Redwood Capital Bank selects Apiture to power online and mobile banking
The bank will deploy Apiture’s digital platform to expand beyond branch and telephone-based banking.
BankingTech
2023 Mobile Banking Heists Report
29 malware families targeting 1,800 mobile banking apps – an essential read for those at the forefront of combating threats on the mobile platform.
Zimbabwe’s Success Microfinance Bank taps FinOS for core banking
The bank has partnered with FinOS to access its composable banking capabilities and increase operating ability.
More than words
Fintech has become one of those terms that people throw around to mean… whatever…
National Bank of Oman partners PayMate to modernise B2B payments
Using PayMate’s tech, NBO plans to digitise, streamline and automate its B2B payment processes.
Credit union FirstOntario readies for Canada’s open banking push with Flinks and Everlink
The partnership is in anticipation of Canada’s 2025 rollout of open banking.
UK fintech Chetwood Financial appoints Julian Hynd as new COO
Hynd previously spearheaded the commercial transformation of UK-based Redwood Bank.
Southeast Asian fintech Salmon acquires controlling stake in Filipino bank
Once the deal is completed, Salmon will own 59.7% of the Rural Bank of Sta. Rosa (Laguna).
Amethis buys majority stake in Capital Banking Solutions
Amethis plans to help CBS to “accelerate its organic growth, especially internationally”.
Barclays’ bid to cut costs saw 5,000 jobs axed in 2023
A Barclays spokesperson confirms the cuts were part of the bank’s “ongoing efficiency programme”.
Boost Bank secures regulatory approval to begin operations in Malaysia
The new digital bank has been formed through a partnership between Malaysian fintech Boost and RHB Banking Group.
National Bank of Iraq and Capital Bank of Jordan overhaul core banking with Temenos
The two institutions have gone live with the vendor’s Temenos Transact core banking solution.
Demystify Podcast: Griffin, a brand new UK bank, with David Jarvis, co-founder and CEO
Griffin’s CEO and co-founder, David Jarvis, demystifies the complex layers of the UK challenger bank’s proposition.
Vietnam’s LPBank taps Finastra and NGS for treasury solution
LPBank says its deal with Finastra forms part of its wider digital transformation strategy.
Specialist neobank Panacea Financial names Ryan Gorney as new CTO
Gorney joins the company from Seacoast Bank, where he served as EVP CTO and chief innovation officer.
Banco de España announces partners for wholesale CBDC trials
The Spanish central bank’s trials are expected to run for around six months.
ECB ramps up preparation phase for digital euro with calls for component providers
The ECB is issuing five contracts to vendors worth a total of €1.1 billion, with work due to begin in early 2025.
Being a radical thinker: how to inspire meaningful and sustainable change
It’s not easy to drive change in a corporate world that rewards convention.
Security Bank of Kansas City selects NCR Atleos to manage ATMs
The agreement will see the bank adopt its partner’s ATM-as-a-Service and ITM-as-a-Service offerings.
Blue Federal Credit Union partners Cotribute for digital account opening platform
Cotribute says it was able to launch digital account opening for new and existing members “in just 30 days”.
Former Starling Bank exec Helen Bierton to lead everyday banking for Lloyds
Bierton is to head the group’s everyday banking services across all of its divisions.
New Year’s resolutions
We are uniquely placed to influence the application of tech and maturation of regulation. Go out there and do good.
Monese aims to secure fresh funding after recording £30.5m annual loss for 2022
Monese says its services could be “adversely and potentially severely affected” if new funding isn’t found.
HSBC reportedly enters race to buy Tesco’s banking business
Sky News first reported Tesco Bank’s interest in exploring a sale in February last year.
JP Morgan and Viva Wallet reportedly collide over board appointments
JP Morgan acquired a 48.5% stake in Viva Wallet in December 2022 for $800 million.
Effective risk management can boost supplier relationships and uncover new providers
Learn how KY3P from S&P Global Market Intelligence can help manage supplier risk and identify new sources of supply.
Banking veteran Mary Usategui set to launch new venture BankMiami this year
Scheduled to arrive in Q2 2024, it will be the first de novo bank to be established in South Florida in 15 years.
Oshkosh Community Credit Union taps Sharetec for core processing solution
Wisconsin-based OCCU says the decision follows “an extensive search” for a new core partner.
HSBC completes sale of French retail banking business to CCF
Following the completion of the deal, My Money Group has renamed itself as CCF Group.
2023: Top five core banking deals
FinTech Futures recaps five of the top core banking deals of 2023.
A visit to a data centre, quantum computing and how lentils determined COP28
Data centres aren’t going away, and we’ll likely need more as we head into our collective digital future.
Beem Credit Union appoints Sue Britton as chief innovation officer
Beem Credit Union will launch on 1 January in Canada with the merger of Gulf & Fraser and Interior Savings.
Hinckley & Rugby Building Society appoints Barry Carter as new CEO
Carter, who has served as COO at the building society since July 2022, will replace outgoing CEO Colin Fyfe.
Dutch neobank Bunq launches self-built GenAI platform for customers
Dubbed Finn, the platform allows users to ask advanced questions or seek advice about their finances.
Fast fashion and APIs (or why I don’t enjoy new year predictions)
The predictions we make at year-end are simply acknowledgements of what is top of mind.
BCFC launches lending app in Bahrain powered by Codebase Technologies and Atyaf eSolutions
The companies first announced their partnership in August 2022.
Award wins signal success for Polish newcomer VeloBank
Poland-based challenger VeloBank won both the Team of the Year and Newcomer Banking Brand at Banking Tech Awards 2023.
Paysera launches in Georgia after securing banking licence
Paysera Bank has commenced operations in Georgia, opening its inaugural branch in Tbilisi.
CSI snaps up partner Hawthorn River for single-platform loan origination system
CSI initially struck a partnership with Hawthorn River in October to utilise its tech.
Video: Five Degrees at the Banking Tech Awards 2023 – digital banking innovation
We chat with Bjorn Holmthorsson, Managing Director at Five Degrees, and Jamie Burink, Business Head at Fyndoo.
