Hamburg Commercial Bank Goes Live on nCino
- 2 years 2 months ago
- Banking
nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Hamburg Commercial Bank (HCOB) is now live on the
Bank of the Philippine Islands (BPI) Partners with DT One to Launch International Mobile Load for Clients
- 2 years 2 months ago
- Banking
Bank of the Philippine Islands (BPI), the oldest bank in the Philippines and a pioneer in digital banking, has partnered with the global B2B digital micropayments platform DT One to launch an international mobile load service.
Protean and Fino Payments Bank Tie-up to Expand PAN Card Issuance Services in India
- 2 years 2 months ago
- Banking
Fino Payments Bank has tied up with Protean eGov Technologies (formerly NSDL e-Governance Infrastructure Limited), a market leader in universal, citizen-centric and population-scale e-governance solutions, to expand PAN card issuance services in India, especially in rural areas.
Commerzbank Picks Nexi for Issuing Solutions
- 2 years 2 months ago
- Banking
Commerzbank has chosen Nets, part of the European PayTech
SEBA Hong Kong Opens Hong Kong Office to Establish APAC Presence
- 2 years 2 months ago
- Banking
SEBA Bank AG, a leading crypto bank in Switzerland having a suite of fully regulated banking services, officially opened its Hong Kong office for its subsidiary, SEBA (Hong Kong) Limited (“SEBA Hong Kong”).
Finastra Cements Commitment to Growth in Asia Pacific with Center of Excellence in Kuala Lumpur
- 2 years 3 months ago
- Alternative Finance
Finastra today announced a new Center of Excellence (COE) at Malaysia’s MRANTI Technology Park in Bukit Jalil, Kuala Lumpur. MRANTI Park is a hub for technology innovation, commercial adoption, and scientific excellence. It is an ideal location for Finastra to expand its Asia Pacific footprint, further contribute to the local economy, and promote Science, Technology, Engineering, the Arts, and Mathematics (STEAM) careers in a region dedicated to... more
BVNK Acquires UK-Licensed E-Money Institution to Accelerate Expansion
- 2 years 3 months ago
- Banking
BVNK, the next-generation payments platform for global businesses, today announces it has acquired UK fintech, System Pay Services Limited (SPS Ltd), to accelerate expansion. SPS Ltd is registered as an EMI (Electronic Money Institution) in the UK and offers a one-stop payment solution for businesses — providing e-money services, e-wallets, and multi-currency accounts for merchants to make, receive, and process payments.
Survey Shows Britons Desire to Increase Trade with European Union to Combat the Cost-of-living Crisis and International Conflict
- 2 years 3 months ago
- Banking
Research announced today shows that Britons, in direct contrast to the Brexit vote in 2016, are keen to increase trade with all European countries. A study of over 1,000 Britons commissioned by iBanFirst, a global financial service provider across banking borders, and conducted by BVA, reveals that over 8 in 10 (80%) UK citizens desire to increase trade with all European countries, whilst just over half (52%) want to increase trade... more
ClearBank Ltd. Reaches Profitability as Revenue Climbs to Over £45M
- 2 years 3 months ago
- Banking
ClearBank Ltd., the enabler of secure accounts, real-time clearing, and Embedded Banking for financial institutions, today announced that it has reached profitability. ClearBank Ltd. has generated £45.4m in revenue YTD and from October has reached monthly profitability in the UK.
11th Global Islamic Microfinance Forum Successfully Concluded in Dubai – United Arab Emirates
- 2 years 3 months ago
- Islamic Finance
11th Global Islamic Microfinance Forum was successfully concluded at Metropolitan Hotel Dubai, UAE under the patronage of AAOIFI Bahrain. The purpose of that forum was to promote, strengthen and unite the organizations of Islamic microfinance (IsMF) with the theme of financial Inclusion, outreach strategies & innovations. Eminent Speakers and industry professionals from well-serving organizations related to Microfinance, Islamic microfinance... more
Atom Changes its Serviceability Criteria to Support More SMEs
- 2 years 3 months ago
- Banking
Atom bank, the UK’s first app-based bank, has today revamped its serviceability criteria for both variable and fixed rate commercial mortgage products as it looks to improve access to finance and challenge the high street lenders.
Use of External Finance Down Across the UK But Signs of Growth in Regional Equity Finance Markets
- 2 years 3 months ago
- Banking
The British Business Bank’s second annual Nations and Regions Tracker, published today, finds usage of external finance has fallen overall across the UK, as nine out of the twelve regions saw a drop in use of small business finance. In addition, 38% of smaller businesses were using external finance in the second quarter of 2022, down seven percentage points from 45% a year earlier. Core debt products remain the most used and widely available... more
New Report by BPC and Fincog Offers Insights for Banking Players Interested in the Middle Eastern Digital Banking Market
- 2 years 3 months ago
- Banking
Global payment leader BPC and strategy consultancy firm Fincog today announced the launch of a new report on the digital banking market of the Middle East, with a particular focus on the countries of the Gulf Cooperation Council (GCC).
Azentio Software wins Excellence in Islamic Banking Solutions Award at Finnovex Saudi Arabia 2022
- 2 years 3 months ago
- Islamic Finance
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that it has won the ‘Excellence in Islamic Banking Solutions’ award at Finnovex Saudi Arabia 2022, for the Azentio ONEBanking Islamic Software Suite, industry-leading technology and best-selling Islamic core banking suite globally.
18/11 – Weekly Fintech Recap
- 2 years 3 months ago
- Artificial Intelligence, Payments, Banking, FinTech StartUps, M&A Deals, People Moves
Partnerships HSBC and Wells Fargo Expand DLT Solution to Include Offshore Yuan