Intellect Global Consumer Banking Launches Open Finance Enabled Retail Banking Platform Built on eMACH.ai to Revolutionise the Retail Banking Industry
- 3 years 2 months ago
- Retail Banking
Intellect Global Consumer Banking (iGCB), the consumer banking arm of Intellect Design Arena Limited, has launched its Open Finance Enabled Retail banking platform built on eMACH.ai at Money20/20 in Amsterdam. The new Retail Banking Platform empowers banks to create unique products and curate experiences by partnering with country-ready marketplace players. The platform encompasses end-to-end Retail Banking across Savings, Deposits, Payments,... more
Allica Bank Enlists ClearBank to Boost Business Banking for UK SMEs
- 3 years 2 months ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announced its partnership with Allica Bank, the fintech challenger bank dedicated to supporting established UK small and medium businesses.
Small and Medium-sized Consultancies Say Offering Specialist Consulting Services Can Stymy Growth, But Remains Key to Long-term Success
- 3 years 2 months ago
- Alternative Finance
Offering a specialist consulting service can hinder short-term growth at consulting firms throughout the UK, but providing specialist expertise remains crucial to their long-term competitive advantage, according to new research published today.
HeavyFinance Partners with Agricarbon for Major European Climate Project
- 3 years 2 months ago
- Alternative Finance
HeavyFinance, a European climate tech investment marketplace, has partnered with automated soil carbon measurement company, Agricarbon, for a European climate project to measure carbon impact.
paybox Bank Embarks on Ambitious Growth Plan Supported by Avaloq’s Core Banking Platform
- 3 years 2 months ago
- Core Banking
Vienna-based paybox Bank, a subsidiary of A1 Telekom Austria, is migrating its operations to the Avaloq Core Platform to drive the expansion of its business and to create a comprehensive suite of banking services. With this agreement, paybox Bank has the flexibility to expand into any business area as a licensed online bank, with the ability to efficiently scale as its client base continues to grow.
Castle Trust Bank Renews Contract and Transitions to the Latest Phoebus Core Banking Servicing Platform
- 3 years 2 months ago
- Core Banking
Castle Trust Bank has renewed its contract with Phoebus for another five years and will be transitioning to the software provider’s latest core banking servicing platform. The two firms have worked together since 2016 when Castle Trust migrated its entire mortgage book of loans onto a bespoke Phoebus system.
European Banks at the Forefront of Climate Innovation Race Must Maximise This Commercial Advantage
- 3 years 2 months ago
- Banking
While some may see ESG as a tick-box exercise, Cogo has found carbon footprint tracker users to be more satisfied with their bank. Many European banks have woken up to this faster than counterparts in other markets around the world by innovating to use data and technology to help customers manage and reduce their impact while also giving them a commercial advantage.
Young Brits Lead Europe in Shunning Bricks and Mortar Banking for Digital
- 3 years 2 months ago
- Banking
Young Brits are significantly more likely than others in Europe to prioritise digital over physical in-person services when choosing a bank or lender, new research has found. The findings – commissioned by CRIF, Europe’s leading provider of digital transformation for financial services – found only one in five (21%) of those aged 18-34 in the UK would now choose a bank based on it having a nearby branch.
Banking for a Greener Future – Tandem Bank Reports Transformational Year in 2022
- 3 years 2 months ago
- Banking
Tandem Bank is further cementing its position as one of the nation’s go-to banks for those looking to save, borrow and spend a little bit greener, as it reports its business performance for 2022. With a transformational year, the bank has surpassed a number of financial milestones: • Underlying operating profit of £4.5m – breaking into underlying profitability for the first time in bank’s history
SME Finance Brings Alternative Financing Solutions to Dutch Market
- 3 years 2 months ago
- Alternative Finance
SME Finance, the fintech reinventing growth financing for small- and medium-sized enterprises, announces today its expansion into the Netherlands. By catering directly to the Dutch market, this expansion not only marks a major step forward in SME Finance’s broader availability throughout Europe but will drive growth and improve financing access in the country.
Agent IQ Secures Capital from Texas-Based Bankers Helping Bankers Fund
- 3 years 2 months ago
- Banking
Agent IQ, a provider of digital customer engagement solutions specializing in making financial services more personal again, announced today the strategic investment from the Bankers Helping Bankers Fund (BHB Fund), a community bank-focused fintech venture capital fund managed by Latitude38 Venture Partners, in partnership with IBAT Services, Inc., a subsidiary of the Independent Bankers Association of Texas (IBAT) and FedFis, a leading banking... more
8th Edition Connected Banking Summit Southern Africa – Innovation & Excellence Awards 2023 Concludes with Resounding Success
- 3 years 2 months ago
- Banking
The banking, financial services, fintech, and tech fin sectors witnessed an extraordinary convergence of brilliance and innovation at the 8th Edition Connected Banking Summit Southern Africa – Innovation & Excellence Awards 2023. This prestigious event, held on 24th May 2023 at the Southern Sun Rosebank In Johannesburg, captivated the minds of industry leaders, inspiring and enlightening them with ground-breaking insights.
BNP Paribas and NatWest Go Live with CobaltFX’s ‘Dynamic Credit’ to Manage Credit Exposures for FX Trades on Interbank Trading Venues
- 3 years 2 months ago
- Banking
BNP Paribas and NatWest are now going live with ‘Dynamic Credit’ from CobaltFX, part of United Fintech, in efforts to simplify and streamline the allocation of credit for FX transactions between banks and improve access to liquidity. According to CobaltFX, the moves are indicative of an increasing trend of financial institutions wanting to optimise the disbursement of credit for FX trades and simultaneously improve market access and control.
Mastercard and Fabrick Sign Strategic Partnership to Speed Up Embedded Finance
- 3 years 2 months ago
- Alternative Finance
Today, Mastercard and Open Finance sector pioneer Fabrick announced an expanded new partnership to develop Embedded Finance solutions that will improve the digitalization of businesses, financial institutions and fintechs across Europe. Today’s announcement builds on the ongoing relationship between the two companies who have been working together since 2019 to promote innovation on the development of digital financial services for the... more
Wise Platform Launches its First Partnership in Japan with GMO Aozora Net Bank, Ltd.
- 3 years 2 months ago
- Banking
Wise Platform, Wise’s infrastructure offering for banks and non-banks alike, has announced its first partnership in Japan with GMO Aozora Net Bank, Ltd, bringing fast, low-cost international payments to more than 80,000 corporate customers.
