Connecticut’s Bankwell Bank names Brian Merritt as new CTO
The new CTO previously led US neobank Seed up until 2019.
Banking
News, intelligence and resources on the global fintech industry including all things banking.
Patriot National Bancorp raises $50m as CEO David Lowery steps down
The raise involves issuing common stock and non-voting preferred stock to investors.
FinTech Futures: Top five news stories of the week – 21 March 2025
Our pick of the top fintech news stories this week includes Klarna, Santander Bank, OakNorth and more.
NatWest becomes first UK bank to partner with OpenAI to accelerate AI transformation
NatWest’s digital assistant services are cited as “a key area of focus” for the collaboration.
Lloyds Banking Group expands cloud migration partnership with Oracle
Lloyds has selected Oracle Database@Azure and Oracle Exadata Cloud@Customer to accelerate its cloud migration.
The Cumberland Building Society taps TCS for core banking upgrade
The Cumberland becomes the latest UK firm to adopt TCS’s core banking solution, TCS Bancs.
Have high street banks lost their squeeze?
Banks should think carefully about edge cases and have simple solutions as backups for when things go wrong.
Accelerating innovation in financial services with AI
98% of financial institutions surveyed globally are actively taking steps toward technological change.
White paper: How AI is propelling innovation in financial services
This free white paper examines key AI use cases in financial services and explores the challenges of AI implementation.
Ham and eggs
Honesty and strategic intent about how we are measuring delivery against growth goals is key.
Verizon partners Santander Bank to launch digital savings accounts in the US
The savings accounts leverage Santander’s Openbank digital banking platform, which launched in the US last October.
Demystify Podcast: Demystifying quantum computing hardware with Yuval Boger of QuEra Computing
In this podcast episode, Dave Wallace chats with Yuval Boger, CCO at QuEra Computing.
Solutions that help protect your business and customers from fraud
Consumers are much more likely to answer calls if they trust who’s calling.
Vision Bank launches pilot following selection of Finastra’s Kondor tech
Through the new partnership, Vision Bank has launched the pilot phase of its banking operations.
Marygold & Co debuts mobile banking fintech app in UK
The new app incorporates features from partners Griffin Bank and Moneyhub.
NovoPayment names Rodrigo Rodas as CEO, Rama Ituarte returns as CTO
Ituarte returns to NovoPayment after nearly 18 months serving as CTO at Synchrony.
Red pen or black pen? Finding authentic dialogue in the age of AI
What happens when we can no longer confront our own limitations in the fragmented world that we live in?
What the FinTech? | S.6 Episode 4 | The future of banking – the rise of agentic AI in financial services
In this podcast, we sit down with Citi’s Ronit Ghose to discuss how agentic AI could revolutionise financial services.
Critical third parties: best practices for supplier resilience
The introduction of the CTP regime marks an important step in enhancing the resilience of the financial sector.
PayTech Awards 2025 entry deadline extended to 28 March
Don’t miss your chance to be crowned a winner – enter now before the final deadline!
FinTech Futures: Top five news stories of the week – 14 March 2025
Our pick of the top fintech news stories this week includes the PSR, Green Dot, Binance and more.
Victor Dodig to step down as CIBC CEO, capital markets head Harry Culham named as successor
Dodig started with CIBC in 2005 and assumed leadership of the bank in September 2014.
Banking accelerated
Technology horizon planning must evolve into a continuous approach that integrates innovations in real time.
Neobank start-up Zolve raises $251m in mix of debt and equity
The raise reportedly includes $51 million in equity and a $200 million credit warehouse.
Czech bank ČSOB selects nCino for commercial lending tech
Československá obchodní banka will deploy the nCino Commercial Lending solution.
Life happens on a Tuesday
Can your strategy be executed alongside everything that needs to happen on an average Tuesday?
Video: FinovateEurope 2025 – what’s hot in fintech?
At FinovateEurope 2025, FinTech Futures asked attendees what trends the industry should be keeping an eye on.
HSBC launches new e-commerce trade credit solutions with TreviPay
HSBC will use TreviPay’s order-to-cash technology to help businesses offer trade credit to buyers.
ClearBank promotes Mark Fairless to CEO as Charles McManus steps down
Fairless has served as ClearBank’s CFO and board member since January 2023.
Nationwide upgrades credit decisioning with FICO’s cloud platform
Nationwide now utilises FICO’s solution to process around 1.5 million credit decisions monthly.
Final call for nominations: PayTech Awards 2025 entry deadline closes this Friday
Don’t miss your chance to be part of it – submit your nominations before Friday 14 March!
Brazil’s Nubank partners OpenAI to enhance internal efficiency and customer experience
Through the partnership, Nubank has launched AI assistants, an internal search engine, call centre co-pilots, and more.
Green Dot engages Citi to “explore potential strategic alternatives”, CEO George Gresham departs
William Jacobs has been named interim CEO of Green Dot, while CRO Chris Ruppel assumes the role of president.
Valley National Bank bolsters leadership team with new CFO and president of commercial banking
Travis Lan has been named as CFO, while M&T’s Gino Martocci will head commercial banking.
Barclays reportedly nears deal to offload UK merchant acquiring business to Canada’s Brookfield
Sky News reported back in November that the two firms were in detailed discussions over a potential deal.
Switzerland’s J. Safra Sarasin to acquire majority stake in Saxo Bank for around €1.1bn
J. Safra Sarasin will purchase 70% of Saxo Bank, pending regulatory approval.
Former Visa data head Jeremy Penzer joins Zopa as chief analytics officer
Penzer’s 18-year financial services career includes leadership stints at Capital One and Visa.
Finovifi acquires Modern Banking Systems to expand core banking capabilities
The acquisition of MBS follows Finovifi’s split from ThreatAdvice in December.
FinTech Futures: Top five news stories of the week – 7 March 2025
Our pick of the top fintech news stories this week includes Alkami, Ramp, Deutsche Bank and more.
Barclays set to pay out millions in customer compensation after IT outage
Barclays estimates it may have to compensate customers between £5m and £7.5m for a recent IT outage.
