Banking’s biggest core go-lives in 2019
Always exciting, sometimes terrifying, here are the biggest ‘go-lives’ in core banking 2019.
North America
Signing up to the future
A legal evangelist explains why she expects the future of contracts to be autonomous.
2019’s top core banking deals
The core deals which made waves this year, summarised just for you.
Video: Top fintech stories this week – 20 December 2019
FinTech Future’s weekly news round-up.
How the Grinch stole my identity: Three tips for fraud prevention this Christmas
As many as 8% of US consumers are affected by identity fraud at Christmas time.
Metro Bank’s founding chairman Vernon Hill steps down as non-exec director
Hill steps down from the position ahead of the 31 December 2019 date.
Three trends to watch in 2020
Red Hat dissects how 2020 will be a chance for banks to catch on to innovation.
PayPal sues US regulator over its “misleading” digital wallet rules
PayPal wants the Consumer Financial Protection Bureau (CFPB) to change its rules.
EQ Bank signs international payments deal with TransferWise
EQ Bank has integrated TransferWise’s API directly into their infrastructure.
Banco Santander commits to carbon neutrality and renewable energy “where possible”
The bank says it has already cut its emissions by 27% since 2011.
Robinhood does fractional shares, users can invest just 1 cent
An Amazon stock, which would cost $1,700, suddenly becomes as cheap as $1.
Mexico’s neobank Albo raises $26.4m Series A total
The round was led by Valar Ventures, PayPal founder Peter Thiel’s fund.
CULedger completes blockchain identity pilot with three US credit unions
MyCUID has been implemented in the call centres of the credit unions.
Video: Top fintech stories this week – 13 December 2019
FinTech Future’s weekly news round-up.
Time is now: US investors seek fintech opportunities abroad
Fintech investors are looking outside of the US for greater returns.
Mexican neobank Flink gains seed funding from Spanish firm Latina
The Spanish technology company sees a bright future in Flink.
Mexican challenger Fondeadora nabs $2.5m in funding
Neobank seeks to reach underbanked with smartphones.
JP Morgan embroiled in yet another racism scandal
The New York Times obtained two recordings highlighting racial discrimination in the bank.
Apple Card fees pinch retailers’ profits this Christmas
Supermarkets are taking a stand against the fees.
Banking Technology December 2019 / January 2020 issue out now
A year in review.
Mastercard and Doconomy bring carbon tracking to Bank of the West and Nordea
The news was unveiled at Madrid’s UN Climate Change Conference COP25.
Freetrade brings first native full stack solution to UK
The exec team come from Snapchat, Google and KPMG.
Montréal’s FlexPay raises $6m in seed round
The fintech says 24% of recurring credit card transactions are falsely declined.
Morgan Stanley plans 1,500 job cuts
US bank wants to protect itself from economic headwinds.
Cboe Global Markets agrees to acquire EuroCCP
The deal is expected to close in the first half of 2020.
UK remittance fintech Paysend secures Canadian MSB licence
The paytech says its card-to-card service is now used by more than 1.2 million customers.
FDIC seeks comment on rulemaking process
US agency looking to get feedback on its regulatory actions.
Findexable report: London bests other European fintech hubs despite Brexit
San Francisco secured the top spot – up from eleventh place last year.
Canadian credit unions launch Interac Debit on Google Pay
Google Pay integration with Interac Debit allows users to pay with their phones.
AvidXchange launches $300m private fundraising round which could reach $2bn valuation
Previous investors have included Mastercard and PayPal co-founder Peter Thiel.
Start-up Saga launches stabilised SGA token with major bank and exchange advisors
JP Morgan Chase’s chairman and former deputy attorney-general of Israel are on the board.
The 20th Banking Technology Awards winners have been announced
It was a brilliant celebration of excellence and innovation in the banking industry.
BNY Mellon connects custody capabilities with SimCorp to improve data transparency
BNY Mellon and SimCorp expect mutual global clients out of the partnership
Video: AEVI at Money20/20 USA – the ultimate merchant experience
How to get the most out of the “business in a box” proposition that smart POS brings.
US challenger Unifimoney launched by former Samsung Pay exec
The new bank is aiming for a 2020 launch.
JP Morgan Chase partners with Envestnet Yodlee giving customers more visibility on their data
All customer data will now funnel through the bank’s “secure API”.
Video: Top fintech stories this week – 06 December 2019
FinTech Future’s weekly news round-up.
US neobank Chime quadruples valuation to $5.8b, raises $500m Series E
Chime soars ahead of Brazilian challenger NuBank’s $400 million record fundraise.
Finra selects Amazon Web Services to power CAT processing
The regulator has selected a bevy of Amazon solutions.
CWB Financial Group selects Temenos Infinity for front office ops
The Canadian firm also deploys Temenos T24 in the core.
