Tagged: financial services

October 13, 2021 @ 6:44 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY), a provider of tech solutions and payment processing services for the financial services sector, announced on October 12, 2021 that Finicity, Akoya, and Plaid are among the first Open Banking platforms to integrate to the Banno Digital Platform by… Read More

October 13, 2021 @ 10:54 am By Omar Faridi  |  

Bank of America (NYSE: BAC) has introduced a new solution, which enables firms with frequent payments to consumers to offer their beneficiaries with the option to choose how they “want to be paid.” Called Recipient Select, the solution from Bank of America aims to address… Read More

October 13, 2021 @ 8:15 am By Omar Faridi  |  

Lunar, the financial services firm that provides Nordic consumers and businesses a new way to bank and make payments, announces the acquisition of Paylike in order to make online payments simpler and faster for digital commerce businesses and consumers. Being able to take payments and… Read More

October 12, 2021 @ 4:01 pm By Omar Faridi  |  

Planixs, the provider of real-time, intraday cash, collateral and liquidity management services, has revealed that its Realiti software suite has been chosen by Nord/LB as the bank “embarks on a digital transformation project to overhaul its treasury operations.” NORD/LB Norddeutsche Landesbank is reportedly one of… Read More

October 12, 2021 @ 12:00 pm By Omar Faridi  |  

Atomic, the provider for payroll connectivity, announced on October 12, 2021 that it has acquired $22 million in Series A financing in order to expand its payroll integration platform and grow its team of professionals. The investment round comes as the company’s solution is on… Read More

October 12, 2021 @ 7:48 am By Omar Faridi  |  

MT Finance is pleased to confirm the appointment of Chris Patrick to the Board as the lender’s “first ever” non-executive director. Chris has “forged a long career in the private equity, finance and investment banking world,” according to an update shared with CI. Chris has… Read More

October 11, 2021 @ 10:42 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Citi (NYSE: C) have formed a new partnership in order to support local residents and small businesses via greater public-private sector collaboration. Through City Possible, Mastercard’s partnership and co-creation framework for cities, the two international firms will aim to “bring their… Read More

October 11, 2021 @ 10:26 pm By Omar Faridi  |  

PT Bank Jago Tbk recently announced that Ribbit Capital, which is one of the leading Fintech investors whose investments includes Tinkoff, Revolut, BharatPe, Robinhood, Affirm, Nubank, Coinbase and Credit Karma, has made an investment in Bank Jago, an Indonesia-listed tech -based bank with “a drive… Read More

October 11, 2021 @ 5:29 pm By Omar Faridi  |  

Following the commercial launch of the Spenda Payment Suite in May of this year, this week Cirralto released a “major” upgrade to the Spenda system. In addition to the increased functionality, this update provided the necessary changes and assurance of their transaction scaling capabilities “to… Read More

October 11, 2021 @ 11:09 am By Omar Faridi  |  

Banco Santander (NYSE: SAN) has started to introduce its sustainable payment cards, which are reportedly made with recycled material. The cards are being rolled out in Spain. Santander had previously launched the “One Card” design in Poland and Portugal. The financial institution plans to have… Read More

October 11, 2021 @ 10:20 am By Omar Faridi  |  

UK-headquartered banking, exchange, and investment app Ziglu is introducing a fee-free Euro account which has been designed to enable tourists and business travelers to spend “without incurring currency exchange charges.” The account, which is an addition to Ziglu’s sterling current account, is being introduced as… Read More

October 10, 2021 @ 8:57 pm By Omar Faridi  |  

Digital asset financial services platform, BVNK, has launched its platform in order to eliminate the barriers that prevent high-potential businesses and financial service providers from realizing the benefits of virtual currencies. Based in London, BVNK aims to “set new standards for digital asset financial services… Read More

October 10, 2021 @ 10:52 am By Omar Faridi  |  

Moorwand, a BIN sponsor and issuer that aims to transform compliance into an “enabler of innovation,” has been chosen by OneFor, a digital wallet and money transfer and payments service for the remittance market. Moorwand is offering issuing, acquiring and digital banking solutions that will… Read More

October 10, 2021 @ 9:18 am By Omar Faridi  |  

Bank of America (NYSE: BAC) is reportedly the first financial services company to introduce virtual reality (VR) training in almost 4,300 financial centers nationwide. As mentioned in a release, this training tech will allow around 50,000 workers to practice “a range of routine to complex… Read More

October 9, 2021 @ 7:45 pm By Omar Faridi  |  

Monese, the pan-European Fintech firm, reveals that it has appointed Atul Choudrie to the MD role at its banking-as-a-service (BaaS) division; Steve Tryner as Chief Financial Officer; and Stephen Chang as VP Operations at Monese. As first reported by Finextra, these appointments aim to bring… Read More

October 8, 2021 @ 8:18 am By Omar Faridi  |  

You can now invest commission-free with Freetrade, thanks to a new offer that’s currently available only with Monzo Plus and Monzo Premium. The Monzo team writes in a blog post that investing can be “a good way to grow your savings over the long-term.” That’s… Read More

October 7, 2021 @ 4:47 pm By Omar Faridi  |  

Teenagers can be quite the experts when it comes to spending money. The problem is, many never really learn how to save their money, manage it effectively, and make it grow over an extended period of time. A third or over 30% of US teenagers… Read More

October 7, 2021 @ 3:08 pm By Omar Faridi  |  

Pagaya Technologies Ltd., a financial tech firm that enables financial institutions to expand access to more clients via its partnerships and AI network, reveals that it has hired Leslie Gillin, ex- President at Chase Co-Brand Cards, CMO of Citi‘s Global Consumer Bank and, recently, CMO… Read More

October 7, 2021 @ 9:03 am By Omar Faridi  |  

Visa (NYSE: V) has chosen Callsign as their preferred behavioral biometric digital and device intelligence identity provider. Under the agreement, Visa will be introducing Callsign’s behavioral biometric and device fingerprinting services to the Visa network of financial institutions, payment service providers, and merchants across Europe…. Read More

October 6, 2021 @ 8:20 am By Omar Faridi  |  

Thousands of Catalan residents celebrated the launch of the first community virtual bank account, El Canut, by registering to open a new account on October 1, 2021 – which is an important date on the Catalan calendar, as it marks the anniversary of the independence… Read More