Friday, December 1, 2023


Wells Fargo and Finicity sign data aggregation partnership

Finicity has inked a major data aggregation deal with Wells Fargo that will enable its customers’ data to be shared by financial apps and services. Read more:

Plugging banks’ $500bn hole

The predictions have been dire. Banks will be wiped out by nimble FinTech firms intent on luring away consumers and corporate customers. Read more:

Housing Bank Algeria in tech revamp with Infosys Finacle

Housing Bank Algeria is modernising its front-to-back office technology with Infosys Finacle. Read more:

How tech is shaking up the world of banking

Challenger banks, robo advisors and the internet of things - technology is shaking things up in the traditional banking arena. Read more:

Branchless SunTrust opens for business in Nigeria

The latest entrant to commercial banking in Nigeria, SunTrust Bank Nig. Ltd yesterday vowed to provide cutting edge banking services to its customers around the world. Read more:

German phone directory business backs FinTech startup Invoice Cycle

Fintech startup Invoice Cycle has closed a $4m seed funding round led by German phone directory business Mueller Medien group.

Signifyd pulls in $19m for e-commerce fraud prevention

Signifyd, a fraud protection provider for e-commerce businesses, has raised $19m. The round comes from Menlo Ventures, TriplePoint Capital and American Express Ventures. Read more:

Nymbus unveils first core banking system client, Chrome FCU

Christopher George, CEO of Chrome FCU, said that Nymbus’ SmartCore was “the only selection by far” to be able to help the credit union achieve its ambitions. Read more:

TCS Bancs wins AU$13.6m core banking system contract

Reserve Bank of Australia has made a decision to overhaul its core banking technology with TCS Financial Solutions’ Bancs system. Read more:

Revolut rolls out Rita the chatbot greeter

UK-based payments start-up Revolut has unveiled its “human-like” chatbot, Rita, to answer customer queries. Read more: