How cloud native observability can be the right choice for your firm
Real-world examples and practical insights on how to harness the power of cloud native observability.
BankingTech
Thieves make away with $20m from Revolut following payment flaw
Flaws in its US and European payment systems meant that some declined transactions were wrongly refunded.
Report: Global banks and the transformation illusion slowing progress
There’s a direct correlation between the rate of a bank’s digital transformation and its ability to win and retain customers.
Apple eyes credit card launch in India as partnership with Goldman may be nearing its end
Apple is reportedly exploring a partnership with HDFC Bank in India to roll out a credit card offering.
Mexico’s BanCoppel taps Temenos for core banking overhaul
Utilising Temenos’ core banking platform, BanCoppel aims to scale its operations and offer more banking services.
Humo and Credo Bank to pilot RTGS.global settlement service
The pilots will seek to streamline historically cumbersome cross-border settlement processes.
Banking Technology Magazine July / August 2023 issue out now
Cover story: THE BEST OF BANKING TECH USA – Winners and pictures from an amazing night.
UniCredit enters next phase of transformation with leadership restructuring
The appointments signal a shift into the next phase of UniCredit’s development.
Video: Strands and Akbank at Money20/20 Europe – Business financial management for SMEs
Strands and Akbank discuss how they are working together to support SMEs with their banking needs.
DBS launches e-CNY merchant collection solution in Mainland China
With the solution, corporate clients of DBS China will be able to collect payments from their customers in e-CNY.
Britcoin privacy preserved as Bank of England taps Nuggets for identity layer
The layer will maintain user privacy and offer protection from fraudulent activity and money laundering.
Nine UK banks tap Mastercard for new AI-powered fraud risk solution
Lloyds Bank, NatWest, Monzo and TSB are some of the UK banks partnering with Mastercard for its latest offering.
Indonesia’s Allo Bank taps Tencent Cloud to enhance digital banking services
Tencent Cloud will deploy its database management system TDSQL, to help the bank manage data efficiently.
Assuming you are not dead
Open-ended plans rarely come good. When do you know the work is over?
Mbanq’s BaaS offering supports US debut of SME-focused Cheqly
Cheqly’s services include business accounts, physical and virtual Visa cards, ACH payments and wire transfers.
South Korea sets out measures to promote competition in banking sector
Financial authorities will work to bring about fair competition by allowing more players to enter the market.
UK challenger Tandem Bank secures £20m in funding
Tandem’s CEO says the capital “will put extra momentum behind our green lending proposition”.
Digital transformations: the impact of leadership conflict and the mask of corporate ambiguity
How do we mitigate the effects of leadership conflict and imprecise direction on digital transformations?
Melton Building Society taps Finastra for digital transformation
This is the third building society client deploying Finastra’s Essence solution.
Mascoma Bank implements OnView deposit suite with VSoft partnership
Mascoma Bank will utilise VSoft’s Teller Deposit, Branch Deposit and ATM Deposit solutions.
Swiss National Bank confirms wholesale CBDC pilot
The SNB is set to launch a new wholesale CBDC pilot on the SIX digital exchange.
Honouring the innovators: PayTech Awards 2023 winners revealed
Celebrating exceptional achievements and talent in payments industry worldwide.
BIS names Maha El Dimachki as new head of Singapore innovation hub
El Dimachki will join BIS from the Financial Conduct Authority (FCA) in the UK.
Fintech data integration challenges and effective strategies
An effective data integration strategy can help financial institutions improve their operational efficiency.
LHV Bank names Rachelle Frewer as new CFO
Frewer will also join LHV Bank’s board of directors.
BBVA to hire over 2,600 technology experts in 2023
Of the amount foreseen for 2023, the bank says 1,200 professionals have already joined this year.
CaixaBank launches FXWallets service for international payments
FXWallets is currently available in pilot mode for select customers, with a wider rollout planned for September.
The “bank of me”
For me, enhancing the customer lifecycle is the most exciting and impactful use of AI.
Capital Union Bank taps Avaloq for new online banking platform
The bank’s CEO says Avaloq’s solution will enable its clients to have “even more control over their assets”.
Orange in exclusive negotiations with BNP Paribas as it looks to exit retail banking market
The move follows a strategic review of Orange’s banking business launched several months ago.
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.
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.
