Tagged: banking

February 5, 2022 @ 1:07 am By Omar Faridi  |  

London-headquartered Fintech Fiat Republic recently announced that it has acquired $3.5 million in seed funding from EU tech investors Speedinvest, Seedcamp, and Credo. The startup, which is building a compliance-first, e-money-regulated banking and payments API, is looking to “drastically reduce the time and cost of… Read More

April 29, 2021 @ 8:28 am By Samantha Hurst  |  

India-based banking group ICICI Bank announced on Thursday the launch of its digital and contactless banking platform for merchants, Merchant Stack. According to ICICI Bank, Merchant Stack provides a bouquet of banking solutions and value-added services in ‘one single place for the retailer eco-system. The main… Read More

September 22, 2020 @ 9:39 am By Samantha Hurst  |  

  UK banking group Standard Chartered Bank announced on Tuesday it has officially launched its virtual bank “Mox” in Hong Kong. According to Standard Chartered, Mox was created in partnership with PCCW, HKT, and Trip.com, which provides its suite of retail banking services entirely digitally… Read More

July 17, 2018 @ 8:52 am By Samantha Hurst  |  

On Tuesday, Hungarian commercial bank MKB Bank announced implemented Oracle FLEXCUBE to become fully digital. According to MKB Bank, the core banking solution has been adopted by more than 600 financial institutions around the world, as part of a broader restructuring project to streamline its… Read More

June 5, 2018 @ 12:14 pm By Samantha Hurst  |  

Kony, Inc., an enterprise mobility and digital applications company, announced on Tuesday the launch of its new digital banking solution, Kony DBX. This launch of the solution comes just a little over six months after the expansion of Kony’s digital banking marketplace. According to Kony, the Kony DBX… Read More

June 1, 2018 @ 1:00 pm By Samantha Hurst  |  

Chime, a U.S.-based app-only bank, recently announced it has surpassed one million bank accounts. Founded in 2013, Chime is on a mission to help its members lead healthier financial lives. The company’s service is described to help customers avoid feeds, save money automatically, and improve their… Read More

May 28, 2018 @ 8:52 pm By Samantha Hurst  |  

Last week, fintech firm Crédit Mutuel announced the extension of its partnership with IBM (NYSE: IBM) to devise new ways of working to better serve the bank’s 12 million customers. Crédit Mutuel reported it has selected IBM Cloud, Watson and advanced cybersecurity technologies to fundamentally change… Read More

April 28, 2016 @ 11:00 am By Samantha Hurst  |  

This week, UK digital bank Tandem announced that it was launching a crowdfunding campaign to raise $1.4 million. This funding round is reportedly part of the company’s “co-founders” program, which allows customers to own shares of the business. Tandem aims to provide the most helpful, not the… Read More

October 19, 2015 @ 11:32 am By Samantha Hurst  |  

On Monday, UK-based digital bank, Ffrees, announced that it has appointed former London Capital Group CEO, Kevin Ashby, as a non-executive chairman. According to Finance Magnates, Ffrees, since launching in 2013 by founder and CEO, Alex Letts, has grown to achieve £1 million in revenues with… Read More