Intellect launches new open finance-based core banking platform, eMACH.ai
Intellect claims its new cloud-based platform is the largest of its kind in the world, offering 1,214 API connections.
Banking
BMO Financial Group names Darrel Hackett as new US CEO
Hackett was most recently president of BMO’s wealth management division in the US.
FinTech Futures: Top five stories of the week – 21 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Aussie financial software firm Iress to cut 10% of staff amid business restructure
The cuts come as the company looks to form “a more efficient and focused organisational structure”, Iress says.
Santander taps DailyPay to offer on-demand pay services
Through DailyPay, Santander’s clients can provide employees with immediate access to pay as they earn it.
What’s the customer benefit of fintech?
For me, the level of funding going into a market is not a good measure of success.
Gigs names Rafael Plantier as new head of financial services
At Gigs, Plantier will forge new customer partnerships in the financial sector.
SocGen digital asset arm unveils Euro-pegged Ethereum stablecoin
The stablecoin is designed to bridge the gap between traditional capital markets and the digital asset ecosystem.
Worldline partners Crédit Agricole to build “major payments player” in France
The joint venture is expected to be operational by 2025.
ClearBank names former PayPal exec as new chief product officer
Spiros Theodossiou joins from cloud accounting platform Dext, where he also served as CPO.
Regtech Kaizen acquires compliance solutions firm Red Deer
Red Deer head of product Alistair Downes says the deal will leverage both firms’ “expertise and technology”.
19th century advice for 21st century problems
You don’t get a medal for deciding to transform your bank. If you get it right, you get to survive.
Pennyworth CEO says banking authorisation is “in sight” as start-up plots growth
FinTech Futures sits down for a chat with Pennyworth’s co-founder and CEO Jeremy Takle.
Goldman Sachs mulls potential sale of BNPL fintech GreenSky
GreenSky was acquired by Goldman in 2021 for $2.24bn to furnish its Marcus banking app.
What the FinTech? | S.4 Episode 6 | Fintech funding trends and the VC investment landscape
In this episode of the podcast, we’re joined by Sarah Hinkfuss, partner at Bain Capital Ventures.
Leek Building Society taps Jade ThirdEye to enhance AML and CTF controls
Leek Building Society will use Jade ThirdEye’s Customer Screening and Transaction Monitoring SaaS solution.
IFGS 2023: Collaboration key for Singapore’s burgeoning fintech sector
Sopnendu Mohanty, chief fintech officer at MAS, discussed the country’s strategies and successes at IFGS 2023.
Former CIO of TSB Bank fined £81k by PRA over 2018 IT disruption
The PRA says Carlos Abarca breached its senior manager conduct rules.
US Century Bank selects Pidgin for real-time payments
Pidgin’s CEO says the demand for real-time payments is growing “among consumers and businesses alike”.
QFCA partners with R3 to boost Qatar’s fintech sector
The pair will collaborate to create an innovation lab catering to commercial banks and fintech firms in Qatar.
IFGS 2023: More “radical change” for payments on the horizon, BoE deputy governor says
Payments used to be a “dusty corner” in financial services but are now evolving at speed, Sir Jon Cunliffe says.
Liberty Bank launches Owners Bank for small businesses in the US
Owners Bank offers checking and savings accounts as well as digital tools for small businesses.
IFGS 2023: How crisis creates opportunity for fintechs
Funding Circle CEO Lisa Jacobs and Zopa CEO Jaidev Janardana took to the stage at IFGS 2023 in London.
US core banking tech provider Corelation signs two new clients in Hawaii
Corelation has signed Hawaii Community FCU and Pearl Hawaii FCU as its new clients.
FinTech Futures is the new home for the Dave & Dharm Demystify podcast
Demystifying the latest trends, technologies and innovations that shape the future of finance.
Illimity Bank and EIB sign €200m agreement to support Italian SMEs
This is the second agreement between the two firms, following the €1 billion funding facilitated in 2021.
Clearstream launches new bank in Luxembourg for institutional fund investors
The new entity, named Clearstream Fund Centre, operates under a Luxembourgian commercial banking licence.
Capital Bank taps Finastra for corporate digital banking platform
The corporate digital banking platform unifies trade, supply chain finance, lending and treasury services.
Demystify Podcast: Demystifying BaaS in Europe with Warburg and Vodeno
Warburg’s vision and acquisition strategy and how these are being driven by the seismic changes in financial services.
Demystify Podcast with Antony Jenkins, 10x Banking
Antony Jenkins talks about his company 10x, its history from inception to the present day and his future vision for it.
Demystify Podcast: Demystifying BaaS and embedded banking with Michael Zyber and Wojciech Sass
This episode of Demystify Podcast welcomes Michael Zyber, CEO of Metro AG, and Wojciech Sass, co-founder of Vodeno.
Demystify Podcast: Demystifying social media in banking with Paula Rothman, Nubank
Paula Rothman, Nubank’s social and content lead, explains how the challenger bank harnesses the power of social media.
Demystify Podcast: Demystifying ESG and financial services with Shargiil Bashir, FAB
Chief sustainability officer of FAB talks about the critical role of banks in supporting an ESG agenda.
Demystify Podcast: Demystifying digital transformation with Joseph Edwin of Bain & Co
Joseph Edwin, one of the OGs of digital transformation, tells us about the recipe for success.
Demystify Podcast with Norris Koppel and Atul Choudrie, Monese
In this podcast episode we talk about Monese and what makes it so special and successful.
FinTech Futures: Top five stories of the week – 14 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FinTech Futures Jobs: Five of the best fintech career paths, and what you can earn
Explore thousands of open roles on the FinTech Futures Job Board today.
Regions Bank selects Temenos for customer deposit system modernisation
Modernising the bank’s core systems “paves the way” for continued, sustainable growth, Regions says.
Georgia United Credit Union taps Jack Henry for digital banking platform
The scalable platform is built on an open-API infrastructure, allowing the credit union to customise features.
The Banking Scene: Today’s banking challenges and the search for a new ethos
The Banking Scene Conference 2023 Brussels will take place on Tuesday 16 May.
