Video: Top fintech stories this week – 20 March 2020
FinTech Futures’ weekly news round-up.
BankingTech
Gradually – then suddenly: parenting during coronavirus
Until we get beyond, hunker down and carry on. Pass me that glass of wine please.
eBook: Tackling the data challenge for regulatory compliance in banking
Staying above the rising tide of banking compliance requires data. Download the free e-book for the in-depth insights.
FinTech Futures update: business as usual
Our team is here to help the market navigate today’s challenging business landscape.
Temenos and ClearBank team up for UK cloud payments
The partners will offer access to real-time payment services.
Appian unveils software to help banks operate amid coronavirus outbreak
The application is only available to companies with more than 1,000 employees.
Video: Hot-seat with Steven Marshall, CCO of Crown Agents Bank
He reveals how a legacy institution can stay relevant and adapt in this digital wave.
Finastra appoints Gary Bischoping as new CFO
Bischoping to replace Mark Miller, who stepped down for personal reasons.
HSBC confirms Noel Quinn as permanent CEO
He has held the job on an interim basis for seven months.
Disrupting small business banking
I think what we (business owners) really want is an experience driven bank.
Stress testing: Turning an obligation into an opportunity
Challenges can be mitigated through greater automation and enhanced data management.
Square lands conditional banking licence from FDIC
The bank will be based in Utah.
Citadele Bank invests €10m in SME Finance
The partnership will offer factoring and banking services.
Euronext welcomes new COO Georges Lauchard
The role will be based in Paris.
Bank of England dips into US repo to lend banks $15bn
It’s the largest sum the central bank has issued since the financial crisis.
Goldbell Financial Services picks Mambu to power debt investment
Singapore finance provider picks Mambu’s SaaS banking platform.
Daon to provide biometric authentication for digital bank Tonik
Tonik was founded as Southeast Asia’s first digital-only bank.
US Bank connects customers with Fiserv data solution
API-based service to aggregate US Bank customers’ data.
Commonwealth Bank of Australia admits to consumer protection violations
The Australian bank is set to be fined around AUD 5 million.
Cyber-incidents are on the rise: What can your firm do to defend itself?
Senior management should ask themselves five key questions.
White paper: Anti-financial crime – looking beyond staffing
How banks can best perform their gatekeeper function.
Travelex owner Finablr prepares for insolvency
Finablr processed $115 billion in transactions in 2019, and more than 1,500 firms rely on it.
Challenger bank Arro Money to shut down in April
The challenger bank’s operator wants to go in a “new direction”.
Santander snaps up Nationwide’s deputy CEO to support UK transformation
The Spanish multinational bank has committed €20bn to its digital transformation.
Scotiabank commits to helping Canada’s emerging AI start-ups
The bank will give start-ups and tech entrepreneurs access to funding and expansion opportunities.
Central banks free up US dollar liquidity amid coronavirus pandemic
The price on the US dollar liquidity swap arrangements will go down by 25 basis points.
Open banking: A move towards greater or lesser transparency in banking?
Will it reduce or increase information asymmetry between consumers and finserv companies?
Finovate Podcast: Episodes 21-30
The Finovate Podcast is a short, interview-based podcast featuring conversations from fintech’s elite innovators and influencers. For more than a decade, the global event series has brought together tens of thousands of people from across the fintech spectrum to see cutting-edge technologies. Now you can find out what goes on behind the scenes, as key influencers and […]
Yapeal awarded Switzerland’s first fintech licence
Challenger plans to reinvent retail banking in the country.
Al Wifaq International Islamic Bank selects ICSFS Islamic system
Newly established Iraqi bank picks ICSFS over five other providers.
Over one million users migrate from Yes Bank’s to ICICI Bank’s UPIs
The collapse of Yes Bank is causing ripple effects for UPI partners.
Interior Savings Credit Union picks Fiserv DNA
Canadian credit union shifts to new system to drive “flexibility”.
What can we expect in the next decade?
From big data and cloud to developments in distributed ledger technology and more.
Video: Top fintech stories this week – 13 March 2020
FinTech Futures’ weekly news round-up.
Kyriba Live 2020: Is it time to partner up with fintech firms?
The question is whether fintech firms will want to join Kyriba’s platform.
SME challenger bank NorthOne raises $21m Series A
New York-based challenger plans to splash the cash on customer acquisition.
Standard Chartered launches Banking as a Service solution in Indonesia
The white-label service was incubated at SC Ventures.
UK treasury expected to push back sale of its RBS stake to 2025
A further five-year delay is put down to “turbulent stock markets”.
Budget 2020: What’s the fintech impact?
FinTech Futures picks out the fintech tidbits in this week’s announcement.
HSBC posts 47.8% overall pay gap, nearly double industry average
HSBC’s female employees are earning nearly half of what their male counterparts are.
