Kuwait International Bank announces Mobiquity as digital transformation partner
Mobiquity will provide strategy, design and engineering services for digital banking.
Banking
TSB COO: It’s easy to throw the rock at us and say ‘this guy crashed in 2018’
“Compare this company to the market,” says TSB’s COO.
Miami neobank Fortú launches with Galileo Financial Technologies
Fortú plans to focus on Latinx communities and their unique needs.
PBCOM goes live on cloud-based Temenos core banking system
Philippine bank first signed for Temenps back in 2012.
Liberty Bank signs digital banking deal with Alkami Technology
Connecticut-based bank seeks to revamp its services with Texan vendor.
Canadian fintech Wealthsimple raises record $610m at $4bn valuation
The fintech started off as a robo-advisor back in 2014.
HSBC to pay more than €1bn to get rid of loss-making French branches
The French unit moved to the shelf back in September 2019.
What I learned from a chatbot about the future of digital banking
We ought to abstract tech away from the schema and focus solely on people.
Video: pick of the week – new payments system in Singapore, Bank of Ireland tech hires
A top pick of stories from the world of finance and tech in bitesize video format, weekly.
Report: AI – the future of content management in financial services
Our latest deep-dive report focuses on the potentially revolutionary role of AI in banking content management.
Digital challenger Arrow pledges to save Americans $5,000 in five years
Digital challenger pledges to save Americans $5,000 in five years.
Lanistar secures FCA approval less than six months after regulatory warning
Lanistar also filed its unaudited accounts last month.
Bank of America CTO: Cyberattacks on banks “surged” during pandemic
Cyberattacks have surged “dramatically”, says BoA exec.
ClearBank appoints Tom Harris as new CTO
UK clearing bank promoted from within to fill technology role.
Ohpen offloads Davinci Consulting to Yellowtail Conclusion
Core banking vendor streamlines newly-acquired Davinci Group.
Nordea core banking chief Joseph Edwin leaves after six years
Joseph Edwin steps away from Nordic giant after many years leading major change.
Nuapay becomes Australia’s first open banking payments platform
Nuapay’s joint value proposition caters to both consumers and merchants.
Au Jibun Bank investment app: changing hearts and minds
Au Jibun Bank aims to become the lifelong partner for every customer.
Bank of Ireland COO: “Inside every bank there’s a tech company”
“We’ve reached a tipping point,” says COO.
Singapore pledges $32m to help regtechs take POCs to market
Welcome to “the Valley of the Valuable POCs”, says MAS chief fintech officer
Virgin Money picks Trade Ledger for business banking boost
UK bank lays groundwork for new business products in 2021.
UK neobank hopeful Kroo partners with Bugni Labs for credit engine
Kroo underwent a brand revamp from B-Social last year.
Danish fintech Blocser launches Butterfly card for UK’s gig workers
“Think of us as a ridesharing service, but instead of rides, you sell your work,” says CEO.
Fintech funding deals globally 26 April – 2 May 2021
Featuring Brex, Paxos, Vena, Greenlight, and Current.
Stop running out of cash
With the right approach and clever outsourcing, cash management becomes a success for FIs.
French watchdog says banks risk “marginalisation” by Big Tech payment apps
The paper focuses on Big Tech-associated threats to competition.
UK eco-banking challenger Tred lands £1m in Crowdcube raise
Tred partners with Forest Carbon to deliver on its tree planting promise.
JP Morgan, DBS Bank and Temasek to form new payments platform
The platform will start by facilitating flows between Singapore-based banks.
Meet Jake: Gen Z crypto enthusiast
Gen Z is already forming an opinion about banks that is not favourable. Have the banks lost the battle for Gen Z?
Greek fintech Viva Wallet lands $80m from Tencent, EBRD
Viva is in the midst of launching a credit service for merchant customers.
Hampshire Trust Bank picks DPR platform to outfit origination
HTB is replacing a long-standing legacy system with the cloud-based DPR solution.
Virgin Money Australia claims to “break new ground” with loyalty scheme
There is clear disruption already happening in the rewards space.
Thought Machine plugs into Wise’s money transfer API
Thought Machine is plugging into via its own ‘Vault’ platform.
State Street hires Aman Thind as new global chief architect
Aman Thind will drive the US bank’s technology transformation.
Nymbus lands $20m from Vystar Credit Union for new CUSO
Core banking vendor’s new project wastes no time in landing funding.
Video: fintech news pick of the week – HSBC, 11Onze, UK fintech funding & more
A top pick of stories from the world of finance and tech in video format, weekly.
Spoil the magic: machine learning in fintech
Nothing in your business should be magic, it’s just nice if it looks like magic to outsiders. We’re talking about machines here.
HSBC CEO Colin Bell joins board of AML fintech Quantexa
HSBC has used Quantexa to develop an AI solution to better identify financial crime.
Greenlight, Step and Current land “kids banking” industry collective $580m
Greenlight, Current, and Step all began with basic card-based offerings.
National Commercial Bank migrates payments processing to TranzAxis
Vietnamese bank switches card operations to the Compass Plus system from legacy in-house tech.
