Wise Joins Temenos MarketPlace to Bring Fast, Low-Cost International Money Transfers to Banks Worldwide
- 3 years 9 months ago
- Investment, Banking
Temenos, the banking software company, today announced that Wise (formerly TransferWise), the global technology company on a mission to make money work without borders, is now live on Temenos MarketPlace.
NatWest Launches Peer to Peer Coaching for all SMEs Across the UK to Help Their Businesses Scale
- 3 years 9 months ago
- Banking
As part of its activity to support Scale Up Week (18 – 21 May), NatWest has today launched a new flagship programme open to all SMEs across the UK, to help their business grow throughout 2021. Each year a specialised team of NatWest’s Acceleration Managers will host over 200 sessions across the UK, helping 1,400 businesses to scale up.
Modularbank partners with Veriff, adding Identity Verification & KYC Capabilities to its Product Ecosystem
- 3 years 9 months ago
- Banking
Modularbank, the next-generation core banking platform, today announced a new partnership with AI-powered identity verification software provider Veriff. Veriff’s industry-leading compliance and KYC offering will be added to Modularbank’s product ecosystem as a ready-to-integrate, ‘plug and play' solution.
Deutsche Bank Signs Global Partnership with Payments Technology Provider Silverflow
Deutsche Bank and Silverflow have announced a global partnership to support the bank’s payments strategy. The partnership will include two new payment services, which are expected to launch in Autumn 2021.
Glenhawk selects Finastra’s Fusion Essence Cloud to drive customer engagement
Finastra today announced that UK-based property finance specialist, Glenhawk, has selected Fusion Essence Cloud, its next-generation banking solution, to support its growing lending business, by maximizing the operational efficiency of the loan approval and completion process.
first direct Enriches Transactions with Bud
- 3 years 9 months ago
- Banking
first direct has introduced a new transaction details feature on its mobile banking app, making it easier for customers to understand their spending, reducing confusion relating to unrecognised transactions. HSBC announced a three-year global partnership with Bud back in 2019, and this announcement marks the integration of Bud’s data enrichment capabilities into first direct’s mobile app
Klarna Launches #WhyPayInterest Campaign, Highlighting Britain’s Broken Credit Model
- 3 years 9 months ago
- Banking
Klarna, the leading global banking, payments and shopping service, has today launched a major new nationwide campaign titled #WhyPayInterest. The campaign, which runs across OOH, online, on social media and in print, highlights the difference between buy now pay later products and traditional credit cards in the UK.
ALGBRA TO DELIVER FINANCE FOR UNBANKED MINORITY COMMUNITIES GLOBALLY
- 3 years 9 months ago
- Banking
Algbra, a sustainable and values-focused digital finance provider dedicated to bringing an end to community and ethnicity based financial inequality has launched. Founded by Chief Executive Zeiad Idris and Chief Operating Officer Fizel Nejabat, the firm’s mission is to educate, engage and empower overlooked minority communities and facilitate their ability to take control of their finances. Algbra has raised £3.75m in fundraising and is backed... more
Amount — One of the Fastest Growing FinTech Players Worldwide — Reaches $1B Unicorn Status
- 3 years 9 months ago
- Banking, FinTech StartUps
Amount, a leading technology provider for financial institutions, today announced it has closed a Series D capital raise, bringing in nearly $100 million of additional primary equity capital from WestCap, a growth equity firm founded by Laurence Tosi, Hanaco Ventures, Goldman Sachs, Invus Opportunities and
Overall Digital Transactions are Increasing but Cash Remains Strong Due to Ease of Payments
- 3 years 9 months ago
- Banking, Core Banking, PaaS, Technical
The second wave of the pandemic has had a significant impact on the handling and management of cash. This has in turn brought about substantial shift in behavioural patterns among the masses however cash still remains strong. –
Mauritanian Bank for International Trade Launches Digital Bank, Masrvi, Powered by TagPay
- 3 years 9 months ago
- Trading Systems, Core Banking
The Mauritanian Bank for International Trade (BMCI) (www.BMCI.mr) has partnered with TagPay to roll out its digital bank Masrvi, aimed at providing digital, value-added financial services to its customers.
Atom Bank Starts Lending Under the Recovery Loan Scheme
- 3 years 9 months ago
- Banking
Following accreditation by the British Business Bank, Atom has today started to offer quotes on its award winning secured lending products under the Recovery Loan Scheme (RLS). Having been one of the leading providers of broker-led secured lending to new and existing customers under the Coronavirus Business Interruption Loan Scheme (CBILS), Atom’s accreditation for RLS confirms the bank’s continuing support for businesses across the UK.
Yolt Technology Services (YTS) Launches Open Banking-Powered Tool to Revolutionise Affordability Checks
- 3 years 9 months ago
- Open Banking, Banking
Yolt Technology Services (YTS), the leading open banking provider, has today launched their Cashflow Analyser tool, a solution powered by its Account Information Services (AIS) that gives credit underwriters deeper insights into the cashflow of credit applicants and customers to streamline and simplify affordability assessment processes.
Atom Bank Starts Lending Under the Recovery Loan Scheme
- 3 years 9 months ago
- Banking
Following accreditation by the British Business Bank, Atom has today started to offer quotes on its award winning secured lending products under the Recovery Loan Scheme (RLS). Having been one of the leading providers of broker-led secured lending to new and existing customers under the Coronavirus Business Interruption Loan Scheme (CBILS), Atom’s accreditation for RLS confirms the bank’s continuing support for businesses across the UK.
Almost a Third of SME Leaders Optimistic About Restrictions Lifting in June, But Fearful of Future Lockdowns
- 3 years 9 months ago
- Banking
As we enter the next phase out of lockdown, research from Nucleus Commercial Finance reveals nearly a third (31%) of SME leaders are optimistic about all restrictions lifting on June 21st, however they also fear future lockdowns and the impact this will have on their business.
