SEBA Bank Secures Financial Services Permission from Abu Dhabi Global Market and Opens Office in Abu Dhabi
- 3 years 1 week ago
- Banking
The Financial Services Permission (FSP) enables institutional clients to benefit from SEBA Bank’s digital asset banking services, including credit and custody solutions, investment advisory, and management SEBA Bank will leverage ADGM’s status as a leading global innovation hub to conduct regulated activities in the region
Atom Take on the Big 6 With New Market Leading Savings Rates
- 3 years 1 week ago
- Banking
Atom bank has increased the rates on its range of Instant and fixed rate savings products for the second time this year, as it leads the drive to put value back into the UK savings market. Atom’s Instant Saver now offers 75x times more reward than Lloyds, HSBC and Barclays’ equivalent products*. Atom is also offering table topping fixed saver rates, making sure savings are working hard as cost pressures pile on to households.
18/02 – Weekly Fintech Recap
- 3 years 1 week ago
- Digital banking, Open Banking, RegTech, Payments, Banking, IT Innovations, M&A Deals, People Moves
Partnerships Mastercard and Massmart partner to support SME transition from cash
Objectway Joins Euronext’s Techshare Programme
- 3 years 1 week ago
- Asset Management, Banking
The firm is among the 16 Italian companies selected to take part in TechShare, Euronext's pan-European pre-IPO educational programme that supports technology companies aiming to go public. Objectway, a global top 100 wealth, banking & asset management software provider, joins TechShare, the pan-European pre-IPO educational programme by Euronext supporting technology companies aiming to go public.
Sovcombank Registered the Program of Eurobonds Issue for 5 Billion Dollars
- 3 years 1 week ago
- Banking
Sovcombank registered on the Irish Stock Exchange a framework Eurobond program of $5 billion. The program is designed for five years and provides for the three types of securities - perpetual subordinated (T1), 10-year subordinated (T2) and senior Eurobonds, including green and social bonds. JP Morgan, Renaissance Capital and Sovcombank act as arrangers of the program, trustee and principal paying agent is Bank of New York Mellon. Documentation... more
A Third of Brits Feel Too Uncomfortable to Talk About Money With Their Friends and Family
- 3 years 1 week ago
- Banking
Klarna research reveals that a third of UK adults (32%) feel too uncomfortable to talk about money with peers, despite 44% worrying regularly about money A fifth (21%) have never discussed personal finances with friends or family, with 34% feeling too awkward to bring up the topic New data from Klarna coincides with the digital launch of its taboo-breaking and fun Money Talks card game after 16,000 people registered for the original card game
Trust Bank Reaches 99.4% of Its Asset Recovery Target
- 3 years 1 week ago
- Banking
The Bank of Non-Core Assets Trust (BNA Trust), which manages the non-core and distressed assets of major banks that were financially rehabilitated by the Russian Central Bank between 2017 and 2018, is on track to meet its asset recovery target two years earlier than planned.
Pakistan’s Largest Bank, HBL Selects Temenos to Transform its Banking Services
- 3 years 1 week ago
- Banking, Core Banking
Muhammad Aurangzeb, President & CEO – HBL (sitting on left) and Andreas Andreades, Executive Chairman – Temenos (sitting on right) signing the agreement. Senior Members from both the organizations were also present at the occasion. Temenos, the banking software company, today announces that HBL, Pakistan’s largest bank network is to adopt the Temenos core banking platform to provide domestic and international operations with a cutting-... more
OpenPayd hires ex-Worldpay VP, Daniel Belda as Head of Product Strategy
OpenPayd, a leading global payments and banking-as-a-service platform has today announced the appointment of Daniel Belda as its Head of Product Strategy. Belda will define the go-to market approach for OpenPayd’s embedded finance and BaaS product suite, oversee the continuous improvement of its services and build new fintech propositions for its diverse set of clients.
Trulioo Announces Four New Customers in the Banking Industry
- 3 years 1 week ago
- Banking
Financial services providers rely on identity verification for seamless and secure customer onboarding
On February 14, Sovcombank Merged With Vostochny Bank and the Latter Ceased to Exist
- 3 years 1 week ago
- Banking
Sovcombank closed the acquisition of Vostochny Bank on April 14, 2021. The operational integration of the banks was completed in 2021, and on February 14, 2022, Vostochny Bank accessed into Sovcombank, which became the legal successor to its assets and liabilities.
GreenBox POS Enters Partnership with Cross River, Paving the Way Toward Full Banking as a Service Initiative
- 3 years 1 week ago
- Blockchain, Banking, Security
End-to-End Banking Solution to Massively Expand Universe of Existing and Potential Customers Creating Multiple New Channels for Revenue and Eliminating The Need for Multiple Financial Platforms
Unlimint Adds Pix to Its Acquiring Offering Globally
Unlimint, the award-winning global fintech company, announced that it has added Brazil’s real-time payment system, Pix, to its local payment methods portfolio, enabling merchants access to 107.5 million Brazilian customers.
TSB Launches New BankiFi App to Help Business Customers Receive Quicker, More Convenient Payments
- 3 years 1 week ago
- Banking, Core Banking, Technical
Banking technology platform provider, BankiFi, has partnered with TSB to launch Revenu; an app, exclusive to TSB that will allow small businesses to receive quicker payments and to better manage their business finances. Revenu allows TSB’s business clients to collect customer payments from requests sent via SMS, WhatsApp, email and QR code. It significantly simplifies the invoice process by providing several flexible, accessible ways of... more
Cynergy Bank Reaches £3Bn Lending Milestone
£3bn lent to scale-ups and property entrepreneurs across the UK Cynergy Bank, has reached a lending milestone having grown to £3bn by continuing to support SME’s, property entrepreneurs and homeowners. Cynergy Bank, the human digital bank, reached the milestone figure at the beginning of 2022 against a backdrop of two years of economic uncertainty caused by the pandemic.
