Next Gen Banking

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/Next Gen Banking

UK fintech Tide raises £44m in funding

Tide, the leading digital business banking platform[1][1], has today announced it has raised £44.1 million (US$54.3 million) in a first-round of Series B funding.

/Sibos

‘Now is the time to make the payments world real-time,’ SWIFT

Harry Newman, Head of Banking, SWIFT, explores the reasoning behind exploding demand for instant payments, how SWIFT and its community is meeting this demand, and how cross-border payments will evolve moving forward.

/Sibos

Data as an asset class: Nordea values innovation to drive returns

Patrik Havander, Head of Commercial Excellence, Nordea, speaks with FinextraTV about how Nordea and the financial services industry are equipped to deal with the changing transaction banking landscape, the outlook for Nordea’s ROI, and the areas banks are looking to for rewarding long-term investments.

/Sibos

How instant payments are revolutionising Cash Management

Christof Hoffman, Global Head of Payments & Collection Products, Deutsche Bank, speaks about the demand for instant payment schemes globally, how the industry has welcomed Open Banking and APIs and the significance of Swift gpi.

/Sibos

Compliance in a real-time world

Heather Lee, Financial Crime Compliance Strategy, SWIFT, explains how the financial industry is stepping up to meet the demands of managing real-time compliance, whether ISO 20022 will improve the compliance life-cycle, and the cross-border value of a utility-based approach for tackling crime and meeting renewed regulations.

/Sibos

P27 tackling the fragmented payments landscape in the Nordics

Lars Sjögren, CEO, P27, speaks with Finextra about the aims and objectives of the P27 initiative, the benefits of their real-time payments support platform, and how the platform is prioritising transparency to effectively communicate across banks, vendors and customers.

/Sibos

How Transaction Banks are adapting to dynamics affecting the industry

Marc Recker, Global Head of Market Management, Cash Management, Deutsche Bank, explores the dynamics transforming the transaction banking landscape and their impact, how the industry is evolving to remain competitive, and the strategies Transaction Banks need to devise to remain successful such as partnerships and global standardisation.

/Sibos

FinextraTV @ Sibos2019 – The Big Themes #1: The Impact of AI

FinextraTV reports from Sibos 2019 in London on Artificial Intelligence in Financial Services. In this, the first of three Sibos reports, we learn about AI: the areas it is having the greatest impact, the challenges and concerns that surround it, and how the industry will use the technology in coming years. ING, Deutsche Bank, Bank of America Merrill Lynch, Crown Agents Bank, Standard Bank, SEB, Nordea and BNP Paribas are among the many leading institutions to share their views exclusively with Finextra Research.

/Next Gen Banking

Identitii selected to test ACCC's Consumer Data Right ecosystem

Identitii Limited (Identitii, Company) (ASX:ID8), the FinTech reducing last mile payment hold ups for banks and corporates, announces it has been selected by the Australian Competition and Consumer Commission (ACCC) as one of just ten companies to test the Consumer Data Right (CDR) ecosystem.

/ai

Microsoft releases report on FSI's readiness in AI across APAC

Today, Microsoft Asia and IDC Asia/Pacific released findings specific to the Financial Services Industry (FSI) from the study Future Ready Business: Assessing Asia-Pacific’s Growth with AI1, which found that organizations with AI expect to see 41% improvement in competitiveness in three years.

/Next Gen Banking

Swiss fintech neon closes 5mn series A financing

Zurich-based fintech neon has successfully closed its next financing round of 5mn CHF for further product expansion.

/Next Gen Banking

Ambitious P27 project grows team for next phase

Nordic bank-backed P27 is undertaking a recruitment drive as it puts together the building blocks for a proposed 2021 go-live of its real-time, cross-border payment project.

/Next Gen Banking

Nationwide turns to OutSystems for low-code platform

OutSystems, provider of the number one low-code application development platform, today announced that leading financial institution Nationwide is using the OutSystems low-code platform to develop a new digital business savings service that will radically transform how Nationwide interacts with its business savings customers.

/Next Gen Banking

Online lender Namaste Credit launches digital-only bank

Online lending marketplace Namaste Credit today said that it is launching its Neobanking solutions for MSMEs, becoming a full-fledged "Digital-Only Bank" with a foundational SaaS play.

/Next Gen Banking

B-North selects Mambu for core banking

B-North, the Manchester-based firm building an SME lending bank for the UK, has selected Mambu, the SaaS banking engine, to provide its core banking technology.

/Next Gen Banking

Starling opens new UK office

Online bank Starling is today cutting the ribbon on its new office in UK town Southampton as it looks to bolster its operational resources.

/Next Gen Banking

Revolut to open ops centre in Portugal

Challenger Revolut is planning to open a customer service centre in Portugal that will employ 400 people.

/Next Gen Banking

AlgoTrader and Avaloq team up for digital asset management push

Two leading Fintech companies join forces to solve complex problems encountered by the financial industry through a wide range of high-quality services in building a global digital asset management ecosystem.

/Next Gen Banking

Singapore to accept first digital bank applications

Two months after announcing plans to issue digital banking licences, the Monetary Authority of Singapore (MAS) is set to accept the first applications.

/Next Gen Banking

ICICI Bank claims industry first with robotic cash counters

India's ICICI bank has claimed to be the first bank in the country to deploy industrial robotic arms to count currency notes.