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Finxact appoints former Trump Treasury counsellor to board of directors
Core banking firm hires industry veteran.
Banco Sabadell kicks off $1bn hybrid cloud transformation with IBM
Spanish giant signs cloud services extension with Big Blue.
EXCLUSIVE: Meezan Bank undergoes digital revamp with Oracle
One of Pakistan’s largest Islamic banks to implement Oracle’s Banking Digital Experience.
GAM partners with SimCorp to consolidate its operating platform
SimCorp Dimension will serve as GAM’s core front office platform and IBOR.
EXCLUSIVE: New bank in Laos selects Flexcube core banking system
Money for the new bank is understood to be coming from China.
Travelex cyberattack drags into third week
FX firm claims its systems are slowly coming back online.
Salaam African Bank in tech overhaul with Oracle
EXCLUSIVE: The deal includes Flexcube core, digital banking, payments and trade finance solutions.
EXCLUSIVE: Oracle wins new core banking deals in Sudan, Somalia & Libya
Oracle has won and extended plenty of African deals in the past few months.
BNY Mellon Markets appoints Paresh Shah as global COO for FX
He joins BNY from HSBC, where he held the role of COO Americas for FX.
Pepper CEO: Banks should provide tools for users’ financial empowerment
Michal Kissos Hertzog speaks to FinTech Futures.
Video: Top fintech stories this week – 11 January 2020
FinTech Future’s weekly news round-up.
New challenges due to Open Banking and the benefits of instant payments
APIs are no longer seen as a difficult technical matter, but as a crucial building block.
Belgian banks team up to launch shared ATM network
Four major banks want to create “brand neutral” ATMs.
The Philippines set for first digital-only bank as Tonik gets green light
Tonik Financial will set up the island nation’s first online bank.
Ziraat Participation Bank in Sudan selects Path Solutions’ iMAL
Path to underpin the bank’s Islamic banking products.
Covered Bond Bank migrates international branches to Avaloq Banking Suite
New York, Singapore, and Shanghai all switch to Avaloq system.
Nets acquires Finnish firms Poplatek and Poplapay
Nordic payments group snaps up new firms to boost terminal services.
Canada’s major banks impersonated in two-year phishing campaign
The impersonators harvested customers’ online banking logins.
Cautious optimism and a customer-first approach for financial services in the 2020s
Alessandro Tonchia gives his fintech predictions as we enter a new decade.
ATB Financial’s Holbrook steps down as chief transformation officer
He had been at the Canadian firm for nine years.
Fiserv wins two new deals with Wisconsin credit unions Landmark and Verve
Fiserv now powers half of all $1bn credit unions in Wisconsin for core account processing.
Tandem Bank to charge customers monthly membership fee
The bank will introduce a £5.99 monthly fee in March.
Standard Chartered pinches new global head of cybersecurity from Singtel
David McLinton also spent time as JP Morgan Chase’s CISO.
Signicat CEO: The internet has destroyed consumer trust
“On the internet, no one knows you’re a dog.”
Saffron Building Society creates new savings app with DPR
Saffron manages more than £1bn in assets and has 90,000 members.
The Messy Middle Manifesto
Everything that matters happens because of those who stick it through the Messy Middle.
Atom bank’s former co-founder joins Queensland’s Daytek capital
Paul Hanks has joined DayTek Capital as a technology advisor.
Standard Chartered “first” bank to offer public platform to track payment status
The bank is ready for Swift’s November 2020 payments confirmation deadline.
Travelex ordered to pay $3m ransom by cybercriminals
The ailing FX firm is wrestling with a New Year’s ransomware attack.
BNP Paribas extends deal with Temenos
The two are agreeing to work together until 2028.
ING to launch analytics tool Katana as new fintech company
Dutch bank plans to spin out its AI tool in London.
Nisir Microfinance taps ICSFS for new core system
ICFS Banks to be rolled out across five branches.
Metro Bank raids FCA for new risk director
Jose Morago says he’s “excited” to get back to the finance industry.
MyBucks Banking Corporation implements Flexcube core banking system
The new Malawi-based bank also took Oracle Banking Digital Experience for the front-end.
Mitigating network outages in the financial services sector
How poor service levels from IT vendors are reflected in network outages and how to fix it.
Chinese regulator opens market access for foreign banks
CIRBC unveils rejigged rules to encourage foreign investment in Chinese market.
Travelex quarantines website, internal systems after New Year’s Eve cyber-attack
Foreign exchange firm working “round the clock” to fix the attack.
Sopra Steria completes acquisition of Fidor Solutions
Sopra on the hunt to boost its digital banking product portfolio.
Commerzbank to acquire block of Comdirect shares from Petrus Advisers
Commerzbank will hold over 90% of the shares of Comdirect once it’s completed.
