The UK’s digital identity crisis
The UK needs to prioritise and accelerate digital identity adoption to avoid falling behind.
BankingTech
Avidbank partners Corserv to launch commercial credit card programme
The bank will utilise Corserv’s Account Issuer solution to power its new credit card offering.
Taxonomies of courage: ESG metrics and what then?
Knowing what the answer is, it turns out, is immaterial until you are prepared to do something about it.
Bankart migrates payment processing to Diebold Nixdorf’s Vynamic Transaction Middleware
The integration is to replace Bankart’s legacy payment processing platform provided by ACI Worldwide.
TabaPay pulls the plug on proposed deal to acquire Synapse assets
The company previously announced its intention to purchase Synapse’s assets last month.
President’s Choice Financial taps Temenos for retail core banking solution
PC Financial will adopt Temenos’ retail core banking solution as SaaS on Microsoft Azure.
What are the strengths, weaknesses and concerns around open banking?
The industry must ensure that open banking tech serves the strategic needs of consumers and institutions.
Cultures have no borders
The financial services industry has a key role to play in shaping a truly borderless financial world.
ICYMI fintech funding round-up: Fundcraft, Volta, Swypex, SAVR and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
CFPB fines Chime $3.25m for customer refund delays
Chime is to also pay “at least $1.3 million in redress to harmed consumers”.
WaFd Bank to deploy Fiserv’s CashFlow Central for small business customers
The digital payment and cash flow management solution is the result of Fiserv’s partnership with Melio.
New demands demand new technology
The financial services sector is changing rapidly, driven by new technologies and new approaches.
New Peoples Bank taps Jack Henry for core processing
The bank is to adopt Jack Henry’s core processing solution and digital banking platform Banno.
Surely not everybody was kung fu fighting
In terms of digital transformation, it turns out that almost everyone was kung fu fighting. And it’s time you did too.
PayTech Awards USA 2024 nominations are now open!
Submissions for the PayTech Awards USA 2024 are now open, with the entry deadline set for 12 July 2024.
Dubai Fintech Summit 2024: How the UAE is fostering fintech innovation
There is a huge sense of urgency, commitment and purpose behind fintech in the UAE.
Lloyds Banking Group collaborates with Red Hat to adopt modern open source engineering practices
Lloyds is aiming to boost its “developer experience, software quality, and speed to market”.
Mambu to power Canada’s Brunswick Credit Union amid MV Solar UK launch
The credit union’s implementation of Mambu in Canada arrives in tandem with the UK launch of MV Solar.
Reimagining the future of money: freedom-bearing, human-centric
Protecting privacy is critical for digital money and CBDCs in order to obtain public trust.
FINRA fines SoFi $1.1m after consumer identification flaws led to multi-million dollar heist
SoFi Money – the unit targeted by fraudsters – was ultimately closed by the fintech in June 2022.
Beem Credit Union teams up with VeriPark to elevate digital banking capabilities
Beem Credit Union was launched by Gulf & Fraser and Interior Savings on 1 January.
The digital transformation divide in Europe’s banking industry
Europe must harness the full potential of the digital revolution for the continent’s unbanked.
JP Morgan Chase to pay additional $100m penalty to US regulator over trade surveillance data gaps
The bank was previously hit with a $348 million fine from the OCC and FRB in March.
Libro Credit Union to transition to nCino’s cloud banking platform
The platform will support Libro with loan origination, customer onboarding and deposit account opening.
Banking Technology Magazine May 2024 issue out now
Cover story: PLASTIC MEASURES – Banking must follow a more sustainable path.
BNI Madagascar assigns Temenos cloud core implementation to Orion Innovation
The bank says it’s currently engaged in a “digital modernisation journey” for its SME clients and retail customers.
Multi-cloud, multi-headaches?
While a multi-cloud strategy offers potential benefits for banks, it also introduces significant challenges.
Celebrating 25 years of innovation: Banking Tech Awards 2024 nominations now open
Nominations for the Banking Tech Awards 2024 are now officially open to companies worldwide!
Finastra selects OpenFin to enhance Kondor treasury management solution
OpenFin’s workspace software will “redefine the user experience” of Kondor, Finastra says.
Constant change is not normal, but it is necessary
Normal is nothing more than what everyone is doing… until someone stops and change occurs.
What the FinTech? | S.5 Episode 7 | Digital banking trends in the US
In this episode of the podcast, we’re joined by Sonali Divilek, Head of Digital at Chase.
Barclays reportedly leading the race to take over GM credit card programme from Goldman Sachs
Barclays was a bidder for the programme back in 2020 before Capital One eventually sold it to Goldman.
UMB Financial Corporation acquires Heartland Financial in $2bn deal
The firms expect the deal to be finalised in the first quarter of 2025.
Iowa’s Affinity Credit Union taps Mahalo Banking to enhance digital banking offerings
The credit union is also converting its core system to Corelation Keystone.
White paper: Redefining banking for the digital future
Learn how to harness digital-first, on-demand banking to increase bottom lines.
HSBC CEO Noel Quinn to step down after five years in the role
Quinn says he will retire “after an intense five years” leading the global bank.
Renasant Corporation promotes president and COO Kevin Chapman to CEO
Kevin Chapman will succeed Renasant’s incumbent CEO Mitchell Waycaster in May 2025.
Republic First Bank closed and sold to Fulton Bank by US regulators
Fulton Bank will “assume substantially all of the deposits and purchase substantially all of the assets” of the bank.
Risk orchestration: addressing the misconceptions – hub platform vs true orchestration performance
There’s a genuine bottom-line benefit to be realised through effective risk orchestration of your compliance processes.
Plastic and dollars: confronting the environmental impact of consumerism and banking technology
We must ensure that banking technology follows a more planet-friendly path than plastic.
