Raphaels fined £1.9m by FCA and PRA for outsourcing mismanagement
The bank didn’t properly manage the outsourcing of payment services.
BankingTech
Case study: the data that turned around banking giant Lloyds
How setting the right business KPIs can be the first step to turning around your business.
Founders Bank anticipates EU licence in Q4
Malta and London-based start-up is backed by crypto exchange Binance and venture capitalists.
Step and Kard target teen market for banking
Both banking apps have launched their waiting lists.
Nigerian banking start-up favours Oracle FSS
EXCLUSIVE: Titan Trust Bank selects Oracle FSS for its core and digital banking technology.
On becoming, and the burden of experience
Experience means you no longer have excuses for not doing the things you know need doing.
Emirates NBD builds AI-enabled bank with AWS
The Middle-Eastern bank is applying tech to customer sevice.
Swedbank partners with Kaching Retail to develop mobile payments
The bank has also become a key investor.
Blockchain: a question of scale
Blockchain will become the operating system which underpins the digital economy.
River Valley Community FCU becomes first in Arkansas to adopt POPi/o video banking
The credit union has more than 7,200 members.
Case study: ATB Brightside – shining a light on digital banking
All about the new challenger bank in Canada and its tech.
New APP scam protection code comes into force
Victims now more likely to get their money back.
Nasdaq concedes to Euronext in battle for Oslo Bors
Withdrawal comes after Euronext wins Ministry of Finance approval.
Teen banking fintech Pixpay raises €3.1m launch funding
The Paris-based start-up was founded four months ago.
Zero closes $20m Series A to serve 200,000-strong waitlist
Offers a combination of debit and credit card.
Video: fintech news weekly round-up – 28 May 2019
News on Facebook, Monzo, Transferwise, and more!
Qudos Bank escalates legal battle with Infosys
Alleged copyright infringement, breach of contract and misuse of confidential information.
Meridian CU first in Canada to take MX Pulse financial wellness tool
If you’re going to bring your new, self-guided financial wellness tool to Canada, you might as well start big.
Joining the dots: the evolution of correspondent banking
Assessing the potential benefits of joining several digital platforms to form a “network of networks”.
Infosys to power GTB’s digital strategy in Myanmar
Understood to be replacing 3i Infotech’s Kastle core banking system.
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
Kyriba is first treasury platform to offer corporates RTP through JP Morgan
Corporate clients of both firms can use the service.
UBX and Temenos to deliver inclusive digital banking to Philippines
The aim is to reach millions of people over the next five years.
Luminor picks Eurobase to consolidate markets and treasury operations
The Siena solution will to help provide a unified and modern digital service.
Rise up women – you can do it, you really can!
Be bolder, take risks, network, and challenge unconscious bias!
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Standard Chartered partners with IBM to launch Trade AI Engine
Aims to significantly automate trade document processing.
Deutsche Bank’s suspicious transaction reporting hit by software glitch
The problem has prevented flagging for almost a decade.
The profound romance of plumbing and core banking infrastructure
What if, by treating the core capabilities as utilities we could totally change the game?
Capgemini powers Skandiabanken’s new mortgage platform
The new tech uses the Pega Platform, the digital process automation (DPA) platform from Pegasystems
HSBC chooses Globality’s AI self-serve procurement platform
Solution avoids limitations of analogue legacy systems.
Allegacy FCU takes Fiserv core and other applications
The institution is understood to be replacing FIS’ old Miser system.
Introducing: ask the expert – your questions on growing the business answered
How to secure a meeting with a prospect, the difference between demand and lead generation, and more.
DevOps firm CloudBees gets capital injection from HSBC
HSBC uses CloudBees Core platform for its software delivery system.
European banks sign up to gpi trial on TIPS
Designed to smoothen out real-time payments in Europe.
TransferMate lands major deal with WellsFargo
The financial details haven’t been disclosed.
Lloyds announces new digital tech hub in Edinburgh
Plan will create 500 high-skilled jobs over next 18 months.
Money transfer app Pangea looking to offer checking accounts
More firms are looking to jump into the challenger bank world.
Video: fintech news weekly round-up – 20 May 2019
Fintech investments, and how Brits use fintech services!
Major banks pledge $50m to develop digital cash settlement system
The names of the banks have not been disclosed.
