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Finastra goes on a job cutting spree

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EXCLUSIVE: Finastra, which emerged earlier this year from the combination of two banking tech vendors, D+H Corporation and Misys, has made a number of job cuts across its operations.

Top fintech stories this week – 15 September 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Infographic: UK’s cloud computing job market

cloud computing job market

According to a study by the International Data Corporation (IDC), investment in cloud computing is expected to grow at over six times the rate of IT spending by 2020. Job meta-search engine Joblift has analyse the state of the UK’s cloud computing job market and found that, in line with the rise in investment, cloud computing vacancies have risen by over 7% on average monthly.

Startupbootcamp InsurTech seeks storming start-ups

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London-based accelerator Startupbootcamp InsurTech is on the search for the next wave of insurance-inspired start-ups to “take the industry by storm”. Startupbootcamp InsurTech says the process of searching for and purchasing something on Amazon or booking peer-reviewed accommodations in a different country at the touch of a finger, condition people to “expect this fluidity and […]

UK to get New Payment Systems Operator by year’s end

PSR calls for more competition in payments

The Payment Systems Regulator (PSR) and Bank of England (BoE) have revealed that the UK will be getting the New Payment Systems Operator (NPSO) by the end of 2017. The duo says that the Payment System Operator Delivery Group (PSODG) has completed the necessary steps to deliver what was asked and so with the NPSO […]

UK banks simplify accounting for SMEs

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We have a double delight as Sage and Lloyds, and Xero and Santander are making accounting simpler for UK SMEs. Sage, a cloud accounting, payroll and payments solutions software provider, says Lloyds Bank is the latest in a line of banks to go live with its Bank Feeds service. The service helps businesses by enabling […]

QAWorks acquired by DevOps firm ECS Digital

QAWorks

QAWorks, a UK-based technical software testing company, has been taken over by DevOps specialist ECS Digital.

UK challenger banks: who’s who (and what’s their tech)

UK challenger banks: who is who

With so many new entrants trying to muscle into the UK banking sector, Banking Technology has put together a comprehensive list of the known challengers to date and the technology they are using. We’ll be revisiting and updating this list on a regular basis. If you have any additions to the list, please get in touch […]

FCA ICO uh-oh

FCA keen to explore regtech

The UK’s Financial Conduct Authority is warning consumers about the risks of initial coin offerings (ICOs). ICOs have proved very popular in the worlds of blockchain and cryptocurrency, which many funding stories flowing on a regular basis. However, last month, BBVA reckoned the fever for ICOs in blockchain must be cooled as the industry is […]

Come over to my Marketplace says Starling Bank

starling bank

UK-based challenger bank Starling has gone live with its Marketplace, a new ecosystem of financial products accessible through its app. As reported in June, Starling said it would launch Marketplace at some point. This idea was first discussed back in April, when its developer portal went live. Now the marketplace is alive and kicking and […]

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