Valley National Bancorp invests $25m in fintech-focused VC The Garage
The Garage builds and invests in early-stage start-ups in fintech, artificial intelligence and cyber.
The Garage builds and invests in early-stage start-ups in fintech, artificial intelligence and cyber.
The self-described “payments nerd” says he is leaving the payments industry after 41 years.
The funds will be used to support the growth of the company’s Digital Delivery Platform.
Appro is designed to reduce application times for a range of banking products from several hours to three minutes.
The fresh capital takes the bank’s total funding to date up to $160 million.
The move forms part of the bank’s digital transformation efforts.
48 Lloyds Bank and 18 Halifax branches are set to shut between October and January of next year.
The aspiring bank aims to submit its banking authorisation application by the end of this year.
The fully cloud-native digital banking app aims to broaden financial inclusion in Malaysia.
The firm will leave the retail banking market in the country before the end of 2022.
Goal-based financial planning features will be made available to Rabobank’s customers.
Starling says it will take its software to banks worldwide through its SaaS subsidiary, Engine.
Linkbancorp will look to utilise Jack Henry’s Banno Digital Platform and LoanVantage offerings.
The newly-licensed bank marked the occasion by welcoming its first corporate customers.
ATB has migrated its retail and corporate banking business onto Temenos’ core banking system.
The data access agreement will remove the need for credential sharing, enhancing security and privacy.
He will replace José Antonio Álvarez as group CEO next year, following a transition period.
QNB says its open banking APIs could transform the fintech landscape in Qatar.
Fiinu is set to be acquired by media company Immedia for approximately £37.5 million.
Project New Era, set to launch in September, is a pilot evaluating the future digital currency ecosystem in the UK.
Virgin Money says it chose SurePay due to its “extensive experience” in providing Confirmation of Payee solutions.
Santander Bank N.A. has appointed Pierre Habis as the new chief consumer and digital transformation officer.
As customers increasingly bank digitally, Barclays is “carefully reducing” the number of underused branches.
FinTech Futures chats with Madhu Narasimhan of Wells Fargo to discuss approaches to digital transformation.
The new platform will integrate all of NatWest’s front office legacy systems.
Moneybase has built its new offering on Compass Plus Technologies’ TranzAxis platform.
YAP Pakistan hopes to address the challenges consumers face in the foreign remittance market.
Canadian Tire Bank is looking to replace its legacy systems and modernise its operations.
Take a look at the 2022 Banking Tech Awards winners
BforBank is the fully digital banking offering from French international banking group Crédit Agricole.
SHB will leverage Temenos’ open architecture to deliver personalised and AI-supported customer journeys.
The CFPB alleges BofA unlawfully garnished at least 3,700 out-of-state accounts since August 2021.
Economic secretary to the Treasury John Glen says: “We know that access to cash is still vital for many people.”
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The “industry first” deal will allow for transactions to be conducted near instantaneously.
First United says the partnership will support its “vision to elevate 10 million lives by the year 2030”.
LUKB will deploy NetGuardians’ AI-powered software as it looks to shore up its defences against payment fraud.
The FCA review found some UK challenger banks have “weaknesses” with regards to financial crime controls.
The acquisition of Bank Bisnis will allow FinAccel to offer digital banking and larger loans to Indonesians.
Regnier joins Santander from Yorkshire Building Society, where he was CEO since 2017.