Evolve Funds Group Inc. Launches Banks ETF Based on Solactive’s Index
With interest rates expected to rise in 2022, banks could increase their profit margins, which is leading investors to keep an eye on the sector as a strategy for their portfolio. Within this framework, Evolve Funds Group Inc. launched an ETF based on a Solactive Index designed for investors who seek increased yield from a covered call strategy.
Essential Federal Credit Union Supercharges Member Digital Engagement with Vericast’s Account Advisor Powered by Ignite Sales
- 3 years 1 month ago
- Credit Cards, Banking
Account Advisor enables Essential FCU to provide a deeper, consistent, and differentiated member experience Vericast, a leading marketing solutions company that delivers actionable insights and operational expertise at scale, today announced that Essential Federal Credit Union (FCU) has selected Vericast’s Account Advisor solution powered by Ignite Sales’ guided conversation technology.
R/GA London Partners with NBK to Create ‘Weyay’ - the First fully-digital Bank in Kuwait
- 3 years 1 month ago
- Banking
Best-in-class banking experience designed specifically for the next generation of Kuwait R/GA London is pleased to announce it has partnered with the National Bank of Kuwait (NBK) on the launch of Weyay, the very first fully-digital bank in Kuwait. Built from the ground up in just twelve months, Weyay is designed to serve the financial and lifestyle needs of young Kuwaitis. The new banking platform is part of NBK’s wider digital strategy to... more
Railsbank Launches white-label BNPL Solution for Retailers
- 3 years 1 month ago
- Banking
Railsbank, the leading global Embedded Finance Experiences platform, has launched a new white label Buy Now Pay Later (BNPL) credit solution that enables retailers to offer their own branded, fully-integrated BNPL payment experiences.
Cocoon Partners With EML Nuapay To Save Car Dealerships 75% On Payment Processing Fees With Open Banking
Nuapay's partnership with Cocoon empowers auto sales garages to cut costs by three quarters compared to traditional card-based payment methods, which do not suit automotive dealers.
Toolstation Partners with Ecospend to Offer ‘pay-by-bank’ Services
Toolstation will become one of the largest ecommerce sites to adopt open banking Company adopts a series of different open banking enabled products to maximise customer experience Toolstation has today announced that it is partnering with Ecospend, a leading UK provider of open banking technology, to become one of the largest ecommerce sites to adopt ‘pay-by-bank’ technology as a payment alternative.
BNPL firm Anyday opts for Nordigen for client analytics and loan decision making
- 3 years 1 month ago
- Banking
Buy Now, Pay Later player Anyday has partnered with open banking platform Nordigen to provide accurate and healthy credit offerings. Using Nordigen’s premium lending categorisation tool, Anyday will be able to perform detailed credit checks, approving their customers in seconds. Anyday is a Denmark-based, financing solution that prioritises users’ experience, by removing interest rates and additional fees typically associated with BNPLs.... more
Swiss PFM start-up keycount partners with Aiia to centralize liquidity management with multiple accounts
- 3 years 1 month ago
- Banking, FinTech StartUps
Today the Swiss fintech startup keycount announces its partnership with the European open banking leader, Aiia - a Mastercard company. With access to the capabilities of open banking keycount is set to bring its users a one-stop-shop of liquidity management - a platform set to be launched in the German market during 2022.
Centrale Bank Van Curaçao en Sint Maarten, Local Banks and Worldline Join Forces to Facilitate Instant Payments
- 3 years 1 month ago
- Banking
The Centrale Bank van Curaçao en Sint Maarten (CBCS), in close collaboration with Worldline and the local commercial banks, has implemented the basic infrastructure for Instant Payments (IP). As a result as of 15 January 2022, all interbank payments in and between Curaçao and Sint Maarten and in Bonaire will now be processed within ten seconds, 24 hours a day and 365 days per year. With the exception of two local commercial banks, which will... more
Indian Neobank Kaleidofin Raises $10 Million
- 3 years 1 month ago
- Digital banking, Fundraising News, Banking
Kaleidofin claims to provide curated, goal-based financial solutions to customers It uses multiple sources of information to create individual personas of the household and provide specific financial solutions The startup claims to have over a million active transacting customers in the country across more than 230 semi-urban and rural districts
Struxtion, LLC and Solid Financial Technologies, Inc. Announce Partnership to Enhance Fintech Solution for Commercial Construction
Partnership delivers a frictionless financing process to meet working capital needs. Gregg Lund
SEBA Bank Raises CHF 110 Million In Series C Funding To Fuel International Growth And Drive Institutional Business
- 3 years 1 month ago
- Fundraising News, Asset Management, Banking
Successful financing round is co-led by a consortium of specialized blockchain and fintech investors, including Altive, Ordway Selections, and Summer Capital, as well as DeFi Technologies, a NEO listed leader in decentralized finance. Alameda Research, a global cryptocurrency quantitative trading firm and liquidity provider, as well as core partner of FTX, also participated in the round
Proud to Announce: Azentio Awarded AAOIFI’s Certificate of Compliance for iMAL™ R14.5
- 3 years 1 month ago
- Core Banking
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by
United Fintech in Buy-up of Athena Systems - Fourth Acquisition in Just Fourteen Months
- 3 years 1 month ago
- Asset Management, Banking, IT Innovations
Setting out on a multi-stage acquisition of US-based Athena Systems, United Fintech continues its rapid expansion in pursuit of becoming the global banking industry’s ‘one-stop-shop’ for innovative capital markets products, broadening the scope to target an asset management industry in urgent need of technological innovation: “Banking and buy-side tech is starting to overlap and we are seeing very similar existential challenges”, reasons Danish... more
Early Preparation for SWIFT Trade Finance Changes rewarded – with Seamless Transition for all Banks Using CBA’s IBAS GTF Solution
- 3 years 1 month ago
- Banking
ABN AMRO Bank among the banks that have successfully transitioned to new structured and more complex message formats for Guarantees and Standby Letters of Credit