Status Money Transforms from Financial Advice Platform to financial Services Provider Thanks to new Railsbank Partnership
- 2 years 7 months ago
- Money Transfers, Credit Cards, Banking
Partnership means that Status Money will now offer a credit card that automatically invests rewards in cryptocurrency Railsbank, the leading global Embedded Finance platform, and Status Money, the New York-based personal finance company, are partnering to launch an industry-leading cashback credit card that automatically invests rewards in cryptocurrency.
BCR Publishes Progress Updates on Public Commitments from Pool A, B, C and D Capability and Innovation Fund Recipients
- 2 years 7 months ago
- Banking
The Board of Banking Competition Remedies Ltd (BCR) today publishes progress updates for Pool A, B, C and D recipients, providing a summary of performance against their public commitments to the period 30th June 2021. The updates of those awarded, their original commitments made and key achievements to date can be found here.
FamiCord Group Investing in Stem Cell Bank Owned by Smart Cells Holdings Limited, UK
- 2 years 7 months ago
- Banking
Polski Bank Komórek Macierzystych S.A. (PBKM), which leads the international FamiCord Group, Europe's largest stem cell bank, signed a transaction agreement with shareholders of Smart Cells Holdings Limited, based in London UK, to acquire a majority stake in the stem cell bank operating in Great Britain, Middle East (United Arab Emirates, Lebanon, Oman, Bahrain, Kuwait and others) and Hong Kong.
Standard Bank Selects TCS BaNCS™ Cloud for Digital Claims Transformation in Short Term Insurance
- 2 years 7 months ago
- Banking, Cloud, Consultancy
Tata Consultancy Services’ SaaS Offering to Help the Leading South African Insurer Process Claims Faster, Offer Personalized Customer Experiences, and Drive Product Innovation
Serving the Underserved: Avail Finance to Deploy Scienaptic's Decisioning Engine to Power Credit Decisions
- 2 years 7 months ago
- Banking
Deployment to enable enhanced credit decisions, incorporating richer data and analytics Leading global AI-powered credit decision platform provider, Scienaptic AI, announced that Avail Finance has chosen to implement the company's credit decisioning platform to enhance their credit decisioning for India’s blue-collared workforce.
FV Bank Secures $8 million Series A Investment
- 2 years 7 months ago
- Blockchain, Investment, Cryptocurrencies, Banking
Funding will be used to expand product offering and international reach as FV Bank redefines banking for fintech, blockchain and cryptocurrency firms.
Digital Horizon VC Invests In Singapore Fintech Honest Bank
- 2 years 7 months ago
- Banking
Honest Bank is building a credit product for the Indonesian market. Digital Horizon Venture Fund invested in a Singapore fintech company Honest Bank during its series A round. The company raised a total of $19.7 million; the round was led by Insignia Ventures Partners and Digital Horizon VC. Digital Horizon invested $5.5 million.
Tinkoff named Most Innovative Digital Bank in Central and Eastern Europe at 2021 World’s Best Digital Bank Awards
- 2 years 7 months ago
- Banking, Online Banking, Financial
Tinkoff has been recognised for its innovative banking solutions as the Most Innovative Digital Bank in Central and Eastern Europe at Global Finance magazine’s 2021 World’s Best Digital Banks awards. In 2020, Tinkoff unveiled its AI Banking strategy that aims to transform its customer offering through personalisation with the help of artificial intelligence across all products and services.
SavvyMoney Hits Growth Milestone by Launching its 500th Financial Institution Partner
SavvyMoney, the leading provider of a fully integrated credit score solution that provides credit scores, reports, and actionable insights directly from a financial institution’s online and mobile banking platform, today announced the launch of its 500th financial institution partner.
Currencycloud Hires Industry Heavyweights for COO & CTO Roles Following Strong H1 Growth
- 2 years 8 months ago
- Banking, FinTech StartUps
Currencycloud, the experts simplifying business in a multi-currency world, announced today the appointment of Mark Ledsham as the firm’s new Chief Operations Officer (COO), and Neil Drennan as its new Chief Technology Officer (CTO).
Leading Banking-as-a Service (BaaS) Provider Finaptic Chooses Acuant to Power Trusted Onboarding
- 2 years 8 months ago
- Banking
Acuant will provide KYC and Identity Verification tech for seamless, compliant financial solutions
Imagin Grows 20% in New Users and Consolidates its Leadership Among Neobanks in Spain
- 2 years 8 months ago
- Banking
· In its first year after becoming a digital “lifestyle” community, imagin has received more than 500,000 new users. · According to Smartme Analytics data, imagin is the leading digital financial services app among major neobanks and fintech companies.
ELEMENTARYb Appoints Shuab Akhtar as Director of Product
- 2 years 8 months ago
- Banking
Also provides updates on developmental progress ELEMENTARYb, the intelligent financial management platform providing complete control to MMEs, has appointed Shuab Akhtar as Director of Product. Shuab will drive the development, delivery and ongoing evolution of the company’s business management software platform. He brings considerable relevant experience, from a 20-year career in successfully developing innovative software products within the... more
TCS Group Holding PLC Reports Record Profit for the Period (net profit) in 2Q’21 and 1H’21, Raises FY’21 Guidance and Extends Buyback Programme
- 2 years 8 months ago
- Banking
Total customers reached 16.7m in 2Q’21 (2Q’20: 11.2m) Total revenues grew 37% to RUB 65.0 bn in 2Q’21 (2Q’20: RUB 47.4 bn) Non-credit business lines reached 44% of revenues Net profit rose 57% to RUB 16.1 bn in 2Q’21 (2Q’20: RUB 10.2 bn) ROE reached 46.1% in 2Q’21 (2Q’20: 40.0%)
Asset Managers Look to Cloud and AI to Drive Covid-19 Recovery, Survey for Temenos Finds
- 2 years 8 months ago
- Investment, Banking, Cloud, Infrastructure
A global study of asset management professionals reveals investment over the coming 12 months will focus on technology and data infrastructure, and ensuring ESG compliance Data analytics, robotic process automation, and AI are the most critical technologies for business development, and 62% say cloud-native solutions will have a pivotal role in their IT strategy
