Tagged: banking

September 23, 2021 @ 8:50 am By JD Alois  |  

Temenos (SIX: TEMN) has announced a new partnership with Aion Bank and Vodeno to deliver Banking as a Service (BaaS) in Europe. Temenos is a banking software provider. Aion is a licensed bank and Vodeno is a cloud service aiding financial services firms. The company… Read More

September 22, 2021 @ 11:27 pm By Omar Faridi  |  

WLPayments has introduced its Zero Code Payments as a Service platform. The launch of the new platform has come with a containerized architecture, a server-agnostic approach, along with the integration of microservices. The result of adding these features is an adaptive and fully customizable payment… Read More

September 22, 2021 @ 10:22 pm By Omar Faridi  |  

“Alisa”, the voice assistant from Russian tech firm Yandex, is now available for Russia’s VTB Bank (MCX: VTBR). She’ll be able to inform consumers about the products, tariffs and the banking platform’s services. She can also go over loan applications and offer advice or suggestion… Read More

September 22, 2021 @ 7:37 am By Omar Faridi  |  

Nium and Weavr revealed on Monday (September 20, 2021) that they’ve formed a strategic partnership that should make Nium’s BaaS (Banking-as-a-Service) API suite accessible to Weavr’s clients. The BaaS solutions from Nium should allow them develop, deploy and run embedded banking services. Weavr aims to… Read More

September 20, 2021 @ 9:33 pm By Omar Faridi  |  

S&P Global Ratings has reportedly given Judo Bank a BBB- rating, which is a move that may have surprised one of Australia’s first banking challengers for SMBs, especially due to the “relatively short life cycle,” according to an update from The Future of Banking. In… Read More

September 20, 2021 @ 7:05 pm By Omar Faridi  |  

VTB Bank (MCX: VTBR), one of the leading universal banks of Russia, and PJSC Severstal (MCX: CHMF), a Russian firm operating in the steel and mining industry, headquartered in Cherepovets, have reportedly created an application for handling the registration of quality certificates for metal products. The… Read More

September 20, 2021 @ 2:22 pm By Omar Faridi  |  

UK-based digital bank Monzo says that it already makes it easy for clients to manage their spending and ensures that they have funds set aside for settling bills and adding to their savings. Monzo, which is under investigation for possible money laundering activity and posted… Read More

September 17, 2021 @ 11:17 am By JD Alois  |  

Popular neo-bank Revolut has become WeWork’s first customer to pay for shared space in Bitcoin, according to a public statement. Revolut will pay for its Dallas space, its largest in the US, in BTC. Revolut will lease space for more than 300 employees at WeWork… Read More

September 17, 2021 @ 10:57 am By Omar Faridi  |  

MX and Mahalo Technologies have announced a new partnership. Through their partnership, the companies will aim to provide financial data solutions, insights and actionable tools to credit unions. They will also focus on supporting members to become financially independent. MX, which is the financial data… Read More

September 16, 2021 @ 7:54 am By Omar Faridi  |  

ForwardAI, a Fintech firm offering aggregated access to business and accounting data and analysis, has introduced PreciseMatch, which is described as an intelligent transaction mapping technology that “automatically cross-validates accounting systems with synced banking accounts, allowing for smarter, more efficient small business lending decisions.” Banking… Read More

September 14, 2021 @ 10:10 pm By Omar Faridi  |  

The National Database and Registration Authority (Nadra) in Pakistan has added contactless biometric verification services for the nation’s banking and payments sector, making the Asian nation one of the first in the world to introduce the tech on a State-wide level. As first reported by… Read More

September 14, 2021 @ 7:31 am By Omar Faridi  |  

MoneeMint, an “ethical” financial services provider has announced the launch of MoneeMint Labs for customers in the UK and Europe. Recently, MoneeMint had acquired funding from private equity firm Ground One Ventures for the “purpose of acquiring a robust and dynamic core banking system to… Read More

September 14, 2021 @ 7:26 am By Omar Faridi  |  

BankWise Technology has unveiled Happy Banker, a software service for banking institutions and credit unions that makes use of the FIS Horizon core system for their banking requirements. As first reported by Finextra, these modules assist banking platforms with leveraging their core processing system without… Read More

September 13, 2021 @ 9:31 am By JD Alois  |  

Last month, Bank North received authorization with restrictions (AWR) from the Prudential Regulation Authority (PRA) to operate as a bank. The Manchester-based bank is developing an SME lending bank for the United Kingdom and expects to launch operations in October. Bank North said it will… Read More

September 10, 2021 @ 10:59 am By Omar Faridi  |  

For the first time, an international private banking platform has followed the example of St. Galler Kantonalbank and selected the Digital Hub from CREALOGIX in order to support its  digitalization strategy. The rise of innovative Fintech businesses and new types of client support and outreach… Read More

September 9, 2021 @ 1:16 pm By JD Alois  |  

Varo Bank, one of the first, nationally chartered digital banks in the US, has raised a $510 million Series E funding round. The capital was raised at a valuation of $2.5 million, according to reports. Once again, FT Partners was the exclusive advisor for the… Read More

September 8, 2021 @ 11:08 pm By Omar Faridi  |  

Finxact, an established Core as a Service banking provider, reveals that Live Oak Bank, a small business bank, has converted its retail and commercial deposit accounts to the Finxact Core. The conversion serves as an inflection point for the sector with a $8 billion+ banking… Read More

September 7, 2021 @ 10:45 pm By Omar Faridi  |  

ICICI Bank, a privately-owned Indian development finance institution with its registered office in Vadodara, Gujarat, and corporate office in Mumbai, Maharashtra, reveals that it has enabled its savings account clients to pay and manage credit cards bills at any bank by using the Bank’s mobile… Read More

September 6, 2021 @ 10:08 am By Omar Faridi  |  

UK-based digital bank Starling notes that as the summer months are ending, they’ve shared some of their recent highlights. Starling now has over 2.4 million open accounts, which reportedly include more than 400,000 business accounts. As mentioned in a blog post by Starling, dated September… Read More

September 6, 2021 @ 9:35 am By Omar Faridi  |  

Digital bank Revolut notes that if you’re looking for more security and more innovative products, then you should consider joining their platform. Revolut Bank is currently live in 13 European Union nations and they continue adding new countries to the list, the Fintech Unicorn confirmed… Read More