ING announced today to offer a compensation to our Dutch retail customers with certain revolving consumer loans where the variable interest rate did not sufficiently follow market rates. With this step, ING reacts to a number of rulings by the Dutch Institute for Financial Disputes (Kifid) regarding similar products at other banks.

Recently, HambitPay, a crypo payment platform from Singapore, announced the launch of its global partnership program.

Singapore-based IN Financial Technologies launches INFT, a secured one-stop business solutions platform to start-ups and Micro, Small and Medium Enterprises (MSMEs) through filling the financing and banking gap, which allows entrepreneurs to focus on their core businesses.

This marks the electric carmaker’s first usage-based insurance (UBI) product after launching a traditional insurance program in California two years ago.

Here’s how it works: In Texas, Tesla’s premiums will be based on its proprietary safety score.

1.IBM has been a trusted partner in the financial services industry for decades. What does your role entail?  

In my current position, I lead the banking consulting practice across IBM’s Global Business Services, focusing on banks’ digital transformation, core banking, and payments. 

Money Minx, a US-based net worth and investments tracking platform, joined forces with Salt Edge, open banking pioneer, to allow their users in the UK, Germany, and Switzerland to connect all bank accounts and monitor investments with ease – all in one place.

Collaboration accelerates data availability for lenders via Fusion LenderComm and Synergy DataLake

Finastra, the largest pure-play software vendor that serves the entire financial services industry, and AccessFintech, the data-sharing network optimizing workflow through collaboration, today announced that they have teamed up to bring greater data transparency, efficiency and industry-wide collaboration to the syndicated loan market.

Several honors and awards were recently bestowed on Path Solutions including the latest Best Islamic Technology Provider 2021 award from Islamic Finance news (IFN). For the first time in history, an Islamic banking software provider receives the most awards ever for its contribution to the growth of the Islamic financial services industry.

Judo Bank is now live on the nCino Bank Operating System platform, providing a single digital engagement experience for its customers and employees

JPay will pay $6 million in consumer redress and penalties