Open Banking Initiative Canada and Open Banking Expo Team up to Turbocharge Open Banking Community Growth Across Canada
- 2 years 8 months ago
- Banking
- Open Banking Initiative Canada (OBIC), which is a not-for-profit advocacy organization gathering great minds in finance, technology, and regulation, to advance Open Banking as an innovative and inclusive force for good, has partnered with Open Banking Expo, a global community of Open Banking and Open Finance executives responsible for digital transformation across the financial services sector, to boost the growth of Open Banking and Open Fi
British Business Bank Increases Shire Leasing’s Total ENABLE Funding Commitment to £99.8m with Second Facility
- 2 years 8 months ago
- Banking
The British Business Bank today announces a further £62.4m of financing to Shire Leasing under its ENABLE Funding programme, which aims to improve the supply of finance solutions to smaller UK businesses for business–critical assets. The transaction follows on from a first round of funding of £37.4m in 2017 - bringing the overall amount of money under the ENABLE Funding programme awarded to £99.8m.
40% of SME Bankers Still Require Over one Week to Approve Loans
- 2 years 8 months ago
- Banking
Report from FintechOS explores the SME banking landscape and challenges of becoming digital-first
Banking Competition Remedies Ltd (BCR) update on Capability and Innovation Fund Pool F
- 2 years 8 months ago
- Banking
Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million RBS (now NatWest) State Aid Alternative Remedies Package (ARP), today confirms the grant sizes for the Capability and Innovation Fund (CIF) Pool F and reiterates the process and timeline for applications. Pool F consultation process
ABA and JCB Partner to Enable Payment Acceptance in Cambodia
JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan's only international payment brand, and Advanced Bank of Asia Ltd. (ABA Bank), the digital banking leader in Cambodia and a subsidiary of National Bank of Canada, signed the License Agreement and announced the launch of JCB payment acceptance in Cambodia.
Neobank Tonik Launches Physical Debit Cards with Pioneering High-security Features
- 2 years 8 months ago
- Online Banking, Mobile Banking
Tonik, the Philippines’ first private neobank operating under its own digital bank license by the Bangko Sentral ng Pilipinas (BSP), has launched the physical debit cards for clients of its mobile app. Tonik customers can now order physical debit cards through the app, and use these cards at any ATM or merchant that is part of Mastercard’s global network, which includes the majority of the ATMs and card-accepting merchants in the Philippines.
Fusion Phoenix Is the Open Core of Choice to Empower Us Financial Institutions Beyond Traditional Banking Models
- 2 years 8 months ago
- Core Banking, IT Innovations, Financial
Finastra announced that it has signed 25 financial institutions to its Fusion Phoenix core banking platform during its 2021 fiscal year (ending May 31, 2021).
Customers Prefer Online Banks: the Financial Services Industry Needs to Adapt to Changing Consumer Demands
- 2 years 8 months ago
- Online Banking
Jonathan Allan, Chief Marketing Officer, Puzzel says:
The FinovateFall Conference Marks Finovate’s Return to In-Person Events
The fintech conference will feature more than 90 global thought leaders and showcase product demos from more than 50 companies
Digital Bank Kroo Receives Banking Licence With Restrictions From UK Financial Regulators
- 2 years 8 months ago
- Banking
The digital bank which recently raised £17.7M, will focus on delivering an exceptional and secure banking experience, built on its innovative social current account and competitive lending products.
Contour and GSBN Partner to Drive Digitisation Across Global Shipping Industry
- 2 years 8 months ago
- Banking
Partnership increases speed of logistics and ease of conducting trade globally Digital trade finance network Contour has partnered with the Global Shipping Business Network (GSBN) to offer an end-to-end digital solution for all participants involved in trading, financing and shipping goods around the world.
HPD Lendscape Chosen to Support Banca Transilvania Growing Factoring Volumes and Digitalisation Drive
Banca Transilvania, the largest bank in Romania, has selected HPD Lendscape
Razer Merchants Services Bags Best Non-Bank FPX Acquirer Award By Paynet For Industry Leading Growth
- 2 years 8 months ago
- Payments, Alternative Finance
Razer Merchant Services awarded the Best Non-Bank FPX Acquirer at PayNet Malaysia’s Malaysian e-Payments Excellence Award 2021 for number of merchants acquired, FPX transactions volume generation and FPX volume growth.
Embedded Finance Key to SME Recovery and Rebuilding Economy
iwoca data shows how embedded finance leads to speedier and more successful loan applications for small businesses Half of applications through embedded finance partners receive a decision within two minutes, and are 58% more likely to be successful than direct applications Nearly 30% of all loan applications to iwoca now come through embedded finance partners
PayNearby Partners with Visa and RBL Bank to Launch SoftPoS and mPOS
- 2 years 8 months ago
- Payments, Money Transfers, Banking
Aims to democratize digital payments and reduce cash transactions at the last mile by offering an all-inclusive payment acceptance infrastructure at retail touch points • Transform everyday smartphones into merchant terminals (SoftPoS) at no additional cost • Enable 2-in-1 Micro ATM devices, that double up as payment acceptance (mPOS) and cash withdrawal at very affordable pricing
