Finzly CEO Booshan Rengachari Named to U.S. Faster Payments Council’s Board Advisory Group
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced that the company’s CEO and founder, Booshan Rengachari, has been named a new member of the U.S. Faster Payments Council’s Board Advisory Group.
Raiffeisenbank Russia has Deployed AI Smart Engines ID Scanning Technologies for Customer Onboarding
- 3 years 4 weeks ago
- Artificial Intelligence, Banking
Raiffeisenbank Russia has integrated Smart Engines software for automatic passport recognition. Opening an account in bank branches with Smart ID Engine is now more comfortable with highly precise and fast data extraction. The technical solution based on Smart ID Engine works on-premise, which guarantees personal data security and privacy.
SME Leaders Hopeful of Making Up Lost Revenue Caused by Covid-19 Within a Year
- 3 years 4 weeks ago
- Banking
SME leaders believe it will take on average 12 months for their businesses to make up for lost revenue caused by the COVID-19 pandemic, according to research revealed today by Nucleus Commercial Finance. Over half a million SMEs (590,000) say it will take between 10-12 months to make up the lost revenue caused by Covid-19 and 1.6 million say between 10 months and two years.1
Mahir Zaimoglu to Join Banking Circle
- 3 years 4 weeks ago
- Banking, People Moves
Banking Circle, the tech-led licenced bank supporting the cross border flows of Payments businesses and Banks, has announced that Mahir Zaimoglu is joining senior management to, among other areas, assist with the strategic review of monetization options. Mahir joins with more than 20 years of experience in the financial industry, most recently as Managing Director and Head of Financial Sponsors M&A in EMEA for Goldman Sachs. Previously he... more
J.P. Morgan Private Bank Inaugural Report on Businesses Powered by Women Reveals Striking Growth Despite Headwinds Due to Pandemic
- 3 years 4 weeks ago
- Banking
J.P. Morgan Private Bank today released the results of its first-ever Top 200 Female-Powered Businesses report analysing opportunities and challenges for UK women in businesses.
Bhairav Trivedi, CEO of Crown Agents Bank Comments
- 3 years 1 month ago
- Banking
“In announcing the UK Government’s intentions to explore the use of Central Bank Digital Currencies, the Chancellor has made the most significant step of anyone globally to date, in bringing about mainstream adoption of digital currencies. This is a far cry from the early days of cryptocurrencies, when they were often dismissed for their links to illegal activity.
Bhairav Trivedi, CEO of Crown Agents Bank comments on Central Bank Digital Currencies
“In announcing the UK Government’s intentions to explore the use of Central Bank Digital Currencies, the Chancellor has made the most significant step of anyone globally to date, in bringing about mainstream adoption of digital currencies. This is a far cry from the early days of cryptocurrencies, when they were often dismissed for their links to illegal activity.
Locality Bank IO Partners With NYMBUS to Create & Grow Digital-First De Novo That Empowers Community Businesses
- 3 years 1 month ago
- Banking
NYMBUS®, a leading provider of banking technology solutions, today announced Locality Bank IO has selected Nymbus and its unique GROW model to launch South Florida’s newest digitally-enhanced community bank for se
Things You Must Know Before Applying For A Personal Loan
- 3 years 1 month ago
- Banking
A personal loan allows a customer to borrow a fixed amount of money for various reasons. Many lending institutions like banks, online lenders and credit unions provide personal loans. You can use personal loans according to your wish. For example, you can use it to buy a new car or expand your existing business. Personal loans are a better alternative to credit cards. Personal loans allow flexibility as you have to pay a specific amount of money... more
Yimba and Railsbank Partner to Enhance Digital Wallet Services
Yimba a FAST (Fintech As a Service Technology) company, and
Nucleus Commercial Finance Enhances Business Growth Loans to Support More SMEs
- 3 years 1 month ago
- Banking
Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced enhancements to its Business Growth Loans, helping to support more UK SMEs as lockdown restrictions are eased. The product, initially launched in March, was the industry’s first solution designed to support SMEs as the government’s Coronavirus Business Interruption Loan Scheme (CBILS) came to an end.
Avaloq Enters Partnership with Adviscent to Provide Smart Content Solutions for Wealth Managers and Private Banks
- 3 years 1 month ago
- Investment, Banking
Adviscent, a Zurich-based fintech, is connecting with the recently launched Avaloq Wealth Platform to accelerate the transformation of established financial institutions’ advisory business by means of an innovative content hub.
Rocker Selects Vilja Banking Platform to Facilitate its Savings Offering
Fast-growing bank challenger Rocker chooses to partner with Vilja when expanding its business to offer consumer savings accounts with a deposit guarantee. Swedish fintech Rocker, formerly known as Bynk, is expanding its mobile services offering to include savings accounts for its customers as part of its ambition to help consumers optimize their spending and finances.
Citi Taps Mastercard Send™ to Expand Payment Exchange Capabilities for Clients in the U.S.
Integration of Mastercard Send™ provides the ability to transfer funds to debit and prepaid card accounts
Santander Becomes a Founding Member of the Net Zero Banking Alliance
- 3 years 1 month ago
- Banking