Nova Credit and RBC to Support Frictionless Financial Start for Newcomers to Canada

As Canada continues to welcome significant numbers of immigrants this year, Royal Bank of Canada (RBC) is committed to being their bank of choice by creating tools and resources designed to improve newcomer arrival experiences. RBC is announcing the launch of Global Credit Connect with… Read More

Philippines: Central Bank Emphasizes Digitalization in Rural Bank Operations

The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, highlighted the importance of digitalization in enhancing rural bank operations during the Rural Bank Strengthening Program (RBSP) Technology and Innovation Forum. BSP Governor Eli M. Remolona, Jr. said the forum aimed to address… Read More

Proposed Changes to Canadian Payments Act to Expand Payments Canada’s Membership Receives Royal Assent

Lisa Sattler, Director of Policy and Government Relations at Payments Canada, is pleased to share that the proposed changes to the Canadian Payments Act (CP Act) in order “to expand Payments Canada’s membership have received Royal Assent, the final step required for a bill to… Read More

Airwallex for Startups Launches in Singapore to Assist Local Startups

Amid increasing positive sentiment about the business climate1, Airwallex has launched its ‘Airwallex for Startups’ program in Singapore to further empower the city-state’s community of over 55,000 startups. The program aims to empower startups “to grow and scale their businesses, offering them tips and tools… Read More

nCino Introduces Banking Advisor, a GenAI Solution to Support Efficiencies at Financial Institutions

nCino, Inc. (NASDAQ: NCNO), a firm focused on cloud banking for the global financial services industry, made generally available its new artificial intelligence (AI) solution, Banking Advisor. nCino’s Banking Advisor is said to be “a banker-focused, conversational co-pilot tool that provides financial institutions a modern… Read More

Brankas and Global Finteq to Launch Lending as a Service Platforms in the Philippines

Brankas and Global Finteq announced a partnership to launch one of the first Lending-as-a-Service (LaaS) platforms in the Philippines. Established banks, rural banks, and even non-traditional financial institutions are “now able to lend at scale as existing loan products can now exist outside of the… Read More

Borrowell Launches Credit-Building Tool for Renters

This week, Borrowell, a Canadian company, launched a program allowing renters to report up to 24 months of past rent payments to Equifax Canada with no landlord involvement required. By providing renters the ability to report past rental payment history, Borrowell said Canadians can finally… Read More

Galileo Survey Describes Changing Nature of Primacy for Financial Institutions

Results of a new survey commissioned by Galileo, further illustrate the shifting nature of primacy in financial services. While most consumers, 85%, say they have positive experiences with their primary financial institution, they’re using as many tools or services with other financial providers as they… Read More

Amount to Modernize Liberty Bank’s Personal Lending Infrastructure

This week, Amount, a digital origination and decisioning SaaS platform powering account opening, loan origination, and financing, unveiled a partnership with Liberty Bank to modernize its technology infrastructure to originate personal loans from within the bank for the first time. Based in Middletown, Conn., Liberty… Read More

Arroweye to Provide Customized Cards to Affiniti Finance

Arroweye Solutions, a provider of just-in-time payment cards, is now delivering custom, co-branded credit cards to Affiniti Finance and its dozens of association clients across nine industries. Affiniti, a fintech that serves small business industries across the United States, is leveraging Arroweye’s technology to enable trade association partners to… Read More

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