Financial wellbeing startup Dreams announces its first enterprise partnership with banking software provider Silverlake Symmetri
- 5 years 11 months ago
- Personal Finance, Banking
Dreams (www.getdreams.com), the Stockholm-born fintech empowering millennials to save and feel better about their money, today announces a strategic partnership with Silverlake Symmetri, a wholly-owned subsidiary of Silverlake Axis Ltd (SAL), which provides software solutions and services to the Banking, Insurance, Retail, Government, Payment and Logistics industries.
Life in Lockdown: Record numbers go online for essentials and experiences
Online shopping has outstripped all other forms of spending over the past month, with more than half of UK shoppers (57 per cent) saying they are shopping online more than ever and record numbers signing up to virtual experiences like home fitness classes, TV and film subscriptions and online learning during lockdown.
Tide to deliver critical support to small businesses through Bounce Back Loan Scheme
- 5 years 11 months ago
- Banking
Tide Capital, the credit subsidiary of Tide, the UK’s leading business banking platform, has been accredited by the British Business Bank as a lender under the Bounce Back Loan Scheme (BBLS). This will allow the platform to offer term loans of between £2k and £50k to small businesses that are struggling financially as a result of the coronavirus crisis. As has been the case with other lenders accredited to deliver the BBLS, Tide is now working... more
ICS Financial Systems named as Best Islamic Banking & Finance Technology Provider at 2020 Islamic Finance Awards
- 5 years 11 months ago
- Banking, Islamic Finance
The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Technology Provider as part of its Islamic Finance Awards. The Islamic banking sector has been growing rapidly in recent times and it is certainly an area of the market that ICSFS has been supporting through its Shari’a compliant solutions.
Aegean Baltic Bank of Greece Selects Wolters Kluwer to Provide Integrated Risk and Regulatory Reporting Solution
- 5 years 11 months ago
- Banking
Aegean Baltic Bank of Greece (ABB) has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting and OneSumX for Risk Management as its integrated risk and regulatory reporting software solution, helping the bank to meet its Basel IV and CRD V obligations.
Barwick Banking Company is the latest bank to select Finastra’s Fusion Phoenix core
- 5 years 11 months ago
- Banking
Finastra announced that Barwick Banking Company (Barwick Bank) is the latest community-facing financial institution to choose Fusion Phoenix core to help transform it into a modern, digitally-enabled institution.
FinecoBank launches free trading on equity CFDs
- 5 years 11 months ago
- Equities Trading, Banking
FinecoBank today announces the launch of zero-commission trading, with no added spreads, on thousands of equity CFDs. With the new business model, the European-headquartered bank is offering commission-free trading at a premium level in the UK market, reaching beyond existing platforms to cater for professional and serious traders. The offering will provide customers trading at the same price as the stock exchange, with no spread, commission or... more
Penta opens its digital business banking platform for every type of business
- 5 years 11 months ago
- Banking
Digital business banking for everyone - as of today, Penta also offers its product and services to solo self-employed people. The digital platform for business banking is thus expanding its target group and taking a broader positioning in the market .
Citi's digital channels play a pivotal role in client contingency situations
- 5 years 11 months ago
- Banking, Security, Compliance
Citi’s Treasury and Trade Solutions (TTS) has expanded the reach of the CitiDirect BE® Digital Onboarding platform, making it available in 37 countries and five languages. Additionally, usage across all client-facing digital channels has dramatically grown over the first quarter of 2020, as clients switch to continuity-of-business (COB) modes, with remote work during the pandemic.
US SMBs are underserved by banks: 11:FS research reveals service gaps and market opportunities
- 5 years 11 months ago
- Banking
11:FS, the challenger firm defining and building truly digital financial services, today announced new research, “Designing digital financial services that work for US SMBs" which identifies the current service gaps and opportunities for truly digital services to support small businesses across the United States.
British Business Bank announces new lenders under the Bounce Back Loan Scheme for Smaller Businesses
- 5 years 11 months ago
- Banking
Today the British Business Bank has announced that it has approved two new lenders for accreditation under the Bounce Bank Loan Scheme. The scheme is intended to target small and micro businesses in all sectors[1], with loans from £2k up to 25% of the business’ turnover with a maximum loan of £50k.
Tinkoff reports 1Q '20 results, announces 2nd 2020 interim dividend
- 5 years 11 months ago
- Banking
TCS Group Holding PLC (LI: TCS, MOEX: TCSG) (“Tinkoff”, “We”, the "Group", the “Company”), Russia's leading provider of online financial and lifestyle services via its Tinkoff ecosystem, today announces its interim condensed consolidated IFRS results for the three months ended 31 March 2020. Oliver Hughes, CEO of Tinkoff Group, commented:
Salt Edge streamlines the PSD2 onboarding with banks to save TPPs thousands of work hours
- 5 years 11 months ago
- Banking
Salt Edge announced the release of a new feature that allows third party providers (TPPs) to register quicker with the desired banks’ PSD2 channels in the whole of Europe. Dynamic registration aims to save TPPs thousands of man-hours on onboarding with banks.
Al Baraka Bank Sudan transforms into an intelligent bank with iMAL*BI
- 5 years 11 months ago
- Banking, Islamic Finance
Path Solutions, the market-leading provider of Sharia-compliant digital solutions to the financial services industry, today announces that Al Baraka Bank Sudan (“BBS”), a subsidiary of the strategic Bahraini multinational banking corporation Al Baraka Banking Group, has successfully completed the implementation of its new Business Intelligence solution on March 13th.
Judo Bank joins elite unicorn club
- 5 years 11 months ago
- Banking
Judo Bank has raised $230 million in fresh equity at a post-money valuation north of $1 billion, lifting it into an exclusive club of local unicorns and showing the support of existing investors despite the risks COVID-19 present to business banking.
