America First Credit Union taps Loquat for small business onboarding solution
The credit union will apply Loquat for digital account opening, payments, reporting and virtual cards.
BankingTech
Your boss can’t hear you
The reality is your CEO is mostly talking to risk and finance. And arguably, that is as it should be.
Dosh seeks licence to become a bank in New Zealand
Dosh is aiming to become New Zealand’s “first locally-owned, digital-only bank”.
Avidia Bank to adopt Personetics’ AI-powered engagement engine through new Q2 Digital Banking Platform
The bank will integrate Personetics’ AI engagement engine into the Q2 platform.
What the FinTech? | S.5 Episode 11 | Banking Tech Awards 25th anniversary special with Monument
In this podcast episode, we chat with Sudip Dasgupta, CTO at Monument Bank and Banking Tech Awards judge.
UAE’s Mashreq Bank appoints Tushar Vikram as new India head
Vikram previously served as Citibank India’s head of commercial banking for over nine years.
TymeBank promotes former Retail Capital chief Karl Westvig to CEO
Westvig first joined TymeBank in 2023 through its acquisition of Retail Capital.
First Federal Bank of Kansas selects Jack Henry for core processing solution
FFBKC aims to leverage Jack Henry’s tech to extend its services to SMBs.
NatWest enables bank-verified digital identities for Nordic structured finance business in partnership with OneID
NatWest will apply OneID’s bank-verified digital identity solution to its structured finance business in the Nordics.
Banque de France partners HKMA to explore interoperability between wholesale CBDC infrastructures
The exploratory study will focus on “real-time cross-border and cross-currency payments”.
Thailand’s SCB taps Sunline for core banking upgrade
SCB says the partnership will enhance its financial transaction processing performance for deposits and loans.
ABA head says Australia’s CDR regime “isn’t delivering for customers or enhancing competition”
ABA CEO Anna Bligh says the CDR initiative has “not realised its potential”.
Andrews Federal Credit Union taps Blend for deposit account opening solution
The solution includes counteroffer and funding capabilities, automated IDV, and banker-to-member engagement tools.
Kompasbank secures €175m guarantee from EIF to “take on riskier lending segments” in Denmark
The three guarantees contained in the deal are supported by the EU’s InvestEU programme.
How DORA is fortifying Europe’s financial future with a new take on operational resilience
With the DORA deadline fast approaching, FinTech Futures examines its expected impact on financial services.
Shock absorbers: how to prepare effectively for external volatility
How can organisations protect themselves from external shocks that nobody can predict?
Video: Endava at Money20/20 Europe – The evolution of B2B payments
Endava’s Scott Harkey highlights the latest technological advancements that are revolutionising B2B payments.
Join us as a judge for PayTech Awards USA 2024!
The prestigious PayTech Awards USA 2024 has a limited number of seats on the judging panel available.
Barclays sells German consumer finance business to Austria’s BAWAG to refocus on “key businesses”
The sale is expected to release around €4 billion in RWAs for Barclays as it seeks business simplification.
Real time changes everything
The banking world will soon become real time, and both banks and regulators will have to keep up.
Dutch insurer Nationale-Nederlanden to launch digital payment accounts in 2025
The insurer says it’s currently “in the preparation phase” of launching the new offering for retail customers.
State of play: cloud in financial services
It’s easy to forget that until recently, cloud was seen as the most transformational technology in FS.
Leadership change at Phoebus Software as long-standing exec Paul Hunt steps down
Chief revenue officer Adam Oldfield has been promoted to the managing director role.
Innovation Federal Credit Union names Jason Cinq-Mars as new CIO
Cinq-Mars will oversee the credit union’s information, technology and security functions.
Cake and risk management
With digital transformation, leaders often take on too much individual risk for ambivalent collective returns.
EPI launches digital wallet solution Wero in Germany
Customers of DSVG and DZ Bank in Germany will be among the first Wero users.
Silvergate to pay $63m in penalties to settle with US regulators
Silvergate announced it was winding down crypto-focused Silvergate Bank in March 2023.
Video: ING at Money20/20 Europe – Riding the second wave of AI transformation
Bahadir Yilmaz, chief analytics officer at ING, discusses how the Dutch banking giant is executing its AI strategy.
Last chance to register for Banking Tech Insights on 11 July in London
Join us on 11 July for an exclusive half-day event around building a modern tech stack at financial institutions.
Greek neobank Snappi lands banking licence from the ECB
Snappi is a joint venture between Piraeus Bank and core banking software vendor Natech.
UK challenger Oxbury Bank announces first full year of profitability
Oxbury Bank claims to be one of the fastest UK fintechs to reach full annual profitability.
BIS readies for live implementation of Project Nexus in Asia
Institutions from India, Malaysia, the Philippines, Singapore, and Thailand will implement the project.
Bank of Ireland seeks to fill 100 technology roles to support new digital projects
The bank is seeking to expand its workforce in cybersecurity, delivery management, data, engineering and resilience.
Revolut announces record $545m profit for 2023
Revolut’s revenue surged by 95% over the year, from $1.1 billion in 2022 to $2.2 billion in 2023.
US FDIC issues consent order to Thread Bank
The consent order, effective 21 May, mandates Thread Bank to enhance its oversight of its BaaS programme.
CTBC Bank goes live with Avaloq core in Hong Kong and Singapore after three-year implementation
The bank first selected Avaloq to power its private banking businesses in Singapore and Hong Kong in 2021.
Is your bank’s architecture trapped in the past? It’s time to recompose it
European banks must accelerate their journey to recompose architecture, with AI and GenAI as differentiators.
Kuwait’s central bank approves launch of new WAMD instant payments system
The system is facilitated by the K-Net national payment gateway under the supervision of the Central Bank of Kuwait.
UK challenger Atom Bank hires Gareth Jones as new chief risk officer
Jones is to replace Chris Sparks, who is set to retire after nine years at the company.
Canadian credit union Vancity lays off 7% of workforce
The cuts, actioned by president and CEO Wellington Holbrook, have resulted in the loss of almost 200 positions.
