designed to reduce false positives and automate manual AML processes.
July 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from July.
Ireland’s An Post joins forces with Safecypher to combat CNP payment fraud
Safecypher’s tech tackles CNP fraud by enhancing CVV protection for card payments.
Ireland’s Payac taps Nexi for SEPA instant payments solution
Through the partnership, 1.8 million Irish credit union members will gain access to SEPA instant payments.
