Australia’s banking sector gets constructive criticism
The Royal Commission has some things to say.
Retail Banking
Taking a Step towards banking for under 18s
A new mobile bank gives tools for underage banking.
HSBC, ANZ and Goldman Sachs back Bud’s $20m funding
UK-based personal finance firm backed up by big name buddies.
Starling Bank preps for Irish licence with euro accounts
CEO is in Ireland today and UK challenger bank is also gearing up for Brexit.
Goldman Sachs and Amex join Better Mortgage’s $70m funding round
US-based digital lender plans partnerships and recruitment.
Italian insurtech Yolo gets €5m with Intesa Sanpaolo backing
The firm just closed its Series A and is looking abroad.
CYBG banking shifts up a gear with Red Hat
UK bank unites digital operations on OpenShift container platform.
UK’s Metro Bank hit by SS7 attack
Known telecommunications vulnerability exploited to target bank accounts.
TSB hit by £105m loss after IT woes
“Last year was TSB’s most challenging year.”
Temenos’ Avoka finds workspaces for retail banking
First offering from Avoka since acquired by Temenos in December.
Mambu wins Orange Bank core system deal in Spain
EXCLUSIVE. It may come with a win in Eastern Europe too.
Top fintech stories this week – 1 February 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
School’s in with NatWest data academy
UK bank aims to train 1,000 workers in its first year.
State Bank of India’s customers exposed in data leakage
The bank has now secured the unprotected server.
Portuguese Banco CTT gets AML tech from Fiserv
One of the nation’s newest banks will use AML Risk Manager.
Time running out for banks’ ATM upgrades to Windows 10
Old operating systems need to get ready for deadline of January 2020.
Standard Chartered launches African digital banking phase two
Bringing its new service to four countries.
Silver-tongued Argenta launches conversational banking
Belgian bank teams with message mavens Sparkcentral and Smooch to make it happen.
Santander Spain and Raisin in open banking duet
Life is a dream. For banks and fintechs.
Revolut meets its perfect ClauseMatch
The fintech is upping its regulatory game.
Monzo prepares digital receipts with Flux
As the challenger finds fintech partners for its marketplace.
M1 Finance takes on banks with new checking account
Called M1 Spend, it integrates within the US firm’s current app.
Tencent-backed WeBank eyes Australian expansion
Chinese digital bank is applying for trademarks Down Under.
Spanish neobank Bnc10 readies for launch
It’s already made its waiting list available.
ATB Financial looks on Brightside with new challenger bank
Always look on the Brightside of life.
Absa AI automates account switching in South Africa
Bank’s CIO Jacques Barkhuizen calls it a “world first”.
Top fintech stories this week – 25 January 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Fintech Agora fires up for small American FIs
Start-up offers a digital leap without a core banking revamp.
US challenger bank Newbridge will start spreading the news
It will soon be fintech showtime on Broadway.
Mexican challenger bank Albo raises $7m
Series A funding round led by Mountain Nazca.
Banking Competition Remedies back for seconds
Second Incentivised Switching Scheme application window to open in June.
IBM bags $260m banking tech deal in Philippines
Bank of the Philippine Islands speeds up its digital revamp plans.
Shares plummet as Metro Bank misses profit target
That said, the profit before tax of £50 million is much better than 2017.
Job losses loom as Santander closes 140 UK branches
Up to 1,270 staff could be affected by this wave of closures.
O2 Banking app enters Raisin’s world of savings
Bank will use Raisin’s platform WeltSparen in Germany.
MoneeMint picks Codebase for core banking
Utilising the funding it received in October 2018.
Lloyds to cut costs with Thought Machine platform move
Bank wants to transfer data to new core system – and job cuts also loom large.
Volt first Aussie challenger to get full banking licence
The digital start-up will focus on smartphones.
New Iraqi bank Al Mustashar goes live with ICSFS core system
Platform was launched and rolled out in three months.
Alipay gets European payments licence
Follows on from Google’s licence earlier this month.
