RBC boss predicts CA$3.2bn tech spend in 2018
There is a focus on reducing operational costs through tech investment.
Banking
Visa Canada puts finishing touch on Finn AI’s chatbot banking
“Where is the closest ATM?” or “Please cancel my card”.
White paper: Cloud-based credit origination solutions are not all the same
Download your free white paper now!
Top fintech stories this week – 15 June 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
HSBC to invest $15-17bn in new tech
It wants to get back into growth mode.
Avoka on Springboard for deposit account opening
Offering FIs an off-the-shelf solution that integrates digital KYC, fraud and risk evaluation, and funding.
Knowing when to stop: bringing start-up disciplines to the land of plenty
Maybe it’s time for the ultimate pivot.
Why blockchain could revolutionise trade finance documentation
Standards, regulation and a network all need to be fully achieved before widespread adoption.
Banking Technology June 2018 issue out now
A sublime eternal tune to the rhythms of fintech.
Banking Technology Awards 2018 now open for entry!
Recognising excellence in the use of IT in financial services.
Mobile banking case study: RBC – farewell friction
Royal Bank of Canada is moving with the times with a series of useful innovations and launches.
US mobile banking challenger Chime raises $70m
It also reached over one million bank accounts this month.
Not all banks are equal in the open future
Using stars as our metaphor, let us venture to the final frontier.
Webinar: From the high street to cryptocurrency – digital ID verification for on-boarding and compliance
Register for this live webinar, taking place on 20 June.
Fraudsters target BMO and CIBC’s Simplii Financial
Alleged to be in possession of customers’ personal and financial information.
Disruption on its way, are banks ready?
A disruption is typically an opportunity long before it becomes a threat.
US banking app CapWay readies to launch
Targeting millennials who are either underbanked or uncertain.
Women in fintech: every business leader needs to embody the values around equality
Why women in tech shouldn’t fall into the trap that your learning journey is ever over.
Infographic: the generation game
Sainsbury’s Bank examines the financial habits of different generations.
Top fintech stories this week – 25 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Mitek acquires AI firm A2iA for $49.7m
US-based digital identity verification company bolsters its capabilities.
Deutsche Bank to cut 7,000 jobs
One in four jobs in its equities sales and trading business to go.
Four Finastra’s a jolly good fintech fellow
And so say all of US. (Well, four firms do.)
Dead fintechs don’t wear Plaid
Shy US app provider expands to Canada.
Tradeshift Pay to take the pain from supply chain
Cloud platform will bring together supply chain finance and blockchain-based payments.
Microsoft acquires Semantic Machines for conversational AI starter
Ambitions to make chatbots sound more human and less like robots.
Mastercard Accelerate-s search for fintech mates
New Accelerate initiative to offer tools, tech and investment.
POPin Video Banking and MEA in digital duet
Platform integrated into MEA’s Android and iOS apps.
Fintech funding round-up: 18 May 2018
Stars LendingPoint, Open and The Disruption House.
Infographic: the evolution of international money transfers
From the barter system to Bitcoin.
BBVA dream team unveils mobile banking platform in Mexico
Launch involved teams from Spain, US and Mexico.
Top fintech stories this week – 18 May 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Santander and Broadridge debut blockchain for investor voting
JP Morgan and Northern Trust acted as custodian banks.
Centric Bank embarks on core banking tech project with Jack Henry
Moving from Jack Henry’s CIF 20/20 core banking system to Silverlake.
TD Bank turns to CGI for wealthtech revamp
Canadian bank to use Wealth360 Portfolio Management platform.
Mexican banks hit by cyberattacks
Between $15-20m taken from at least five Mexican financial groups.
Ripple springs Xpring programme for blockchain innovation
Will invest in, incubate, acquire and provide grants to companies and projects.
Capital One buys digital identity start-up Confyrm
“Scrappy little start-up” has made a difference.
Canada’s equity settlement blockchain project reaches viability
Payments Canada, Bank of Canada, TMX Group, Accenture and R3 all involved.
HSBC and ING in blockchain-backed trade finance breakthrough
“First” scalable trade finance transaction on R3’s blockchain platform.
