Financing fintech Sezzle blocked from making loans in California
The Minnesota fintech deemed to be making “unregulated loans”.
Banking
Sopra Steria completes acquisition of Fidor Solutions
Sopra on the hunt to boost its digital banking product portfolio.
Commerzbank to acquire block of Comdirect shares from Petrus Advisers
Commerzbank will hold over 90% of the shares of Comdirect once it’s completed.
Receipt Bank raises $73m in Series C funding round
Bookkeeping fintech will use funds to boost international growth.
Emirates NBD completes third phase of its core banking systems upgrade
The project sees the roll-out of the new core banking system for Emirates NBD Saudi Arabia.
HSBC to shut down Hong Kong ATMs after protest vandalism
Protestors also attempted to damage the bank’s famous lion statues.
ICBA welcomes Charles Potts as the new chief innovation officer
Potts’ extensive financial services experience spans more than 25 years.
Qatar International Islamic Bank picks IBM for fraud prevention
QIIB selects Big Blue for its mobile and online banking channels.
RBS recruits army of digital influencers to promote banking app Bó
The sponsored posts were published after RBS was accused of writing fake reviews for Bó.
Two UK credit unions live on TCS Bancs
TCS confirms Voyager Alliance and RetailCUre deployment of cloud-based Bancs.
Lloyds, Halifax and Bank of Scotland customers hit by system outage
The incident took place from around 4am on New Year’s Day.
JP Morgan vows to ban fintech apps from using customer passwords
It’s working towards issuing tokens that send third parties a narrow range of data in a secure form.
BBVA trials Amazon platform for banking products
The Spanish bank is exploring options via a partnership with a Michelin star restaurant.
Standard Chartered appoints new CIO of corporate, commercial & institutional banking
Rene W. Keller joins Standard Chartered from Deutsche Bank.
SME challenger bank B-North raises £2m funding
The bank’s first regional “Lending Pod” will open in Manchester in Q2 2020.
BoE’s Carney says finance is too slow on tackling climate change issues
Carney is due to become the United Nations’ special envoy for climate change.
HSBC plans new restructure with France and USA in firing line
The global bank is aiming to cut costs and weed out loss-making divisions.
Razer Fintech, Grab and Singtel bid for Singapore digital banking licence
There are only five of the new licences up for grabs.
Former Starling Bank CTO plans 2020 launch of crypto digital bank
Mark Hipperson is CEO of Ziglu, an app that will allow users to trade cryptocurrency
ISO 20022: stepping in the right direction
Market participants should assess the impending transformation and work on action plans.
Credit card challenger Koto to launch in UK come 2020
“We are offering credit with a fixed fee from day one,” says Koto’s CEO.
Fintech’s largest mergers and deals in 2019
What deals shook the market this year? We find them so you don’t have to
2019’s biggest banking job cuts
Digital transformation can lead to unhappy consequences.
CBI’s CEO on gender diversity in banking and how it’s changing
She is optimistic about the last eight years she’s spent as a CEO.
Our top women in fintech and banking 2019 short list
A short-list of rising stars and household names in banking and fintech.
Top 10 challenger banks by valuation and funding
It’s been a record year for fundraising across the challenger bank space.
UK challenger Supreme Fintech set to launch globally in February 2020
The start-up is gearing up for its 1 February 2020 launch.
A 2019 challenger bank review
B-North’s COO takes a look back at what 2019 had in store for banks.
Incumbents are putting aside religions of old, says cyber firm Veracode
The rise of cloud-native fintechs is “acting as a message to incumbents”, says CTO
Top 7 banking outages in second half of 2019
Banking outages have hit headlines thick and fast this year.
Deutsche Bank launches motion code Calma Card with Mastercard in Spain
The major companies say it’s the first Spanish card to use motion code technology.
Next year looks bright for community banking
Credit unions and community banks raise their game in 2020.
2019’s largest regulatory fines
The biggest charges levied by regulators this year, summarised for you.
UK fintech Rebank raises $2.8m seed round to help businesses bank
The start-up sits on top of businesses’ bank accounts.
Australia delay open banking regulation by six months over cybersecurity concerns
Banks are “extremely concerned about cybersecurity”, says ACCC.
Gen Z are the bank customers of the near future
Learn how banks can balance engaging with this group, millennials and older customers.
Challenger banks in the Middle East
Featuring challenger banks in the UAE, Bahrain, Saudi Arabia and Israel.
How would Boris Johnson’s 2% digital tax affect UK fintech?
The tax will target big social media platforms, search engines and online marketplaces.
OP Financial Group signs Minna Technologies to advance open banking
Finland’s largest financial group calls the partnership “the right match”.
Signing up to the future
A legal evangelist explains why she expects the future of contracts to be autonomous.
