Solidarity Community Federal Credit Union partners Mahalo Banking for digital banking upgrade
Mahalo’s online banking tech will integrate directly with the credit union’s Corelation Keystone core banking system.
BankingTech
US digital banking platform Milli Bank closes down
Milli Bank, which closed on 15 November, offered a savings and spending account.
Citi separates Banamex from institutional banking business in Mexico
The separation comes as Citi “continues to actively work” on the proposed IPO of Banamex.
Video: Highlights from FinTech Futures’ Banking Tech Insights: Limitless Banking panel and networking event
Watch our highlights video from the FinTech Futures Banking Tech Insights event on 14 November.
The UK’s proposed ESG ratings revolution: technology as the catalyst for compliance
With the FCA set to regulate ESG ratings providers in 2025, technology is emerging as a crucial enabler for compliance.
UK specialist mortgage lender Vida Homeloans secures full banking licence, rebrands as Vida Bank
Vida Bank will operate as a specialist mortgage bank offering residential and buy-to-let mortgages.
TSB names Banco Sabadell exec Marc Armengol as new CEO
Armengol will succeed Robin Bulloch, who is retiring after three years at the helm of TSB.
Standard Chartered exploring potential sale of wealth and retail banking units in Botswana, Uganda and Zambia
Standard Chartered says the potential sales will fund “incremental investment” in its wealth management business.
ICYMI fintech funding round-up: Habitto, Norbr, Tembo, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
November 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in November.
Reem Finance taps Temenos to power new digital community bank
Reem Finance’s new digital community bank will utilise Temenos’ core banking, payments, and data analytics tech.
HOPE: A new vision for financial services
By embracing the HOPE framework, we can transform financial services into a powerful force for positive change.
November 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in November.
Deutsche Bank adds $20m to Partior Series B as new strategic investor
Partior has now secured over $80 million through its Series B round.
November 2024: Top five banking technology stories of the month
FinTech Futures takes a look back at five of the top banking tech stories of the month.
Autotruck Financial Credit Union selects Sharetec for core banking software and digital member tools
The credit union will utilise Sharetec’s solutions to enhance the digital banking experience for its members.
Overheard on the tube
What is your organisation doing to make sure that ‘demoralising’ is not what the learning curve feels like?
November 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from November.
Macquarie Bank fined £13m by UK’s FCA
The FCA has fined MBL for “serious failings that allowed one of its employees to record over 400 fictitious trades”.
Monzo names former Nubank exec Tom Oldham as new group CFO
Alongside Oldham’s hiring, Monzo has appointed Mark Newbery as its new UK CFO.
Sweden’s TF Bank selects Nice Actimize for AML SaaS solutions
TF Bank has tapped Nice Actimize for its cloud-based SaaS AML Essentials offering.
Garanti BBVA launches new e-commerce payments platform TAMi
TAMi currently offers a multi-bank POS system and prepaid cards as its two main products.
Canadian credit card issuer Collabria Financial taps Trulioo for ID verification tech
Trulioo’s platform will be used to verify more than 14,000 ID documents and 700 million business entities.
HSBC Innovation Banking UK names Emily Turner as new CEO
Turner succeeds Erin Platts, who will step down in December to become CEO of Octopus Ventures.
Santander’s Getnet names Juan Franco as new global CEO
Juan Franco takes over from Kush Saxena, who is stepping down for “personal reasons”.
Garanti BBVA International taps Worldline for instant payments solution
The cloud-based solution will ensure GBI’s compliance with the EU’s Instant Payments Regulation.
City Bank selects Compass Plus Technologies’ TranzAxis payment gateway for e-commerce acquiring
The Bangladeshi bank has migrated its e-commerce acquiring business to the SOA-based solution.
BioCatch pilots fraud intelligence network with cohort of Aussie banks
Participating banks include NAB, ANZ, CBA, Suncorp Bank and Westpac.
Demystifying quantum computing
How do quantum computers work? How are they programmed? What do they look like and where can you find them?
CaixaBank plans to invest €5bn in technology over the next three years
As part of its strategy, CaixaBank plans to recruit 3,000 young professionals by 2027.
Central Bank of Brazil to pilot CBDC trade finance solution with Chainlink, Microsoft, 7COMm and Banco Inter
The solution will be based on Chainlink’s cross-chain interoperability protocol.
Nationwide taps HPE GreenLake for private cloud deployment
The migration of its on-premises IT estate is expected to cut Nationwide’s IT operating costs by 30%.
Which part of the script are you in?
Everyone inside your organisation needs to be actively aware of which part of the script they are in.
SEB Embedded taps Thought Machine to power BaaS offering
SEB Embedded has delivered its first solution for Swedish supermarket chain Hemköp.
Market Harborough Building Society launches financial education app with Doshi
The building society has used Doshi’s white-label app to launch the new offering.
Mexico’s Albo partners Paymentology to expand digital payment services
Albo plans to launch a new initiative with Mastercard to boost digital payments in Mexico.
CommonWealth Central Credit Union taps Jack Henry for tech upgrade
The $632 million-asset credit union is set to launch new products with Jack Henry’s core platform.
Revolut granted UK trading licence from FCA
Revolut now plans to launch new trading products covering UK and EU stocks and ETFs.
Goldman Sachs to spin out technology platform GS DAP into independent business
GS DAP has operated as part of Goldman Sachs’ Digital Assets business since launching in 2022.
Network International inks referral agreement with NBF for corporate omnichannel payment solutions
The deal will enable National Bank of Fujairah to offer Network’s digital payment solutions to its corporate clients.
