Kony brings digital magic to Partners Federal CU revamp
Ploy Story or Beauty and the Increased?
BankingTech
Kuwait Finance House Bahrain revamps online banking tech
KFHB has implemented a new online banking system, Ethix-Net, supplied by International Turnkey Systems (ITS).
Tandem launches travel cashback card in UK
Digital challenger bank launches its first product in the country.
Hackers swipe $2m from India’s City Union Bank via Swift
Three “fraudulent remittances” – sent via correspondent banks to accounts in Dubai, Turkey and China.
Russia’s beta biometrics brings better banking security
Tinkoff Bank, VTB Bank and Pochta Bank have presented a beta version of their unified biometrics system.
Hackers steal $6m from Russian bank via Swift
Russian central bank disclosed the information… very discreetly.
Overcoming the challenges: back-up and storage
Now is a good time for banks to achieve cost-savings and regulatory compliance.
US Bancorp hit with $613m fine for AML fails
Anti-money laundering activities not noticed due to a lack of staff and resources.
CBA blocks credit card purchases of virtual currencies
The Commonwealth Bank of Australia is following in the wake of others.
HSBC online and mobile banking goes down
UK not OK… as usual. Out for the count for a few hours.
Nxchange pioneers ABN Amro’s blockchain tech for escrow accounts
ABN Amro Clearing Bank (AACB) has developed a blockchain-based alternative for escrow accounts.
Softtek and Mambu unveil banking Platform-as-a-Service
SaaS-y engine provider partners with Mexican system integrator.
Q2 and Acorns strike a multi-year tech deal
Digital banking solutions provider Q2 has signed a deal with financial services platform Acorns.
Lendtech Roostify lands $25m to disrupt mortgage industry
Roostify’s Series B funding round comes from new and existing investors.
KBC in group-wide tech renovation project with Temenos
KBC is on a “progressive renovation” journey of its international operations.
Top fintech stories this week – 16 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
BBVA taps digital start-up Azlo to target US freelance market
Bank partners with business account provider for American dream.
Temenos enjoys software licensing growth of 22%
Revels in a decent 2017 and keeps the momentum gained in 2016.
Fintech start-ups acquired by banks – CB Insights
2017 saw more acquisitions by top US banks than any other year.
Wirecard brings digital touch to ReiseBank’s bankomo app
Expanding collaboration by enabling users to top up smartphone account without minimum purchase requirement.
BinckBank and Raisin double up for Dutch savings market
Launches new product “Binck Savings” – users can deposit funds with selected European partner banks.
Bankjoy plays it SafeAmerica CU for mobile banking
US credit union enrolled 25% of its active users within the first day of the launch.
Mashreq Bank harnesses Blue Prism digital workforce
Blue Prism integrates AI and automates dozens of processes across various business functions.
POPin’s video banking gets some love in LA-LA land
CalCom Federal Credit Union selects POPin’s interactive mobile video banking solution.
Glossary: what’s what in fintech
What’s what in fintech? Here is a glossary of the most commonly used terms.
Fiorano the firepower in I&M Bank’s digital leap
Kenyan bank will use Fiorano’s platform while integrating with Infosys’ Finacle core banking system.
SGBL turns to Backbase for digital banking revamp
Lebanon-based Société Générale de Banque au Liban makes its choice.
Jack Henry marks 100 bank clients using Geezeo-powered PFM service
A major milestone in the Jack Henry and Geezeo partnership.
Distribution Finance Capital seeks UK banking licence
DFC is focused on providing additional working capital to product manufacturers, distributors and dealer networks.
TruFin steps into UK challenger bank zone
TruFin started trading on the alternative investment market of the London Stock Exchange.
Vietcombank in lendtech revamp with ACP
Axe Finance’s Axe Credit Portal to modernise wholesale lending tech at Vietcombank (VCB).
More fintech firms embrace Starling’s Marketplace
New group of partners includes PensionBee, Wealthsimple, Habito and Kasko in partnership with AXA.
Infographic: who is ready for Open Banking in Asia?
IDC Financial Insights maps the readiness for Open Banking among Asia, Asia Pacific and Australasia markets in 2018.
Stanbic Bank in core banking system upgrade with Validata
Validata has gained a new taker in Africa for its quality assurance (QA) software – Stanbic Bank.
Survey: Banking & fintech – how can commercial banks stay ahead?
Conducted by Fraedom and FinTech Futures to create a comprehensive study on banking and fintech.
India Post Payments Bank ready for nationwide roll-out
IPPB will operate via the India Post network of 155,000 branches and have 650 offices for back-end support.
Podcast: [the SME sector is] so hot right now
11:FS Fintech Insider show featuring FinTech Futures’ Tanya Andreasyan.
How the bank of tomorrow engages its customers today
Customer proposition depends on a data driven approach designed for early adopting, millennial professionals.
Nordic banks mull common payments infrastructure
Danske Bank, DNB, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank in talking mood.
Abcul searches for new CEO as Mark Lyonette moves on
Abcul’s CEO position comes with a circa £70,000 annual salary.
