FSS Announced Agreement with Montran Corporation
This agreement with Montran will now enable FSS to provide customized solutions that will address the Wholesale Payments needs of the Banking industry in the country. FSS has spearheaded the growth of retail & whole sale payments in India by serving banks, financial institutions, merchants, governments and other verticals through a rich portfolio of payments products and services.
Mambu to Raise €8 Million in Funding
- 9 years 10 months ago
- Banking, SaaS, Infrastructure
Mambu, the SaaS banking platform provider, today announced it has raised €8 Million in their latest funding round led by Acton Capital Partners and CommerzVentures with participation also coming from existing investors. This latest funding will be used to continue building on Mambu’s global momentum and successes, with the company achieving over three times year-over-year growth and recording several significant milestones over the last 12... more
IFM 2015 Awards Presented to Noor Bank
- 9 years 10 months ago
- Banking, Islamic Finance
London-based International Finance Magazine presented the 2015 awards for 'Best Rebranded Credit Card', 'Best Islamic Auto Finance Provider' and 'Best Islamic Personal Finance Provider' in UAE to Noor Bank at a gala ceremony in the Landmark Hotel inLondon on November 27, 2015.
Apple Pay is Available for Cardinal Bank Customers
- 9 years 10 months ago
- Payments, Mobile Banking
Cardinal Bank announced today its consumer and business clients will now have access to make purchases with Apple Pay using their Cardinal Bank debit and credit cards. This new service transforms mobile payments with an easy, secure and private way to pay for purchases.
Suffolk County National Bank Adopts Fiserv's Core Banking Platform
- 9 years 10 months ago
- Banking, Infrastructure
Suffolk County National Bank Selects Full Set of Fiserv Solutions to Enhance Customer Experience and Simplify Tech Environment - Suffolk County National Bank will move to Premier core account processing platform and add multiple solutions, including digital banking capabilities, to support growth - Technology enhancements will enable delivery of the superior customer experience required in a highly competitive market - Replacement of multiple... more
Yapı Kredi Launches Wallet App
- 9 years 10 months ago
- Payments, Mobile Banking, Infrastructure
Turkey’s leading credit card platform World digitalizes the credit card experience through a new “Yapı Kredi Wallet” application, available for iOS and Android devices.
SuperCom Signs Partnership with Mobile Network Operator to Boost Mobile Money Solution in Latin America
- 9 years 10 months ago
- Payments, Mobile Banking
SuperCom SPCB, +6.22% a global provider of secure solutions for e-Government, Public Safety, HealthCare, and Finance sectors, announced today that it has signed a memorandum of understanding with a Mobile Network Operator in Latin America to implement and deliver a mobile money solution using SuperCom's
CalWest Bancorp Announced Completion of Private Offering
- 9 years 10 months ago
- Banking
CalWest Bancorp, the parent holding company for South County Bank N.A., today announced the successful completion of its $14.0 million private offering with accredited investors consisting of 43.5 million shares of common stock at a price per share of $0.20 and 53,000 mandatorily convertible preferred shares at a price of $100 per share and convertible into 26.5 million shares of common stock.
Axiory Launches Prepaid MasterCard
- 9 years 10 months ago
- Transaction Banking, Banking
Axiory Global Ltd. announced release of their prepaid MasterCard on December 28, 2015. The "AXIORY Prepaid MasterCard" is provided to customers to use as one of the withdrawal methods for our Foreign Exchange service. The prepaid cardholder can use the prepaid card to shop at stores that accept MasterCard in over 35.9 million locations worldwide, as well as ATM machines that bear the MasterCard Acceptance Mark.
IFC and LAPO Microfinance Bank to Expand in Nigeria
- 9 years 10 months ago
- Banking, Financial, Infrastructure
IFC, a member of the World Bank Group, signed an agreement to work with LAPO Microfinance Bank Ltd to pilot and roll out agent banking that will increase access to financial services for low-income customers, small-scale entrepreneurs and rural communities. IFC is also providing a 2 billion Naira (approx. $10 million) loan to support LAPO MfB's lending to micro-entrepreneurs. This is the largest investment IFC has made in a microfinance... more
R3’s Distributed Ledger Initiative Soars to 42 Bank Members
Financial innovation company R3 has concluded its distributed ledger bank membership round with the addition of 12 new banks, bringing the total number to 42. Since its September launch, the company has seen a groundswell of interest in the consortium from financial services companies around the world.
Powa Technologies partners with UnionPay to Bring Instant Transactions and Mobile Commerce
- 9 years 11 months ago
- Transaction Banking, Payments, Mobile Banking
Powa Technologies has formed a 10-year strategic alliance with “limitless” potential to create a ubiquitous new standard in mobile commerce for China UnionPay’s (CUP) 1.3b credit and debit card users.
Atom to Expand Biometric Banking in the UK
Atom will be pioneering the use of biometrics in the UK banking industry, leading the way with face and voice biometrics as core credentials to log-in to your bank. Atom is the UK’s first bank designed for digital, offering easy and convenient banking via an app, due to launch in 2016. A personalised approach is at the heart of what Atom will offer, starting at the very first step of opening the ‘virtual doors’ of the bank. Face and voice... more
ADIB Teams up with IBM to Launch Innovative Digital Studio
- 9 years 11 months ago
- Banking, Mobile Banking
Abu Dhabi Islamic Bank (ADIB) today announced that it will fundamentally transform how it interacts and provides services to customers by building a new Digital Studio with consulting services from IBM (NYSE: IBM).
M&T Bank Customers to Implement Android Pay
Beginning today, M&T Bank customers can add their M&T Bank debit or credit card to Android Pay, the convenient way to pay with an Android phone. The free new service from Google allows customers to use their Android phone (running 4.4 or higher) to pay for purchases at more than one million stores across the U.S.
