Keeping faith in net-zero banking in 2023 and beyond
Which banks will stand up and really push the envelope for good?
BankingTech
The Bank of London names former Metro Bank exec Marc Jenkins as new UK CFO
Jenkins will be responsible for “all accounting, finance and corporate treasury” at the bank.
Veritex Community Bank taps Finzly to transform payments
The Texas-based bank will utilise Finzly’s Payments Hub solution.
Al Rajhi Bank Malaysia launches digital bank Rize
Rize offers a mobile banking app for Malaysian customers.
Centring end-user productivity through a revolutionised desktop experience
How OpenFin is empowering firms to maximise the value of the powerful tools that already exist on their user desktops.
Barclays fined £8.4m by payments regulator for breaking interchange fee rule
The PSR has fined banking heavyweight Barclays £8.4 million for failing to comply with the IFR.
FinTech Futures: Top five stories of the week – 2 December 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
HSBC to sell its Canada business to Royal Bank of Canada for $10bn
The transaction is expected to complete in late 2023.
Banque de France and Banque centrale du Luxembourg conduct wholesale CBDC test
The test shows “how digital assets can be issued, distributed and settled within the Eurozone in a single day”.
UBS taps ID verification firm Regula to streamline customer onboarding
Regula says its tech will enable UBS customers to open new accounts “in less than five minutes”.
HSBC UK set to close 114 bank branches next year
HSBC cites customer migration to digital banking as a reason for the closures.
Survey & report: The race to ISO 20022
Download Celent’s survey and report based on over 200 banker interviews and deep analysis.
White paper: FedNow is almost here!
Everything you need to know before the launch of FedNow – a new real-time payment and settlement service in the US.
Singapore’s Trust Bank taps Thought Machine for core banking tech
Trust has picked the vendor’s Vault Core solution to power its new digital banking offering.
Weathering the storm: how savings providers can utilise tech to support their customers through the cost of living crisis
Putting in place the transformational changes needed to keep up with customer needs and expectations.
Gently, firmly… urgently
The future is here. And it’s on fire. Here’s what I want you to do about it.
National Australia Bank expands AWS collaboration with “multimillion dollar” cloud deal
The bank says the deal will enable it to “accelerate the migration of key critical workloads to AWS”.
Take a look at this year’s Banking Tech Awards finalists
The Banking Tech Awards 2022 winners will be revealed on 1 December at a ceremony in London.
Ohio’s Huntington National Bank teams up with InvestCloud to launch Advisor Connect solution
The new offering is built on InvestCloud’s Find My Advisor technology.
High-performing teams and trust via vulnerability
Trust is earned and not built overnight. It’s a slow process but a few key actions can speed it up.
Freedom Bank of Virginia partners Autobooks for new digital invoicing solution
The bank’s business clients can now generate professional invoices with an integrated ‘pay now’ button.
UK’s ClearBank hits profitability as revenues soar
The firm says it has generated £45.4 million in revenue since the beginning of this year.
UK challenger Tandem partners Cogo to help customers track their carbon footprint
Cogo’s tech will feature on Tandem’s green living hub, with plans to integrate directly into the bank’s app in 2023.
Thought Machine’s core banking system to “reinvent” Payset
The go-live of Thought Machine’s Vault Core is expected in April 2023 at Payset.
FinTech Futures: Top five stories of the week – 25 November 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US SME banking platform Novo bags $35m in Series B extension
The new cash takes its total Series B funding to $125m following a $90m raise earlier this year.
ICYMI fintech funding round-up: Atoa, Djamo, Flourish, Hardbacon & Nine25
A handy round-up of this week’s fintech funding news from around the world.
Atom Bank lands £30m funding to boost lending and fuel growth
The new cash means the Durham-based challenger bank has now raised £105 million over 2022.
Cambodia’s ABA Bank taps Compass Plus Technologies for card issuance kiosks
The self-service kiosks can issue international debit cards in under two minutes.
Nationwide Building Society appoints new COO, Suresh Viswanathan
Nationwide says it is moving to “the next chapter in its digital ambitions” with Viswanathan’s appointment.
The enemy of ‘good’ is ‘better’
The minute you become aware of ‘better’ being possible, ‘good’ is no longer good enough.
The Bank of London hires new group CTO and group CISO, Phil Knight
Knight will oversee the firm’s technology, IT operations and information security.
Q&A with Griffin: “We’ve built a purpose-built bank just for fintechs”
FinTech Futures speaks with Griffin’s CCO Adam Moulson about the company’s growth.
The empathy deficit
As the cost of living continues to rise, what will banks do? What should they do?
Santander UK picks NCR to run its self-service ATM network
NCR will upgrade, connect and run Santander UK’s network of more than 1,700 ATMs.
UK challenger Tandem appoints new CFO and CRO to bolster its leadership team
David McCarthy has been named as the firm’s new CFO with Wahid Ali joining as CRO.
UBS partners iProov for automated customer biometric ID onboarding
With face verification tech, UBS key4 customers can onboard remotely in five minutes, iProov says.
HDFC Bank taps Flywire for digital educational payments experience
The integration will provide a fully digital checkout experience for Indian students to make transactions.
Banque Saudi Fransi digital head Grant Niven departs
Niven was responsible for developing and executing the bank’s company-wide “digital vision”.
Do banks really need a new core?
What are the main reasons or drivers for changing your core? I can think of a few.
