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Tandem Bank Smashes £650 Million Milestone in Home Improvement Lending for Greener Homes

Building the UK’s greener, digital bank, Tandem is proud to announce it has approved £650m in new lending in green and ‘pathway to green’ home improvement lending (HIL). This milestone highlights Tandem’s ongoing commitment to helping UK households reduce their carbon footprint and enhance energy efficiency. 

Friday, July 19, 2024 - 11:11
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Financial IT
Lemonade's 2024 Giveback Donates Over $2 Million to Customer-Chosen Organizations in its Eighth Year

Lemonade, the digital insurance company driven by AI and social impact, announced its 2024 Giveback, marking the eighth consecutive year of giving back to dozens of local and global charities chosen by customers.

Friday, July 19, 2024 - 11:00
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Financial IT
4th Edition Climate Risk Management for Financial Institutions

Climate risk continues to be a top concern for financial institutions and a growing priority for the regulators, which is increasing the pressure for financial institutions to focus on it more. There is still much conversation about understanding the true impact of climate risk regulation as it is relatively new to the industry. Financial institutions are in the process of preparing for different climate-related scenarios so that they can understand their risk exposure in this area and prepare accordingly.

Friday, July 19, 2024 - 10:08
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/news/fintech-startups/4th-edition-climate-risk-management-financial-institutions
Financial IT
Treasury and the Financial Services Sector Coordinating Council Publish New Resources on Effective Practices for Secure Cloud Adoption

The U.S. Department of the Treasury and the Financial Services Sector Coordinating Council (FSSCC) published a suite of resources to share with financial services institutions on effective practices for their secure cloud adoption journey. These deliverables are the result of a year-long public-private partnership of the Financial and Banking Information Infrastructure Committee (FBIIC) and the FSSCC.

Friday, July 19, 2024 - 10:00
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Financial IT
AmInvestment Bank Enhances Securities Finance Services with Broadridge to Boost Client Value

To transform and expand their prime brokerage business lines and as part of its broader efforts to add and enhance value for its clientele, AmInvestment Bank, a company in the Ambank Group and one of the largest banking groups in Malaysia, has deployed global Fintech leader Broadridge Financial Solutions, Inc.'s Securities Finance and Collateral Management platform to enable their Securities Borrowing and Lending product offerings.

Friday, July 19, 2024 - 09:53
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/news/trading-systems/aminvestment-bank-enhances-securities-finance-services-broadridge-boost-client
Financial IT
Coast Raises $40 Million Series B to Accelerate Adoption of Modern Fleet Payments

New York-based Coast, which offers a simple and smart way for companies in the United States to manage fuel and fleet spending, today announced it has raised $40 million in new Series B financing, led by ICONIQ Growth. The round included participation from existing investors Accel, Insight Partners, Vesey Ventures, and Avid Ventures, as well as new investors Thomvest.

Friday, July 19, 2024 - 09:49
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/news/fundraising-news/coast-raises-40-million-series-b-accelerate-adoption-modern-fleet-payments
Financial IT
Should Canada’s Banks Partner with Digital Competitors?
For 90% of Canadian banking customers, saving is a top priority, but where they’re placing their money is shifting, according to a new report released today. The Banking Disruption Index from global digital transformation company GFT finds that 57% of consumers still prefer to save their money at traditional banks. Digital challengers like neobanks, however, are catching up with them, with 24% of Canadians saying they prefer to save with these tech-forward options. 
 
Friday, July 19, 2024 - 07:30
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Financial IT
Jifiti Introduces Tap Now, Pay Later™, Enabling Banks to Easily Deploy Their Loans Through All of the Leading Digital Wallets at Any Point of Sale

Jifiti, a global embedded lending technology company, announced today the release of its Tap Now, Pay Later™ technology, which enables consumers and business customers to easily add their approved loan or credit funds into any digital wallet, including Apple Pay, via virtual card. The customer can then simply tap their mobile device to pay, as with a regular card transaction, at any point of sale. 

Friday, July 19, 2024 - 07:23
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/news/lending/jifiti-introduces-tap-now-pay-latertm-enabling-banks-easily-deploy-their-loans-through
Financial IT
Entersekt Closes Record Year of Growth and Expansion

Entersekt, The Financial Authentication Company, announced today that it achieved unprecedented growth in its 2024 fiscal year, driven by the continued adoption of its innovative authentication solutions. Financial institutions worldwide are increasingly choosing Entersekt as their partner to fight digital banking account takeover (ATO) fraud and card-not-present (CNP) payment fraud.

Friday, July 19, 2024 - 07:10
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/news/infrastructure/entersekt-closes-record-year-growth-and-expansion
Financial IT
Ecommpay Has Partnered with Mastercard to Deliver Click to Pay for Merchants Across the UK and Europe

Ecommpay merchants are already benefiting from reduced fraud and higher approval rates for their Card on File payments by leveraging network tokens for both online and in-app payments. Merchants can now enjoy the same benefits for customers that use the guest checkout option, as their card details are tokenized at the checkout with Click to Pay without needing to enter card details or be redirected elsewhere to complete the purchase.

Friday, July 19, 2024 - 07:10
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/news/payments/ecommpay-has-partnered-mastercard-deliver-click-pay-merchants-across-uk-and-europe
Financial IT

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