Ant Financial powers Shanghai Pudong Development Bank’s digital overhaul
Helps with risk management, AI, supply chain finance and biometrics.
BankingTech
Digital bank Lidya lands $6.9m funding
The latest round brings the bank’s total funding to $8.2 million.
Former MD of Metro Bank preps new SME challenger
New UK-based bank to be called Recognise.
Disruption on its way, are banks ready?
A disruption is typically an opportunity long before it becomes a threat.
US banking app CapWay readies to launch
Targeting millennials who are either underbanked or uncertain.
Germany’s largest private and commercial bank launches
Merger of Postbank and Deutsche Bank’s private and commercial clients business has concluded.
Big bank’s mobile app Beem IT goes live in Oz
Australian app created by CBA, NAB and Westpac.
Tandem reaches 100,000 clients, signs for Form3 paytech
Wants to match Lloyds Bank in terms of customer numbers in ten years time.
Silicon Valley Bank comes to Germany
The new branch will be based in Frankfurt.
ICICI Bank unveils innovation labs
Indian bank follows the digital trend.
nCino partners with Tech Qualled to help veterans get into fintech
nCino celebrated the Memorial Day in the US with a new partnership.
Temenos Community Forum 2018: digital to the core
A round-up of TCF 2018 – all the best bits (and pictures).
Temenos on M&A trail to grow US business
Anti-money laundering (AML), fraud and wealth management are the focus areas.
Infographic: the generation game
Sainsbury’s Bank examines the financial habits of different generations.
ING launches developer portal
Dutch bank wants to work more closely with external developers.
Deutsche Bank Luxembourg turns to Avaloq for core banking tech revamp
Avaloq Banking Suite creates a single cash ledger for Deutsche Bank in Luxembourg.
Top fintech stories this week – 25 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
ABN Amro hit by DDoS attack
Dutch bank’s services either not available or very slow.
Clever UK mobile banking app Bofin preps for launch
A chartered engineer unleashes his new fintech creation.
Crédit Mutuel turns to IBM for major digital revamp
All in for IBM’s AI, cloud and cybersecurity.
Infographic: card fraud – is biometrics the missing piece of the puzzle?
Thumbs up as Fingerprints is on hand to help with some pointers.
Tinkoff Bank to launch new development hub in Sochi
Russian bank working with the Talent and Success Foundation.
Merchant Bank of Sri Lanka live with Fiserv’s core banking tech
Implements Signature system and front-end Teller solution.
Julius Baer live with Temenos wealthtech
Private banking group has completed its migration.
Deutsche Bank to cut 7,000 jobs
One in four jobs in its equities sales and trading business to go.
Commerzbank makes first major FX pilot transaction via blockchain
First deal involving a large German corporate.
Bank of England’s digital currency pushes ahead
The central bank digital currency (CBDC) begins to take shape.
Addiko Bank puts digital banking solutions on Appian
Austrian bank finds the way to low code developer’s platform.
Finca picks Autosoft’s core banking system for Pakistan
Autosoft’s Autobanker beats Oracle’s Flexcube and Temenos’ T24 to the deal.
KBC in instant payments project with Temenos
Fresh from Temenos Community Forum 2018 in Dublin, Ireland.
OCBC goes all Touché feely for biometric-based payments
All at the touch of two fingers.
Ant Financial lights up China Everbright Bank’s digital revamp
Overhaul includes cloud platforms and mobile architecture.
Four Finastra’s a jolly good fintech fellow
And so say all of US. (Well, four firms do.)
Regtech warrior BearingPoint storms Citadele Bank Lithuania
Walls come tumbling down as BearingPoint makes its Lithuanian debut.
Maybank makes a Grab for cashless payments in Malaysia
Bank and ride-hailing service team up.
Tradeshift Pay to take the pain from supply chain
Cloud platform will bring together supply chain finance and blockchain-based payments.
Barclays escapes fraud charges over Qatar capital raising
But UK’s Serious Fraud Office is “likely to seek to re-instate these charges”.
Image is everything with ABN Amro’s new webcam advisory service
Dutch bank unveils Beeldbankieren.
Mastercard Accelerate-s search for fintech mates
New Accelerate initiative to offer tools, tech and investment.
Castlight Financial brightens HSBC UK’s first open banking loan
Bank uses Categorisation-as-a-Service to process live loan.
