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  • Things worth reading: 29th May 2024

    Things we’re reading today include … Fintech N26 says regulatory action cost it ‘billions’ in lost growth (ft.com) A (not so) brief ‘criminal’ history of the ECB  – POLITICO Blockchain Technology Can Help Banks Weather Margin Pressure, Deutsche Bank Says – Bloomberg Shaping the future of Digital Banking (danskebank.com) Five Things to Watch as Synapse……

    May 29, 2024
  • What’s the future of card schemes?

    I got into a new debate yesterday, talking with two guys who are formerly with big card companies (shush, you know who), and we started debating the four-pillar model that’s been around for the last half century. The model is the basis of the card industry and involves acquiring merchants, issuing cards through banks, and then……

    May 29, 2024
  • Relay raises $32.2 million to help smaller businesses manage their cash flow

    Owners of small- and medium-sized businesses check their bank balances daily to make financial decisions. But it’s entrepreneur Yoseph West’s assertion that there’s typically information and functions missing from bank accounts that owners could really use. “SMBs make up 44% of U.S. GDP, underpin the economy and have a deep impact on all of us,”…

    May 29, 2024
  • BMO leans into cloud modernization, AI in Q2

    BMO continued to deliver on its digital-first agenda during its fiscal second quarter 2024 with AI, data and overall modernization at the forefront of its efforts.   “We’re using agile practices to accelerate time to market, deploying increasingly sophisticated data and analytics, including AI, and leveraging cloud engineering to drive modernization and deliver more, faster,…

    May 29, 2024
  • Transactions: Cache Valley Bank selects Finastra for core and digital banking

    Cache Valley Bank has selected fintech Finastra for its core banking and digital banking offerings.  The Logan, Utah-based bank will use the tech provider’s core banking platform, Fusion Phoenix, and its mobile banking platform, Fusion Digital Banking, for commercial and retail banking clients, according to a May 16 release from Finastra. Cache Valley Bank has…

    May 29, 2024
  • Do we need banks?

    I was having a candid chat with a banking friend about life, the world and money, and he asked me a series of questions: How do we change culture to meet today’s fast-moving changes? How can we be more agile? How important are partnerships? Can we work with FinTechs? How will we work with them?……

    May 29, 2024
  • Do we need banks?

    I was having a candid chat with a banking friend about life, the world and money, and he asked me a series of questions: How do we change culture to meet today’s fast-moving changes? How can we be more agile? How important are partnerships? Can we work with FinTechs? How will we work with them?……

    May 29, 2024
  • Do we need banks?

    I was having a candid chat with a banking friend about life, the world and money, and he asked me a series of questions: How do we change culture to meet today’s fast-moving changes? How can we be more agile? How important are partnerships? Can we work with FinTechs? How will we work with them?……

    May 29, 2024
  • Do we need banks?

    I was having a candid chat with a banking friend about life, the world and money, and he asked me a series of questions: How do we change culture to meet today’s fast-moving changes? How can we be more agile? How important are partnerships? Can we work with FinTechs? How will we work with them?……

    May 29, 2024
  • Do we need banks?

    I was having a candid chat with a banking friend about life, the world and money, and he asked me a series of questions: How do we change culture to meet today’s fast-moving changes? How can we be more agile? How important are partnerships? Can we work with FinTechs? How will we work with them?……

    May 29, 2024
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