Challenger bank Fiinu to put people before profit
Digital bank Fiinu plans to launch in early 2019.
BankingTech
Bankwest launches Australia’s first payments ring, Bankwest Halo
“Just grab the things you need, fist-bump the terminal and go.”
BPCE signs for Meniga’s digital banking tech
Meniga’s tech will be implemented at BPCE’s Banques Populaires and Caisses d’Epargne in France.
Coconut launches business current account for self-employed
Coconut “cracks open” its app-based business account for freelancers and self-employed people.
Nationwide’s internet banking takes the night off
Night and day. Day and night. Whatever the time, you can’t be sure of UK banking.
Finabank in core banking tech revamp with Temenos and Sofgen
Finabank in Suriname has signed for a front-to-back office suite of tech from Temenos.
ANZ CEO seeks better banking PDQ
Sends lengthy letter to staff urging restoration of customers’ trust in wake of commission on banking misconduct.
ABN Amro, ING and Rabobank hit by cyberattacks
All suffered a series of DDoS attacks last weekend.
ANZ internet banking goes dead
Ten hours a slave… to Twitter complaints.
API developer platform TrueLayer integrates with Monzo
Takes advantage of the UK’s new open banking rules.
PostFinance in core banking tech upgrade
Swiss Post’s financial services arm will be updating its core banking software over the Easter weekend.
Challenger bank Ummah Finance seeks CTO
UK-based start-up Ummah Finance looking for a CTO and other senior execs to join its team.
EFG and BSI unite on Temenos T24 core banking system
The BSI business was moved from Avaloq Banking Suite onto Temenos’ T24.
Will Open Banking usher in a new era of customer-centric banking?
And will it fundamentally improve customer service in the banking industry?
Bank of England recovers from IT issues
Resolves technology communications problems following a regular internal IT update.
New bank to launch in California, Endeavor Bank
First new bank to open in San Diego in ten years and one of only two new banks in California since 2010.
Top fintech stories this week – 26 January 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Geezeo powers PFM platform for F&M Bank of Virginia
“Stow away” savings with Squirrel.
Banking tech round-up: 25 January 2018
Features Yolt, Chevy Chase Trust, FIS, Haven Savings Bank and Connecticut Online Computer Centre.
Lloyds online banking goes down
Things fall apart… again.
JP Morgan Chase invests $20bn for new branches and jobs
Includes 400 new branches, 4,000 jobs and an increase in staff wages across the US.
Unified monitoring: how banks can plan for success, not just prepare against failures
How to stay competitive among other brick-and-mortar operations.
2,000+ bank branches closed in US in 2017
Digital is all the rage now for US banks.
Sharjah Islamic Bank implements SunTec’s Xelerate for VAT
SunTec will facilitate in computing and invoicing of the new Value Added Tax (VAT) for SIB in the Gulf region.
Challenger BankiFi launches with open banking battle cry
Platform’s launching customer is Nordea’s developer portal.
Zopa enhances executive ranks with new trio
En route to its launch of a challenger bank later this year.
New UK mobile bank Countingup brings heart to sole traders
Will focus on the 4.5 million sole traders, freelancers and contractors in the UK.
Member Driven Technologies adds four US credit unions
They all opt for Symitar Episys core banking platform.
The open future is here: now comes the hard part
The arrival of open banking will (eventually) prompt entirely new services.
Open banking: what you need to know
The landscape for financial services is changing, and the jury is still out on how the endgame is going to play out.
Banking tech round-up: 22 January 2018
Our southern stars are Bank Zero, Westpac and Commonwealth Bank of Australia.
HSBC can’t dodge DoJ’s $63m fine for major FX up
Part of a three-year deferred prosecution agreement with the US Department of Justice.
Al Hilal Bank selects SunTec to sidestep VAT law splat
Will use Xelerate solution for the management of the newly introduced Value Added Tax (VAT) regime.
Immigration in the banking technology industry: a positive story
The banking technology sector suffers from skills shortages and relies heavily on foreign nationals.
Citi plays Cupid for university talent search
Shoot that fintech arrow to my heart!
Nationwide goes live on Murex treasury and capital markets tech
Using MX.3 front-to-back-to-risk platform.
Banking tech round-up: 19 January 2018
Featuring Fiserv, HSLC, Zürcher Kantonalbank, Contovista, Piraeus Bank, Intellect Design Arena and Bank of Baroda.
Blockchain – not for payments?
Blockchain still has the subject of heated discussion and massive investments of time and money.
IBM and Cargills Bank bring cognitive security thrills to Sri Lanka
Using IBM QRadar, a security intelligence platform, along with QRadar Advisor with Watson.
NAB asks Alexa for hands-free banking
Users can now perform tasks such as requesting their account balance or getting details on their latest deposits.
