FCA to permanently launch Digital Sandbox next month
The Digital Sandbox has previously only been available to developers via pilots and TechSprints.
Data & Analytics
Q&A: David Morris, CCO of Yorkshire Building Society – automation, digitalisation & service
David Morris discusses automation, its impact on customer service and the changing nature of branch-based banking.
FinTech Futures: Top five stories of the week – 21 July 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FinTech Futures Jobs: The future of blockchain and the path to mass adoption
Explore thousands of open roles on the FinTech Futures Job Board today.
Mexico’s CNBV reportedly facing legal action over delays publishing open finance rules
The complaint was filed by a Mexican citizen in June, according to El Economista.
UK climate fintech Sylvera secures $57m Series B funding
The latest investment follows Sylvera’s $32 million Series A round held in January 2022.
Cognaize lands $18m Series A to fuel AI-powered document processing for financial services
The start-up will use the funds to accelerate its research and product development and boost its marketing activity.
US fintech Earnest partners Nova Credit to make international student loans more accessible
The partnership seeks to provide better financing opportunities to foreign-born students in the US.
Banking transformation begins and ends with the customer
Incumbent banks need to adapt and evolve to ensure they’re meeting shifting customer needs.
Huawei launches F2F2X data infrastructure architecture to help FSI build and manage modern data centres
F2F2X (Flash-to-Flash-to-Anything) was unveiled at the recent Huawei Intelligent Finance Summit.
Nav announces second acquisition of the year with start-up Tillful
In addition to the asset acquisition, many of Tillful’s employees will be joining Nav in senior roles.
FusionIQ integrates with wealth management platform Blueleaf
The integration seeks to provide wealth managers with the tools needed to boost their digital transformation.
Spend management platform EnKash launches Olympus solution for businesses
The solution targets MMEs that lack experience and accessibility of financial and non-financial products.
Banking Tech Awards USA 2023 winner: Fincom – 90% cost reduction in AML sanctions screening
Fincom’s AML Sanctions Screening solution won the AML & Compliance Tech of the Future at the awards.
FinTech Futures Jobs: Is the era of “move fast and break things” over?
Explore thousands of open roles on the FinTech Futures Job Board today.
AI-driven financial services must also champion fraud prevention, FCA warns
Cybersecurity must develop in tandem with AI, the regulator’s chief executive said this week.
Convera taps Temenos to modernise payments infrastructure
Convera will deploy Temenos’ Payments Hub solution running in the Temenos Cloud to replace its legacy systems.
What the FinTech? | S.4 Episode 11 | Blockchain and the future of corporate actions processing
In the latest episode of the podcast, we’re joined by Whikie Liu, Strategy Director, Capital Markets at Swift.
US fintech start-up MerQube lands $22m Series B funding
The round was led by Intel Capital, with participation from new investor Allianz Life Ventures, and existing investors.
US accounting fintech Jirav raises $20m Series B funding
With the funds, Jirav plans to fuel product development, expand its customer base and attract new talent.
Rimes supports digital transformation of Jana with Matrix solution
Jana has gone live with the solution in an effort to streamline and automate its operational processes.
UniCredit enters next phase of transformation with leadership restructuring
The appointments signal a shift into the next phase of UniCredit’s development.
Britcoin privacy preserved as Bank of England taps Nuggets for identity layer
The layer will maintain user privacy and offer protection from fraudulent activity and money laundering.
Nine UK banks tap Mastercard for new AI-powered fraud risk solution
Lloyds Bank, NatWest, Monzo and TSB are some of the UK banks partnering with Mastercard for its latest offering.
Indonesia’s Allo Bank taps Tencent Cloud to enhance digital banking services
Tencent Cloud will deploy its database management system TDSQL, to help the bank manage data efficiently.
Corlytics snaps up Clausematch in latest regtech acquisition
The deal marks Corlytics’ second acquisition of the year after buying ING SparQ in January 2023.
Melton Building Society taps Finastra for digital transformation
This is the third building society client deploying Finastra’s Essence solution.
Fintech data integration challenges and effective strategies
An effective data integration strategy can help financial institutions improve their operational efficiency.
BBVA to hire over 2,600 technology experts in 2023
Of the amount foreseen for 2023, the bank says 1,200 professionals have already joined this year.
FinTech Futures Jobs: Is your office culture blameless, or blame-filled?
Explore thousands of open roles on the FinTech Futures Job Board today.
The “bank of me”
For me, enhancing the customer lifecycle is the most exciting and impactful use of AI.
Sardine forms industry consortium to help tackle payment fraud
Founding members include Chesapeake Bank, Visa, Airbase, Blockchain.com, Alloy Labs Alliance, iLex, and Novo.
JP Morgan Chase appoints new chief data and analytics officer
Heitsenrether will be responsible for leading the adoption of AI across the bank’s operations.
An open approach to open banking
To grow open banking worldwide, governments and industries must have an open, collaborative attitude.
ICYMI fintech funding round-up: Mypinpad, Navadhan, TransBnk & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures Jobs: How to demonstrate transferable skills in a tech job interview
Explore thousands of open roles on the FinTech Futures Job Board today.
Video: SmartStream at Money20/20 Europe – Streamlining data reconciliation with AI
SmartStream’s Jethro MacDonald discusses how SmartStream Air turns messy data into usable data.
The power of AI for ESG
AI is a powerful tool that can be used to improve ESG practices and compliance.
Video: Loqate at FinovateSpring 2023 – Powering global address verification
Loqate’s Justin Duling discusses how the firm’s address verification solution helps customers boost conversion rates.
ClearScore launches in New Zealand
ClearScore says it will be adding new financial partners in New Zealand over the coming months.
