TD Bank hit with $3bn in fines over AML failures
The $3.09 billion in total fines includes a record $1.8 billion penalty from the US Justice Department.
Banking
FinTech Futures: Top five news stories of the week – 11 October 2024
Our pick of the top fintech news stories this week includes Monese, TSB Bank, Temenos and more.
Autonomous AI agents: outsourcing decision-making as the new CX paradigm in finance
AI agents are poised to become integral to how we manage and interact with our finances.
You always have the choice to not be that guy
Just because the phone is ringing, it does not mean it is an appropriate time to take the call.
Sibos 2024: The future of sustainable finance – opportunities, challenges, and the road ahead
Sustainable finance is no longer an optional add-on for banks—it is central to their future competitiveness.
Mercury secures $100m Natixis CIB credit warehouse to fund IO card programme
The warehouse will apply to Mercury’s credit card programme, which launched in 2022.
NuMark Credit Union teams up with NCR Atleos for branch upgrade
NuMark is transferring “complete responsibility” of its self-servicing banking operations to NCR Atleos.
Video: Merlin Investor at FinovateFall 2024 – Driving the democratisation of retail investing
Guido Petrelli of Merlin Investor discusses the evolution of the retail investing landscape.
CoreFirst Bank joins NCR Atleos’ Allpoint Network for self-service banking boost
The bank can now offer access to over 40,000 surcharge-free ATMs located throughout the US.
Erste Group in Austria partners Salt Edge for CEE multi-banking services
The bank is to leverage Salt Edge’s account information solution.
Sibos 2024: Building the bank of tomorrow – connecting the future of finance in a rapidly evolving payments landscape
The bank of tomorrow will be defined by its ability to adapt to the pace of technological innovation.
Banking Technology Magazine October 2024 issue out now
Cover story: QUANTUM LEAP OF FAITH – Preparing for the advent of Q-Day.
Swift gears up for 2025 live trials of digital asset transactions
The trials will see banks use Swift to transact interchangeably across asset and currency types.
FinTech Futures: Top five news stories of the week – 4 October 2024
Our pick of the top fintech news stories this week includes Starling Bank, Fiserv, HSBC, Monese and more.
JP Morgan to bolster community presence with planned hiring spree in US
Chase intends to use the hires to maintain community-level support across 48 of the 50 US states.
Fiserv ends joint venture in Wells Fargo Merchant Services
An SEC 8-K filing says Fiserv expects to receive a “cash payment or assets” for its 40% stake in WFMS.
Sibos 2024: 24/7 payments processing: the road ahead
In today’s world, the economy runs 24/7. Our payments ecosystem needs to keep pace. But is it succeeding?
Today is not International Women’s Day
Diversity is a fact. Inclusion is a choice. An active, constant, deliberate choice.
Video: Wells Fargo at FinovateFall 2024 – The power of partnerships
Jazz Samra of Wells Fargo discusses the significance of collaboration between banks and fintechs.
Video: US Bank at FinovateFall 2024 – The growth of embedded payments
Anu Somani of US Bank discusses embedded payments’ evolution and key benefits.
Commerce Bank partners FIS for loyalty programme management platform
FIS’ loyalty engagement solutions will enable Commerce customers to earn rewards at the POS.
PayTech Awards USA 2024 winners announced!
Celebrating exceptional achievements and talent in the US payments industry.
Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade
Krom’s core ledger is being powered by SaaS cloud banking platform Mambu.
September 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from September.
FinTech Futures: Top five news stories of the week – 27 September 2024
Our pick of the top fintech news stories this week includes BNP Paribas, Visa, Solaris and more.
September 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in September.
Let’s switch again
Current account switching is on the rise. But what factors are driving consumers to switch?
September 2024: Top five new launches of the month
FinTech Futures takes a look back at five of the top new product launches in September.
Banking Tech Insights: Limitless Banking – 14 November 2024, London
Save the date for Thursday 14 November 2024 for an exclusive half-day networking event in London.
September 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
Make mine red
Does your technology need to have smoke coming out of its motherboard to be considered defunct?
Bank of America to open 165 new branches by end of 2026
Since starting its financial centre expansion drive in 2014, BofA has invested over $5 billion in the initiative.
The funding dilemma: how much is customer satisfaction really worth?
The cost of customer dissatisfaction, though delayed, always comes due.
OneAZ Credit Union to deploy Backbase’s Engagement Banking platform
OneAZ operates 20 branches across Arizona and claims to manage over $3.4 billion in assets.
Five Star Bank to begin “orderly wind down” of BaaS offerings
Five Star Bank is looking to prioritise the growth of its core community banking franchise.
Demystify Podcast: Demystifying the business use cases of AI and quantum computing with Sergio Gago of Moody’s
In this two-episode special, hosts Dave and Dharm chat with Sergio Gago, MD of AI and Quantum at Moody’s.
The programmable money promise: potential advantages and opportunities at stake
Programmable money is a revolutionary concept poised to enhance monetary and financial systems.
TD Bank Group president and CEO Bharat Masrani to retire next year
The group’s current head of Canadian personal banking, Raymond Chun, will succeed Masrani as CEO.
ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 20 September 2024
Our pick of the top fintech news stories this week includes JP Morgan, CSI, Revolut and more.
