TSYS to acquire fellow paytech firm Cayan for $1.05bn
The acquisition is expected to close in Q1 next year.
News
Gemalto wooed by Thales’ massive wallet
Story needs more double entendres.
UBS seeks global finance and risk tech CTO
UBS is looking for a chief technology officer (CTO) for finance and risk technology.
Symbiont smart contracts to simplify index data sharing for Vanguard
Smart contracts platform Symbiont has teamed up with Centre for Research in Security Prices (CRSP).
Oracle cloud revenue bursts 44%
Oracle reported total cloud revenues up 44% to $1.5 billion for Q2 of its fiscal 2018.
Financeit recapitalisaton gives Goldman Sachs majority stake
Point of sale (POS) financing provider Financeit completed an investment round with existing shareholder Goldman Sachs
SBDA Group closes Series A investment round
Banking personalisation firm SBDA landed investment from FinSight Ventures and Digital Space Ventures.
DoubleNet Pay to power cashflow management tool for T Rowe Price
Financial management tech start-up DoubleNet Pay scored a deal with investment services firm T Rowe Price.
Banking Technology December 2017/January 2018 issue out now
In the eye of the storm we provide clarity.
Banking Technology Awards 2017: and the winners are….
The glamorous Banking Technology Awards 2017 took place on 13 December at the elegant Millennium Mayfair hotel in London.
Unibank becomes Armenia’s first bank to comply with Swift security standards
Unibank is now fully compliant with the required standards of security for the Swift payment infrastructure.
Top fintech stories this week – 15 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Infographic: the rise of the ICO
The initial coin offering (ICO) investment has surged since the first one back in 2013.
AI will create 2.3m jobs by 2020 – report
With concerns that AI will make human employment obsolete, research firm Gartner is looking to counter that narrative.
Infographic: the future of Christmas shopping
In just ten years we could see a highly digitally-led shopping experience.
Fortune 500 fuel IBM quantum computing quest
IBM has revealed the first clients to tap into its IBM Q early-access commercial quantum computing systems.
Kaspersky names WannaCry “vulnerability of the year”
The baddest boy on the security block.
Fintech funding round-up: 13 December 2017
This round-up features Finstar, State Street, FRISS and iZettle.
IBM hot for bots with asset exchange launch
IBM has unveiled its Bot Asset Exchange – a place for chatbot development.
Infographic: the history of monetary gift giving
‘Tis the season for gift giving, and no gift has a “richer” history than cash.
truePTS post-trade tech right fit for JP Morgan and Citi
Opt to use post-trade processing tech to provide automation to market participants who process derivatives.
ING cuts bond trading time with AI-powered Katana
The name’s bond. Tamed bond.
Blockchain and Bitcoin round-up: 11 December 2017
Featuring the Gibraltar Parliament; Cboe Global Markets; and Waves Platform, Ethereum and Deloitte teaming up.
IoT spending to reach $772bn in 2018 – report
Spending on IoT could reach $772.5 billion by the end of 2018, with the whole market headed toward $1 trillion by 2020.
Fintech funding round-up: 11 December 2017
This round-up features WorldRemit, PAIR Finance and an update on Sophia the AI robot and SingularityNET.
FI.SPAN partners with Beanworks to build B2B payments hub
FI.SPAN will provide pre-integrated third party fintech solutions into the hub.
Report: Global security spending will top $96bn in 2018
New regulations are forcing enterprises to spend more of their IT budgets on security.
Blockchain and Bitcoin round-up: 8 December 2017
The latest features IOTA, Microsoft, Indonesia’s central bank and Australian Securities Exchange.
Coinbase caught up in Bitcoin blowout
What happens when you’re facilitating the trade of a product that is experiencing extreme hockey stick growth?
Five US credit unions in core tech revamp with Fiserv’s DNA
Five credit unions in the US have opted to implement Fiserv’s DNA core processing platform.
Fifth Third Bank chooses FIS for real-time payments
US-based Fifth Third Bank has chosen FIS to enable real-time payments (RTP) for its customers through The Clearing House’s (TCH) payments system.
Startupbootcamp launches Scale innovation programme for start-ups
Startupbootcamp has unveiled the launch of Startupbootcamp Scale, an innovation programme for growth stage start-ups in emerging markets.
Survey report: UK bank account opening comparison
Have any UK high street or challenger banks made the jump to 100% digital onboarding?
Top fintech stories this week – 8 December 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Deloitte: passwords about to become a thing of the past
New research from Deloitte has pointed the finger at biometrics for one of the big trends of 2018 as we start to forget our passwords
Al Baraka Banking Group signs for Path Solutions’ iMAL core banking system
Bahrain-based Al Baraka Banking Group (ABG) has signed to implement the iMAL core banking system from Path Solutions at four of its 15 international subsidiaries.
Blockchain and Bitcoin round-up: 7 December 2017
Blockchain and Bitcoin round-up – features a nasty hack on NiceHash; Pundi X in Indonesia; a Deluge Network for ICOs; and Blockchain Centre Vilnius in Lithuania.
Klarna to fuel payments for Worldpay
Worldpay and online payments firm Klarna are joining forces. Worldpay clients in Austria, Finland, Germany, the Netherlands, Norway, Sweden, and the UK will be able to use Klarna’s invoice and credit-based payments.
Jaywing the Archetype with new AI risk tech launch
Risk and data science firm Jaywing has unveiled Archetype, a new risk technology product that uses artificial intelligence (AI), machine learning and deep neural nets to help lenders generate statistical models.
Andromeda botnet dismantled by international law enforcement coalition
A group of international law enforcement agencies, including the FBI, are claiming a victory over the massive Andromeda botnet, which infected at least one million PCs each month and spawned a wave of malware families.
