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Metro Bank’s developer portal for open banking services
Metro Bank is making its presence known in the digital banking sector with the launch of a developer portal for FCA-registered third-parties wishing to...
BUSINESS
Metro Bank’s developer portal for open banking services
Metro Bank is making its presence known in the digital banking sector with the launch of a developer portal for FCA-registered third-parties wishing to...
Bermuda to create a new class of banks for fintech
The Government of Bermuda is looking to create a new class of banks to encourage the local fintech and blockchain companies.
By amending their Banking...
PAYMENTS
SECURITY
Faster Payments outage delays transactions
UK based Faster Payments faced a system failure that resulted in delaying thousands of transactions.
Used by all the major banks in the UK, the...
ANNOUNCEMENTS
Cinnober and BitGo collaborate on cryptocurrency exchange tech
Exchange and clearing technology services provider Cinnober has teamed up with virtual currency processor and security specialist BitGo to enhance its technology for crypto...
BofA Merrill adds biometric log-ins for CashPro
Bank of America Merrill Lynch announced new enhancements to CashPro Mobile, which includes fingerprint and facial recognition technology along with an integrated token to...
Citi teams up with Computershare to launch digital proxy voting platform
Citi has teamed up with Computershare to launch its end-to-end digital platform for proxy voting, Proxymity, which connects issuers and investors for shareholder meetings.
The...
Bank of England to run cyber stress tests for financial firms
Financial services companies in the U.K will have to undergo cyber stress tests by Bank of England to ensure they could recover from a...
PayPal acquires fraud prevention tech provider Simility for $120M
Payment provider Paypal, continues its acquisitions streak, paying $120m for Simility, a machine learning -based fraud prevention specialist.
The deal marks the fourth acquisition by...
MEDIA
TECHNOLOGY
UK’s all-digital-driven Starling Bank picks Moneybox for customer benefit upgrades
Banking on the capabilities of the leading investment mobile app, Moneybox, the 100% digital-based Starling Bank of UK, has announced a major upgrade into...
KeyBank’s payment solutions service to accelerate with Billtrust on board
In a strategic alliance that marks KeyBank, USA’s continuing commitment to modernize services with innovative Fintech inputs, the Board of Directors of the bank...
Sky Bank targets better Customer Service ratings; Finastra called-in for system revamp
Ukraine’s PJSC Sky Bank (Sky Bank) is singing to the good times these days.
The Kiev, Ukraine-headquartered bank is on a massive systems overhaul spree...
Thai Central Bank’s digital currency for inter-bank settlement
The Central Bank of Thailand is putting forth a new project to use bank-issued digital currency for inter-bank settlements.
Called 'Project Inthanon', the concept was...
Finn AI taps Visa developer platform for its chatbot
The Canadian virtual assistant startup Finn AI is using Visa's developer platform to expand the capabilities of its chatbot.
The startup is looking to develop...
RETAIL BANKING
Mastercard suffers outage; echoes Visa’s June incident
About a month after Visa's European outage, Mastercard encountered a similar glitch that resulted in failed card payments overnight.
The four-hour long outage hit customers...
