FinecoBank Continues UK Growth Surge as Volatile Markets Drive Active Investors to Trade More
- 3 years 5 months ago
- Investment, Banking
FinecoBank, one of Europe’s leading fintech banks, reported record volumes from its UK client base this quarter, following a successful H1 this year. Fineco’s active current accounts increased 55% from March to September 2020 compared to the same period in 2019, while active current accounts on trading more than tripling on a yearly basis. Highlights: · Overall Fineco recorded robust net profit of € 246 million in the first nine... more
Customer Online Conversations Reveal ‘All to Play for’ in Battle between Challengers and Incumbent Banks, Finds Economist Intelligence Unit Report for Temenos
- 3 years 5 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today published a new report by The Economist Intelligence Unit (EIU) based on an analysis of over 10 million online conversations in public forums about personal finance.
Avaloq & Google Cloud to Develop and Deliver State-of-the-Art Cloud Solutions for Banks and Wealth Managers
- 3 years 5 months ago
- Wealth Management, Banking, Cloud
Google Cloud and Avaloq, a leader in digital banking solutions, today announced a new strategic partnership to help financial services organizations in their digital transformation using cloud technologies. This new partnership is set to enable financial institutions to use the Avaloq Banking Suite and other Avaloq platforms on Google Cloud.
ThinCats to Implement nCino’s Digital Banking Platform to Improve the SME Lending Experience
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that leading alternative mid-sized business lender, ThinCats, is expanding its use of the nCino Bank Operating System® across its wider SME lending
BlueShore Signs Temenos' SaaS Technology to Offer Personalized Banking
Temenos (SIX: TEMN), the banking software company, today announced that BlueShore Financial, a boutique full service financial institution, has signed for Temenos Infinity Engage delivered as SaaS to offer personalized support to its clients over digital channels.
UnaFinancial: Philippine Neobanks Will Serve 50 Million Customers by 2025
- 3 years 5 months ago
- Banking
According to the analysts of the international financial group UnaFinancial, neobanks in the Philippines will serve 51.4 million customers by 2025. At the same time, their cumulative loan portfolio will amount to $15 billion and the number of active deposit accounts will reach 10 million.
FICO Announces New Virtual Event, “Taking Control: Digital Transformation in the New Normal”
- 3 years 5 months ago
- Covid-19, Banking, FinTech StartUps
The latest FICO Virtual Event – Taking Control: Digital Transformation in the New Normal – will be a week-long event beginning Monday, November 9, 2020.
Apple Pay Now Available with the An Post Money Current Account
Today, An Post has introduced a great new piece of functionality to its An Post Money Current Account with the addition of Apple Pay. An Post Money Current Account customers can now enjoy all the benefits of their An Post Money Current Account Mastercard debit card with Apple Pay on iPhone, Apple Watch, iPad and Mac.
CBA Accelerates Digital Transformation in Banking With Availability of IBAS in the Cloud
- 3 years 5 months ago
- Banking
Norwegian software vendor Commercial Banking Applications (CBA), today announced that its IBAS GBF - Global Banking F
Singapore FinTech STACS Co-Develops Blockchain Platform with EFG Bank
- 3 years 5 months ago
- Blockchain, Banking
Hashstacs Pte Ltd (also known as "STACS"), a Singapore FinTech company focusing on Blockchain technology solutions for financial institutions, announced its partnership with EFG Bank ("EFG") to co-develop a Blockchain platform that will enhance and simplify the processes of structured products.
Clifford Chance Applied Solutions Develops New Digital Tool for Complex Banking Secrecy Regulations
- 3 years 5 months ago
- RegTech, Security and Compliance, Banking
Clifford Chance Applied Solutions announces the launch of a digital tool "Cross-Border Publisher: Banking Confidentiality" providing banks with trusted legal know how on banking duties of confidentiality on a multi-jurisdictional basis. The tool covers a growing list of key jurisdictions* for businesses, with more jurisdictions to be added subject to demand.
Tinkoff Business Honoured With Global SME Finance Award 2020
- 3 years 5 months ago
- Banking
Tinkoff Business took silver in Europe’s SME Bank of the Year category of the Global SME Finance Awards 2020. This award was established to recognize the commitments and distinguished achievements of financial institutions and fintech companies in delivering outstanding products and services to their small and medium enterprise (SME) clients.
Loans Issued via AI Underwriting to Reach $315 Billion by 2025, as Banks Leverage AI to Assess Risk
A new study from Juniper Research has found that the value of unsecured loans issued via AI underwriting platforms will reach $315 billion in 2025, up from just $24 billion in 2020.
Automata Raises €2M - Superseding Current Accounts by Enabling Customers to Pay With Invested Capital
- 3 years 5 months ago
- Investment, Banking
Automata, the UK-France-based fintech on a mission to transform retail digital banking and wealth management, has announced €1.5M in private investments as part of its ongoing Series A funding round and €2M in total investments since the company was founded.
FICO Survey: UK Banks Face Consumer Frustration Over Customer Identity Management
- 3 years 5 months ago
- Digital Identity, Banking
A new study by global analytics software provider FICO has highlighted the biggest barriers to digital interaction between bank and customer at a time when digital has become ‘king’. According to the data, based on a survey of decision makers by independent research firm OMDIA of 172 banks across 8 countries, including 27 UK banks, the inability to complete identity verification online is a stumbling block for banks.
