Bank of England angles in on fintech hub scene
News revealed at yet another fintech conference in London.
BankingTech
Australian neobank Xinja launches card and app
“This isn’t a finished product, it’s a step in our journey with our customers.”
Swift goes universal for real-time payment tracking
gpi Tracker extended to all payment messages.
Top fintech stories this week – 23 March 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
RBC first Canadian bank to open API developer portal
Royal Bank of Canada is initially offering five API packages.
Digital bank bunq launches Apple Pay; comes to Italy and Spain
bunq is expanding into Spain and Italy, and has also introduced Apple Pay, the first in the Netherlands.
FICO revamps risk management tech at Basisbank
Denmark-based online lender Basisbank implements FICO’s Blade Advisor rules management system.
Executive decision making and emergent tech: the opposite of cricket
If decision makers want to learn, they should put in the effort. Or pass the controls to people who do.
Beacon Community Bank opts for Jack Henry’s Silverlake core banking system
The solution is supplied on a hosted basis via JHA OutLink Processing Services.
Gatehouse Bank launches Islamic home financing platform
Underpinned by a bespoke case management solution, based on BEP Systems’ Apprivo2.
Personetics brings cognitive banking to Banca Transilvania
Romania’s second largest bank will integrate AI guidance into its digital banking.
UK regulator grants Tide e-money authorisation
UK-based SME banking start-up Tide is “entering adulthood” as it turns 15 months old.
Japan Post Bank stays Earthport bound for payments push
To deliver cross-border services across North America and Europe.
SAB lands new core banking tech deal in West Africa
The Confédération des Institutions Financières d’Afrique de l’Ouest (CIF) in tech revamp with SAB.
Mobile card control tech vendor Ondot expands to Asia
Ondot Systems’ Mobile Card Services solution is coming to Asia.
Standard Chartered hit with $4.8m fine for AML and CFT breaches
Risk management and controls were “unsatisfactory”.
equensWorldline to process instant payments for de Volksbank
De Volksbank has chosen equensWorldline to process its immediate payments transactions.
Bank of England chief claims cryptocurrencies kind of cool
He’s changed his tune.
Metro Bank in shout out for “walk out trading” service
Will allow businesses to accept debit and credit card payments as soon as account is opened.
BB&T scraps SAP core banking tech project
SAP’s first core banking technology project in the US is no more, it is believed.
BBVA doesn’t hide “invisible payments” strategy
Bank is developing payment methods based on biometrics to make checkout at stores “invisible”.
New Pelikin app fits the bill for globetrotting millennials
The start-up is looking for investment on Australian equity crowdfunding platform Birchal.
Absa takes payments shot with Sling Pay
South African bank unveils new app that allows users to send money, data and airtime.
N26 raises €110m and eyes US expansion
German mobile challenger bank will also consolidate its presence in Europe.
Beyond the bustle and the noise, my Money20/20 Asia takeaways
At the right events, you get to take the pulse of an entire industry and if you listen, you shall hear.
BMO launches banking chatbot with Finn.ai
The new chatbot – BMO Bolt – is available via Facebook Messenger.
Isabel Group and norbloc to pilot blockchain KYC project
Working together with Belfius, BNP Paribas Fortis, ING and KBC.
Standard Chartered unveils group’s first-ever digital bank in Africa
The pilot location for the new digital bank is Côte d’Ivoire.
FATF inspects UK’s defences against terrorist financing and money laundering
The Financial Action Task Force (FATF) is on the UK soil putting the country through its paces.
Top fintech stories this week – 16 March 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
BlueOrange Bank deploys Latvia’s first contactless card ATMs
The ATMs are provided by Diebold Nixdorf and installed by BS/2 Latvia.
Fintech funding round-up: 15 March 2018
Featuring Mosaic Smart Data and YellowDog.
OCBC Bank to be “AI-first” with new AI unit
OCBC Bank will invest up to $10 million in its new AI lab, AI Lab@TOV, over three years.
Vietcombank revamps trade finance tech with Finastra
Finastra’s Fusion Corporate Channels and Trade Innovation will cover front-to-back office trade finance ops.
Eastern Caribbean Central Bank to pilot blockchain tech with Bitt
A fintech pilot using blockchain tech to be carried out in the ECCB eight member countries.
Infographic: the importance of face-to-face banking
Technology might be proliferating, but customers still value personalised service above all else.
Tandem acquires money management app Pariti
UK-based challenger bank Tandem is buying Pariti, a money management app with 95,000 users.
Ant Financial invests $184.5m in Telenor Microfinance Bank
Ant Financial now owns a 45% stake in Pakistan’s Telenor Microfinance Bank (TNB).
First Abu Dhabi Bank deploys Fircosoft global sanctions screening tech
First Abu Dhabi Bank is “setting the standard for financial crime compliance in the Middle East”.
RBL Bank in lendtech project with CreditVidya
India-based RBL Bank has teamed with provider of credit underwriting solutions CreditVidya.
