Fintech Trends in 2023: Banking, Payments, Blockchain, RegTech and More
- 3 years 4 months ago
- Artificial Intelligence, Blockchain, RegTech, Payments, Banking, Security
In recent years, fintech has been on the rise, and with the growing need for digital solutions to handle financial services, this trend is projected to continue through 2023. The increase in demand for digital solutions to manage financial services As a consequence of this, it is anticipated that the entire size of the worldwide fintech market would reach a total of $305 billion by the year 2023.
51% of European Businesses Believe Banking-as-a-Service will Make Traditional Banking Obsolete
- 3 years 4 months ago
- Banking
Over half of European business leaders expect Banking-as-a-Service (BaaS) to make traditional banking obsolete, according to new research from Vodeno/Aion. The BaaS provider commissioned an independent study among more than 1,000 senior decision-makers within businesses based in the UK, Belgium and the Netherlands. Its report – Banking-as-a-Service 2.0 – Why Embedded Finance will make its mark in 2023 – reveals that 51% believe BaaS will spell... more
AlHuda CIBE Successfully Organized Training on Islamic Microfinance
- 3 years 4 months ago
- Islamic Finance
The One Day Specialized Training Workshop on Basics of Islamic Microfinance organized by AlHuda Centre of Islamic Banking and Economics was successfully concluded at Grand Millennium Hotel, Lahore on December 21, 2022. The purpose of the training was to promote and strengthen the knowledge of Islamic Microfinance organizations.
Northteq's Innovative Technology at the Core of FinWise Bank’s Equipment Finance Expansion
- 3 years 4 months ago
- Alternative Finance
Northteq, Inc., a leading provider of Salesforce loan origination solutions, along with FinWise Bank (FinWise), a subsidiary of FinWise Bancorp, announced today the successful integration and launch of Northteq’s Aurora Loan Origination System (LOS) to support FinWise’s nationwide expansion into the equipment finance industry.
Xalq Bank Launches New Loyalty and Rewards Programs with the Help of Compass Plus Technologies
- 3 years 4 months ago
- Banking
Xalq Bank, one of the leading banks in Azerbaijan, has launched new XalqKart PETROL and CASHBACK cards using solutions from Compass Plus Technologies, an international provider of retail banking and electronic payments software. The cards were created to reward Xalq Bank customers for making transactions using the programs.
A New Ethiopian Bank to Revolutionize Banking by Partnering with Intellect Global Consumer Banking
- 3 years 4 months ago
- Banking
Intellect Global Consumer Banking (iGCB), the consumer banking arm of Intellect Design Arena Limited, announced that a new Ethiopian bank has chosen its product Intellect Digital Core (IDC) to power its banking. IDC has been recognized as the number 1 platform in Retail banking as per IBS Intelligence in 2022.
Starling Bank to Launch its First Fixed Saver Product Offering 3.25%
- 3 years 5 months ago
- Banking
Starling Bank is today rolling out its first savings product offering a guaranteed return of 3.25% over one year on balances of £2,000 or more. The new Starling 1-Year Fixed Saver is built seamlessly into the Starling app for maximum visibility and control.
AlHuda CIBE is Organizing a Practical Learning Drive for Takaful Industry
- 3 years 5 months ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics, a leading name in Islamic finance industry for institutional set-up, capacity building, and global networking is going to organize an exposure visit for Takaful industry in the hub of Islamic finance industry Malaysia.
Bpifrance Selects Thought Machine to Deliver the Next-generation of Finance to SMEs in France
- 3 years 5 months ago
- Banking
Thought Machine, the cloud-native banking technology company, today announces that Bpifrance, the French public investment bank, is using Thought Machine’s cloud-native core banking platform, Vault Core.
Leading Fintech Research Firm WhiteSight Partners Open Finance Champions Open Future World
- 3 years 5 months ago
- Alternative Finance
With a shared ethos of creating value for open finance innovators, two leading knowledge providers, WhiteSight and Open Future World are delighted to announce their strategic partnership.
1 in 4 Brits Struggle to Get Through to the Right Person from Their Bank Over the Phone
- 3 years 5 months ago
- Banking
Fluro has surveyed over 2,000 Brits with a bank account to reveal how happy they are with their provider’s services and what areas are most important when choosing a bank. They have also created a ranking of the best banks around the world for customer satisfaction, analysing Trustpilot reviews to reveal which are providing the best service overall.
Accelerating Digital Inclusion and Sustainable Transformation
- 3 years 5 months ago
- Banking
The 7th Edition Connected Banking Summit - East Africa will be held on 7th of March in Nairobi, Kenya The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations while ensuring the highest standards of privacy and security.
ICSFS Participates at the Second Uzbekistan Economic Forum
- 3 years 5 months ago
- Islamic Finance
ICS Financial Systems Ltd – ICSFS, the global software and services provider for banks and financial institutions, has participated in the Uzbekistan Economic Forum 2022. Hosted by the Uzbekistani Government, with the support of the World Bank and Asian Development Bank (ADB); the forum was held in the historic city of Samarkand on the 2nd and 3rd of November, 2022.
National Bonds in UAE Selects Azentio’s iMAL to Improve Operational Efficiency, Support Growth Strategy
- 3 years 5 months ago
- Islamic Finance
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds managed by Apax Partners, announced today that National Bonds, the UAE’s leading Shariah-compliant savings and investment company owned by the Investment Corporation of Dubai, has selected Azentio’s market-leading Islamic Banking solution, iMAL, to support its quest to improve process efficie
