JP Morgan Chase to pay additional $100m penalty to US regulator over trade surveillance data gaps
The bank was previously hit with a $348 million fine from the OCC and FRB in March.
News, intelligence and resources on the global fintech industry including topics such as corporate & commercial banking.
The bank was previously hit with a $348 million fine from the OCC and FRB in March.
Nominations for the Banking Tech Awards 2024 are now officially open to companies worldwide!
Learn how to harness digital-first, on-demand banking to increase bottom lines.
SBI – the largest bank in India – is to utilise the HCLTech subsidiary’s HCL Unica platform.
The new offering will also include deposit accounts and automation tools for bill payments.
The bank’s new digital capabilities are being powered by the open finance platform eMACH.ai.
The US-based bank has partnered with Backbase and banking and payments fintech Finzly.
The bank is to adopt the vendor’s LoanVantage solution and Banno Digital Platform.
Puro Finance is expected to operate as a subsidiary of the bank upon closure of the deal in May.
The JV will absorb Credit Suisse’s Japanese advisor base and wealth management assets.
The bank is delivering the cards using Corserv’s account issuer programme.
Zand’s CEO claims the move will enable “seamless deployment of digital assets, AI, and blockchain technologies.”
Cosmic was co-developed by MAS and six banks – Citibank, DBS, HSBC, OCBC, UOB, and Standard Chartered.
The bank has tapped its partner’s IDEX Pay solution to install fingerprint sensors into its physical card offering.
Bhatia counts the likes of Stripe, PayPal and Capital One among her previous employers.
DealStreetAsia reports that Ant Group has now invested over $500 million in total in Anext Bank.
Schmidt will be responsible for leading Tide’s recently announced expansion into the German market.
Kennedy has previously held leadership positions at Lloyds, Barclays, Shawbrook Bank and Masthaven Bank.
Over £1bn of investment has been facilitated to businesses since the launch of the first NPIF in 2017.
Winners of this year’s awards will be announced at a gala dinner ceremony in New York on 30 May.
Concepts concerning the safety and efficiency of payments proved central to the conference’s agenda.
DocFox provides account opening software built to help simplify the customer onboarding process.
The fines were issued by the the Office of the Comptroller of the Currency and the US Federal Reserve.
With the deal, Anna Money says it plans to introduce a “smart business current account and debit card”.
The solution will replace SBI’s current CMP platform and will be implemented over the next 12 months.
The acquisition will enable Paris-based Qonto to expand its offering to accounting firms.
The French bank plans to leverage CTX’s real-time liquidity management capabilities.
The approval comes less than three years after the bank was first awarded a restricted banking licence.
Utrecht-based PSP Buckaroo will assume management of the bank’s debit card acquiring contracts.
Raghavan is due to take charge of the group’s investment, corporate and commercial banking unit.
Crédit Agricole CIB hopes the platform will appease “the increasing demand for supply chain finance” in APAC.
Learn how Italy’s major banking group Credem migrated all its clients to the ASEE Security Cloud.
The bank has signed an eight-year agreement with the vendor for SimCorp Dimension.
The transaction brings together two of the largest card issuers in the US.
Cheng first joined Citi back in 1993, and has since risen through the ranks of its corporate banking division.
The platform will enable Nigerian businesses to access loans and AI-powered transactional insights.
The Amsterdam-based start-up has now raised over €100 million to date.
Dionne first joined the bank eight years ago and has spent the last six years as its CFO.
The job openings are within HSBC’s digital business services unit and ventures, innovation and partnerships team.
You now have until Friday 23 February to get your nominations in.