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Banking Technology Awards introduces awards for tech vendors

Ovum Technology Innovation Awards are open for entries! FinTech Futures has teamed up with global research and analyst firm Ovum to launch three new awards categories for tech developers and vendors as...

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Mortgage Cadence integrates with DataVerify

Mortgage Cadence has added more DataVerify capabilities to its loan origination platform, Enterprise Lending Centre (ELC), as reported by David Penn at Finovate. The Colorado-based mortgage tech...

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Scalable Capital attracts further €25m growth funding

Munich-based robo-advisor platform, Scalable Capital, has raised a further €25 million in growth capital, two years after BlackRock invested €30 million, writes Jane Connolly. Handelsblatt reports that...

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Female founders become Accenture Lab’s new focus

Female founders are Accenture’s new focus this year as the global agency open applications for its eighth Fintech Innovation Lab in London today. As well as supporting fintechs from around the world to...

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Swedish fintech Northmill launches new saving service

Swedish fintech Northmill has launched a new savings service, Rebilla Reduce, which enables anyone to lower their interest rates in a matter of minutes on existing credits, partial payments or credit...

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Jack Henry core banking solution attracts 57 new users in 2019

Jack Henry & Associates has attracted 57 banks and credit unions away from competitors in the fiscal year 2019, reports Jane Connolly. The technology solutions and payment processing services...

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Atom Bank, iwoca, Modulr and Currencycloud get £10m BCR grant

The Board of Banking Competition Remedies (BCR) announced it will be issuing four £10m grants to lending and payments organisations who have pledged public commitments. As part of the Capability and...

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Commerzbank and LBBW set a new blockchain milestone

Commerzbank and Landesbank Baden-Württemberg (LBBW) have executed another milestone trade transaction, this time integrating logistics provider, Logwin AG, was into the digital process chain –...

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ECB discovers data breach in bank newsletter

The European Central Bank (ECB) has experienced a data breach from a group of hackers, according to a statement by the bank on Thursday. The hackers installed malware onto the site and stole the...

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Finastra wins core cloud deal with neobank, Gravity

UK-based neobank Gravity has chosen the third largest fintech in the world, Finastra, to provide its end-to-end core banking capabilities. The Fusion Essence cloud-based solution, built on Microsoft’s...

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Investment group Octopus acquire “indispensable” Seccl Technology

London-based investment group, Octopus, has announced it will acquire software-as-a-service (SaaS) wealth management business, Seccl Technology, for £10 million to make its offering “indispensable”....

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Technical glitch delays trading at LSE

The London Stock Exchange (LSE) delayed opening the trading of the FTSE 100 and 250 indices by almost two hours this morning (Friday 16 August), reports Jane Connolly. Financial Times reported an LSE...

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Curve launches first crowdfunding campaign

Banking platform Curve will launch a seven-figure crowdfunding campaign next month, reports Jane Connolly. Following a successful $55 million Series B round, the UK fintech is valued at a quarter of a...

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Data Action wins core solution deal with Greater Bank

Australian-based core banking solutions provider, Data Action, has announced its strategic partnership with Australia’s customer-owned and mutual bank, Greater Bank. The fintech will migrate Greater...

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Retail banks must be team players

In team sports, collaboration plays a deciding role in success or failure. In retail banking, however, the consensus seems to be that collaboration will be its downfall. Individual banks compete...

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Banco Galicia chooses Strands for mobile banking

Argentina’s largest domestic private bank, Banco Galicia, has chosen Barcelona-based, Strands, and its Personal Finance Management (PFM) solution to deliver a more personalised digital banking...

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Westpac partners with Coupa for e-procurement

Aussie-based bank, Westpac, has become the first in the country to partner with e-procurement cloud platform, Coupa, to help businesses manage their spending. Coupa’s cloud platform will reduce risk,...

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Avaloq onboards Banque Morval to Intesa Sanpaolo

Swiss-based bank, Intesa Sanpaolo, has onboarded Banque Morval to core banking software provider Avaloq’s, business process as a service (BPaaS) solution, after completing the merge with Banque Morval...

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SMBC chooses Exiger AI compliance solution

Sumitomo Mitsui Banking Corporation (SMBC) has chosen compliance technology service, Exiger, and its AI-powered know-your-customer (KYC) onboarding technology, DDIQ, to deploy throughout its client...

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The cloud journey for market infrastructures

The rise of cloud computing continues, with worldwide spending on public cloud services and infrastructure forecasted to reach $210 billion in 2019.  This is an increase of nearly 24% over 2018,...

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