nCino announces $80m funding round led by T. Rowe Price
The cloud developer has raised $213m since 2012
USA
FDIC’s McWilliams: Core banking vendors must evolve
Top regulator says that collaboration is the future for all in the industry
Finra slaps UBS with $2m fine for short position failures
Self-regulatory body calls out the bank’s repeated failures.
Seattle Bank chooses Finastra for its core banking
Finastra will also help with analytics, digital banking and card payments.
Revolut’s losses double to £33m as it gears up to hire staff, expand reach
The fintech’s losses have gone from £14.8m to £32.8m in one year.
Millennials more likely to report fraud than older generations, finds FTC
People aged 20-30 happier to report scams than those over 40.
Fintech Dave hits $1bn valuation after two years
Dave has four million users on its financial management app.
Funding the revolution: the dawn of digital banking
Traditional banking giants are feeling the squeeze.
Atloona Bank partners with CSI in the face of cybersecurity risks and tighter regulations
CSI will become the bank’s new managed services provider.
Regulators could delay Facebook’s Libra launch, says executive
Libra’s MD says regulators must be “fully onboard” first.
SEC introduces new rule to boost ETF competition
US regulator hopes to break open a market dominated by large players.
Summer raises $10m to “democratise” student loan advice
The fintech is gearing up to support 120 loan forgiveness programs.
TransferWise delivers cheaper international payment service to US
The service gives customers access to the real exchange rate.
US regulators targeted with bipartisan Financial Transparency Act
House wants US regulators to improve their data collection and transparency.
Daily News at Sibos 2019: Day Four
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FinovateFall 2019: Best of Show winners unveiled
After two days of live fintech demos from 75 companies, the best of the best have been announced!
Sibos 2019: “Blockchain is not a magic wand,” says Euroclear
The panel agrees blockchain is not a ‘one size fits all’ solution.
Daily News at Sibos 2019: Day Three
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Ask the expert: your questions on growing the business answered
US fintechs, do you have what it takes to succeed in your target European market?
Centier Bank’s new mobile app Billinero live on Nymbus tech
Centier outsourced the customised development and full operations of its new mobile app, Billinero.
US Bank and MX join forces to improve customer financial wellbeing
MX’s data enhancement solutions help US Bank clean, categorise and classify financial data.
Sibos 2019: Visa’s digitisation tries to avoid “immediate displacement” of cash
Phalen admits it’s “a shame” that US firms are still cash-heavy.
Fundbox raises $176m from Allianz X and GMO Internet
Fundbox can offer businesses greater cash flow predictability.
Sibos 2019: Banks should stop waiting for political uncertainty to end, it won’t
Banks need to adapt to a permanently unstable status in politics.
Protecting customer data with the Nuxeo Customer Data Vault
Customer Data Vault acts like a digital evolution of the traditional safe deposit box.
What financial institutions need to build a strong AI strategy
Three considerations in building a strong artificial intelligence (AI) strategy.
Daily News at Sibos 2019: Day Two
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Finzly unveils banking transformation solution, BankOS
US-based Finzly (formerly SwapsTech) has unveiled BankOS, its latest solution for banking transformation.
Digital transformation and platformification in a real-time world
How a hybrid cloud future beckons for the banking industry
Bridging the divide: ensuring financial inclusion for SMEs globally
There were 5.7 million SMEs in the UK in 2018 contributing 47% of revenue to the UK economy.
API for identity and compliance: an acronym financial services actually love
Failure to accurately verify customer and business identities online has been a sharp thorn.
FinovateFall 2019: fintech shows us human behavior – it’s up to us to learn from it
Fintech inadvertently reveals fundamental truths about human beings.
Supplement: FinovateFall 2019
Read our free FinovateFall Supplement, packed with fintech goodness!
Daily News at Sibos 2019: Day One
Download your free copy of the day one edition today!
Stripe hits $35 billion valuation on back of fresh funding
Stripe’s value has increased 56% since the start of 2019.
Velocity Credit Union taps Fiserv for DNA core processing system
Velocity chooses Fiserv “to remain competitive”.
CFPB puts Bank of America under fake accounts microscope
The regulator has been investigating BofA since March 2019.
US bank FNBT chooses Finastra’s Fusion Phoenix core technology
The bank also bought 11 other Finastra solutions.
Wells Fargo pilots internal settlement service using DLT
The pilot is planned for 2020.
Digital Reasoning reveals $40m funding round and Standard Chartered partnership
Digital Reasoning uses AI to understand human communication
