River Valley Community FCU becomes first in Arkansas to adopt POPi/o video banking
The credit union has more than 7,200 members.
Banking
Case study: ATB Brightside – shining a light on digital banking
All about the new challenger bank in Canada and its tech.
New APP scam protection code comes into force
Victims now more likely to get their money back.
Zero closes $20m Series A to serve 200,000-strong waitlist
Offers a combination of debit and credit card.
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Deutsche Bank’s suspicious transaction reporting hit by software glitch
The problem has prevented flagging for almost a decade.
The profound romance of plumbing and core banking infrastructure
What if, by treating the core capabilities as utilities we could totally change the game?
Allegacy FCU takes Fiserv core and other applications
The institution is understood to be replacing FIS’ old Miser system.
DevOps firm CloudBees gets capital injection from HSBC
HSBC uses CloudBees Core platform for its software delivery system.
TransferMate lands major deal with WellsFargo
The financial details haven’t been disclosed.
Money transfer app Pangea looking to offer checking accounts
More firms are looking to jump into the challenger bank world.
Video: fintech news weekly round-up – 20 May 2019
Fintech investments, and how Brits use fintech services!
TransUnion acquires TruSignal
Financial details remain undisclosed.
Major banks pledge $50m to develop digital cash settlement system
The names of the banks have not been disclosed.
ATMs decline for first time as cash demand falls
But ATMS are on the rise in developing markets.
BNP Paribas makes a Magic Leap to teleportation meetings
Meetings can be held via hologram in five locations.
OpenFin raises $17m for financial desktop innovation
This brings OpenFin’s total funding to $40m.
Banking on CX leadership?
Practical steps and examples of how to deliver differentiated, superior customer experiences.
Five banks fined €1bn for rigging foreign exchange market
UBS escaped a European Commission penalty after exposing the cartels.
White paper: Shapeshifting – a look at the evolving landscape of cross-border payments
Discussing consumerism, PSD2, managing risk and the power of digital ecosystem.
Q2 and ALTR leverage the blockchain to boost data security
The new technology, Q2 TrustView, powered by ALTR, adds to Q2’s approach to data management and protection by mitigating security breaches in real time.
Top fintech stories this week – 17 May 2019
SoftBank’s big investment, as well as BCR’s pool B… and more!
Zenus Bank launches aiming to serve global clients
The US bank holds an international license.
KOHO closes $42m for alternative fintech
Led by Portag3, who supported its Series A.
Appian World 2019: why banks need low-code tech
Revolutionising call centres, and harnessing AI to address challenges such as the demise of Libor.
Banking for humanity: a land of unsung heroes
Find your legacy. Find your own flavour of useful. Dust it off. And make it better.
The ID Co. lands $2m
Bringing its total funding to $11 million.
New regtech FrankieFinancial signs up Xinja and Novatti
Aims to solve $4 billion legacy systems overhead problem.
Santander Spain plans a large jobs cut
Around 10% of its total workforce in Spain.
Canadian CIBC launches platform for SMEs
It allows users to manage accounting and payroll insights.
ClickSwitch simplifies recurring payments with $13m funding
The Series B was led by Commerce Ventures and Point72 Ventures.
Nationwide, Investec and Co-op Bank share £80 million BCR grant pool
All three commit to modernise and improve business banking for SMEs.
ION Investment Group acquires majority stake in Acuris
BC Partners and Acuris management retain minority ownership.
Finastra’s Fusion LenderComm on blockchain signs up three new big banks
BNP Paribas, Natixis and Societe Generale join NatWest.
Business card management platform Pleo raises $56m
It follows last year’s $16m Series A.
Video: fintech news weekly round-up – 13 May 2019
This week, blockchain and crypto by big names like Facebook and Microsoft, among other news!
Two new next-gen banks to open in the US
Piermont Bank and Nexos National Bank.
Why retail banks should not be afraid of collaboration, even with tech giants
Collaboration for incumbents is the only way to catch up with the market and become truly consumer-centric.
New Medici Bank to harness technology to “reawaken” innovative spirit
A descendant of the Medici family sees future in Puerto Rico.
