All content with RSS

CBA Reimagines Banking for Australian Businesses, Introduces Loyalty Program

Commonwealth Bank of Australia (CBA) has today announced new products, services and features for business customers, aimed at meeting more of their banking needs.

Monday, June 17, 2024 - 12:14
60392
/news/banking/cba-reimagines-banking-australian-businesses-introduces-loyalty-program
Financial IT
Lloyds Banking Group Makes Major Investment in Net Zero Head Office

Lloyds Banking Group will re-open its office at 33 Old Broad Street from November 2024. The building, already owned by the Group, has undergone extensive refurbishment in the last 18 months. 

Monday, June 17, 2024 - 12:09
60391
/news/infrastructure/lloyds-banking-group-makes-major-investment-net-zero-head-office
Financial IT
Banks to Save £105 Million Fighting Financial Crime with Breakthrough AI Copilot Plugin

Lucinity, an AI software company for financial crime operations, has launched an ‘AI copilot plugin’ tool that is predicted to help financial institutions (FIs) save £105 million and thousands of hours fighting financial crime.  

Monday, June 17, 2024 - 12:05
60390
/news/security/banks-save-ps105-million-fighting-financial-crime-breakthrough-ai-copilot-plugin
Financial IT
Personetics Recognized by Celent as a Global Leader in Personal Financial Engagement (PFE) for Retail Banking

Personetics, the global leader in AI-based personalized engagement solutions for financial institutions, has been prominently featured in a new report from leading analyst firm Celent titled "Personal Financial Engagement Solutions for Retail Banking." The report provides an in-depth analysis of the rapidly evolving personal financial engagement (PFE) solution space and the capabilities of 13 vendors. 

Monday, June 17, 2024 - 12:02
60389
/news/personal-finance/personetics-recognized-celent-global-leader-personal-financial-engagement-pfe
Financial IT
EnFi Raises $7.5M led by Unusual Ventures

EnFi, a Boston-based AI fintech startup, has secured $7.5 million in seed funding.

This investment round was led by Unusual Ventures, with significant contributions from Boston Seed, Argon Ventures, and Impellent Ventures, recognizing EnFi’s innovative use of financial technology.

Monday, June 17, 2024 - 11:48
60375
/news/fundraising-news/enfi-raises-75m-led-unusual-ventures
Financial IT
Nexi and Engineering Group: NOVA, Advanced Digital Banking Platform, Is Born

Nexi, the leading European PayTech, and Engineering Group, international leader in the digitalization of processes for businesses and Public Administration, will develop a business partnership in digital banking and give life to NOVA, a technology platform designed for different business segments from SMEs to Large Corporate, characterized by a configurable service portfolio and a modular, natively open and cloud-oriented architecture.

Monday, June 17, 2024 - 11:04
60388
/news/banking/nexi-and-engineering-group-nova-advanced-digital-banking-platform-born
Financial IT
Digital Payments Demonstrated to Have a Lower Environmental Impact Than Cash

The European Digital Payments Industry Alliance (EDPIA) is pleased to announce the publication of the  Oxford Economics white paper The environmental impact of digital over cash payments in Europe. 

With the study, EDPIA wants to contribute to and engage in the public debate on how the payment value chain can take actively part in achieving a low carbon economy and showcase which areas are likely to deliver the best decarbonization potentials. 

Monday, June 17, 2024 - 10:59
60387
/news/payments/digital-payments-demonstrated-have-lower-environmental-impact-cash
Financial IT
Open Banking Expo Awards Return to Celebrate Excellence in Open Banking, Open Finance, and Payments

Open Banking Expo, the premier global community of Open Banking and Open Finance executives driving digital transformation in the financial services sector, is thrilled to announce the launch of this year's Awards program.

Following the tremendous success of previous editions, the Open Banking Expo Awards are back for the fourth consecutive year to recognise and honour the trailblazers, innovators, and visionaries worldwide who have spearheaded the Open Banking and Open Finance revolution.

Monday, June 17, 2024 - 09:31
60385
/news/fintech-startups/open-banking-expo-awards-return-celebrate-excellence-open-banking-open-finance
Financial IT
Shift4 Acquires Majority Stake of German Point-of-Sale Company Vectron Systems AG

Shift4, the leader in integrated payments and commerce technology, has acquired a majority stake in Vectron Systems AG, one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals. Based in Germany, Vectron has ~65,000 POS locations across Europe, representing ~€25 billion in volume opportunity with minimal payment monetization today.

Monday, June 17, 2024 - 09:19
60384
/news/investment/shift4-acquires-majority-stake-german-point-sale-company-vectron-systems-ag
Financial IT
Mastercard and Thought Machine Accelerate Core Banking Capabilities, Providing Seamless Payment Experiences

Mastercard and Thought Machine, a cloud-native banking technology company, are advancing their partnership to deliver high-quality payments and core banking (critical back-end technology for product and account management and the customer ledger) capabilities to financial institutions looking to modernise their technology stack.

Monday, June 17, 2024 - 09:12
60383
/news/core-banking/mastercard-and-thought-machine-accelerate-core-banking-capabilities-providing
Financial IT

Pages