Tagged: banking

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

July 28, 2022 @ 10:47 pm By Omar Faridi  |  

TrueLayer, which claims to be Europe’s leading open banking platform, announced the availability of TrueLayer Payments for WooCommerce plugin, “enabling ecommerce SMBs to seamlessly add instant, secure account-to-account payments to their website.” Luxury watch retailer BQ Watches is one of “the first businesses to implement… Read More

July 27, 2022 @ 2:51 pm By Omar Faridi  |  

In an Australian banking first, retail CommBank customers will be able “to view their personalized carbon footprint within the CommBank app from early August.” The rollout to all CommBank retail customers “follows a pilot launched in October 2021, which allowed over 250,000 customers to view… Read More

July 27, 2022 @ 12:47 pm By JD Alois  |  

Fiserv, Inc. (NASDAQ: FISV), an old-school Fintech that has been offering services since about 1984, reported earnings that beat analyst expectations. Shares in Fiserv have responded positively to the news, trading higher at around $104 today, having traded at about $97 at the beginning of… Read More

July 27, 2022 @ 8:27 am By Omar Faridi  |  

Santander Corporate and Investment Banking (Santander CIB) and SAP Spain reached an strategic partnership with the aim “to boost digitalization across Global Transaction Banking services by co-innovating in solutions around the concept of invisible banking, improving client-to-bank connectivity, providing financial tools to help its clients… Read More

July 25, 2022 @ 10:57 pm By Omar Faridi  |  

Tietoevry has decided to initiate a strategic review of Tietoevry Banking, including a process “to study the potential separation into an independent company that would be listed on a stock exchange.” The aim is “to accelerate growth profile, scale and profitability of Tietoevry Banking, and… Read More

July 25, 2022 @ 8:18 am By Omar Faridi  |  

FNZ, the global wealth management platform, has acquired New Access, a specialized private banking technology firm “primarily active in the markets of Switzerland, Liechtenstein and Luxembourg.” These markets are key to “serving and administering client wealth globally and will support FNZ in delivering on its… Read More

July 24, 2022 @ 5:37 pm By Omar Faridi  |  

OneConnect Financial Technology Co., Ltd, the technology-as-a-service provider and an associate of Ping An Group, recently announced the launch of OneCosmo, a “one-stop” omni platform for all-in-one digital banking solutions jointly “developed with Brazil-based tech company Pismo, one of the fastest growing banking Software-as-a-Service (SaaS)… Read More

July 24, 2022 @ 1:44 pm By Omar Faridi  |  

Moneyhub, which claims to be one of the market-leading Open Data and payments platform, is teaming up with Pennyworth, a financial planning and banking app, “to redesign digital banking for the aspiring-affluent consumer.” Pennyworth, which has applied for a UK banking license, has “developed a… Read More