Top fintech stories this week – 17 June 2016
It’s competition time! UniCredit and Open Bank Project are looking for innovative fintech start-ups
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
UniCredit and Open Bank Project launch fintech start-up competition
Top prize is €50,000 and a contract to work with UniCredit.
BBA to merge with three trade associations to create major industry body
British Bankers Association (BBA), Council of Mortgage Lenders (CML), Payments UK and UK Cards Association unite.
Humans will have to go as Bank of America gears up to go digital
Around 8,000 jobs will be cut from BofA’s domestic retail banking division
New fintech platform for cash savings launched by ex-Merrill Lynch directors
Insignis Asset Management promises to “to revolutionise how clients manage their cash deposits”.
Sberbank to overhaul core banking platform
The new platform will have a four-tier architecture and will be ready by 2018.
