UnaFinancial: Philippine Neobanks Will Serve 50 Million Customers by 2025
- 4 years 3 months ago
- Banking
According to the analysts of the international financial group UnaFinancial, neobanks in the Philippines will serve 51.4 million customers by 2025. At the same time, their cumulative loan portfolio will amount to $15 billion and the number of active deposit accounts will reach 10 million.
FICO Announces New Virtual Event, “Taking Control: Digital Transformation in the New Normal”
- 4 years 4 months ago
- Covid-19, Banking, FinTech StartUps
The latest FICO Virtual Event – Taking Control: Digital Transformation in the New Normal – will be a week-long event beginning Monday, November 9, 2020.
Apple Pay Now Available with the An Post Money Current Account
Today, An Post has introduced a great new piece of functionality to its An Post Money Current Account with the addition of Apple Pay. An Post Money Current Account customers can now enjoy all the benefits of their An Post Money Current Account Mastercard debit card with Apple Pay on iPhone, Apple Watch, iPad and Mac.
CBA Accelerates Digital Transformation in Banking With Availability of IBAS in the Cloud
- 4 years 4 months ago
- Banking
Norwegian software vendor Commercial Banking Applications (CBA), today announced that its IBAS GBF - Global Banking F
Singapore FinTech STACS Co-Develops Blockchain Platform with EFG Bank
- 4 years 4 months ago
- Blockchain, Banking
Hashstacs Pte Ltd (also known as "STACS"), a Singapore FinTech company focusing on Blockchain technology solutions for financial institutions, announced its partnership with EFG Bank ("EFG") to co-develop a Blockchain platform that will enhance and simplify the processes of structured products.
Clifford Chance Applied Solutions Develops New Digital Tool for Complex Banking Secrecy Regulations
- 4 years 4 months ago
- RegTech, Security and Compliance, Banking
Clifford Chance Applied Solutions announces the launch of a digital tool "Cross-Border Publisher: Banking Confidentiality" providing banks with trusted legal know how on banking duties of confidentiality on a multi-jurisdictional basis. The tool covers a growing list of key jurisdictions* for businesses, with more jurisdictions to be added subject to demand.
Tinkoff Business Honoured With Global SME Finance Award 2020
- 4 years 4 months ago
- Banking
Tinkoff Business took silver in Europe’s SME Bank of the Year category of the Global SME Finance Awards 2020. This award was established to recognize the commitments and distinguished achievements of financial institutions and fintech companies in delivering outstanding products and services to their small and medium enterprise (SME) clients.
Loans Issued via AI Underwriting to Reach $315 Billion by 2025, as Banks Leverage AI to Assess Risk
A new study from Juniper Research has found that the value of unsecured loans issued via AI underwriting platforms will reach $315 billion in 2025, up from just $24 billion in 2020.
Automata Raises €2M - Superseding Current Accounts by Enabling Customers to Pay With Invested Capital
- 4 years 4 months ago
- Investment, Banking
Automata, the UK-France-based fintech on a mission to transform retail digital banking and wealth management, has announced €1.5M in private investments as part of its ongoing Series A funding round and €2M in total investments since the company was founded.
FICO Survey: UK Banks Face Consumer Frustration Over Customer Identity Management
- 4 years 4 months ago
- Digital Identity, Banking
A new study by global analytics software provider FICO has highlighted the biggest barriers to digital interaction between bank and customer at a time when digital has become ‘king’. According to the data, based on a survey of decision makers by independent research firm OMDIA of 172 banks across 8 countries, including 27 UK banks, the inability to complete identity verification online is a stumbling block for banks.
Arbuthnot Latham Announces 2020 Inspiring Innovator Finalists
- 4 years 4 months ago
- Banking, IT Innovations
Arbuthnot Latham & Co., Limited (“Arbuthnot Latham”), the private and commercial bank, is delighted to announce the finalists of the 2020 Inspiring Innovator Awards, highlighting the continued ambition and creativity of the UK’s home-grown entrepreneurs.
Bankmed Embarked on Digital Transformation with Acumen
Profile Software, a leading international financial solutions provider, announced today that Bankmed, one of the largest banks in Lebanon, went live with Acumennet by Login SA, a Profile Company, as their Group wide Treasury platform, embarking on a major digital transformation to help the bank deliver faster services across users and customers.
deVere Group Taps Moorwand to Issue Its Multi-Currency Card Vault
Moorwand, a BIN sponsor and issuer that transforms compliance into an enabler of innovation, today announced that it has been selected by deVere Group to provide issuing services and BIN Sponsorship for Vault, its multi-currency Mastercard, across 14 different European markets.
Study of 50,000+ UK Banking App Reviews Reveals Customer ‘Frictions’ Among Prominent Retail Banks
- 4 years 4 months ago
- Banking
Today Mobiquity – a full-service digital transformation enabler that delivers compelling digital products and services that serve a purpose, by blending strategy, creative and engineering – launches a ‘Friction Report to benchmark UK & NL mobile banking apps,’ identifying ‘frictions’ within the UK digital banking app customer experience. The study of 50,000+ UK customer banking app reviews within the Google Play Store and the App store shows... more
Forter and FreedomPay Establish First Joint Network for Banks and Online Merchants
- 4 years 4 months ago
- E-Commerce, Banking
Forter, the leader in e-commerce fraud prevention, today announced a partnership with FreedomPay, a global leader in Next Level Commerce™, establishing the first joint network for online merchants and banks to instantaneously block fraud and enable legitimate consumers to operate freely.
