Thought Machine Expands into Latin America and Welcomes Cordada as Latest Client
- 1 year 3 months ago
- Core Banking
Cordada, a private debt platform that caters to lenders and fintechs serving small and medium-sized enterprises (SMEs) in Latin America, has announced its partnership with Thought Machine. Cordada will use Thought Machine's cloud-native core banking platform, Vault Core, to develop highly personalised financial products for SME lenders and fintechs across Latin America. Cordada will use Vault Core as SaaS hosted on the Google Cloud Platform (GCP...
Retailers Adopting Embedded Finance Following Shift to Online Shopping
- 1 year 3 months ago
- Alternative Finance
Research from Freedom Finance, one of the UK’s leading digital lending marketplaces and embedded finance providers, reveals the extent to which the UK’s most valuable retail brands are adopting financial services. The analysis reveals three of the top ten most valuable retail brands in the UK1 already offer embedded finance services to customers, while Morrisons is the only retailer in the top 10 not to offer financial services of any sort.
WaterStone Bank Upgrading to the nCino Cloud Banking Platform Across All In-house Lending
- 1 year 3 months ago
- Banking
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that WaterStone Bank will be upgrading its technology stack and migrating its commercial, consumer, and residential lending activities to the nCino Cloud Banking Platform.
YouLend Study Finds that Female-led SMEs are More Likely to Secure Financing from Embedded Finance Providers
- 1 year 3 months ago
- Alternative Finance
A new report by YouLend, a leading global embedded finance platform, conducted in partnership with Experian, the world’s leading global information services company, found that YouLend attracted 12% more applications from female-led businesses and was more than twice as likely to finance female-led businesses than the UK aver
Agent IQ, WBR Insights and Future Branches Share “Banking from Anywhere” Report, Highlighting Consumers’ Perspective of Digital and In-Person Experiences
- 1 year 3 months ago
- Banking
Agent IQ, the pioneer in digital relationship banking providing personal banker engagement and AI-supported self-service, and WBR Insights, the custom research division of Worldwide Business Research (WBR), the world leader in industry-driven thought-leadership conferences, and Future Branches, released their most recent report, “
Reward Strengthens its Presence in Wales and the South West with New Business Development Director Appointment
- 1 year 3 months ago
- Alternative Finance
Reward Finance Group has appointed David Owen as business development director to elevate Reward’s profile as a prominent alternative finance provider in Wales and the South West.
A third of Consumers Don’t Trust Their Banks, Highlighting More Work Needed to Communicate Digital Safety – Reports Utimaco
- 1 year 4 months ago
- Banking
Utimaco, a leading global provider of IT security solutions that is celebrating its 40th year pioneering trusted cybersecurity and compliance solutions and services to its customers across the globe, has released new research that reports a high level of trust between the general public and financial institutions (FIs) in regard to data security (64%).
New Research Highlights the Widening AI Innovation Gap at the Heart of the Banking Industry
- 1 year 4 months ago
- Banking
Banking industry investment into early-stage AI companies is being dominated by five US banks, according to new research into industry-wide AI innovation from AI benchmarking & intelligence platform Evident.
AlHuda CIBE Hosted an Exposure Visit for National Bank of Ethiopia in Malaysia
- 1 year 4 months ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics (CIBE) a consultancy and advisory company for the development of Islamic finance industry with continuation of its legacy hosted an exposure visit of the Executive Management of National Bank of Ethiopia in Malaysia. It was the combination of Executive Training for the Regulators and exposure of practices in a well-established market.
Machias Savings Bank Chooses Jack Henry for Modern, Open Technology
- 1 year 4 months ago
- Banking
Jack Henry™ announced today that Machias Savings Bank, a $2.4 billion-asset mutual savings bank, has selected Jack Henry to modernize its technology stack and help it continue delivering high-level customer service as the bank grows.
British Business Bank Publishes Updated List of 591 Companies in Which the Future Fund Has an Equity Interest
- 1 year 4 months ago
- Banking
Today the British Business Bank publishes a list of 67 additional companies in which the Future Fund holds an equity interest, taking total equity holdings to 591 as at 30 June 2023.
Banks Step Up Financial Management Support for Brits as Cost-of-living Crisis Continues
- 1 year 4 months ago
- Banking
Financial institutions are ramping up data-driven financial management support, as UK consumers grapple with the rising cost of bills and goods.
GAT Investment Bank Partners with Currencycloud to Give its Clients a Global Banking Solution
- 1 year 4 months ago
- Banking
Currencycloud, the experts simplifying business in a multi-currency world, has partnered with Malaysia-based GAT Investment Bank to launch GAT Money, an app offering an alternative solution to new clients who need a global banking solution which offers access to competitive FX rates and an extensive cross-border collections and payments network, all in one place.
Banks in APAC are Losing Out to New Customers Due to Slow Transformation, 10x Banking Finds as They Announce Expansion Plans in the Region
- 1 year 4 months ago
- Banking
10x Banking (10x), the global, cloud-native core banking platform, today announced its plans to accelerate the company’s growth in APAC fuelled by a landmark study revealing that a third of banks in key markets across the globe are losing large numbers of their customer base to rivals due to slow transformation.
Monese’s XYB selects Paymentology to Power it’s Coreless Banking Platform
- 1 year 4 months ago
- Banking
Paymentology, the leading global issuer-processor, today announces its strategic global partnership with Monese’s XYB, an end-to-end ‘coreless’ banking platform provider, launched in May 2023, and poised to shake up the banking industry.
