Sterling Federal Bank selects Finastra's Fusion Phoenix as the core to carry it into the future
- 6 years 3 months ago
- Banking
Finastra announced that Sterling Federal Bank (Sterling, IL) has selected Finastra’s Fusion Phoenix to support the bank as it expands its business from one focused primarily on consumer banking and mortgages to one with a strong presence in commercial banking. Fusion Phoenix, run from the Azure cloud, was chosen for its ability to evolve with the bank’s needs, and integrate seamlessly with its existing loan technology from Finastra.
FICO Digital Banking Study: Biometrics Have The Last Pass Word
New independent data for FICO, a global leader in analytics software, reveals that despite universal consumer advice that one password for all financial accounts is equivalent to leaving the front door open, only 40 percent of Brits have separate passwords for each of their financial accounts. Nearly one in five Brits write down all their passwords, another security no-no. On a brighter note, there is wide acceptance of advanced security options... more
Wirecard enables Payhawk to launch a corporate Visa card to simplify expenses and accounting for businesses
Wirecard, the global innovation leader for digital financial technology, is collaborating with Bulgarian Fintech Payhawk to launch a new Visa corporate card to provide companies with an easy solution to manage corporate expenses. Payhawk will benefit from Wirecard’s tailor-made corporate expense card solution including end-to-end card infrastructure as well as Wirecard’s expertise in the payment industry.
Allica Bank appoints Richard Cameron as Head of Asset Finance
- 6 years 3 months ago
- Banking, People Moves
Allica Bank, the business bank with a focus on empowering small and medium sized businesses to succeed, has today formally announced the appointment of Richard Cameron as Head of Asset Finance. In his role, Richard is leading on the delivery of a fully integrated Asset Finance proposition that is transparent, easy to access and enables businesses to secure the finance they need to realise their ambitions.
Nordea launches Long Term Incentive Programme 2020-2022
- 6 years 3 months ago
- Banking
The Board of Directors has decided to launch a Long Term Incentive Programme (LTIP) including the CEO and eight other members of the Group Leadership Team (GLT) in accordance with the remuneration policy for governing bodies adopted by the Annual General Meeting.
Sensibill Partners with Chase for Digital Receipt Management
Sensibill has partnered with Chase to provide the bank with its digital receipt management solution, making it easier and quicker than ever before for Chase customers to make returns, submit warranties and expenses, track spending and manage their financial health.
First Bank partners with HTMA to debut Kids Cash and Plinqit savings app
- 6 years 3 months ago
- Banking
First Bank announced today that it has partnered with HT Mobile Apps (HTMA) to offer Kids Cash, a free mobile application designed to educate children ages three to 12 years old on the benefits of saving, and Plinqit, the only savings app that pays users for learning about personal finances.
Fintechs Must Take Part in COVID-19 Recovery, says Bruc Bond
Leading business banking firm Bruc Bond believes small businesses must be helped by fintechs to lessen shock of worldwide pandemic The COVID-19 pandemic has severely crippled the global economy. While social distancing measures have been vital to securing people's lives and enabling effective governmental responses to the pandemic, SMEs around the world have been hit hard by these necessary measures.
Berlin-based Vivid Money launches digital banking services in Germany
- 6 years 3 months ago
- Banking
Vivid Money, a Berlin-based digital banking service, is launching in partnership with solarisBank and Visa. The company claims to be the first mobile-first full-service banking solution, offering cashback programs, sub-accounts in foreign currencies and eventually, investment products, in a single app.
NYMBUS Secures $12M in New Growth Funding
- 6 years 3 months ago
- Banking
MIAMI--(BUSINESS WIRE)--NYMBUS®, a provider of the world’s most advanced financial services platform, today announced it has completed $12 million in a new financing round led by the company’s major shareholders of Insight Partners and Vensure Enterprises.
Tabby secures a $7 million investment to support its launch in Saudi Arabia
- 6 years 3 months ago
- E-Commerce, Lending, Banking
UAE-based buy now, pay later startup Tabby has secured a $7 million investment to support its launch in Saudi Arabia. The funding round was led by Raed Ventures with participation from MSA Capital and existing investor Arbor Ventures.
Auriga launches advanced digital branch solution for assisted remote access to financial services
- 6 years 3 months ago
- Banking
Auriga, a leading supplier of technological solutions for the omnichannel banking and payments industries, today introduced WWS Bank4Me, a new advanced remote banking solution, part of its ‘NextGenBranch’ offer. The new solution allows customers to access all the services of the bank in self-service mode and interact with the bank's consultants via video assistance, in a safe and personalised way.
Celent Names Backbase a Global Leader in Digital Banking
- 6 years 3 months ago
- Banking
Backbase today announced it has topped Celent’s Modern Digital Banking Channel Platform global vendor assessment, coming first in all four categories of the awards. After a thorough analysis of 9 vendors, the report clearly showcases Backbase as the leader in the global digital banking channel platforms vendor landscape. Backbase was praised for its ability to keep ahead of market needs, the flexibility of its platform and the completeness of... more
Zenus Bank appoints Chief Marketing Officer
- 6 years 3 months ago
- Banking, People Moves
Zenus Bank today announced the appointment of seasoned marketeer John Woods to the newly created role of Chief Marketing Officer (CMO). London based (for now) Woods will oversee global marketing strategy, advertising, sponsorship, customer acquisition and the launch of the new digital bank.
Survey released by Temenos finds AI vital for banks' survival in COVID world
- 6 years 3 months ago
- Artificial Intelligence, Covid-19, Banking
Two-thirds of banking executives believe that new technologies such as AI, machine learning will continue to have the greatest impact on the global banking sector in the next five years, according to a global survey conducted by the Economist Intelligence Unit (EIU) on behalf of Temenos (SIX: TEMN), the banking software company.
