Natwest business customers at risk due to security software
The bug is now fixed.
BankingTech
HSBC to offer BlackRock’s Aladdin software to wealthy customers worldwide
BlackRock also announces acquisition of eFront
Pakistan’s first microfinance bank moves over to Temenos T24
Originally selected in early 2017.
Project BankNorth partners with nCino ahead of 2020 launch
The bank will use nCino’s Bank Operating System for customer experience.
Can COO perform the CFO role using “intelligent automation”?
The introduction of intelligent automation will compel the profession to become more creative.
UBS bank fined £28m by FCA for misreporting transactions
This comes on the back of a series of penalties in the past few months.
Bank of the West shifts to hosted for Systematics core
The bank is a long-standing user of the mainframe-based core system.
Top fintech stories this week – 22 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking industry thwarted £1.66bn of fraud in 2018
But £1.2bn was stolen during the same period.
Four digital and traditional trends in banking in 2019
Don’t discount something because it doesn’t fall strictly into our pro-technology bubble.
Wolters Kluwer gets new credit union win in Florida
Grow Financial Credit Union is implementing lending and compliance solutions in 26 branches.
Six Spanish banks sign up for gpi cross-border payments
Adoption of gpi has seen a year-on-year increase of 270%.
Instarem partners with First Data to enable card issuance
It will begin with corporates and fintechs in Singapore.
White paper: Beyond Banking – what traditional banks and neobanks can learn from each other
What traditional players and challengers can teach each other, and how to beat bigtechs in the digital banking race.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
Temenos gains new business from Akcelerant-derived user base
Maps Credit Union, Hudson Heritage Federal Credit Union and Guardian Credit Union.
New voice-powered Finley AI offers financial and pension advice
The creator claims that Finley AI is a world-first innovation.
Interview: Anthony Thomson, 86 400 – roaming numerals
What makes 86 400 different from its rivals, and why the big four Down Under got what they deserved.
VSoft’s Wings core banking system lands in the US
VSoft says Wings was “built from the ground up” and already has users.
CreditLadder and Nationwide team up to help renters buy a home
They say it’s the first relationship of its kind in the UK.
Incumbent financial institutions harness the power of the entrepreneurial mindset
Introducing Extrapreneurship, a new programme helping employees of large FIs to adopt the entrepreneurship mindset.
NatWest partners with Tieto to launch virtual account platform for business
Companies will be able to digitally self-serve their clients’ accounts.
2gether expands its prepaid crypto card into Europe
Consumers will be able to spend crypto as easily as euros.
StanChart’s new platform connects start-ups and investors
SC Ventures Fintech Bridge will serve as a nexus for industry players linked to the bank.
Urban FT Group brings community banks to the mobile era
To compete with the top tier banks’ services and tools for customers.
Open banking: progressing to the summit
Banks and disruptors alike are still trekking through the foothills of open banking.
Video: fintech news weekly round-up – 18 March 2019
More open banking news, fintechs in LatAm, an a MasterCard acquisition.
Nets to support Sbanken’s open banking across Nordics and Europe
“Banking as we know it will change radically.”
Sweden’s SEB chooses DTCC’s Global Trade Depository to meet SFTR obligations
DTCC has added data transformation services to its SFTR offering.
FIS acquires Worldpay for $34bn
The resulting merger will have an enterprise value of approximately $43bn.
White paper: Artificial intelligence for executives
Learn how to integrate AI into your organisation with this SAS white paper
First Direct invites customers to co-create new products
The launch of fdesign follows the introduction of peer-to-peer payments system fdpay in January.
Top fintech stories this week – 15 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
South Africa’s Standard Bank to axe 1,200 jobs
It will also close 91 branches in the name of digitalisation.
Spanish stock market operator BME tests blockchain for collateral pledge
BME and Renta 4 Banco have carried out their first digitisation.
BNP Paribas Fortis dreams up Didid app for savings
The app is virtually linked to users’ current and savings accounts.
StanChart to set up digital SME platform in India
Will offers business loans, invoice/supply chain financing, and commercial insurance.
Bulgaria’s Municipal Bank gets core and payments tech from Oracle
EXCLUSIVE. It is understood new tech will replace CSoft’s VCSBank.
Same old banking and bananas
Good UX is like a joke. If you have to explain it, it ain’t that good.
Kakao’s crypto business raises $90m funding
Ground X plans to raise a similar sum this week.
