Nymbus undergoes management shake-up with new CEO & CFO
Banking technology firm secures new faces at the top.
BankingTech
Bank of Ayudhya goes live on Murex MX.3 technology
Thai bank aims to revamp front, back, and risk technology.
Crown Agents Bank pens Vodacom mobile payments partnership
The bank extends its services to a potential pool of 13.4m customers.
Agricultural bank Oxbury picks Naqoda for core banking
Cloud-based vendor gains pioneer partner in the UK.
Bank of Baroda searches for new digital lending platform
Bank of Baroda searches for new digital lending platform.
Citigroup promises $1bn to close US racial wealth gap
Citi figures suggest $5trn could be added to US economy in doing so.
NatWest to offer customers CO2 calculator with fintech CoGo
The bank recently found 70% of its customers are concerned about climate change.
Report: Intelligence, information & innovation – how UK financial services is shaping up for 2020
Comprehensive new research into the challenges, concerns and opportunities facing UK financial services providers.
Sberbank drops the “bank” from its name to take on tech firms
Sber has launched a series of digital services alongside its tech company revamp.
Video: Top fintech stories this week – 25 September 2020
FinTech Futures’ weekly news round-up.
FinCEN Files: Legacy technology “not up to the challenge” to tackle AML
Changes could be needed on both sides to prevent another FinCEN Files.
Webinar: What does the future hold for “traditional” banking models?
How banks can thrive amid uncertainty and increased competition.
Westpac agrees to record AUD 1.3bn fine for AML failures
Australian bank on the receiving end of the country’s largest civil penalty.
White paper: Scalable, actionable anti-money laundering infrastructure
Open source AML solutions offer lower costs, rapid technology evolution, and broad community-based innovation.
DTCC appoints Lisa Hershey as new chief compliance officer
Hershey has worked at DTCC for more than a decade.
What the Fintech? Episode 14 | In these VC streets
Martinez shares his insight on VC culture and the shift from Santander Innnoventures to Mauro Capital.
Yandex plans $5.5bn acquisition of Russian neobank Tinkoff
Russian tech giant plans to snap up the country’s largest online bank.
Goldman Sachs launches transaction banking service with Volante
The new cloud-based system is an “industry first” according to the pair.
Knowing how the story ends
“Where do I begin?” If you have ever asked me, you know my answer is always the same: in the middle.
Standard Chartered launches Mox Bank in Hong Kong
The virtual bank uses Thought Machine’s core banking system.
Live Oak Bank deploys Finxact core for deposits and loans
The US lender picked Finxact in 2018 to revamp its core systems.
UK challenger Kale99 launches to provide digital banking with a CX twist
New fintech aims to copy the rapid growth of its vegetational namesake.
Volt Bank partners with Microsoft to launch BaaS platform
Volt aims to provide retailers and incumbent banks with digital banking services.
Report: What keeps AML & CFT professionals awake at night?
Do your peers share your compliance challenges and professional pains?
Revolut faces lawsuit in Romania over blocked account
Revolut faces 3,911 complaints so far this year, as compared to its 2,487 for the whole of 2019.
Five techniques for financial institutions to build and protect their digital reputation
How to protect the distinctive brand values that set you apart from the competition.
Leaked FinCEN files show banks allowed $2trn in suspicious transactions
Major leak of suspicious activity reports shows “mind blowing” scale of money laundering issues.
Nasdaq plans cloud migration for all 28 markets by 2030
“The real benefit [of the cloud] is the ability to scale,” says Nasdaq.
CaixaBank and Bankia confirm merger creating Spain’s largest lender
For every Bankia share, CaixaBank will exchange 0.6845 newly issued shares.
Competition concerns over fintech acquisitions
The CMA’s concern with mergers and acquisitions is to do with the potential impact on UK customers.
Video: Top fintech stories this week – 18 September 2020
FinTech Futures’ weekly news round-up.
FinovateFall 2020: Banking-as-a-Service shows industry’s future value
A panel of bankers discuss the potential of opening up to customers.
Trio of UAE banks go live with klip digital wallet solution
Klip uses QR tech to enable contactless payments.
Allica Bank plans £100m funding round after £26m injection
UK challenger plans for future growth and acquisitions.
West African microfinance confederation goes live with SAB’s AT
SAB AT rolling out across six institutions in five West African countries.
Somalia’s Amana Bank selects Path Solutions for Islamic core banking
Amana Bank selects iMAL to fuel digital transformation.
Destination public cloud
It is estimated that global public cloud revenues will grow by about 17% this year.
Kids are banking’s future NOW
I’m just saying there is an opportunity to learn how to “gamify” banking today.
BankingTech Awards 2020 – call for judges
Join our all-star judging panel!
FinovateFall 2020: Customer trust will test the new digital normal
Panel wonders if consumers will stick with digital solutions post-pandemic.
