Finzly unveils banking transformation solution, BankOS
US-based Finzly (formerly SwapsTech) has unveiled BankOS, its latest solution for banking transformation.
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FICO fights financial crime with Falcon X
A unified environment for the detection and investigation of both fraud and financial crimes.
Hamburg Commercial Bank picks Know Your Customer’s onboarding solution
The regtech provides AML and KYC compliance
Sibos 2019: PSD2 bringing APIs to industry forefront
APIs are no longer just for engineers.
Commerzbank to cut 4,300 jobs, close 200 branches and sell subsidiary
Following this, the bank plans to hire 2,000 new positions.
Banking Circle calls for financial inclusion for SMEs
The paper explores how to bring barriers down for small players.
Wells Fargo pilots internal settlement service using DLT
The pilot is planned for 2020.
Nucoro warns 84% of wealth management digitisation could fail
Wealth managers must re-engineer their operations to compete.
Element AI raises CAD 200m in Series B funding round
Element AI has raised CAD 340 million in total so far.
DN Intersect 2019: final round up and key takeaways
The conference was predominantly focused on North America.
DN Intersect 2019: “US banks can learn from McDonalds”
“It’s a lot of fun, very easy to navigate and offers the customer complete choice.”
DN Intersect 2019: US Banks are “already beaten” if they ignore APIs
“It’s time the US starts paying attention to open banking.”
United Trust Bank launches facial recognition ID verification
The new system takes only 90 seconds to complete.
Mastercard and R3 deliver blockchain cross-border payments solution
The partnership will focus on connecting global faster payments infrastructures.
US Bank acquires Talech to help drive digital transformation
The deal enhances the bank’s digital services for SMEs.
New challenger bank Zenus picks NICE Actimize AML tech
The bank wants a cloud-focused financial crime strategy.
Volante launches free SaaS RTP instant payments processing
The offering is for the US Clearing House (TCH) RTP and European SEPA RT1 or TIPS instant payments.
DN Intersect 2019 Day 1 key takeaways: ‘Branches are here to stay’
FinTech Futures shares Diebold Nixdorf’s latest insights live from Las Vegas.
Live webinar: Why operational excellence in payments is critical to your future success
Register to the Red Hat fireside chat live from Sibos!
AI firm Syte eyes global expansion with $21.5m funding
The company will branch into visual AI-powered personalisation.
Top fintech stories this week-06 September 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
CaixaBank slashes risk analysis time with quantum computing
It’s the first Spanish bank to incorporate the tech into its R&D.
Zip acquires PartPay for $50m
The Aussie credit card company has also purchased an equity interest in QuadPay.
Top fintech stories this week – 30 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
CardX raises $2m in debt financing
The fintech helps businesses avoid credit card transaction fees.
Fintech platform Bond raises $10m seed funding
The company will spend the funds on growth and product development.
Insurtech start-up Kin raises $47 million
The company will launch a home insurance carrier in Florida.
Temenos acquires Kony for $559m
The transaction is due to be completed by early Q4 2019.
PNC becomes first US bank on RippleNet
The bank joined the blockchain payments platform in September 2018.
Platform9 targets global growth with $25m funding
The firm helps companies run cloud-native infrastructure at scale.
Cybersecurity start-up Axonius closes $20m Series B
This was the firm’s second fundraise of the year.
ICBA invests in Teslar Software for community banks
The undisclosed investment brings Teslar’s seed capital to $2 million.
Empaxis teams with InvestCloud to launch TAMP1
The platform is designed for small to medium-sized investment managers.
Schroders Personal Wealth troubled by IT issues
The launch of the joint venture between Lloyds and Schroders have prompted widespread complaints from staff.
Wealthfront acquires robo advisor Grove
California-based, Wealthfront, is acquiring financial planning fintech Grove for an undisclosed sum
MoneyGram hits back at consumers and investors
The paytech company says it “can’t make everybody happy”.
Top fintech stories this week – 23 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
booyah! bank blasts off in US
It’s backed by FDIC member, Surety Bank.
JP Morgan to shut down Chase Pay app in early 2020
This venture will soon be joining the US bank’s other shelved platforms this year.
Paysafecard and G2 Esports extend collaboration
More than 400 million people worldwide had watched an e-sports event by 2018.
