Vericast Introduces Unique Solution Connecting Consumers with Banking Products
- 3 years 9 months ago
- Banking
Vericast, a leading marketing solutions company, together with its
4 Unique Startup Financing Strategies
- 3 years 9 months ago
- Banking
Millions of startups are launched every year, but only a fraction of those enterprises are ever successful. The primary factor in these failures is the lack of proper funding. You may have a winning idea for a business, but if you don’t have the money to build capital that will get your company going, you may find yourself quickly out of business.
LIBF Offering Scholarships to Fintech Women
- 3 years 9 months ago
- Banking
The London Institute of Banking & Finance (LIBF), in partnership with Fintech Diversity Radar, is offering five scholarships to promote gender diversity in fintech and digital banking. Scholarships to study on LIBF’s next Certified Fintech Practitioner (CFP) course will be offered to five women already working in fintech, digital banking or the wider financial services sector. Available as a fee waiver for the course, each scholarship is... more
Nationwide Partners with Form3 to Underpin Future Payments Strategy
Nationwide, the world’s largest building society, has partnered with leading technology provider Form3 and will be connecting to their cloud-native payments platform to simplify and reinforce the Society’s payments infrastructure. In August 2020, Nationwide was one of the first financial services providers in the UK to invest in Form3 via its Ventures Fund, recognising the potential of their platform. Now the organisation will become one of the... more
Commerzbank Streamlines Capital Markets Business
- 3 years 9 months ago
- Banking
Commerzbank will be cooperating with the Franco-German financial services group ODDO BHF in the area of equities. As part of its Strategy 2024, Commerzbank has announced that it will be reviewing the possibility of cooperation with potential partners for the areas of equity trading and equity research. The aim is to become more efficient and to offer Corporate Clients an even better platform for placement of their shares. “This cooperation means... more
Banking Circle Joins P27 Initiative as a Front-runner Bank to Support Consolidation of Currently Fragmented Nordics Payments Ecosystem
- 3 years 9 months ago
- Banking
Global financial infrastructure provider, Banking Circle, has joined the P27 Nordic payment initiative as a front-runner bank in creating bulk-clearing for the Danish Krone, underlining its commitment to building a global payments infrastructure. P27 has been acknowledged as a vital initiative to address the disparate clearing systems currently operating across the Nordic region. Banking Circle sees its membership of P27 as a crucial piece in... more
Spectrum Markets Launches SERIXTM Investor Sentiment Indicator
Spectrum Markets, the pan-European trading venue for securitised derivatives, announced that 54.4 million securitised derivatives were traded on its exchange in April, with 36% of trades happening outside of traditional hours (i.e. between 17:30 and 9:00 CET). 82.9% of all securitised derivatives traded was on indices, 11.8% on currency pairs and 5.3% on commodities. The top three traded underlying markets were DAX (23.1%), OMX 30 (23%) and S... more
illimity Q1 +180% and €12.6m Net Profit
- 3 years 9 months ago
- Banking
Chaired by Rosalba Casiraghi, the Board of Directors of illimity Bank S.p.A. (“illimity” or the “Bank”) yesterday approved the illimity Group’s results at 31 March 2021.
Digital Banking Provider Ohpen Announces Global Partnership with Aspire Systems
- 3 years 9 months ago
- Banking, Core Banking, Cloud
Today, Ohpen, the digital banking company, announces it has partnered with global technology services firm, Aspire Systems, to allow its clients to benefit from Aspire’s implementation services. This move gives Ohpen the freedom to innovate with clients, whilst continuing to provide high-quality implementation services. This partnership begins with a focus on the UK market, followed by a gradual global expansion.
South Africa’s Largest Fund Administrator Goes Live with Temenos
- 3 years 9 months ago
- Investment, Banking, Core Banking
Temenos (SIX: TEMN), the banking software company, today announced that Curo Fund Services, South Africa’s largest third-party administrator, has gone live with Temenos Multifonds Global Accounting platform, completing the first phase migration of funds from its five legacy systems to a single instance of Temenos’ award-winning funds administration platform.
Amidst Pandemic, PayNearby Aadhaar ATMs See a Surge in Withdrawals and Crosses Rs. 40,000 Cr in FY 20-21
- 3 years 9 months ago
- Payments, Banking, Financial, Non-Financials
PayNearby, India’s leading branchless banking and digital payments network today announced that it has recorded Gross Transaction Value (GTV) worth Rs. 54,000 Crores in FY 20-21, with an exit month GTV 32% higher than the average monthly GTV booked in FY 19-20. The company generated ~Rs. 290 Crores of revenue for its retail partners and about ~Rs. 40 Crores of fee for its banking partners in the same financial year.
Tonik Raises US$17M in Pre-Series B Funding
- 3 years 9 months ago
- Payments, Banking, Online Banking
Tonik, the first neobank in the Philippines, announced today that it raised US$17M in Pre-Series B funding. The round comes on the heels of Tonik’s highly successful public launch in March 2021, which saw it secure over 1 billion pesos (US$20M) in retail deposits in under 1 month - a historical record for any new bank launching in the Philippines.
Commerzbank Research Economic Outlook: Finally More Growth in Germany and the Eurozone
- 3 years 9 months ago
- Banking
Economists at Commerzbank have raised their 2021 growth forecast for Germany from 3.5% to 4.0%. They expect a strong economic recovery more than ever. “The peak of the pandemic seems to be behind us. More and more counties are loosening restrictions. The rapid pace of vaccinations indicates this as well”, said Chief Economist Dr Jörg Krämer. That means public life in Germany will gradually return to normal.
Deeper Partnerships Between Banks and Fintechs will Transform Personal Finance According to new Monevo Report
- 3 years 9 months ago
- Banking, Infrastructure
Monevo, the market leading personal credit platform & API, has released an independent report on UK Banks and Fintechs setting out the business case for developing closer partnerships and defining exactly how customers are set to benefit.
Gresham Adds to North America Sales Team to Meet Growing Demand
- 3 years 9 months ago
- Management, Payments, Banking, Data
Leading global fintech Gresham Technologies plc (Gresham) that specialises in providing solutions for data integrity and control, banking integration, and payments and cash management, today announced that it has appointed Marc Cavell to spearhead business development across North America.
