Banking Technology July/August 2020 issue out now
Unlocking the benefits of open banking.
Banking
Bankjoy signs up two new credit union customers
Bankjoy has announced nine new CU customers in 2020 so far.
Report: A new decade of core banking transformation
A new FinTech Futures report examining the role of core banking in the industry today.
Deutsche Bank faces $150m fine for Jeffrey Epstein ties
“The bank’s failure to recognise this risk constitutes a major compliance failure.”
JP Morgan drops “master” and “slave” from internal tech code and materials
Some Black tech developers have criticised this move as “performative activism”.
Sèvis Finansye Fonkoze upgrades core systems with Temenos and SG NewTech
The Haitian microfinance firm is upgrading its Temenos IBS system.
Square’s $55bn valuation reaches skies of major US banks
Square is $20 billion away from matching Goldman Sachs’ market valuation.
The pretence of invincibility
Everything we do in business is in pursuit of relevance.
LIBOR transition: everything you need to know
How NIIT Technologies is supporting businesses grappling with LIBOR transition.
Deutsche Bank signs Google Cloud strategic partnership
Deutsche picks Google after five-month negotiation period.
The Peoples Community Bank picks Finastra for new core system
Fusion Phoenix deployed at Wisconsin-based bank.
White paper: Three key trends driving financial services IT transformation
How financial institutions can become more customer-centric, leverage hybrid IT infrastructure, and avoid vendor lock-in.
Overcoming challenges on the road to open banking success
FinTech Futures speaks to Rajashekara V. Maiya at Infosys Finacle about open banking.
Introducing CRUX Digital Days – getting the crux of the tech matter
What’s shaping the financial services technology industry of today and what awaits it tomorrow?
ChannelMeter raises $4m for content creator banking service
The start-up is launching its new service ‘Creator Cash’ this month.
Video: Top fintech stories this week – 03 July 2020
FinTech Futures’ weekly news round-up.
Trio of fintechs sign up to Mastercard’s Open Banking Protect
Aion, DiPocket, and Modulr have signed up to Mastercard’s Open Banking Protect solution.
US challenger Point lands $10.5m for debit-credit hybrid
Rewards rest on a point-based system.
Living in a passive voice world
My frustration with organisations big and small “living in the passive voice” is not new.
65% of banks say legacy systems holding back Swift gpi adoption
Volante, HSBC and Deutsche Bank, share their insights on a recent webinar regarding Swift gpi.
Why every company will soon be a fintech company
Why companies that have nothing to do with finance will get into financial services.
US regulators relax Volcker Rule restrictions
Major US banks allowed to unlock wider range of investment options.
Report: Five success factors for an ideal ISO 20022 migration
ISO 20022 represents an opportunity for banks to reinvent the way they operate.
Uber presses pause on financial services play
Uber Money head Peter Hazlehurst is leaving the ride-hailing giant.
BNY Mellon extends Azure partnership to boost ESG investment
The US bank has launched three new data and analytics tools.
Adverse media screening: a key pillar of financial crimes compliance
Can we leverage AI to enhance the effectiveness and efficiency of adverse media screening?
FinTech Futures and Jobbio team up to launch FinTech Futures Jobs
Launching an exciting new jobs board for the global fintech community.
Video: Top fintech stories this week – 26 June 2020
FinTech Futures’ weekly news round-up.
White paper: The biggest threat to the financial services industry is BigTech
A guide to navigating technology challenges while avoiding common, costly pitfalls.
“Operational efficiency” report ranks US commercial banks
Charles Schwab Premier Bank and Bank of America California scored highly.
Mastercard set to acquire Finicity for $825m
This follows a similar acquisition of Plaid by rival Visa in January.
Credit Sesame’s banking service uses i2c payments platform
More than 200,000 users have opened a Sesame Cash account.
Liquidity risk COVID-19: big vs small data
Banks must be prepared to perform deep due diligence on their credit lines and loan books.
Cloud banking provider nCino files for IPO in US
nCino plans to raise $100 million in its IPO.
Bank of England apologises for role of former governors linked to slave trade
British taxpayers have been paying off slave owners from 1833 to 2015.
Lucy Hagues steps in as Capital One UK CEO
Hagues takes over from Amy Lenander, who heads stateside.
Mambu inks partnership with Google Cloud
Technology firm will host its platform on Google infrastructure.
MayStreet secures $21m Series A investment
The investment will be used to accelerate MayStreet’s product development and expansion.
Payfone identity verification firm lands $100m
The firm uses mobile data to create a “trust score”.
Designing the digital services that US SMBs deserve
They’re also intrinsically linked to the powerful notions of freedom and the American Dream.
