Canadian and Taiwanese regulators sign fintech sandbox agreement
The regulators will build a “referral mechanism” between their fintech sandboxes.
Digital
Bank of America goes live on securities platform from Wematch and Pirum Systems
The combined system made its first transaction on 10 June.
Reaping the real benefits of data sharing
Data sharing enables banks to more effectively serve customers across the lifecycle.
Banks, cybersecurity and virology
I would actually like to see governments take a more holistic look at how they’re fighting COVID-19.
Video: Top fintech stories this week – 12 June 2020
FinTech Futures’ weekly news round-up.
Stripe adds Bacs Direct Debit to compete with UK rivals
Stripe will directly compete with UK home market player GoCardless.
Insurance in the digital age: injecting automation into the claims process
A lot of claim processing, across all product lines, is carried out manually.
Banking Technology June 2020 issue out now
Real-time payments and fraud: balancing customer relationships and security.
Tell it cos it’s a good story
Why do all these dreamers and makers and poets work in banking transformation?
Video: Coforge – harnessing emerging tech and deep domain expertise in financial services
Digital services, intelligent automation, data & analytics, cloud & infrastructure – engage with the emerging!
Bank of America’s Merrill revamps client management workstation
The old system has been in place since the early 2000s.
Halal fintech Wahed lands $25m from Saudi Aramco’s venture arm
The Islamic finance industry is set to grow to $3.8tn by 2022.
Managing compliance in an age of innovation
Dell Technologies and World Wide Technology discuss the technology challenges facing FIs.
Documentation firm H4 snags $27m in funding from Goldman, JP Morgan, Barclays
H4 claims that documentation in capital markets is ripe for change.
Developing industry-wide standards on DLT security will lead to wider adoption
To develop industry standards, four things need to happen.
La Capitol Federal Credit Union picks Corelation’s KeyStone
A go-live is expected in May 2021.
US digital banking rules could change as OCC calls for input
But the regulator is not considering a national bank charter for fintechs.
NICE Actimize agrees acquisition of Guardian Analytics
The acquisition is expected to close in Q4 2020.
Mambu partners with VeriTran to create digital banking solutions in LatAm
The deal means that VeriTran’s front-end will integrate with Mambu’s SaaS cloud banking platform.
PayTech Awards winners: where are they now? Emailage – Best E-Commerce Initiative
The pending takeover of Emailage by LexisNexis “kind of dominates the news”, says EMEA MD.
Cloud9 Technologies secures $17.5m in Series B funding
New York-based cloud communications firm Cloud9 Technologies has raised $17.5 million is a Series B funding round.
OakNorth partners with major US lender PNC Bank
The bank is using OakNorth’s COVID Vulnerability Rating (CVR) framework.
Banking Tech Awards 2020 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
Omega Federal Credit Union deploys Episys on the cloud with MDT
Pennsylvania credit union looks for flexibility with new system.
Varo raises $241m Series D with new investor Gallatin Point Capital
To date, the fintech has raised $419.4 million.
Libra’s Second Wind
Some say slow progress of blockchain adoption is not just because of regulatory hurdles.
Nubank soars ahead with 25m customers
In Q1 of 2020, Nubank acquired 42,000 users each day.
Appway raises $37 million in equity funding from Summit Partners
Lifecycle management firm secures first external capital raise.
E-book: The inevitable collision of identity proofing & authentication
How to achieve end-to-end identity verification and authentication in today’s digital world.
Transact Bank partners with telehealth start-up Hopdoc
Transact Bank’s parent company Transact Pro will facilitate the payments.
Credit fintech Curu lands $3m in seed funding
The start-up offers an integrated SaaS product for lenders.
Webinar: How financial services firms are preparing for the new normal
The COVID-19 pandemic has forced a sudden shift from physical to digital.
Getting reconciliation right in the “decade of data”
FinTech Futures sat with Douglas Greenwell, reconciliation expert at Duco.
Video: Top fintech stories this week – 29 May 2020
FinTech Futures’ weekly news round-up.
Old habits die hard: are you thinking long-term for the good of everyone?
Is it all just reactionary, rather than calmly taking a longer-term view?
Introducing FinTech Features – showcasing the best in fintech on 30 June
A new digital platform for the financial services professionals to learn about the latest technologies and solutions.
Banking’s long divorce process
The separation of customer management from product management has very strong advantages.
Webinar: Balancing the IT compliance and innovation agendas in financial services
Join Dell Technologies, WWT and FinTech Futures on Thursday, 4 June.
Banco Itaú International picks Temenos Infinity to revamp wealth management
The Brazilian financial group is revamping its international and Swiss operations.
InvestCloud kicks of digital transformation at Siebert Financial Corp
US broker-dealer aims for a front-to-back change.
