Tagged: digital transformation

Three New Digital Banking Platforms Select Jack Henry Tech to Serve Local Clients

Jack Henry & Associates, Inc. (NASDAQ: JKHY) announced that Bank of Burlington, RockPoint Bank and Moultrie Bank & Trust each have chosen Jack Henry’s tech platform to help them “expand access to financial services in their local communities.” Tenn.-based RockPoint Bank, Ga.-based Moultrie Bank &… Read More

Refinitiv and Vestorly to Provide Enhanced AI-powered Digital Marketing Solutions to Wealth Managers

Refinitiv, an LSEG Business, recently revealed that it entered a strategic agreement with Vestorly, an AI-powered content curation, and marketing platform, in order to offer wealth management companies and advisors with personalized content and marketing tools “designed to foster a more-impactful digital customer engagement experience.”… Read More

Samsung Introduces Kiosk based Open Banking Payments with Assistance from Moneyhub

Moneyhub, the Open Data and payments platform, is teaming up with global electronics manufacturer Samsung in order to facilitate the “first” Open Banking payments on a retail self-service point-of-sale (POS) Kiosk. Moneyhub’s Open Banking payment tech along with Samsung’s self-service ordering and payment solution, “will… Read More

Digital Transformation: HSBC to Close Down 69 Physical Bank Branch Locations

HSBC (NYSE: HSBC) recently confirmed the closure of 69 physical branch locations across its wider bank network in the United Kingdom, in a move that could impact 400 jobs. In an official statement, the banking institution explained that the decision was taken as part of… Read More

Battle Financial Chooses Finxact to Support Ecosystem of Fintech Service Providers

Finxact, a provider of the next-gen core banking platform to the US regional and super-regional banking sector, recently announced that Battle Financial, Inc., an Eagle County Colorado-based firm building Battle Bank, chose Finxact as its platform for banking operations. Battle Bank is now set to… Read More

Digital Transformation: North Shore Bank Chooses Zebra Technologies to Enhance Branch Operations

Zebra Technologies (NASDAQ: ZBRA), an innovator at the “front line” of business with solutions and partners that offer a “performance edge,” recently announced that North Shore Bank has chosen Reflexis for Banking to enhance branch tasks and boost staff effectiveness and productivity to “elevate the customer… Read More

TSB Bank Remains Focused on Innovation with Dynatrace Helping the Firm with Becoming an All-Digital Bank

Software intelligence firm Dynatrace (NYSE: DT) announced that TSB Bank is using the Dynatrace platform to “accelerate innovation as it expands digital services for its customers.” TSB has built a multi-Cloud banking platform on AWS, IBM Cloud, and BT Cloud, to “support customers across all… Read More

Embedded Finance: UK’s MarketFinance Explains How to Enhance Customer Experience on B2B Platforms

UK-based MarketFinance notes that while consumer apps have undergone major digital transformation over the past decade, many B2B experiences have “remained largely offline and clunky.” MarketFinance writes in a blog post that they have “grown used to consumer experiences being unlocked with a few taps,… Read More

Digital Transformation: Thought Machine and HDBank to Enhance Financial Services and Banking Sector in Vietnam

On February 25, 2022, within the official visit of Vietnamese President Nguyen Xuan Phuc to Singapore, HDBank signed a cooperation agreement with Thought Machine group – a core banking solution provider. In Vietnam, HDBank will be working with Thought Machine to “develop the latest version… Read More

Digitalization of Business Processes Can Effectively Connect Small Companies to International Markets: Report

Michael Froman, Vice Chair and President, Strategic Growth at Mastercard (NYSE: MA), notes that shuttered storefronts might be a lingering symbol of the pandemic’s “economic fallout.” However, entrepreneurship is continuing to soar, “with a record 5.4 million new business applications filed in 2021, according to U.S…. Read More

Digital Identity Verification Firm Trulioo Announces New Banking Industry Clients

Trulioo, the international identity verification firm, recently announced four new banking clients: Bambu Systems, Guardian Gold, Nerve and Simba. With Trulioo GlobalGateway, one of the largest networks of identity data and services, financial institutions can “deploy identity checks that help them satisfy Know Your Customer… Read More

Mastercard Expands Business with Practices Focused on Crypto, Open Banking, ESG

The business sector is facing an influx of innovation: changing consumer behavior and preferences, digital transformation as well as geopolitical shifts. In order to assist businesses with evolving and supporting their growth enterprise-wide, Mastercard (NYSE: MA) announced that it is expanding its payments-focused consulting service… Read More

Digital Transformation Service Provider, Softline, Acquires Majority Stake in SoftClub, a Fintech Sector Specialist

Softline (LSE: SFTL), the IT and digital transformation service provider, in line or consistent with its growth strategy, has announced that it entered an agreement to become the majority shareholder in SoftClub (SCGroup Investments Limited), which is a specialist in the financial technology sector, and… Read More

Intesa Sanpaolo Invests £40M into Thought Machine, Chooses Vault to Support Virtual Banking Services

Intesa Sanpaolo, which is Italy’s largest bank by total assets and one of Europe’s most profitable and sustainable financial institutions, has chosen Thought Machine, the United Kingdom-based core banking tech firm, to support its digital banking platform. In conjunction with this partnership, Intesa Sanpaolo has… Read More

Sila Provides Clients with Digital Debt Collection Services via Partnership with Fintech TrueAccord

Sila Inc., a Fintech software platform that offers payment infrastructure as a service, announced that it teamed up with TrueAccord, the debt collection firm offering intelligent, digital-first collection and recovery solutions, “to make it easier for Sila’s customers to use TrueAccord’s products and services.” Having… Read More

Fiserv to Accelerate Virtual Banking Transformation for Customers with Finxact Acquisition

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech, announced that it entered a definitive agreement to acquire Finxact, Inc., the developer of the Cloud-native banking solution that is “powering digital transformation throughout the financial services sector.” The transaction advances the… Read More

Bank of Baroda to Focus on Digital Transformation, Enhances User Experience with NCR ATM as a Service

Bank of Baroda, one of India’s largest banking institutions, had been looking to boost efficiencies, implement the latest digital technology and provide a more connected customer experience. With these objectives in mind, it chose NCR Corporation (NYSE: NCR), an international enterprise tech provider, and its… Read More

London Fintech SumUp Partners with PrestaShop to Provide Business Tools to Merchants

Global Fintech SumUp and PrestaShop – the digital commerce platform in Europe and Latin America – have announced a partnership that will aim to give thousands of merchants on the PrestaShop platform access to SumUp’s product suite of business tools (thanks to PrestaShop’s SumUp Payment… Read More

French Fintech Sector Continues to Grow, Now a Major Part of the Tech Industry in France: Report

The 2022 list of firms making up the French Tech Next40/120 indices was recently announced by the nation’s government. As a reminder to industry participants, these initiatives provide support intended specifically for French scaleups that are capable of becoming “world-class” technological leaders. The Next40 and… Read More

Newgen Announces Integration with Factual Data for Seamless Access to Bureau Credit Info

Newgen Software, an international provider of the NewgenONE Digital Transformation Platform, recently announced an integration of Newgen’s Commercial Loan Origination Software (CLOS) with Factual Data “for seamless access to the bureau credit information.” By leveraging Newgen’s CLOS, financial institutions can effectively automate their commercial lending process,… Read More

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