Standard Chartered launches Banking as a Service solution in Indonesia
Standard Chartered has launched nexus, its Banking as a Service (BaaS) product to help ecommerce, social media and ride hailing companies tap the banking space. The bank says “Indonesia has the highest...
View ArticleAgora Services lands $2m in seed funding
Agora Services, the Georgia-based start-up branding itself “the fintech enabler for banks”, has landed $2 million in funding. The round was “driven mostly from its founders”, the start-up says. The...
View ArticleAl Wifaq International Islamic Bank selects ICSFS Islamic system
ICSFS beat five other providers to win the deal Al Wifaq International Islamic Bank for Investment and Finance, a newly established bank in Iraq, has selected ICS Financial Systems (ICSFS) and its ICS...
View ArticleRevolut launches accounts for under-18s in the UK
Revolut has launched a money management service for 7-17-year-olds called Revolut Junior. Linked up to a parent’s own Revolut app, Revolut Junior will offer the fintech’s youngest demographic their own...
View ArticleeBook: Tackling the data challenge for regulatory compliance in banking
Staying above the rising tide of banking compliance requires data: Securing it, integrating it, sharing a new level of detail with regulators, and developing with it to build banking, trading and...
View ArticleStress testing: Turning an obligation into an opportunity
For many, the most recent Bank of England (BoE) stress test results must have provided a sense of relief with all seven participating banks and building societies clearing hurdles, coupled with...
View ArticleHot-seat with Steven Marshall, CCO of Crown Agents Bank
FinTech Futures sat with Steven Marshall, the chief commercial officer (CCO) of Crown Agents Bank during this year’s FinovateEurope in Berlin. On the hot-seat, Marshall unpacks: What brought Crown...
View ArticleBanking Technology March issue out now
Keep calm and carry on The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary. A note from...
View ArticlePath Solutions signs Somalian challenger MyBank for iMAL core
Path Solutions has signed up Somalian challenger MyBank for its Sharia-compliant software solution iMAL. The iMAL solution is designed to “automate and streamline customer services” MyBank is Path...
View ArticleFinastra brings servers back online after ransomware attack
Finastra, one of the world’s major core banking providers, has brought its servers back online after the firm became victim to a ransomware attack at the end of last week. The software provider, which...
View ArticleColorado National Bank rebrands to Transact Bank and goes live with Fiserv
Colorado National Bank (CNB), which was bought by the owners of Latvian card acquiring and processing fintech Transact Pro in 2018, has relaunched as Transact Bank. Two years ago, Mark Moskvin and...
View ArticleNymbus launches loan processing system for US banks to deliver COVID-19 relief
Florida-based digital and core banking solution provider Nymbus has launched a new programme to help financial institutions faster process the loans US government is entrusting them to distribute to...
View ArticleDigital app One selects Finxact core banking system
San Francisco-based digital banking service One has selected Finxact and its cloud-based core banking system. One plans to target middle income families One is founded by chairman Bill Harris, a former...
View ArticleAfrica and Gulf Bank selects Path Solutions iMAL as new core system
Sudan-based Africa and Gulf Bank (AGB) has signed up Path Solutions and its iMAL Islamic core banking system. Path has signed three Sudanese banks in 2020 so far The Path Solutions system is set to be...
View ArticleWhat would a coronavirus start-up aid package mean for UK fintech?
The UK start-up industry could have a financial support package heading its way, as the Financial Times reports ministers are keen to help early-stage companies avoid total collapse. Many start-ups...
View ArticleBanking Technology April issue out now
All things equal The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and expert commentary. A note from our...
View Article2020 Review: Top 10 core banking go-lives this quarter
FinTech Futures lists some of the most interesting core-banking go-lives this quarter. Some of the most interesting core-banking go-lives this quarter. 1) EXCLUSIVE: Oracle wins new core banking deals...
View ArticleAvaloq extends Actico partnership to integrate compliance tech
Swiss technology firm Avaloq has extended its partnership with compliance firm Actico in a deal that will embed its services into Avaloq’s systems. Actico’s Compliance Suite will be embedded as...
View ArticleSwift cancels Sibos amid COVID-19 crisis
The Society for Worldwide Interbank Financial Telecommunication (Swift) has cancelled its annual banking and technology conference in light of the coronavirus (COVID-19) pandemic. Sibos, one of the...
View ArticleDCI nabs Vetter tech suite from AFT Analytics
Data Center Inc (DCI), the US technology vendor behind the iCore360 core banking system, has acquired a new suite of technology solutions in the form of AFT Analytics’ Vetter. DCI plans to power its...
View Article