Tagged: banking

June 25, 2023 @ 12:35 pm By Omar Faridi  |  

Research from Vodeno/Aion Bank has recently revealed just how embedded banking adoption is “significantly boosting brand loyalty for companies, with consumers more likely to use embedded banking products from brands as a result of the cost-of-living crisis.” The European Banking-as-a-Service (BaaS) provider’s study “revealed that… Read More

June 24, 2023 @ 10:37 am By Omar Faridi  |  

Account-to-account (A2A) payment infrastructure provider, Token.io, announces the launch of its virtual settlement accounts, enabling payment providers to unlock the full potential of ‘Pay By Bank’ for ecommerce. Token.io’s new virtual accounts solution will “provide payment providers with real-time notification of settlement as they collect… Read More

June 23, 2023 @ 7:29 pm By Omar Faridi  |  

Backbase, the Engagement Banking leader, is bringing additional convenience to bank customers and credit union members with features from the Entrust Digital Card Solution. Leveraging push provisioning from Entrust, Backbase now “enables end customers to securely add their payment cards to third-party wallets like Apple… Read More

June 23, 2023 @ 11:06 am By Omar Faridi  |  

Xapo Bank, a “fully licensed” private bank that combines traditional banking with the utility of Bitcoin and stablecoins, announced that it will begin accepting members across South Asia, including India, “making its full suite of hybrid banking services and the financial opportunities they present accessible… Read More

June 22, 2023 @ 3:55 pm By Omar Faridi  |  

LHV Bank, a banking services provider to Fintech companies, has been selected by Montonio, a “rapidly growing” e-commerce checkout solution provider, to enhance its merchant services. LHV Bank’s robust API-driven infrastructure “will serve as the backbone for Montonio’s enhanced customer experience.” With LHV Bank’s suite… Read More

June 21, 2023 @ 11:17 pm By Omar Faridi  |  

Bluevine, the provider of small business banking solutions, today announced the appointment of Kevin McLaughlin as the company’s new Senior Director of PR & Communications. McLaughlin is said to be “a seasoned communications leader and marketing strategist with significant expertise supporting financial services and technology… Read More

June 21, 2023 @ 7:51 am By Omar Faridi  |  

Mambu has strengthened its presence in Thailand with the appointment of a new in-country team, led by Woratep Yunyongkul as Country Manager and Wiwat Masuchun as Regional Partner Manager. With extensive experience in banking and technology fields, the new Mambu Thailand team is poised “to… Read More

June 21, 2023 @ 7:49 am By Omar Faridi  |  

Deutsche Bank AG (ETR: DBK) has reportedly submitted an application for obtaining regulatory clearance to serve as a digital asset custodian, based in Germany, the bank revealed on Tuesday (June 20, 2023). As first reported by Bloomberg, this latest development from Deutsche Bank comes only… Read More

June 20, 2023 @ 9:23 pm By Omar Faridi  |  

TransBnk, the Mumbai-based Fintech startup, has successfully raised $1 million in seed funding. The investment round was “led by 8i Ventures, the early stage India-focused VC fund known for its notable successes in the fintech space, including M2P, Slice, Easebuzz, amongst others.” Other contributors to… Read More

June 19, 2023 @ 11:24 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman. This partnership marks “a significant stride in Mastercard‘s ongoing commitment to advancing digitalization in the payments landscape throughout the… Read More

June 19, 2023 @ 11:44 am By Omar Faridi  |  

Sylon Asesores, a registered investment advisor launches Rivium, in collaboration with Alpaca‘s advanced brokerage technology. This provides Mexican investors “with a user-friendly app that delivers a comprehensive and customized banking and investing experience.” The platform reportedly “offers diverse investment products, including individual stocks, fractional shares,… Read More

June 18, 2023 @ 6:40 pm By Omar Faridi  |  

Citi Treasury and Trade Solutions (TTS) and Pismo, the next-gen banking and payments software company, jointly announced their relationship in which Citi will use Pismo’s technology platform to help strengthen Citi’s corporate demand deposit accounts (DDA), to clients worldwide. Citi TTS continues “to migrate its… Read More

June 18, 2023 @ 12:33 pm By Omar Faridi  |  

WeLab Bank, which claims to be the most innovative bank in Hong Kong, announced the expansion of its wealth management services with the launch of their new Featured Fund Platform. WeLab Bank ventured into wealth management business last year, “pioneering a personalized and intelligent investment… Read More

June 18, 2023 @ 9:42 am By Omar Faridi  |  

Hexaware Mobiquity, a digital consultancy that designs and delivers innovative digital products and services for the world’s leading brands, released the results of the firm’s annual Global Benchmark for Sustainable Banking Report. This third iteration of the report “surveyed 600 C-suite banking executives across the… Read More

June 18, 2023 @ 7:27 am By Omar Faridi  |  

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), a global banking leader, will use AWS “to deliver advanced analytics and data services in the cloud, taking a decisive step in its data and… Read More

June 16, 2023 @ 11:22 am By Omar Faridi  |  

Backbase, the global firm focused on Engagement Banking software, announced its acquisition of Nucoro, the UK-based digital wealth platform for an undisclosed amount. The acquisition will allow Backbase “to incorporate Nucoro’s headless platform capabilities directly into the Backbase Engagement Banking platform, enabling its customers to… Read More

June 16, 2023 @ 10:51 am By JD Alois  |  

Italian bank Intesa Sanpaolo has launched a new digital bank Isybank. “With the launch of Isybank, the digital transformation of Intesa Sanpaolo continues, which sees this project as one of the pillars of the 2022-2025 Business Plan”, said Carlo Messina, Managing Director and CEO of… Read More

June 16, 2023 @ 9:21 am By Omar Faridi  |  

Digital bank Zopa has appointed Peter Donlon and Kate Erb as CTO and COO respectively, pending regulatory approval. Peter and Kate add significant technology and operations experience “to Zopa’s leadership roster as the company matures and enters its next stage of growth to become Britain’s… Read More

June 15, 2023 @ 11:29 pm By Omar Faridi  |  

The team at Yapily has hired Tanya Ziv as Chief Operating Officer (COO) to lead operations and strengthen their position as the leading open banking platform in the UK and Europe. With over 15 years of experience leading compliance and risk departments in the fintech… Read More

June 15, 2023 @ 6:08 pm By Omar Faridi  |  

Biz2X is pleased to announce its new Account Opening product. This “breakthrough” technology reportedly “allows banking clients to quickly and efficiently open new deposit accounts, enabling faster funding for borrowers. ” New small and medium-sized businesses (SMBs) are “cropping up every day.” The integration of Biz2X’s… Read More