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.
BankingTech
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.
Tesco Bank launches Pay by Bank in partnership with Mastercard
UK bank rolls out new service to 2.6 million customers.
Citigroup restarts job cuts after coronavirus pause
US lender plans big infrastructure changes in the final months of the year.
SEB combines personal and business finance to launch Unquo
The new venture is spearheaded by Christoffer Malmer, head of SEBx.
Under pressure
Principles are the sort of substance that doesn’t bend under pressure.
Citizens Bank app bombarded with bad reviews as tech update goes awry
US bank experiences avalanche of bad feedback over mobile changes.
Elevations Credit Union selects Temenos Infinity for front office revamp
The Colorado-based credit union wants to change its member experience.
Emirates NBD deploys new payments hub with TCS Bancs
The UAE bank goes live on TCS Bancs after kicking off the project in 2019.
FinovateFall 2020: Why Banking-as-a-Service is fintech’s newest trend
It essentially turns the company into a challenger bank, even if the company has no ties to banking.
FinnovateFall 2020: Digital tools creating a new kind of banking customer
Marcus executive says banks must prepare for a post-COVID world.
FCA shuts down half its money-laundering investigations in 2020
It stopped seven of the 14 investigations into money laundering since January.
EXCLUSIVE: Oracle wins deals with Mashreq Bank and Desjardins
Oracle has also picked up a new deal in Bangladesh.
Hong Kong virtual bank Livi picks Wolters Kluwer for regulatory reporting
New bank wants OneSumX to cover its compliance.
FinovateFall 2020: Dealing with a new digital normal
FinTech Futures speaks to Tracy Schlabach, Accusoft senior manager for product and customer marketing.
FinovateFall 2020: COVID-19 a chance to build, not just react
“Companies need to leverage this inflection point correctly.”
Supplement: FinovateFall 2020
Read our free FinovateFall Supplement, packed with fintech goodness!
European Commission resumes LSE-Refinitiv antitrust probe
The EC had paused proceedings in July as it waited for data.
US Bank’s CDO leaves for Google after a brief stint
Before US Bank, White headed up BBVA’s creation unit.
EBA calls for EU-wide set of anti-money laundering rules
European regulator says national rules have had “an adverse effect” on AML.
