Allica Bank Launches Fixed Rates to Support SMEs Following Base Rate Uncertainty
- 3 years 4 months ago
- Banking
Allica Bank – the fintech challenger bank dedicated to empowering Britain’s established small and medium sized businesses – has today announced the addition of fixed rate commercial mortgages to its portfolio of SME lending products. The bank says it has received heightened demand from SMEs and its broker panel for mortgages with a fixed rate amid increasing uncertainty following the Bank of England’s decision to increase its Base Rate and... more
Shufti Pro Partners with Banxy to Create a Seamless Customer Onboarding Experience
IDV provider Shufti Pro today announced that it has entered into a strategic partnership with the mobile bank, Banxy, to offer seamless customer onboarding. UK-based Shufti Pro, an innovator in identity verification solutions, today announced that it has entered into a strategic partnership with the leading Algerian mobile bank, Banxy, to provide a frictionless and secure onboarding experience for new and existing clients.
Mirabaud Launches Digital Transformation Programme and Chooses Temenos & Wealth Dynamix for Its Bespoke Wealth Management Services
- 3 years 4 months ago
- Banking
Mirabaud is proud to announce the launching of the largest project the bank has ever embarked on, pushing ahead its highly regarded entrepreneurial and passionate team to the next level of client servicing thanks to the adoption of enhanced digital front and back-office capabilities. Starting in Spring of 2022, Temenos (SIX: TEMN) and Wealth Dynamix will be supporting Mirabaud’s move from traditional on-premise systems to deliver a digital end-... more
FCA Review Finds Weaknesses in Challenger Banks’ Financial Crime Controls
- 3 years 4 months ago
- Banking
A recent review conducted by the Financial Conduct Authority (FCA), and published online today, has found that some challenger banks have significant weaknesses within their financial crime controls, and need to improve how they assess financial crime risk.
22/04 – Weekly Fintech Recap
- 3 years 4 months ago
- Blockchain, Digital banking, E-Commerce, Open Banking, Payments, Banking, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships Citi Collaborates with Ebanx in Latin America
Citi Collaborates with Ebanx in Latin America
- 3 years 4 months ago
- Banking, IT Innovations
Citi's Treasury and Trade Solutions (TTS) announced a contract with global payment processor Ebanx to provide an end-to-end digital collection solution (eCommerce) for Citi's institutional clients in Latin America. Citi's clients will be able to accept over 100 consumer payment alternatives online in 11 countries (Argentina, Colombia, Costa Rica, Ecuador, Dominican Republic, El Salvador, Guatemala, Panama, Paragu
Citi Introduces Recycled Plastic for Corporate Cards
- 3 years 4 months ago
- Banking
Citi has announced that it has introduced Recycled PVC (rPVC) for its corporate cards. The rollout will start in the Europe, Middle East, and Africa (EMEA) region, before being distributed globally.
Finastra Appoints Isabel Fernandez to Accelerate Lending Business Growth
- 3 years 4 months ago
- Banking, People Moves
Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit Finastra today announced the appointment of Isabel Fernandez, a highly regarded senior banking and technology executive, to the role of EVP for the company’s Lending Business Unit, effective May 2022.
Banca Sella Goes into Partnership with Fintech Fido
- 3 years 4 months ago
- Artificial Intelligence, Banking
Speeding up the opening of an online-current account, significantly reducing execution time and manual control activities thanks to an Artificial Intelligence-based algorithm. That is the goal of Banca Sella, thanks to the partnership signed with the Italian fintech Fido, which will simplify the onboarding of customers by ensuring effectiveness, quickness and security of the process.
Fintech Dreams Bolsters Customer Acquisition and International Expansion Strategy with 3 New Senior Hires
- 3 years 4 months ago
- Banking
Dreams (www.dreamstech.com), the financial wellbeing platform and leader in engagement banking solutions today announces the appointment of Russell Prince-Wright, Jason Curtis and Peter Hedlund, to join Dreams’ senior management team as Regional Directors and drive the company’s B2B expansion.
Fintech CEO: EU Comments on CBDC Illustrates Privacy Concerns
- 3 years 4 months ago
- Banking
Early reports about the public comments emerging from the European Commission’s public consultation of its digital euro initiative are in. More than 11,000 messages, mostly negative, have been submitted over the past two weeks. Almost two months remain for feedback submissions. Last year’s public comment period on the digital euro received less than nine thousand responses over the full course of the consultation. The plurality of respondents... more
Modern Market Manipulation and Massive Destruction: New VMware Report Finds Cybercriminals Increasingly Targeting Financial Industry
- 3 years 4 months ago
- Banking
Fifth annual Modern Bank Heists report highlights a drastic increase in destructive attacks and ransomware, as financial leaders grapple with more aggressive, sophisticated attack methods
Singtel Partners UOBand ADDX on Largest Foreign Currency Digital Bond in Singapore
- 3 years 4 months ago
- Banking
Singtel’s first digital sustainability-linked bond reaffirms the Group’s commitment to sustainability and support the digitalisation of the financial ecosystem Singtel, as part of its commitment to support sustainability and the digitalisation of the financial ecosystem, today announced the successful pricing of Singapore’s largest foreign currency digital bond.
Higo Bank Upgrades to TORA Execution Management System for Advanced Equities Trading
- 3 years 4 months ago
- Trading Systems, Management, Banking
TORA, provider of the industry’s most advanced order and execution management system (OEMS), today announced that Higo bank has selected TORA to upgrade their electronic trading operations.
Finastra Teams Up With EcoTree to Provide a Green Offering for Banks on the Journey to Net-zero Emissions
- 3 years 4 months ago
- Banking
Finastra today announced that it has teamed up with EcoTree, a specialized forestry company focused on carbon removal and biodiversity preservation through tree planting and sustainable forestry management. The initiative provides Finastra customers the opportunity to remove the carbon footprint associated with both the running and implementation of technological solutions, an important step as banks and financial institutions move towards net-... more
