Trade Ledger wins place in the inaugural Hong Kong-UK FinTech Bridge Program
- 7 years 2 weeks ago
- Alternative Finance
The world’s first open banking business lending platform, Trade Ledger, has won a place in the inaugural Hong Kong-UK FinTech Bridge Program announced last night (29th April 2019) at a special event hosted at Mansion House by the Lord Mayor of London. In just three years Trade Ledger has established its ground-breaking business lending platform on three continents. This latest achievement means Trade Ledger is the first global technology... more
PrePay Solutions Empowers Monese to Harness Apple Pay
PrePay Solutions (PPS), subsidiary of Edenred, the global leader in payment solutions for the working world, has supported its partner, digital challenger bank, Monese, to enable the use of Apple Pay on their accounts.
World Finance Magazine names Temenos “Best Islamic Banking & Finance Technology Provider”
- 7 years 3 weeks ago
- Islamic Finance
The 2019 Islamic Finance Awards, presented by World Finance Magazine, has announced that Temenos (SIX: TEMN) has won the ‘Best Islamic Banking & Finance Technology Provider’, for its breakthrough digital front office product, Temenos Infinity, and next generation core banking system, Temenos T24 Transact. For the second consecutive year, Temenos was recognized after demonstrating remarkable contributions to Shari’ah-compliant banking,... more
The Future of Banking
- 7 years 3 weeks ago
- Banking
The journey from unbundling to rebundling and back has been a formidable one. Emerging technologies and the pace of innovation are driving changes throughout the banking industry at an unprecedented rate. From Asia to Europe, U.S. to Africa, and Australia to the Middle East, consumers are not only increasingly adopting digital – most are demanding it. While the movement toward our ability to bank anywhere is inevitable, the path towards... more
Esme Loans Hits £50 Million of Lending to UK Businesses
- 7 years 3 weeks ago
- Alternative Finance
Esme Loans, the standalone digital lending platform for SMEs and scale up businesses has today announced that it has now lent over £50million to UK businesses. The lender has seen a continued period of strong growth in the run up to today’s announcement, following an uplift in lending of 337% between 2017 and 2018.
Young Brits Turn to Family Over Banks for Money Advice
- 7 years 3 weeks ago
- Banking
Research conducted by Bud reveals nearly half of young Brits (45%) will first turn to family members for financial advice over banks, indicating a prevailing disconnect between millennials and their financial services providers. The headline figure was taken from Bud’s multimedia research initiative called Futureproof, which aims to shed light on the complex relationship people have with their money and act as a driver for meaningful and... more
NatWest first UK bank to unveil biometric card
- 7 years 3 weeks ago
- Banking
The first biometric fingerprint card issued by a UK bank enters circulation today. As part of a national trial NatWest is piloting cutting edge, biometric fingerprint technology with 200 customers. Customers can now use their fingerprint to verify transactions above the £30 contactless limit, increasing security and making it easier for customers when paying for goods or services at the tills as no PIN is required. As well as retaining... more
Instantor Presents Report on Digital Trust: The New Currency for Financial Organisations
- 7 years 3 weeks ago
- Payments, Banking, Infrastructure
Today Instantor, the second fastest-growing Swedish FinTech, who makes tough calls easy within credit risk management presents How to leverage trust and improve conversion through digitalisation, a report that demonstrates how digitalisation is a critical factor to build trust today and drive business.
BS/2 Provides Cash Monitoring tools for VTB Bank in Georgia to Improve Cash Efficiency
- 7 years 3 weeks ago
- Banking
VTB Bank is one of the leading banks in the Georgian financial market. With almost 15 years in business, it established itself as a modern financial institution, introducing innovations and improving the quality of services. Since the beginning of 2019, technical support for all bank self-service devices has been entrusted to BS/2 Georgia.
Unisys Launches New Version of Elevate™ Omnichannel Banking Platform to Facilitate Shift to Open Banking
- 7 years 3 weeks ago
- Open Banking, Banking
Unisys Corporation (NYSE: UIS) today announced the availability of the latest version of its Unisys Elevate™ omnichannel banking software platform, which enables banks to adopt an open banking approach to deliver an unrivaled customer experience.
People Who Do Not Have Bank Account Pay £500 Extra a Year in Bills
- 7 years 3 weeks ago
- Banking
People who do not have access to a bank account pay an extra £485 a year for everyday bills and services, research from an account provider suggests. More than 1.2 million Britons do not have a bank account, so miss out on discounts reserved for those who pay bills by direct debit, said Pockit. This ramps up the cost of energy bills, broadband and phone contracts, it said. "For many of us, having a bank account is a basic fact of life," said... more
NPM Capital Acquires 35% Stake in Ohpen
- 7 years 4 weeks ago
- Core Banking
First and long-time investor Amerborgh sells a part of its stake in Ohpen to NPM Capital, that upon the transaction, will have a 35% stake in Ohpen. Amerborgh wanted to sell this stake to finance ongoing and future projects, like the arts and culture centre "het HEM" in Zaandam. Ohpen is a fast-growing Fintech company. The Ohpen SaaS, cloud native core banking platform administers retail investment and savings accounts for banks and other... more
Remitly Brings Faster, Affordable International Money Transfers to France
Remitly, the largest independent digital remittance company in North America, has launched its award-winning service to France, making international money transfers more fair, transparent, and cost-effective when sending money from France to international destinations.
First BELLIN Customer Goes Live with gpi for Corporates (g4C)
BELLIN, a global leader in providing web-based treasury software and services for multinational corporations, has successfully integrated SWIFT gpi for Corporates (g4C) technology in its tm5 treasury management system. BELLIN client Darling Ingredients Inc. just went live with g4C and has processed the first g4C payments in tm5, together with JPMorgan Chase bank.
NPM Capital Acquires 35% Stake In Ohpen
First and long-time investor Amerborgh sells a part of its stake in Ohpen to NPM Capital, that upon the transaction, will have a 35% stake in Ohpen. Amerborgh wanted to sell this stake to finance ongoing and future projects, like the arts and culture centre "het HEM" in Zaandam. Ohpen is a fast-growing Fintech company. The Ohpen SaaS, cloud native core banking platform administers retail investment and savings accounts for banks and other... more
