Starling boss Anne Boden says digital banks ‘have to show they can make a profit’
- 5 years 1 month ago
- Banking
Starling Bank founder and chief
Neyva Bank speeds up payments for customers
Neyva Bank will now be able to offer instant money transfers via mobile phones after joining Bank of Russia’s new Faster Payments Service (FPS). The project to introduce the use of phone numbers as a token to perform transfers between recognised contacts of Neyva Bank’s account holders and other FPS member banks was completed with support from Compass Plus.
Backbase and Finxact Partner to Help Financial Institutions in North America Innovate at Speed and Move Away from Vendor Lock-In
Backbase, the omni-channel Digital Banking platform and Finxact, the Core-as-a-Service platform, have entered into a strategic partnership to help banks and credit unions unlock the full potential of their digital transformation with a next-gen front-to-back solution. The partnership combines Backbase’s portfolio of turn-key online and mobile banking applications with Finxact’s next-gen cloud native core banking platform. The combined front-to-... more
Nordea offers instalment-free periods for mortgage and small and medium-sized business customers in light of corona outbreak
- 5 years 2 months ago
- Banking
As the biggest bank in the Nordics, Nordea has a special responsibility to our customers and the societies during tough times. Nordea has decided to offer instalment-free periods to those personal and business customers in all Nordic countries who are in need of help because of the corona outbreak.
Temenos MarketPlace welcomes TAS Group to offer state-of-the-art card and mobile payments platform
- 5 years 2 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that TAS Group, a global provider of digital payments software, has joined the Temenos MarketPlace. With the addition of CARD 3.0 IE, Temenos clients can leverage a flexible, modular and scalable card issuing, acquiring and processing platform that can be deployed either on-premise or on the cloud.
State of the Industry: Global financial services players yet to align on key issues of collaboration, innovation and cybersecurity
- 5 years 2 months ago
- Transaction Banking, Payments, Banking
Exclusive research from Barclays Corporate Banking reveals the contrasting views of nearly 2,000 financial services leaders from across the globe on the key drivers of collaboration, innovation and cybersecurity More than two-thirds of businesses identify collaborating and partnering with FinTechs as the preferred approach for traditional banks in the future China will be king for innovation in the next five years, but India is still set to be... more
Starling boss Anne Boden says digital banks ‘have to show they can make a profit’
- 5 years 2 months ago
- Banking
Starling Bank founder and chief executive Anne Boden said the business will to make its first monthly profit in “in January or February” of next year. This year is perhaps the most crucial in the well-regarded bank’s short history. Boden has to manage expansion into Germany, France and the Netherlands, maintain the bank’s quality, and produce a profit.
Standard Chartered joined digital shipping platform TradeLens
- 5 years 2 months ago
- Blockchain, Banking
Standard Chartered Bank has joined TradeLens, a blockchain-enabled digital container logistics platform, jointly developed by A.P.
Finbank Innovation Conference & Expo for Bank professionals and Fintech Companies in Kigali this coming August 2020
- 5 years 2 months ago
- Banking
Kigali, Rwanda will host Finbank Innovation Conference & Expo taking place at Kigali Convention Centre on 26th - 27th August 2020 where bankers, insurers, microfinance institutions, investment managers and software developers will gather in the main aim of advancing forward the finance technology in Africa.
Auriga and Transaction Systems Join Forces to Transform Banking Services
Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, today announced a new strategic partnership with Transaction Systems (TRSYS), a major international technology solutions provider helping financial and retail organizations embark on their journey towards digital transformation.
Trade Ledger integrates WiserFunding to advance complex commercial risk assessments
- 5 years 2 months ago
- Banking, Risk Management
Trade Ledger and Wiserfunding today announced a partnership that allows banks and alternative finance providers to more accurately assess their mid-market commercial customers for secured and unsecured credit. Trade Ledger, the specialist mid-market commercial Lending-as-a-Service platform, confirmed that Wiserfunding’s leading business credit score, the SME Z-Score, would be made available within both their loan origination and management... more
SunTec joins Banking Industry Architecture Network (BIAN) consortium Reinforces its commitment towards building a Digital Banking Architecture that is customer-centric
- 5 years 2 months ago
- Banking
SunTec™, a pioneer and world’s number one relationship-based pricing and billing software solutions provider, has joined with Banking Industry Architecture Network (BIAN), a non-profit standards organization established to help banks combine their industry expertise to define a banking technology framework that will standardize and simplify core banking architecture.
PwC picked Salt Edge as part of the Digital Ecosystem Banking
- 5 years 2 months ago
- Banking
Salt Edge, a leader in offering open banking solutions, was invited by the consulting firm PwC to be part of the development of Digital Ecosystem Banking, which has the scope to empower banks towards next generation agility, seamless customer experience and integration with external ecosystems. Using the principles of Opening Banking, PwC built a demonstration digital bank and successfully integrated a number of Fintechs using SaaS API.
Nimble selects Mambu to power first steps towards pivot into mainstream digital banking
- 5 years 2 months ago
- Banking
Nimble, a leading provider of unsecured credit in Australia, has selected Mambu’s market-leading, pure SaaS solution as its new banking technology platform as the company looks to commence its evolution to ultimately offer mainstream digital banking services. Mambu’s cloud-native platform will allow Nimble to develop innovative lending products in-house, at a rapid pace, while the company begins to explore potential options and experiments with... more
Finantix acquires InCube, a Swiss AI and data science company dedicated to wealth management and insurance
- 5 years 2 months ago
- Artificial Intelligence, Wealth Management, Banking
Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today announced the execution of a binding agreement for the acquisition of InCube Group AG. The Zürich-based firm boasts an interdisciplinary team of Artificial Intelligence (AI) specialists, quant and software engineers and finance experts that provide data-driven, AI-enabled products and solutions to wealth management and... more
