Driving Minnesota: Drive Appeal to Deploy Scienaptic’s AI Platform to Enhance Credit Accessibility
- 2 years 8 months ago
- Banking
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Drive Appeal has selected its AI-powered platform. The implementation will enable Drive Appeal to approve more loans and enhance the used car financing experience.
Vivid and ECOMMPAY Collaborate to Enable Instant Card Top-ups in Europe
- 2 years 8 months ago
- Payments, Credit Cards, Banking
Fintechs collaborate with traditional bank to bring better services to consumers and businesses
Commerzbank Achieves Operating Result of €570M in First Half Year – Transformation Making Good Progress
- 2 years 8 months ago
- Banking
● Revenues in first half year of €4.35bn (H1 2020: €4.12bn) reflect robust customer business
Teachers Building Society Selects Finastra’s Fusion Essence Cloud to Digitally Enhance Customer Journey
- 2 years 8 months ago
- Lending, Core Banking, Cloud, SaaS
Fusion Essence Cloud will automate core processes and digitalize the end-to-end customer journey to support growth in mortgage lending and savings
Foresight Research: Consumer Resistance to Banking AI in Georgia
- 2 years 8 months ago
- Artificial Intelligence, Banking
Few banks are disclosing the number of AI users that engage with their chatbots. Why? Bank of America reported about 20 million or about 30% of their customers arere using ERICA – their chatbot. ERICA has been in use for about 4 years, So, Foresight Research wondered about consumer resistance to AI and chatbots and surveyed 400 consumers of banking products and services to find out the resistance to AI in Georgia.
Nymbus Labs Expands Niche Portfolio
- 2 years 8 months ago
- Banking
NYMBUS®, a leading provider of banking technology solutions, today introduced an updated portfolio of niche digital banking concepts through Nymbus Labs. Each is ready and available to purchase, launch and grow by any size bank or credit union seeking to accelerate growth through new routes to market.
FinecoBank Continues UK Surge – Record Growth for H1 2021
- 2 years 8 months ago
- Banking
Leading fintech bank breaking both traditional model and challenger approaches to drive next wave of integrated UK banking FinecoBank, one of Europe’s leading fintech banks has set a new record for revenue growth in H1 2021 – exceeding last year’s record-breaking growth. In the first half of the year, Fineco opened more current accounts in UK than in the whole 2020, while improving the penetration of active clients on brokerage, representing... more
Modularbank Puts Indirect Sales Strategy at the Heart of its Global Expansion Plans
- 2 years 8 months ago
- Platform Technology, Banking, Core Banking
Ex-Mambu Julien Douve appointed as Head of Alliances and Partnerships to manage partnership programme
S&T Bank Live On nCino Platform Across Multiple Lines Of Business
$9.3 billion asset community bank using nCino's cloud-based, single platform to enable automated workflow across the institution
Integral Reports Average Daily Volumes of $44 Billion in July 2021
Volumes decreased -13.7% month-on-month and increased +17.6% year-on-year. Integral (www.integral.com), a leading technology company in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $44 billion in July 2021. This represents a decrease of -13.7% compared to June 2021 and an increase of +17.6% compared to the same period in 2020.
Lloyds Bank Partners With Visa To Improve Payment Processes For Businesses
- 2 years 8 months ago
- Banking
Lloyds Bank has become the first bank in Europe to partner with Visa to offer Straight Through Processing (STP) technology to customers using its commercial charge cards. Straight-Through Processing (STP) enables a more efficient way to pay invoices while providing the traditional benefits of commercial card payments to both the buyer and the supplier.
NatWest Launches Expert in Residence SME Programme
- 2 years 8 months ago
- Banking, Consultancy
Bank introduces female entrepreneur focussed specialists based in communities, in partnership with BEIS and LEP Network 28 Local Enterprise managers around the UK have committed support to Local Enterprise Partnerships
Deko Expands Multi-lender Retail Finance Ecosystem With Newpay
- 2 years 8 months ago
- Alternative Finance
Powered by leading UK credit provider NewDay, Newpay is the latest product to join Deko’s multi-lender and multi-product platform Newpay seamlessly integrates into the merchant checkout experience, offering access to a range of finance options.
More Than Half of Millennial and Gen Z Muslims Would Adopt Islamic Banking If It Were More Accessible
- 2 years 8 months ago
- Banking, Islamic Finance
According to a new report, social responsibility and ethical practices among top priorities for next generation of Islamic banking customers but a lack of digital services is holding the industry back
https://financialit.net/events/virtual-gathering-global-ai-leaders-explore-menas-untapped-opportunities-ai-and-rpa
- 2 years 8 months ago
- APIs, Credit Cards, Banking
Southern California Credit Union brings sleek, fast digital banking services to the Westwood collegiate community leveraging Temenos’ API-first digital banking platform Temenos, the banking software company, today announced that Wescom Credit Union has launched two credit cards for a local university in Westwood, CA powered by Temenos Infinity the leading digital banking platform.
