JP Morgan and StatPro form strategic alliance
The five-year partnership will develop risk and performance attribution capabilities.
BankingTech
State of play in response to PSD2 in Italy’s banking sector
The experience of the Italian financial community with CBI Globe.
Top fintech stories this week – 21 June 2019
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
Desjardins announces internal security breach
The personal information of 2.9 million members was disclosed.
Current’s new adult bank account sees strong growth
The challenger banking service started as a prepaid teen card.
Bank of England responds to Future of Finance report
It features five key action plans to meet the needs of the digital age.
JP Morgan’s secretive UK digital bank plans revealed
The new offering is rumoured to rival Monzo and Goldman Sachs’ Marcus.
Douugh goes public on ASX
The Aussie banking service targets $10m capital raise as first neobank on ASX.
N26 launches MoneyBeam for UK users
MoneyBeam lets users receive or transfer up to £100 with other N26 users in the UK.
Tieto buys Nordic banking tech rival Evry for €1.3bn
Combined, TietoEvry will have 24,000 employees and annual revenues of €3 billion ($3.4 billion).
Aazzur launches funding round
The Berlin-based fintech has also begun beta testing.
Berkshire Bank commits to RTP with Global PayPlus selection
Massachusetts-based Berkshire Bank has chosen Finastra’s Fundtech-derived Global PayPlus for connectivity.
Avaloq Community Conference 2019: readiness for an uncertain future
Setting out the five basic steps for the bank sector to follow, with digitisation at the heart.
Core banking and core principles: getting to the future, from where you are today
It is now possible for us to be digital all the way down.
Active.AI scores $3m Series A funding
Banco Sabadell’s corporate venturing vehicle is supporting the AI start-up.
Phoebus Software achieves buyout backed by NorthEdge Capital
After 30+ years of private ownership, UK-based Phoebus has concluded a management buyout.
Webinar: don’t disrupt – avoiding the dangers of transformation
70% of digital transformation plans fail. Find out why in this upcoming Finovate webinar.
Dave Banking launches checking account
The new US challenger bank offers interest-free advance and opportunity to build credit.
Token lands $16.5m funding round
It will use the funds to build on its TokenOS open banking platform.
Cloud adoption: the future for the back office?
Peter Hainz of SmartStream investigates the power of the cloud.
Ask the expert: your questions on growing the business answered
How can I generate awareness of my fintech among potential investors and target clients with limited resources?
Bottomline partners with Starling to provide real-time payments
Banks and corporates sometimes struggle accessing the Faster Payments Scheme.
Video: fintech news weekly round-up – 18 June 2019
This week, the FCA makes a return with pro-consumer rules!
Five winners in latest RBS-derived funding round
The fourth entry in the Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package.
Lloyds first to launch open banking app for credit cards and savings
The banking group has also added a secure 24-hour messaging service.
ADB launches digital financial inclusion fund
It’s supported by the Bill & Melinda Gates Foundation, AFD and more.
Canada’s Stack teams up with Payment Source
The partnership aims to target millennials.
The case of TSB and the importance of safeguarding banking cyber infrastructure
The security of online banking infrastructure is of pivotal importance.
Chip Mong Bank picks Compass Plus to support Cambodia launch
Compass Plus provides an ATM cash-by-code service.
National Bank of Pakistan turns to Autosoft for Bahrain operation
Autobanker Premium, the latest version of the supplier’s core banking system, will be at the heart of the project.
CallVU teams up with Banca Transilvania to boost mobile banking
It will give customers card control to block transactions or modify transaction limits.
New user in Libya for Oracle’s Flexcube core banking system
EXCLUSIVE: Greenfield bank Yaqeen Bank signs for front-to-back office tech from Oracle FSS.
Challenger banks in Canada: who’s who and what’s their tech
A comprehensive list of challenger banks and banking services in Canada and the tech they are using.
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
Retail banks ignore social media data at their peril
Social media is a valuable and largely untapped source of data for the banks.
Tinkoff launches Oleg, a financial and lifestyle AI
Tony Stark’s, Jarvis, may have some competition.
Swift calls for industry collaboration to improve FX efficiency
Greater automation and better use of standards would benefit the FX market.
DNB extends investment in new 11:FS platform
The Norwegian financial services group will also implement 11:FS Foundry.
Interview: Dan Makoski, Lloyds Banking Group – grand designs
“Design, like technology, is a strategic superpower that can be used to do incredibly bold things.”
In defence of bankers
A new kind of banker is emerging. Less arrogant. Less entitled. More ethical and informed, tech savvy and less greedy.
