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Commonwealth Trade Bank selects Intellect Design Arena’s IDC system
UK-based Commonwealth Trade Bank is set to deploy Intellect Design Arena’s IDC core banking system. IDC to be deployed across multiple verticals at CBT Commonwealth Trade Bank, formed in 2019 from the...
View ArticleVideo: Top fintech stories this week – 01 November 2019
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: Uber relaunches credit card with Barclays, drivers get real-time cash flow UK...
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Case study on Bank of America: How robots help serve and protect the bank
Robotic process automation (RPA) is a crunch technology that is relatively easy and quick to implement and promises a strong return-on-investment (ROI), but a recent string of failed RPA projects...
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Why BNY Mellon didn’t hire ‘the perfect data scientist’ on paper
Staff writer, Sooraj Shah, speaks to BNY’s head of digital, who explains why it’s not just about PhDs, technical skills and domain experience when it comes to hiring a data scientist. It’s common...
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Westpac partners with 10x Future Technologies to build new platform
Australian bank Westpac has signed an agreement with UK vendor 10x Future Technologies to build a standalone banking-as-a-service platform. Westpac also plans to make a minority equity investment in...
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Backbase Connect 2019: Backbase challenges Banco Santander’s €20bn digital spend
Fintech software provider Backbase has challenged Banco Santander’s spending on its digital transformation at the Backbase Connect 2019 conference in Amsterdam. The Spanish bank is set to spend €20...
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AFME promotes further adoption of public cloud in capital markets in new paper
The Association for Financial Markets in Europe (AFME) has published a new paper setting out 14 recommendations to help realise the full potential of public cloud computing across the capital markets...
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A Rare first in banking: Thought Machine unveils Vault Rare feature
Thought Machine unveils Vault Rare banking platform Thought Machine, a UK-based core banking software provider, has unveiled Vault Rare, claiming this new feature of its flagship Vault offering will...
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Backbase Connect 2019: How Backbase built a digital bank in 47 minutes
Netherlands-based digital bank enabler Backbase says it’s built a mobile-only bank in 47 minutes after completing its first of four demos over the course of day two at its Backbase Connect 2019...
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Backbase Connect 2019: Backbase’s CEO says its biggest challenge comes from...
Backbase’s biggest challenge comes from its customers – well established banks – and “getting them to commit to digital transformation,” says its CEO and co-founder, Jouk Pleiter. Branding his fintech...
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Backbase Connect 2019: Final round-up and key takeaways
This week FinTech Futures attended Backbase Connect 2019 in Amsterdam. The conference brought together its established bank customers from Europe, Asia, Africa and North America, highlighting the need...
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Avaloq lays groundwork for 2020 sale
Banking software firm Avaloq is making headway into its plans for a 2020 sale or public initial offering (IPO). Avaloq CEO Hunziger has said an IPO is only one option for the firm According to Reuters...
View ArticleVideo: Top fintech stories this week – 08 November 2019
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: IBM launches “world first” financial services public cloud CaixaBank opens...
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AI: A force for good?
Last month, in the first of a two-part series, Nadia Sood, CEO at CreditEnable explores the potential pitfalls of AI when it comes to gender inclusivity and how its introduction can also help eliminate...
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Interac acquires Ottawa-based digital security company 2Keys
Canadian interbank network, Interac, has signed a deal to acquire Ottawa-based digital security firm 2Keys, according to The Canadian Press. The acquisition will see 2Keys and its approximately 100...
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Apple Bank picks FIS for core banking change
Apple Bank has 79 branches across New York State. New York-based Apple Bank has selected FIS and its IBS system for its new core banking setup and will be moving to a hosted platform as part of a major...
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CSI reveals 11 US core banking deals signed since February
Computer Services Inc. (CSI), a US-based provider of core and digital software, has announced that 11 US banks signed on for its Nupoint core banking platform in the first half of of its fiscal year....
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CSConnect 2019: Lloyds head says tech firms don’t get enough heat for banking...
Lloyd’s head of IT risk & governance Ameet Jugnauth says “technology firms are not getting the same level of scrutiny and heat” when it comes to banking app downtime as financial services...
View ArticleVideo: Top fintech stories this week – 15 November 2019
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: Facebook Pay launches for US users on Messenger and Facebook Hungary’s...
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CSConnect UK 2019: Round-up of key cybersecurity trends
This week FinTech Futures attended Cybersecurity Connect UK 2019, a conference bringing together chief information security officers (CISOs) from the financial services, aviation, energy, charity,...
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