Deko and Aero Commerce Partner to Provide Checkout Finance Solutions for Merchants
- 8 months 1 week ago
- Alternative Finance
Checkout finance platform, Deko, has announced a milestone BNPLaaS partnership with Aero Commerce, bolstering the e-commerce platform's offering and technological capabilities. Among the checkout finance capabilities available through this partnership, Aero has directly integrated Deko's Newpay product, a digital credit account, that improves conversion rates and encourages repeat spending.
New Research Reveals Lack of Trust and Dissatisfaction Among Retail Banking Customers as Consumer Duty Comes into Effect
- 8 months 1 week ago
- Retail Banking
New research from NTT DATA UK&I, a leading innovator and IT services provider for the banking and financial services industries, provides some concerning insights regarding customer satisfaction and trust in the retail banking industry.
Fintech Revolution: Should Banks Worry?
- 8 months 1 week ago
- Banking
Fintech Revolution: Should Banks Worry?
Fime to Help Bangladesh Bank Launch Nation’s Domestic Card Scheme
- 8 months 2 weeks ago
- Banking
Kids’ Increased Financial Freedom Set to Put the Bank of Mum and Dad Out of Business
- 8 months 2 weeks ago
- Banking
The increasing financial freedom of UK kids is set to put the bank of mum and dad out of business, according to research from the latest Youth Economy Report from GoHenry, the prepaid debit card and financial education app for 6-18-year olds.
Global Banks Progressing Towards Go-live on the Finteum Platform
- 8 months 2 weeks ago
- Banking
Several global banks have progressed with the Finteum Platform integration work, ahead of going live with the system. The Finteum Platform is an execution venue that brings intraday funding capabilities to the global interbank market. 19 banking groups with a combined balance sheet of $23.5trn attended a joint trial of the software in Q2 2023, together with observers from national prudential authorities. The Finteum Platform is expected to... more
Thought Machine Expands into Latin America and Welcomes Cordada as Latest Client
- 8 months 2 weeks ago
- Core Banking
Cordada, a private debt platform that caters to lenders and fintechs serving small and medium-sized enterprises (SMEs) in Latin America, has announced its partnership with Thought Machine. Cordada will use Thought Machine's cloud-native core banking platform, Vault Core, to develop highly personalised financial products for SME lenders and fintechs across Latin America. Cordada will use Vault Core as SaaS hosted on the Google Cloud Platform (GCP...
Retailers Adopting Embedded Finance Following Shift to Online Shopping
- 8 months 2 weeks ago
- Alternative Finance
Research from Freedom Finance, one of the UK’s leading digital lending marketplaces and embedded finance providers, reveals the extent to which the UK’s most valuable retail brands are adopting financial services. The analysis reveals three of the top ten most valuable retail brands in the UK1 already offer embedded finance services to customers, while Morrisons is the only retailer in the top 10 not to offer financial services of any sort.
WaterStone Bank Upgrading to the nCino Cloud Banking Platform Across All In-house Lending
- 8 months 2 weeks ago
- Banking
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that WaterStone Bank will be upgrading its technology stack and migrating its commercial, consumer, and residential lending activities to the nCino Cloud Banking Platform.
YouLend Study Finds that Female-led SMEs are More Likely to Secure Financing from Embedded Finance Providers
- 8 months 3 weeks ago
- Alternative Finance
A new report by YouLend, a leading global embedded finance platform, conducted in partnership with Experian, the world’s leading global information services company, found that YouLend attracted 12% more applications from female-led businesses and was more than twice as likely to finance female-led businesses than the UK aver
Agent IQ, WBR Insights and Future Branches Share “Banking from Anywhere” Report, Highlighting Consumers’ Perspective of Digital and In-Person Experiences
- 8 months 3 weeks ago
- Banking
Agent IQ, the pioneer in digital relationship banking providing personal banker engagement and AI-supported self-service, and WBR Insights, the custom research division of Worldwide Business Research (WBR), the world leader in industry-driven thought-leadership conferences, and Future Branches, released their most recent report, “
Reward Strengthens its Presence in Wales and the South West with New Business Development Director Appointment
- 8 months 3 weeks ago
- Alternative Finance
Reward Finance Group has appointed David Owen as business development director to elevate Reward’s profile as a prominent alternative finance provider in Wales and the South West.
A third of Consumers Don’t Trust Their Banks, Highlighting More Work Needed to Communicate Digital Safety – Reports Utimaco
- 8 months 3 weeks ago
- Banking
Utimaco, a leading global provider of IT security solutions that is celebrating its 40th year pioneering trusted cybersecurity and compliance solutions and services to its customers across the globe, has released new research that reports a high level of trust between the general public and financial institutions (FIs) in regard to data security (64%).
New Research Highlights the Widening AI Innovation Gap at the Heart of the Banking Industry
- 8 months 3 weeks ago
- Banking
Banking industry investment into early-stage AI companies is being dominated by five US banks, according to new research into industry-wide AI innovation from AI benchmarking & intelligence platform Evident.