Silicon Valley Bank looks to hire 80 people in UK office
The bank has hired 30 staff in the first half of the year.
Corporate & Commercial Banking
EU warns City of longer wait for market access post-Brexit
The delay is because of the bloc’s own regulations which are also in flux.
Federal Bank selects Fiserv FirstVision to support new credit card
The Indian bank needed a solution to power end-to-end issuance and processing.
ABN Amro to slash size of investment bank after losses
A €703 million impairment charge is behind the bank’s losses.
Metro Bank goes live on Sensibill after successful pilot
The launch is part of a wider technology drive on the bank’s mobile app.
Streamlining manual processes amid COVID-19
Find out how to digitise manual documentation processes with Foxit Software.
CIH Bank goes live on Finastra corporate banking solutions
The Moroccan bank wanted to boost the online availability of its services.
How can fintech rise to the new D&I challenge?
If they don’t believe they are part of the problem, nothing will really change.
Volante lands $35m, its first capital raise in two decades
The firm wants to turbocharge its offering, customer base and geographical presence.
Bank of Ireland fined €1.66m for regulatory breaches
The bank failed to report a security breach back in 2014.
Mastercard extends cross-border services in China with Bank of Shanghai
Businesses can use Mastercard to transfer to “any local bank” in China.
Applications for FCA’s sixth regulatory sandbox drop more than 30%
Last year, the sandbox recieved a record 99 applications.
Former Wirecard CEO Markus Braun arrested again
Jan Marsalek, the former COO, is wanted under an international arrest warrant.
Deutsche Bank snags Wirecard exec Kilian Thalhammer
Thalhammer will be joining Deutsche Bank in October to oversee its Merchant Solutions arm.
What the Fintech? Episode 9 | Open banking: entering the mainstream
Coconut CEO, Sam O’Connor, shares his insight on the Plaid and Finicity acquisitions.
China Bohai Bank plans IPO worth $1.7bn
Chinese commercial bank buoyed by good 2019 results.
Wells Fargo mulls job cuts amid loan losses
The major US bank is looking at a strategic overhaul.
RBC commits CAD 150 million to diversity push
It aims to increase the proportion of non-white executive hires to 30% from 20%.
Banking Technology July/August 2020 issue out now
Unlocking the benefits of open banking.
HSBC France to cut 38% of global banking and markets jobs
It’s seeking to cut 255 of 678 jobs by the end-2021 as part of a broader plan to reduce costs.
Report: A new decade of core banking transformation
A new FinTech Futures report examining the role of core banking in the industry today.
Monte dei Paschi explores merger plan with Banco BPM
World’s oldest bank looking to bulk up its resources.
Santander launches Mi Vuelta COVID-19 track and trace app
The Mi Vuelta COVID-19 track and trace app allows employees to report any symptoms.
65% of banks say legacy systems holding back Swift gpi adoption
Volante, HSBC and Deutsche Bank, share their insights on a recent webinar regarding Swift gpi.
Report: Five success factors for an ideal ISO 20022 migration
ISO 20022 represents an opportunity for banks to reinvent the way they operate.
BNY Mellon extends Azure partnership to boost ESG investment
The US bank has launched three new data and analytics tools.
Managing fintech security remotely: overcoming challenges with WFH setups
Let’s take a look at what IT staff can do during this time of crisis.
Data privacy versus data security: why is it so hard to have both?
Blockchain and other DLT secure data by making it immutable.
Liquidity risk COVID-19: big vs small data
Banks must be prepared to perform deep due diligence on their credit lines and loan books.
Bank of England apologises for role of former governors linked to slave trade
British taxpayers have been paying off slave owners from 1833 to 2015.
FCA permanently bans marketing of mini bonds
The FCA will extend it to other speculative investments that are hard to trade.
OCBC to hire 3,000 this year in full-time, traineeship positions
About 2,100 of the jobs are full-time roles across the bank’s entities.
Fintech start-up Synapse cuts 50% of full-time staff
It also signalled its intention to move more of its workforce to Texas.
Is Monzo’s 40% drop in valuation a sign of things to come for tech start-ups?
Investors in the company believe the drop is nothing more than a minor blip.
Banking Technology June 2020 issue out now
Real-time payments and fraud: balancing customer relationships and security.
Banking Tech Awards 2020 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
ComCard aims to challenge US corporate banking with rewards-based card
The Los Angeles-based challenger aims to “simplify” financial management.
Northern Trust to deploy BlackRock Aladdin in new partnership
Chicago-based corporate bank extends “long-standing relationship” with BlackRock.
UBS to set up fintech venture fund to speed up its digitisation
The bank will make investments between $10 million and $20 million.
BNP Paribas Polska implements new version of Comarch Corporate Banking system
A completely new ecosystem is set to go live in 2021.
