Shinhan Bank readies stablecoin remittance PoC on Hedera network
This is the latest in a number of distributed ledger innovations by the South Korean bank.
Banking
New neobank designed exclusively for women of colour launching in 2022
GoWomen says it will provide banking services and financial awareness and wellness products.
The rise of carbon-centric super apps
Looking to the future, increasing climate change could see the emergence of carbon-centric super apps.
The Bank of London launches in UK with $1.1bn valuation
The company received its first bank licence as the sixth principal clearing bank of the UK.
New neobank Migom provides unbanked entrepreneurs essential banking services
The digital bank also provides crypto capabilities, including instant crypto transfers.
In your own time
If you think you can dictate timings for the business you are in, think again.
Resignations and regulatory orders at Mizuho in wake of IT failures
President and group CEO Tatsufumi Sakai and senior executive officer Satoshi Ishii will step down from their roles.
New e-money fintech Twig launches in UK
Twig customers can turn their unwanted possessions into cash.
ING CIO Annerie Vreugdenhil leaves to join ABN Amro
Vreugdenhil is leaving after almost two decades with ING.
Landsbankinn prepares for PSD2 with Salt Edge
Iceland’s largest bank will utilise Salt Edge’s international experience and compliance solution.
Unit adds cross-border payments capabilities with Currencycloud
Tie-up expands capabilities for the US customers of Unit’s Banking-as-a-Service (BaaS) platform.
What is the next stage of open banking and how do we get there?
While many people speculate on the future of open banking, let’s look at where the industry is going next.
TSB to close 70 branches across UK as digital-first banking becomes norm
Over 90% of customer transactions are now carried out digitally, the bank says.
Finnovex West Africa: A timely discourse on leveraging technologies for accelerated financial inclusion
The Finnovex West Africa summit took place between 26 – 27 October 2021.
BNP Paribas partners European paytech SIA to launch branded corporate cards
“The payment card market is undergoing a huge transformation,” says BNP’s head of cards.
CIBC recruits Danske Bank’s Søren Rode Jain Andreasen for digital leadership role
Andreasen’s departure follows 15 years at the Danish bank.
Tinkoff adds to business ecosystem with Jump.Finance
Russian bank buys controlling stake in self-employed contractor payment automation software specialist.
Flinks and National Bank of Canada launch open banking solution
The launch comes amid frustration at the slow pace of open banking in Canada.
Bridging the gap between banking and digital accessibility
In a digital by default world, banks need to be champions of ensuring everyone has access to financial services.
State of play: central bank digital currencies (CBDCs)
CBDCs must have interoperability at their core if they are to be adopted at mass scale.
Worldline provides authentication for Austria’s emerging digital ID solution
The provider is working with longstanding customer PSA Payment Services Austria.
FinTech Futures Reports Calendar 2022
Position your brand as a thought leader and a trusted industry expert. Throughout the year FinTech Futures’ experienced editorial team publishes a series of comprehensive reports, providing an independent expert view on the industry, including analysis of key topics and in-depth insight into future trends. Designed to address research objectives across the banking and fintech […]
Saigon Commercial Bank to revamp cards offering with BPC
The project is partly driven by predicted strong growth in mobile transactions in Vietnam.
UK challenger Allica Bank completes £110m Series B funding round
The cash will go towards enhancing Allica’s proprietary technology and client support.
SME neobank Open launches new embedded finance platform Zwitch
Open says Zwitch has already helped 10 start-ups embed financial services.
Core banking system vendor Thought Machine raises $200m in Series C
Founder and CEO Paul Taylor says Thought Machine was set up to “eradicate legacy technology from the industry”.
Mastercard acquires Latin American Start Path protégé Arcus
The payments specialist will aid introduction of Mastercard Bill Pay to Latin America.
Open Banking Exchange Asia formed to further open banking in APAC region
Open Banking Exchange is teaming up with Brankas to provide expertise and collaboration.
Inequality, climate change and economic recovery: how can Africa overcome this triple threat?
Banks should look to make commitments around sustainable finance to drive much-needed change.
Q&A: ServiceNow on how banks can stay competitive through digital transformation
Helping banks to evolve dramatically, quickly, and with flexibility and resiliency built in.
Video: fintech news pick of the week – MoonPay, Airwallex & Gemini
Our top pick of news from the world of finance and tech in bitesize video format, every week.
National Bank of Kuwait unveils country’s first digital bank
Weyay is in beta mode and will target the country’s large youth market.
Nordea picks Temenos’ Multifonds for Luxembourg investor servicing activities
The cloud-based implementation will replace multiple on-premise systems.
Congratulations to this year’s Banking Tech Awards winners!
The ceremony took place on 24 November at the Royal Lancaster Hotel in London.
FairXchange marks United Fintech’s third acquisition in its first year
London company completes busy first 12 months as it builds a capital markets solutions business.
ECB report finds banks failing to meet climate risk goals
The study looks at 112 banks, with €24 trillion of combined assets.
The heat is on for banks to cool the planet
Banking has a bigger role to play in climate change than many of us realise.
What happens next?
The deal is: you can moan and rant and vent as much as you want. Provided you do something next.
Allica Bank makes first major acquisition with AIB’s GB SME lending portfolio
Deal will bring the challenger bank around 2,000 SME customers.
Siinqee Bank signs for new banking tech from Oracle FS
Ethiopia-based Siinqee Bank has signed for the Flexcube core banking system from Oracle FS.
