Video: Top fintech stories this week – 03 February 2020
FinTech Future’s weekly news round-up.
Retail Banking
From data to decisions: The rise of AI in retail banking
But first, banks need to de-silo their data and create a single data universe.
Bank Assafa goes live on iMAL core banking system
Moroccan bank goes live after 18-month implementation period.
CIMB Bank Philippines deploys Jumio authentication tech
Its mobile app will integrate “AI-driven” Jumio identity verification technology for its KYC.
OakNorth to deploy lending platform for Dutch lender Oimio
Newly-launched firm aims to help SMEs with loans of €1-10 million.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
EXCLUSIVE: TCS to power Israeli digital bank with debut platform offering
Unnamed new challenger will use TCS for its entire tech stack.
Travelex puts money transfer systems online after cyberattack
A majority of the firm’s services remain down.
How FIS developed its “evergreen” core banking system
FinTech Futures speaks to Andrew Beatty of FIS about its new platform.
Unleashing the untapped potential of Latin America with Cardpay
With offices situated in Mexico City, Sao Paolo and Bogota, Columbia.
Kenya’s Standard Investment Bank plans $100m FX-focused fund
Mansa X as the fund is known, returned an average 24% and closed at $3 million.
Video: Top fintech stories this week – 24 January 2020
FinTech Future’s weekly news round-up.
When it comes to supporting the underbanked, the best solution might be a little old school
Community banks and the underbanked need one another.
BBVA inks deal with Nok Nok Labs for FIDO authentication
Spanish giant looks to improve mobile channels.
EXCLUSIVE: Oracle wins new core banking deals in Sudan, Somalia & Libya
Oracle has won and extended plenty of African deals in the past few months.
Pepper CEO: Banks should provide tools for users’ financial empowerment
Michal Kissos Hertzog speaks to FinTech Futures.
Belgian banks team up to launch shared ATM network
Four major banks want to create “brand neutral” ATMs.
The Philippines set for first digital-only bank as Tonik gets green light
Tonik Financial will set up the island nation’s first online bank.
Snoop picks OpenWrks to power its open banking
OpenWrks will connect Snoop to its customers’ current accounts and credit cards.
Tandem Bank to charge customers monthly membership fee
The bank will introduce a £5.99 monthly fee in March.
Sopra Steria completes acquisition of Fidor Solutions
Sopra on the hunt to boost its digital banking product portfolio.
PSD2 in 2019: A year of yet more delays
Ultimately, PSD2 promises to transform the financial services payments landscape, but when?
A 2019 challenger bank review
B-North’s COO takes a look back at what 2019 had in store for banks.
Challenger banks in the Middle East
Featuring challenger banks in the UAE, Bahrain, Saudi Arabia and Israel.
Banking’s biggest core go-lives in 2019
Always exciting, sometimes terrifying, here are the biggest ‘go-lives’ in core banking 2019.
OP Financial Group signs Minna Technologies to advance open banking
Finland’s largest financial group calls the partnership “the right match”.
2019’s top core banking deals
The core deals which made waves this year, summarised just for you.
ANZ overcharges 3.4 million customers, only 30% paid back
One million customers have been reimbursed so far with an average of $60 each.
How the Grinch stole my identity: Three tips for fraud prevention this Christmas
As many as 8% of US consumers are affected by identity fraud at Christmas time.
Metro Bank’s founding chairman Vernon Hill steps down as non-exec director
Hill steps down from the position ahead of the 31 December 2019 date.
Metro Bank opens SME registration for on-demand cash service
Metro Bank aims to help business users save time.
Video: Top fintech stories this week – 13 December 2019
FinTech Future’s weekly news round-up.
AxiomSL joins Temenos MarketPlace
Vendor will place its ControllerView solution on the Temenos catalogue.
Mexican challenger Fondeadora nabs $2.5m in funding
Neobank seeks to reach underbanked with smartphones.
Banking Technology December 2019 / January 2020 issue out now
A year in review.
Jumia to close Rwandan business
It comes just weeks after it exited Cameroon and Tanzania.
Deutsche Bank plans €100m streamlining project for retail ops
German lender continues its dramatic savings plan.
The 20th Banking Technology Awards winners have been announced
It was a brilliant celebration of excellence and innovation in the banking industry.
US challenger Unifimoney launched by former Samsung Pay exec
The new bank is aiming for a 2020 launch.
UK regulators take aim at banks’ IT failures
The FCA, PRA and Bank of England have published a paper on operational resilience
