The LIBOR transition: why financial organisations need to work smarter and not harder
This LIBOR solution replaces an army of paralegals with technology able to extract information from a 200-page document and over 140 various data points.
Artificial Intelligence/AI
Standard Chartered signs quantum computing research deal with USRA
Standard Chartered to investigate the uses of new technology.
White paper: Rearchitecting and simplifying post-trade operations
How cloud and innovative tech adoption can help overcome challenges in post-trade operations.
Banking Technology July/August 2020 issue out now
Unlocking the benefits of open banking.
ING taps Expert System to boost back office automation
The Dutch bank is aiming to improve its application of RPA.
Adverse media screening: a key pillar of financial crimes compliance
Can we leverage AI to enhance the effectiveness and efficiency of adverse media screening?
Pagaya raises $102m in Series D funding round
The US-Israeli wealthtech will use the investment to hire more top tier data scientists.
Payfone identity verification firm lands $100m
The firm uses mobile data to create a “trust score”.
Banking on the cloud in the face of COVID-19 and beyond
How is it already aiding savvy banks and their fintech counterparts?
Report: Ten trends in reshaping banking in 2020
Business model, agile organisation, ubiquitous automation, technology modernisation, and culture and workforce transformation.
Open banking start-up truID raises funding to expand customer base
It has raised an undisclosed funding round to help build out its product.
Santander to hire 3,000 IT workers this year for digital transformation
“They will be at the heart of our transformation,” says bank.
Former Diamond Bank CEO launches Nigerian start-up Sparkle
Sparkle already has a banking license from Nigeria’s central bank.
Singapore develops “fairness metrics” for AI adoption in finance
The metrics will inform credit risk scoring and customer marketing.
Banking Tech Awards 2020 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
What the Fintech? Episode 6 | Digital disruption: entering new markets
Findr CEO Greg Watts provides his insight on creating a start-up amidst a global pandemic.
Getting reconciliation right in the “decade of data”
FinTech Futures sat with Douglas Greenwell, reconciliation expert at Duco.
Innovation? It’s all about the data, darling
But we are already drowning in a sea of data.
MUFG triples investment in credit line fintech Fundbox
The fintech says its Series C has raised nearly $200 million.
Resident FinTech Futures expert Greg Watts launches Findr
It is focused on using AI to streamline commercial partnerships.
White paper: The Reconciliation Maturity Model
A blueprint for consolidating, automating and driving efficiency across reconciliations – and beyond.
Featurespace raises £30 million in venture funding
Anti-fraud company nabs new injection to support growth.
Banking Technology May 2020 issue out now
Hope springs eternal: discovering alternative lending in times of crisis.
Global fintech sees worst Q1 since 2016 for VC-backed deals
The quarter saw just 404 deals and ended on $6.1 billion.
Fintech bridges and risk in the UK
These are seen by some to be a post-Brexit policy to ensure that the UK does not lag behind.
Temenos helps UK banks speed up BBLS distribution “in days”
UK banks have seen a surge in demand for BBLS loans.
Russia’s VTB turns to automation for customer claims
VTB wants to reach 70% automation in its claims’ operations.
Help! Historical data does not help with modelling the COVID-19 world
In light of how quickly the world has changed, CIOs and CTOs need to ponder hard questions.
Putting off a reorganisation? This could be rather costly
Throughout the process, involved parties must understand drivers for change.
White paper: The digitalisation of sell-side risk management
What are the latest trends in risk management for sell-side institutions and what shapes them?
Webinar: Transform your customer experience with modern information management
Real-life examples of how FIs delivered value to customers, reduced technology costs & transformed their businesses.
Luminor Bank deploys facial recognition for customer onboarding with Ondato
The Baltic bank will launch the new solution across Latvia and Estonia in the near future.
Car service financing fintech ASF lands £14m despite production slow down
The investment comes after UK car production dipped by more than a third last month.
Temenos rolls out its Financial Crime Mitigation tool on Microsoft Azure
“The cloud is a big investment for us, as we believe it’s the future.”
FIS sets up $150m fintech start-up fund
It’s January investment in Lagos-based Flutterwave marks the first investment.
Overcoming data sourcing issues when testing finance virtual assistants
These testing challenges inherent to AI systems are compounded by data access issues.
NatWest Markets selects Dataiku for self-service analytics and machine learning
Investment banking firm seeks to improve customer experience and improve efficiency.
Travelex founder invests £3m in ex-Virgin Money exec venture Snoop
Dorfman joins fellow shareholder in Snoop, Salesforce Ventures.
Open banking will rival the spreadsheet in accountancy, says roundtable
“It will give firms what they’ve longed for – real-time understanding of the figures.”
Information Builders & Sound Credit Union collaborate on reporting package for COVID-19
IBI’s self-service analytics are designed exclusively for credit unions.
