Core banking tech vendor Thought Machine goes into administration, restructures
From Thought Machine Ltd to Thought Machine Group Ltd.
From Thought Machine Ltd to Thought Machine Group Ltd.
To be renamed as British Commonwealth Trade Bank (BCTB).
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The pilot enabled the closing of a €75 million loan using a DLT-based solution.
Core banking software vendor Avaloq muscles into blockchain space.
No customer will be left out of pocket as a result of the IT issues, TSB assures.
Savings and deposits now done on the new core banking platform, Temenos’ T24.
TSB and Ulster Bank are not having a good time with their tech.
RBS is building a new digital-only bank.
Saxo Bank and Microsoft announce a “strategic partnership”.
The new system installed on a Business-Process-as-a-Service (BPaaS) basis.
Jaywing’s Echelon will automate commercial IFRS 9 processes at Secure Trust Bank.
Pay with the touch of a finger.
ClauseMatch raised £3.6 million ($5 million) from Index Ventures and other investors.
CEO of FairFX describes the year as “ground-breaking” for the company.
TransUnion to buy UK’s second-largest consumer credit bureau, Callcredit.
The requirement to repaper legal documentation must now be treated as business as usual.
Swedbank is also Meniga’s client.
UK’s first 100% “born in the cloud” bank goes on the record about its tech and providers.
News uncorked in a speech in Cork.
Moving customer data from Lloyds’ legacy tech to a new in-house platform, Proteo4UK.
Caixa de Crédito Agrícola Mútuo da Chamusca signs up.
“Biggest product launch since 2011.”
Few sensed the sense of humour.
Digital mortgage adviser Hoocht brings on the AI power.
Swedish fintech Tink has introduced its API developer platform.
The latest round brings Qapital’s total funding to $47.3 million.
In the areas of fintech, the “special relationship” between the US and UK is thriving.
Looks to light up stock market with liveliness and laissez-faire.
Offers local and international payments in 15 deposit currencies.
First non-bank payment service provider to directly access system.
Revolt’s Vault helps users turn spare change into savings.
Teams with wearables brand to offer contactless payments using Fitbit Pay.
Nation will let VLLCs be remotely managed using blockchain.
More than 80 IT roles on offer as digital revamp takes shape.
50,000 customers feeling fine with sublime cash pay-in time.
Openbank has extended its contract with Temenos to include the latter’s wealthtech offering.
Will be used for money management through bank’s mobile app.
An £8,000 award to a postgraduate student studying a fintech-related course at a UK university.
BUKV will work as a start-up, will partner with fintechs and invest in them.