Chicago-based BMO Harris Bank has signed a multi-year core banking modernisation deal with FIS. BMO is a longstanding user of FIS systems The bank will deploy the FIS Modern Banking Platform to underpin expected growth in its retail banking operations. BMO is a long-standing FIS client, but will now add the vendor’s Digital One, Code … Read more
There are more than 5,000 credit unions in the United States according to the NCUA. Most of them are small with very limited budgets and capacity when it comes to technology. But the expectations of their members are changing and most want a smooth tech-enabled experience from their financial services provider no matter their size. … Read more
GrabPay, the in-app wallet of Super app Grab, recently announced that it has introduced the GrabPay DuitNow QR feature across Malaysia. The GrabPay digital wallet was reportedly the first in Malaysia to sign-up with PayNet and offer this feature which is now available across the… Read More The post GrabPay, the In-App Digital Wallet of … Read more
In Dear Luc, we answer the questions the industry’s fintech founders are too afraid to ask, and solve the problems they don’t want their VCs to know about. From regulation readiness to technology teething troubles, our start-up agony uncle, Luc Gueriane, is here to help. Luc has over seven years’ experience working with flagship fintechs like … Read more
An appeals court panel has overturned a New York ruling which allowed the state’s financial services regulator to block the ambitious “Fintech Charter”. The OCC says it is reviewing its charter process The Second Circuit Court has ruled the Office of the Comptroller of the Currency (OCC) can grant special purpose bank charters to nondepository … Read more
Alibaba-backed One97 Communications, which owns mobile payments firm Paytm, has received a green nod from its board to go public. In a letter to all its stakeholders and employees having stock options, the company said it had received in-principle approval from its board to issue… Read More The post India’s Paytm confirms getting board approval … Read more
Ata Plus, an equity crowdfunding platform and Recognized Market Operator (RMO) that has been registered with the Securities Commission Malaysia, recently revealed that it has appointed Karen Puah to serve as its Chief Operating Officer. Ata Plus is a blockchain enhanced Equity Crowdfunding online platform,… Read More The post Equity Crowdfunding Platform Ata Plus in … Read more
An interesting mix of news this week as we have many developments on the digital currency front, we have DeFi news in the mainstream media, overdraft fees are being abandoned, and of course we have IPO news and fundraises. Here are what I consider to be the top 10 most important fintech news stories of … Read more
Jack Dorsey, CEO of both Square (NYSE:SQ) and Twitter (NYSE:TWTR), has tweeted out that a digital wallet may be forthcoming from Square. The tweet was shared in advance of a presentation at the enormous Bitcoin conference taking place in Miami. Square is considering making… Read More The post Jack Dorsey Says Square Crypto Wallet … Read more
BitcoinPoint, a UK-based Bitcoin buying platform, has successfully secured more than £300,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which launched last month, quickly surpassed its initial £100,000 and has attracted nearly 940 Crowdcube investors. As previously reported, BitcoinPoint stated that its in-house software… Read More The post Update: Bitcoin Buying Platform BitcoinPoint Surpasses … Read more