TD Bank extends 15-year partnership with TSYS
TSYS adds a few years to ongoing payments deal with TD Bank.
Banking
Galileo integrates with Plaid to simplify ACH transfers
The integration will streamline the initiation of ACH transfers.
Google Pay to launch bank accounts in 2021 with flurry of partners
The US Big Tech announces another six of its banking partners.
How can fintech rise to the new D&I challenge?
If they don’t believe they are part of the problem, nothing will really change.
Thought Machine taps US market with North America MD job search
Cloud adoption in North America amongst major banks is still in its infancy.
Varo receives US national bank charter
Varo Bank will serve as the firm’s new banking arm, with Varo Money becoming its holding company.
New US challenger bank Simba plans to support migrant communities
Simba is built for those “who came to the US seeking financial freedom”.
Four lessons we can learn from the biggest financial technology scandals
From Wirecard and Enron to Bernie Madoff and Parmalat.
Video: Top fintech stories this week – 31 July 2020
FinTech Futures’ weekly news round-up.
Goldman Sachs signs multi-year deal with Publicis Sapient
The consultancy firm is both a client and partner for new Goldman platform.
Smart guide: How voice technology can protect your bank
To remain compliant and mitigate risk, voice tech should represent a core component of financial institutions’ regtech stack.
An executive’s guide to real-world AI – lessons from the front lines of business
The real-life stories in this guide, including from Capital One and Discover, demonstrate that AI is within reach of all businesses.
Philadelphia’s Asian Bank picks CSI NuPoint
Community bank in the US city aims to boost digital services.
True Link lands $35m in Series B investment
The fintech’s valuation sits at around $115 million.
What the Fintech? Episode 10 | Diversity & inclusion: AI bias
Theodora Lau, founder of Unconventional Ventures provides her take on artificial intelligence.
Can behavioural banking drive financial literacy and inclusion?
How are banks prepared to promote financial literacy for millennials and especially Gen Z?
Brazilian challenger Nubank acquires firm behind Clojure and Datomic
Cognitect snapped up by Brazilian neobank.
Morgan Stanley blocks remote network access for China interns
Its decision to deny remote access to its China-based interns makes it an outlier among its US peers.
Video: Top fintech stories this week – 24 July 2020
FinTech Futures’ weekly news round-up.
AI and correspondent banking: de-risking doesn’t need to mean goodbye
Correspondent banking represents one of the most vexing dilemmas for financial institutions and regulators.
Deposit grower Mantl raises $19m in extended Series A
The fresh capital adds to an extended $11 million Series A raise.
US national banks granted authority to hold crypto for customers
US banks and federal savings associations can offer cryptocurrency custodial services.
Wells Fargo hires Ather Williams III from Bank of America
Major US bank says its new head of strategy will drive innovation.
Morgan Stanley publishes greenhouse gas emissions on loans & investments
The bank is joining the Partnership for Carbon Accounting Financials.
Almost soup
Optimism might get you out of your chair and striving for a better tomorrow, but it isn’t optimism that gets you there.
CCAF, World Bank and World Economic Forum call on industry to take part in COVID-19 fintech study
Working in fintech? Take part in the survey and share your views!
BlackRock banking malware capable of targeting 337 apps
New malware strain emerges from old source code.
Finastra and Microsoft extend cloud deal
The new deal is hailed as a “step change” in the pair’s relationship.
Lloyds commits to increase Black staff in senior roles
It employs 40 Black members of staff across its more than 7,000 strong senior exec team.
National Bank of Bahrain picks Bloomberg risk management tech
TOMS and MARS to be deployed at the GCC bank.
MoneyLion launches RoarMoney with MetaBank & Mastercard
RoarMoney is priced at $1.00 a month.
Study finds discrimination against Black small business loan applicants
Of the groups studied, Black women received worse treatment in 59% of cases.
Video: Top fintech stories this week – 17 July 2020
FinTech Futures’ weekly news round-up.
Webinar: The bottom line – simplifying digital evolution in financial services
Learn how to be be competitive, fast and secure – and the technologies to underpin the digital journey.
Bond bags $32m from Coatue, Goldman Sachs and Mastercard
Bond’s offering is based on “developer-focused” applications.
Educational Systems FCU goes live with Finastra digital banking
Maryland-based credit union wants an in-branch experience online.
The LIBOR transition: why financial organisations need to work smarter and not harder
This LIBOR solution replaces an army of paralegals with technology able to extract information from a 200-page document and over 140 various data points.
Webinar: Streamlining manual processes amid COVID-19
Experts from Banco Santander, Foxit Software and Xendoo discuss digitising paperwork during the coronavirus crisis.
Standard Chartered signs quantum computing research deal with USRA
Standard Chartered to investigate the uses of new technology.
HSBC signs multi-year cloud deal with AWS
Amazon Web Services is to become a “long-term strategic partner” for HSBC.
