US-based Central Bank taps TCS for core banking upgrade
The Missouri-headquartered bank will deploy the vendor’s flagship TCS Bancs core banking system.
BankingTech
Video: ABN Amro at FinovateEurope 2024 – Keeping up with technological change
Edwin van Bommel of ABN Amro discusses the key areas banks should be targeting with their transformation projects.
Copper State Credit Union selects Jack Henry as new enterprise technology provider
The Arizona-based credit union is consolidating its tech infrastructure under one platform.
Nationwide partners Signly to offer British Sign Language website translation service for deaf customers
Nationwide’s BSL website content is to be provided “in the form of pre-recorded signed videos”.
Cloud banking tech provider nCino acquires DocFox to streamline account opening
DocFox provides account opening software built to help simplify the customer onboarding process.
Country Builders Bank in the Philippines selects Kiya.ai for banking tech upgrade
CBB hopes the partnership will help boost its operational efficiency and growth.
Video: ING at FinovateEurope 2024 – Digital transformation trends
Marco Eijsackers of ING discusses the key digital transformation trends across financial services.
Regional Federal Credit Union partners Sharetec for core processing
Sharetec’s Velocity solution will be deployed to replace the credit union’s existing in-house core system.
SaaScada selected to power payment products for UK EMI The Payment Firm
The EMI will initially leverage its partner’s core banking engine to launch virtual IBAN-linked accounts.
JP Morgan Chase hit with $348m in fines related to its trade surveillance programme
The fines were issued by the the Office of the Comptroller of the Currency and the US Federal Reserve.
The evolving relationship between supermarkets and banking and the key role of fintechs
Supermarkets across the globe continue to embrace fintech partnerships to power their financial services.
Lloyds Banking Group partners ApTap for bill management tool
The tool will be integrated into Home Wise by Lloyds Bank and HelloHome by Halifax.
State Bank of India taps Aurionpro for iCashpro+ solution
The solution will replace SBI’s current CMP platform and will be implemented over the next 12 months.
Is talking to our money the next user experience paradigm?
We need a way of literally talking to our money to help us build a proper relationship with it.
eBook: Beyond the basics – a C-suite checklist for banking security strategy
Explore expert strategies to secure banking apps and get a detailed checklist for bolstering security measures.
Mastercard pilots new Smart Subscriptions feature in the US powered by open banking
Smart Subscriptions enables consumers to cancel, pause and resume their subscription-based payments.
The art of not dying
Maintaining your tech estate is not an exercise in bravery, but rather an exercise in risk management.
Nationwide Building Society selects Auriga to modernise ATM software infrastructure
Nationwide currently operates a 1,200-strong ATM network across the UK.
Bank Muamalat signs multi-year partnership with Google Cloud to boost digital transformation
The bank has tapped Google for solutions in cybersecurity, data, marketing and AI, among other areas.
Metrobank in the Philippines taps Temenos for its wealth management tech
The Temenos Wealth solution will be implemented by the vendor’s regional partner CBTW.
Starling Bank names Ovo chief Raman Bhatia as new group CEO
Raman Bhatia will assume the position “in early summer”, subject to regulatory approval.
Jefferson Bank in Texas taps Finastra for Payments To Go solution
Finastra’s tech will enable the bank to deliver instant payment services including FedNow and RTP.
Rabobank partners French fintech Dejamobile for merchant SoftPOS solution
The partnership will enable the bank’s merchant clients to accept payments on their mobile phones.
Bank of Singapore hires former Credit Suisse exec as Greater China COO
Ronnie Cheung will lead operations and governance for the private bank’s Hong Kong branch.
“What are we getting for our tech spending?”
Research has shown there is no industry-level correlation between spending on tech and growth.
US neobank Oxygen switches focus from banking to health in new strategy
Consumers and business users have been informed that their accounts will be closed on 29 March.
Griffin receives full UK banking licence and $24m investment to spur growth
The licence approval from the FCA and PRA ends the platform’s year-long mobilisation period.
US Federal Reserve “nowhere near recommending, let alone adopting” a CBDC, chairman tells Congress
Fed chairman Jerome Powell tells Congress that “people don’t need to worry”.
Going for gold: when fintech meets the Olympics
With the Paris Olympics on the horizon, we take a look at the relationship between the event and fintech.
US digital bank Green Dot hires Melissa Douros as new CPO
The new CPO will head product design and team development for the Texas-based fintech.
CFPB to cap credit card late fees at $8 and increase accountability among issuers
The new limit is poised to save US consumers more than $14 billion a year.
Forget the accolades and the pleasantries and pay us
For this International Women’s Day, and for all the days that follow, my message is simple: pay us.
From start-up to unicorn – the rise of Revolut
Vytautas Danta, CCO and deputy CEO of Revolut’s European entity, discusses the fintech’s remarkable rise.
Finastra appoints Mike Stawchansky as new senior VP and CTIO
Stawchansky will be responsible for guiding the firm’s customer technology and GenAI development plans.
New York Community Bancorp secures $1bn equity boost following Q4 2023 losses
NYCB has also made several high-profile appointments to its board of directors.
Société Générale deploys iGTB’s Corporate Treasury eXchange solution
The French bank plans to leverage CTX’s real-time liquidity management capabilities.
Nationwide Building Society set for £2.9bn takeover of Virgin Money
The deal has yet to be finalised and Nationwide has until 4 April to put a final offer forward.
US neobank Dave achieves profitability over Q4 2023
In Q4 2023, the LA-based neobank generated a GAAP net income of $200,000 and EBITDA of $10 million.
Egypt’s Alexbank partners Mastercard to advance payments strategy
The partnership will focus on expanding Alexbank’s acquiring business and credit card base.
Crabs and KPIs
The majority of organisations fail because they allow folks to see what other teams do as ‘not my problem’.
