Next Gen Banking

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/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.

Singapore to accept first digital bank applications

/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.

ICICI Bank claims industry first with robotic cash counters

/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.

Aussie regulator turns to tech in new strategy

/Next Gen Banking

Aussie regulator turns to tech in new strategy

Australia's capital markets regulator has vowed to expand its use of new technology and behavioural data as part of a strategic plan to strengthen its enforcement.

/Next Gen Banking

11:FS welcomes ex BCG Ventures and Apple head of talent

11:FS​, the challenger firm defining and building digitally  native financial services through technology, product and design expertise, today  announced Michael Curds has joined the firm as Head of Talent.

/Next Gen Banking

BrickVest launches second Employee Participation Fund

BrickVest, the London-based online real estate investment platform, has launched its second Employee Participation Fund (‘EPF’) in partnership with BEOS, the German commercial property specialist, part of the Swiss Life Asset Managers family since August 2018.

/inclusion

Accenture encourages women to apply for 2020 Fintech Innovation Lab

Today Accenture opens up applications for its eighth Fintech Innovation Lab London. In addition to the Lab’s overall goal of helping fintechs from all areas and backgrounds to excel, this year Accenture is also aiming to improve the number of female founders taking part in an effort to narrow the gender gap in fintech.

/retail

Australian neobank appoints John Pountain as CTO

Xinja Bank, an independent Australian neobank built from the ground up  for mobile, has appointed John Pountain Chief Technology Officer.

/payments

EToro retail customers can now invest in drone technology

eToro, the multi-asset investment platform, today announces the launch of its latest portfolio, offering retail clients globally the chance to invest in the technological development of drones and their use cases.

How to build the regulator’s confidence in the cloud

/cloud

How to build the regulator’s confidence in the cloud

When moving to the cloud, meeting all risk, legal and compliance requirements is non-negotiable. The key question regulators are asking financial services providers is whether they have identified the operational risks associated with migrating to cloud computing, and if banks understand the process of managing these obstacles.

Deutsche Bank to spend €13bn on tech amid massive job cuts

/Next Gen Banking

Deutsche Bank to spend €13bn on tech amid massive job cuts

Deutsche Bank has announced swingeing job cuts as part of a radical overhaul of its operations that will also see it spend €13bn on new technology over the next four years.

Tackling financial crime and the role of digital identity

/Next Gen Banking

Tackling financial crime and the role of digital identity

Marc Corbalan, Product Management, Vocalink, a Mastercard company, speaks at NextGen Banking London about the role AI plays in tackling financial crime, what helps to detect fraud or prevent it, the role of digital identity in tackling crime and how the industry is dealing with the problem collectively.

Banks falling behind in digital transformation efforts

/Next Gen Banking

Banks falling behind in digital transformation efforts

Despite investing more than $1trn globally in new technology over the last three years, the majority of banks have yet to see any financial boost from their digital transformation programmes.

Regulators and politicians respond to Facebook's crypto plans

/Next Gen Banking

Regulators and politicians respond to Facebook's crypto plans

Regulators, politicians and other crypto players have all responded to yesterday's unveiling of Facebook's Libra project and suggested that the social media giant's digital currency plans may face several challenges.

UK fintech salaries on the rise - report

/Next Gen Banking

UK fintech salaries on the rise - report

Jobs in the UK's fintech sector have grown by 61% in the last year while demand for skilled workers has seen salaries rise by as much as 25% according to a recently published report.

Facebook reveals digital wallet plan

/Next Gen Banking

Facebook reveals digital wallet plan

Social media platform Facebook has unveiled further details of its much-anticipated digital currency offering, which it hopes will transform financial services.

/Next Gen Banking

Starling partners with Bottomline Technologies for instant payments

Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps make complex business payments simple, smart and secure, today announced its partnership with Starling Bank, the leading digital banking platform, and the launch of Bottomline’s Real Time Payments Express Service

S Korea bemoans slow pace of its fintech market

/Next Gen Banking

S Korea bemoans slow pace of its fintech market

An immature ecosystem and a lack of competition is slowing down South Korea's fledgling fintech industry according to the country's financial regulator

/Next Gen Banking

Alogent acquires lending software provider Finance Genius

Alogent (www.alogent.com, @AlogentCorp), a global banking and financial software leader, serving banks and credit unions in the U.S. and abroad, today announced the expansion of its product portfolio with the acquisition of the FinanceGenius™ suite of lending software from IntelliEngines, Inc.

Mega M&As fuel record growth in fintech deals

/Next Gen Banking

Mega M&As fuel record growth in fintech deals

A flurry of large M&A deals and the popularity of contactless payments have helped to create a record volume of fintech deals, according to a recent report, but also raised fears that the market may be overcrowded and reaching peak status.

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