BCBS: Bank supervisors must pay greater attention to APIs and open banking risks
Open banking comes with benefits to banks but also various challenges.
Open banking comes with benefits to banks but also various challenges.
Scott Powell will be the bank’s new chief operating officer.
Raisin is the first – and currently the only – company to offer Credorax’s retail deposits.
The firm is moving closer to a centralised, cloud-based platform.
The over-arching goal: invest in 1,000 diverse founders over the next 20 years.
The card will be UK’s first multi-brand digital gift card.
TS Anil will join the digital bank early next year.
The ATMs will use contactless technology and QR codes.
The capital offering sits between debt and equity financing.
The round was led by Drive Capital and National Bank of Canada’s VC arm, NAventures.
The funding round was led by seed and growth investor Global Founders Capital.
Merchant fees on card payments in Australia came to AUS $4.3 billion last year.
5.51 million open banking accounts have now been registered.
Swedish banking and payment firm puts AWS at the centre of new strategy.
The firm will cover fees and get a future share of students’ future incomes.
Voyager Alliance, East London and RetailCURe moved to the new platform.
BankBi will use CMFG Ventures’ US credit union connections.
The firm will use this new capital to increase its scale.
There is strict criteria to join the private banking community.
Dubai-based bank has been on a technology tear of late.
The banks failed to message users going into their overdrafts.
Westpac has been using IBM’s infrastructure since the 1990s.
Turkey seems to be establishing a national credit rating agency.
FinTech Future’s weekly news round-up.
Some customers said they couldn’t get cash out of ATMs either.
The start-up uses AI to simplify bookkeeping for small businesses.
The two countries build on a previous deal inked in 2007.
New venture fund wants to empower fresh innovation.
The Russian bank will challenge Yandex which currently has the monopoly.
International regulator investigates banks’ alleged failings.
She will unpick new regulatory changes for the council and its members.
Implementation partner Profinch to ensure deployment.
The UK start-up still insists it will reach 4 million customers by 2020.
The start-up is calling the withdrawal “voluntary”.
Labour could grab six seats and the Conservatives could grab five.
The bank failed to record calls for three weeks.
AAX set to become first crypto exchange on the program.
Fibank customers will be able to move all accounts to My Fibank app.
The bank has launched its new Digital Vault platform.
The start-up offers future buyers a capital contribution – not a loan.