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Urban FT throws Digiliti Money a life raft

Financial trouble in fintech paradise

Digiliti Money may be able to breathe a much-needed sigh of relief after a tumultuous few weeks, including declining revenues, appointing an interim CEO and the delay of its Q2 earnings report, writes Banking Technology‘s sister publication Paybefore. The Minneapolis-based company, which sells mobile financial services app technology, has an offer on the table from […]

Blockchain and Bitcoin round-up: 16 August 2017

Bitcoin coins - virtual digital crypto-currency. Accurately stacked coins, closeup, background, 3D illustration.

Blockchain and Bitcoin are flying high – literally in one case – as we now have satellites in space. Our latest round-up features Bitcoin Cash, Blockstream, Falcon Private Bank and Bitcoin Suisse. Bitcoin’s value doesn’t need to be discussed every day, but today (16 August) on the US-based Bitfinex exchange, it has been holding at […]

BBVA warns of “dangerous bubble” for blockchain ICOs

BBVA

BBVA reckons the fever for initial coin offerings (ICOs) in blockchain must be cooled as the industry is facing a “dangerous bubble” driven by speculation. ICOs are a common story in fintech at present and they allow small businesses to reach a large audience via blockchain and cryptocurrencies. (And BBVA has its own interest in […]

Samsung to power biometric authentication pilot for Bank of America

samsung 1

Samsung will launch a pilot programme that enables Bank of America (BofA) customers to log into their mobile banking app by taking a picture of their eye, reports Finovate (Banking Technology‘s sister company). According to a report from American Banker’s Penny Crosman, half of BofA’s customers are using fingerprint authentication to log into their app, […]

Alipay taps Yelp to enrich Chinese travel experience

Alipay's march across Europe continues

Alipay has inked a slew of partnerships lately. The latest deal for the Chinese app is with Yelp and connects local businesses with Chinese travelers, a move that’s likely to boost loyalty and transaction volume in one fell swoop, reports Paybefore (Banking Technology‘s sister publication). The partnership connects Yelp’s local content to millions of Chinese travelers […]

DFCU in $20m upgrade of Infosys’ Finacle core banking system

DFCU Bank

Uganda-based DFCU Bank is also upgrading its core banking software to the tune of $20 million. DFCU is moving from version 7 of its Infosys’ Finacle core banking platform to version 10.

Swift teams with TCH to drive instant payments in US

New addition to Swift's network

Hot on the heels of the US Fed’s Faster Payments Task Force final report and call for the industry to implement faster payments in the US by 2020, Swift is offering a gateway, reports Paybefore (Banking Technology‘s sister publication). The global financial messaging provider says it will provide US institutions with a gateway to The […]

White paper: digital trust is transforming online and mobile banking

Digital Trust by Vasco

Banks are beginning to re-align their internal processes and external-facing products to take advantage of, and more fully realize, the potential of digital transformation. One of the biggest challenges they come up against in this pursuit is how to balance customer experience and security. In other words, implementing a framework that accounts for all the […]

Behalf and FinWise Bank team to boost SME lending options

FinWise Bank and Behalf team up

Utah-based FinWise Bank, a subsidiary of All West Bancorp, has partnered with alternative small business lender Behalf.

SEFCU outsources core processing to Fiserv DNA

SEFCU swaps in-house legacy tech for Fiserv

SEFCU, a top-50 credit union in the US, is modernising its core processing software with Fiserv.

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