JP Morgan to take stake in 10x Future Technologies
10x Technologies’ boss is Anthony Jenkins, formerly Barclays head.
BankingTech
Citi and Vasakronan execute first MTN on Origin
The pair successfully raised AU$30 million using the debt origination platform.
DXC and Zafin form core systems partnership
This aims to bring product and pricing control solutions to Hogan and Celeriti users.
Proven Wealth becomes ERI’s first customer in Jamaica
The wealth management firm currently uses the Microgen-derived 4Series platform.
Beware the “finhealth-washing” of financial services
Consumers need help, not slogans. Financial services companies have a chance to do right by doing good.
Manulife Bank deploys Kasisto’s AI chatbot
Talk with a robot for all your banking needs.
Bank of Ireland UK sells credit card portfolio for £530m
Jaja will become the consumer credit card issuer for the bank and the AA.
ICC 2019, Moscow: an interview with Dmitry Samartsev
Bi.Zone’s CEO talks about the interactions between governments and companies around cybersecurity.
Top fintech stories this week – 28 June 2019
The very best fintech news this week!
New mobile account in India Wizely gears for launch
New mobile account in India Wizely gears for launch
BBVA creates AI Factory to drive data innovation
The team will work on both customer and internal solutions.
Monzo hits £2bn valuation
The latest funding round raised £113 million.
The curse of collective Alzheimer’s: dispatches from industry conferences
An industry asking itself the same questions for ten years despite having the answers is an ailing one.
Broadridge takes over Northern Trust’s PE DLT platform
The move is viewed as a step towards an industry-wide PE blockchain solution.
Open hits $50m funding for SME banking
The Indian fintech will use the funds to scale up the team.
How to enter a banking market
The lowdown and practical examples of how to launch a bank.
Three old-school self-service strategies to ditch – and what to do instead
The ATM is the only channel that provides cash access anytime, anywhere. Take advantage of its huge potential!
Arival takes step closer to US banking licence
The fintech has launched a $3 million crowdfunding campaign.
Banque du Caire goes live with Temenos Infinity
The bank has also chosen the Temenos T24 Transact core banking solution.
Metro Bank selects Artesian’s KYC solution
Data-driven automation of KYC and risk, aims to improve onboarding processes.
FFIEC – has compliance caught up to security?
Examining the Federal Financial Institutions Examination Council (FFIEC) compliance controls.
Video: fintech news weekly round-up – 24 June 2019
Facebook’s new crypto is here!
White paper: Keeping secrets secret – how to protect confidential documents in a global bank
How a global bank leveraged Sinequa’s AI-powered search & analytics platform.
Bank of Mongolia picks Intellect’s Central Banking Solution
The central bank’s digital transformation is part of a national vision for the economy.
Finicity and LendingQB partner to accelerate mortgage process
The solution helps lenders spot underwriting factors that can make the process faster.
Thomson Reuters to acquire Confirmation
It will expand core tax, accounting, and audit solutions.
Roostify teams up with HSBC Bank USA
The new tech will revamp the digital mortgage experience.
HooYu and NatWest collaborate to offer account opening by selfie
The bank’s competitors HSBC and Lloyds began offering “selfie banking” in 2016
ICC 2019, Moscow: attacks of all shapes and sizes
An overview on cyber threat trends.
JP Morgan and StatPro form strategic alliance
The five-year partnership will develop risk and performance attribution capabilities.
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.
