Banking Competition Remedies LTD (BCR) Published Progress Updates on Public Commitments From Pool E Capability And Innovation Fund Recipients
- 4 years 1 month ago
- Banking
The Board of Banking Competition Remedies Ltd (BCR) today publishes progress updates for Pool E recipients, providing a summary of performance against their public commitments to the period 28th February 2021.
Virgin Money partners with Fintech Trade Ledger as Part of a New Business Banking Proposition
- 4 years 1 month ago
- Trading Systems, Payments, Banking
Virgin Money continues to build its business banking proposition, adding FinTech partner, Trade Ledger, which specialises in data-driven lending technology.
Tinkoff Becomes a Shareholder of Beskontakt LLC
Tinkoff Group, the leading online provider of financial and lifestyle services, has announced its acquisition of a majority stake in Beskontakt LLC, the developer of Koshelek digital wallet, an aggregator of banking cards and retail loyalty programs. The Koshelek app is a leader in its field, reporting the highest number of users of any app in Russia and the CIS. The deal was closed on 29 April 2021 and the transaction terms are to remain... more
Barclaycard Launches New Cashback Business Credit Card to Help SMEs Get Back on Track
- 4 years 1 month ago
- Payments, Credit Cards, Banking
Barclaycard has launched a new market-leading, fee-free cash back business credit card, designed to support small and medium businesses as the easing of restrictions brings optimism for the months ahead. The Barclaycard Select Cashback credit card is designed to support SMEs with one per cent cashback on all purchases – the most competitive offer currently available on a fee-free card. This is in addition to up to a 56-day interest-free period... more
Hampshire Trust Bank Becomes the Latest Bank set to Implement DPR’s Savings Solution
Leading UK banking software provider, DPR, has secured Hampshire Trust Bank (HTB) as the latest lender set to adopt its Savings solution for Origination and Servicing. DPR's market-leading Saving solution covers all the modern needs for financial institutions to serve corporate and retail savings customers. The DPR’s Saving Solution boasts a breadth of features including digital journeys (multi-channel access via desktop and mobile devices),... more
Banks will Return to Pre-COVID Performance Levels within Three to Five Years, According to Kearney Analysis
Analysis from global consultancy partnership Kearney has found that the performance of retail banks is likely to return to pre-pandemic levels within three to five years, although profitability will remain under pressure in the next two years.
illimity Presents its First Voluntary Non-financial Statement And Announces That it Already Achieved Carbon Neutrality in 2020
- 4 years 1 month ago
- Banking, Non-Financials
illimity Bank S.p.A. (“illimity” or the “Bank”) presents its first Voluntary Consolidated Non-Financial Statement (NFS) pursuant to the Italian Legislative Decree no. 254/2016 and announces that it already achieved carbon neutrality at a Group level in 2020.
PPS and Talenom Combine Award-Winning Financial and Accounting Solutions for Finland’s SME Market
Brand new partnership will enable financial services to be embedded into Talenom’s emerging SME solution ‘Accounting Alex’ to modernise banking for SMEs PPS, formerly PrePay Solutions and an Edenred company, today announces new partnership with leading Finnish accounting company, Talenom.
Linedata and First Bank Partnership Unlocks New Efficiencies
- 4 years 1 month ago
- Asset Management, Banking, Data
Linedata, a global provider of credit and asset management technology, data and services, today announced First Bank unlocked new efficiencies in its business lending division by fully adopting Linedata’s cloud-based capabilities and streamlined business procedures through Linedata Capitalstream.
BANK OF AFRICA Selects Conpend TRADE AI App, via Finastra, to Digitize Trade Processes
- 4 years 1 month ago
- Banking, IT Innovations, Financial
Finastra has announced BANK OF AFRICA, a pan-African financial group, has selected Conpend’s TRADE AI app from its open innovation platform, FusionFabric.cloud. The app extends the functionality of Finastra’s Fusion Trade Innovation technology and enables users to reduce document and compliance checking time.
Leading South Africa Microfinance Institution, Barko Goes Live on Temenos SaaS in Under 6 Months to Deliver Finance Faster
- 4 years 1 month ago
- Banking
Temenos, the banking software company, today announced that Barko Financial Services (BFS), a leading microfinance institution in South Africa, has gone live on Temenos Software-as-a-Service to make it faster and easier for South Africans to access finance remotely during Covid-19. The Temenos solution combines Temenos Infinity digital banking platform and Temenos Transact next-generation core banking. BFS can now originate loans for customers... more
ikigai Launches Public CrowdCube Campaign to Raise £1.2m and Accelerate Its Growth
- 4 years 1 month ago
- Banking
Maurizio Kaiser, co-founder of ikigai, comments on their Crowdcube launch: “Today we’re announcing our £1.2 million crowdfunding round on Crowdcube. As one of the first UK fintech to integrate wealth management and everyday banking into one app, we have already raised £2m to date via pre-seed investment, with the backing of angel investors. Now with Crowdcube, we’re opening up the chance for our community and peers to join us on this journey... more
Nymbus CUSO Secures Landmark $20 Million Investment by VyStar Credit Union
- 4 years 1 month ago
- Banking
NYMBUS®, a leading provider of banking technology solutions, today announced it has completed a significant financing round to advance the development of its new credit union service organization (CUSO), Nymbus CUSO.
Burrow launches a Digital Mortgage Platform with Client Portal and Retention Marketing solutions for Intermediaries and is piloting with over 30 brokerages.
- 4 years 1 month ago
- Core Banking, SaaS
Burrow has today announced that it is expanding its API-led Digital Mortgage Platform to include 2 powerful modules developed for mortgage brokers - an intuitive Client Portal and smart Retention Marketing.
GoCardless Launches Open Banking Payments, Offering Businesses a New Alternative to Taking One-off Payments
- 4 years 1 month ago
- Open Banking, Payments, Banking
GoCardless, a leading fintech for bank-to-bank payments, has today launched Instant Bank Pay, a new open banking feature directly integrated into its global payment platform. With Instant Bank Pay, merchants can take instant, one-off bank-to-bank payments from new and existing customers while still reaping the benefits of bank debit for their recurring payments.
