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Banking Technology December/January issue out now
A year in review 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...
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JP Morgan embroiled in yet another racism scandal
US banking giant, JP Morgan, has been involved in yet another racism scandal, according to The New York Times. The publication obtained two recordings of two separate instances of racial profiling in...
View ArticleVideo: Top fintech stories this week – 20 December 2019
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: PayPal sues US regulator over its “misleading” digital wallet rules EQ Bank...
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Banks rely on big bang system replacements to cope with real-time demand
When it comes to core systems replacement, the banking industry is still set on big bang installations, driven in part by demands for real-time service. Vikram Gupta, Oracle That’s according to Vikram...
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Finantix acquires Swiss AI firm InCube
Private banking technology provider Finantix has acquired Swiss artificial intelligence (AI) and data science firm InCube. Finantix plans to augment its solutions with InCube AI The acquisition will...
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HSBC’s $6bn structural overhaul under threat from COVID-19
A major technological restructure at HSBC could be under threat due to the COVID-19 outbreak, according to a report from the Financial Times. HSBC’s restructure is the largest in its 115-year history...
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A look under the hood of ABN Amro’s internal Covid-19 operations
As incumbent banks across the globe are forced to move as much of their operations as possible from on-premise to working from home environments, many have questioned how ready bank systems really are...
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Data affinity and customer centricity: what luxury retailers can teach wealth...
The learnings from luxury retail SPONSORED INSIGHTS BY APPWAY The wealth management industry is by no means alone in serving high net-worth individuals (HNWIs). Travel, hospitality, healthcare, luxury...
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7Q Financial Services goes live with Profile Software’s Axia
Profile says Axia was chosen following a “thorough assessment.” 7Q Financial Services (7QFS) has gone live with the Axia Wealth & Fund Management solution from Profile Software. 7QFS, an investment...
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Chinese tech giant Huawei to launch new consumer credit card
Chinese technology giant Huawei is set to launch its own credit card, following in the footsteps of American competitor Apple. Huawei is yet to reveal a release date or name a supporting bank for its...
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Mizuho Bank launches face ID biometrics for online banking
Japan-based Mizuho Bank is launching a proof-of-concept trial of a new biometric digital ID system, aimed at improving customer authentication on its online systems. The Otemachi Tower, Mizuho HQ....
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HSBC freezes redundancy plans as COVID-19 hits $6bn overhaul
HSBC has confirmed this week that it is temporarily halting its plan to cut 35,000 jobs, as the coronavirus pandemic accounts for profits at the bank almost halving. HSBC has seen its profits fall by...
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Avaloq extends contract with First Abu Dhabi Bank in Switzerland
First Abu Dhabi Bank (FAB) has extended its contract with Avaloq in Switzerland for the latter’s business process-as-a-service (BPaaS) systems. Avaloq and FAB have worked together in Switzerland since...
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MoneyGram and Federal Bank tie up remittance partnership
MoneyGram Payment Systems has signed a partnership agreement with India-based Federal Bank to offer a direct-to-account remittance option for its customers in the region. Federal Bank claims to have a...
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Unibank completes processing stage of TranzAxis migration
Azerbaijan-based Unibank has connected its in-house processing directly to Mastercard, a step towards its full migration to Compass Plus’s open payments platform TranzAxis. Unibank is one of the...
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Banco Itaú International picks Temenos Infinity to revamp wealth management
The Swiss and International operations of private banking group Itaú Unibanco has signed extended deals with Temenos to deploy the latter’s Infinity Wealth and Transact systems. Banco Itaú Unibanco is...
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Introducing FinTech Features – showcasing the best in fintech on 30 June
Introducing FinTech Features – a new digital platform for financial services professionals to learn about the latest technologies and solutions and for the top tech providers to showcase their...
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Banking Tech Awards 2020 now open for entries!
Banking Tech Awards 2020 are now open for entries, marking their 21st year! The awards are open to banks, financial institutions, technology and service providers, teams and individuals. There are a...
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Report: A new decade of core banking transformation
In a world where headlines can be dominated by new technology like artificial intelligence, quantum computing, application programming interfaces (APIs) and more, it can be easy to overlook the...
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Report: The future of digital wealth management
The wealth management industry is facing plenty of changes in 2020 The wealth management industry is facing a period of unprecedented change. Economic turmoil, regulatory variation, customer experience...
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