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SEB tests mob programming

Sweden’s SEB has begun experimenting with mob programming – putting an entire team of developers at the same computer at the same time to work on the same thing.

EBAday: Banks exploring new strategies in AI, data, and cloud

The afternoon of the first day of EBAday kicked off with the panel ‘How new technologies are transforming banking’ in breakout room 2. Panelists Cal Corcoran, vice president and global head of banking at Microsoft, Simone Lofgen, managing director of payments platforms at Commerzbank, Andre Martins, head of banking innovation and open finance at NTT Data, and Simone Satan, global head of digital market management and treasury services at BNY Mellon discussed AI, cloud computing, and innovative automation technologies being used to transform the payments industry in a session moderated by Graeme Jeffrey, partner at Bain & Company.

NatWest to launch BaaS business in UK

UK high street bank NatWest has teamed up with European software vendor Vodeno Group to launch a Banking-as-a-Service (BaaS) business for the UK market.

WTW to acquire Cushon from NatWest

NatWest has reached an agreement with WTW, a global advisory and brokerage company, to acquire the UK bank’s 85% stake in workplace savings and pensions fintech Cushon.