Socure and Alloy help Radius Bank halve online fraud
New account conversions grew by 30%, and manual review is a process of the past – reduced by 95%.
News
Lending Club, Wealthfront and Intuit team for consumer data
What do you get when you combine Intuit, Lending Club and Wealthfront?
Visa step closer to B2B Connect launch, onboards new partners
IBM, Hyperledger and Bottomline are among Visa’s new partners for B2B Connect.
Utkarsh Small Finance Bank in paytech overhaul with ACI Worldwide
Utkarsh Small Finance Bank is live with the latest version of ACI Worldwide’s UP Retail Payments solution.
Red Hat and Open Bank Project team for nex-gen open banking offering
Launching a new API offering for banks and financial institutions.
iGTB and R3 join forces for blockchain-based fintech platform
Focusing on trade finance/supply chain finance, payments and cash management, and central banking.
Fidor brings its operating platform to US
Via a distribution agreement with tech development firm GFT Technologies.
Deutsche Bank and Data Labs in “ground breaking” big data project
Deutsche Bank Securities Services stepping up big data efforts new analytics capability.
Co-operative Bank embraces open banking with Fiserv’s tech
Fiserv’s cloud-based FinKit for Open Banking will help Co-op Bank comply with PSD2.
Daily News at Sibos 2018 – Day 2
All the latest news and analysis from Swift’s premier event of the year.
CGI, National Bank of Canada and Skuchain in blockchain-based trade finance pilot
A pilot programme to improve and streamline the process for negotiating standby LCs and guarantees.
Bolero’s e-bill of lading in pioneering trade finance project in Australasia
Swire Shipping accelerates shipment of containerised grain from Australia to New Zealand with eBL.
Bank of America upgrades its automated FX solution
The bank now does conversions on behalf of other banks with less resources.
Sibos 2018: Can a centralised virtual ledger help banks join API race?
Cross-border payments over a virtual centralised ledger – future or utopia?
Sibos 2018: Robots to the rescue for payments fraud
Safety has retreated as a concern for payment providers.
Sibos 2018: Swift fights fraud with Payments Controls solution
Part of its Customer Security Programme (CSP).
Sibos 2018: AI – efficiency is just clever laziness
Naturally the day one panel was filled with jokes about Skynet and the robot uprising.
Sibos 2018: The DLT effect on emerging markets
The potential for DLT to cement robust financial markets infrastructure was a central theme on day one.
Goldman Sachs and Ayco in huge financial coaching deal with Google
Ayco will provide financial coaching to Google’s US-based employees.
Absa launches mobile account opening
Absa CIO: “Your bank account is live immediately – no need to go to a branch.”
Societe Generale to issue biometric cards for unlimited contactless payments
Societe Generale’s bank cards will have a built-in fingerprint verification sensor.
Finastra targets smaller banks with cloud-based paytech
Based on the Microsoft Azure cloud, Fusion Global Payplus will be available in Q2 2019.
ING releases Zero-Knowledge Set Membership blockchain solution
ZKSM “empowers clients by improving privacy in a distributed ledger technology (DLT) environment”.
JP Morgan Chase muscles into Silicon Valley with new fintech campus
The new “fintech campus” in Silicon Valley will house 1,000+ employees of JP Morgan Chase.
UK regulator launches Green Fintech Challenge
Aimed at firms developing green solutions that need regulatory support to bring their proposition to market.
UK financial sector unites for Financial Sector Cyber Collaboration Centre
UK banks, securities exchanges and insurance firms are joining forces to fight cybercrime.
Daily News at Sibos 2018 – Day 1
All the latest news and analysis from Swift’s premier event of the year.
US SMBs retail innovate to compete and grow sales – Pymnts and AEVI research
More than 400 retailers across nine different sectors were surveyed.
Brickblock teams with solarisBank and JTC for blockchain real estate projects
Putting real estate investments on a blockchain.
Commerzbank in major trade finance automation drive with Conpend
Commerzbank has teamed up with fintech Conpend for the project.
Monese ventures into business banking
UK and European challenger bank Monese has launched its Monese Business account, available in 11 languages.
FundGuard raises $4m funding to “revolutionise” investment funds tech
FundGuard, a cloud-based investment funds operating system powered by AI, has launched and raised $4m.
Tez Financial Services lands $1.1m investment
The first fully digital non-bank microfinance company in Pakistan.
Banking Technology Awards 2018: shortlist announced!
Winners will be unveiled on 13 December in London!
NatWest launches “revolutionary” syndicated lending platform
The platform based on Finastra’s Fusion LenderComm.
Top fintech stories this week – 19 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
AXA to focus on fintech investment with fund restructure
AXA Investment Managers turns its £55m Framlington Financial fund into a fintech one.
Teradata Analytics Universe 2018: AI winter is over
There’s talk of sunshine on the final day of the Vegas show.
BBVA and Anthemis create hub to nurture next gen start-ups
BBVA and Anthemis Group to build a venture creation studio in London.
Bank Independent launches AI-enabled voice banking
New tech makes Bank Independent “a trailblazer among community banks”.
