Explained: The ECB’s role in the banking licence process & UK’s licensing procedures
Cécile Sourbes unpacks the process of licensing in the UK.
BankingTech
Why has Lithuania become a key destination for licensing in Europe?
As part of its newly devised strategy, Lithuania put several tools in place.
Monzo’s COO quits to launch a grocery start-up
The departure of Foster-Carter is the latest in a few personnel changes at Monzo.
Bank Millennium to deploy OneSpan Cronto verification system
The Polish bank chose OneSpan after surveying its customers.
JP Morgan and Baton Systems develop real-time clearing system
New platform to address challenge of tying excess funds across clearing workflows.
Avaloq completes Derivative Partners acquisition
Zurich-based Derivative Partners to remain independent for the time being.
Libor’s demise set to rock the foundations of finance?
With greater protection comes considerable challenges and risks, none more so than with Libor.
Video: Top fintech stories this week – 15 November 2019
FinTech Future’s weekly news round-up.
CSConnect 2019: Lloyds head says tech firms don’t get enough heat for banking app glitches
Lloyds head: “We’re either in this together or we’re not”.
UBS boss fears Europe’s banks are ‘too small to survive’
Ermotti says it’s no longer a question of ‘too big to fail’.
Tandem appoints former HSBC exec as chief growth officer
Malani will spearhead Tandem’s international expansion into Hong Kong.
Visa partners with Georgian challenger bank Space
The bank hopes Visa will power a geographic expansion.
CSConnect UK 2019: HSBC head stresses importance of tackling gender diversity
HSBC exec: “how do we get people not like us in?”
CSI reveals 11 US core banking deals signed since February
The core banking vendor is aiming to beat the 23 it signed in 2018.
Clearing the liquidity fog in 300 milliseconds
FinTech Futures speaks to CEO and founder of RTGS.global, Nick Ogden.
Being digital vs doing digital
It’s best to be clear whether it’s truly digital or whether it is in fact digitisation.
Money Bites podcast: what’s next for fintech?
Featuring Tanya Andreasyan, Chip’s Simon Rabin, resident jokester Mr. Money, and the Skittlemania challenge.
CSConnect UK 2019: Security awareness never really works, says Mastercard’s Vocalink CSO
Mastercard CSO thinks behaviour is the real issue when it comes to security.
Google sets its eyes on banking next year
The tech giant allegedly doesn’t intend to sell customers’ data.
Former FCA exec says banking tech could lead to discrimination
Diverse hiring practices would help address discrimination by financial technologies.
Standard Chartered taps Quantexa to boost AML controls
Dynamic entity resolution and network analytics to be implemented at the bank.
Bank of Georgia launches AI-powered personal finance tool
The new PFM tool is first of its kind in the Caucasus, says the bank.
Challenger banks in Hong Kong
A free guide to help our readers navigate Hong Kong’s challenger banking space.
A banker’s excellent adventure
Learn, be excellent to each other and trust that the music will only get better if you practice. Starting today.
Open Banking Expo 2019: Vested interests preventing international adoption
Industry panel discusses the reaction other markets have had to the UK’s Open Banking initiative.
Revolut appoints new chairman
Martin Gilbert will begin his role as of 1 January 2020.
What does AI mean for the banking industry?
It’s beginning to look like the impact of AI on banking will be much more subtle.
Hungary’s National Bank fintech strategy combats digitisation lag
The national bank has drawn up its own fintech guidelines “to speed things up”.
Tencent plans blockchain-based virtual bank on back of new Hong Kong licence
Chinese conglomerate nabs its second licence from regulators.
ATB Financial acquires Grow Technologies
Grow’s founder will join the ATB team.
Apple Bank picks FIS for core banking change
FIS IBS to be deployed on a hosted basis at the New York bank.
BIS appoints head of its new innovation hub
Benoît Cœuré joins from the ECB executive board.
Yes Bank launches India’s biggest API sandbox
Private lender says ‘yes’ to fintech developer collaboration.
The Nordic payments revolution
The Nordics offer the perfect playground for experimentation.
Fintech Talents 2019: Bank leaders still struggling with digital transformation
Responsibility is on both sides to ensure bank execs understand the benefits, argues Locsin.
Fintech Talents 2019: Banks must grab digital opportunity
Industry panel argues that change is coming for all lenders.
Banco Inter plans super app to boost borrowing
SoftBank bought a 14.9% stake in Banco Inter earlier this year.
Eileen Burbidge steps down as chair of digital bank Tide
She gave up her role at Tide following a funding round.
Agility and choice through integration
Financial product providers should make the most of the flexibility and speed offered by integration.
Wells Fargo ordered to pay USAA $200m for infringed payments patents
USAA has further lawsuits pending over cheque deposit system.
