Tribe Payments Partners with ClearBank to Boost Banking Access for Fintechs
Tribe Payments, a payment technology provider, today announced it has agreed a partnership with ClearBank to provide Tribe’s fintech customers with access to payment schemes using ClearBank’s award-winning agency banking and banking-as-service product sets.
UBL Partners with Temenos and NdcTech to Modernize and Scale its Digital Banking Strategy Across Channels
- 2 years 9 months ago
- Banking, Online Banking
UBL signed an agreement with Temenos and NdcTech to modernize and scale its digital banking strategy across all channels. Picture shows the virtual signing ceremony, with Mr. Shazad G Dada, President & CEO UBL, (3rd left) & Ms. Ammara Masood, CEO & President NdcTech, (3rd right) along with senior executives of both organizations. Bottom picture (left to right:) Mr. Juan Cejudo, MD MEA – New Business Development, Temenos and Mr. Jean... more
Teller Assist Technology Remains a Cornerstone in Banks’ Cash Management Strategies
- 2 years 9 months ago
- Transaction Banking, Management, Banking
USA home to a third of the world’s teller cash recyclers RBR’s Branch Transformation 2021 reveals that the migration of cash away from the teller, declining footfall in branches, and a wider shift towards cashless payments led to a slight fall in teller assist units (TAUs) in 2020. However, the number of teller cash recyclers (TCRs), which account for the majority of TAUs, increased, and it is recycling technology which will drive growth over... more
Inability to Adapt Hampering Banks AML Efforts
John Dobson, CEO at SmartSearch, says: “The European Banking Authority (EBA) has this week highlighted a key issue in RegTech, which is the wide variability of quality and services in the market. This may well be hampering further adoption of the technology in the sector. “We may have left the EU but of course we’re still doing business with the bloc and any moves they make towards increased regulatory standards will have to be reflected in the... more
Commenting on Eurozone Inflation Slowing Compared to UK/US
- 2 years 9 months ago
- Banking
Commenting on slowing Eurozone inflation in marked contrast to the US and UK, Jesús Cabra Guisasola, Associate at Validus Risk Management, said: “June CPI numbers for the Eurozone came in line with the market consensus (1.9% YoY) and lower compared to May (2.0%). Additionally, the Core CPI also slowed down to 0.9%, in marked contrast to the recent surprise prints in both the US and UK.
Ghana International Bank Partners with Backbase toAaccelerate Digital Innovation
- 2 years 9 months ago
- Transaction Banking, Banking
UK-based international bank leverages Backbase’s Engagement Banking Platform to provide best-in-class customer experience Ghana International Bank (GHIB), a UK-headquartered pan-African bank, announces today that it has partnered with Engagement Banking technology provider Backbase. The partnership will underpin the bank’s digital transformation, accelerate innovation and, by allowing GHIB to create tailor-made solutions, provide an enhanced,... more
PayNearby to onboard 10,000 Women Business Correspondents to offer Banking Services
PayNearby, India’s leading branchless banking and digital payments network, announced that it will onboard 10,000 Women BC Sakhis from Self Help Groups to offer banking services to various Gram Panchayats in Uttar Pradesh. The company thus aims to digitize transactions worth ₹1000 crores through the Self Help Group (SHG) ecosystem across Uttar Pradesh, while enabling BC Sakhis to earn additional revenue. The company has entered into a... more
Pico Achieves Outsourced Provider Audit Report (OSPAR) Attestation from The Association of Banks in Singapore
- 2 years 9 months ago
- Banking
Pico, a leading provider of technology services for the financial markets community has attained Outsourced Provider Audit Report (OSPAR) attestation in Singapore, highlighting Pico’s strong record of robust governance and operational excellence.
Anchorage OCC Licence Sparks New Banking Future - and $1M Bitcoin?
The author is Maxim Bederov. The once strict lines separating traditional finance and crypto finance are melting away. And it could lead to once-unthinkble cryptoasset prices much sooner than any of us believed possible.
Cambridge Global Payments Selects Crown Agents Bank for Payments in Asia and Africa
Crown Agents Bank Ltd (“CAB”) is pleased to announce they have been selected as a new banking partner by Cambridge Global Payments (“Cambridge”), a FLEETCOR company and a provider of integrated cross-border payments and currency risk management solutions. The partnership allows Cambridge to expand its global banking footprint to facilitate payments across emerging and frontier markets in APAC and Africa.
SEON and VCC Live Partner to Deliver Omnichannel Fraud Prevention Solutions
- 2 years 9 months ago
- Banking, Data Management, Insurance
SEON, the fraud fighters, today announces its partnership with VCC Live, the cloud contact centre specialists. Through the deal, they will work together to help end fraud for contact centres in the banking, financial services and insurance (BFSI) sector.
Banks to Move Online and Form Customer-Centric Digital Ecosystems Within Five Years, Finds Economist Intelligence Unit Report for Temenos
- 2 years 9 months ago
- Banking
Almost two thirds (65%) of global banking executives believe that the branch-based model will be “dead” within five years, up from 35% four years ago The same proportion (65%) of bankers see new technologies as the biggest driver of change for the next four years, up from 42% three years ago Four in five bankers believe that banks will seek to differentiate on customer experience rather than products
Tide Commits £100M Investment and Over 1,000 Jobs as Part of India Market Entry
- 2 years 9 months ago
- Investment, Banking
Tide, the UK's leading business financial platform[1] , has selected India as its first international market, with a fully-fledged launch early next year.
FTL Finance Goes Live with Scienaptic
Leading AI-powered credit decisioning disruptor, Scienaptic today announced that home improvement lender, FTL Finance has completed implementation and is now live on its platform. The implementation will enable the company to make better, stronger credit decisioning for its borrowers through next-generation, transformative technology powered by AI to support both contractors’ and homeowners’ financing needs for repairs and remodeling.
Masthaven Opens Mew London and Reading Offices
- 2 years 10 months ago
- Banking
Masthaven Bank has today announced that it has moved from its previous London office to two new sites: one new office in London and one in Reading. The new office openings come as the bank embarks upon a more flexible working model.
