Fleximize Gets £16.3m Funding for SME Lending
- 8 years 3 months ago
- Retail Banking
Today Fleximize, the UK’s first revenue-based finance provider, reported that it has closed a new financing facility of £16,300,000 from Hadrian’s Wall Secured Investments Limited, a specialised investment fund.
Julius Baer Teams Up With Crealogix To Enhance Mobile Banking
- 8 years 3 months ago
- Banking
The private bank Julius Baer has successfully revealed the newest generation in mobile banking. The bank is the first to offer its customers the opportunity to log into online banking using only their smartphone. This means that they can use all functions while out and about. The solution, which was jointly developed with CREALOGIX, solution is impressive thanks to its high level of user-friendliness and secure access via push authentication.
Creditsafe Receives FCA Accreditation
- 8 years 3 months ago
- Retail Banking
Global business intelligence experts, Creditsafe, has been granted full Financial Conduct Authority (FCA) accreditation. Creditsafe, the global business intelligence experts are the world’s most-used supplier of online company credit reports, serving 200,000 subscription customers globally and producing 125 million credit reports annually.
Canadian Western Bank Partners with Payfirma
CWB Financial Group (CWB) strategically partners with Payfirma today, the first of its kind in Canada, that will provide CWB with a white labeled version of Payfirma’s industry-leading payment technology platform, PayHQ. The release of CWB PayHQ on May 1, 2017 will allow CWB to add a fully integrated, omni-channel merchant services platform to its growing portfolio of business services products.
The Avaloq Group and Zürcher Kantonalbank Extend Their Partnership
- 8 years 3 months ago
- Banking
The bank has relied on the Avaloq Banking Suite for processing its securities transactions and for fund administration since 2006. It benefits from the modularity of the Avaloq Banking Suite, which enables the seamless implementation of functional enhancements. The Avaloq Portfolio Management module is to be added to the portfolio management system currently used at Zürcher Kantonalbank. The bank is also planning to use the Avaloq Wealth... more
Hellenic Bank Launches Open API
- 8 years 3 months ago
- Banking
Hellenic Bank has now stretched beyond the realm of traditional banking to lead the way in reimagining financial services through API Banking. Open APIs (Application Programming Interfaces) act as the messenger between systems to provide seamless, real time communication amongst different applications. These APIs are built explicitly for open ecosystems (internal or external) and not for closed private networks.
Central Bank of Iceland Selects SIA To Implement The New Real-Time Gross Settlement System And New Instant Payment Platform
- 8 years 3 months ago
- Banking
The Central Bank of Iceland has chosen SIA - European hitech company, leader in payment infrastructures and services - to implement and support the new realtime gross settlement system and the new instant payment platform.
EBA Gives Supervisory Authorities Thumbs Up for IT Systems
- 8 years 3 months ago
- Banking
Today the European Banking Authority revealed a Report on the Peer Review carried out on its ITS on supervisory reporting aimed at assessing how supervisory authorities have ensured its consistent and comprehensive implementation.
Atom Bank Price-Match 5 Year Fixed Rate Mortgages to 2 Year Rates
- 8 years 3 months ago
- Banking
Atom bank is offering customers the chance to lock into a 5 year fixed rate mortgage at the same rates as their current 2 year products. This revolutionary move of aligning rates across short and longer term fixed rate mortgages will enable customers to fix one of their most significant monthly outgoings at a lower rate for longer. Details of the new products are: Rate decreases across all 5 year LTV (loan to value) bands to match our 2 year... more
First Islamic Fintech Receives UK Regulator's Approval
- 8 years 3 months ago
- Banking
A London-based start-up claims it is the first shariah-compliant fintech to be given regulatory approval in the UK. Yielders, an equity-based crowdfunding platform for UK property investment, was given the green light by the Financial Conduct Authority (FCA) in early April.
Starling Bank Unveils Developer Portal
- 8 years 3 months ago
- Banking
Today Starling Bank revealed its much anticipated Developer Portal and took the next step on its roadmap to building out its Marketplace Platform. Debuting for the launch of Innovate Finance 2017, Starling Bank’s Developer Portal enables third-parties to securely access customer data (with their permission, of course) and build on top of the Starling Platform using the mobile-only bank’s APIs (Application Programming Interface).
Naqoda Introduces Core Banking Platform
- 8 years 3 months ago
- Banking, Infrastructure
Today Innovate Finance member Naqoda, financial software solutions and services provider, announced the release of its core banking software. Naqoda’s software will allow existing banks, challenger banks, retail entrants and others to quickly deliver an omnichannel banking experience to their customers and efficiently organise their day-to-day operations.
Fulton Financial Corporation Renews Partnership With Fiserv
- 8 years 3 months ago
- Banking, Infrastructure
Today Fiserv, Inc., a global leader in providing financial services technology solutions, revealed that Fulton Financial Corporation, a bank holding company headquartered in Lancaster, Pennsylvania, has signed a long-term agreement to renew its relationship with Fiserv.
Mastercard Welcomes Latest Start Path Program Participants
Today, Mastercard welcomed five new startups to its Start Path Global program – the company’s global initiative to support innovative later-stage startups who are reshaping the future of commerce. The program is open to startups who are rethinking banking and payments and have raised a significant seed or Series A round of investment.
Lloyds Banking Group: Updates On FinTech Mentoring Scheme
- 8 years 3 months ago
- Banking, FinTech StartUps
Previousely, Lloyds Banking Group introduced a new mentoring scheme that sees FinTech start-ups benefit from the broad expertise of its colleagues from across the Group. Amongst other relationships, Innovate Finance helped to identity suitable start-ups to benefit from the scheme, which sees senior Lloyds Banking Group colleagues act as mentors to help FinTech start- ups develop their business and proposition by sharing expertise. The scheme... more
