Bank of Singapore appoints new chief data and innovation officer
Celine Le Cotonnec will join the institution in its newly created role.
Digital
Bremer Bank aims to revamp digital banking with Backbase
Minnesota bank looks to boost customer experience with Backbase tech.
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.
iSignthis to form blockchain venture with NSX to compete with ASX
NSX suspended iSignthis from trading on its platform five months ago.
Barclays spies on staff, CEO investigated for Epstein links
The technology tells staff to mute their phones and avoid breaks.
US banks debut cloud-based Finastra Phoenix platform
Commerce National Bank & Trust and Commencement Bank deploy Phoenix on public cloud.
Standard Chartered snaps up top fintech exec
Kahina van Dyke joins Standard Chartered CCIB from from Ripple.
Opel Bank becomes first European lender to pick FIS Modern Banking Platform
FIS follows up its Union Bank deal with a new partner in Germany.
Taking chances: An interview with Chuka Ikele, legal counsel at CrossLend
Drawing connections between the correlation of law and finance.
Fiserv completes PIN on Mobile pilot in Poland
The tech vendor worked with Visa, Samsung and PayCore to test new product.
Mastercard plans its first European cybersecurity centre
The Cyber Resilience Centre will work with European cybersecurity agencies.
FCA: Innovative fintech entrants putting some customers at risk
UK watchdog warns of customer risk exposure from flashy fintech firms.
Pakistani challenger Sadapay preps 2020 launch
New mobile wallet will target Pakistan’s underbanked and freelancer market.
Monzo set to hire another 500 and reintroduce paid accounts
CEO Bloomfield says it is also looking into lending more as a revenue driver.
Report: The digital drive to replace the passport in financial services
FinTech Futures publishes its latest industry report, on digital identity and fraud.
Flywire secures unicorn status with $120 million Series E funding round
Goldman Sachs led the latest round.
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.
Decentralised versus centralised finance: Impacting a global market
Maybe a hybrid of both systems will be the future of finance.
Moven and STC Pay plan challenger bank in Saudi Arabia
Moven founder announces new bank on social media.
FinovateEurope: Danske Bank’s UK chief digital officer doesn’t like chatbots
“I don’t like them, and more importantly customers don’t like them.”
Hampshire Trust Bank taps Ping Identity to improve customer experience
HTB aims to improve its monitoring, optimisation and alerting systems.
Klarna buys Italian paytech Moneymour
A product development hub will be launched in Milan.
Why we need to persuade governments to tokenise the world’s forests
Tokenisation is a new innovative mechanism for sustainable financing.
The risk of siloed IT procurement
Why it pays to say no to the silo.
White paper: Accelerating RPA with a comprehensive process intelligence platform
Process intelligence is critical to the success of any RPA initiative.
FinovateEurope: Key takeaways
Sharon Kimathi and Ruby Hinchliffe explore the event’s top five themes.
LAPO Microfinance Bank in tech overhaul with Oracle
LAPO Microfinance Bank switching a number of systems.
TransPecos Bank signs up Nymbus for core banking transformation
Texan bank already deploys Nymbus at its digital subsidiary.
How far can venture capital take European challenger banks?
European challengers have been among the top recipients of regional venture capital.
Mastercard granted entry to Chinese payments market
People’s Bank of China gives Mastercard a green light.
FinovateEurope: Nasdaq’s behavioral sciences head says AI can be “nonsense”
“People talk about AI as if it can solve anything, but it isn’t the only answer.”
Three Irish credit unions sign for Temenos’ banking tech
Capital Credit Union, Credit Union Plus and Tullamore Credit Union sign for Temenos’ tech.
Revolut launches open banking for all UK retail and business customers
Its new offering has been built in partnership with TrueLayer.
Varo Money enters final stage of becoming nationwide bank
Mobile banking firm Varo Money has gained approval from the Federal Deposit Insurance Corporation (FDIC).
Ask the expert Finovate special: I’m a new fintech
How can I generate awareness of my business among potential investors and clients?
Nigerian fintech start-up Aella raises $10m
This debt financing round is Aella’s second raise.
Transparent Systems comes out of stealth mode with $14m funding
Ivestors: “The financial industry is ready for new technology to improve the way people pay for goods and services.”
Kasisto increases Series B funding round to $22m
The additional $7 million came from Napier Park Financial Partners.
Majority launches digital banking products for immigrants
It’s relying on two drivers: physical meetup spaces and brand ambassadors.
