EBA Gives Supervisory Authorities Thumbs Up for IT Systems
- 8 years 1 month ago
- Banking
Today the European Banking Authority revealed a Report on the Peer Review carried out on its ITS on supervisory reporting aimed at assessing how supervisory authorities have ensured its consistent and comprehensive implementation.
Atom Bank Price-Match 5 Year Fixed Rate Mortgages to 2 Year Rates
- 8 years 1 month ago
- Banking
Atom bank is offering customers the chance to lock into a 5 year fixed rate mortgage at the same rates as their current 2 year products. This revolutionary move of aligning rates across short and longer term fixed rate mortgages will enable customers to fix one of their most significant monthly outgoings at a lower rate for longer. Details of the new products are: Rate decreases across all 5 year LTV (loan to value) bands to match our 2 year... more
First Islamic Fintech Receives UK Regulator's Approval
- 8 years 1 month ago
- Banking
A London-based start-up claims it is the first shariah-compliant fintech to be given regulatory approval in the UK. Yielders, an equity-based crowdfunding platform for UK property investment, was given the green light by the Financial Conduct Authority (FCA) in early April.
Starling Bank Unveils Developer Portal
- 8 years 1 month ago
- Banking
Today Starling Bank revealed its much anticipated Developer Portal and took the next step on its roadmap to building out its Marketplace Platform. Debuting for the launch of Innovate Finance 2017, Starling Bank’s Developer Portal enables third-parties to securely access customer data (with their permission, of course) and build on top of the Starling Platform using the mobile-only bank’s APIs (Application Programming Interface).
Naqoda Introduces Core Banking Platform
- 8 years 1 month ago
- Banking, Infrastructure
Today Innovate Finance member Naqoda, financial software solutions and services provider, announced the release of its core banking software. Naqoda’s software will allow existing banks, challenger banks, retail entrants and others to quickly deliver an omnichannel banking experience to their customers and efficiently organise their day-to-day operations.
Fulton Financial Corporation Renews Partnership With Fiserv
- 8 years 1 month ago
- Banking, Infrastructure
Today Fiserv, Inc., a global leader in providing financial services technology solutions, revealed that Fulton Financial Corporation, a bank holding company headquartered in Lancaster, Pennsylvania, has signed a long-term agreement to renew its relationship with Fiserv.
Mastercard Welcomes Latest Start Path Program Participants
Today, Mastercard welcomed five new startups to its Start Path Global program – the company’s global initiative to support innovative later-stage startups who are reshaping the future of commerce. The program is open to startups who are rethinking banking and payments and have raised a significant seed or Series A round of investment.
Lloyds Banking Group: Updates On FinTech Mentoring Scheme
- 8 years 1 month ago
- Banking, FinTech StartUps
Previousely, Lloyds Banking Group introduced a new mentoring scheme that sees FinTech start-ups benefit from the broad expertise of its colleagues from across the Group. Amongst other relationships, Innovate Finance helped to identity suitable start-ups to benefit from the scheme, which sees senior Lloyds Banking Group colleagues act as mentors to help FinTech start- ups develop their business and proposition by sharing expertise. The scheme... more
Alawwal Bank Reinvents Branch Banking
- 8 years 1 month ago
- Banking
Synechron designs first-of-its-kind café branch complete with barista and digital onboarding Coffee and Impulsive Banking are infused with the latest digital technologies
Zenmonics Collaborates With MX to Deliver Intergrated Financial Data For Digital Transformation Platform
- 8 years 1 month ago
- Banking, Infrastructure
Today Zenmonics, a global technology services provider serving the banking and financial technology market, reported a new strategic alliance with MX, the world's fastest-growing fintech company, to provide unified financial data and intuitive money management tools to its digital transformation platform, channelUNITED. The companies announced the partnership in conjunction with delivery to a shared top-100 financial institution.
China Minsheng Bank Teams Up with Bolero
- 8 years 1 month ago
- Trading Systems, Banking
Bank will offer the multiple benefits of the Bolero platform as new agreement marks the start of long-term relationship China Minsheng Bank announced its partnership with Bolero to offer importers the multiple benefits and slashed transaction times of the Bolero electronic trade document platform. The agreement between Bolero and China Minsheng Bank marks the beginning of a longer-term relationship that will begin with a significant iron and... more
Payscape Collaborates with Embassy National Bank
Payscape Financial technology provider, has teamed up with Atlanta’s Embassy National Bank, to provide local businesses with the latest financial products and services that will allow them to increase cash flow, process payments, and streamline their business operations through innovative software solutions.
Smart Contracts: From Ethereum to Potential Banking Use Cases Whitepaper
- 8 years 1 month ago
- Banking
With contributions from Zerado, FinTech Network have produced a whitepaper that looks at smart contracts and how they could improve efficiencies within the banking sector. The whitepaper highlights:
CommBank Ships Free Data Analytics Platform to SMEs
- 8 years 1 month ago
- Banking
Commonwealth Bank is putting the power of big data into the hands of small and medium businesses by launching a powerful new-to-market business analytics platform. The world-leading Daily IQ 2.0 platform brings together a suite of data feeds and online tools enabling businesses to not only monitor their performance in real-time and instantly view customer purchasing and demographic trends, but to model future scenarios based on a range of... more
GMC Software Research: Almost Half of UK Consumers Considering to Switch Banks
- 8 years 1 month ago
- Banking
43 percent looking to switch in the next year, as 68 percent feel they are “Just a number” to their bank
