Actions not words
It’s fitting that this year’s theme for Black History Month is “Time for change: actions not words”.
Innovation
B2B paytech Finexio secures $35m Series B at $100m valuation
The oversubscribed round was co-led by Mendon Venture Partners and National Bank Holdings Corporation.
Open API maturity is slowing due to a lack of industry standardisation
Common business standards are required to enable interoperability of APIs across the financial services sector.
Cartoon: Fear gauge
A new cartoon illustrating how uncertainty in the stock market is making companies hesitant about going public.
Innovation in payments – how merchants can get it right
When it comes to the future of payments, moving money instantaneously with ease and transparency is key.
UK lender Fluro hires new CTO and data science head
Fluro’s new CTO Jason de Carvalho joins from online supermarket Ocado.
Addressing the digital skills gap in financial services and accounting
The finance industry must address the skills gaps among its employees sooner rather than later.
Fostering flexible, easy-to-use solutions for cross-border money movement
Visa B2B Connect: cross-border money movement represents a $10tn opportunity.
Wells Fargo partners Google Cloud for AI virtual assistant, Fargo
Fargo will leverage Google Cloud’s conversational AI platform Dialogflow to offer personalised banking tips.
NatWest adds three new payment providers to VRP roster
Token, Tink and Yapily will now be able to offer VRP as a new payment option.
New decentralised paytech Clowd9 launches to “transform” global payments system
Clowd9’s investor base includes former partners at Goldman Sachs, Morgan Stanley and JP Morgan.
Public Key Infrastructure management: removing complexities with PKI-as-a-Service
The benefits and what needs to be considered by FIs when adopting cloud-based PKI-as-a-Service (PKIaaS).
UBS strengthens cloud partnership with Microsoft
The bank intends to host more than 50% of its applications on Microsoft Azure.
NatWest and Vodeno Group partner up to start BaaS business
The partnership will leverage Vodeno’s BaaS technology and NatWest’s banking technology and UK banking licenses.
Is core banking easy?
It’s now much more possible for banks to create innovative new products.
Video: Visa at Sibos 2022 – The evolution of B2B payments
We speak with Visa’s Darren Parslow about the shifting B2B payments landscape.
Santander partners VC firm Forgepoint for new cybersecurity investment company
The bank is expecting to invest up to €300m in the strategic partnership.
Table bookings now open for Banking Tech Awards 2022
The awards gala will take place at the fabulous Royal Lancaster Hotel in London on 1 December 2022.
HSBC taps Oracle to power digital transformation
HSBC will upgrade and migrate select database systems to Oracle’s Exadata Cloud@Customer platform.
Capital on Tap secures £100m credit facility to support SMEs
The facility will be used to build out a central finance hub for small business owners in the UK and US.
Crowdz to integrate open banking-powered payments with GoCardless partnership
Crowdz will implement three GoCardless open banking-powered payment features across four markets.
Happy feet
Always keep going. That’s the only way any of this work gets done.
Goldman Sachs plots reorganisation, reveals change of plans for Marcus
“The concept of being broad, with a consumer footprint, is not really playing to our strength,” says CEO.
Sibos 2022 highlights
Take a look at our highlights video from Sibos 2022 in Amsterdam.
Video: BNY Mellon at Sibos 2022 – The growth of real-time payments
We chat with Carl Slabicki of BNY Mellon about current payments trends and the growing adoption of RTP.
Mastercard to enable banks to offer crypto trading services with new solution
Named Crypto Source, the new offering is being developed in partnership with Paxos.
Being an entrepreneur: from A to Z
It’s easy to start a company, but it’s much harder to sustain it.
Digital challenger Bunq wins “landmark” case against Dutch Central Bank
The firm took the DNB to court earlier this year over the use of AI/ML technology for AML checks.
Video: NatWest at Sibos 2022 – The open banking revolution
We speak with Dan Globerson of NatWest about the bank’s open banking strategy.
Video: Bank of America at Sibos 2022 – Cross-border payments trends
We chat with Derrick Walton of Bank of America about how cross-border payments have evolved.
Video: ING at Sibos 2022 – Interoperability in trade finance
We chat with Lynn Ng of ING about whether cross-platform interoperability in trade finance is possible.
Giving control of digital payment credentials to consumers
Card issuers should provide tools for consumers to easily manage their digital payment credentials.
B4B Payments at Money20/20 USA: globalising US fintechs for European issuing and payment expansion
B4B Payments will showcase its instant card issuing and payments innovation platform at Money20/20 USA.
Video: BAFT at Sibos 2022 – Collaboration between banks and fintechs
We chat with Tod Burwell of BAFT about how collaboration between banks and fintechs is driving innovation.
Video: Brim Financial at Sibos 2022 – Card and payments innovation
At Sibos 2022, Brim Financial’s Meenaz Sunderji discusses the evolving retail and corporate card landscape.
Video: NatWest at Sibos 2022 – Sustainability and achieving net-zero targets
We chat with NatWest’s Solange Chamberlain about sustainability in banking and achieving net-zero targets.
Crypto-powered banking platform BVNK secures Spanish digital asset registration
BVNK is looking to expand across the European Union and beyond.
Digital transformation in financial services: how to plan your spend for maximum impact
How to balance measurable return on investment (ROI) and long-term results.
Google Cloud set to accept crypto payments via Coinbase
The partnership, which had been in the works for “many months”, has four parts to it.
Sibos 2022: Achieving net-zero across an FI’s value chain
A number of associations are being spun up to support FIs to address the complexity around decarbonisation.
