UAE and Saudi Arabia trial cross-border payments on blockchain
Despite some media reports it’s not a digital currency.
Innovation
Swift CEO calls time on seven “intense” years
Gottfried Leibbrandt will step down at the end of June 2019.
Vocalink to revamp Peru’s payments system
Teams with Cámara de Compensación Electrónica for real-time upgrade.
Finastra Universe London 2018: overcoming the data frontier
When privacy is not an issue.
Plaid’s glad all over with $250m funding
US app provider now valued at a juicy $2.65 billion.
Barclays app turns on retailers with “turn off” spending feature
Customers can stop transactions at chosen retailers for greater control.
Ripple powers Coinone’s remittance app in South Korea
The nation’s “first blockchain-powered remittance mobile app and web service”.
White paper: Segments of one – customer insights in digital banking
Easy-to-implement use cases for personalised marketing and sales.
UNICEF fuels SME funding for emerging markets
Its innovation fund gives Atix Labs some support for good causes.
The biggest hurdle to financial institution future-proofing
It’s surprising how many FIs are still resistant to the changes that are revolutionising their industry.
Buzzvault app jumps into insurtech space
Home insurance app for a personal asset vault.
Banking start-up Nexves wins Scottish EDGE Wild Card
Gets a cash boost via victory at the RBS-backed competition.
StanChart first in Hong Kong for digital savings account on-boarding
HKID security features validation and facial recognition.
Banking-as-a-Service: why IBAN is key
The IBAN capability BaaS platforms will become the key driver of flexibility and growth.
Money Dashboard brings ML magic to GoCompare
Scottish firm clearly not riled by GoCompare’s awful adverts.
Top three action items for FIs from 2018
Condensing six fintech events down into a handful of concrete takeaways.
Voyager Innovations first for Singapore’s faster fintech patent
Seven months a save via Intellectual Property Office of Singapore.
Sberbank in three-way repo deal on blockchain
Joined by National Settlement Depository and Brokerage Company Region.
Top fintech stories this week – 7 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Swift adds information check pilot for gpi payments
The pilot for global payments innovation starts with 14 banks.
Avaloq and Gazprombank go crypto for wealthtech
The bank will offer crypto-asset investments from mid-2019.
White paper: Adaptive Authentication – Superior User Experience and Growth through Intelligent Security
White paper on the state of authentication and the evolving threat landscape.
R3 and European banks complete euro commercial paper transaction
Second attempt with Commerzbank, ING, Natixis and Rabobank.
Raisin UK now offers account courtesy of Starling
UK challenger bank’s Banking-as-a-Service sees its results.
R3 and Ripple settle down for universal payments app
Famous duo ally as XRP is the first settlement mechanism.
Swiss seek fintech action with laid-back licence offer
Parliament chills out by offering a licence with relaxed requirements.
Lastminute.com launches travel Visa card
Online travel agency teams with Wirecard for multi-currency offering.
Kuwait plots payment system and digital Dinar
Central bank will take its time with fintech initiatives.
Itaú, Wells Fargo and StanChart make $100m club loan on blockchain
Proof of concept used R3’s Corda Connect platform.
Job losses in Lithuania as Barclays hands ops centre to HCL
End of an era and not all employees will get a job at the Indian firm.
US regulators rouse banks to AML innovation
Banks get love and tech support to strengthen the financial system.
Banking Technology December 2018/January 2019 issue out now
Does fintech dream of electric leaps? Brightness and brilliance within.
E-book: Become the responsive bank
Why embracing the latest technology can increase brand advocacy and customer acquisition.
ISO 20022 not snowed under by icy responses
Bank of England says responses to messaging standard were “largely supportive”.
Italian banks’ blockchain project picks up pace
More banks, more data and more news for Spunta Banca Project.
Becoming a digital bank
Digital transformation must be a far-reaching and whole-hearted undertaking.
Certua launches create-your-insurance toolbox
Insurance-as-a-Service just became a thing.
Mastercard and Microsoft in digital identity drive
They dream of a “universally-recognised” system.
French 14 find firm favour in R3 blockchain trial
Corporates complete regional CordaKYC trial with AFTE.
Calastone to launch blockchain-powered funds marketplace
Coming in May 2019 via its new distributed market infrastructure.
