Mobile finance fintech Channel VAS lands $54m investment
Investors see potential in Africa’s “growing yet underpenetrated mobile airtime market.”
Banking
Fibank, Mastercard and Garmin launch pay watch
The tech enables contactless POS and ATM transactions.
UK banks halt £820m of fraud in the first half of 2019
Figure means an increase of 14% in blocked criminal transactions.
Sibos 2019: “We don’t get rid of anything in this industry”, says Fiserv director
Fiserv talks on the evolution of payments.
Revolut to deploy BearingPoint regulatory reporting system
AnaCredit and EBA reporting covered by BearingPoint’s Abacus360.
Intesa Sanpaolo signs Pelican for self-learning sanctions solution
Italian bank aims to reduce false positives with new software
Start-up to democritise Mexican banking raises largest funding round in country’s history
The investment is $7.5 million in equity and $50 million in debt.
Sibos 2019 video: Mishal Ruparel, general manager at Banking Circle
He speaks about his top trends and challenges highlighted at Sibos and throughout the year.
Sibos 2019 video: Simon Wilson, director of payment solutions at Icon Solutions
Here, he speaks about the firm’s new collaborative payments platform.
UAE’s first digital business bank launches
E20 has been designed for SMEs and entrepreneurs.
Santander UK replaces 13 legacy systems with nCino technology
UK bank aims to meet customer needs with cloud-based system.
Sibos 2019: Watch out for Asian big techs like Alipay, Accenture warns banks
Bigtechs have been quietly accumulating lots of data.
Daily News at Sibos 2019: Day Four
Download your copy of the day four edition today!
Monzo scraps Monzo Plus subscription service, replaces development team
UK challenger presses the reset button on five-month old premium offering.
Sibos 2019: IBM’s initiative for social good
AI to combat social issues is “not philanthropy”, but rather an initiative.
Sibos 2019: Cultural barriers need to fall to make cybersecurity more transparent
Banks need to go beyond ISO requirements, says Cramer.
Sibos 2019: SEB launches new environment-friendly product for Nordic SMBs
Th trend is shifting from last year’s focus on renewable energy.
BNG Bank heads to the cloud with Wolters Kluwer OneSumX
Dutch bank believes Wolters Kluwer was the “natural choice”.
HSBC launches trade finance API for bank guarantees
Launch is first of a series focused in the trade finance sphere
Sibos 2019: Aligning compliance with real-time payments
We can do a lot more in the fraud space – sharing utility and data between banks.
Sibos 2019: Banks must improve data handling to root out financial crime
Applying AI needs to be done when data is set right, says panel
Sibos 2019: “Blockchain is not a magic wand,” says Euroclear
The panel agrees blockchain is not a ‘one size fits all’ solution.
Digital software that makes banking cool
Digital software might be giving banks some extra verve.
Sibos 2019: MUFG “ready to work with fintechs”
MUFG reveals it already has its eyes on some fintechs.
Atom Bank opts for Google Cloud
Challenger selects Google’s platform for product development
Sibos 2019 video: Andreas Burner, CIO, SmartStream
Discover what he says about their latest AI and ML processes.
Centier Bank’s new mobile app Billinero live on Nymbus tech
Centier outsourced the customised development and full operations of its new mobile app, Billinero.
US Bank and MX join forces to improve customer financial wellbeing
MX’s data enhancement solutions help US Bank clean, categorise and classify financial data.
Portugal’s largest bank signs Tink to underpin its new app Dabox
Caixa Geral de Depósitos’ (CGD) new app will be rolled out to four million customers.
Sibos 2019: Embracing payments change will keep banks in fintech race
Schemes like Request to Pay will change the game, says panel.
Sibos 2019: “Digital transformation will happen quicker in LatAm than Europe”
McKinsey predicts “the spike” will hit soon.
BIAN takes aim at core banking modernisation with new initiative
It wants to create an efficient and effective approach to core change.
Sibos 2019: Banks should stop waiting for political uncertainty to end, it won’t
Banks need to adapt to a permanently unstable status in politics.
National Bank of Canada chooses CGI’s All Payments platform
The bank is modernising its payments ecosystem.
Challenger bank Pepper creates new app for young investors
The mobile-only challenger bank offers Israel’s first fractional shares trading app.
What financial institutions need to build a strong AI strategy
Three considerations in building a strong artificial intelligence (AI) strategy.
Sibos 2019: Banking experts on how APIs improve efficiency
“APIs are the backbone that helps us deliver a frictionless service.”
SmartStream unveils AI-driven instant reconciliations tech
It is the only truly instant reconciliations solution currently available.
Sibos 2019: Banks face existential threat from fintechs “willing to lose money”
Industry is “misjudging” competitive risk in payments.
Daily News at Sibos 2019: Day Two
Download your free copy of the day two edition today!
