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  • AWS to accompany BBVA on digital journey

    BBVA has announced a global cloud computing deal with Amazon Web Services (AWS). One of several agreements that the Spanish FI is forging with strategic providers, this will see AWS become its preferred cloud infrastructure services provider. “The digital transformation …
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  • JP Morgan sells up Chinese venture stock to rethink strategy

    JP Morgan is selling up its stake in JP Morgan First Capital Securities, apparently sick of holding a minority share in the Chinese venture. The move, according to people in the know talking to Bloomberg, is a signal of intent …
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  • SecureKey locks down .5m in funding

    Biometric security company SecureKey has raised $20.5 million in growth capital, which it will use to fund the rollout of a new digital identity network in Canada. The new model has “substantial input” from several banks in the country, who …
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  • Banking technology week in review

    IBS Journal brings you the week’s most popular banking technology stories… Ripple CEO: next President must seize FinTech moment Payments veteran joins Comcarde Russian government teams up with Sberbank for blockchain system tests wallet service suffers DNS hack United …
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  • Ecobank signs landmark Masterpass deal

    Ecobank has inked a Memorandum of Understanding (MoU) with Mastercard to roll-out its Masterpass mobile payment offering across 33 African countries. The FI says that the agreement will enable it to achieve its 100 million customer ambition by 2020. This …
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  • Wa! and Fivory become one

    Wa! and Fivory, the French mobile wallets developed respectively by BNP Paribas and Carrefour, and Crédit Mutuel, Auchan, Mastercard, Oney and Total, are merging. A new brand name is set to be released by the end of the year and the new …
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  • UBS to roll-out Arago AI tech

    UBS is implementing Arago’s artificial intelligence platform HIRO to increase efficiency and effectiveness while retaining knowledge within the IT department of its support organisation UBS Global Production Services. The Swiss wealth manager inked a multi-year contract following a trial of …
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  • Capital One claims an Alexa first

    Earlier this year, Capital One became the first company to offer its customers a way to interact with their financial accounts through the Amazon Echo smart speaker system. The device deploys a voice-command service called Alexa (Amazon’s version of Apple’s …
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  • R3 tests blockchain but with a twist

    Blockchain consortium R3 and 12 of its member banks, including Barclays, BMO Bank of Montreal and Santander, have trialled Ripple’s distributed financial technology and the potential to scale liquidity and reduce the costs and inefficiencies of interbank cross-border payments. Whilst …
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  • BoA Merrill Lynch taps ModoPayments hub

    Bank of America Merrill Lynch and ModoPayments have announced a strategic relationship that will give the bank access to Modo’s COIN operated digital payments hub. This will enable its clients to connect with multiple emerging payment networks and also extend …
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  • Current Account Switch Service latest

    The latest figures for the UK Current Account Switch Service are in, and yet again it’s a case of ‘OK, but must do better’. 802,036 switches have taken place since January, an increase of 3% compared to the same period …
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  • Worldpay Total service launched in US

    Worldpay has launched its new Worldpay Total service, which aims to bring omni-channel payments systems onto a single development platform, in the US. The system features a developer centre with APIs and SDKs available for Windows, iOS and Android. Pre-certified payment …
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  • Indian banks recall cards after damaging ATM breach

    India’s largest banks, including State Bank of India HDFC Bank, ICICI Bank, Yes Bank and Axis Bank, have been forced into recalling millions of debit cards following revelations that an ATM-specific malware strain may have been infecting machines across the country …
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The Future of Digital Banking

Understanding the main challenges and the roadmap ahead

A comprehensive review of the changing model of banking, drivers and trends in digital banking and the emerging roadmap is covered in detail in this new report from IBS Intelligence. Alongwith an analysis of over 48 FinTech players across internet & mobile banking, cloud service, mobile wallet, payment gateway, Big data and security providers.

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