Tagged: banking

April 28, 2023 @ 8:26 am By Omar Faridi  |  

Bitpanda are pleased to announce that Raiffeisenlandesbank NÖ-Wien, which forms part of Austria’s major banking group, has become the first major traditional bank in the European Union “to move into digital assets through a planned collaboration with Bitpanda Technology Solutions.” Since launching their digital Investment-as-a-Service… Read More

April 26, 2023 @ 11:17 pm By Omar Faridi  |  

Dukascopy Bank and Clear Junction have partnered in order “to provide licensed electronic money institutions and payment institutions with a one-stop solution that satisfies their banking and payment needs.” The partnership demonstrates “how different organisations can work to complement one another.” For some time now,… Read More

April 25, 2023 @ 10:13 pm By Omar Faridi  |  

Backbase has reportedly been certified as carbon neutral according to The CarbonNeutral Protocol, the global framework for carbon neutrality. Working with Climate Impact Partners, specialists in carbon market solutions for climate action, Backbase claims it “has offset its independently verified 2022 carbon emissions of 7,029… Read More

April 25, 2023 @ 8:19 pm By Omar Faridi  |  

Maybank & Maybank Islamic have launched the You Save & Pledge, We Donate #ForYou campaign, which is described as “a unique, first-of-its-kind savings campaign that offers customers both the opportunity to win cash prizes as well as a chance to donate to charitable organizations.” This… Read More

April 24, 2023 @ 11:49 am By Omar Faridi  |  

Open finance firm Brankas has announced a new integration that will allow MPT DriveHub app users in the Philippines to reload using their active Philippine bank accounts. MPT DriveHub users can now “choose from a wider range of reloading options as they top up their… Read More

April 22, 2023 @ 3:56 pm By Omar Faridi  |  

Feedzai, which claims to be the world’s first RiskOps platform for financial risk management, has released its latest report – The Human Impact of Fraud and Financial Crime on Customer Trust in Banks. The report, “based on research of 4,000 consumers in the UK and… Read More

April 22, 2023 @ 2:54 pm By Omar Faridi  |  

Commonwealth Bank is expanding its range of green financing to support home loan and personal loan customers “to enhance the energy efficiency of their homes, and purchase electric and hybrid vehicles.” The Green Loan is described as being “a low, 10-year secured fixed rate and… Read More

April 22, 2023 @ 11:26 am By Omar Faridi  |  

Revolut, a digital bank that reports over 27 million retail customers worldwide, has announced a successful finalization of “a direct connection to Single Euro Payments Area (SEPA) financial network.” By joining more than 3000 financial institutions including the world’s biggest banks already participating in SEPA,… Read More

April 20, 2023 @ 3:44 pm By Omar Faridi  |  

BankiFi, which claims to be a leading provider of embedded banking solutions, has appointed Lindsay Hodges “as their new Director of Product Management and Client Success for the Americas.” Hodges’ addition to the team is reportedly “one of the latest efforts in BankiFi’s dedication to… Read More

April 18, 2023 @ 2:08 pm By Omar Faridi  |  

Finastra announced that Plaid, the open finance provider, is now integrated within Finastra’s Fusion Digital Banking platform. The partnership, delivered via Finastra‘s FusionFabric.cloud open APIs, “provides financial institutions of all sizes within the Finastra ecosystem with account verification tools, making it easier and more secure… Read More

April 18, 2023 @ 7:57 am By JD Alois  |  

Goldman Sachs (NYSE:GS) is taking a beating in pre-market trading as earnings missed on the top line according to anaylist expectations. Goldman reported Q1 2023 net revenue of $12.22 billion and net earnings of $3.23 billion. Earnings per share (EPS) came in at $8.79. The… Read More

April 17, 2023 @ 5:28 pm By Omar Faridi  |  

Volante Technologies, the global firm focused on cloud payments and financial messaging,  announced that it is empowering SouthState Bank “to deliver faster and more flexible payment options to its one million customers via The Clearing House RTP platform and Federal Reserve Financial Services’ FedNow Service.”… Read More

April 17, 2023 @ 8:30 am By Omar Faridi  |  

The European Investment Bank (EIB) is granting a €100 million loan to illimity which, in turn, “undertakes to invest an additional €100 million for small businesses through b-ilty, the illimity Group’s digital bank.” As noted in the update, 30% of the resources will be “channeled to… Read More

April 15, 2023 @ 7:06 pm By Omar Faridi  |  

Coupa, a global player focused on Business Spend Management (BSM), and Goldman Sachs Transaction Banking (TxB), a digital-first, cloud-based bank provider, announced a joint initiative “to simplify payment processes between businesses and their global supply chains.” Making payments between businesses “is fraught with operational challenges… Read More

April 14, 2023 @ 12:04 pm By JD Alois  |  

Regions Bank (NYSE:RF), a large regional bank based in Alabama, has selected Temenos (SIX: TEMN) to update its banking platform, bringing it into the Fintech era. Regions Bank has approximately $155 billion in assets, ranked at 227th in the US for consolidated assets as of… Read More

April 13, 2023 @ 4:18 pm By JD Alois  |  

KeyBank (NYSE:KEY) will see its digital banking product receive an upgrade as Quolo has announced that it will power KeyBank’s banking services, including payment solutions, virtual accounts and more. As a KeyBank customer, it has been a pretty rough ride, so expectations are pretty high… Read More

April 13, 2023 @ 1:34 pm By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) announced it has made a series of enhancements to its risk technology platform, which is widely “used by the banking and broker-dealer community to manage liquidity and market risk.” The upgrades will “help firms better navigate extreme market conditions, providing a live… Read More

April 10, 2023 @ 10:52 pm By Omar Faridi  |  

Pairing Mambu’s cloud-native core banking infrastructure with Bitpanda’s 24/7 trading platform makes it easier for financial institutions globally “to provide investment capabilities to their customers.” Bitpanda Technology Solutions, the European Investment-as-a-Service platform, has partnered with SaaS (Software-as-a-Service) cloud banking platform Mambu “to provide financial institutions… Read More

April 10, 2023 @ 6:33 pm By Omar Faridi  |  

NYMBUS, a provider of banking technology solutions, announced Vantage West Credit Union has chosen its Launch product “to deliver a niche financial brand that is primed to reach new Member segments and grow revenue that it can reinvest back into the communities they serve.” Arizona-based… Read More

April 9, 2023 @ 6:59 pm By Omar Faridi  |  

Backbase, the global fintech focused on Engagement Banking, has partnered An Binh Bank (ABBANK) to transform the banking experiences “for millions of Vietnamese customers.” Supported by their local partner CMC Technology and Solution, Backbase will deliver the full suite of the Engagement Banking Platform, “which… Read More