Tinkoff named Most Innovative Digital Bank in Central and Eastern Europe at 2021 World’s Best Digital Bank Awards
- 2 years 8 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
Supported by nCino, kompasbank Launches as a New Business Bank
Danish financial services market entrant utilising the cloud-based nCino Bank Operating System® to accelerate SME growth
Backbase Announces Partnership with eToro to Enable Continued Global Growth & Enhance Digital Onboarding Experience for Customers
- 2 years 8 months ago
- Investment, Asset Management, Banking
Backbase, an Engagement Banking technology provider, announces today that it has partnered with eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth, to enhance eToro’s digital onboarding capabilities and back-end compliance infrastructure.
Indian Millennials Open one NiyoX Account, Every 30 Seconds
- 2 years 8 months ago
- Wealth Management, Banking
NiyoX records 500,000 customers’ milestone in just 150 days
UK Bank Account Fraud Soars During First Half of 2021
- 2 years 8 months ago
- Banking, Cybersecurity
Fraudsters targeting general accounts to facilitate criminal behaviour New technologies such as Machine Learning helping businesses identify more fraud New research from Experian has revealed that bank account fraud is now tracking at its highest level for more than three years. Drawing on the latest data from the National Hunter Fraud Prevention Service, the analysis uncovered an alarming surge in fraudulent activity targeting British... more
Atom Bank’s Annual Report Shows Strong Progress Since March 2020, With the Bank Moving Towards Sustainable Profitability
- 2 years 8 months ago
- Banking
Significant development in Net interest margin with March 2021 run rate at 114bps (March 2020: 10bps). This momentum has continued post year end with NIM of 130bps in June 2021 Credit risk performance remained strong despite the impact of Covid Losses narrowed to an underlying operating loss of £36m with strong momentum to monthly break even during 2022, with a first month of operating profit recorded in June 2021
Squirro Launches AI Week 2021 Including Executive Masterclasses for FS Leaders to Get More From AI
- 2 years 8 months ago
- Artificial Intelligence, Banking
AI Week takes place from October-5 to October-8, featuring industry leaders showcasing best practices in AI implementation and a series of hands-on workshops and success cases
Dreams, the Swedish Fintech Using Gamification and Behavioural Science to Help Banks Engage New Audiences and Enhance the Digital User Experience of Their Customers
- 2 years 8 months ago
- Banking
Dreams is a provider of behavioural and engagement banking solutions, which is powered by cognitive science, and helps some of the world’s largest financial institutions engage critical new target audiences and increase loyalty, by boosting their customers’ financial health and empowering them to save and feel better about their money.
