Four lessons we can learn from the biggest financial technology scandals
From Wirecard and Enron to Bernie Madoff and Parmalat.
BankingTech
Video: Top fintech stories this week – 31 July 2020
FinTech Futures’ weekly news round-up.
Goldman Sachs signs multi-year deal with Publicis Sapient
The consultancy firm is both a client and partner for new Goldman platform.
Smart guide: How voice technology can protect your bank
To remain compliant and mitigate risk, voice tech should represent a core component of financial institutions’ regtech stack.
An executive’s guide to real-world AI – lessons from the front lines of business
The real-life stories in this guide, including from Capital One and Discover, demonstrate that AI is within reach of all businesses.
Philadelphia’s Asian Bank picks CSI NuPoint
Community bank in the US city aims to boost digital services.
Lessons for my younger self
Careers and lives barely work to plan. Even if you have one.
What the Fintech? Episode 10 | Diversity & inclusion: AI bias
Theodora Lau, founder of Unconventional Ventures provides her take on artificial intelligence.
Can behavioural banking drive financial literacy and inclusion?
How are banks prepared to promote financial literacy for millennials and especially Gen Z?
Brazilian challenger Nubank acquires firm behind Clojure and Datomic
Cognitect snapped up by Brazilian neobank.
RBC taps Red Hat and Nvidia for new AI private cloud
The Canadian bank aims to run thousands of simulations for “millions of data points.”
Morgan Stanley blocks remote network access for China interns
Its decision to deny remote access to its China-based interns makes it an outlier among its US peers.
Video: Top fintech stories this week – 24 July 2020
FinTech Futures’ weekly news round-up.
Wells Fargo hires Ather Williams III from Bank of America
Major US bank says its new head of strategy will drive innovation.
American Eagle Financial Credit Union picks Fiserv’s DNA
Connecticut-based credit union picks DNA for “scaleability”.
CCAF, World Bank and World Economic Forum call on industry to take part in COVID-19 fintech study
Working in fintech? Take part in the survey and share your views!
BlackRock banking malware capable of targeting 337 apps
New malware strain emerges from old source code.
Finastra and Microsoft extend cloud deal
The new deal is hailed as a “step change” in the pair’s relationship.
Lloyds commits to increase Black staff in senior roles
It employs 40 Black members of staff across its more than 7,000 strong senior exec team.
National Bank of Bahrain picks Bloomberg risk management tech
TOMS and MARS to be deployed at the GCC bank.
MoneyLion launches RoarMoney with MetaBank & Mastercard
RoarMoney is priced at $1.00 a month.
Video: Top fintech stories this week – 17 July 2020
FinTech Futures’ weekly news round-up.
COVID-19 analytics: the lesson for those involved in policy management
Modern data-enabled systems and processes are the key to staying competitive.
Webinar: The bottom line – simplifying digital evolution in financial services
Learn how to be be competitive, fast and secure – and the technologies to underpin the digital journey.
Educational Systems FCU goes live with Finastra digital banking
Maryland-based credit union wants an in-branch experience online.
Banks must deploy AI with urgency to save SMEs
Projects that would normally take months need to be delivered in days.
The LIBOR transition: why financial organisations need to work smarter and not harder
This LIBOR solution replaces an army of paralegals with technology able to extract information from a 200-page document and over 140 various data points.
Webinar: Streamlining manual processes amid COVID-19
Experts from Banco Santander, Foxit Software and Xendoo discuss digitising paperwork during the coronavirus crisis.
Standard Chartered signs quantum computing research deal with USRA
Standard Chartered to investigate the uses of new technology.
HSBC signs multi-year cloud deal with AWS
Amazon Web Services is to become a “long-term strategic partner” for HSBC.
White paper: Rearchitecting and simplifying post-trade operations
How cloud and innovative tech adoption can help overcome challenges in post-trade operations.
Nymbus signs partnership with Payrailz
The two firms will work to enhance Nymbus’s product ecosystem.
Head in the clouds
Most financial services firms have a cloud journey roadmap.
Why there’s no slowdown in SaaS
How SaaS reconciliation tech can help banks to properly process and control mission-critical transactional, operational and reference data.
What the Fintech? Episode 9 | Open banking: entering the mainstream
Coconut CEO, Sam O’Connor, shares his insight on the Plaid and Finicity acquisitions.
Marqeta plans 2021 IPO
The Oakland, California firm is tapping up investment banks.
United Federal Credit Union opts for Fiserv DNA
Michigan-based credit union plans to switch its account processing.
Wells Fargo mulls job cuts amid loan losses
The major US bank is looking at a strategic overhaul.
RBC commits CAD 150 million to diversity push
It aims to increase the proportion of non-white executive hires to 30% from 20%.
SoFi files banking charter application with OCC
The $4.3 billion fintech wants to take another crack at banking.
