Takeaways from FinovateFall 2019: shiny objects vs problem solvers
Bankers and tech experts share their views on the recent Finovate event in NY.
BankingTech
Deutsche Bank to create new technology division
German lender aims to improve technology innovation
NatWest first UK bank to use fingerprint contactless credit card with £100 limit
Bank trials fingerprint-linked cards with 150 people.
National Bank of Canada goes live with Murex’s MX.3 Risk and Regulatory Suite
Bank aims to meet future FRTB obligations.
HSBC plans 10,000 job cuts in fresh cost-saving exercise
Global bank plans to cull high-paid roles.
FinovateFall 2019: AI, ML, robotics and digital first
Three exciting days in New York witnessing the latest and greatest from over 70 fintechs.
eBook: 6 AI solutions every asset manager needs
Download the DataRobot eBook to discover six AI solutions for asset managers!
The challenges for banks and fintechs when building a partnership
Chris Ward, author at Mapa research, dissects the changing definition of ‘partnerships’ in fintech.
Video: Top fintech stories this week – 04 October 2019
FinTech Future’s weekly news round-up.
FDIC’s McWilliams: Core banking vendors must evolve
Top regulator says that collaboration is the future for all in the industry
Refinitiv extends Matching service to Vietnam
Firm claims the launch the first electronic market for VND FX
Nationwide exec: Banks can’t do everything
App glitches can often be the customer’s fault, he says.
NAB’s charge reduces cash earnings by AUD1.12bn
This comes ahead of the January regulatory deadline to reach a core capital ratio of 10.5%.
Beyond personalisation
Recognising who customers are, what they believe, how they respond and act.
Banking Technology October 2019 issue out now
Lessons from Africa.
Five lessons global banks can learn from African fintechs
Mobile payments have been positioned as a ground-breaking idea but Africans have been doing that for a while.
Sberbank data leak may have exposed 60m customer accounts
Russian bank confirms 200 accounts have been compromised so far.
Novo Banco refreshes payments with Fiserv
Fiserv to switch up Portuguese bank’s end-to-end billing.
Seattle Bank chooses Finastra for its core banking
Finastra will also help with analytics, digital banking and card payments.
White paper: The state of application development in retail banking
Over 3,300 IT professionals shared their insights in this comprehensive report.
Revolut’s losses double to £33m as it gears up to hire staff, expand reach
The fintech’s losses have gone from £14.8m to £32.8m in one year.
NatWest teams up with Microsoft and DreamQuark to predict markets with AI
The new platform will use AI to spot opportunities and risks.
Finastra launches apps built with FIs on FusionFabric cloud platform
Allied Payment Network and Monotto launch on Finastra marketplace.
Core banking changing lives, starting with mine
The truth is everything we do touches and by extension changes people’s lives.
Millennials more likely to report fraud than older generations, finds FTC
People aged 20-30 happier to report scams than those over 40.
UK finserv industry says public are stifling technology adoption
The industry fears it will miss out on key innovations.
Metro Bank chairman to step down
Vernon Hill will leave the bank at the end of 2019 after a turbulent year.
Fintech Dave hits $1bn valuation after two years
Dave has four million users on its financial management app.
Dutch bank de Volksbank partners with Kubernetes and Rancher Labs to overhaul IT system
It’s hoped the partnership will also drive the bank’s growth.
Bnext becomes first fintech in Spain to raise a $25m Series A, plans LatAm expansion
The round was led by DN Capital, Redalpine and Speedinvest.
Challenger bank bunq launches in UK and 21 other European countries
The bank is active in all EU countries and a handful of EEA ones, too.
Funding the revolution: the dawn of digital banking
Traditional banking giants are feeling the squeeze.
20th Banking Technology Awards: showcase your brand to decision-makers at banks
Get your brand seen by the brightest and most innovative decision-makers in the industry and network with them at a spectacular gala ceremony!
Atloona Bank partners with CSI in the face of cybersecurity risks and tighter regulations
CSI will become the bank’s new managed services provider.
Banks must improve cyber risk culture, says MAS panel
Singaporean regulator’s experts call out bank culture.
NAB executive resigns amid extensive cloud migration
Yuri Misnik spearheaded NAB’s switch to Amazon Web Services.
Objectway signs new wealthtech customer in vdk bank
Belgian bank builds out systems with two modules from Objectway.
DUCA Financial Services Credit Union picks Fiserv DNA as new core system
Celero will be providing implementation support.
UK Finance launches cash initiative, calls for bigtech collaboration
It’s “vital” that telecoms, retailors and infrastructure providers take part.
Will Smith and Kevin Durant part of $20m investment in Mercury
The bank launched in April this year.
