Visa to acquire payments and banking platform Pismo for $1bn
The transaction is subject to regulatory approvals and is expected to close by the end of this year.
BankingTech
The prophet
Staying teachable is the biggest skill you can retain for the years ahead.
State Employees Credit Union taps Apiture for digital banking upgrade
The credit union will utilise Apiture’s Consumer Banking and Business Banking solutions.
Over 150 senior-level executives set to join FinTech Futures’ 40th Anniversary Summer Party
We’re celebrating our 40th anniversary on Thursday 6 July at our spectacular summer party!
Video: FinTech B2B Marketing at Money20/20 Europe – Top tips for your fintech marketing strategies
FinTech Futures speaks with Payal Raina, Founder of FinTech B2B Marketing.
Goldman Sachs reportedly set to lay off 125 managing directors worldwide
Sources tell Bloomberg that the layoffs are currently ongoing as the bank looks to cut costs.
The impact of behavioural science and nudges on ESG communications
Behavioural science and nudges can be used to drive ESG change and build a more sustainable future.
Danske Bank taps Infosys for digital transformation
As part of the partnership, Infosys will also acquire Danske Bank’s India IT hub, employing over 1400 people.
Novobanco taps Feedzai for fraud protection and enhanced CX
Novobanco will deploy Feedzai’s Digital Trust (DT) and Transaction Fraud for Banking (TFB) solutions.
JP Morgan Chase appoints new chief data and analytics officer
Heitsenrether will be responsible for leading the adoption of AI across the bank’s operations.
An open approach to open banking
To grow open banking worldwide, governments and industries must have an open, collaborative attitude.
Puerto Rico’s Segura Bank taps Temenos to power new digital bank offering
The new digital banking platform for Latin Americans is expected to go live in the coming months.
Cowardly lions for the digital era
Don’t do all the things all the time. Figure out what is key. And focus.
The power of AI for ESG
AI is a powerful tool that can be used to improve ESG practices and compliance.
Jordan Ahli Bank launches social payment app Qawn powered by Thought Machine
Qawn runs on Thought Machine’s cloud-native core banking platform, Vault Core.
SVB Financial Group agrees sale of its investment banking business, SVB Securities
The bidding group is led by Jeff Leerink, SVB Securities’ CEO and founder.
Demystify Podcast: Engine by Starling Bank with CCO Nick Drewett
Demystifiying the rationale behind Starling’s strategic shift to Banking-as-a-Service (BaaS).
Intesa Sanpaolo’s Isybank goes live on Thought Machine core
The digital bank has gone live 12 months after it first initiated the deal with Thought Machine.
Citi TTS taps Pismo to strengthen demand deposit account solutions
Citi will initially deploy Pismo’s cloud-based core solutions in the US market.
Looking in the future of financial services at AI Summit
How does an industry like financial services make sense of all of the AI potential?
Diamond Trust Bank in treasury management tech revamp with Profile Software
Profile’s Acumen.plus supports DTB’s treasury management ops in Kenya, Uganda, and Tanzania.
ICYMI fintech funding round-up: Kanastra, Majority & Cloudbankin
Our weekly fintech round-up for you to get the latest funding news from around the world.
Banking on APIs
APIs should be seen as strategic by banks.
Digital banking tech provider Backbase acquires wealthtech Nucoro
Nucoro’s offering will be incorporated into the Backbase Engagement Banking platform.
Mastercard and Bankiom to launch virtual prepaid cards across the GCC
With the partnership, Mastercard aims to drive digitalisation in the GCC payments landscape.
Fintech scale-up Yapily appoints Tanya Ziv as COO
Tanya Ziv moves from fellow fintech Currencycloud where she was chief compliance officer.
War fries
It’s Pride, folks, and both allyship and snacks matter. Snacks for the fun times. Allyship for the battles.
Keytrade Bank in core banking tech overhaul with Infosys Finacle
Keytrade Bank chose Infosys Finacle due to its “worldwide expertise, implementation plan and price offering”.
India’s Fino Bank taps Hubble to launch spending account
The spending account will be integrated with Fino Bank’s digital savings app, accessible on its mobile app FinoPay.
Report: The case for open source database software in finance – key drivers and strategies for adoption
Dispelling the myths and looking at the business benefits and cost savings of moving to open source.
Japanese challenger Habitto launches mobile app
Founded in late 2021, Habitto has so far raised $7.3 million in funding.
White paper: Building a business card program in today’s digital first landscape
How to make a card program for SMBs a conduit to continued customer/member loyalty and growth for an FI.
Lunar to provide access to its Nordic payment infrastructure to partners
Swedish paytech Trustly is set to be the first firm to tap into Lunar’s account infrastructure.
Money20/20 Europe: Banking on AI
The best time to start looking at AI was yesterday, and the next best time is today.
Ikano Bank in Europe-wide core banking tech overhaul with TCS Bancs
Ikano Bank’s pan-European accounts, deposits, and unsecured retail lending will be consolidated on TCS Bancs.
The only kind of time
Ultimately, what we choose to do with the time we are given is the full story.
Chris Rigoni to head BaaS operations at Coastal Community Bank
Chris Rigoni moves from Webster Bank, where he also looked after the company’s BaaS business.
Allica Bank and ClearBank team up to boost banking for UK SMEs
ClearBank provides Allica with client money accounts and access to UK payment schemes.
Amplifi Capital raises £50m from M&G to boost the UK credit union sector
Amplifi Capital is the company behind UK financial services brands My Community Finance and Reevo Money.
Challenger bank paybox selects core banking system from Avaloq
Austrian digital bank paybox plans to expand across Germany and Southeast Europe.
