MSU Federal Credit Union taps Nymbus to launch new digital brand for alumni
New digital brand AlumniFi is targeted at Michigan-based alumni.
BankingTech
New UK fintech Frost to launch next month
The firm’s app currently has a waitlist of over 15,000 people.
Video: ING at Finovate Europe 2022 – the future of digital transformation for banks
FinTech Futures chats with ING’s Olivier Guillaumond about digital transformation in banking.
UK paytech MYPINPAD merges with Singapore’s SmartPesa
The new combined entity will operate under the MYPINPAD brand and will double its global footprint.
BNP Paribas invests in fintech-focused VC firm Anthemis
BNP Paribas’ head of global markets Olivier Otsy says Anthemis has a “strong track record” in fintech investments.
The potential of DLT for capital market firms keen to overcome post-trade challenges
DLT has the potential to bring post-trade processing into the 21st century.
Artificial intelligence: a winning strategy for payments
AI offers a winning strategy in the race to reduce fraud and continue improving payment flows.
Nigerian digital bank Umba raises $15m Series A funding
Following the Series A, Umba has now raised a total of around $17.5 million to date.
The Bank of London hires new deputy CEO for the UK
Tom Wood will also join the firm’s UK Bank Board, reporting to group chief executive and founder Anthony Watson.
How the financial technology sector can correct its gender imbalance
As fintech continues its rapid growth, gender imbalance remains a prominent industry issue.
Lea County State Bank taps Jack Henry for digital transformation
Jack Henry says its digital solutions will allow the firm to compete with large banks and fintechs.
The silence of the lambs
Don’t just avoid difficult conversations in the hope that something will change. Talk. Build trust.
Filipino fintech Voyager Innovations hits unicorn status with $210m raise
The new funding has propelled Voyager’s valuation to nearly $1.4 billion.
Brazilian challenger Stark Bank raises $45m funding
Stark Bank, named for founder and CEO Rafael Stark, focuses on high-growth start-ups and enterprises in Brazil.
Bank of England’s fintech chief Varun Paul leaves for digital asset platform Fireblocks
Paul has been at the central bank for 16 years and spent just over a year as head of the fintech hub.
Form3 partners Goldman Sachs TxB to launch FX solution
Form3 CEO says the partnership with Goldman Sachs TxB forms part of the company’s growth strategy.
How new technology is changing the face of fraud detection in neobanks
AI and ML are key to not just recovering from, but actually preventing fraud before it begins.
US digital challenger Battle Bank taps Temenos for cloud banking solution
Temenos’ platform will support Battle Bank’s foreign currency, market index and precious metals products.
Kevin Guy joins UK challenger MoneeMint as COO
Guy has 36 years’ worth of experience across banking and financial services.
FinAccel snaps up majority stake in Indonesia’s Bank Bisnis
The acquisition of Bank Bisnis will allow FinAccel to offer digital banking and larger loans to Indonesians.
Swiss challenger Alpian lands banking licence, raises $20m
Alpian plans to launch in Q3 2022. Prior to that, the digital bank will launch its alpha release to employees.
New challenger Adapta Bank launches in Brazil
Brazil’s latest challenger offers banking services through a free mobile app account.
It all started with a book about monkeys
Maybe you should take your team out of the office to do something small and impactful for a few hours.
Langley FCU taps Diebold Nixdorf for ATM-as-a-Service offering
Langley FCU will replace its entire ATM fleet with new DN Series devices.
novobanco launches bespoke advisory platform with Objectway
Objectway has implemented its Investment Advice solution at novobanco, one of the largest banks in Portugal.
NatWest taps Bottomline to tackle authorised push payment fraud
NatWest will look to utilise Bottomline’s confirmation of payee (CoP) solution.
UK’s Zopa Bank hits profitability less than two years since launch
The firm claims it is “one of the fastest digital banks to achieve profitability ever”.
Mike Regnier takes the reins as new Santander UK CEO
Regnier joins Santander from Yorkshire Building Society, where he was CEO since 2017.
Unbundling the core in the cloud: the perfect architecture for future-proof banks
Is your bank running on an operating system that is functionally unbundled, real-time, modular, cloud-native, and plug-and-play?
Oxbury Bank raises £31m in Series C funding, acquires core banking tech provider Naqoda
Oxbury Bank is a start-up bank in the UK focused on the agricultural sector.
Standard Chartered combines transformation, technology and operations functions
Roel Louwhoff is Standard Chartered’s new chief transformation, technology and operations officer.
ANZ and Worldline launch new payment service in Australia
Worldline holds a 51% stake in the new entity, with ANZ holding the remaining 49%.
State Bank of Pakistan searches for new CTO
Pakistan’s central bank is looking for a new chief technology officer (CTO).
Bank of Italy bans N26 from “undertaking operations with new customers” over AML shortcomings
N26 says it takes money laundering “very seriously” and has been scaling up its global AML efforts since last year.
Eight fintech firms with impressive people and planet initiatives
Fintechs are in a unique position to build ESG criteria into the foundations of their businesses.
Banking Technology Magazine April 2022 issue out now
Cover story: WINDS OF CHANGE – Tackling the carbon cost of technology.
au Jibun Bank: a relationship for the long term
How au Jibun Bank aims to repay customer loyalty by constantly improving their banking experiences.
White paper: Inter-bank privacy enhanced information sharing – fraud detection and prevention
The use of privacy-enhancing technologies that enable banks to share customer account and device information.
Al Rajhi Bank Jordan in front-to-back office tech overhaul with ICSFS
Al Rajhi Bank Jordan selected ICS Banks from ICS Financial Systems following an international tender.
RBC set to acquire UK wealth management firm Brewin Dolphin in £1.6bn deal
The deal is subject to shareholder and regulatory approval and is expected to be completed by Q3 2022.
