Money20/20 Predicts Central Bank Digital Currencies Spark New Era for Fintech
In a newly released Fintech 2.0 whitepaper, Money20/20, the place where the global fintech community does business, lays out its vision for the next era of fintech, as we enter the recovery phases of COVID-19. The paper predicts seismic shifts for the industry - most notably that digital currencies will become widely adopted in the banking sector in the next three to five years.
Temenos to Accelerate the Modernization of Top Global Bank Societe Generale’s Transaction Banking Platform in Europe and Asia
· Temenos will provide Societe Generale Payment and Cash management activities with a unified, cloud-native platform for account management in Europe and Asia, and payment services for corporate and financial institution customers in Asia · Next-generation platform enables Societe Generale to innovate fast and deliver differentiating services to meet the evolving needs of its global corporate customers
Equity Investment in Smaller UK Businesses Reached a Record £8.8Bn Last Year
- 4 years 4 months ago
- Investment, Banking
Equity investment in the UK’s smaller businesses increased by 9% in 2020 to £8.8bn, the highest amount since the Beauhurst data series began in 2011, reveals the British Business Bank’s annual Small Business Equity Tracker, published today. The strong momentum continued into Q1 2021, with the total value of equity investment in smaller businesses reaching £4.5bn, by far the highest amount ever recorded in a single quarter.
Temenos Extends Partnership with Standard Chartered to Enhance the Bank’s Financing & Securities Services Offering
- 4 years 4 months ago
- Banking, Core Banking
Temenos, the banking software company, today announced that Standard Chartered has extended its strategic relationship with Temenos to support its growing Financing and Securities Services offering.
Thailand’s Move to Launch Central Bank Digital Currency Ignites Race to Market for Regional Players
- 4 years 4 months ago
- Banking
Earlier this month, The Bank of Thailand contracted with a firm they tasked with developing a proof-of-concept for a Thai CBDC, settling on development costs of 10 million baht. This announcement comes as other countries are busy planning for their own financial futures. Recently, Ghana announced that the country is approaching the pilot testing phase for its own CBDC, while the president of El Salvador announced that he aimed to make Bitcoin an... more
Fintech Buoys Yachting Industry
- 4 years 4 months ago
- Banking
Monneo, a virtual IBAN and corporate bank account provider, is proving a hit with yachting and marine businesses. Unlike traditional banks, Monneo simplifies the management of corporate banking for companies with unique financial needs. Having a multi-tiered structure provided by Monneo, allows companies better visibility and control of funds as they can decide how much money to transfer to each yacht and its crew’s sub-accounts.
Monese Partners With Veriff To Provide Secure Digital Banking for European Consumers
- 4 years 4 months ago
- Digital Identity, Banking, Security
Monese, a European mobile money app, and Veriff, a global identity verification provider are partnering to provide enhanced and secure digital banking services for consumers across Europe. With this partnership, Veriff is adding an extra layer of safety and security to the mobile money app.
MoneeMint Chooses TruNarrative Platform for Onboarding and Transaction Monitoring
TruNarrative are proud to announce their latest partnership with the UK’s first ethical digital banking platform, MoneeMint to provide their market leading customer onboarding and transaction monitoring solution. MoneeMint is a London based FinTech with a focus on providing socially responsible finance to millennials in the UK and Europe. Aiming to be Europe’s first ethical digital bank, MoneeMint will provide their customers with transparent,... more
KeyBank Goes Live with SmartStream’s Cloud Collateral Management Solution
- 4 years 4 months ago
- Management, Banking, Cloud
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces KeyBank N.A. goes live with its TLM Collateral Management (formerly Algorithmics/IBM Collateral) OnDemand solution - offering coverage for cleared and non-cleared, over the-counter (OTC) derivatives, repo and securities lending margining.
Elevator Lab Demo Day 2021: Zentity wins the Best Pitch Award
Elevator Lab, powered by RBI, organized its annual Demo Day on the 10th of June 2021. Unlike the previous events, the Demo Day took place in a digital format due to the COVID-19 crisis.
Crown Agents Bank Accelerates Innovation and Growth Plans with the Appointment of Head of FinTech and Chief Commercial Officer
- 4 years 4 months ago
- Banking, People Moves
Crown Agents Bank has today announced two significant hires to its Executive Committee. David Mountain joins as Executive Vice President (EVP) and, in a newly created role, Head of Fintech. The leadership team is further strengthened by Joe Hurley joining as Chief Commercial Officer (CCO). The appointments come following a transformational 18-month period for the bank, with the launch of new digital financial services and a continued 65% year on... more
Path Solutions Maintains TOP Position in IBSI SLT 2021 in a Winning World Record
- 4 years 4 months ago
- Banking, Islamic Finance
We are pleased to announce that Path Solutions has won the TOP position in two categories in the IBSI Sales League Table 2021 (IBSI SLT); Islamic - Universal Banking | Core, Data Warehouse & Business Intelligence.
Banking Circle and B4B Payments Join Forces for Innovative Corporate Payments Service
B4B Payments, a leading global prepaid payments provider, has selected Banking Circle to provide payments infrastructure for its corporate banking services. Providing prepaid solutions to businesses for more than 15 years, FCA authorised B4B enables organisations of any size to manage expenses, simplify payroll, reimbursements, and offer employee rewards and incentives.
IBS Recognizes Temenos as the #1 Best-Selling Banking Software in Nine Categories, More Than Any Other Technology provider
- 4 years 4 months ago
- Banking, Online Banking, Data, Risk Management
Temenos, the banking software company, has been recognized as the market’s leading software provider with wins in nine categories, up from six categories last year and more than any other company. According to the IBS Intelligence Sales League Table 2021, Temenos is #1 in the digital banking, core banking, retail payments and risk management categories.
Fineco offers Access to Wellington Management Funds on its Investing Platform
- 4 years 4 months ago
- Investment, Management, Banking
Wellington Management is one of the largest global asset managers offering investment solutions spanning across the global equity, fixed income, multi-asset and alternatives. The latest addition to Fineco's investment platform follows a string of recent fund announcements made this year including AXA IM, Candriam and Ninety One.
