Tagged: banking

December 27, 2022 @ 9:48 am By Omar Faridi  |  

Cogni, the lifestyle-focused banking platform bridging the gap between Web2 and Web3, has announced the launch of its new Multi-Chain Wallet, the first of its kind “to integrate Web3 services within a traditional Web2 banking platform.” This integrated, non-custodial wallet “couples accessibility with security in… Read More

December 24, 2022 @ 1:19 pm By Omar Faridi  |  

SavvyMoney, the provider of innovative credit score solutions, and Alkami, the provider of cloud-based digital banking solutions for banks and credit unions in the U.S., recently signed their 100th shared customer, a key milestone in their expanding partnership. Since its launch in 2019, the number… Read More

December 22, 2022 @ 10:47 pm By Omar Faridi  |  

Payments and API banking solutions company, Cashfree Payments is now offering one of India’s “widest” ‘Buy Now Pay Later’ (BNPL) suite. Cashfree Payments’ BNPL suite will “enable online businesses to provide customers with over 30 flexible financing options during checkout.” The company has “launched its… Read More

December 22, 2022 @ 9:33 am By JD Alois  |  

FinWise Bank has selected Finastra to power its core banking platform. Finastra is a global software provider for digital banking services. FinWise banks is based and Utah and touts its relationships with Fintechs in the US. FinWise said the new tech will help its offerings… Read More

December 22, 2022 @ 8:51 am By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced its client, Ideal Credit Union, has launched the Segmint data and marketing solution via the Alkami Platform “to provide a powerful new way for it… Read More

December 22, 2022 @ 8:45 am By Omar Faridi  |  

Group-IB, which claims to be one of the global cybersecurity leaders, has presented its findings about Godfather, an Android banking Trojan that is currently being utilized by cybercriminals “to attack users of leading banking and crypto exchange applications in 16 countries.” To date, Godfather has… Read More

December 20, 2022 @ 11:06 am By Omar Faridi  |  

Green Dot Corporation (NYSE: GDOT), a digital bank and fintech enabling powerful banking and payment solutions for businesses and consumers, and Wealthfront, an automated wealth management provider serving the next generation of investors, have extended their partnership that “provides seamless checking features and money movement… Read More

December 18, 2022 @ 10:43 pm By Omar Faridi  |  

Secure Trust Bank has partnered with Mastercard (NYSE: MA) in order to “offer customers more choice and convenience through open banking to repay retail finance.” Open banking empowers consumers “to access, use and benefit from their financial data, and to initiate payments between any of… Read More

December 18, 2022 @ 6:02 pm By Omar Faridi  |  

With embedded finance set to become a “quintessential” component of many industries, smaller businesses and individuals can now “have greater access to financial services than ever before owing to banking-as-a-service (BaaS),” according to an update from GlobalData. With the right partners and systems in place,… Read More

December 18, 2022 @ 1:43 pm By Omar Faridi  |  

Thought Machine, the cloud-native banking technology company, announced that Bpifrance, the French public investment bank, is “using Thought Machine’s cloud-native core banking platform, Vault Core.” Bpifrance claims it is “the first bank in France to deploy Thought Machine’s modern cloud-native core banking platform, using Vault… Read More

December 16, 2022 @ 8:25 am By Omar Faridi  |  

Paysafe’s (NYSE: PSFE) cash arm – viafintech – has started a new partnership with Germany’s third-largest bank by number of customers, ING Germany. From today, more than nine million ING customers “can make cash deposits or withdrawals from their current account at participating retailers across… Read More

December 15, 2022 @ 11:48 pm By Omar Faridi  |  

NOW Money, the GCC’s first mobile banking solution focused on financial inclusion, and ThetaRay, a provider of AI-powered transaction monitoring technology, announced a collaboration to implement ThetaRay’s cloud-based AML solution “to monitor cross-border payments and support in the prevention of financial crimes and money laundering… Read More

December 15, 2022 @ 10:43 pm By Omar Faridi  |  

Ibanera, a global banking and payments company, announced the launch of its new partnership with Cross River, a technology infrastructure provider that offers embedded financial solutions, “to power Ibanera’s digital banking platform and payments capabilities with its API driven platform and proprietary banking core.” Michael… Read More

December 15, 2022 @ 9:51 pm By Omar Faridi  |  

Cashfree Payments, India’s leading payments and API banking solutions company, is enabling eUPP (eLite Unified Payment Platform), a fee payment management system for schools and colleges, “to offer an instant and secure fee payments experience for end users.” Currently, through this partnership, “more than 500… Read More

December 15, 2022 @ 8:04 am By Omar Faridi  |  

Zurich-based digital financial services provider, bob Finance, has successfully migrated its full lending portfolio to Mambu’s cloud-native banking platform. This migration “included a move to a locally-based Google Cloud.” bob Finance is “a branch of Valora Schweiz AG, the leading provider of Foodvenience in Switzerland.”… Read More

December 14, 2022 @ 11:05 pm By Omar Faridi  |  

Azentio Software, a Singapore-headquartered technology firm owned by funds managed by Apax Partners, announced that National Bonds, the UAE’s Shariah-compliant savings and investment company owned by the Investment Corporation of Dubai, has “selected Azentio’s Islamic Banking solution, iMAL, to support its quest to improve process… Read More

December 14, 2022 @ 11:06 am By Omar Faridi  |  

Extend, a virtual card and spend management platform, announced a partnership with HSBC (NYSE: HSBC), one of the world’s largest banking and financial services organizations. HSBC will offer Extend solutions “to its commercial card clients in the U.S. to help companies manage spending with the… Read More

December 11, 2022 @ 4:27 pm By Omar Faridi  |  

Quantum Computing Inc. (QCI) (NASDAQ: QUBT), a key player focused on accessible full stack quantum solutions, announced that it will work together with Rabobank, which claims to be one of the world’s largest banks in its sectors, “for a project to demonstrate the application of… Read More

December 10, 2022 @ 6:30 pm By Omar Faridi  |  

Amid an increased demand for wealth lending generally and securities-based lending (SBL) specifically, global Fintech, Broadridge Financial Solutions, Inc. (NYSE: BR) announced a partnership with IntraFi to offer “a streamlined securities-based lending service for banks, brokerage firms, and wealth management firms.” Through this partnership, IntraFi… Read More

December 7, 2022 @ 11:34 am By JD Alois  |  

Digital bank Zopa has distributed a note that they are “bucking the trend” and raising entry-level pay by around 20% as other firms are letting people go. Starting pay for entry-level positions now commences at £27,000 – an amount that Zopa states is 25% a… Read More