KYC: a revolution towards positive change
I realise I had to work twice as hard to break through some of the glass barriers, perceptions and biases.
BankingTech
Banking Tech Awards 2020 Winners: Strands – Best Open Banking Solution
Opening up banking and account aggregation services.
Flagstar Bank suffers data breach as employee data posted online
A zero-day vulnerability left Flagstar’s data exposed to cybercriminals.
Paysafe inks Azure cloud deal with Microsoft
The two firms extend an existing tech partnership.
Looking after the health of your ATM fleet in a futuristic way
Setting a new standard for banking self-service solution performance.
Starling raises £272m to land unicorn status with £1.1bn valuation
The capital will boost Starling’s lending, launch Starling in Europe, and underpin M&A.
EBA shuts down email systems after damaging cyberattack
EBA affected by global infection of Microsoft Exchange servers.
Crealogix boosts executive team with three new hires
Thomas Roth, Michael Radic, and Sebastian Krahe all join.
Canadian Western Bank deploys new Temenos SME product
CWB extends a partnership with Temenos that stretched back to 2012.
Banking Tech Awards 2020 Winner: Infopro – Best Core Banking Solution Provider
Infopro Digital Banking “moves core banking into the next generation”, says CEO
Video: Top fintech stories this week – 05 March 2021
FinTech Futures’ weekly news round-up.
Webinar: Balancing app innovation and cybersecurity in financial services
25 March: Practical steps needed to implement an evolved enterprise app methodology.
What the Fintech? | S.2 Episode 6 | Open banking on the loose
Discussing all things open banking with Pablo Reyes, director of technology at Strands.
M&S Bank closing all bank accounts and 29 in-store branches
M&S has moved towards retail-focused solutions in recent times.
Landesbank Saar signs BearingPoint RegTech for SFTR compliance
Franco-German bank to deploy Abacus/Transactions platform.
Banking Tech Awards 2020 Winner: Bank BRI & Infosys Finacle – Best Use of IT for Lending
Revamping customer lending through partnerships and back-office change.
FinTech Futures Industry Survey & Report 2021
A deep-dive into the trends defining 2021 and beyond, based on a comprehensive survey of the industry.
Trulioo hires new CTO in OpenText’s Hal Lonas
Lonas joins to spearhead the firm’s product development.
“Cloud first” emerging at the heart of end-to-end transformation
81% of FIs future-proofed their technology infrastructure by moving to the cloud, 63.6% reduced cost.
American Business Bank picks Teslar Software to refresh commercial lending
The Los Angeles bank says it wanted a “forward thinking” partner.
Budget 2021: What does it mean for UK fintech?
FinTech Futures scrolls through the UK chancellor’s new budget to pick out the fintech impact.
Piraeus Bank extends Antelop partnership for digital payments
The Greek bank has worked with Antelop since 2018.
ABA Bank picks Alessa system to meet new AML regulations
Cambodian bank prepares to hit new regulatory targets.
London calling
City firms can still access EU market despite no financial services deal.
Banking Tech Awards 2020 Winner: au Jibun Bank – Best Use of AI
Rebuilding consumer confidence in investments with an AI-driven market forecasting capability within a banking app.
UK Finance plans future revamp for Open Banking body
The OBIE is morphing into a new organisation to support innovation.
Branch closures mount with latest Bank of Ireland and TD Bank cuts
Latest branches following the pandemic-induced shift to digital channels.
Croí Laighean Credit Union signs for Temenos SaaS platform
Temenos wins another Irish credit union for Community Banking platform.
UK chancellor to reveal £22bn infrastructure bank in 2021 Budget
The bank will offer loans to local authorities at lower rates to support new projects.
Ben Davey departs from Barclays Ventures CEO role
Davey steps down to focus on independent investing and advisory services.
What makes a successful data partnership?
How to make data monetisation measures an important part of your business strategy.
Fintech funding deals globally 22-28 February 2021
Featuring Chargebee, Tyme, TypTap Insurance, Anchorage, and Earnix.
Klarna is Europe’s highest-valued fintech after $1bn raise
Klarna claims its round was oversubscribed four times over.
Thasunda Brown Duckett leaves JP Morgan Chase for TIAA
Duckett replaces the retiring Roger Ferguson.
Black-owned First Boulevard bank secures $5m ahead of its official launch
Part of its goal with the new capital involves building out a Black business marketplace.
Banque Misr kicks off digital transformation plans with Atos
Atos to deliver new digital banking experiences for Egyptian bank’s customer.
UK challengers Monument, Pockit and TreeCard bank funding
Three UK banking services start-ups have landed investment recently.
Banking Tech Awards 2020 Winner: TMRW – Best UX/CX in Finance Initiative
Exclusive interview with Kevin Lam, head of TMRW Digital Group.
Video: Top fintech stories this week – 26 February 2021
FinTech Futures’ weekly news round-up.
The big fight: banking vs technology companies
In over 30-years of banking, I have never seen a more complex and competitive landscape as there is now.
