Baker Hill’s NextGenÒ Banker Application Nominated for Product Innovation of the Year in TechPoint’s 24th Annual Mira Awards
- 3 years 7 months ago
- Banking
Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management and analytics, announced its Baker Hill NextGen® Banker Application was named a Product Innovation of the Year nominee by TechPoint for the 24th annual Mira Awards. The TechPoint Mira Awards are Indiana’s largest and most prestigious technology awards, and the annual awards gala will celebrate the “Best of Tech” in Indiana at the JW... more
UBS to Acquire Credit Suisse
- 3 years 7 months ago
- Banking
UBS plans to acquire Credit Suisse. The combination is expected to create a business with more than USD 5 trillion in total invested assets and sustainable value opportunities. It will further strengthen UBS’s position as the leading Swiss-based global wealth manager with more than USD 3.4 trillion in invested assets on a combined basis, operating in the most attractive growth markets.
Keystone Talent Bank Integrates ID-Pal for Real-time Right-to-Work Checks
- 3 years 7 months ago
- Banking
Global identity verification provider ID-Pal today announced a partnership with Keystone Talent Bank to deliver real-time digital right-to-work checks. ID-Pal is now integrated as part of their services within Talent Bank, to allow users to conduct checks in line with the UK Digital Identity & Attributes Trust Framework (UKDIATF).
20/03 – Weekly Fintech Recap
- 3 years 7 months ago
- Artificial Intelligence, Payments, Banking, FinTech StartUps, M&A Deals, People Moves
Partnerships AllianceBernstein Selects Aiviq for Client AUM and Flow Data Products and Services
For CFOs, Paystand Adds New Treasury Offerings for Managing Cash in the Wake of Bank Failure
- 3 years 7 months ago
- Banking
On Thursday, March 9, 2023, tens of thousands of companies that had all of their assets in Silicon Valley Bank (SVB) accounts went into a state of panic. Cash they depended on to make payroll and pay critical bills disappeared, as the 16th largest bank in the United States by assets defaulted.
Xapo Bank Integrates with Faster Payment System, Unlocking 24/7- 365 Zero-Fee Fund Settlement in Great British Pounds (GBP)
- 3 years 7 months ago
- Banking
Xapo Bank, a leading Bitcoin custodian and licensed private bank, today announced that it has integrated with the Faster Payment System (FPS) to offer 24/7 - 365 zero-fee fund settlement in the United Kingdom and overseas territories.
BankiFi and Financielle Launch Playbook Helping Business Owners Get Time Back
- 3 years 7 months ago
- Banking
Manchester-based fintechs, BankiFi and Financielle have announced the joint launch of a new playbook for small-to-medium-sized enterprises (SMEs), giving business owners back their most valuable asset - time.
7th Edition Connected Banking Summit East Africa - Innovation & Excellence Awards 2023 Concludes with Resounding Success
- 3 years 7 months ago
- Banking
The Summit brought together the best and brightest minds in the banking, financial services, fintechs and techfin sectors. The event, which took place on 7th March 2023, featured insightful speakers, award-winning companies, and top-notch sponsors.
HSBC acquires Silicon Valley Bank UK Limited
Strategic acquisition to strengthen HSBC’s banking franchise in UK HSBC Holdings plc announces that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1.
Banking Aggregation and Payment Automation Platform Numeral Launches in the UK
- 3 years 7 months ago
- Banking
Numeral announces its launch in the UK, with the support of SEPA, Bacs, and FPS payments for UK fintech companies. The news follows integrations with UK banks Lloyds bank, Barclays, and HSBC as well as the recent appointment of Victor Mithouard as Vice President, Growth, and the company's first executive in the UK.
13/03 – Weekly Fintech Recap
- 3 years 7 months ago
- Open Banking, Payments, Banking, FinTech StartUps, M&A Deals, People Moves
Partnerships Aevi Selects OvationCXM to Transform Digital Payment Customer Experience
The SVB Collapse and Rising Concern Among the UK Startups
- 3 years 7 months ago
- Banking
The authorities in California shut down Silicon Valley Bank (SVB) due to a liquidity crisis that caused customers to withdraw their funds. This event has caused concern among UK startups that have accounts with SVB's UK subsidiary, as it is the largest bank failure since the 2008 financial crisis. However, SVB UK has stated that it is still conducting business as usual, processing payments and funding loans for its UK clients.
Orion Innovation Acquires Banktech Software Services
- 3 years 7 months ago
- Banking
Orion Innovation (“Orion”), a leading digital transformation and product development services firm, today announced the acquisition of
HMBradley Partners with Thought Machine to Usher in the Future of Banking
- 3 years 7 months ago
- Banking
HM Bradley, Inc (“HMBradley”), a financial technology platform built to reward savers, today announced a strategic partnership with Thought Machine, a leading provider of banking technology. The partnership enables HMBradley to eliminate its waitlist and open new accounts for the first time in over 16 months. HMBradley has also partnered with New York Community Bank, a division of Flagstar Bank, N.A. (“NYCB”), which will maintain the customer... more
94% of Banks Eyeing Investment in Modern Payment Tech, to Keep Pace with Fintech Innovation
- 3 years 7 months ago
- Banking
Aite-Novarica Group research reveals that payments is an important area of growth and innovation within the commercial banking space, and legacy systems cannot support end-user demand for better payment capabilities. Almost half of banks surveyed say fintechs, which typically provide a smooth customer experience, have already taken at least 10% of their payments volume. Recognizing this trend, the majority of banks globally are investing in... more
