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Sibos 2017 opening plenary: data is the new battleground

Dave McKay, RBC

Welcome to Sibos 2017 in Toronto – bringing together 8,000+ delegates from 150 countries. And this year we have a new (or the vintage new?) theme: data. Not the “big data” though (that everyone was talking about a few Sibos conferences ago), but just data.

Oracle unleashes open API banking solution set

oracle-logo

Oracle has unveiled its array of open banking solutions as it targets banks and pushing APIs into the mainstream.

Lloyds Banking Group in major paytech overhaul with SAP

Lloyds in paytech overhaul with SAP

UK-based Lloyds Banking Group is modernising its payments technology for corporate and institutional clients with SAP. The bank has signed for SAP’s cash management and payments platform, powered by SAP HANA.

Top fintech stories this week – 13 October 2017

Banking Technology logo

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

The modern trade landscape: banks and digitalisation

Digital banking era is upon us... Is there a place for humans in it?

Innovative technologies are increasingly sparking enhancements to trade processes. BNY Mellon Treasury Services’ Dominic Broom, global head of trade business development, and Joon Kim, head of global trade product, discuss how the industry – with banks at the helm – can drive forward new capabilities and help to support trade growth through digitalisation.

Lemonade platform now “open to the world” with API

Lemonade

“We’re opening up the Lemonade platform to the world!” says Shai Wininger, co-founder of Lemonade, a US-based insurtech firm.

PSD2 – the tip of an Open Banking API iceberg?

PSD2

It’s been over a year since I first blogged on the subject of open banking and it is fair to say, mainly driven through the regulatory pressures of PSD2 and the UK Competition and Markets Authority (CMA) led UK Open Banking initiative, that across Europe, much progress has been made in moving the banking industry to adopt APIs.

Nacha’s American API payments dream pushes on

Nacha 1

Nacha, the backbone for the electronic movement of money and data in the US, and its Payments Innovation Alliance (PIA), have named the first five APIs for their big payments push. The API Standardization Industry Group, created in spring 2017 and sponsored by Nacha’s PIA, is working to further efforts to standardise the use of […]

Temenos teams with MuleSoft to accelerate open banking

Temenos gains new live site in Palestine

Banking software provider Temenos has teamed up with Mulesoft, a platform provider for building application networks. The move is intended to break down barriers to the open banking initiative by facilitating API connections, reports Julie Muhn at Finovate (Banking Technology’s sister publication). As a part of the partnership, Temenos will develop a core banking adaptor […]

Snapsheet and KeyBank form virtual duet for insurance claims

KeyBank

Snapsheet, a virtual claims insurtech provider, is partnering with KeyBank for the launch of Snapsheet Transactions, a payment solution for insurance claims. Instead of insurance carriers sending claimants a cheque in the mail once a claim is settled, Snapsheet Transactions provides carriers a hub for issuing claims and expense payments. CJ Przybyl, president of Snapsheet, […]

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