Tagged: financial institutions

September 30, 2024 @ 8:40 am By Omar Faridi  |  

Scila AB, the Stockholm-based independent provider of trade surveillance, risk management and anti-money laundering (AML) technology has announced that Erste Group, a European financial institution, has implemented Scila Surveillance. Scila Surveillance is a trade surveillance cloud-powered solution meant for comprehensive monitoring of trading activities across… Read More

September 16, 2024 @ 6:13 am By Omar Faridi  |  

Plaid partners with financial institutions to simplify the transition to open banking by providing secure, scalable API solutions that enable seamless data sharing. By collaborating closely with financial institutions, Plaid aims to help “ensure compliance with regulatory standards and modernization of infrastructure for data connectivity.”… Read More

August 29, 2024 @ 10:13 am By Omar Faridi  |  

During the first half of the year, CaixaBank expanded its mobile offices services to guarantee the financial inclusion to reach a total of 804 towns, “amounting to a 27% increase compared to the number of towns reached by the financial institution’s mobile offices service in… Read More

August 18, 2024 @ 4:48 pm By Omar Faridi  |  

SigFig, a digital wealth management solutions and technology provider for financial institutions and their advisors, announced new capabilities, including AI-powered functions, to its financial advisor collaboration platform, Engage. Powering collaborative digital experiences for “the most essential aspects of financial advisor and client relationships, Engage is… Read More

July 17, 2024 @ 4:09 pm By Omar Faridi  |  

Law firm Mishcon de Reya LLP recently shared key insights impacting the Fintech and broader financial services sector. Based in London, Mishcon de Reya services an international community of clients and “provides advice in situations where the constraints of geography often do not apply.” The… Read More

June 28, 2024 @ 8:33 am By Omar Faridi  |  

CaixaBank claims that is the only Spanish bank participating in the Ferrovie dello Stato Italiane S.p.A. (FS)’s new committed and revolving credit facility signed “with a syndicate of nine banks and financial institutions for a total amount of up to €3.5 billion with a three-year… Read More

June 10, 2024 @ 5:28 am By Omar Faridi  |  

NCR Atleos Corporation (NYSE: NATL), a firm focused on expanding self-service financial access for financial institutions, retailers and consumers, announced it has deployed its first multi-bank deposit ATMs in the UK. Deposit-taking ATMs are vital “for cash-reliant UK consumers.” Atleos is initially deploying deposit-taking ATMs… Read More

February 26, 2024 @ 2:09 pm By Omar Faridi  |  

Finzly, a payments systems for financial institutions, has announced that Quaint Oak Bank has selected it to modernize its payments infrastructure, providing a superior user experience and enabling them to grow their international and embedded banking businesses. Quaint Oak is an established financial institution “with… Read More

February 25, 2024 @ 5:50 pm By Omar Faridi  |  

Silent Eight, a Regtech firm specialising in partnering with major financial institutions to drive efficiency, increased accuracy and adaptability within their financial crime programs, announced the expansion of its relationship with HSBC to “implement Automated Alert Closure for Transactions automates investigation and resolution of alerts… Read More

February 1, 2024 @ 1:22 am By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, announces a new report on the Electronic Money Institution (EMI) market in the UK and Europe. The independent report, commissioned by ClearBank and produced by leading analyst house Celent, finds “that EMIs now… Read More

January 28, 2024 @ 6:51 pm By Omar Faridi  |  

Iliad Solutions, a global enabler of payments testing, is offering support to financial institutions integrating the next SEPA Instant Credit Transfer (SCT Inst) rulebook version scheduled to go live in March 2024. To help organizations make this SCT Inst transition smoothly and keep up-to-date with… Read More

January 26, 2024 @ 9:11 am By Omar Faridi  |  

Jack Henry (Nasdaq: JKHY) is pleased to announce Banno Business, a new solution that enables community and regional financial institutions “to offer modern banking experiences for small-to-medium businesses (SMBs).” Community banks and credit unions are “well-positioned to support SMBs because of their knowledge of the… Read More

January 21, 2024 @ 7:45 pm By Omar Faridi  |  

Eltropy, the digital conversations platform for community financial institutions (CFIs), has recently announced the launch of Lobby Management – a new capability to create better in-branch experiences. Part of Eltropy’s Unified Digital Conversations Platform, Lobby Management empowers in-branch associates “to manage customer flow effectively, all… Read More

January 19, 2024 @ 5:30 pm By Omar Faridi  |  

Digital Onboarding, the SaaS company helping more than 100 financial institutions deepen their customer relationships, announced it closed a $58 million growth investment from Boston-based growth equity firm Volition Capital. The investment follows secular growth for Digital Onboarding as banks and credit unions increasingly “seek… Read More

January 14, 2024 @ 5:30 pm By Omar Faridi  |  

ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, announced the appointment of Paul Staples as Group Head of Embedded Banking and Nick Ford as Group Head of Channels and Alliances. Paul has reportedly had “a 20-year career in banking, and building… Read More

December 30, 2023 @ 3:06 pm By Omar Faridi  |  

BridgeFT, an API-first, cloud-native wealth infrastructure software company that enables financial institutions, Fintech innovators, and registered investment advisors to deliver better, data-driven outcomes for their clients, announced that the total assets under management powered by BridgeFT’s WealthTech API across its client network grew by “more… Read More

December 11, 2023 @ 11:31 am By Omar Faridi  |  

Eltropy, a digital conversations platform for community financial institutions (CFIs), announced that Eltropy’s Digital Conversations Platform is now accessible through the Jack Henry (Nasdaq: JKHY) digital banking platform. Eltropy leveraged the Banno Digital Toolkit, the same set of APIs the Banno Digital Platform is built… Read More

November 15, 2023 @ 5:14 pm By Omar Faridi  |  

European Union rules and guidelines for protecting the financial system from risks due to cryptocurrency transactions reportedly come with a loophole that enables banking institutions to circumvent certain safeguards, and these must be addressed immediately, according to the European Central Bank‘s chief supervisor Andrea Enria…. Read More

November 13, 2023 @ 6:33 am By Omar Faridi  |  

The ACPR and AMF encourage financial institutions to continue their efforts to take account of the vulnerability of ageing clients The joint unit of the Autorité de contrôle prudentiel et de résolution (ACPR) and the Autorité des marchés financiers (AMF) has published a summary of… Read More

November 10, 2023 @ 3:07 pm By Omar Faridi  |  

Alkami Technology, Inc. (Nasdaq: ALKT), a cloud-based digital banking solutions provider for financial institutions in the U.S., announced today that it has enabled its financial institution clients to benefit from direct application programming interface (API) access to Plaid, a data network powering over 8,000 popular… Read More