Banking Infrastructure

Blackhawk Network taps Moneyhub for compliance and open banking solutions

Payment provider Blackhawk Network has picked open finance data and intelligence platform Moneyhub to deliver its compliance with the open banking standards.

32 rounds raised in the last week that could add some optimism despite Covid-19

From InsurTech to RegTech, the last week showed that some sectors may be able to benefit from the coronavirus crisis.

Ascent teams up with IBM to help businesses reach their compliance targets

AI-powered compliance company Ascent has partnered with IBM, which will see the RegTech integrate its solutions in an effort to help financial institutions keep abreast of ever-changing regulatory requirements.

Challenger bank Knab taps facial biometrics company iProov for its customer authentication services

Dutch online bank Knab prides itself on supplying a human service backed by the latest technology. To that end, it has just teamed up with biometrics company iProov.

BIS Innovation Hub to launch four new centres in Toronto, London, Paris and Stockholm

The Board of the Bank for International Settlements (BIS) is going to open four more BIS Innovation Hub centres across North America and Europe.

Pockit customers’ accounts frozen because of the Wirecard scandal

Challenger bank Pockit has been forced to freeze all customers' accounts because of the Wirecard scandal and tells users to go to local welfare assistance schemes if they can't pay for their essentials.

Holvi cards suspended because of the Wirecard scandal

Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.

Only 14 out of 21 digital banking applications approved by MAS

The Monetary Authority of Singapore (MAS) has rejected eight out of the 21 digital banking applications submitted by the beginning of the year, but more are heading for the chopping block.

Mobile app flaws could leave half of mobile banks at risk of fraud

Over half of bank mobile apps could leave companies and their clients exposed to fraud, according to a new report.

Revolut unveils open banking feature for retail and business customers in Ireland

Neobank Revolut boasts having over one million retail and business customers who can from now on enjoy the FinTech unicorn's new open banking feature.

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