Backbase Connect 2019: How Backbase built a digital bank in 47 minutes
From an uncustomised template to a fully-customised, integrated banking app with 13 mins to spare.
Europe
ISDA Technology Forum: Small tech changes not enough for capital markets
Firms need to look beyond next year’s profits and losses, argues panel.
The case for a united financial marketplace
Can technology streamline the search for liquidity, the search for insight, and the search for capital?
GoCardless and TransferWise launch first global network for bank debit
Customers can collect recurring payments in over 30 countries.
PRA warns insurers over work culture
Staff must feel able to speak up about their concerns.
A Rare first in banking: Thought Machine unveils Vault Rare feature
Vault Rare will allow banks’ customers to edit, adjust and even visually style banking products themselves.
American Express partners with Coupa for virtual card integration
Amex cards will be available to Coupa clients from late 2019 onwards.
AFME promotes further adoption of public cloud in capital markets in new paper
The paper also outlines several barriers to cloud adoption at present.
Corlytics appoints chief digital officer
She was the former head of regulatory intelligence at Thomson Reuters.
How intelligent service platforms are driving differentiated service experiences in commercial banking
In today’s competitive landscape, creating client value in banking is complicated.
Backbase Connect 2019: Backbase challenges Banco Santander’s €20bn digital spend
The digital banking firm says it will build a digital bank in one hour.
Revolut CISO leaves after two months on the job
Dinis Cruz has left the challenger bank by mutual consent.
Santander splashes £350m for majority stake in Ebury
The bank’s 50.1% majority stake will put £70 million towards Ebury’s expansion.
Sweden’s subscription manager Minna Technologies lands deal with Norway’s SpareBank 1
Competitor Subaio has recently signed deals with various other Nordic banks.
UK start-up Freetrade raises $15m, inc. first-time investor Draper Esprit
Draper Esprit invested $7.5 million in the fintech.
The identity challenge: How can banks know who’s who?
Proving identity is the critical first step in preventing theft.
UK Treasury makes paying back consumers victim to APP fraud ‘compulsory’ for banks
The phrase ‘gross negligence’ will also be defined.
Appway: Firms must seize “opportunity of disloyalty”
Wealth management is a traditionally “sticky” industry.
HSBC-backed fintech Bud looks beyond financial sector in re-focused product model
The fintech has axed 20% of its staff and undergone a business restructure.
European regulators conform to EIOPA’s post-Brexit insurance recommendations
NCAs prepared to ensure a smooth transition for UK insurers after Brexit
End-to-end innovation in digital debt management
We speak with Spyros Retzekas, COO, about what’s helped the business thrive.
German bank association fires shots at Libra, calls on politicians and central banks for digital euro
The association wants a crypto led by European commercial banks and politicians.
Deciphering transparency in payments with Laura Paul
Changes in payments are impacting the globe, not just the sector.
Subaio subscription management solution live at multiple Nordic banks
Firm plans further expansion following successful projects in Scandinavia.
Why BNY Mellon didn’t hire ‘the perfect data scientist’ on paper
The head of digital share his top tips on how to get a job at BNY.
IDnow gains $40m funding injection from Corsair Capital
Verification firm plans to use fresh cash to open new locations.
Dharmesh Mistry steps down as Temenos’ CDO
After seven years with Temenos and 30 years in banking tech, Mistry says its time for a break.
Video: Top fintech stories this week – 01 November 2019
FinTech Future’s weekly news round-up.
Monzo hires new CRO with blue chip banking career
Lisa Nowell leaves ClearBank after just six months.
Trade Ledger nabs £1.5m in Hambro Perks funding round
Lending platform plans to build out its services with cash injection.
Pollinate launches with backing from Mastercard, RBS
Merchant services firm’s first customer is NatWest.
Credit score fintech TotallyMoney raises £5m investment from SVB
TotallyMoney now has 2.5 million customers.
Commonwealth Trade Bank selects Intellect Design Arena’s IDC system
Newly renamed bank to use IDC across multiple operations.
Irish P2P firm Flender raises €75 million in funding
Third round of debt financing gives SME lender a boost.
UK start-up Asterisk Networks aims to disrupt securities lending market by axing middlemen
The fitnech will also address regulatory costs from Basel III.
Banking Technology November 2019 issue out now
The identity challenge.
Challenging the status quo
FinTech Futures discusses Appian’s strategy with Guy Mettrick.
The top trends that impacted the insurance industry in 2019
Top CRO’s in the biggest insurance companies tell us about their challenges in 2019.
Neobank Rebellion becomes first fintech to offer Spanish IBANs with banking licence
A Spanish IBAN will allow users to direct their salary to their Rebellion account.
SME challenger bank Recognise signs on Mambu tech
Mambu Core will be plugged into the bank’s tech alongside nCino.
