Major Danish Fintech Successfully Launches its Largest Program to Date with Murex’s MX.3 Solution
Bankdata, one of the largest Danish fintech companies, has recently completed the most substantial front-to-back-to-risk re-platforming program in its history: the implementation of a shared capital markets platform for eight Danish banks. Regulatory compliance was a key driver for implementing Murex’s MX.3 platform.
Unit Partners with Currencycloud to Enable Seamless cross-border Payments
- 3 years 8 months ago
- Banking
Unit, the New York-based banking-as-a-service platform (BaaS), has partnered with Currencycloud, the experts simplifying business in a multi-currency world, to offer their customers an easy, seamless way to fulfill both domestic and international banking needs. Unit is a banking-as-a-service platform that empowers companies to embed banking features into their product to build and launch next-generation bank accounts, cards, payments, and... more
18–34-year-olds most Disappointed with the Digital Revolution
- 3 years 8 months ago
- Banking
Despite growing up with the digital revolution, younger people want online banking to form a range of services rather than replace human interaction completely, according to a new survey. Prior to the pandemic, internet banking was already an integral part of banking for many, but during the pandemic, customers moved online in considerably larger numbers. In the past year we have seen a significant boost to the digitalisation of banking due to... more
60 percent of British Consumers set to do all their Christmas Shopping Online
- 3 years 8 months ago
- Banking, Data, IT Innovations
60 percent of responding UK consumers plan to do all their Christmas shopping online this year. · 43 percent of millennials respond that they want to use Buy-Now Pay-Later (BNPL) to pay for their Christmas shopping. · 1 in 4 of all UK Christmas purchases will be returned but returns are projected to drop to 15 percent when bought through BNPL.
CellPoint Digital Partners with Vyne to Enable Instant Open Banking Payments for Merchants
- 3 years 8 months ago
- Open Banking, Payments, Banking
The partnership will allow CellPoint Digital customers to incorporate Vyne into its payment ecosystem and access instant payments without a need for direct integration.
The Ecobank Group Secures €100 Million Credit Facility from European Investment Bank to Fund SMEs
- 3 years 8 months ago
- Banking
The latest cooperation between Ecobank Group and the European Investment Bank to support private sector investment across Africa was formally agreed at the EU Delegation to Togo in Lomé
Mixed Reaction to New £100 Contactless Limit: How Biometric Payment Cards Can Stifle Fraud Concerns
By Lina Andolf-Orup, Senior Director, Global Marketing at Fingerprint Cards
Allica Bank Signs £110m Series B Funding Round
- 3 years 8 months ago
- Banking
Funding round led by new investor Atalaya Capital Management, alongside Allica’s existing lead investor Warwick Capital Partners New funding will support Allica’s continued scaling as well as acquisition of AIB SME lending portfolio Allica Bank, the leading fintech SME challenger bank, announces a £110m Series B funding round led by Atalaya Capital Management*, alongside existing lead investor Warwick Capital Partners.
Comentis Launches New Vulnerability Dashboard to Help Firms Manage their Vulnerable Customers
- 3 years 8 months ago
- Alternative Finance
Dashboard will provide overview of vulnerability across the whole client base to improve insight into customer outcomes and how they can be improved The dashboard will be invaluable for firms reporting back to the Financial Conduct Authority, especially ahead of new regulations in 2022
BOB Financial Partners with OneCard to Launch Mobile-first, Metal Cedit Card
- 3 years 8 months ago
- Payments, Credit Cards, Banking
● Digital-first credit card powered by a mobile app to offer seamless smart-banking experience ● To offer lifetime validity and zero joining fee with a 100% digital onboarding process ● Virtual credit card to be delivered in under 3 minutes and metal card to be delivered in 3-5 days ● Cards to be issued by BFSL, managed by OneCard, and powered by VISA
10th Global Islamic Microfinance Forum to be held in Dubai-United Arab Emirates Accelerating the Poverty Reduction in the World
- 3 years 8 months ago
- Banking, Islamic Finance
10th Global Islamic Microfinance Forum (GIMF) will convoke in Dubai -United Arab Emirates on 12th-14th December, 2021 under the theme of “Evidence of Impact and Financial Inclusion” to explore and discuss innovative financial inclusion strategies that can create clear pathways to poverty alleviation. This Apex event is organized by AlHuda CIBE and Sponsored by Islamic Corporation for the Development of the Private Sector- ICD.
Temenos Presents the Temenos Exchange – its Enhanced Open Marketplace for Fintech Solutions
- 3 years 8 months ago
- Open Banking, Banking
The Temenos Exchange will help Fintechs to develop, validate and monetize new banking solutions on top of Temenos’ Open Banking Platform
Contis Accelerates Digital Payments Revolution in Germany With NAGA Partnership
- 3 years 8 months ago
- Digital banking, Investment, Payments, Banking
Contis, a leading Banking-as-a-service (BaaS) provider in Europe, has today announced the expansion of its offering in Germany following its partnership with NAGA.
Nordea Investment Funds Picks Temenos Multifonds to Scale its Business
- 3 years 8 months ago
- Banking
The largest asset manager in the Nordics will implement Temenos Multifonds to administer €100+ bn in assets
Allica Bank Acquires £0.6bn Sme Lending Portfolio from Aib
- 3 years 8 months ago
- Banking
Bank acquires £0.6 billion SME lending portfolio from AIB Group Plc (AIB) Allica Bank excited to offer a secure and sustainable home to AIB SME lending customers in Great Britain Acquisition brings forward Allica Bank’s target profitability date to the middle of 2022, with total combined lending book to be over £1 billion
