State Street to set up global cybersecurity unit in Ireland
The 400-strong team will support the company’s global operations.
BankingTech
JP Morgan pays €25m to settle French fraud case
US lender settles over arrangements with Wendel Investment Group.
Standard Chartered sets aside $107m for new digital bank in Singapore
UK-listed lender forms joint venture with Singapore’s National Trades Union Congress.
China Bohai Bank taps Bairong for AI-powered digital upgrade
China Bohai Bank will utilise Bairong’s fraud and loan monitoring systems.
How can identity security help solve the compliance conundrum?
Evolving tech has led to a growing number of cyber threats for FIs, as well as more compliance requirements.
Railsbank hires Stuart Gregory as new chief product officer
Gregory joins from fintech firm Wise, having previously worked for Paysafe and Visa.
Report: “Fintech vs Fintech”? The rise of digitalisation in banking
FinTech Futures launches its latest report looking into the changing nature of digital technologies in our industry.
Major Indian banks launch Account Aggregator project
New programme aims to extend financial services to millions of new customers.
Dock: meet in person on 24 November 2021 in London
Get ready for face-to-face interaction! Free VIP passes for banks & financial institutions.
Thought Machine to hit unicorn status with £150m funding round
Core banking vendor expecting mammoth capital raise this month.
CIBC acquires Costco’s Canadian credit card portfolio
CIBC will also become the exclusive issuer of Costco Mastercards in Canada.
Fired credit union employee deletes 21GB of internal data in 40-minute spree
Juliana Barile accessed her old account and destroyed sensitive documents.
It’s time to put our heart back into our ecosystem – and build what matters
Access to financial services is a crucial tool to help our most marginalised citizens escape poverty.
Former HSBC boss to head up UK green infrastructure bank
The state-owned policy bank aims to level up UK infrastructure through targeted green investments.
Bank of the Bahamas goes live with Newgen Software
Caribbean bank deploys new software to revamp end-to-end loan process.
Mambu takes the Cake with new digital banking deal
Cloud core banking vendor wins deal with new Vietnamese digital bank Cake.
Exclusive: Oracle FS wins major core banking deal with Gulf Bank
The front-to-back operation is set to be a major undertaking.
Your financial digital twin
What if you had a digital twin that could manage your money faster and better than you?
Technical brief: Scalable, actionable anti-money laundering infrastructure
Open source AML solutions offer lower costs, rapid technology evolution, and broad community-based innovation.
Analyst paper: Improving the customer experience – the top objective for financial innovation
An in-depth look at innovative models that use new technology solutions, data, and AI capabilities.
DWG expands into Singapore with remittance app acquisition
Fintech says Singapore will act as a springboard for expansion into North America and Europe.
Brazil’s Banco Inter agrees deal to acquire US fintech USEND
The digital banking firm is looking to expand into North America.
How do you eat an elephant?
When working on a large or complex project, you should look to break it up and take it one step at a time.
Nigerian central bank partners with Bitt to deliver new digital currency
The Barbadian fintech says digitising the Naira will benefit the entire Nigerian financial ecosystem.
US Bank boosts fintech investment with stake in two VC firms
The bank says becoming a limited partner in the firms will enhance its fintech offerings.
Signicat acquires e-signature firm Dokobit
The deal is Signicat’s third acquisition this year and fourth in two years.
Data availability and disaster recovery: lessons for banks and fintechs
Fintechs and banks should have a foolproof disaster recovery strategy in place to avoid data loss.
Banking Technology September 2021 issue out now
Cover story: expansion plans – how to achieve global growth efficiently.
Aspiring challenger bank W1TTY receives UK EMI licence
The firm’s smart finance app will launch in the UK early next year.
Brazilian fintech start-up Cora secures $116m Series B funding to fuel growth
The firm has now raised more than $150 million in total capital.
Nubank aims for IPO worth $55bn to beat traditional rivals
Brazilian challenger wants to smash the valuation of it’s largest legacy rival, Itau.
Blockchain’s potential to change the face of trade finance
Blockchain could be the most effective platform to help digitise trade finance processes.
Australian fintech platform Airwallex launches in US
The expansion is made possible through a partnership with domestic BaaS provider Evolve Bank & Trust.
Risk as an opportunity: fintech’s gold standard
How can fintechs continue to grow while also meeting increasingly stringent regulatory requirements?
ICYMI funding round-up: Pngme, Recognise Bank, pawaPay, Finexio & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Flinks receives $103m investment from National Bank of Canada
Growth capital worth $30m will help expand the fintech’s US footprint.
What Gen Z can tell us about the future of banking
All too often, the voices of young people seem to be ignored. Now is a critical time to talk and listen.
SME-focused Bank North granted UK banking licence
Bank North aims to support businesses through its cloud banking technology.
It’s not about what it’s about
Knowing that your team will know the right thing when they see it is essential.
MovoCash partners with Fiserv to expand money movement options
Fiserv’s debit payments network will give MovoCash customers another way to access their cash.
