Nordic Neobank Lunar Receives €70 Million in Fresh Funding
- 3 years 4 months ago
- Fundraising News, Banking
Lunar, a Daniosh neobank, has raised €70 million in new capital to prepare for the launch of new crypto trading and business-to-business payments products. The new funding round follows the Nordic challenger's €210 million Series D funding round in July of last year. The firm has now raised a total of €345 million and is valued at just under €2 billion.
Lloyds Bank invests £5 million in working capital platform Satago
- 3 years 4 months ago
- Fundraising News, Banking
Lloyds Bank has invested £5 million for a 20% stake in invoice financing startup Satago and will roll out the platform for its Single Invoice Finance and whole of book Invoice Factoring customers.The deal with Satago follows a competitive tender process and a six month trial of the technology. Once deployed it will introduce a new digitised proposition for lending to the bank's SME customers.
New Study From Entrust Finds Consumers Prefer Digital Banking Experiences, But Are Concerned About Security
- 3 years 4 months ago
- Digital banking, Payments, Banking
A survey from Entrust details preferences of the modern banking customer, with consumers indicating a need for online banking capabilities, secure cards with chips and enhanced payment security
Ascenda Partners With Hyundai Card to Support Launch of New Cards in South Korea
Ascenda, the technology company that makes payments and banking more rewarding, has partnered with Hyundai Card, a leading credit card issuer, to power the launch of a new lineup of consumer and corporate cards on the American Express Network in South Korea.
AI Adoption Matures as Banks Transform Customer Experience and Drive New Business Models, Finds Report from Temenos
Economist Intelligence Unit Report finds 85% of IT banking executives have a “clear strategy” to adopt AI to drive new products and services
Axis Bank joins BIAN to Transform its Architecture for the Customer of the Future
- 3 years 4 months ago
- Banking
The financial service leader brings a wealth of regional knowledge to the not-for-profit association
Railsbank Partners with Sodexo Engage
- 3 years 4 months ago
- Banking
Railsbank, the leading global Embedded Finance Experience platform, is now the BIN sponsor for the Sodexo Engage Spree Card programme.
Bank North Continues to Expand Team as Business Accelerates
- 3 years 4 months ago
- Banking
Bank North, the UK's first truly regional business bank of the modern era, has appointed a Head of Valuations, Head of Financial Reporting and Financial Control, interim Head of Underwriting, and acting Treasurer, along with three other key hires.
Tesco Bank Partners With Onfido to Enable Secure, Streamlined Onboarding for Tesco Clubcard Pay+ Customers
- 3 years 4 months ago
- Digital Identity, Banking, Authentication Technology
Rapid identity verification, using biometric technology, enables a seamless customer journey for users. Tesco Bank today announces a partnership with Onfido, the global identity verification and authentication provider. Onfido provides a secure application process for new Tesco Clubcard Pay+ customers, following the launch of the new product in January.
Arbuthnot Latham to Implement nCino Across Private and Commercial Banking Estate
Building upon success at Arbuthnot Specialist Finance Limited (ASFL), broader bank to adopt cloud-native platform
Arbuthnot Latham to Implement nCino Across Private and Commercial Banking Estate
Building upon success at Arbuthnot Specialist Finance Limited (ASFL), broader bank to adopt cloud-native platform
Russian Banks Consider Shifting to China’s UnionPay After Visa and Mastercard Pull the Plug
Sberbank and other Russian banks are looking into issuing cards with local payments network Mir and China-based card network UnionPay to combat Mastercard and Visa suspending services in the country, per Bloomberg.
UK SMEs set to Benefit as Growth Lending Partners with Currencycloud
- 3 years 4 months ago
- Lending, Alternative Finance
The B2B alternative finance provider Growth Lending has partnered with Currencycloud, the experts simplifying business in a multi-currency world. Clients will enjoy rapid access to funds, greater flexibility and access to leading FX solutions.
Finastra’s Hack to the Future 4 Opens With Focus on Sustainable and Inclusive Finance, BaaS and DeFi
- 3 years 5 months ago
- Asset Management, Banking
Launch coincides with International Women’s Day in alignment with Finastra’s commitment to forwarding diversity, equity and inclusion across financial services Finastra has opened its fourth annual global Hackathon. Building on the success of its previous events – to redefine finance for good and build an unbiased fintech future – this year’s launch coincides with International Women’s Day (IWD), aiming to inspire the fintech space to be open by... more
BankiFi Joins Visa Fintech Partner Connect to Bring SME Business Banking Solution to Visa’s Clients and Partners
- 3 years 5 months ago
- Banking
BankiFi, the Manchester-based tech company on a mission to put banks at the heart of business has announced today that it has joined Visa Fintech Partner Connect in Europe – a programme that helps Visa`s clients deliver the next generation of digital banking solutions. The partner programme focuses on Visa’s clients who have shown an interest in improving their digital proposition for SMEs.
