Is the UK Department of Digital, Culture, Media and Sport the real life DOSAC?
It’s like the UK government is taking advice from the writers of “The Thick of It”.
Europe
Alfa-Bank and HashCash unleash blockchain-powered payments
Russia’s largest commercial bank is making waves.
Scalable Capital launches in Switzerland
Gruetzi mitenand! The UK-based robo advisor is in an Alpine arrival.
Lithuania’s central bank selects SIA to access instant payments
Will connect with RT1, the pan-European instant payments infrastructure that goes live in November.
Harrods Bank acquired by challenger Tandem
UPDATE. Purchase completed following regulatory approval from the Bank of England.
Microsoft and Commerzbank head into #openspace for German SMEs
Microsoft experts will get involved in the various #openspace formats for the development of new business models.
NLB pioneers Temenos’ T24 R17 core banking tech
EXCLUSIVE. Slovenian bank is also keen to attract top talent as part of its digital transformation strategy.
UK Digital Minister visits Tate Modern instead of figuring out what job actually is
Feel free to give him a prod and tell him to get back into the office.
Payments round-up: 10 January 2018
With special guest stars Worldpay, Como Global, Mastercard, Here Technologies, Dream Payments and Wirecard.
G+D right tonic for Rabobank mobile payment migration
Moves its SIM-based mobile payment solution to a cloud-based application using HCE tech.
Conister Bank in core banking tech revamp with TCS
EXCLUSIVE: Isle of Man’s community bank is modernising its core banking platform.
Cake4Good fintech charity bake off!
Where you can bake it! Fake it! Or buy it! In support of The House of St Barnabas.
Jefferies goes live with Percentile’s RiskMine Cube
London-based investment bank shows its love for RiskMine Cube.
New challenger bank on UK scene, Chetwood Financial
UK’s challenger bank scene has got a new entrant – Chetwood Financial.
The suspense is wearable with ABN Amro payments pilot
Testing new wearables as a payment method with 500 of its clients.
London Assembly calls for change for short changed youth
Wants a bank account for every young Londoner.
Regtechs all the rage in Accenture’s latest innovation lab
Having their own dedicated stream for the first time.
Bank of Cyprus pilots fingerprint activated payment card
Removes the need for a four-digit or longer PIN entry.
DOS & Co to launch London’s first digital private bank
UK-based advisory firm DOS & Co is the latest name in challenger banking.
Top fintech stories this week – 5 January 2018
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Failed fundraiser closes the folio on Folio
Closing this month after it failed to meet its fundraising target.
SEPA – are we there yet?
The payments industry was dragged kicking and screaming into the single euro payments area (SEPA), but on 28 January 2018, the initiative will celebrate its tenth anniversary. No doubt former doubters will sing its praises.
Wall Street Systems takes European Central Bank to court over tech deal with rival Openlink
How to be a sore loser.
Thomas Cook and Ferratum launch mobile banking app for holidays, Sumo
The first ever mobile banking app designed for holidays launched in Sweden. UK to follow.
Payments: contactless charitable cases
Charities large and small are waking up to the need to embrace contactless payments. Banking Technology looks at the drivers, challenges and opportunities.
Top fintech stories this week – 22 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
ForgeRock to provide reference bank application to Open Banking
ForgeRock says it “becomes a key enabler in making open banking a reality”.
Tinkoff Bank first in the world to bring stories feature to mobile app
The bank has become “the first bank anywhere in the world to introduce a stories feature to its mobile app”.
Danske Bank digitises international trade with essDOCS
To help the bank’s corporate customers to go digital on international trade related documents.
UK’s open banking service to go live in January 2018
The Open Banking Implementation Entity has confirmed that the UK will be the first nation to launch open banking.
Monimove unveils corporate supply chain finance platform
UK firm seeking to carve itself a slice of the credit management market.
City of London Group to launch challenger bank
In the process of obtaining a banking licence as it targets commercial, SME, bridging and development finance.
European Payments Council report: 2017 payment threats and fraud trends
An overview of the most important threats in the payments landscape.
EU sets in motion rules to tackle cryptocurrency money laundering
Plans to apply tighter rules to prevent money laundering and terrorism financing on cryptocurrency exchange platforms.
Ex-Barclays boss mulls £10m Tandem investment
Former Barclays boss, Bob Diamond, is in talks to buy a stake in UK-based challenger bank Tandem.
FCA publishes feedback on distributed ledger technology
The responses on the potential for future development of DLT in the markets it regulates.
Fintech tour Amsterdam: the best of three worlds
A look at Amsterdam’s fintech scene via a one-day tour.
Blockchain consortium Hyperledger loses members
More than 15 members either cut financial support or quit the project over the past few months.
SBDA Group closes Series A investment round
Banking personalisation firm SBDA landed investment from FinSight Ventures and Digital Space Ventures.
China Merchants Bank opts for OneSumX regtech solution
China Merchants Bank chose Wolters Kluwer’s OneSumX for its regulatory reporting activity in Luxembourg.
