Tandem Bank adds auto-savings rules
“Improving savings habits is one of the hardest things someone can do.”
BankingTech
CFCU Community Credit Union in tech revamp with Fiserv
CFCU Community Credit Union has signed for a suite of solutions from Fiserv, Digital EdgeSM.
Ugandan Orient Bank taps Profile Software for treasury management
Orient Bank in Uganda has selected Profile Software’s Acumen.
Wells Fargo plans to cut 26,500 jobs
Significant job cuts expected over the next three years, according to CEO.
ING Bank in Romania closes physical cash desks
ATMs will be the only choice to withdraw and deposit cash by the end of October.
Australian Military Bank powers digital transformation with Infosys Finacle on cloud
AMB and Infosys implement SaaS model digital banking suite in ten months.
Open Banking shouldn’t be written off, the revolution is just starting
Realising the benefits that Open Banking will deliver will take time.
India’s central bank shortlists five vendors for data project
The Reserve Bank of India (RBI) keen to harness the power of big data.
Revolut records annual loss but revenue grows fivefold
Revolut’s 2017 revenue stands at £12.8m and customer base at 1.3m.
BBVA’s app shows account activity from other banks
BBVA’s has become the first bank in Spain to offer this service.
Fiserv scores three core banking tech clients in Canada
Crosstown Civic CU, Noventis CU and IC Savings sign for Fiserv’s DNA platform.
Tangerine sweetens up with Meniga’s PFM tech
Canada’s direct bank ups its PFM offer with Meniga’s tech.
The future of client onboarding
Every interaction that your customer has with you is an opportunity for you to make an impression.
Barclays unveils new digital platform in Western Europe
UK bank looking for more action in the corporate space.
Gemalto and R3 launch blockchain-based digital ID platform
One identity in all online sites.
Bank of England preps UK fintech for next decade
Its “Vision 2030” looks at the future of finance across the nation.
Westpac welcomes Siri for managing payments
First bank in Australia to do so.
Barclays, RBS and NatWest’s online systems go down
Only Barclays has resolved it so far.
DefenseStorm forges partnership with Alogent
A reminder of the importance of cybersecurity to the world of digital banking.
Top fintech stories this week – 21 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Virtual money assistant Cleo really gets $10m funding
The “Siri of personal finance” speaks about its Series A investment.
ING invests €7.5m in open banking ace Cobase
Dutch firm Cobase wants to expand beyond Europe.
Gibraltar International Bank gets ready to rock with core system revamp
New online and mobile banking services are on the way.
RBI says no to Yes Bank CEO staying on
The forced exit is a result of lack of compliance.
Goldman Sachs to spin off Simon finance app
In advanced talks with several firms to sell its three-year-old app.
Equifax fined £500k for UK security breach
15 million UK citizens were affected during the cyberattack in 2017.
Banks and traders unveil Komgo for blockchain-based trade finance
15 big names behind new Geneva-based entity.
Not learning is not a super power: language and the age of disruption
The biggest downfall of a shared language these days is in your office.
NatWest starts quantum computing testing
May be able to execute tasks at 300 times the speed of a traditional computer.
KGI Bank pioneers Taiwan’s first regulatory sandbox
In collaboration with Chunghwa Telecom.
ANZ waves hi to smartphone ATM access
All you need from an ATM, with the aid of your phone.
ING invests £5m in UK lendtech Funding Options
Dutch bank also takes minority stake in the SME lending marketplace.
Divido keeps it together with $15m funding
Aims to expand to ten more countries before the end of 2019.
Europol warns of crypto cyberattack increase
Its 2018 Internet Organised Crime Threat Assessment makes for grim reading.
Danske Bank’s CEO resigns over money laundering crisis
Related to €200 billion in possible money laundering in Estonia.
iSignthis acquires core banking tech vendor Probanx for €400,000
iSignthis paid €300,000 in cash and €100,000 in shares for Probanx.
No mystery as BB&T invests $5m in data firm Enigma
This is BB&T’s first outlay of its $50m fintech commitment.
Denmark’s central bank turns to SIA for new RTGS system
Later this year the country will be connected to Target2-Securities.
Fintech tour Frankfurt: ready for a post-Brexit world?
TechQuartier represents the first effort to help fintechs settle in the city.
UK banking tech firm Cennox gets £24m funding from RBS and NatWest
Surrey-headquartered firm plans more staff and acquisitions.
