The case for conversational banking
Adopting AI is a way for banks to create much more engaging experiences and solve a number of customer problems.
BankingTech
MUFG Union Bank picks FIS Profile core banking system
EXCLUSIVE. The final was a duel against Temenos’ T24.
First Federal Savings Bank outsources core and digital banking tech to COCC
Ohio-based First Federal Savings Bank implements new core banking, digital and mobile software.
Top fintech stories this week – 17 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
US savings start-up prizes its Grand entrance
Company offers prize-linked savings service and mobile app.
Cardlytics hooks Wells Fargo as partner
Bank will launch Cardlytics Direct nationally and across all digital channels.
Planning like a banker: do not try this at home
The most heartbreaking thing is our institutional inability to learn from what we learn.
Diebold Nixdorf looks for buyers
ATM services firm hires Credit Suisse and Evercore to help with potential sale.
Central 1 gives a voice to banking with Alexa
Canada’s first banks to add voice controls.
CSI helps banks open up to APIs
Computer Services Inc’s new product embraces open banking.
Seasons FCU warms to Bankjoy’s digital banking
Connecticut credit union falls for mobile and digital banking tech.
Bitt the builder for Curaçao and Sint Maarten’s digital guilder
Caribbean central bank turns to fintech portfolio firm.
FBI sounds alarm over ATM cash-out attack
It’s warning banks that cybercriminals are preparing a global fraud scheme.
FinTech for Good Award: honouring organisations for outstanding social impact
Enter Banking Technology Awards by 31 August!
Microservice architecture – throughout the business
A quiet revolution is unfolding – a noticeable trend towards microservice-based software.
World Bank turns to CBA for world’s first blockchain bond
Using DLT to end extreme poverty.
Q2 to acquire Cloud Lending Solutions
Digital banking solutions provider loves the lending look.
Top fintech stories this week – 10 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Are banks and bank branch offices headed to the toilet?
Are we seeing banks running out of fresh ideas for how they interact with their customers?
US challenger Grasshopper Bank hops into view
Selects core banking software – Temenos’ T24.
US Bank to sell card processor Elan
EXCLUSIVE. Finastra, FIS and Fiserv believed to be in final bid.
Varo Money selects Temenos for core banking
EXCLUSIVE. T24 is starting to break into the US.
Four de novo banks coming to Carolinas
Three US start-up banks are being launched in North Carolina, with one also powering up in South Carolina.
White paper: PSD2 – opportunities beyond compliance
White paper by Fiorano.
Paytech ClickSwitch gets $3.5m funding
US-based automated account switching solution is switched on.
Finicity inks data exchange deal with Capital One
More data sharing and more security are the goals.
Titles, corner offices and authority in a disrupted economy
Stay teachable. And in doing so stay humble.
Alpha Business Bank readying to take on American SMEs
Claims to “get” small businesses.
Your Legacy FCU moves to Fiserv core system
Ohio-based credit union moving to Portico core system.
Fiorano teams with ITSS for digital banking push
The duo will help banks integrate core systems with applications.
Blockchain record-tracker Factom gets $6m investment
FastForward Innovations shows interest in blockchain record-tracking company.
BBVA’s VC fund leads $9m funding round in finserv Steady
New funds will be used to launch additional product lines.
Facebook wants your bank data
It has “not learned its lesson about the importance of user privacy”.
US challenger banks: who’s who and what’s their tech
A comprehensive list of challenger banks and banking services in the US and the tech they are using.
Debonair DNB completes trade finance test with Marco Polo
First release of the TradeIX platform on blockchain goes well.
New York state stands against fintech sandboxes
“Toddlers play in sandboxes. Adults play by the rules.”
Wells Fargo customers lose homes due to IT glitch
The bank incorrectly denied hundreds of people mortgage modifications.
Top five banking activities best handled by digital self-service
In the era of digital transformation, banks must evolve, or customers will simply walk out of the branch for good.
Marshland FCU goes soft for Bankjoy’s banking
US credit union is turned on for mobile and digital banking.
Chase Bank chasing mobile market with ATM move
The future is now, tappity tap.
