A radical logical conclusion
If you want to be rescued by the government, then you need to be operating as a public service utility.
BankingTech
Top news stories, resources and expert commentary for all things banking technology.
Barbados challenger Sagicor Bank launches on Mbanq’s BaaS platform
Through Mbanq, Sagicor Bank aims to offer customers “branchless” digital financial services.
Crypto and banking app Tap Global names Kriyakant Patel as new CEO
Patel joins from Transact Payments, where he has served as CEO for the last nine years.
NCR names new chairman and CEO-designates as company separation gathers pace
Joseph Reece joins as chairman of the board with Tim Oliver and David Wilkinson named CEO-designates.
SEC fines HSBC and Scotia Capital over recordkeeping failures
HSBC Securities and Scotia Capital have agreed to pay penalties of $15 million and $7.5 million respectively.
Join the elite panel of judges for Banking Tech Awards 2023
Apply to become a judge for the Banking Tech Awards 2023!
First National Bank of Oklahoma selects Teslar to streamline lending processes
The bank will utilise Teslar’s tech to automate its commercial, consumer and agricultural lending workflows.
Memo to self
Having choices is of no value whatsoever unless you make choices.
Webinar: How banks can strengthen security without compromising on performance
How cloud-native services can meet the performance and security demands of tomorrow.
Innovation through BaaS and embedded finance
FinTech Futures speaks with Temenos’ Kanika Hope about the impact of BaaS on financial services.
TD Bank nixes First Horizon merger citing regulatory approval delays
The merger has been mutually terminated and TD Bank has agreed to fork out $200m in cash to First Horizon.
Banking super-apps, marketplaces, ecosystems and platforms
You should always have a clear understanding of exactly what you’re building before you get started.
US digital banking platform Greenwood acquires neobank Kinly
The acquisition marks Greenwood’s third over the last year.
First Citizens Bank of Iowa and Minnesota moves to the cloud with Finastra
Finastra will migrate the bank’s Fusion Phoenix core solution from on-site hosting to the cloud.
How long is a week?
A week is exactly as long as your own goodwill towards your colleagues and theirs back to you.
Morgan Stanley reportedly set to cut 3,000 jobs by end of Q2
A dearth of deal making is to blame, Bloomberg reports, with a 32% decline in the bank’s merger advisory arm.
JP Morgan Chase snaps up troubled First Republic from FDIC in $10.6bn deal
JP Morgan has assumed all deposits – insured and uninsured – worth approximately $92 billion from the FDIC.
HSBC triples quarterly profits following SVB UK acquisition and interest rate hikes
The bank also intends to begin a new share buyback of up to $2 billion.
Banking Technology Magazine May 2023 issue out now
Cover story: EVERYTHING, EVERYWHERE… but is all at once the answer?
Demystify Podcast: Demystifying embedded banking with Paul Staples
Demystifying the approaches various banks, such as Standard Chartered, JP Morgan Chase & HSBC, are taking to BasS.
The dinosaur café – the impact of a toxic culture on digital transformation
A toxic culture can have a long (dinosaur) tail of hidden costs for any transformation.
Curate and compile: the future of AI-driven fintech experiences
A new generation of generative fintechs is coming, and finally, the banking sector will be truly transformed.
eBook: SME lending – the road to real-time approvals
Discover how rapid innovation, smarter decisioning and faster approvals can be yours.
eBook: Back to the future – 8 features of fast and future-proof BNPL technology
Discover the tools you need to get ahead and stay ahead as BNPL grows its market share.
Finalists announced for PayTech Awards 2023
We are delighted to share with you the shortlist for FinTech Futures’ PayTech Awards 2023.
When you take my sunshine away
The world is divided into radiators and drains. Don’t let the drains hollow you out.
Jack Henry signs three new US clients for its core banking tech
Michigan’s First Community Bank, Florida’s Sunrise Bank, and Arkansas’ Today’s Bank have selected Jack Henry’s tech.
JP Morgan taps Sharegain for digital securities lending solution
Sharegain’s SLTech solution allows investors to generate revenue through loaning out their financial assets.
Banking Tech Awards 2023: Nominations now open!
This year’s ceremony will be held on 30 November 2023 at the Royal Lancaster Hotel, London.
Intellect launches new open finance-based core banking platform, eMACH.ai
Intellect claims its new cloud-based platform is the largest of its kind in the world, offering 1,214 API connections.
BMO Financial Group names Darrel Hackett as new US CEO
Hackett was most recently president of BMO’s wealth management division in the US.
Santander taps DailyPay to offer on-demand pay services
Through DailyPay, Santander’s clients can provide employees with immediate access to pay as they earn it.
What’s the customer benefit of fintech?
For me, the level of funding going into a market is not a good measure of success.
19th century advice for 21st century problems
You don’t get a medal for deciding to transform your bank. If you get it right, you get to survive.
White paper: Solve hybrid work compliance challenges with Theta Lake and RingCentral
RingCentral and Theta Lake’s collaboration on hybrid work compliance enables firms to avoid “blind spots”.
White paper: Ensuring compliant communications in financial services
How unified communications platforms facilitate compliance, collaboration, and engagement.
eBook: Microsoft Teams and telephony – UCaaS providers for financial services firms
How to achieve the full benefits of Unified Communications-as-a-Service (UCaaS).
White paper: Five customer experience strategies for financial services contact centres
How to employ these five strategies in a contact centre to delight customers and keep them coming back.
Goldman Sachs mulls potential sale of BNPL fintech GreenSky
GreenSky was acquired by Goldman in 2021 for $2.24bn to furnish its Marcus banking app.
US Century Bank selects Pidgin for real-time payments
Pidgin’s CEO says the demand for real-time payments is growing “among consumers and businesses alike”.
