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BankingTech

ICYMI funding round-up: Okra, Yatta, Graviti & more

We round up another selection of deals you may have missed.

Uzbekistan’s Trustbank plans Islamic banking first with ICSFS

The bank claims to be the first in Uzbekistan to offer new Islamic services.

Thought Machine takes Steele from AWS for US leadership role

After a decade at AWS, Brad Steele has joined Thought Machine as US general manager.

Kuwait International Bank announces Mobiquity as digital transformation partner

Mobiquity will provide strategy, design and engineering services for digital banking.

European Payments Council starts Malware Information Sharing Platform search

The EPC has launched an RFP for a Malware Information Sharing Platform.

TSB COO: It’s easy to throw the rock at us and say ‘this guy crashed in 2018’

“Compare this company to the market,” says TSB’s COO.

Digitising trade finance: the next frontier for financial services innovation

The next breakthrough in trade finance is automation driven by data interchange through APIs along with other technologies.

Miami neobank Fortú launches with Galileo Financial Technologies

Fortú plans to focus on Latinx communities and their unique needs.

PBCOM goes live on cloud-based Temenos core banking system

Philippine bank first signed for Temenps back in 2012.

Liberty Bank signs digital banking deal with Alkami Technology

Connecticut-based bank seeks to revamp its services with Texan vendor.

What I learned from a chatbot about the future of digital banking

We ought to abstract tech away from the schema and focus solely on people.

Video: pick of the week – new payments system in Singapore, Bank of Ireland tech hires

A top pick of stories from the world of finance and tech in bitesize video format, weekly.

Report: AI – the future of content management in financial services

Our latest deep-dive report focuses on the potentially revolutionary role of AI in banking content management.

Bank of America CTO: Cyberattacks on banks “surged” during pandemic

Cyberattacks have surged “dramatically”, says BoA exec.

ClearBank appoints Tom Harris as new CTO

UK clearing bank promoted from within to fill technology role.

Ohpen offloads Davinci Consulting to Yellowtail Conclusion

Core banking vendor streamlines newly-acquired Davinci Group.

Joseph Edwin Nordea

Nordea core banking chief Joseph Edwin leaves after six years

Joseph Edwin steps away from Nordic giant after many years leading major change.

Au Jibun Bank investment app: changing hearts and minds

Au Jibun Bank aims to become the lifelong partner for every customer.

Bank of Ireland COO: “Inside every bank there’s a tech company”

“We’ve reached a tipping point,” says COO.

Virgin Money picks Trade Ledger for business banking boost

UK bank lays groundwork for new business products in 2021.

Fintech funding deals globally 26 April – 2 May 2021

Featuring Brex, Paxos, Vena, Greenlight, and Current.

An era of digital trade

Technology creates opportunities to transform existing processes across global supply chains.

Stop running out of cash

With the right approach and clever outsourcing, cash management becomes a success for FIs.

Video: Top fintech stories this week – 30 April 2021

The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.

JP Morgan, DBS Bank and Temasek to form new payments platform

The platform will start by facilitating flows between Singapore-based banks.

Meet Jake: Gen Z crypto enthusiast

Gen Z is already forming an opinion about banks that is not favourable. Have the banks lost the battle for Gen Z?

Hampshire Trust Bank

Hampshire Trust Bank picks DPR platform to outfit origination

HTB is replacing a long-standing legacy system with the cloud-based DPR solution.

Aman Thind

State Street hires Aman Thind as new global chief architect

Aman Thind will drive the US bank’s technology transformation.

Nymbus lands $20m from Vystar Credit Union for new CUSO

Core banking vendor’s new project wastes no time in landing funding.

Video: fintech news pick of the week – HSBC, 11Onze, UK fintech funding & more

A top pick of stories from the world of finance and tech in video format, weekly.

Spoil the magic: machine learning in fintech

Nothing in your business should be magic, it’s just nice if it looks like magic to outsiders. We’re talking about machines here.

National Commercial Bank migrates payments processing to TranzAxis

Vietnamese bank switches card operations to the Compass Plus system from legacy in-house tech.

The edge: the bridge between banks and their customers

Banking is predicted to see the biggest impact of edge computing.

Clearing start-up Embedded Financial attracts $20m in seed funding

The new firm aims to take a modern approach to clearing.

Mizrahi-Tehafot Bank picks up Finastra payments solution

Israel-based bank extends partnership with Finastra.

Mantl closes $40m Series B funding round

The account-opening fintech aims to continue its rapid growth.

11Onze launches Facebook-style private social network

Customers can also access over 200 informational videos via 11Onze TV.

HSBC launches first multi-asset index driven by AI and big data

AiMAX uses new and historical data to identify assets poised for growth.

Locality Bank picks Nymbus to power new digital-first community bank

The neobank in Florida is launched in response to the “rallying cries” of small businesses.

Fi partners with Federal Bank to launch neobank for millennials

Features include a flexible deposit product and rewards for saving money.

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