FinTech Futures: Top five news stories of the week – 21 February 2025
Our pick of the top fintech news stories this week includes Shift4, HSBC, NatWest and more.
Retail Banking
News, intelligence and resources on the global fintech industry including topics such as retail banking.
Colin Walsh reportedly stepping down as Varo Bank CEO
Walsh will be succeeded as CEO by former Bakkt exec Gavin Michael, American Banker reports.
Banking Tech Awards USA 2025 nominations deadline extended to 21 February
Don’t miss your chance to be part of the Banking Tech Awards USA. Submit your nominations today!
Citizens Financial Group chief experience officer Beth Johnson to retire next month
Johnson has worked for the group, headquartered in Providence, Rhode Island, for over 11 years.
South African banking group FirstRand selects Fiserv’s Finxact core banking system
FirstRand has become the first financial institution outside the US to adopt the Finxact solution.
Christiana Riley to succeed Tim Wennes as CEO of Santander US
Riley has served as regional head of North America since joining the bank in 2023.
US Bancorp announces leadership transition, Gunjan Kedia named new CEO
President Gunjan Kedia moves to CEO, with Andy Cecere to continue as executive chairman.
January 2025: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in January.
January 2025: Top five banking technology stories of the month
FinTech Futures takes a look back at five of the top banking tech stories of the month.
Massachusetts-based The Savings Bank names Raichelle Kallery as new president and CEO
Kallery succeeds Robert DiBella, who retired at the end of December.
FirstOntario Credit Union modernises digital banking channels with Temenos Digital
Temenos Digital will support the credit union’s online and mobile channels for consumers and small businesses.
FinTech Futures: Top five news stories of the week – 6 December 2024
Our pick of the top fintech news stories this week includes Citi, Lumin Digital, TSB and more.
Gate City Bank goes live with Alkami’s full suite of digital banking solutions
The selection includes Positive Pay for ACH reporting and new account opening capabilities.
Canadian fintech Neo Financial raises $258m in mix of equity and debt funding
The round comprised $78.9 million in equity and $179.3 million in debt.
Ohio’s Kemba Credit Union taps Alkami for digital banking platform
The credit union has gone live with Alkami’s platform to enhance engagement, personalisation, and fraud prevention.
October 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
Canada’s Central 1 announces plans to wind down its digital banking business
The company says it will transition its digital banking clients “to one or more alternative digital banking providers”.
Banking Tech Awards 2024 finalists revealed!
We are delighted to share with you the shortlist for FinTech Futures’ Banking Tech Awards 2024.
Old Second National Bank selects Newgen Software’s digital account opening solution
The solution will enable Old Second to streamline digital onboarding for retail and business banking customers.
Scotiabank buys 14.9% stake in KeyCorp for $2.8bn
The Canadian bank’s CEO says the deal “creates future optionality for Scotiabank in the North American corridor”.
FinTech Futures: Top five news stories of the week – 2 August 2024
Our pick of the top fintech news stories this week includes Renasant Corporation, Stripe, ING and more.
Revolut announces record $545m profit for 2023
Revolut’s revenue surged by 95% over the year, from $1.1 billion in 2022 to $2.2 billion in 2023.
Video: Amdocs at Money20/20 Europe – Bridging fintech’s personalisation divide
Amdocs’ Bentzium Aviv discusses how emerging technologies are powering the pursuit of personalisation.
Mashreq to roll out Flexcube core banking system across global operations
Flexcube will be implemented at Mashreq’s international hubs in Hong Kong, the US and the UK.
Money20/20 Europe brings tokenisation, AI and digital transformation into focus
Day one’s proceedings took a specific focus on the topics of AI, tokenisation and digital modernisation journeys.
What the FinTech? | S.5 Episode 9 | Fintech innovation and collaboration
In this podcast episode, we chat with Andy Lowe, EMEA Head of Business Development for Technology at Bank of America.
From castles to banking ecosystems: the continuous evolution of banking software
The history of banking software is driven by the march of technology and ever-changing customer demands.
CFPB fines Chime $3.25m for customer refund delays
Chime is to also pay “at least $1.3 million in redress to harmed consumers”.
BNI Madagascar assigns Temenos cloud core implementation to Orion Innovation
The bank says it’s currently engaged in a “digital modernisation journey” for its SME clients and retail customers.
Celebrating 25 years of innovation: Banking Tech Awards 2024 nominations now open
Nominations for the Banking Tech Awards 2024 are now officially open to companies worldwide!
Barclays reportedly leading the race to take over GM credit card programme from Goldman Sachs
Barclays was a bidder for the programme back in 2020 before Capital One eventually sold it to Goldman.
White paper: Redefining banking for the digital future
Learn how to harness digital-first, on-demand banking to increase bottom lines.
United Bank in Alabama taps Jack Henry for digital upgrade
The bank is to adopt the vendor’s LoanVantage solution and Banno Digital Platform.
Former Goldman Sachs director Swati Bhatia joins Santander Bank as head of retail banking and transformation
Bhatia counts the likes of Stripe, PayPal and Capital One among her previous employers.
The evolving relationship between supermarkets and banking and the key role of fintechs
Supermarkets across the globe continue to embrace fintech partnerships to power their financial services.
Mexican neobank Hey Banco’s split from Banregio due for 2025
The move, announced in 2020, was expedited by Hey Banco’s banking licence authorisation last July.
PNC Bank to invest nearly $1bn to renovate and expand its US branch network
PNC plans to renovate more than 1,200 existing locations and open more than 100 new branches by 2028.
Deadline extended for Banking Tech Awards USA nominations
You now have until Friday 23 February to get your nominations in.
