Banking

PayNearby announces partnership with Sub-K Impact Solutions; enables access to loan repayment options through its retail network

India’s largest agent banking platform, PayNearby is happy to formally announce its partnership with Sub-K Impact Solutions Ltd (Sub-K), a leading player facilitating loans, savings and payments to underbanked households and micro-enterprises. The partnership will work towards enhancing shared goals of the two organizations, who are committed to enabling financial inclusiveness and economic wellbeing of the country’s masses. Read more »

OpenLegacy to support Shimane Bank in accelerating its digital transformation

OpenLegacy, a pioneer in digital-driven integration for core legacy systems, was recently selected by Shimane Bank to enhance its digital platforms.This milestone marks OpenLegacy's official entry into Japan, after a strategic investment of US $20M from SBI Holdings earlier this year. A team of local go-to-market experts, delivery consultants and partners have been employed to serve the market. Read more »

Banking Circle secures five finalist places at 2020 Emerging Payments Awards

Banking Circle, the financial infrastructure provider to Payments businesses and Banks has secured 5 finalist slots in the 2020 Emerging Payments Awards. Designed to celebrate innovation, collaboration and emerging payments, the Emerging Payments Awards recognise companies that have made significant advances in how businesses and individuals pay. Read more »

Lanistar chooses W2 to power its new banking alternative

W2 partners with Lanistar, ahead of its polymorphic debit card launch that will revolutionise how customers manage their money. W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with Lanistar, to help power its new hassle-free banking alternative. The company will use polymorphic technology to provide a customer-focused alternative to traditional banking services... more Read more »

FSS brings AutoPay and conversational capabilities to UPI

FSS (Financial Software and Systems), a global digital payment and financial technology company, has augmented its UPI 2.0 platform with a range of new capabilities to improve customer convenience. This includes AutoPay and voice-activated account management to enable PSPs harness the potential of UPI, generate new monetization opportunities, and encourage frequent use of digital payments. Read more »

NatWest brings Apple Pay to business credit cards

NatWest today brings Apple Pay to its Business credit card customers, providing a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction. Read more »

Mastercard and ANNA Money enter next phase of partnership as the ‘debit card that meows’ comes of age

Mastercard and ANNA Money today announced an extended partnership that will support ANNA’s customers with value-added services. ANNA is a mobile business account, Mastercard debit card and virtual assistant rolled into one aimed at start-ups, freelancers and small businesses. Launched in 2018, ANNA (Absolutely No Nonsense Admin) “the debit card that meows”, has worked with Mastercard since its inception.  Read more »

Yolt enters beta for substantial app update in reaction to changing consumer priorities

Yolt, the award-winning smart money app, has today announced that it is heading into a beta period, testing a new evolution of its app focused on smart spending and savings growth, in recognition of the shift in financial priorities brought on by the Covid-19 pandemic. Read more »

BNY Mellon automates global payment inquiries, becoming the first US bank to offer SWIFT gpi Case Resolution service

BNY Mellon has recently collaborated with SWIFT to be the first U.S. bank to offer the gpi Case Resolution service to clients, and the fifth globally. This offering marks another milestone in BNY Mellon’s commitment towards client-centric payment services and leading the path for other global payments innovation (gpi) initiatives. Read more »

Asset Control and Finmechanics Unveil an Integrated Solution to Accelerate FRTB Implementation and Boost Operational Efficiency

Asset Control and Finmechanics have announced a new technology partnership to provide banks with an accelerated approach to The Fundamental Review of the Trading Book (FRTB) preparedness, both standardised approach and internal models approach (IMA) and other regulatory imperatives. Non-modellable risk factors and profit and loss (P/L) discrepancies, in particular, can be quickly identified and addressed. The solution tightly integrates data... more Read more »

Mphasis Digital Risk leverages Mendix low-code platform to enable fast, effective digitalization for the financial services industry

Mendix, a Siemens business and the global leader in enterprise low-code, today announced that Mphasis Digital Risk, a financial services technology provider for the competitive U.S. mortgage loan fulfilment market, has successfully launched an expanded portfolio of software development projects for both internal and external Mphasis clients. Read more »

FV Bank launches international, online-only financial services for individuals and businesses

Global Digital bank FV Bank International Inc. today announced the launch of its online FV Bank, which will offer individual and business accounts to international clientele through an online-only banking platform. Read more »

BBVA Bank selects Fujitsu’s Quantum-Inspired Digital Annealer to explore customers’ investment portfolios

Fujitsu today announces that it is collaborating with BBVA, Spain’s second largest bank, on a proof of concept (PoC) of its quantum-inspired optimisation solution Digital Annealer. The bank wants to determine whether the Digital Annealer could outperform traditional computing techniques in optimising asset portfolios, helping minimise risk while maximising returns, based on a decade’s worth of historical data.   Read more »

Jordan Ahli Bank Cyprus equips for PSD2 with Salt Edge’s solution

Salt Edge, a leader in developing open banking solutions, helped Jordan Ahli Bank Cyprus become amongst the first group of banks in Cyprus to comply with PSD2 requirements. Read more »

Sterling Bank leads with lending, investing and credit rating features on WhatsApp with Clickatell’s chat banking solution

Sterling Bank Plc, Nigeria's leading commercial bank, in collaboration with Clickatell (www.Clickatell.com), a global leader in mobile communications and chat commerce, today announced a unique and very personalised banking experience for existing customers and prospective account holders through the popular messaging app - WhatsApp. Read more »

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