12/21/2021
PKO Bank Polski Chooses SS&C
Poland's largest bank implements SS&C Algorithmics' Fundamental Review of the Trading Book solution
Retail Banking
12/21/2021
Community Bank of the Bay taps Fiserv
Payments Exchange: RTP integrates out-of-box with the bank’s existing core and builds on the success of their existing partnership with Fiserv.
12/21/2021
Pipit Global Enters 12 New African Markets with Cellulant
Pipit’s and Cellulant’s partnership will see the development of ‘for-purpose’ remittances.
12/20/2021
VTB Bank introduces AI to speed up client services
The potential of the technology is there will be an increase to 40-50% of the share of requests, the processing of which can be automated and thus accelerated several times - from 50 to 90%, depending on the specific business case.
12/20/2021
Monese acquires freelance service provider
This partnership brings together two European fintech companies with a shared vision for the future of financial services and a deep passion for engineering excellence in product development.
12/17/2021
AIB signs €65 million deal with IBM
Graham Fagan, group director of enterprise technology & cloud engineering, AIB, comment: "As financial organisations progress on their cloud journeys, they need an approach that allows various cloud-based applications to work in concert.
12/17/2021
Revolut granted full banking licence in Lithuania
As of the end of Q3 2021, Revolut Bank UAB has received resident deposits of €395 million and provided almost €12 million in loans to residents.
12/17/2021
ING Bank Śląski goes live on Thought Machine's Vault
Vault can run any type and size of bank on a single platform, and is cloud native and cloud agnostic to support any deployment type by a bank, on any cloud provider.
12/15/2021
DBS Digital Exchange Adds Payment Firm as Member
FOMO Pay was founded by ex-Visa executive Liu in 2015 to connect merchants to digital payment methods like e-wallets and credit cards.
12/14/2021
Finastra and Liquid forge crypto pact
Through integration with Finastra’s Fusion Essence core banking solution, QEX will enable banks to meet rising interest in cryptocurrency by offering services including buying, swapping and payments.
12/14/2021
Malaysia’s KAF to Launch Digital Lending on the Temenos Banking Cloud
Temenos enables KAF to offer conventional and Islamic financing on a single platform and extend to full digital banking in the future
12/13/2021
Melanion Capital Launches the world's first ETF UCITS Linked Bitcoin with the Support Societe Generale Securities Services
The UCITS label, the highest European standard in fund regulation, makes distribution to a broad public possible, and the ETF guarantees investors access to an envelope listed on a stock exchange with its very secure operating rules.
12/10/2021
Irish banks’ mobile payments plan hits roadblock
A second application was made to the CCPC in April with a launch scheduled for early 2022 pending regulatory approval.
12/09/2021
BIS, Bank Of France And Swiss National Bank Conclude Successful Cross-Border Wholesale CBDC Experiment
It continues the experimentation conducted by the SNB and the BIS Innovation Hub under Project Helvetia and is part of a series of wholesale CBDC experiments initiated by the BdF in 2020.
12/08/2021
South Africa’s Tyme Bank Raises $180-Million from Tencent & CDC Group
The investments will enable Tyme to use its digital infrastructure to accelerate the rollout of financial services to TymeBank’s mass-market customer base.
12/08/2021
Fintech Rapyd Expands APAC Footprint
Rapyd bundles a range of digital payments-related services for businesses
12/07/2021
Former TSB chief moves into fintech with social network for money
City sources said that Loop had raised a round of seed funding from a group of wealthy investors, and was now preparing for a larger Series A fundraising to take place in early 2022.
12/07/2021
WeLab Acquires Indonesian Commercial Bank
Welab Sky has already completed a strategic investment for a 24 percent stake in BJJ.
12/01/2021
BankiFi announce co-development deal with The Co-operative Bank
The cash will be applied to the development of further products for the SME market, beginning with cash management.
11/26/2021
Saudi Arabia to allow more digital banks, central bank governor says
The kingdom this year issued licences for its first digital banks, STC Bank and Saudi Digital Bank