Deutsche Bank to create new international private bank
The new global private bank will likely hold roughly €250 billion.
BankingTech
Reaping the real benefits of data sharing
Data sharing enables banks to more effectively serve customers across the lifecycle.
Banks, cybersecurity and virology
I would actually like to see governments take a more holistic look at how they’re fighting COVID-19.
Video: Top fintech stories this week – 12 June 2020
FinTech Futures’ weekly news round-up.
Deutsche Bank set to launch fourth e-FX hub in Singapore
The hub will be developed and staffed locally.
Santander to hire 3,000 IT workers this year for digital transformation
“They will be at the heart of our transformation,” says bank.
Two credit unions go live on Corelation KeyStone
Corelation gains a pair of go-lives in Hawaii and Pennsylvania.
Banking Technology June 2020 issue out now
Real-time payments and fraud: balancing customer relationships and security.
British Business Bank appoints interim CEO, accredits 10 more firms
Catherine Lewis La Torre starts on 1 September.
Tinkoff launches automated micro-investing service
The bank is offering its 10 million customers an ‘Investment Box’.
Diebold Nixdorf signs six-year contract with Austrian bank99
Diebold Nixdorf signs a contract worth $20m.
Poland’s mBank picks Wolters Kluwer for risk management
OneSumX to be deployed across mBank’s Polish, Czech, and Slovakian ops.
Tell it cos it’s a good story
Why do all these dreamers and makers and poets work in banking transformation?
Video: Coforge – harnessing emerging tech and deep domain expertise in financial services
Digital services, intelligent automation, data & analytics, cloud & infrastructure – engage with the emerging!
Baltic bank Luminor signs on FA Solutions to simplify cross-border ops
Luminor has been working on centralising its IT systems.
Bank of America’s Merrill revamps client management workstation
The old system has been in place since the early 2000s.
Managing compliance in an age of innovation
Dell Technologies and World Wide Technology discuss the technology challenges facing FIs.
Documentation firm H4 snags $27m in funding from Goldman, JP Morgan, Barclays
H4 claims that documentation in capital markets is ripe for change.
Nymbus secures $12m in funding to expand digital banking systems
The vendor is aiming to push its SmartEcosystem platform.
Mobile banking platform Vivid Money launches in Germany
The challenger is working with solarisBank and Visa.
La Capitol Federal Credit Union picks Corelation’s KeyStone
A go-live is expected in May 2021.
PayTech Awards winners: where are they now? ANNA – Best Corporate Payments Initiative
ANNA has been busy onboarding customers and adding features to its platform for SMEs.
UK fintech Minted to launch in July with 2021 digital bank plans
The fintech is sharia-compliant and follows AAOIFI rules on gold.
Mambu partners with VeriTran to create digital banking solutions in LatAm
The deal means that VeriTran’s front-end will integrate with Mambu’s SaaS cloud banking platform.
Video: Top fintech stories this week – 05 June 2020
FinTech Futures’ weekly news round-up.
Cloud9 Technologies secures $17.5m in Series B funding
New York-based cloud communications firm Cloud9 Technologies has raised $17.5 million is a Series B funding round.
CaixaBank signs cloud management deal with IBM
The two firms have worked together since 2011.
BNY Mellon plans Singapore FX engine in partnership with MAS
The announcement is part of the bank’s strategic expansion into the Asia Pacific region.
Banking Tech Awards 2020 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
BNP Paribas Fortis signs up Worldline for WL Contact system
Belgian bank looking to improve contact centres with Worldline system.
Monzo cuts 120 jobs in its UK head office
The redundancies account for roughly 8% of the start-up’s workforce.
Omega Federal Credit Union deploys Episys on the cloud with MDT
Pennsylvania credit union looks for flexibility with new system.
Why Raiffeisen Bank is taking digital currency into its own hands
The bank is working with Billon to build its own tokenisation platform.
SoftBank unveils $100m fund for founders of colour
SoftBank’s COO says the fund will help create “a new generation of founders”.
On getting a job, but finding love. Every bloody time.
I don’t know how to not care.
Norway’s Husbanken selects Temenos Transact
The Norwegian state housing bank replaces legacy tech with Temenos.
Goldman Sachs says crypto is “not a suitable investment” on invite-only call
Bitcoin reclaimed its $10,000 territory on Monday.
Appway raises $37 million in equity funding from Summit Partners
Lifecycle management firm secures first external capital raise.
E-book: The inevitable collision of identity proofing & authentication
How to achieve end-to-end identity verification and authentication in today’s digital world.
ComCard aims to challenge US corporate banking with rewards-based card
The Los Angeles-based challenger aims to “simplify” financial management.
