US fintech Chime reportedly submits confidential filing for potential 2025 IPO
Bloomberg reports that Chime is targeting 2025 for its public debut, citing sources familiar with the matter.
BankingTech
Banking tech news, resources and expert commentary.
The Tipton and Coseley Building Society taps Mast to power mortgage operations
The Tipton, which lent £116 million in mortgages last year, will use the platform to modernise its mortgage processes.
Mambu names Ivneet Kaur as new chief product and technology officer
Kaur joins Mambu from SterlingCheck, where she served as EVP and chief information and technology officer.
Morgan Stanley taps Wise for corporate cross-border settlements
Morgan Stanley can now offer its corporate clients instant cross-border settlements through Wise Platform.
The regulatory winds, they are not a-changin’
The regulatory shift globally has been towards standards, protocols and end-to-end predictability.
Webinar | 11 February 2025 | Real-time payment processing: beyond traditional banking
Join us for an insightful session on how enterprises can revolutionise their global payment operations.
Chorley Building Society in front-to-back office tech overhaul with TCS
Chorley Building Society will implement the TCS Bancs core banking system.
Swedish neobank Northmill appoints Emil Folkesson as new CFO
Folkesson’s appointment follows the hiring of Julie Chatterjee as CEO in October.
A bowl of cards
In the US, contactless payments continue to feel like a luxury or an exception rather than the default.
Penetration testing – a critical component of financial cybersecurity in 2025
Cybercrime is evolving at an unprecedented pace, with financial institutions increasingly in the crosshairs due to their wealth of sensitive information. To combat this growing threat, financial entities must stay one step ahead by identifying vulnerabilities before attackers do. This is where penetration testing plays a vital role. It simulates real-world attacks to expose weaknesses […]
Tyme Group achieves unicorn status with $250m Series D led by Nubank
Brazilian challenger Nubank contributed $150 million to the funding round.
TBC Uzbekistan introduces country’s first fully digital SME banking solution
TBC Uzbekistan has also recently launched its first credit card, the Osmon Card.
The DORA effect: building a strong Digital Operational Resilience Act foundation
Learn how to meet, maintain, and prove compliance with the arrival of DORA.
Video: Highlights from the Banking Tech Awards 2024
The Banking Tech Awards celebrated its 25th edition on 4 December at the Royal Lancaster Hotel in London.
Jiko raises $29m Series C, announces new board additions and advisory committee
The funding follows a $40 million Series B led by Red River West in 2022.
First Abu Dhabi Bank taps Broadridge to build out securities finance business
The bank has selected Broadridge’s Securities Finance and Collateral Management solution.
Habib Bank AG Zurich selects nCino platform to power UK buy-to-let lending business
HBZ UK will deploy nCino’s Cloud Banking platform as part of the partnership.
Members Development Company appoints NCR’s Ned Tobey as new CEO
Tobey will succeed the position from Jeff Kline, effective January 2025.
DORA and beyond: what do new compliance standards mean for banking and finance?
DORA redefines financial sector resilience, bringing challenges and opportunities for 2025.
Banking Technology Magazine December 2024 / January 2025 issue out now
Cover story: STAR PEOPLE – Banking Tech Awards 2024 revisited.
Santander names PayPal’s Nitin Prabhu as new head of Digital Consumer Bank
Prabhu, who worked at PayPal for over 12 years, is to join Santander “early in 2025”.
TD Bank upgrades retail card business with Backbase Engagement Banking platform
Through the collaboration, TD Bank will leverage Backbase’s Engagement Banking platform.
Banco Santander to offer on-demand wage access for Spanish SMEs through new CloudPay partnership
The Spanish banking giant has opted for its partner’s CloudPay NOW solution.
Why ‘I won’t let anything happen to you’ is more of a threat than a promise
If risk is everything, everywhere, all at once, then risk management is everyone’s job, now, always and forevermore.
State of play: Pay by Bank
Pay by Bank, also referred to as A2A payments, has emerged as a credible contender to card-based payments.
FirstOntario Credit Union modernises digital banking channels with Temenos Digital
Temenos Digital will support the credit union’s online and mobile channels for consumers and small businesses.
Bank of Bhutan in core banking tech modernisation with TCS
Bank of Bhutan will implement the TCS Bancs Global Banking Platform.
Reserve Bank of India pilots new MuleHunter.AI solution to help identify mule accounts
MuleHunter.AI has been developed in-house by the Reserve Bank Innovation Hub (RBIH).
Danish neobank Lunar spins out BaaS division into standalone entity named Moonrise
Lunar has so far amassed 14 partnerships since launching the division in 2023.
HSBC exec Nuno Matos to succeed Shayne Elliott as new CEO of ANZ Group
Elliott, who has served as CEO of ANZ since 2016, is set to retire on 2 July 2025.
Revolut applies for New Zealand banking licence
Revolut is now in the assessment phase and says it will “collaborate closely” with the RBNZ throughout the process.
UK challenger Zopa lands £68 million in equity funding round
The funding follows Zopa’s £75 million raise in 2023.
HSBC completes “next stage of global reorganisation”, announces numerous leadership appointments
Among the numerous senior leadership appointments, HSBC has named Lisa McGeough as new US CEO.
Mambu acquires French paytech Numeral for undisclosed sum
Mambu says the addition of Numeral’s tech will be key in expanding its presence in the bank payments market.
Lloyds Bank expands merchant services to Paypoint UK SME network
The expanded partnership is expected to reach more than 60,000 SMEs in the UK.
How Mastercard is preparing for a quantum future
Quantum computing is one of many emerging technologies Mastercard is exploring for its future potential.
Banking Tech Awards 2024: Congratulations to all of this year’s winners
We’re delighted to reveal the winners of the Banking Tech Awards 2024!
Sandstone Technology selected to power Chetwood Bank’s new digital savings platform
Chetwood announced the platform when it rebranded from Chetwood Financial Limited last month.
Lumin Digital bags $160m in growth equity
The round was led by Light Street Capital, NewView Capital and Partners Group.
Silos and spend management: why we need to talk about Steve
To avoid regretting decisions, we all need to make better decisions.
