Tagged: digital banking

December 26, 2022 @ 11:57 pm By Omar Faridi  |  

Fagura, which aims to build the first digital bank in CEE “for anyone to borrow, invest and transfer money easily,” has secured 186% (€747,076) of its €400,006 target (at the time of writing) via Seedrs from 268 investors, with the crowdfunding campaign closing soon. Located… Read More

December 24, 2022 @ 5:38 pm By Omar Faridi  |  

Customers who have a Global Account with C6 Bank with a balance in euros have a new feature that “allows them to make international transfers in foreign currency.” The option, which was already available in the Global Dollar Account offered by C6 Bank, serves those… 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 @ 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 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 @ 1:45 pm By Omar Faridi  |  

Starling Bank is rolling out its first savings product offering “a guaranteed return of 3.25% over one year on balances of £2,000 or more.” The new Starling 1-Year Fixed Saver is “built seamlessly into the Starling app for maximum visibility and control.” Starling personal current… 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 11, 2022 @ 10:51 pm By Omar Faridi  |  

IFZA Dubai, which claims to be the UAE’s most “dynamic” and “truly” international Free Zone, has entered into a partnership agreement with Wio Bank, the region’s “first” platform bank, “to provide IFZA Free Zone companies with quick and convenient access to digital banking services and… Read More

December 10, 2022 @ 4:10 pm By Omar Faridi  |  

Temenos (SIX: TEMN) announced that Alpian SA, Switzerland’s “first” digital private bank, has gone live with core banking and payments services “on Temenos Banking Cloud.” The pioneering bank is “running on Temenos Banking Cloud hosted on Microsoft Azure to create an accessible offering that unifies… Read More

December 7, 2022 @ 8:07 am By Omar Faridi  |  

Nubank, which claims to be one of the world’s largest digital financial services platforms, announced an equity capitalization of $330 million, which will be “invested to finance the expansion of the company’s portfolio, increase penetration across market segments and strengthen its operations and long term… Read More

December 5, 2022 @ 1:21 pm By Omar Faridi  |  

C6 Bank corporate customers have one more option “to receive payments in their businesses: Pix Cobrança.” With the free resource, it is possible “to issue personalized QR codes and manage payments in a simplified way through the app.” Monisi Costa, head of products for legal… Read More

November 24, 2022 @ 2:26 pm By Omar Faridi  |  

Ta3meed, which claims to be the “only” Purchase Orders (PO) financing platform in Saudi Arabia has selected Moneythor as a partner for its digital banking & loyalty management platform “to implement smart loyalty features in its innovative Islamic financing solution.” In line with Saudi Arabia’s… Read More

November 24, 2022 @ 1:10 pm By Omar Faridi  |  

Novo, an all-digital neobank for US-based small businesses, has reportedly topped up its Series B round with a $35 million investment coming from GGV Capital. The additional funding brings Novo’s Series B investment round to $125 million, and total equity funding to over $170 million…. Read More

November 18, 2022 @ 8:20 am By Omar Faridi  |  

Temenos (SIX: TEMN) announced that it has passed 850 customers with Temenos Infinity digital banking platform, successfully “delivering implementations across client tiers and multiple geographies.” A raft of banks have gone live with Temenos Infinity “from banks in Europe, Middle East and Africa such as… Read More

November 16, 2022 @ 11:31 pm By Omar Faridi  |  

Varo Bank — which claims to be the first all-digital, nationally-chartered U.S. consumer built from the ground up techbank — announced that it will offer Zelle® in its mobile banking app. Zelle is described as “a safe way to send and receive money with friends,… Read More

November 16, 2022 @ 8:18 am By Omar Faridi  |  

Atom bank and Phoebus Software Limited (PSL) have reportedly signed a new 3-year contract. The digital bank which streamlined the mortgage market by introducing the use of mobile apps in order to support its lending processes, has been a Phoebus user since Atom Bank’s official… Read More

November 14, 2022 @ 8:10 pm By Omar Faridi  |  

Nubank (NYSE: NU) announced to all its eligible customers the possibility of “opening an account with a debit card for those under 18 years of age.” The novelty, which passed through an initial phase of testing which started in June and has already “registered a… Read More

November 10, 2022 @ 9:03 pm By Omar Faridi  |  

Tonik, the Philippines’ first neobank, continues “to accelerate financial and credit inclusion with the launch of its two new lending products, Flex Loan and Big Loan.” Building on the success of its all-digital savings portfolio and successful launch of its first lending product, Quick Loan,… Read More

November 10, 2022 @ 7:48 am By Omar Faridi  |  

Starling Bank has taken swift action “to make life simpler for bereaved individuals, following recommendations made in a key nationwide bereavement report.” The digital bank has “unveiled a new strategic partnership with end-of-life admin service Settld, which will streamline account administration for those handling the… Read More

November 9, 2022 @ 4:19 pm By Omar Faridi  |  

Mambu’s cloud-native banking platform enables Wio Bank “to achieve a faster time to market as it helps establish the UAE as a hub for the growing digital economy.” Wio Bank provides access “to banking and business support services in a fast, convenient and fully digital… Read More