Italian Digital Bank Achieves Record Growth with Temenos Banking Cloud
- 3 years 1 month ago
- Digital banking, Banking
Flowe, the environmentally-friendly Italian challenger bank, reaches 700,000 accounts Temenos (SIX: TEMN), the cloud banking platform, announced that Flowe, the digital bank of Banco Mediolanum, has reached a major milestone with 700,000 accounts in its first 18 months since its launch. With Temenos open platform for composable banking, Flowe is growing twice as fast as its nearest competitor. It received 150,000 new sign-ups in one week with... more
Oxford’s Smith School of Enterprise and the Environment announces Public and Private Sector Collaboration with Bank of America
- 3 years 1 month ago
- Banking
In this unique partnership and commitment to combatting climate change, Bank of America has pledged £1.2 million to the University of Oxford to support greenhouse gas and sustainable finance research at the Smith School of Enterprise and the Environment. This research will inform key decisions made in the financial services sector and offer implementable and equitable interventions to ensure business models are scalable and sustainable.
MONET Launches World First Finance Platform for Creators, Powered by Weavr
- 3 years 1 month ago
- Banking
London-based revenue management Fintech, MONET, is proud to announce the beta launch of its revenue-based lending platform with dedicated Creator Business debit cards and accounts for creators, providing infrastructure that is a world-first in its field. The platform is facilitated by embedded finance specialist Weavr, using their technology to provide business banking and payments infrastructure.
Flowe Achieves Record Growth with Temenos Banking Cloud
- 3 years 1 month ago
- Banking
Temenos, the cloud banking platform, announced that Flowe, the digital bank of Banco Mediolanum, has reached a major milestone with 700,000 accounts in its first 18 months since its launch. With Temenos open platform for composable banking, Flowe is growing twice as fast as its nearest competitor. It received 150,000 new sign-ups in one week with peaks of 30,000 new customers per day.
TreasurySpring Collaborates with the London Stock Exchange to Provide Short-term Sustainable Funding
- 3 years 1 month ago
- Banking
By partnering with the London Stock Exchange, TreasurySpring can now offer investment corporations a unique opportunity to access short-term sustainable funding from its fast-growing client base of 100+ cash rich investors.
Finastra Managed Services Launches on Amazon Web Services
- 3 years 1 month ago
- Banking
Today Finastra announces the launch of Finastra Managed Services (FMS) on Amazon Web Services (AWS) to enable banks and financial institutions to access FMS in the AWS cloud. FMS being available in the AWS cloud has already demonstrated its benefits, helping a large multi-national U.S. bank on the West Coast roll out its lending solution.
Manchester-based Fintech BankiFi Appoints SkyParlour as Official PR Partner
- 3 years 1 month ago
- Banking
BankiFi, a Manchester-based banking technology platform provider, has announced its partnership with leading Fintech communications specialist, SkyParlour.
06/05 – Weekly Fintech Recap
- 3 years 2 months ago
- Open Banking, Payments, Banking, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships Ophelos Partners with Credit Card Startup, Yonder, for Ethical Debt Resolution
77% of UK Banks Have Started to Tailor Products to a New Demographic
- 3 years 2 months ago
- Banking
A new independent survey of 251 senior decision-makers at UK banking and financial services firms has revealed how they are responding to customers’ changing demands. It found:
ING Announces €380 Million Share Buyback Programme
- 3 years 2 months ago
- Banking
ING announced today the start of a share buyback programme under which it plans to repurchase ordinary shares of ING Groep, with a maximum total value of €380 million. The share buyback is part of a € 1.25 billion programme to return capital to our shareholders. Next to the share buyback it consists of a €870 million cash dividend payment. The share buyback programme will commence on 12 May 2022 and is expected to end no later than 2 November. ... more
Temenos Introduces Everyone’s Banking Platform at the Temenos Community Forum 2022
- 3 years 2 months ago
- Banking
Temenos, the cloud banking platform, today announced that more than 1,500 leaders from the world’s leading banks, fintechs, BaaS providers and Temenos partner ecosystem will come together at the Temenos Community Forum 2022 at the London Excel May 17-19. Registration is open, and an invitation can be requested here.
CFPB Orders Bank of America to Pay $10 Million Penalty for Illegal Garnishments
- 3 years 2 months ago
- Banking
America's second largest bank unlawfully garnished the accounts of thousands of its customers
Fable Fintech Inks Strategic Partnership with XeOPAR
- 3 years 2 months ago
- Banking
Fable Fintech, a leading global banking infrastructure company enabling SaaS-powered platforms for cross-border, corporate, trade, and FX transactions, today announced its strategic partnership with XeOPAR, a one-touch cross-border payments and remittances startup for all. Fable Growth Suite (Retail) platform chosen by XeOPAR serves both inward and outward remittances. In addition, it helps payments providers grow revenue from existing and new... more
LGT Bank Selects SEBA Bank To Provide Digital Asset Custody and Brokerage Services
- 3 years 2 months ago
- Banking
SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, today announced that it had partnered with LGT Bank, an international financial services provider with a focus on private banking and asset management, to provide digital asset custody and brokerage services.
First UK Bank to Sign Agreements to Offer New Payment Option Through VRP
- 3 years 2 months ago
- Banking
NatWest Group has signed agreements with three payment providers – TrueLayer, GoCardless and Crezco – to offer Variable Recurring Payments (VRP) as a new and convenient payment option for businesses and consumers. Today’s announcement, an industry first, means that NatWest Group will be the first UK bank to go beyond the requirement for banks to provide VRP in support of ‘sweeping’ – the automatic transfer of money between two accounts belonging... more
