Weathering the storm: how savings providers can utilise tech to support their customers through the cost of living crisis
Putting in place the transformational changes needed to keep up with customer needs and expectations.
BankingTech
Gently, firmly… urgently
The future is here. And it’s on fire. Here’s what I want you to do about it.
National Australia Bank expands AWS collaboration with “multimillion dollar” cloud deal
The bank says the deal will enable it to “accelerate the migration of key critical workloads to AWS”.
Take a look at this year’s Banking Tech Awards finalists
The Banking Tech Awards 2022 winners will be revealed on 1 December at a ceremony in London.
Ohio’s Huntington National Bank teams up with InvestCloud to launch Advisor Connect solution
The new offering is built on InvestCloud’s Find My Advisor technology.
High-performing teams and trust via vulnerability
Trust is earned and not built overnight. It’s a slow process but a few key actions can speed it up.
Freedom Bank of Virginia partners Autobooks for new digital invoicing solution
The bank’s business clients can now generate professional invoices with an integrated ‘pay now’ button.
UK’s ClearBank hits profitability as revenues soar
The firm says it has generated £45.4 million in revenue since the beginning of this year.
UK challenger Tandem partners Cogo to help customers track their carbon footprint
Cogo’s tech will feature on Tandem’s green living hub, with plans to integrate directly into the bank’s app in 2023.
Thought Machine’s core banking system to “reinvent” Payset
The go-live of Thought Machine’s Vault Core is expected in April 2023 at Payset.
FinTech Futures: Top five stories of the week – 25 November 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US SME banking platform Novo bags $35m in Series B extension
The new cash takes its total Series B funding to $125m following a $90m raise earlier this year.
ICYMI fintech funding round-up: Atoa, Djamo, Flourish, Hardbacon & Nine25
A handy round-up of this week’s fintech funding news from around the world.
Atom Bank lands £30m funding to boost lending and fuel growth
The new cash means the Durham-based challenger bank has now raised £105 million over 2022.
Cambodia’s ABA Bank taps Compass Plus Technologies for card issuance kiosks
The self-service kiosks can issue international debit cards in under two minutes.
Nationwide Building Society appoints new COO, Suresh Viswanathan
Nationwide says it is moving to “the next chapter in its digital ambitions” with Viswanathan’s appointment.
The enemy of ‘good’ is ‘better’
The minute you become aware of ‘better’ being possible, ‘good’ is no longer good enough.
The Bank of London hires new group CTO and group CISO, Phil Knight
Knight will oversee the firm’s technology, IT operations and information security.
Q&A with Griffin: “We’ve built a purpose-built bank just for fintechs”
FinTech Futures speaks with Griffin’s CCO Adam Moulson about the company’s growth.
The empathy deficit
As the cost of living continues to rise, what will banks do? What should they do?
Santander UK picks NCR to run its self-service ATM network
NCR will upgrade, connect and run Santander UK’s network of more than 1,700 ATMs.
UK challenger Tandem appoints new CFO and CRO to bolster its leadership team
David McCarthy has been named as the firm’s new CFO with Wahid Ali joining as CRO.
UBS partners iProov for automated customer biometric ID onboarding
With face verification tech, UBS key4 customers can onboard remotely in five minutes, iProov says.
HDFC Bank taps Flywire for digital educational payments experience
The integration will provide a fully digital checkout experience for Indian students to make transactions.
Banque Saudi Fransi digital head Grant Niven departs
Niven was responsible for developing and executing the bank’s company-wide “digital vision”.
Do banks really need a new core?
What are the main reasons or drivers for changing your core? I can think of a few.
FinTech Futures Jobs: Here’s why it’s important to understand and embrace neurodiversity at work
Check out the vacancies at these firms that support neurodiversity through awareness programmes and hiring processes.
Research paper: The payments processing opportunity for banks
Icon commissioned Celent to carry out research exploring the payment processing opportunities for banks.
Research: Tech blockers 2022 – cutting the costs of AML compliance
Opportunities and barriers on the road to wider adoption of effective AML screening technology.
SEB sets up new BaaS unit, SEB Embedded
With SEB Embedded, the firm is aiming to become a leading provider in the BaaS market.
All the light we do not see
Gaslighting is insidious. If you see it happening in your organisation, shine a light on it.
Tech leadership change at US Bank
Jeff von Gillern, US Bank’s vice chair of technology and operations services, will retire next year.
US banking sector launches digital asset settlement proof of concept
US banking heavyweights will explore the feasibility of a DLT-powered interoperable digital money platform.
Invest Bank in major tech overhaul with Temenos and NdcTech
Invest Bank is one of the first in the UAE to adopt a full SaaS model for digital and core banking systems.
Kuda launches in the UK with tell.money’s open banking compliance tech
Kuda says its UK launch “is the first step in its global expansion to serve overseas based Nigerians”.
BML Istisharat signs new core banking tech clients in Iraq and UAE
Two banks in Iraq and one in the UAE are implementing BML Istisharat’s ICBS core banking system.
ZDF launches new cloud-based core banking system
Minna Bank, Japan’s first digital bank, is the first user of the new core system developed by ZDF and Accenture.
Fintech Talents 2022: Where are we with open finance?
Speakers at the Fintech Talents Festival sat down to unpack the current state of play with open finance.
Myles O’Grady named new CEO at Bank of Ireland
O’Grady succeeds Gavin Kelly, who was appointed as interim CEO in September this year.
Egypt’s Banque Misr lands $160m from the African Development Bank to finance SMEs
The loan consists of a $130m credit facility and $30m from the Africa Growing Together Fund (AGTF).
