Portugal’s largest bank signs Tink to underpin its new app Dabox
Caixa Geral de Depósitos’ (CGD) new app will be rolled out to four million customers.
News
Sibos 2019: Embracing payments change will keep banks in fintech race
Schemes like Request to Pay will change the game, says panel.
Sibos 2019: “Digital transformation will happen quicker in LatAm than Europe”
McKinsey predicts “the spike” will hit soon.
BIAN takes aim at core banking modernisation with new initiative
It wants to create an efficient and effective approach to core change.
Sibos 2019: Visa’s digitisation tries to avoid “immediate displacement” of cash
Phalen admits it’s “a shame” that US firms are still cash-heavy.
Sibos 2019: London could be “centre of the world” for RMB
HKEX CEO says stock exchange merger will boost UK capital
Fundbox raises $176m from Allianz X and GMO Internet
Fundbox can offer businesses greater cash flow predictability.
Sibos 2019: Banks should stop waiting for political uncertainty to end, it won’t
Banks need to adapt to a permanently unstable status in politics.
National Bank of Canada chooses CGI’s All Payments platform
The bank is modernising its payments ecosystem.
Challenger bank Pepper creates new app for young investors
The mobile-only challenger bank offers Israel’s first fractional shares trading app.
Sibos 2019: Banking experts on how APIs improve efficiency
“APIs are the backbone that helps us deliver a frictionless service.”
SmartStream unveils AI-driven instant reconciliations tech
It is the only truly instant reconciliations solution currently available.
Sibos 2019: Banks face existential threat from fintechs “willing to lose money”
Industry is “misjudging” competitive risk in payments.
Daily News at Sibos 2019: Day Two
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Finzly unveils banking transformation solution, BankOS
US-based Finzly (formerly SwapsTech) has unveiled BankOS, its latest solution for banking transformation.
FICO fights financial crime with Falcon X
A unified environment for the detection and investigation of both fraud and financial crimes.
Sibos 2019: Interconnection will mean more flash crashes in FX
“You ain’t seen nothing yet,” says UBS.
Sibos 2019: When do digital ecosystems stop performing?
Speakers debated whether digital ecosystems are inclusive.
Nationwide invests in BankiFi to boost new business current account
Nationwide has invested in BankiFi using its £50 million fund.
Sibos 2019: Swift reveals 41 second European payments pilot
The payment traveled from Singapore to Germany.
Hamburg Commercial Bank picks Know Your Customer’s onboarding solution
The regtech provides AML and KYC compliance
Sibos 2019: PSD2 bringing APIs to industry forefront
APIs are no longer just for engineers.
Sibos 2019: Regulation isn’t enough to trust the cloud
71% of listeners said they thought the cloud should be regulated.
SmartStream launches new AI module for payments processing
The new module will enable match rates to be instantly updated.
Supplement: FinovateFall 2019
Read our free FinovateFall Supplement, packed with fintech goodness!
Commerzbank to cut 4,300 jobs, close 200 branches and sell subsidiary
Following this, the bank plans to hire 2,000 new positions.
Deutsche Bank turns German fintech Deposit Solutions into unicorn
The bank bought a 4.9% stake in the fintech.
Latitude Financial preps $2.5bn IPO
It will be the largest IPO in the country since 2014.
Banking Circle calls for financial inclusion for SMEs
The paper explores how to bring barriers down for small players.
Daily News at Sibos 2019: Day One
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Video: Top fintech stories this week – 22 September 2019
A weekly round-up of the industry’s top stories.
North Korea plans its own bitcoin
Russia, Venezuela and Iran have explored similar projects.
France warns UK to avoid Brexit derivatives clash
AMF wants Britain to guard against potential for arbitrage opportunities.
Alison Rose appointed RBS chief, first female leader of major UK bank
Rose opens “a new chapter” for RBS.
Stripe hits $35 billion valuation on back of fresh funding
Stripe’s value has increased 56% since the start of 2019.
Cappitech and Kaizen find firms are behind for SFTR implementation
Kaizen describes the figures as “somewhat concerning”.
Deutsche Bank joins Interbank Information Network
The blockchain-based platform has more than 300 member banks.
United Bank of Africa partners with fintech Ovamba Solutions
The alliance will provide Cameroon businesses with new tradetech.
Dutch banks promise to tackle money laundering
€16 billion in criminal money circulates the Netherlands alone.
Velocity Credit Union taps Fiserv for DNA core processing system
Velocity chooses Fiserv “to remain competitive”.
