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ISLA tells lenders how to avoid “unsustainable levels” of cost and risk
By standardising and automating, the industry will become “future-proof”.
NatWest online banking glitch exposes account details to wrong customers
Customers could see “bank details, balances and transactions” of other customers.
TransferWise delivers cheaper international payment service to US
The service gives customers access to the real exchange rate.
LendIt Fintech Europe 2019: digital identity – a nut that remains to be cracked
Over time, like the isolated email systems before them, digital identity solutions will become interoperable.
US regulators targeted with bipartisan Financial Transparency Act
House wants US regulators to improve their data collection and transparency.
Danish fintechs partner to set new standards for accounting industry
Businesses can see transactions in seconds rather than days.
Beijing’s digital currency drives Chinese fintech stocks skyward
China’s fintechs have seen share price rises of up to 200%.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
ABN Amro under investigation for anti-money laundering failures
European crackdown on money laundering continues.
Mobile finance fintech Channel VAS lands $54m investment
Investors see potential in Africa’s “growing yet underpenetrated mobile airtime market.”
Fibank, Mastercard and Garmin launch pay watch
The tech enables contactless POS and ATM transactions.
UK banks halt £820m of fraud in the first half of 2019
Figure means an increase of 14% in blocked criminal transactions.
Sibos 2019: “We don’t get rid of anything in this industry”, says Fiserv director
Fiserv talks on the evolution of payments.
Revolut to deploy BearingPoint regulatory reporting system
AnaCredit and EBA reporting covered by BearingPoint’s Abacus360.
HSBC deploys industry first automated AML system
New software developed by AI firm Quantexa.
Intesa Sanpaolo signs Pelican for self-learning sanctions solution
Italian bank aims to reduce false positives with new software
Start-up to democritise Mexican banking raises largest funding round in country’s history
The investment is $7.5 million in equity and $50 million in debt.
Australia orders audit of PayPal’s reporting compliance
The company reported itself following an internal review.
UAE’s first digital business bank launches
E20 has been designed for SMEs and entrepreneurs.
Santander UK replaces 13 legacy systems with nCino technology
UK bank aims to meet customer needs with cloud-based system.
Sibos 2019: Watch out for Asian big techs like Alipay, Accenture warns banks
Bigtechs have been quietly accumulating lots of data.
Bolero ties up three-way trade digitisation deal with CTBC Bank and Everline
Deal is part of “an ongoing commitment to digital innovation.”
Daily News at Sibos 2019: Day Four
Download your copy of the day four edition today!
FinovateFall 2019: Best of Show winners unveiled
After two days of live fintech demos from 75 companies, the best of the best have been announced!
Monzo scraps Monzo Plus subscription service, replaces development team
UK challenger presses the reset button on five-month old premium offering.
Sibos 2019: IBM’s initiative for social good
AI to combat social issues is “not philanthropy”, but rather an initiative.
Sibos 2019: Cultural barriers need to fall to make cybersecurity more transparent
Banks need to go beyond ISO requirements, says Cramer.
Sibos 2019: SEB launches new environment-friendly product for Nordic SMBs
Th trend is shifting from last year’s focus on renewable energy.
BNG Bank heads to the cloud with Wolters Kluwer OneSumX
Dutch bank believes Wolters Kluwer was the “natural choice”.
HSBC launches trade finance API for bank guarantees
Launch is first of a series focused in the trade finance sphere
eBook: Legacy modernization – finding your way with low-code
Offering a practical way forward with low-code that you don’t want to miss!
Sibos 2019: Aligning compliance with real-time payments
We can do a lot more in the fraud space – sharing utility and data between banks.
Sibos 2019: Banks must improve data handling to root out financial crime
Applying AI needs to be done when data is set right, says panel
Sibos 2019: “Blockchain is not a magic wand,” says Euroclear
The panel agrees blockchain is not a ‘one size fits all’ solution.
Sibos 2019: MUFG “ready to work with fintechs”
MUFG reveals it already has its eyes on some fintechs.
Daily News at Sibos 2019: Day Three
Download your copy of the day three edition today!
Atom Bank opts for Google Cloud
Challenger selects Google’s platform for product development
Centier Bank’s new mobile app Billinero live on Nymbus tech
Centier outsourced the customised development and full operations of its new mobile app, Billinero.
US Bank and MX join forces to improve customer financial wellbeing
MX’s data enhancement solutions help US Bank clean, categorise and classify financial data.
