Core10 Selected as a Preferred Service Provider for the Community Bankers Association of Illinois
- 6 months 1 week ago
- Banking
Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending and account opening products, as well as software development services is now a Preferred Service Provider (PSP) for the Community BancService Corporation (CBSC).
Lloyds Bank Completes First Digital Trade Transaction Under New UK Legislation
- 6 months 1 week ago
- Banking
The ETDA gives electronic Bills of Exchange, Bills of Lading and other commercial documents the same legal footing as paper documents. The legislation is designed to give UK businesses and participants in the 60-80% of trade transactions worldwide that are subject to English law, more flexibility in how they trade. The Act will also significantly reduce the environmental impact that paper documentation has, while reducing the cost and time taken... more
Mahalo Banking Wins Best of Show Finovate Fall 2023
- 6 months 1 week ago
- Mobile Banking
Mahalo Banking, a CUSO that provides online and mobile banking solutions for credit unions, was named Best of Show at this year’s Finovate Fall for its Thoughtful Banking™ platform features.
Divido Bolsters Merchant Capabilities to Supercharge Checkout Finance Experience Ahead of the Golden Quarter
- 6 months 1 week ago
- Alternative Finance
Checkout finance provider, Divido, today launches two new product capabilities ‘Divido Analytics’ and ‘Split Capability’, allowing merchants to have greater understanding and flexibility over their checkout finance experience.
The 4th Annual Future Banks Summit & Awards – KSA: Recognizing Innovation & Resilience in The Kingdom
- 6 months 1 week ago
- Banking
“Digital adoption has facilitated more and more payments,” said Przemek Henschke – CIO at D360 Bank at this year’s 4th Annual Future Banks Summit & Awards KSA, in Riyadh, Saudi Arabia.
BankiFi Data Highlights that Convenience and Simplicity are Top of Mind for Small Businesses When Looking to Get Paid
- 6 months 1 week ago
- Banking
According to new customer data from embedded banking provider, BankiFi, businesses from a wide range of sectors continue to trust payment links such as SMS, email and QR codes when requesting payment on invoices, particularly when the relationship between buyer and sellers is already known. The trend comes despite years of warning from banks about a perceived heightened app fraud risk through payment links.
American Banks are Lagging Behind in Climate-friendly Banking Innovation
- 6 months 1 week ago
- Banking
Money20/20 USA calls itself “The world's biggest, most influential gathering of the global money ecosystem”, but amongst 350 speakers and countless topics, ‘sustainability’ and ‘climate’ come up only once on the show agenda.
Intellect Announces the Launch of iGTB Copilot: AI-powered Commercial & Corporate Banking Suite
- 6 months 1 week ago
- Banking
Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena Ltd, today announced the launch of iGTB Copilot, a suite of AI solutions for Commercial & Corporate Banking.
iDenfy Partners with Kestrl to Increase Conversions Through Automated KYC and PoA Checks
- 6 months 2 weeks ago
- Islamic Finance
iDenfy, a global RegTech startup offering AI-based identity verification and fraud prevention tools, announced partnering with Kestrl, a UK-based fintech company specializing in Islamic finance, empowering Muslims to build wealth in accordance with their faith principles. iDenfy’s ID verification, AML screening and PoA verification tools will help Kestrl stay compliant while ensuring efficient and simple customer onboarding.
Temenos Recognized as Leader in Cloud Core Banking by Omdia.
- 6 months 2 weeks ago
- Banking
Temenos has today announced that it has been recognized as a market leader in the latest “Omdia Universe: Cloud-based Core Banking 2023” evaluation from Omdia, a leading technology analyst and consulting firm.
AlHuda CIBE Continues its Commitment to Excellence in Islamic Finance FinTech Services
- 6 months 2 weeks ago
- Islamic Finance
The global FinTech landscape has witnessed significant growth and transformation. Investments in FinTech have been on the rise, with substantial venture capital funding contributing to the sector's expansion. Startups in the FinTech space have proliferated, many of them achieving unicorn status, reflecting the sector's attractiveness to investors. Digital payments have surged in popularity, with mobile payment apps and contactless transactions... more
HSBC Launches Multi-market Business Account Opening Service in 20 Markets
- 6 months 2 weeks ago
- Banking
HSBC today announces the launch of a market-leading digital solution which allows business and corporate customers to open accounts for multiple business entities in multiple markets, all in one place. Using a dedicated portal, the streamlined digital application process is fast, simple, and globally consistent, regardless of the market or markets where accounts are being opened.
1 in 3 UK Adults Now Focused on Savings Despite Over 13.7 Million Having Less Than £1,000 in the Bank, Finds Gatehouse Bank
- 6 months 2 weeks ago
- Islamic Finance
Gatehouse Bank, the Shariah-compliant challenger bank, has today released new research demonstrating that the UK’s money mindset is shifting towards saving. The research looked at UK adults’ attitudes to money, assessing the key factors that influence them, why they look to save or spend their money and what might cause a shift in this mindset.
The Nomura Trust & Banking Co., Ltd. Successfully Goes Live on the nCino Cloud Banking Platform
- 6 months 2 weeks ago
- Banking
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that The Nomura Trust & Banking Co., Ltd. (Nomura Trust), a Japanese trust bank and wholly-owned subsidiary of Nomura Holdings, Inc., has successfully implemented and is live on the nCino Cloud Banking Platform.
BIAN Develops New 'Coreless Banking' Concept Advancing Banking Technology
- 6 months 2 weeks ago
- Banking
BIAN, the independent not-for-profit standards association, has today announced the third iteration of its ‘Coreless Banking’ initiative, an API-based services architecture designed t