Deeper Partnerships Between Banks and Fintechs will Transform Personal Finance According to new Monevo Report
- 2 years 11 months ago
- Banking, Infrastructure
Monevo, the market leading personal credit platform & API, has released an independent report on UK Banks and Fintechs setting out the business case for developing closer partnerships and defining exactly how customers are set to benefit.
Gresham Adds to North America Sales Team to Meet Growing Demand
- 2 years 11 months ago
- Management, Payments, Banking, Data
Leading global fintech Gresham Technologies plc (Gresham) that specialises in providing solutions for data integrity and control, banking integration, and payments and cash management, today announced that it has appointed Marc Cavell to spearhead business development across North America.
1.4 Million SME Leaders Unaware of How New Government Support Measures Could Help Their Business
- 2 years 11 months ago
- Banking, Core Banking, Financial
As SMEs prepare for the next easing of lockdown restrictions, business owners across the country are still looking to the government for further support. However new research from Nucleus Commercial Finance today reveals business owners are lacking awareness and understanding of the government support schemes on offer.
Commerzbank and Employee Representatives Agree on Headcount Reduction
- 2 years 12 months ago
- Banking
Commerzbank and the employee representatives have today agreed on a framework settlement of interests and a framework social plan for AG Germany. The binding agreements form the platform for a maximally socially responsible headcount reduction within the framework of the “Strategy 2024” adopted in February. The Bank intends to implement the headcount reduction primarily through retirement arrangements, such as partial retirement or early... more
Mastercard Start Path Program Selects Tippy to Grow Fintech Solution for Service Industry Professionals
Tippy, the revolutionary digital tipping platform, today announced it has been selected to join Mastercard Start Path, an award-winning program for fintech innovators. Annually, Mastercard evaluates nearly 1,500 startups for possible participation in Start Path. Less than 2% of applications are accepted into the highly competitive six-month accelerator program.
YTS Utilises AWS to Help Future-Proof Data Security in Open Banking
- 2 years 12 months ago
- Banking
Recent research from leading open banking provider Yolt Technology Services (YTS) revealed over 50% of business leaders within banking, retail, lending, investment platforms and PFMs, are not utilising open banking technology due to concerns around data security and privacy.
Fineco adds AXA IM Funds to Investing Platform
- 2 years 12 months ago
- Banking
FinecoBank today announced funds from AXA Investment Managers (AXA IM) are now available on its investing platform. The addition of funds from the asset manager will further strengthen Fineco’s ESG offering, and enable its growing customer base in the United Kingdom greater access to a range of sustainable investing products.
Retailers Miss Out on £39.4Bn of Sales in Abandoned Baskets During Lockdown as Lengthy Checkouts See Customers Dropout
Research from Barclaycard Payments reveals that UK retailers have lost out on more than £39.4bn in potential sales over the last 12 months, as lockdown sees the value of online abandoned baskets more than double since 2018*.
Greece’s Eurobank Selects Temenos to Reimagine Wealth Management for the Digital Age
- 2 years 12 months ago
- Banking, Core Banking
Temenos, the banking software company, today announces that Eurobank in Greece has selected Temenos Wealth to strengthen its position in wealth management and affluent segment services. Eurobank, the third largest bank in Greece, will use Temenos Wealth to create a fully-digital investment portfolio management service offering Robo-Advisor and Goal-Based Investing apps to target the mass affluent and affluent market.
ING Posts 1Q2021 Net Result of €1,005 Million
- 2 years 12 months ago
- Banking
1Q2021 result before tax of €1,463 million; capital position remains strong at 15.5%
Trustbank Partners with ICSFS to Launch Islamic Banking Services in Uzbekistan
- 2 years 12 months ago
- Islamic Finance
Trustbank, one of the leading banks and the first private bank to be providing Islamic banking services in Uzbekistan, has selected ICS BANKS Islamic Banking software solutions from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.
FIS, NYDIG Partner to Enable Banks to Offer Their Customers the Ability to Buy, Sell and Hold Bitcoin
- 2 years 12 months ago
- Payments, Cryptocurrencies, Banking
Financial technology leader FIS® (NYSE: FIS) today announced an industry-first solution that enables banks to offer their customers the ability to buy, sell, and hold bitcoin via their bank accounts.
Metro Bank and Backbase Extend Strategic Partnership to Accelerate Digital Transformation
- 2 years 12 months ago
- Banking
Engagement banking technology provider Backbase today announces it has renewed its partnership with leading UK retail and commercial challenger bank Metro Bank. The focus of the renewed partnership sees Backbase providing dedicated digital innovation support for Metro Bank’s business banking customers. By leveraging the latest cloud-native version of Backbase’s platform, which includes a vast amount of off-the-shelf accelerators for business... more
HUBUC Partners with ComplyAdvantage to Enhance its Compliance Capabilities
- 2 years 12 months ago
- Artificial Intelligence, Banking, Compliance, Risk Management
Next generation banking-as-a-service platform, HUBUC, has partnered with the hyper-scale Anti-Money Laundering (AML) and risk detection provider ComplyAdvantage to integrate its innovative compliance and security screening technology.
12 Months After Launching Banking Licence, Banking Circle is Already Processing 6% of European B2C E-commerce Payments
- 2 years 12 months ago
- E-Commerce, Payments, Banking
Banking Circle, the payments specialist, has reported a significant uplift in payments flow and clients a year after it launched its Banking Licence. At the end of February 2020, Banking Circle received its Banking Licence from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, enabling it to give financial institutions direct access to real-time payments regardless of borders or size. It also launched its new headquarters... more
