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Tuesday, November 20, 2018

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DNB partners with Collibra for data-powered customer service

Norway-based DNB Bank is teaming with Collibra, an enterprise data governance and data cataloging software specialist. With the partnership, DNB aims a broader group-wide focus on deploying...

BUSINESS

Stripe lands $20bn valuation with new $245m funding

Payments technology company Stripe gains a $20bn (£15bn) valuation after the $245 million funding round led by Tiger Global Management. With investors like DST Global...

Wells Fargo to cut up 26,500 jobs in the next 3...

Struggling to overcome the rise of online banking and soaring legal bills, Wells Fargo decided to cut as much as 26,000 jobs over the...

PAYMENTS

SECURITY

Sibos 2018: Superpowers for banks to solve financial crimes

Day two Sibos session on financial crime compliance focused on the myth that technologies will replace people when it comes to solving money laundering...

Danske Bank, Nykredit back Copenhagen fintech accelerator

Teaming up with Danish financial service company Nykredit, Danske Bank backing a new Copenhagen fintech accelerator designed to attract global talent to the Nordic...

TransferWise revamps overseas business account

TransferWise has revamped their overseas business account for including a debit card,  integrating with accounting platform Xero and an API for the development of third-party...

ABN Amro to raise fees for ‘manual’ payments processing

As part of encouraging digital banking, ABN Amro is planning to charge a raised fees for its business clients who use payment services involving...

Sibos 2018: Payments Canada selects SIA for new high-value payment system, Lynx

Payments Canada has selected SIA as the application provider for it's new high-value payments system, Lynx. At the third and final day of the annual Sibos...

Sibos 2018: Microsoft and SWIFT partners for Azure cloud native payments

Technology giant Microsoft has announced its cloud partnership with financial messaging service provider SWIFT, to host its infrastructure and native payments on Microsoft Azure. With the partnership,...

MEDIA

TECHNOLOGY

HSBC rolls out single platform for business and personal banking

HSBC has introduced a new banking service dubbed HSBC Fusion, through which customers can manage both their small business and personal accounts on a...

Akbank’s mobile facial recognition receives consumer consent

Turkey-based Akbank's facial recognition technology is reported to be widely popular, with 250,000 customers already using the feature to unlock their mobile banking app. Claiming to be...

Paypal’s TIO network data breach strikes 1.6 million

In a shocking disclosure, PayPal has revealed that the foremost confidentials of approximately 1.6 million customers has been found on its subsidiary, TIO Networks. Subsequently, the network,...

Sberbank, 500 Startups partners to launch Russian IT accelerator program

Sberbank and international accelerator 500 Startups are launching a joint development programme for Russian IT start-ups working in areas of fintech and e-commerce. After a...

Messaging app Line to launch cryptocurrency

Popular Japanese messaging app Line is introducing a brand new cryptocurrency called Link, which will be given as rewards to the 200 million users of...

RETAIL BANKING

DNB partners with Collibra for data-powered customer service

Norway-based DNB Bank is teaming with Collibra, an enterprise data governance and data cataloging software specialist. With the partnership, DNB aims a broader group-wide focus on deploying...

WHOLESALE BANKING

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