FinTech Futures: Top five stories of the week – 3 March 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Intesa Sanpaolo will utilise the IBM z16 platform to bolster its cybersecurity operations.
Arvest claims it is the first US bank to offer lending capabilities on Thought Machine’s core.
The €180m deal forms part of a broader multi-year partnership in the merchant acquiring space.
Thought Machine’s Vault system will underpin Intesa Sanpaolo’s new digital banking service, Isybank.
The new digital bank will cater to the 4 million Intesa Sanpaolo customers already utilising digital-first services.
Despite COVID-19, the financial sector has still enjoyed some notable M&A deals.
The verdict next month will reveal if the acquisition can go ahead.
UBI Banca is Italy’s fifth largest bank.
The fintech will expand its operations in Europe, Japan and the US.
Italian bank aims to reduce false positives with new software
The project took nine months to complete.
The firm just closed its Series A and is looking abroad.
Italian bank gets help with receivables financing.
Firm looking for core banking and digital action in Italy’s financial sector.
The card is provided by Gemalto through the bank, with technology from Zwipe.
Italian bank also takes stake in the automated savings platform.
The new system installed on a Business-Process-as-a-Service (BPaaS) basis.
The investment bank has consolidated all front office trading activities on a single platform – MX.3 from Murex.
SME lender iwoca and Italy’s Intesa Sanpaolo are partnering to provide Intesa’s SME clients with credit products. The partnership coincides with an investment in iwoca by Neva Finventures, Intesa Sanpaolo’s fintech venture capital arm. Maurizio Montagnese, chief innovation officer at Intesa Sanpaolo, adds that the “industrial synergies” between the firms “could be significant in the […]
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Italy’s largest retail bank, Intesa Sanpaolo, and EBA Clearing have successfully completed their first user testing activities on Dovetail’s solution for EBA’s pan-European real-time payment platform. Among the institutions funding the new EBA infrastructure, Intesa Sanpaolo is the first one to connect to the test system. The new infrastructure will provide a real-time payment processing […]
Italy’s largest retail bank, Intesa Sanpaolo, is working with Gemalto to deliver PIN codes to customers via SMS, web and mobile banking app. Gemalto describes the project as “the world’s first comprehensive e-PIN notification service”.
Post-trade services institutions Clearstream, BNP Paribas Securities Services, Intesa Sanpaolo and BBVA have formed a tie-up in Europe, which they say is aimed at better asset servicing n Belgium, France, the Netherlands, Italy and Spain under the ECB’s forthcoming T2S project.