51% of European Businesses Believe Banking-as-a-Service will Make Traditional Banking Obsolete
- 3 years 9 months ago
- Banking
Over half of European business leaders expect Banking-as-a-Service (BaaS) to make traditional banking obsolete, according to new research from Vodeno/Aion. The BaaS provider commissioned an independent study among more than 1,000 senior decision-makers within businesses based in the UK, Belgium and the Netherlands. Its report – Banking-as-a-Service 2.0 – Why Embedded Finance will make its mark in 2023 – reveals that 51% believe BaaS will spell... more
Xalq Bank Launches New Loyalty and Rewards Programs with the Help of Compass Plus Technologies
- 3 years 10 months ago
- Banking
Xalq Bank, one of the leading banks in Azerbaijan, has launched new XalqKart PETROL and CASHBACK cards using solutions from Compass Plus Technologies, an international provider of retail banking and electronic payments software. The cards were created to reward Xalq Bank customers for making transactions using the programs.
A New Ethiopian Bank to Revolutionize Banking by Partnering with Intellect Global Consumer Banking
- 3 years 10 months ago
- Banking
Intellect Global Consumer Banking (iGCB), the consumer banking arm of Intellect Design Arena Limited, announced that a new Ethiopian bank has chosen its product Intellect Digital Core (IDC) to power its banking. IDC has been recognized as the number 1 platform in Retail banking as per IBS Intelligence in 2022.
Starling Bank to Launch its First Fixed Saver Product Offering 3.25%
- 3 years 10 months ago
- Banking
Starling Bank is today rolling out its first savings product offering a guaranteed return of 3.25% over one year on balances of £2,000 or more. The new Starling 1-Year Fixed Saver is built seamlessly into the Starling app for maximum visibility and control.
Bpifrance Selects Thought Machine to Deliver the Next-generation of Finance to SMEs in France
- 3 years 10 months ago
- Banking
Thought Machine, the cloud-native banking technology company, today announces that Bpifrance, the French public investment bank, is using Thought Machine’s cloud-native core banking platform, Vault Core.
1 in 4 Brits Struggle to Get Through to the Right Person from Their Bank Over the Phone
- 3 years 10 months ago
- Banking
Fluro has surveyed over 2,000 Brits with a bank account to reveal how happy they are with their provider’s services and what areas are most important when choosing a bank. They have also created a ranking of the best banks around the world for customer satisfaction, analysing Trustpilot reviews to reveal which are providing the best service overall.
Accelerating Digital Inclusion and Sustainable Transformation
- 3 years 10 months ago
- Banking
The 7th Edition Connected Banking Summit - East Africa will be held on 7th of March in Nairobi, Kenya The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations while ensuring the highest standards of privacy and security.
Finastra and Veem Announce Partnership to Equip Banks With Digital AP and AR Solutions
- 3 years 10 months ago
- Banking
Veem, an accounts receivable (AR) and accounts payable (AP) network for small and medium-sized businesses (SMBs), today announced a partnership with Finastra, a global provider of financial services software applications and marketplaces,
C6 Bank Selects Vault Core to Power Next Phase of Financial Services Innovation
- 3 years 10 months ago
- Banking
C6 Bank, a full-service bank for individuals and businesses based in São Paulo, Brazil, today announces it will be using core banking technology from Thought Machine for innovative products, which will be announced shortly. C6 Bank offers banking services to more than 20 million customers and will build and launch innovative products running on Vault Core – Thought Machine’s cloud-native core banking platform.
Fintech Companies Froda and Treyd Join Forces to Provide Merchants Better Growth Financing
- 3 years 10 months ago
- Banking
Two of Sweden’s fastest-growing fintech companies are joining forces in a partnership to provide easier and more accessible growth financing for retailers that import goods. A unique, simple, and completely digital credit scoring process enables small and medium-sized businesses to quickly get financing with fair terms and rates. The partnership will launch in Sweden and the UK, with the ambition to expand across Europe.
TIB, N.A. (The Independent BankersBank) Selects Jack Henry to Enable Technology Modernization and Ongoing Innovation
- 3 years 10 months ago
- Banking
Jack Henry™ announced today that it has been selected by TIB, N.A. (The Independent BankersBank), the nation’s largest bankers’ bank, to provide technology infrastructure. This technology will allow community banks to continue innovating, supporting their distinct growth strategies, and competing with larger financial institutions and fintechs.
Svea Bank Acquires Finnish Business of AREX Markets
- 3 years 11 months ago
- Banking
AREX Markets, the data-driven FinTech company that drives financing costs down for SMEs and enables them to get paid quicker, has announced the sale of its Finland operations to Swedish payment and financing institution Svea Bank.
05/12 – Weekly Fintech Recap
- 3 years 11 months ago
- Artificial Intelligence, Open Banking, Payments, Banking, Cloud, M&A Deals, People Moves
Partnerships Paymentology Customer, Tweeq, Among First Fintechs in Saudi Arabia to Receive License from Saudi Central Bank
Paymentology Customer, Tweeq, Among First Fintechs in Saudi Arabia to Receive License from Saudi Central Bank
- 3 years 11 months ago
- Banking
Paymentology, the world’s first truly global issuer-processor, is today proud to announce its support of customer Tweeq, a leading Saudi Fintech, on being among the first in the Kingdom to achieve an e-money license from The Saudi Central Bank (SAMA).
Tuum Appoints UK Sales Director and Opens London Office to Support Strong Market Growth
- 3 years 11 months ago
- Banking
Tuum, the next-generation core banking platform, has today announced the appointment of Giorgio Daher as UK Sales Director. The appointment is part of the company’s wider strategy to support strong demand for Tuum’s technology in the UK , including the opening of a new office in London.
