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Navy Federal Credit Union Announces 7-year Strategic Partnership with Backbase

Backbase, the leading Engagement Banking Platform provider, announces today the renewal and expansion of its partnership with Navy Federal Credit Union, the world’s largest credit union with more than 13 million members and $171 billion in assets, proudly serving U.S. veterans, retired service members and active duty in all branches of the armed forces and their family members.

Friday, April 12, 2024 - 11:19
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/news/paas/navy-federal-credit-union-announces-7-year-strategic-partnership-backbase
Financial IT
Finastra Launches Small Business Data Collection Solution to Help Financial Institutions Comply with DFA 1071

Finastra, a global provider of financial software applications and marketplaces, today announced the launch of its Small Business Data Collection module, which enables banks to easily comply with the Equal Credit Opportunity Act (ECOA) small business data collection requirements, mandated by Section 1071 of the Dodd-Frank Act (DFA).

Friday, April 12, 2024 - 11:16
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/news/data/finastra-launches-small-business-data-collection-solution-help-financial-institutions
Financial IT
Lloyds Bank Warns Holidaymakers on Scams

With summer fast approaching, Lloyds Bank is warning hopeful holidaymakers they could fall victim to a scam when booking a trip.

These scams have risen 7% over the past year, with people losing £765 on average, with those aged 35 to 44 - often booking trips for their families – making up over a quarter of victims (27%).

Friday, April 12, 2024 - 11:11
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/news/security/lloyds-bank-warns-holidaymakers-scams
Financial IT
Finzly Among the First to Receive Fed Certification for Fedwire ISO 20022

Finzly, the pioneering provider of modern money movement systems to financial institutions, today announced its achievement as one of the first Third-Party Service Providers (TPSP) to be certified for compliance to ISO 20022 messaging standards for Fedwire. This landmark accreditation positions Finzly at the forefront of innovation, enabling financial institutions to transition to the next generation of payment processing.

Friday, April 12, 2024 - 11:06
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/news/banking/finzly-among-first-receive-fed-certification-fedwire-iso-20022
Financial IT
Satago Partners with mmob to Simplify and Speed Up its Embedded Finance Proposition

Today, Satago, a leading fintech that provides Working Capital solutions, and mmob, the universal API adaptor, announced the launch of a new partnership. This collaboration enables lenders and corporates to embed Satago’s flexible Invoice Finance and Cash Flow solutions, using mmob’s hyper-efficient integration capabilities.  

Friday, April 12, 2024 - 10:52
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/news/lending/satago-partners-mmob-simplify-and-speed-its-embedded-finance-proposition
Financial IT
Mastercard and Equity Bank Join Forces to Enhance Cross Border Money Transfers in Kenya

Mastercard and Equity Bank have announced a strategic collaboration that will enable Equity Bank customers to send money safely and securely to 30 countries. This collaboration marks a significant milestone for cross-border financial transactions in Kenya.

Friday, April 12, 2024 - 10:20
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/news/money-transfers/mastercard-and-equity-bank-join-forces-enhance-cross-border-money-transfers
Financial IT
Nuvei Launches Invoice Financing to Unlock Merchant Cash Flow

Nuvei Corporation, the Canadian fintech company, today announces the launch of its new Invoice Financing services that have been integrated into several leading enterprise resource planning (ERP) platforms, including Sage and Acumatica. This new service enables merchants to access Nuvei's Invoice Financing solutions directly within their ERP systems to optimize cash flow and unlock working capital more efficiently.

Friday, April 12, 2024 - 09:37
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/news/cash-management/nuvei-launches-invoice-financing-unlock-merchant-cash-flow
Financial IT
UK FinTech Companies See 15% Decline In Funding In Q1 2024, Hit By A Significant Decline In Seed-Stage Investments

Tracxn, a leading global SaaS-based market intelligence platform, has released its Geo Quarterly Report: UK FinTech Q1 2024. The report, based on Tracxn’s extensive database, provides insights into the UK FinTech space.

Friday, April 12, 2024 - 09:27
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/news/infrastructure/uk-fintech-companies-see-15-decline-funding-q1-2024-hit-significant-decline-seed
Financial IT
United Bank Modernizes Technology Stack, Drives Growth with Jack Henry

Jack Henry™ announced today that United Bank selected Jack Henry to support its growth, modernize operations, and gain a competitive edge.

Friday, April 12, 2024 - 09:23
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/news/banking/united-bank-modernizes-technology-stack-drives-growth-jack-henry
Financial IT
Nutanix Study Finds Businesses in the UK are Embracing the Multicloud Era

Nutanix, a leader in hybrid multicloud computing, has announced the findings of its sixth annual Enterprise Cloud Index (ECI) survey and research report, which measures global cloud adoption and related trends.

Friday, April 12, 2024 - 09:16
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/news/cloud/nutanix-study-finds-businesses-uk-are-embracing-multicloud-era
Financial IT

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