UK’s Nationwide invests in AI regtech Hazy
The second investment in its £50 million Venturing Fund.
BankingTech
Bancomat to unleash digital payments in Italy
Bancomat Pay will integrate SIA’s Jiffy service.
IBM ties up with Thai Krungsri Bank for $140m digital overhaul
Pushing Krungsri’s plans to become a tech leader.
Al Baraka Bank Lebanon kicks off core banking revamp
It is a long-standing user of Misys’ (now Finastra) Equation.
UK payments start-up ApTap readies to bootstrap
Fintech challenger founded by Imperial College London graduates.
US regulator opens up national bank charters to fintech
Office of the Comptroller of the Currency now welcomes applications.
Outsourcing to the cloud: the impact of the EBA recommendations
The lowdown on the impact on financial institutions and cloud service providers.
Barclays and JP Morgan lead $14m funding in Cloud9
Cloud9 will speed up roll-out of its SaaS-based voice communications platform.
Brazilian urban mobility payments firm Veloe arrives
Bradesco and Banco do Brasil jointly launch new venture. Tech provided by Technisys.
Everex to create Myanmar-Thailand blockchain payments corridor
In partnership with Shwe Urban and Rural Development Bank.
How we banked a billion people and what to do next
Financial inclusion has advanced where governments have prioritised it.
ebankIT to power digital banking for Canada’s Coast Capital CU
Canada’s largest credit union by membership turns to ebankIT.
Tips for writing a Banking Technology Awards winning entry
Let us know why your project deserves the recognition.
Bank Leumi to sell card business to Warburg Pincus for $682m
Warburg Pincus opens its fintech warchest yet again.
Barclays battered in Current Account Switch Service contest
Latest CASS figures reveal the winners and losers.
Fintech infrastructure firm C88 gets $28m funding
Funding round led by Experian, alongside many other investors.
TransferMate finds €21m investment mate in ING
They want more SME customers and corporate clients.
Poland’s Horum Bank readies for launch abroad
Seeking a licence from one of the Baltic countries.
CLS and IBM furnish fintech with hosted blockchain service
Duo unveils services hosted on DLT platform LedgerConnect.
mBank and Commerzbank prep pan-European challenger
Project Kopernik (Copernicus) will initially target Germany.
City of London Group to acquire Acorn to Oaks for £1.4m
A2O focuses on SME and insurance products.
How loan providers will be using blockchain
The concept of blockchain is still very alien to many.
Isbank opens API portal in Turkey
Initially offering 14 APIs for developers.
Monzo challenges Starling with joint account launch
Starling has had a head start.
VTB Bank in Armenia updates mobile and online services
Only 7% of transactions were made online in the first six months.
TSB’s April IT crash leads to £107m loss
Results in a loss of customers and increased post-migration costs.
Feedzai to help Credorax fight merchant fraud
Feedzai uses big data technology to stop payment fraud in real-time.
Switch brings voice tech to its CardSavr API
CardSavr will use natural language processing for managing cards on file.
Top fintech stories this week – 27 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Starling faces payment and app issues, again
The bank struggled with its payment processor in the past.
Banking Trojan Kronos reborn
New version rebranded Osiris and is being sold on underground markets.
MBT Bank outsources core banking tech to Jack Henry
MBT Bank has signed for Jack Henry’s Silverlake (core banking) and Banno (online and mobile channels).
Deutsche Bank debuts digital signatures for corporates
Accelerated account openings have arrived.
Infosys’ Finacle core banking system gains new taker in Myanmar
Ayeyarwaddy Farmers Development Bank in tech overhaul with Infosys and ACE Data Systems.
Swift unleashes gpi for corporates pilot
Corporates and banks to test a new multi-bank payments tracking solution.
Five Degrees buys Icelandic core banking provider Libra
Dutch firm seeks boost to its digital banking ambitions.
German digital platform WeVestor powers up
Berlin-based firm targeting entrepreneurial investors.
Rabobank upgrades card management with ACI Worldwide
To help the bank improve its declining card business revenue.
Topicus puts Magic Software $2.3m touch on tech development
The five-year agreement is a plan to boost Topicus’ operations.
UK bank Secure Trust selects nCino for digital lending ops
Bank will use nCino’s system for real estate financing.
