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Banking
Capital One reveals huge data breach by hacker
More than 100 million customers’ details were compromised in the incident.
Barclays, RBS and other banks face £1bn forex rigging lawsuit
JP Morgan, Citigroup and UBS also named in US-style class action.
MeDirect chooses Crealogix for digital investment platform
The platform saw a successful launch in Belgium.
Gay is for life, not just for June
Fintech firms can and must do more.
SME lender B-North welcomes funding
Manchester-based B-North has applied for a banking licence.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
Digital US equities investment product launches in India
DriveWealth has partnered with Vested Finance.
Wematch unveils Euro IRS platform with 10 banks onboard
JP Morgan, RBC, HSBC and Societe Generale are among the initial banks.
Synechron launches new Libor impact analysis software
Its Accelerator uses data science to address the industry benchmarking challenge.
Mbanq backs Arival Bank by acquiring shares
Arival also has its sights set on a Series A round of $10 million later this year
Banking Technology Awards 2019 are open for entries
The Early Bird 10% discount deadline is 31 July 219, the awards close for entries on 31 August 2019
FIs choose Cloudera for digital transformation
Cloudera enables digital transformation for global financial services institutions.
A banker goes a-banking, volume 4: GDPR for the masses
It is time we gave some respect back to the drops that make the ocean.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
Robinhood raises $323 million in Series E funding
The new round of funding values the company at $7.6 billion.
Busey selects Jack Henry to support growth
The SilverLake System is believed to be replacing CSI’s NuPoint.
MoneyLion roars with $160m funding
The company will have raised over $200 million in equity financing.
Moors and Cabot selects RBC as new clearing partner
This will enhance the firm’s back-office capabilities.
Zeta eyes global expansion with Series C investment
The investment came from Sodexo at a valuation of $300 million.
Morgan Stanley and Box launch document sharing portal
The platform promotes communication between financial advisors and clients.
Dos and don’ts of sanction screening
Regulators seek to send a strong message to financials if they drop the ball on sanctions screening.
The financial services talent war is fierce: here’s how to draft in the millennials
People at all levels should be given the opportunity and tools to understand themselves at their best.
The Win 10 Rush: How financial institutions can beat the clock to upgrade their PCs
Kevin Flaherty, CEO at BLM Tech reveals the key to carrying off large-scale IT projects.
Focus on what’s important – and leave the rest to us
Smartstream’s platform takes the operational & regulatory responsibility of payments off your back.
Urban FT acquires CFC Technology Group
The pairing aims to tilt the playing field for community-based institutions.
Waddle and RBS pilot partnership
RBS is one of the first banks to offer an automated working capital solution to its customers.
Uber-izing banks
The secret is not just about being frictionless and digital.
Top fintech stories this week – 19 July 2019
PayTech Awards winners announced!
Temenos acquires AI firm Logical Glue
It claims to bring transparency and explainability of AI automated decisions to the banking industry.
Blackfish, wishful thinking and self-fulfilling prophecies
If you don’t want your organisation to be plagued by self-fulfilling prophecies, don’t create them.
Finca Microfinance Bank implements AutoSoft’s AutoBanker
The suite has been rolled across 135 branches.
Flybits lands $35m in Series C round
Investors include Point72 Ventures and Mastercard.
White paper: AI-driven deal origination for capital markets
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Goldman Sachs invests €25 million in Raisin
The new funding brings the total volume of primary investment to €195 million.
Bitt approved for legislation by Barbados regulators
The fintech completed an eight-month Sandbox Framework.
White paper: Stepping into the next-gen acquiring – multi-vendor platform
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Video: fintech news weekly round-up – 15 July 2019
More top fintech news, in video format!
White paper: Enabling PSD2-compliant fraud monitoring with OneSpan risk analytics
Learn more about PSD2 with OneSpan now!
Top fintech stories this week – 12 July 2019
N26 has superhero-landed in the US, new hip bank in Spain, and more!
