Monese partners Veriff to strengthen digital security
The neobank will use Veriff’s tech to onboard and authenticate the identity of customers.
Banking
Customers don’t do what they should
There’s a disparity between how banks think and what customers do.
Société Générale plans transaction banking switch-up with Temenos
The French giant will deploy Temenos systems across Europe and Asia.
JP Morgan acquires digital wealth manager Nutmeg
Nutmeg will complement the launch of JP Morgan’s digital bank Chase.
Fiserv lands payments deal with Pentagon Federal Credit Union
The credit union is the second largest in the US.
Weightless – how cloud lightens the heavy lifting for financial institutions
Cloud enables banks to innovate in minutes and launch in days.
Ebanx raises $430m from Advent International to fuel Latin American growth
Cross-border commerce firm plans to expand its partnership network.
Don’t blame it on capitalism
We focus on reducing cost because that needs no creativity, no thought, no iteration.
White paper: Cloud momentum is building in retail banking
Learn how cloud adoption is growing faster than anybody ever envisaged.
Infographic: Modern consumer experiences run on cloud
Cloud technology is the future of finance. Find out how it’ll get you there.
Market commentary: Cloud momentum is building in retail banking
Find out why cloud is the way forward, and how to navigate the journey.
What the Fintech? | S.2 Episode 13 | The terror of technological debt
Vincent Kilcoyne, executive vice president at SmartStream, joins us on our What the Fintech? podcast.
American Express debuts checking account product for small US businesses
The product has been developed by recent AmEx acquisition Kabbage.
BlackRock to buy slice of 10x Future Technologies in £132m funding round
10x has been planning a new fundraise since late last year.
Mashreq Bank picks Comarch wealth management platform
UAE bank seeks levelling up for wealth clients.
Lloyds hires former DBS Bank exec David Gledhill as new COO
Gledhill, who takes over in August, also spent 20 years with JP Morgan.
Crown Agents Bank sets out fintech focus with new executive hires
UK-based bank picks up a head of fintech and a new CCO.
Video: fintech news pick of the week – Klarna, Mastercard & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
BMO Harris Bank picks FIS for multi-year core banking transformation
FIS’ Systematics legacy tech out, Modern Banking Platform in, at BMO Harris Bank.
KeyBank goes live on SmartStream’s cloud-based collateral management tech
The Cleveland bank aims to reduce infrastructure costs by moving to the cloud.
Google Cloud’s global head of fintech partnerships bids farewell to Big Tech
Anil Saboo leaves after three years at the Big Tech.
BMO picks AWS in push to become “cloud-first organisation”
The Canadian bank plans to move strategic internal workloads to AWS.
Antelop reinvents digital cards and mobile issuance with a unified solution for banks and card issuing processors
Delivering a full range of digital card features through mobile-only integration, with no back-end dev required.
Exclusive: Unite Global secures second $5.25m investment from Svea
Svea exercised an option to increase its holding from 4.95% to 9.91%.
Wipro hires former Yes Bank exec Anup Purohit as new CIO
Purohit has previously worked in leadership roles at RBL, Barclays and JPMC.
BaaS-based Netbank goes live in the Philippines
Netbank plans to offer a “full range” of banking services to migrating firms.
Bloom Money aims to build migrant-led community finance
Bloom Money describes itself as the app built “by migrants, for migrants”.
Mizuho Bank president resigns after damaging system glitches
The Japanese bank experienced four outages in February this year.
Video: fintech news pick of the week – Nubank raises $750m; Goldman Sachs partners with Visa
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: RDC, Hokodo, TreasurySpring, Now & more
Plenty of funding rounds to get your teeth into this week.
Mastercard launches new initiative to support minority-owned fintech start-ups
The Start Path programme aims to support traditionally underrepresented fintech founders.
Orange Bank partners Younited to underpin consumer credit boost
The bank says it strengthens “essential links” in its credit value chain.
Arkéa Banking Services picks Finastra for Fusion Risk outsourcing
The bank will offer the services of Fusion Risk modules to its compatriots.
Airbase raises $60m in Series B to boost spend management capabilities
The firm has now raised $91 million in total.
Experience-driven banking: experience owners
Experience owners seek to fulfil end-to-end customer journeys for their niche segment.
Klarna raises $639m in SoftBank-led funding round
The BNPL firm claims it is now valued at $45.6 billion.
BBVA cuts Spanish workforce by 13% to survive “tremendous competitive pressure”
The Spanish bank says digital changes and new competitors have forced its hand.
Virgin Money Australia goes live on Temenos Banking Cloud
The Australian bank selected Temenos in March 2020.
Galileo hires former Google Cloud exec Derek White as new CEO
White replaces Galileo founder Clay Wilkes who will switch to vice chair.
Philippines grants digital banking licence to Unobank holding company
Unobank aims to bridge the financial inclusion gap in its home country.
