UK Businesses Save 150 Hours Every Year on Operational Tasks by Using Open Banking, Survey Reveals
- 2 months 3 weeks ago
- Banking
Two in three (66%) larger UK businesses say they are very familiar with open banking and users report an average annual saving of 150 hours usually spent on operational tasks such as processing invoices and financial data, recurring payments and processing refunds, new research reveals.
GFT Acquires Sophos Solutions from Advent International
- 2 months 3 weeks ago
- Banking
Global digital transformation pioneer GFT Technologies SE (GFT) agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S. With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability.
Research Reveals Two Thirds of Banks Struggle with Data Quality and Integrity
- 2 months 3 weeks ago
- Banking
Mosaic Smart Data (Mosaic), the real-time capital markets data analytics company, has revealed the challenges that front office divisions in investment banks face when attempting to get their data in a fit enough state to deploy AI-powered analytics to improve efficiency, productivity, and profitability.
Nagarro Signs Agreement to License and Develop Temenos Country Model Banks for Romania and Poland
- 2 months 3 weeks ago
- Banking
Temenos today announced that Nagarro, a global digital engineering leader, has signed an agreement to license and further develop Temenos Country Model Banks for financial institutions in Romania and Poland. The agreement opens new opportunities for growth for Temenos with enhanced local functionality and service capability provided by Nagarro in these markets.
CFPB Proposes Rule to Stop New Junk Fees on Bank Accounts
The Consumer Financial Protection Bureau (CFPB) proposed today to block banks and other financial institutions from one potential source of new junk fee revenue – fees on transactions declined right at the swipe, tap, or click.
Fimple Core Banking Platform Launched in 1.5 Months at Dünya Katılım
- 3 months 9 hours ago
- Core Banking
Fimple has achieved significant success in the field of financial technologies by launching its state-of-the-art core banking platform at Dünya Katılım in just 1.5 months. This fast and innovative step was recorded as a turning point in the finance sector.
Finshape and Arab National Bank (anb) Join Forces for Personalized Banking Solutions
- 3 months 5 days ago
- Banking
Finshape, a leading fintech solutions provider, is excited to announce a strategic collaboration with Arab National Bank (anb), a major bank and a pioneer in innovation in Saudi Arabia. This collaboration aims to deliver customized banking experiences that cater to the unique needs of their customers.
FinTech Wales Welcomes Starling Bank as Latest Partner
- 3 months 6 days ago
- Banking
FinTech Wales, the independent members association and champion of the Fintech and Financial Services industry in Wales, has welcomed Starling Bank as the latest organization to become a Partner to empower Wales as a globally recognized hub of fintech excellence.
Ebury Bank, an Exclusive Brand in Brazil, Focuses on Offering Digital Banking Services for Foreign Trade and Cross-border Solutions for Platforms.
- 3 months 6 days ago
- Banking
Ebury, a global fintech that offers cross-border payment solutions, is advancing in its expansion across Brazil with the launch of the Ebury Bank brand. It acquired the Bexs Group, which includes Bexs Banco (FX) and Bexs Pay (payments), and is now undergoing the last stages of the framework for the transition of controllers, following the procedures of the Brazilian Central Bank.
Visa Completes Acquisition of Pismo
- 3 months 1 week ago
- Core Banking
Visa today announced it has completed its acquisition of Pismo – a global cloud-native issuer processing and core banking platform. With the transaction complete, the combination of Visa and Pismo will provide clients with core banking and card-issuer processing capabilities across all product types via cloud-native APIs. Pismo’s platform will also enable Visa to provide support and connectivity for emerging payment schemes and RTP networks for... more
PortX and Plaid Announce Partnership to Fast-Track Data Access and Innovation for Financial Institutions
- 3 months 1 week ago
- Core Banking
PortX, the leading financial infrastructure and integration technology company that provides open access to data and drives innovation for financial institutions with its Integration-Platform-as-a-Service (IPaaS), announced a strategic partnership with Plaid, the data network powering the digital financial ecosystem. This collaboration combines the power of PortX's digital core banking integration experience with Plaid’s industry-leading... more
Mashreq Launches New Mobile App for Superior Digital Experience
- 3 months 2 weeks ago
- Mobile Banking
Mashreq, one of the leading financial institutions in the MENA region, announced the launch of its innovative mobile app, Mashreq UAE, aimed at providing a superior digital experience for its customers.
FintechOS Brings Innovative Banking and Insurance Technology Solutions to the Microsoft Azure Marketplace
- 3 months 2 weeks ago
- Banking
FintechOS, provider of a fintech enablement platform that enables end-to-end banking and insurance product innovation, has partnered with Microsoft, a global technology powerhouse, to offer FintechOS on the Microsoft Azure Marketplace. This collaboration brings innovative, agile, and scalable fintech solutions to banking and insurance institutions worldwide, empowering them to accelerate their digital transformation journey.
Salmon Becomes a Licensed Bank in the Philippines
- 3 months 2 weeks ago
- Banking
Salmon, a financial technology company working to improve access to credit, savings and investments for over 500 million underserved customers in Southeast Asia, announces that it has received regulatory approval from the Monetary Board of the Bangko Sentral ng Pilipinas (“BSP”) to acquire the controlling interest in Rural Bank of Sta. Rosa (Laguna), a well-respected licensed financial institution serving Filipino communities since 1963.
Security Bank of Kansas City Expands Partnership with NCR Atleos to Transform Self-Service Banking
- 3 months 2 weeks ago
- Banking
NCR Atleos Corporation, a leader in expanding financial access for financial institutions, retailers, and consumers, today announced that