ING to Offer Compensation to Dutch Retail Customers With Certain Consumer Credit Products
ING announced today to offer a compensation to our Dutch retail customers with certain revolving consumer loans where the variable interest rate did not sufficiently follow market rates. With this step, ING reacts to a number of rulings by the Dutch Institute for Financial Disputes (Kifid) regarding similar products at other banks.
Path Solutions Receives Record-breaking Number of Awards at IFN Service Providers Poll
- 4 years 8 months ago
- Payments, Islamic Finance
Several honors and awards were recently bestowed on Path Solutions including the latest Best Islamic Technology Provider 2021 award from Islamic Finance news (IFN). For the first time in history, an Islamic banking software provider receives the most awards ever for its contribution to the growth of the Islamic financial services industry.
nCino and Accenture Help Judo Bank Transform its SME Business Banking Platform
- 4 years 8 months ago
- Banking, Cloud, Consultancy
Judo Bank is now live on the nCino Bank Operating System platform, providing a single digital engagement experience for its customers and employees
Banking Competition Remedies Ltd (BCR) Announces the Awards of Capability and Innovation Fund Pool F
- 4 years 8 months ago
- Fund Management, Banking
The Board of Banking Competition Remedies Ltd (BCR) today announces the results of the Capability and Innovation Fund Pool F grant process. The Capability and Innovation Fund Pool F was open to organisations that meet the same eligibility criteria as previous Pool A, B, and C bodies, which can be found here. The grants, which have a combined value of £12.5 million, are awarded as follows:
Smaller Businesses Responsible for Around Half of All UK Greenhouse Gas Emissions From Businesses, British Business Bank Research Reveals
- 4 years 8 months ago
- Banking
· Awareness of net zero is becoming significant (at nearly 60%), although only around half of smaller businesses say decarbonisation or reducing environmental impacts is a near-term priority · 35% of smaller businesses state cost as a barrier for reducing carbon emissions · 11% of UK smaller businesses – equivalent to around 700,000 businesses – have accessed external finance to support net zero actions, and 22% say they are... more
Vanquis Launches New Personal Loan Range
- 4 years 9 months ago
- Lending, Personal Finance, Banking
Vanquis Bank, part of the Provident Financial Group (PFG), has today announced it’s expanding its product offering by introducing a range of new personal loans. This significant step demonstrates their strategic vision to be a digital first customer led bank, offering a range of tailored financial products for consumers whose needs aren’t well met by high street banks.
Leading Global Experts to Participate in International Artificial Intelligence Conference AI Journey
- 4 years 9 months ago
- Artificial Intelligence, Banking, Data
Artificial Intelligence Journey 2021, an international online conference on artificial intelligence and data science, will welcome the world’s leading AI experts as speakers. A key event of Russia’s Year of Science and Technology, the three-day event will be held on November 10–12, 2021.
Liberty Bank Selects Glia for Digital Customer Service
- 4 years 9 months ago
- Banking
$7 billion banks modernizes customer service with Glia to support digital transformation
Ilya Kretov to lead Tinkoff E-commerce
- 4 years 9 months ago
- E-Commerce, Banking
Ilya Kretov has joined the Tinkoff team as Director of E-commerce. In this role, he will lead the new business line of Tinkoff E-commerce, an ecosystem of services for online businesses that operates within the scope of Tinkoff Business.
Drawbridge Names Thomas Fallucco Chief Revenue Officer
- 4 years 9 months ago
- Investment, Alternative Finance, Cybersecurity
Senior Business Development Professional Joins Drawbridge to Drive Continued Global Growth Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced the appointment of Thomas Fallucco as Chief Revenue Officer (CRO). Fallucco will be responsible for driving continued growth while expanding a global footprint through international business and enhancing client relationships and... more
Swedish Fintech Dreams Appoints Stefan Krafft as New VP of B2B Marketing to Boost Next Phase of International Expansion
- 4 years 9 months ago
- Payments, Banking, People Moves
Dreams (www.getdreams.com), the financial wellbeing platform and leader in engagement banking solutions, today announces the appointment of Stefan Krafft as its new VP of B2B Marketing, to further drive the company’s B2B customer acquisition strategy and help facilitate partnerships with some of the world’s largest financial institutions.
Luminor Bank Extends Partnership With Ondato to Enable Remote Opening of Business Accounts in Latvia
- 4 years 9 months ago
- Banking, Compliance
Luminor Bank, the third-largest bank in the Baltic region, and Ondato, the leading provider of compliance as a service, are partnering to allow companies the opening of Luminor business accounts remotely in Latvia.
Westerra Credit Union Partners with Backbase to Offer Cutting Edge Technology and Transform Members’ Digital Experience
New partnership with Backbase will allow Westerra Credit Union to scale digitally with increased flexibility and speed
GBB Goes Live on nCino to Enhance and Streamline Banking Workflow
Challenger bank utilising the nCino Bank Operating System® to bring easier access to funding to SME property developers nCino, Inc. a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that ‘champion for the North’ challenger bank GBB is live on the nCino Bank Operating System®.
Nubank’s first profitable H1 in Brazil vindicates its scale-first approach
- 4 years 9 months ago
- Banking
Nubank revealed that it turned its first-ever half-year profit in Brazil, its home market and its biggest one, per Reuters. The neobank reported H1 2021 net income of BRL$76 million ($14.7 million), a year-over-year (YoY) surge from its H1 2020 loss of BRL$95 million ($18.4 million). (The update doesn’t include performance data for the company’s other markets, Mexico and Colombia.)
