RBI's Digital Basket – Simple Loans for Scale-ups for the First Time
- 4 years 4 months ago
- Banking
€ 100 million for online companies that have outgrown the start-up phase ∙ Loan volume between € 1 and € 7 million RBI one of the first corporate banks to offer targeted debt capital for digital industries Raiffeisen Bank International (RBI) has launched one of the largest European financing programs for digital growth companies. With a total volume of € 100 million, online companies that have already outgrown the early start-up phase... more
Arkéa Banking Services Selects Finastra’s Fusion Risk to Support Operational Transformation of Financial Institutions in France
Finastra today announced that Arkéa Banking Services, a subsidiary of Crédit Mutuel Arkéa and a major player in the provision of banking and insurance services in France, has selected Finastra’s Fusion Risk solution to help streamline operational processes and reduce operational costs for local banks.
Sionic and Revelock Join Forces to Help Banks and Financial Services Providers Fight Fraud
Revelock , a pioneer in behavioural biometric based online fraud prevention, has today announced it is partnering with Sionic, the global financial services consultancy, to help banks and financial services providers around the world take a more proactive approach to detecting and responding to fraud.
MCB to Adopt MITECH’s TRAC Collateral Management System on a Cloud
- 4 years 4 months ago
- Trading Systems, Management, Banking
The Mauritius Commercial Bank Ltd (MCB) is adopting MITECH’s system TRAC (Trade Risk Active Control) to support a continuous and significant growth in its Commodity Trade Finance (CTF) business. TRAC is a Trade Risk and Collateral Management system supporting Structured Trade Commodity Finance. The TRAC solution handles not only Transactional Commodity Finance but Borrowing Base structures as well.
IFIN Launches the First of its kind Instant Islamic Financing Platform
- 4 years 4 months ago
- Alternative Finance
Bahrain-based Islamic FinTech provider, IFIN (Islamic Finance Initiation Network – www.ifin-services.com), has launched the first of its kind, real economy, automated Islamic financing platform. The secure, innovative technology connects retailers and Islamic finance providers, enabling them to offer consumers instant access to Islamic financing for purchases, at the point of sale.
IFIN Launches The First of its Kind Instant Islamic Financing Platform Offering Retailers and Islamic Finance Providers Unparalleled Opportunities
- 4 years 4 months ago
- Banking, Core Banking, Islamic Finance
Bahrain-based Islamic FinTech provider, IFIN, has launched the first of its kind, real economy, automated Islamic financing platform. The secure, innovative technology connects retailers and Islamic finance providers, enabling them to offer consumers instant access to Islamic financing for purchases, at the point of sale.
Klarna Launches Game-Changing new Shopping Feature, Bringing Interest-free Shopping to ALL Online Retailers
Klarna users can now shop using pay in 3 at any online retailer, regardless of whether they’re partnered with Klarna or not, directly from the app The new feature eliminates the need to use credit cards when shopping online, making high-interest APRs a thing of the past Additional features include personalised wish lists, price drop notifications, thousands of deals updated daily, monthly budgets and personal spending limits
Temenos the Only Vendor Recognized as a Global Power Seller, a Top Global Player and a Top Global Cross-Seller in the 2021 Deal Survey, with 3X the Number of New Named Deals of the Next Vendor Surveyed
- 4 years 4 months ago
- Banking, Core Banking
Temenos, the banking software company, has been listed as the only ‘Global Power Seller’ in Forrester’s prestigious Global Banking Platform Deals Survey 2021, with a 20% increase in new named deals compared to previous year. Temenos was the only top 5 vendor to grow its number of deals in 2020. Temenos landed more new global banking deals than any other surveyed provider in 2020, as stated in the Forrester report.
Tonik Becomes PH’s First Neobank to Secure Digital Bank License
- 4 years 4 months ago
- Banking, Online Banking
Tonik, the Philippines' first digital-only neobank continues to make waves in the local fintech and banking industry as it secures a digital bank license from the Bangko Sentral ng Pilipinas (BSP) – the first for any private and purely digital bank in the country.
PayAlly Strengthens International Payments Offering Through New Partnership With Banking Circle
- 4 years 4 months ago
- Payments, Banking, Infrastructure
Innovative payments ecosystem provider set to cut cost and timescale of cross border payments and FX
Tinkoff to Buy Stake in SPB Exchange
- 4 years 4 months ago
- Banking
Today, Tinkoff signed a Cooperation Memorandum with the Non-Profit Association for the Development of the RTS Financial Market (NP RTS Association), a primary shareholder of SPB Exchange, agreeing to purchase a stake of up to 7.5% in SPB Exchange from the NP RTS Association. The agreement was signed on the sidelines of the 2021 St. Petersburg International Economic Forum.
Masthaven Launches its Lowest Ever Bridging Rate
- 4 years 4 months ago
- Banking
Masthaven Bank has today announced a number of new changes to its bridging range, which was revamped at the start of 2021. The latest changes include the launch of the bank’s lowest ever bridging rate, the introduction of re-bridging on its core bridging product, and a move towards more flexible lending criteria, designed to give borrowers cost-effective short-term finance they can use for a range of purposes.
ICC’S Take on Bi-Monthly Monetary Policy Review of RBI
- 4 years 4 months ago
- E-Commerce, Core Banking
At bi-monthly monetary policy review today, RBI has projected India’s GDP growth at 9.5 per cent for the ongoing Financial Year of 2021-2022. Indian Chamber of Commerce (ICC) highly appreciates Apex Bank’s decision to step up its efforts to ensure liquidity in the system with another G-SAP worth Rs. 1.2 lakh crore planned for this fiscal year.
Huawei and Temenos Announce Technology Partnership Agreement
- 4 years 4 months ago
- Investment, Banking, Core Banking
During Huawei Intelligent Finance Summit 2021, Huawei and Temenos, the banking software company, announced a partnership to offer Temenos’ cloud-native core banking solution on the Huawei Public Cloud. Temenos is the first core banking software certified with Huawei infrastructure and Huawei Public Cloud.
Tinkoff Launches Voice Assistant Oleg Now Available to Subscribers of All Russian Mobile Operators
- 4 years 4 months ago
- Banking
Tinkoff has launched a beta version of its free voice assistant Oleg which will now be available to all residents of Russia who use mobile phones. Tinkoff’s voice assistant will protect them from spammers and fraudsters. Oleg is a smart personal assistant which is now available not only to customers of various services within the Tinkoff ecosystem but also to subscribers of any Russian mobile operator which is what makes it unique globally.
