Indonesia’s Krom Bank taps AWS Cloud for digital banking upgrade
Krom’s core ledger is being powered by SaaS cloud banking platform Mambu.
News
September 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from September.
Karl Mattson named Endor Labs’ first chief information security officer
Mattson previously held the CISO position at Noname Security.
September 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over September.
FinTech Futures: Top five news stories of the week – 27 September 2024
Our pick of the top fintech news stories this week includes BNP Paribas, Visa, Solaris and more.
ICYMI fintech funding round-up: Outgo, Mifundo, Mesa, Simpler, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
September 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
Visa to buy AI-powered fraud detection firm Featurespace
Visa says it expects to close the transaction in FY 2025.
September 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in September.
September 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories in September.
September 2024: Top five new launches of the month
FinTech Futures takes a look back at five of the top new product launches in September.
Scienaptic AI co-founder steps down to launch new venture, Algebrik AI
Algebrik AI, a new loan origination system, will commence deployments in Spring 2025.
Banking Tech Insights: Limitless Banking – 14 November 2024, London
Save the date for Thursday 14 November 2024 for an exclusive half-day networking event in London.
September 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
Rimes hires Gus Macfarlane as new chief operating officer
Macfarlane joins Rimes from Barclays, where he spent over six years in various managing director roles.
US Department of Justice files civil antitrust lawsuit against Visa
The DOJ alleges that Visa “illegally maintains a monopoly over debit network markets”.
Bank of America to open 165 new branches by end of 2026
Since starting its financial centre expansion drive in 2014, BofA has invested over $5 billion in the initiative.
Former Capital One VP Fouzi Husaini joins Marqeta as chief AI officer
Before joining Marqeta, Husaini was VP of machine learning at Capital One and led tech teams at Amazon.
OneAZ Credit Union to deploy Backbase’s Engagement Banking platform
OneAZ operates 20 branches across Arizona and claims to manage over $3.4 billion in assets.
Five Star Bank to begin “orderly wind down” of BaaS offerings
Five Star Bank is looking to prioritise the growth of its core community banking franchise.
US transportation paytech AtoB raises $130m in equity and debt funding
The Series C round was co-led by General Catalyst and Bloomberg Beta with support from Mastercard.
Demystify Podcast: Demystifying the business use cases of AI and quantum computing with Sergio Gago of Moody’s
In this two-episode special, hosts Dave and Dharm chat with Sergio Gago, MD of AI and Quantum at Moody’s.
BIS’ Project Agorá to commence design phase with private sector participants confirmed
The project’s participants include Standard Chartered, Lloyds, Mastercard, Euroclear and BNP Paribas.
TD Bank Group president and CEO Bharat Masrani to retire next year
The group’s current head of Canadian personal banking, Raymond Chun, will succeed Masrani as CEO.
ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 20 September 2024
Our pick of the top fintech news stories this week includes JP Morgan, CSI, Revolut and more.
NeoXam set to acquire data control and automation platform EZOPS
The proposed deal would expand NeoXam’s reach in the US, Asia and throughout Europe.
Consumers Credit Union selects Lumin’s digital banking platform ahead of proposed Rockford Bell merger
CCU says it required a digital platform that could “support its increasing number of members and their unique needs”.
US fintech software provider CSI acquires Velocity Solutions
CSI says Velocity “complements” its previous purchase of Hawthorn River last December.
US fintech Orb raises $25m Series B funding to support billing platform growth
Founded in 2021, Orb has now raised $44.1 million in total funding to date.
Old Second National Bank selects Newgen Software’s digital account opening solution
The solution will enable Old Second to streamline digital onboarding for retail and business banking customers.
What the FinTech? | S.5 Episode 16 | The future of Web3 technology in financial services
In this podcast episode, we chat with author and financial services executive Rita Martins.
Citigroup to sell trust administration services business to JTC in deal reportedly worth $80m
Citi Trust claims $70 billion in AUA across more than 2,000 UHNW clients.
JP Morgan reportedly in talks to replace Goldman Sachs as Apple’s credit card partner
The Wall Street Journal reports that talks between JP Morgan and Apple commenced at the beginning of this year.
Axoni sells Veris post-trade processing business to LSEG
Launched in 2020, Veris operates as a distributed ledger network for equity swaps.
Florida’s EverBank inks $261m deal to acquire Sterling Bank
The acquisition is expected to close in Q1 2025.
UK regtech Novatus Global lands new $40m growth investment for US expansion
The investment builds upon the £4 million the regtech secured from Maven Capital Partners in 2022.
PayFi network Huma Finance raises $38m for on-chain expansion
The San Francisco-based start-up plans to expand its PayFi network on Solana and Stellar.
FinTech Futures: Top five news stories of the week – 13 September 2024
Our pick of the top fintech news stories this week includes UniCredit, Westpac, Mastercard and more.
ICYMI fintech funding round-up: Datricks, PastPay, LineLeap, Kompasbank and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
