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Why I want you to take me for granted: leadership, delivery and core banking
Taking me for granted is the highest degree of trust I am writing this on the last day of my holiday. It’s been amazing and, much as I love you guys, I don’t want to come back. Don’t take it...
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White paper: How banks are winning with AI and automated machine learning
Banks have always relied on predictions to make their decisions. Estimating the risks or rewards of making a particular loan, for example, has traditionally fallen under the purview of bankers with...
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US bank FNBT chooses Finastra’s Fusion Phoenix core technology
US-based First National Bank and Trust Company (FNBT) has chosen Finastra’s Fusion Phoenix for its core banking platform, along with a selection of Finastra’s digital banking products. Serving 16...
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Velocity Credit Union taps Fiserv for DNA core processing system
Austin, Texas-based Velocity Credit Union has selected Fiserv as its DNA core processing platform, as well as a number of integrated solutions including general ledger, item processing and enterprise...
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United Bank of Africa partners with fintech Ovamba Solutions
The United Bank for Africa (UBA) has partnered with US fintech Ovamba Solutions to provide the bank’s Cameroon business customers with a new tradetech product. The ‘first of a kind’ partnership will...
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Banking Circle calls for financial inclusion for SMEs
Financial services infrastructure provider Banking Circle has launched its latest research paper at Sibos 2019, looking at how banks can improve financial inclusion for SMEs, reports Jane Connolly. In...
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The revolution happening in cross-border payments
SPONSORED INSIGHTS Innovations in domestic retail payments have increased expectations for the cross-border payment experience. The 180 currencies and over 200 countries and territories involved make...
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Commerzbank to cut 4,300 jobs, close 200 branches and sell subsidiary
Commerzbank plans to cut 4,300 jobs, close 200 branches, sell its Polish subsidiary mBank and absorb compatriot bank Comdirect in a restructuring strategy published in the wake of its failed merger...
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SmartStream launches new AI module for payments processing
SmartStream has launched a new AI module that uses machine learning for continuous digital payments processing. This will mean that a typical project to maintain and improve the matching rules which...
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Sibos 2019: Regulation isn’t enough to trust the cloud
Regulation is not enough to bring transparency and trust to the cloud, “we need more practical solutions,” says Credit Bank of Moscow’s deputy board chairman, Sergey Putyatinsky at Sibos. In a panel...
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Digital transformation and platformification in a real-time world
SPONSORED INSIGHTS Digital transformation is a material journey, one which has been enabled by exponential technology growth and the correlative rise in customer expectations. Shanker Ramamurthy,...
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Sibos 2019: Interconnection will mean more flash crashes in FX
“You ain’t seen nothing yet,” says UBS’s strategic development lab head Christopher Purves, who talks about the rise of interconnection between systems in foreign exchange (FX) and how this will cause...
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Sibos 2019: Banks face existential threat from fintechs “willing to lose money”
Banks are misjudging competitive risk in the payments market, and are facing an existential threat if they don’t match up to fintechs willing to lose money to snatch up customer relationships and deal...
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Sibos 2019: Banking experts on how APIs improve efficiency
APIs enable frictionless interactions across a variety of platforms, and the connective capability helps cut costs and improve efficiency for financial services, writes Alara Basul. If you put experts...
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National Bank of Canada chooses CGI’s All Payments platform
National Bank of Canada (NBC) has chosen CGI‘s All Payments (APS) as its payments hub solution as it gears up to adopt Payments Canada regulatory changes, reports Jane Connolly. The bank is modernising...
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BIAN takes aim at core banking modernisation with new initiative
Germany-based Banking Industry Architecture Network (BIAN) has launched its Coreless Bank initiative, which aims to provide a “more efficient and effective” approach to modernising core banking...
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Sibos 2019: “Digital transformation will happen quicker in LatAm than Europe”
There will be a “leap frog” in Latin America’s digital transformation progress soon, beating Europe’s time to digital, says McKinsey’s senior partner Carlos Trascasa at Sibos London. Trascasa predicts...
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Sibos 2019: Embracing payments change will keep banks in fintech race
The implementation of instant payment schemes like EBA Clearing’s RT1 and new Request to Pay (R2P) initiatives will help banks compete with global technology firms and fintechs, according to a panel on...
View ArticleSibos 2019 video: Andreas Burner, CIO, SmartStream
FinTech Futures caught up with SmartStream’s CIO, Andreas Burner at Sibos in London, who spoke about their latest AI and machine learning processes. Key highlights: Developments at the SmartStream...
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Atom Bank opts for Google Cloud
UK-based challenger Atom Bank has selected Google Cloud to underpin its application and product development. The bank had been using a third-party data centre since 2015. According to Google, the...
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