QakBot Banking Malware Is on the Rise: Number of Attacked Users Grew 65% in 2021
- 3 years 3 weeks ago
- Banking, Security, Cybersecurity
The number of users attacked with QakBot – a powerful banking Trojan, in the first seven months of 2021 grew by 65% in comparison to the same period in 2020 and reached 17,316 users worldwide, demonstrating that this threat is increasingly affecting internet users. This rise has drawn the attention of Kaspersky researchers to the subject, leading them to review updates to the latest version of this Trojan.
Music with 25% Cashback: Spotify and Tinkoff Partner in Russia
- 3 years 3 weeks ago
- E-Commerce, Payments, Banking
Spotify has become Tinkoff’s partner in Russia. Now Tinkoff ecosystem customers can subscribe to and set up automatic payments for the music service via the Tinkoff super app or at Tinkoff.ru. Tinkoff will be offering up to 25% cashback on each payment for a Spotify subscription. Everyone who registers for Spotify Premium before 31 December 2021 will receive a free three-month trial. After that, the subscription will be RUB 169 a month.
Sber and Russian Fishery Company Sign Cooperation Agreement
- 3 years 3 weeks ago
- Banking
During the Eastern Economic Forum Sber and Russian Fishery Company (RFC) signed a letter of intent to finance the construction of four large freezing fish trawlers in the amount of USD 400 million. The document was signed by First Deputy Chairman of the Executive Board of SberBank Alexander Vedyakhin and Chairman of the Board of directors of Russian Fishery Company Gleb Frank.
Two Thirds of Businesses Feel ‘let Down’ by Their Banking Provider During Covid-19 Crisis
Over two thirds (66 per cent) of small and medium sized enterprises (SMEs) have said they felt let down by their banking provider during the Coronavirus pandemic, according to a new survey. The data, collated by researchers from the Parliament Street Think Tank, indicates that the disconnect between businesses across Europe and financial services organisations has widened since the beginning of the pandemic.
nCino Announces Executive Leadership Team Promotions to Further Global Growth Initiatives
- 3 years 3 weeks ago
- Banking
Josh Glover named President & Chief Revenue Officer Greg Orenstein named Chief Corporate Development & Strategy Officer Trisha Price named Chief Innovation Officer Josh Marcy named Executive Vice President, Product Management Dory Weiss named Executive Vice President, Engineering April Rieger named Executive Vice President, General Counsel & Secretary
Wells Fargo Selects nCino to Enhance Commercial Banking Lending
Financial services leader with approximately $1.9 trillion in assets will implement the nCino Bank Operating System® to digitally streamline operations
Sovcombank Records IFRS Net Profit of RUB 26 Billion in 1H 2021
- 3 years 3 weeks ago
- Banking
Profit in 1H 2021 increased by 87% year-on-year to a solid RUB 24 billion. Vostochny Bank, acquired in 2Q 2021, contributed RUB 1.4 billion to Sovcombank Group’s profit. Net profit for the first half of the year increased by 2.7x year-on-year.
Five Community Banks Partner with Jack Henry to Add Open Integration, Efficiencies
Banks select Jack Henry’s Core Director with innovative, full-service digital capabilities and functionality as deciding factors
Xfers & SEBA Bank Named Finalists for Global CBDC Challenge organised by the Monetary Authority of Singapore
- 3 years 3 weeks ago
- Payments, Banking, Infrastructure
Xfers and SEBA Bank joint proposal among 15 finalists selected from over 300 applications globally Proposal to be presented publicly at Singapore Fintech Festival in November Selection builds on SEBA Bank’s successful CBDC experiment with the Banque de France in June
Zopa Widens Marketplace Offering by Launching Broadband Switching and Comparison Service
- 3 years 3 weeks ago
- Banking, Online Banking
The latest launch is a further development on its partnership with Decision Tech following the successful rollout of its energy switching service The widening of Zopa’s marketplace offering shows its commitment to helping people get the most out of their money On average, people could save £276* by switching internet providers
The Asset Triple A Islamic Finance Awards 2021 recognize Path Solutions
- 3 years 3 weeks ago
- Islamic Finance
Against the backdrop of a very difficult year for all, Path Solutions has been honored with the ‘Best Islamic Technology Provider’ award at the Triple A Islamic Finance Awards 2021 organized by The Asset Publishing and Research Ltd.
Finastra Identified as a Leader in Corporate Digital Banking Platform Market
- 3 years 3 weeks ago
- Banking, Corporate Banking
Celent recognizes standout capabilities with awards for breadth of functionality, customer base and support Finastra has been named a leader in corporate digital banking platforms by Celent. Two reports, which cover North America and the rest of the world, recognize Finastra’s standout capabilities in this sector.
Yellowtail | Conclusion and Ohpen Announce Strategic Partnership
- 3 years 3 weeks ago
- Transaction Banking, Money Transfers, Banking, Financial
Financial providers and banks now benefit from an end-to-end digital transformation solution Today, Ohpen and Yellowtail announce they have entered-into a long-term strategic partnership. Banks and financial providers across the Netherlands and Benelux region can now utilize Ohpen's modern digital retail banking platform combined with Yellowtail's smart data-driven front-end platform to give their customers innovative and personalized banking... more
Prelim Introduces Framework Enhancement to Quickly and Easily Connect Financial Institutions to Any Technology Company, Making Open Banking More Accessible
- 3 years 3 weeks ago
- Open Banking, Credit Cards, Banking, Technical
Prelim, a fintech provider optimizing digital banking experiences for financial institutions, has announced a proprietary framework technology that allows banks and credit unions to connect with any technology company, including core providers, through a single line of code.