Nordea Liv and Spiff collaborate for a new social savings app


Nordea Liv, a life insurance arm of Nordea, has worked with Norwegian fintech start-up Spiff to create a new app that will motivate customers to save money to reach goals.

Standard Chartered China teams with Tencent FiT for e-commerce solution

Standard Chartered on a major cost- and job-cutting spree

Standard Chartered China is partnering with Tencent Financial Technology Group (Tencent FiT) to launch a new e-commerce solution for corporates. The deal makes Standard Chartered the “first global bank to offer a one-stop online collection solution with WeChat Pay” and combines its cash management offering with the online payment gateway. The bank says it can […]

IBM in major IoT drive with new partners

IBM working with Standard Life and ING Direct Australia

IBM has unveiled a large ecosystem initiative as it opens the doors of its new $200 million global headquarters for its Watson Internet of Things (IoT) business in Munich, Germany. BNP Paribas, Capgemini and Tech Mahindra are some of the firms who will place development teams at the IBM centre. Harriet Green, general manager, IBM […]

Swift’s global payments innovation initiative now live

New addition to Swift's network

Major global transaction banks are now live with Swift’s global payments innovation (gpi) initiative.

Japan seeks stronger ties to Iran’s central bank


Japan’s Financial Services Agency (FSA) is looking to work closer on banking supervision with the Central Bank of the Islamic Republic of Iran (CBI). The pair have exchanged letters on co-operation and the plan is to examine the performance of their respective duties for the “safe and sound functioning” of banking organisations in their countries. […]

Temenos to acquire Australian partner Rubik for $50m

Australia flag

Australia-based banking software and services vendor Rubik Financial is to be taken over by Temenos. The deal is valued at $50 million.

Hellenic Bank unveils innovation lab

innovation lab

Hellenic Bank has opened an innovation lab in its home city of Nicosia, Cyprus.

First Data and KeyBank team up for payments and merchant services


US-based First Data and KeyBank have teamed up to offer merchant services to the latter’s commercial, business and government clients across the country. The partnership will allow KeyBank to offer First Data’s entire portfolio of business tools, including the Clover platform which lets business owners accept payments, manage inventory, track sales, and access analytics and […]

New Indian virtual currency co-operative a reality


Several Indian Bitcoin start-ups have formed the Blockchain and Virtual Currency Association of India as they look to quell investors’ virtual currency fears becoming a reality. Coinsecure, Searchtrade, Unocoin and Zebpay have banded together in response to the Reserve Bank of India’s (RBI) recent circular warning people that it has not authorised dealings in or […]

New SME bank for “millennipreneurs” comes to Europe, BankUP

2016 brought us many new digital banks

BankUP, a new fintech venture based in Kontich, Belgium, looks to tap into the European SME banking market.