Temenos acquires Kony for $559m
The transaction is due to be completed by early Q4 2019.
Corporate & Commercial Banking
PNC becomes first US bank on RippleNet
The bank joined the blockchain payments platform in September 2018.
ICBA invests in Teslar Software for community banks
The undisclosed investment brings Teslar’s seed capital to $2 million.
Doing smarter, cleaner business: The analytics potential of trade data
Banks’ data-rich future should not begin and end with trade flows.
Wild West to crypto best: How compliance separates cowboys from champions
Major players will be forced into closer collaboration with regulators.
How regulations are bringing banks and fintechs together
There are plenty of benefits for both.
Desjardins spends CAD 70m related to data breach
It’s offered the affected accounts a credit monitoring plan and identity theft insurance.
Reshaping the banking experience
It’s time to stop looking at digital as the only key to client satisfaction.
Turn to commercial banks for treasury management innovation
Commercial banks are taking up a starring role.
Monarch creates first recurring crypto payments system
The solution will enable the likes of Netflix and Hulu to accept crypto.
Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Commerzbank tests blockchain payment solution with Daimler Trucks
Current payment systems require a human to trigger the process.
Nasdaq uses AI to root out stock-market abuse
It detects irregular trading patterns and alerts officials according to machine-learning.
Three lessons traditional banks can learn from their younger siblings
Teamwork, transparency and creating a competitive culture is key.
CFTC charges trader with spoofing in financial futures markets
The filing and settling charges are against the trader, Benjamin Cox.
The importance of specialised standard software for MAD/MAR compliance
Experience and insights from three years of practical use.
Banking Technology Awards 2019 are open for entries
The Early Bird 10% discount deadline is 31 July 219, the awards close for entries on 31 August 2019
AcadiaSoft announces technology partnership with CloudMargin
The firms collaborate to provide an industry solution for uncleared margin rules.
Swift shifts from MT to XML format
Payment transfers will be shifting to the ISO 20022 standard.
Busey selects Jack Henry to support growth
The SilverLake System is believed to be replacing CSI’s NuPoint.
Let’s work together
Bank-fintech collaboration should take priority on this year’s Sibos agenda.
Zeta eyes global expansion with Series C investment
The investment came from Sodexo at a valuation of $300 million.
Dos and don’ts of sanction screening
Regulators seek to send a strong message to financials if they drop the ball on sanctions screening.
The Win 10 Rush: How financial institutions can beat the clock to upgrade their PCs
Kevin Flaherty, CEO at BLM Tech reveals the key to carrying off large-scale IT projects.
Focus on what’s important – and leave the rest to us
Smartstream’s platform takes the operational & regulatory responsibility of payments off your back.
Waddle and RBS pilot partnership
RBS is one of the first banks to offer an automated working capital solution to its customers.
Finca Microfinance Bank implements AutoSoft’s AutoBanker
The suite has been rolled across 135 branches.
SumUp enhances payments for SMEs with €330m funding
Following the acquisitions of Debitoor and Shoplo.
White paper: Are you using the best approach to catch digital identity fraud?
Donwload the Onfido white paper now!
White paper: Stepping into the next-gen acquiring – multi-vendor platform
Download the one-pager from Aevi now
White paper: Enabling PSD2-compliant fraud monitoring with OneSpan risk analytics
Learn more about PSD2 with OneSpan now!
White paper: The architect’s guide to digital core banking in the cloud
Download the Five Degrees white paper now
HSBC launches multicurrency virtual account for treasury
Available in the UK, USA, Hong Kong and Singapore.
Uncorking the corporate payments bottleneck
One reader digested Leda’s food for thought and has something to say about it.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Silicon Valley Bank lends $300m to innovative Irish companies
It will bring the total amount brought to the Irish market to $500m by 2024.
Open hits $50m funding for SME banking
The Indian fintech will use the funds to scale up the team.
Metro Bank selects Artesian’s KYC solution
Data-driven automation of KYC and risk, aims to improve onboarding processes.
Token lands $16.5m funding round
It will use the funds to build on its TokenOS open banking platform.
Bento unveils Venmo-style digital payment solution for SMEs
Bento Pay will only require the payee’s email address in order to send payments.
