Australian Securities Exchange delays blockchain go-live to 2022
This is the second delay for the infrastructure project.
BankingTech
Monte dei Paschi explores merger plan with Banco BPM
World’s oldest bank looking to bulk up its resources.
Major banks take another step towards ‘truly European’ payment system
Some 16 of Europe’s major banks are set to initiate the implementation.
Infrastructure that gives you an edge: payments-as-a-service
The only technology model for future payments ecosystems.
Video: Top fintech stories this week – 03 July 2020
FinTech Futures’ weekly news round-up.
Santander launches Mi Vuelta COVID-19 track and trace app
The Mi Vuelta COVID-19 track and trace app allows employees to report any symptoms.
Trio of fintechs sign up to Mastercard’s Open Banking Protect
Aion, DiPocket, and Modulr have signed up to Mastercard’s Open Banking Protect solution.
Commerzbank shareholder calls for 7,000 job cuts
Cerberus Capital Management makes demands of German bank.
Is your bank rotten to the core?
In banking, a legacy product core based on old technology can’t simply be modified.
APRA hits CBA and Suncorp with pensions conditions
Aussie regulator is unhappy with the pair’s treatment of customers.
UBI Banca offers digital salary backed loans with FinLeap
The partnership is through the bank’s subsidiary Prestitalia.
The Philippines launches government-owned OFBank for overseas citizens
Filipinos will be able to sign up to the new service with a selfie.
Millennium Banque Privée outsources Olympic system with Swisscom
Switzerland-based firm moves core banking to the cloud.
Allica Bank goes live on Profile platforms
FMS.next and RiskAvert deployed at SME challenger bank.
Australia’s big four welcomes start of open banking
ANZ, NAB, Westpac and Commonwealth Bank have all gone live with APIs.
Andreas Bittner steps down as co-founder of solarisBank
His five-year contract with the banking-as-a-service platform came to an end on 30 June.
Living in a passive voice world
My frustration with organisations big and small “living in the passive voice” is not new.
Webinar: Stop wasting money in the cloud!
How Robert Half International (RHI) reduced cloud expenses and applied cost optimisation best practices across the enterprise.
Société Générale to acquire French neobank Shine
The deal is thought be be around €100 million.
Xalq Bank goes live with TranzAxis from Compass Plus
Xalq Bank joins compatriot Unibank as a TranzAxis user.
65% of banks say legacy systems holding back Swift gpi adoption
Volante, HSBC and Deutsche Bank, share their insights on a recent webinar regarding Swift gpi.
Santander looks to William Vereker for UK chairman role
The appointment is expected to be approved later this week.
HSBC wants to double mobile users by 2022
The bank wants to generate more revenue per customer.
SEB fined $107m by regulator for Baltic AML failures
The Swedish bank failed to identify risk among its subsidiaries.
US regulators relax Volcker Rule restrictions
Major US banks allowed to unlock wider range of investment options.
Report: Five success factors for an ideal ISO 20022 migration
ISO 20022 represents an opportunity for banks to reinvent the way they operate.
ING taps Expert System to boost back office automation
The Dutch bank is aiming to improve its application of RPA.
BNY Mellon extends Azure partnership to boost ESG investment
The US bank has launched three new data and analytics tools.
FinTech Futures and Jobbio team up to launch FinTech Futures Jobs
Launching an exciting new jobs board for the global fintech community.
Video: Top fintech stories this week – 26 June 2020
FinTech Futures’ weekly news round-up.
Aviva taps Fenergo to revamp client onboarding systems
Fenergo will switch out Aviva’s KYC, AML, and CDD services.
Privitar receives $7m investment from HSBC
HSBC is expanding its strategic relationship with Privitar.
Anna Manz appointed new CFO of LSE
Manz succeeds eight-year LSE veteran David Warren.
NatWest launches its no-card payments service Payit
The service uses open banking infrastructure.
Chinese lenders suffer two bank runs in a week
China has relied on these local lenders amid the coronavirus crisis.
White paper: The biggest threat to the financial services industry is BigTech
A guide to navigating technology challenges while avoiding common, costly pitfalls.
“Operational efficiency” report ranks US commercial banks
Charles Schwab Premier Bank and Bank of America California scored highly.
OBIE UK’s open banking body launches app store
The launch date was moved up because “open banking can make life easier in lockdown”.
OCBC sets new SGD 25bn sustainable finance target
OCBC will focus on industrial and geographical diversification to reach its “25-by-25” target.
Memo Bank launches business offering and lands €20m
The funding round was led by Paris-based BlackFin Capital Partners.
