US regulators rouse banks to AML innovation
Banks get love and tech support to strengthen the financial system.
Partnerships
Mastercard and Microsoft in digital identity drive
They dream of a “universally-recognised” system.
UN’s fintech task force fired up for sustainable development
United Nations calls on banks and firms to get digital finance flows to SDGs.
BlackRock to acquire equity stake in Envestnet
BlackRock gets 4.9% equity stake in a stock transaction totaling $123 million.
Creating open banking to meet expectations
A change in culture and attitude should be part of a holistic strategy for open banking.
Case study: Citi – terms of endearment
A series of initiatives support Citi’s business clients in the quest to do business in real time.
IBM and BearingPoint bopping with regtech BPO offering
Duo targets SME market with business process outsourcing.
Technology for the new world
Business as usual is no longer an option. You can bank on that.
Blockchain fatigue? A brief look at the Trade Information Network venture
This network does not use distributed ledger tech, but relies on CGI’s SaaS platform.
IBM and Columbia University call for blockchain start-ups
Two juicy new accelerator programmes are waiting for you.
US Faster Payments Council alive and kicking
FPC plans pacey paytech for all.
Revolut to get $500m boost from Softbank
To enable US expansion.
Independent Community Bankers of America launches fintech accelerator
It thought about it… then unleashed ThinkTech with the Venture Center.
US community banks forge Alloy Labs Alliance
“No bank wants to be the next Sears.”
JP Morgan finds nice match in fintech Wematch
Trading tech firm Wematch will join in-residence programme.
CardFlight partners with Payscape for merchant base race
Payscape will offer CardFlight’s SwipeSimple tools.
DTCC starts testing phase of blockchain platform
Project includes 15 of the world’s largest banks.
Visa and Billtrust team to digitise US B2B payments with Business Payments Network
Visa and Billtrust have joined forces to develop Billtrust’s Business Payments Network (BPN).
HSBC and ING in industry-first blockchain trade finance transaction
HSBC India, ING Bank Brussels, Reliance Industries and Tricon Energy experiment with blockchain.
Gusto teams with ScaleFactor to automate accounting for SMEs
Gusto business users can sync payroll and benefits directly with accounting and financial data.
How to unlock the potential of the growing cyber market
Insurers and start-ups have to work together to make the most of the growing cyber market.
Biz2Credit tech to provide online business loans to Popular Bank
Over half of business loans are processed online.
Central 1 and Backbase unveil new digital banking platform Forge
Alterna Bank and FirstOntario Credit Union are the first takers of Forge.
Sibos 2018 video: the importance of financial & tech media
What is the role of financial and tech media in the industry?
Sibos 2018 video: the importance of Sibos
So why do we like Sibos?
UBS Wealth Management USA in wealthtech revamp with Broadridge
UBS Wealth Management USA to be “the anchor client” on Broadridge’s new wealthtech platform.
Sibos 2018: trade finance for corporates is getting a major upgrade
Corporates must now make the decision whether to be a leader or a follower.
Top fintech stories this week – 26 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
BIAN unveils free digital API Exchange
An online digital library containing over 65 standardised API definitions.
PNC Bank teams with OnDeck to streamline SME financing
Offering digital business lines of credit up to $100,000 within one to three business days.
Sibos 2018: partnership strategies to overcome digital disruption
Will digital disruption by dynamic technology natives undermine the legacy business models of traditional banks?
Sibos 2018 video: key takeouts – part 1
Summed up in this short and sweet video
Network platforms: a new concept for a new age
ING and TradeIX, both members of the Marco Polo Network, discuss its benefits and what lies beneath.
JP Morgan Chase teams with Plaid for open banking
Enabling account holders to safely share their financial data with third-party fintech applications.
Accenture brings blockchain platforms together
Firm plays cupid with blockchain cuddle-fest.
Voltron preps launch of documentary trade on R3’s Corda
Aimed at enhancing the transactions of letter of credit.
Sibos 2018 video: Alain Raes, Swift – game-changers in fintech and the role of Sibos
Interesting points by Swift’s Alain Raes, CEO of EMEA and Asia Pacific.
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.
iGTB and R3 join forces for blockchain-based fintech platform
Focusing on trade finance/supply chain finance, payments and cash management, and central banking.
