ACS19: Bank execs need cybersecurity safe space
90% of breaches at firms are still attributed to employees clicking on phishing emails.
Middle East
FSB investigating the regulatory potential of stablecoins
Emerging scale could pose challenges, says FSB chair
Bank of China and IBM team up to launch series of innovation labs
Big Blue helps set up first lab Singapore, with seven more to come.
ISLA tells lenders how to avoid “unsustainable levels” of cost and risk
By standardising and automating, the industry will become “future-proof”.
Sibos 2019 Roundup
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Sibos 2019: Final wrap-up of talks, interviews and daily news
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Daily News at Sibos 2019: Day Four
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Challenger bank Pepper creates new app for young investors
The mobile-only challenger bank offers Israel’s first fractional shares trading app.
Digital Reasoning reveals $40m funding round and Standard Chartered partnership
Digital Reasoning uses AI to understand human communication
JP Morgan and Societe Generale invest in trader fintech Wematch
Wematch is changing the way voice-traded financial markets operate.
Behind the music: Tuning the noisiness of your KYC
Scanovate’s KYC Orchestra has been doing full tours in the EU, Latin America, Israel and the US.
The final extension for the 20th Banking Technology Awards
There’s one more chance to submit your entries!
Confirmations bring peace of mind to cross-border payments
Swift is working on a new universal confirmations initiative.
Tel-Aviv based Kovrr raises $5.5m
The new funding will accelerate the company’s global expansion plans.
Mastercard and R3 deliver blockchain cross-border payments solution
The partnership will focus on connecting global faster payments infrastructures.
Foloosi targets GCC expansion with $500k seed funding
The Dubai-based start-up offers cashless payment solutions.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
Carlsberg Bank – probably the best digital bank in the world
Banks need to identify new segments and go beyond banking
R3 partners with Wethaq to digitise Islamic capital markets
The platform will make Sukuk more accessible.
Is your fintech brand an awkward teenager?
From unpredictable growth spurts and occasional breakouts, to sleeping in.
Israeli government to fast-track fintech and blockcain licences
Around 2,000 fintech and blockchain companies are currently seeking licences.
Welsh Delio secures £3.3m equity round
Delio will expand into Asia, the Middle East and North America.
DSB reveals “significant appetite” for data quality and cybersecurity analysis
The DSB will create the new part-time role of Chief Information Security Officer.
US neobank Zenus gets licence
Zenus will allow anyone in the world to open an account.
Thomson Reuters launches global regtech competition
The contest seeks legal, tax and regulatory solutions.
Plug and Play welcome Abu Dhabi Commercial Bank
ADCB stands at a market capitalisation of AED 58 billion.
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
PayPal helps entrepreneurs with MetLife and Village Capital
The alliance will reach out to more than 100 fintech health entrepreneurs.
Mizrahi Tefahot selects Temenos’ T24 Transact for capital markets
T24 Transact will interface with trading systems and the bank’s core systems.
Big banks are driving fintech to the mainstream
And it’s happening faster than you think!
Microsoft and Publicis Sapient back world’s first fully digital trade bank
The UAE-based Anglo-Gulf Trade Bank aims to address global trade finance gap.
Middle East’s first licenced crypto exchange Rain is live
It also closed a seed round of $2.5 million.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
The Win 10 Rush: How financial institutions can beat the clock to upgrade their PCs
Kevin Flaherty, CEO at BLM Tech reveals the key to carrying off large-scale IT projects.
ADGM issues robo-advisor regulatory framework
Fairness, accountability and transparency are key principles.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Banque du Caire goes live with Temenos Infinity
The bank has also chosen the Temenos T24 Transact core banking solution.
Landmark Group and HSBC debut dual-platform blockchain deal
A major step forward in the Middle East’s retail industry adopting blockchain
National Bank of Pakistan turns to Autosoft for Bahrain operation
Autobanker Premium, the latest version of the supplier’s core banking system, will be at the heart of the project.
Swift calls for industry collaboration to improve FX efficiency
Greater automation and better use of standards would benefit the FX market.
