Revolut Business: 63% of SMEs haven’t switched business account provider in five or more years
- 5 years 5 months ago
- Banking
Revolut Business, an innovative global business account built for growth, speed, ease and security, today released the findings of its “2020 Vision: Taking a closer look at antiquated banking practices” report.
Revolut launches its Financial Super App in the United States
- 5 years 5 months ago
- Banking
Revolut, the fast growing fintech with more than 10 million customers in the UK and Europe, has today launched its Financial Super App and debit card in the United States. Since hinting at a launch last year, Revolut has already attracted tens of thousands of U.S. customers.
TSB unveils support for SME suppliers and customers during Coronavirus outbreak and beyond
- 5 years 5 months ago
- Retail Banking
TSB announced it will ensure that all of its smallest suppliers will be paid within just 10 days of invoicing the bank. The move will apply to all companies that supply goods and services to the bank, even if the contract allows it to pay over a longer period.
Path Solutions selected as a strategic technology solutions partner of MyBank Limited Somalia
- 5 years 5 months ago
- Banking, Islamic Finance
Path Solutions announced today that it had signed up MyBank Ltd., its second banking client for iMAL in Somalia, and indicated a stronger focus on the Somali market for Sharia-compliant software solutions and services to tackle financial exclusion in the country.
MatchMove partners with OpenPayd in bid for Digital Full Bank License in Singapore
- 5 years 5 months ago
- Banking
MatchMove, one of the pioneer Singapore headquartered fintech companies offering a ‘Banking-as-a-Service’ platform, today confirmed that it has submitted an application for a Digital Full Bank License (“DFBL”) to the Monetary Authority of Singapore (“MAS”). In many ways, MatchMove is already acting like a digital bank. With the innovative Wallet-as-a-Service platform and the full Spend.Send.Lend™ suite, MatchMove today manages the end to end... more
Temenos Wins ‘Technology Provider of the Year’ at 2020 FStech Awards
- 5 years 5 months ago
- Banking
Temenos, the banking software company, today announced it has been awarded ‘Technology Provider of the Year’ at the 20th annual FStech Awards. Temenos’ commitment to innovation and growing global footprint impressed judges from key financial institutions, including Nationwide and Deutsche Bank.
Digital banking for BBVA’s international corporate clients, refreshed with more and improved features
- 5 years 5 months ago
- Banking
With a newly updated version of Global Net Cash, BBVA takes another step forward in the digital transformation of banking for global businesses and institutions. In the current context, BBVA recommends more than ever the use of digital channels and joins the challenge #iwillstayathome.
Emirates NBD COVID-19 Coronavirus Precautionary Measures
Given the developing situation around the Coronavirus – COVID-19 outbreak, the safety and wellbeing of our customers, our employees and the community, remains our top priority, as we put our Bank-wide precautionary measures into action. In accordance with the UAE government directives, and following global guidelines, Emirates NBD has rolled out its proactive business resilience and continuity plan. The precautionary measures we have implemented... more
Daon To Deliver Onboarding and Mobile Biometric Authentication to TONIK Digital Bank
- 5 years 5 months ago
- Banking, Authentication Technology
Daon, a global leader in biometric identity technology, today announced that it will deliver onboarding and mobile biometric authentication solutions to TONIK Digital Bank Inc (TONIK), the first digital-only bank in Southeast Asia.
Absa Regional Operations Selects KAI to Deliver Groundbreaking Digital Experiences to its Customers across Africa
- 5 years 5 months ago
- Artificial Intelligence, Banking
Kasisto, creators of KAI, the leading digital experience platform for the financial services industry and Blue Turtle Technologies (Blue Turtle), South Africa’s leading enterprise technology partner, have announced that Absa Group Limited’s subsidiaries outside of South Africa, collectively known as Absa Regional Operations (ARO), have selected and deployed KAI, Africa’s first Conversational AI powered virtual banking assistant.
Businesses can now apply for a Monzo Business Account
- 5 years 5 months ago
- Banking, IT Innovations
Monzo has announced today that it is launching free and premium business accounts. From today, businesses can apply for a Monzo Business Account for £5 per month or a Business Lite account with no monthly fee. Both Monzo accounts are full UK current accounts and it's regulated by all the same rules as high street banks. Furthermore, eligible deposits in Monzo are FSCS protected up to £85,000.
Al Wifaq International Islamic Bank Selects ICS BANKS ISLAMIC from ICSFS to Maximise its Financial Efficiency
- 5 years 5 months ago
- Islamic Finance
Al Wifaq International Islamic Bank for Investment and Finance, a newly established bank in Iraq, has selected the most holistic Islamic banking software; ICS BANKS ISLAMIC from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to start its Islamic operations in Baghdad, Iraq.
Starling boss Anne Boden says digital banks ‘have to show they can make a profit’
- 5 years 5 months ago
- Banking
Starling Bank founder and chief
Neyva Bank speeds up payments for customers
Neyva Bank will now be able to offer instant money transfers via mobile phones after joining Bank of Russia’s new Faster Payments Service (FPS). The project to introduce the use of phone numbers as a token to perform transfers between recognised contacts of Neyva Bank’s account holders and other FPS member banks was completed with support from Compass Plus.
Backbase and Finxact Partner to Help Financial Institutions in North America Innovate at Speed and Move Away from Vendor Lock-In
Backbase, the omni-channel Digital Banking platform and Finxact, the Core-as-a-Service platform, have entered into a strategic partnership to help banks and credit unions unlock the full potential of their digital transformation with a next-gen front-to-back solution. The partnership combines Backbase’s portfolio of turn-key online and mobile banking applications with Finxact’s next-gen cloud native core banking platform. The combined front-to-... more
