Online Lender Spotcap Expands into the UK Market
- 8 years 6 months ago
- Alternative Finance
Two years after its launch, online lender Spotcap is expanding into the UK market, providing flexible and accessible funding solutions to small and medium-sized enterprises (SMEs). Spotcap provides SMEs with credit lines and business loans of up to £150,000 through an online application process. While traditional lenders make credit decisions based on historical financials and old-fashioned credit scoring, Spotcap uses a unique, proprietary... more
Citibank Reveals Touch ID Sensor Authentication
- 8 years 6 months ago
- Banking, Authentication Technology
Citibank announces the launch of Touch ID Sensor authentication service in Hong Kong, allowing for a full suite of mobile banking services, including transaction, investment and enquiry, to be performed via its Citi Mobile® App on the iOS platform with iPhone 5s or later models1. Clients can now log on to the mobile banking app on their iPhone devices with their unique fingerprints and enjoy a faster, more convenient and secure mobile banking... more
Citi Releases Ability to Dispute a Charge Within Mobile App
- 8 years 6 months ago
- Banking
Citi credit cardmembers have the ability to quickly and easily dispute certain posted charges directly within the Citi Mobile App for iPhone in the U.S. The new feature is designed to provide increased peace of mind to consumers and infuse simplicity and transparency within an often emotional process.
BDO Unibank Taps Fiserv to Include Managed Services to Support the IT Initiatives of the Bank
- 8 years 6 months ago
- Banking, Infrastructure
Fiserv, Inc., a leading global provider of financial services technology solutions, today announced that BDO Unibank, one of the largest banks in the Philippines, expanded their relationship with Fiserv to include Managed Services to support the IT initiatives of the bank. BDO Unibank utilizes the Signature® core account processing platform, the Teller front-end teller system, and the Communicator enterprise framework solution from Fiserv.
Love of British High Street Endures, but Shoppers Crave More in-store Technologies Like VR
- 8 years 6 months ago
- Retail Banking, Infrastructure
The enduring role of the British high street is revealed in new research by Barclays, with two-thirds of shoppers still preferring to view valuable products in person before buying. As the retail sector prepares for the impact of Brexit, The Barclays New Retail Reality report uncovers a desire for a new form of high street that is more diverse and makes better use of technology, while revealing that two thirds of the UK population want the... more
Customers Bank and its BankMobile Tap FIS to Support their Digital and Commercial Growth
- 8 years 6 months ago
- Banking, Infrastructure
Customers Bank and its BankMobile division have selected FIS™, a global leader in financial services technology, to provide leading financial technology support that will assist the bank in its strategic digital and commercial growth.
Bank of Internet Recognized as Best Online Bank by MONEY
- 8 years 6 months ago
- Online Banking
Bank of Internet USA, the nationwide brand of BofI Federal Bank, a subsidiary of BofI Holding, Inc. (NASDAQ: BOFI), was named MONEY’s Best Online Bank for 2016-2017. Additionally, MONEY awarded Best Checking Account to Bank of Internet’s Rewards Checking.
TotalBank Unveils New TotalFlex Residential Loan Offering
- 8 years 6 months ago
- Banking, Alternative Finance
TotalBank announced the launch of TotalFlex, a new proprietary residential loan offering designed especially for South Florida borrowers with complex income structures, such as attorneys, physicians and business owners. TotalFlex can be used for both purchases and refinances, providing the ability to address the evolving needs of local borrowers. TotalBank’s management team developed this program drawing on in-depth local market knowledge and... more
Cognizant Helps KeyBank Reimagine Banking Through New Digital Banking Platform
- 8 years 6 months ago
- Banking
Cognizant (NASDAQ: CTSH) today announced that it has enabled Ohio-based KeyBank, one of the largest regional financial institutions in the U.S., to reimagine online and mobile banking by providing a more intuitive, personalized and simpler customer experience on a new digital platform. KeyBank, the principal subsidiary of KeyCorp (NYSE: KEY), is the 13th largest bank in the U.S, with operations in 32 markets, approximately 3 million customers... more
BBVA Compass and Opportunity Finance Network Enter Into Strategic Partnership
- 8 years 6 months ago
- Alternative Finance
BBVA Compass and Opportunity Finance Network are joining forces to cultivate the next generation of leaders for Community Development Financial Institutions, organizations that are critical engines of opportunity in low-income communities.
Associated Bank Makes Leadership Changes
- 8 years 6 months ago
- Banking
Associated Banc-Corp announced changes involving its executive committee. James (Jim) Yee, executive vice president and chief information and operations officer, has announced his plans to retire in the second quarter of 2017. Yee, who joined Associated in 2012, had a successful career in information technology and back office operations in the financial services industry spanning four decades. He played an integral role in aligning... more
Northern Trust Recognized Best Private Bank in U.S.
- 8 years 6 months ago
- Banking
Northern Trust, a leading global provider of wealth management services, has been named the nation’s best private bank by Professional Wealth Management and The Banker magazines, publications of the Financial Times Group. Northern Trust Wealth Management is a leading provider of services to affluent individuals, family offices and business owners, with US$242 billion in assets under management.
SIB Enters Alternative Lending Market with LendingCrowd
- 8 years 7 months ago
- Alternative Finance
LendingCrowd, one of the UK’s fastest-growing alternative finance lenders to the SME market, has partnered with the Scottish Investment Bank (SIB), the investment arm of Scottish Enterprise, in an initiative that will see £2.75 million invested in Scottish SMEs across the LendingCrowd platform. It is expected that the move will stimulate loans of up to £35 million for SMEs while leveraging significant private sector investment.
Path Solutions Named Best Islamic Technology Provider for the Tenth Time
- 8 years 7 months ago
- Islamic Finance
For the tenth time Path Solutions has won the category of ‘Best Islamic Technology Provider’ in the 2016 Islamic Finance news (IFN) Service Providers Poll conducted by Malaysia-based RedMoney Group. More than 55 percent of readers have endorsed their satisfaction in using iMAL Islamic core banking system from Path Solutions, which this year celebrates its 25th birthday.
Intesa Sanpaolo Opts for Bolero ePresentation to Open Up New Frontier in Italian Trade Finance
- 8 years 7 months ago
- Trade Finance, Banking
Intesa Sanpaolo, the leading Italian banking group, has used Bolero’s ePresentation to become the first nationwide Italian bank to issue an electronic import documentary credit, breaking new ground in digitisation of the country’s trade. This pioneering use of an electronic trade instrument slashed the time it took to administer a transaction involving a major Italian thermoplastics company and its Indian supplier and was introduced by the... more
