How open banking payments will help businesses keep up
With open banking, businesses have what they need to provide a frictionless checkout experience.
BankingTech
BankProv and Republic partner to offer escrow accounts to capital-hungry firms
BankProv CEO Dave Mansfield says working with Republic will “expand access to new investment opportunities”.
Blockchain, tokenisation and financial inclusion
The potential for Web3 to enable financial inclusion in populations is tremendous.
Digital banking tech provider Bankjoy signs up UMe Credit Union
UMe members will be able to access Bankjoy’s digital banking platform, including mobile and online banking.
Sally’s ponytail
If you mean well, do well. Let your actions speak to your motives.
North International Bank selects Temenos to modernise digital banking services
The Caribbean bank has gone live on Temenos Banking Cloud.
M&T Bank hires Ishet Dhar as chief digital officer
Dhar will lead the strategy, integration and development of M&T’s digital platforms.
Banks, broccoli and the peril of going out of date
Like broccoli, a bank can go out of date before anybody realises.
New legislative regulations are a cybersecurity game-changer for the FS industry
The SEC has proposed new cybersecurity regulations that will impact FS businesses.
Central Payments lands $30m, spins out from Central Bank of Kansas City
The bank will continue as an investor, issuer and strategic partner.
FinTech Futures: Top five stories of the week – 12 August 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Composing the future of banks
Flexibility, agility and innovation are core competencies that will keep banks competitive through the next decade.
BaaS start-up Unit partners Thread to offer embedded banking services
Unit says the collaboration with Thread will “empower more companies to offer unique banking solutions”.
Banking Tech Awards 2022 – nomination deadline extended
The deadline for nominations for the Banking Tech Awards 2022 is now Friday 19 August.
Great Southern Bank selects Fiserv for core banking upgrade
The bank will utilise DNA from Fiserv as its new core processing platform.
Timberland Bank taps Plinqit for financial wellness and savings tools
Customers can now access digital tools designed to improve financial literacy and establish saving habits.
The blurred line between ‘utility’ and ‘value’
You’ll always need a little more tech than you needed yesterday, but at least you don’t need to build it all.
Jack Henry snaps up Payrailz for undisclosed sum
The acquisition is expected to close on 31 August 2022.
Klarpay AG CEO on bridging the gap between online companies and transactional banking
Klarpay solves one of the biggest challenges faced by digital businesses – access to efficient transactional banking.
KeyBank taps BlueSnap to facilitate cross-border e-commerce payments
KeyBank says BlueSnap’s operating model will give clients the flexibility to process global payments.
CFPB investigating Goldman Sachs over credit card practices
Goldman Sachs says it is cooperating with the regulatory body.
Does a recession lead to more financial fraud?
A recession brings new challenges to FIs within a changing fraud landscape.
Valley National Bancorp invests $25m in fintech-focused VC The Garage
The Garage builds and invests in early-stage start-ups in fintech, artificial intelligence and cyber.
Embedded finance: navigating the challenges
There are a few challenges to be aware of before entering the world of embedded finance.
FinTech Futures: Top five stories of the week – 5 August 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
XR, banks and rewiring the system
Rewiring the economic system will be a challenge, but I think it’s supercritical.
Arvest Bank hires Ninish Ukkan as new CTO
At Arvest, Ukkan will support its digital transformation by leading the new core banking technology initiative.
Spare me your ‘good conversations’
A good conversation is one that leads to an outcome that isn’t an identical conversation.
Regulation and how financial services can stay compliant
Firms are looking to use hybrid, multi-cloud frameworks to manage ever-increasing amounts of data.
Digital business bank Grasshopper lands $30.4m funding
The fresh capital takes the bank’s total funding to date up to $160 million.
Treasure Financial and Grasshopper Bank team up to improve financial visibility for businesses
The new platform will allow businesses to optimise the rate they’re generating on their cash balances.
Movement Bank signs for NuPoint core banking tech from CSI
“The process of searching for a new core was rigorous,” says Movement Bank’s president.
MVB Bank live with real-time payments functionality
MVB Bank has become the first live user of the RTP Send functionality offered by Victor Technologies.
How can banks protect the new breed of fraud victims?
Advances in behavioural biometrics technology can help banks catch criminals before they strike.
FinTech Futures: Top five stories of the week – 29 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
New group CEO and comprehensive strategic review at Credit Suisse
Ulrich Körner replaces Thomas Gottstein, who is leaving Credit Suisse after 23 years.
Veritas Capital in talks with NCR Corporation over potential acquisition
According to The Wall Street Journal, a deal is far from certain and could be weeks in the making.
Low-code development platform Genesis lands $20m funding from BofA, BNY Mellon and Citi
The company secured $200 million in a Series C round led by Tiger Global earlier this year.
Composable banking beyond the core
Composable banking allows FIs to simplify a perennial tech challenge: systems integration.
Reliability is a superpower
The single most valuable thing you can be is reliable.
