Tagged: banking

August 13, 2022 @ 12:59 pm By Omar Faridi  |  

ANZ Bank New Zealand Ltd has selected financial technology platform FIS (NYSE: FIS) to enhance its core banking capabilities. ANZ New Zealand will be “the first bank outside the U.S. to utilize FIS’ Modern Banking Platform, which is deployed on Microsoft Azure.” FIS’ Modern Banking… Read More

August 12, 2022 @ 3:00 pm By Omar Faridi  |  

Figure Technologies, Inc., a key player in transforming financial services through the power of blockchain tech, announced a collaboration with Visa “to provide issuing processor services via Figure’s blockchain-based Banking in a Box platform.” Visa DPS, used by financial institutions around the globe, will be… Read More

August 12, 2022 @ 11:36 am By Omar Faridi  |  

Trovata, which automates cash reporting and forecasting via wholesale (and was set for the UK, and EU launch after a $27 million round in June 2022), recently announced the appointment of Lisa Gutu as VP of Business Development and Vladimir Pintea as VP of Open… Read More

August 11, 2022 @ 12:47 pm By Omar Faridi  |  

Unit, the banking-as-a-service platform that empowers companies to embed financial services into their products, announced a partnership with Thread Bank, a digital-first bank based in Rogersville, Tennessee. Companies will now be able to “embed a complete set of banking services into their products—including accounts, cards,… Read More

August 11, 2022 @ 8:49 am By Omar Faridi  |  

The Bank of London, which claims to be the first “purpose-built” global clearing, agency, and transaction bank, recently announced its intention to expand its United States footprint by “opening its US Global Platform & Services headquarters in Charlotte, North Carolina, creating 350 new jobs by… Read More

August 10, 2022 @ 7:17 pm By Omar Faridi  |  

Global B2B payments and invoicing network TreviPay announced the launch of its Small Business Supplier Network (SBSN) across the United States, which is reportedly “the industry’s first payments network built for banks and their small business customers.” Following TreviPay’s recent launches of specialized networks for… Read More

August 9, 2022 @ 9:35 pm By Omar Faridi  |  

Neobanks are starting to really shake up the Fintech sector with their latest technologies and  business models. Sometimes called “challenger banks,” neobanks are basically Fintechs that provide financial services in an all-digital environment and/or through a mobile app, without needing physical branch locations. During the… Read More

August 8, 2022 @ 9:34 am By JD Alois  |  

ZA Bank, one of the few approved digital-only banks in Hong Kong, has announced the launch of a new investment fund service. In a company statement, Rockson Hsu, CEO of ZA Bank, stated: “Virtual banks are playing an increasingly important role under the new normal,… Read More

August 7, 2022 @ 9:27 pm By Omar Faridi  |  

SC Ventures recently revealed that it has introduced Appro, which is a Fintech that digitizes and enhances the retail banking customer experience. Supported by SC Ventures, Standard Chartered’s Fintech investment and ventures unit, the “bank-agnostic” platform intends to signifiantly reduce the time taken to finalize… Read More

August 6, 2022 @ 4:17 pm By Omar Faridi  |  

Zebra Technologies (NASDAQ: ZBRA), an innovator at the “front line” of business with solutions and partners that deliver a “performance edge,” recently announced that First Tech Federal Credit Union has selected Reflexis for Banking “to increase staff effectiveness and productivity and to elevate customer service.” First… Read More

August 4, 2022 @ 11:49 pm By Omar Faridi  |  

Alloy, which claims to be the leading Identity Decisioning Platform for banks and fintech companies, announced its global expansion. Alloy’s platform for fraud and risk decisions is “available in 40 countries across North America, EMEA, LATAM, and APAC.” Alloy claims it already “has an established… Read More

August 4, 2022 @ 10:07 pm By Omar Faridi  |  

New announcements mark another benchmark underscoring Compliance.ai‘s leadership in providing RCM solutions “for the banking, financial services and insurance industries.” The company has “secured $6 million of funding with existing investor Cota Capital and new investment partner JAM FINTOP to support market growth.” John Philpott,… Read More

August 3, 2022 @ 10:33 pm By Omar Faridi  |  

Synctera, a Fintech platform helping innovators bring financial products to market more efficiently, has launched Ground Control, which is described as an “an end-to-end banking and compliance operational support program for developers and builders of financial products.” Ground Control is “a complimentary service that helps… Read More

August 3, 2022 @ 8:29 pm By Omar Faridi  |  

Savana, a financial software for banks and fintechs, announced the closing of a $45 million Series A round led by Georgian, a growth-stage investor based in Toronto, Canada. The funds will be “used to drive continued growth of Savana’s core-agnostic Digital Delivery Platform, ramp up… Read More

August 2, 2022 @ 10:57 pm By Omar Faridi  |  

Alif, a Central Asian Fintech operating as a “full-fledged” Bank in Tajikistan and as e-commerce and Fintech company in Uzbekistan, has announced “a record 150%+ year-on-year revenue growth in the 12 months leading to June 2022.” During the same period, the total number of Alif… Read More

August 1, 2022 @ 10:40 am By JD Alois  |  

Grasshopper, a digital bank serving small businesses, including startups, has raised an additional $30.4 million. This brings the total raised to date to $160 million. Grasshopper was approved by the Office of the Comptroller of the Currency for a De Novo charter in May 2019…. Read More

July 31, 2022 @ 9:17 pm By Omar Faridi  |  

Ageras Group—whose suite of financial and accounting software powers more than one million small businesses across Europe and North America—announced that it has acquired Kontist, a Berlin-based neo-bank “focused on the complex accounting and banking needs of Germany’s growing populations of microbusinesses and self-employed workers.”… Read More

July 30, 2022 @ 6:27 pm By Omar Faridi  |  

Computer Services, Inc., a provider of end-to-end fintech and Regtech solutions, announced that Virginia-based Movement Bank has “selected its NuPoint® core platform to provide customers with integrated, reliable core banking services.” Movement Bank, with locations in Virginia and the Carolinas, “focuses on serving communities that… Read More

July 30, 2022 @ 10:24 am By Omar Faridi  |  

NCR Corporation (NYSE: NCR), an enterprise technology provider, announced a strategic relationship with the Bank of New Zealand (BNZ), one of the largest banks in the country. Through its NCR ATM as a Service solution, NCR will “run the bank’s ATM fleet as part of… Read More

July 28, 2022 @ 11:47 pm By Omar Faridi  |  

Temenos (SIX: TEMN) and Wipro Limited (NYSE: WIT) announced an expanded partnership “to help banks of every size accelerate their modernization journey.” This expanded partnership will “enable banks across varying scales to accelerate their go-to market strategies in regions including the United States, the U.K… Read More