Tagged: virtual bank

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 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 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 @ 6:32 pm By Omar Faridi  |  

Veem, an accounts receivable (AR) and accounts payable (AP) network for small and medium-sized businesses (SMBs), announced a partnership with Finastra, a global provider of financial services software applications and marketplaces, “to offer business payments via a native integration with Finastra’s Fusion Digital Banking Platform.”… 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

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 @ 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 6, 2022 @ 10:24 pm By Omar Faridi  |  

UnionDigital Bank, the digital banking subsidiary of Union Bank of the Philippines, recently announced its partnership with cloud-native banking technology company Thought Machine and has “deployed its core banking engine, Vault Core.” Thought Machine’s next-generation core technology has “enabled UnionDigital Bank to swiftly build its… Read More

October 17, 2022 @ 12:19 pm By Omar Faridi  |  

Brazil’s C6 Bank notes that the purchase of airline tickets has always been one of the main destinations given to the points accumulated by customers registered in bank and credit card loyalty programs. But other ways of using these miles are “starting to become popular.”… Read More

October 2, 2022 @ 11:17 pm By Omar Faridi  |  

livi bank, Hong Kong’s lifestyle-driven virtual bank, is launching Travel Now, a simple and easy-to-apply travel insurance plan “to meet the needs of its Hong Kong customers as they decide to travel amid the relaxation of COVID-19 quarantine rules.” This is livi’s first general insurance… Read More

September 6, 2022 @ 9:24 pm By Omar Faridi  |  

Indonesia’s “first” public-listed technology company, Bukalapak, and Standard Chartered officially launched BukaTabungan, a digital banking service that “leverages the reach of Bukalapak’s all-commerce platform and the technology of nexus, a Banking-as-a-Service (BaaS) solution powered by Standard Chartered.” This follows from an earlier announcement on their… Read More

September 5, 2022 @ 10:59 pm By Omar Faridi  |  

GXS Bank, the virtual bank joint initiative of ride-hailing company Grab Holdings and Singapore Telecommunications, have reportedly introduced a digital bank in Singapore. Nasdaq-listed Grab’s financial services have become a vital part of its business expansion strategy as it aims to provide banking, virtual payments,… Read More

August 15, 2022 @ 8:22 am By Omar Faridi  |  

John Mitchell, Co-founder and CEO, Episode Six, recently shared his views and insights with Crowdfund Insider. Episode Six is a payments technology company, which recently entered into a strategic relationship with US-headquartered Mode Eleven. Mode Eleven and its subsidiary, Summit National Bank, have selected Episode… Read More

June 23, 2022 @ 12:40 pm By Omar Faridi  |  

Revolut Business has reportedly launched a new cashback offer for US customers. Businesses of any size – from SMEs to freelancers – “get up to 1.9 % cash back for card purchases,” according to an update shared with CI. Revolut, the global financial super app… Read More

May 30, 2022 @ 8:20 am By Omar Faridi  |  

C6 Bank has an “exclusive” promotion for new subscribers to the Atoms C6 Platinum points accelerator plan. Customers of the C6 Platinum card who subscribe to the points accelerator plan “will have the monthly fee charged for the first three months reversed in the following… Read More

May 22, 2022 @ 4:35 pm By Omar Faridi  |  

C6 Bank has announced that it recently added new equity investment options to its C6 Invest platform. From now on, clients who were already able to trade mini dollar and index (Ibovespa) contracts since August last year “can also trade full futures contracts on the… Read More

May 21, 2022 @ 2:47 am By Omar Faridi  |  

UK’s Atom Bank has reportedly appointed Andy Sturrock as the banking platform’s new Chief Technologist. Andy joins Atom from BP plc, where he ran the firm’s Digital Consumer Channels and Offers teams, including the BPMe app and loyalty schemes. During his time working at BP,… Read More