US Fed Reserve & ECB ramp up bond buying to steady markets
Fed pledged to buy unlimited amount whilst ECB eyes up €750bn additional bonds.
Corporate & Commercial Banking
Survey: Corporate Banking & APIs – the state of play
Are there concrete API plans and strategies in place? We’d greatly appreciate your input in this survey.
Goldman Sachs becomes part of SAP’s Ariba Network
More than 4.6 million companies make up the Ariba Network.
HSBC’s $6bn structural overhaul under threat from COVID-19
The global bank may have to delay its plans if the contagion becomes a long-term issue.
Appian unveils software to help banks operate amid coronavirus outbreak
The application is only available to companies with more than 1,000 employees.
Video: Hot-seat with Steven Marshall, CCO of Crown Agents Bank
He reveals how a legacy institution can stay relevant and adapt in this digital wave.
MatchMove applies for one of Singapore’s full digital bank licences
The company has teamed up with three other bidders.
Expense management start-up Payhawk lands $3.3m seed capital
The round was led by N26-backer Earlybird.
Cyber-incidents are on the rise: What can your firm do to defend itself?
Senior management should ask themselves five key questions.
Monzo launches first business banking accounts
UK challenger bank steps into the business space with new accounts.
Open banking: A move towards greater or lesser transparency in banking?
Will it reduce or increase information asymmetry between consumers and finserv companies?
Santander buys Spanish fintech Mercury TFS
Santander hopes the deal will enhance its global trade platform operations.
Kyriba Live 2020: Is it time to partner up with fintech firms?
The question is whether fintech firms will want to join Kyriba’s platform.
Banks test disaster recovery sites and send staff home amid coronavirus
Senior bank execs are concerned about broadband capacity at their employees’ homes.
White paper: Temenos recognised as a leader in the Forrester Wave™ for digital banking engagement platforms
Convincingly broad off-the-shelf capabilities for supporting channel-specific retail, business and corporate banking.
Financial regulators address the economic & operational effects of COVID-19
Regulators across the globe issue statements addressing coronavirus precautionary measures.
First State Bank makes account processing switch with Fiserv
Illinois-based bank looks to improve efficiency following acquisitions.
Jack Henry gets three-in-one deal for SilverLake with New Hampshire Mutual Bancorp
Three banks have migrated or will be migrating to cloud hosted SilverLake system.
Samsung SDS and Credorax to launch DLT account reconciliation platform
The companies say the decision to team up was driven by open banking.
FCA warns Deutsche over repeated compliance failings
The bank’s tardiness in notifying affected clients and regulators led to concerns.
JP Morgan hires Capital One’s Gill Haus to lead digital technology
Gill Haus starts this week as head of digital technology for the consumer bank.
Dissecting banking technology trends in 2020
This year will be one of continued disruption and evolution in banking technology.
Assaray Trade and Investment Bank kicks off digital overhaul with Temenos
Libyan bank signs for Temenos Infinity and Temenos Transact.
The impact of COVID-19 on the Chinese market
The effects of the coronavirus on the local fintech market isn’t all negative.
Wells Fargo agrees to pay $3bn fine for fraudulent account furore
US bank agrees to pay hefty settlement fine on ongoing probe.
Banks rely on big bang system replacements to cope with real-time demand
An evolving customer base demands accelerated time-to-market, says Oracle’s Vikram Gupta.
Australia’s regulator flags new internal bank stress-testing framework
APRA will consult the industry on the development of the framework in H2 2020.
Morgan Stanley to buy E-Trade for $13bn in bid to tap online traders
The Wall Street investment bank is branching out from its wealthy client base.
Barclays spies on staff, CEO investigated for Epstein links
The technology tells staff to mute their phones and avoid breaks.
UBS appoints ING’s Ralph Hamers as next chief executive
Hamers will step down from ING at the end of June and join UBS in September.
Belfius Bank goes live on SimCorp Dimension
The Belgian bank deploys SimCorp in retail, corporate, and investment banking.
Standard Chartered snaps up top fintech exec
Kahina van Dyke joins Standard Chartered CCIB from from Ripple.
Taking chances: An interview with Chuka Ikele, legal counsel at CrossLend
Drawing connections between the correlation of law and finance.
National Bank of Yemen goes live on ICSFS core system
Project has been in the works since 2012.
Community spirit: Reminiscing on the halcyon days of the bank branch
“I had to find out how to best serve people and customers at a community level.”
Video: Top fintech stories this week – 14 February 2020
FinTech Future’s weekly news round-up.
Video: Top fintech stories this week – 03 February 2020
FinTech Future’s weekly news round-up.
Fintech M&A: Prioritising growth and resilience
There is still runway for further consolidation.
An evolution in the world of trading
Traders are extremely bullish about the potential of digital assets and crypto-products.
Receeve raises €4m in seed funding
This comes within a year of a pre-seed fundraise of €1 million from Seedcamp and others.
