Nymbus CUSO Secures Landmark $20 Million Investment by VyStar Credit Union
- 3 years 10 months ago
- Banking
NYMBUS®, a leading provider of banking technology solutions, today announced it has completed a significant financing round to advance the development of its new credit union service organization (CUSO), Nymbus CUSO.
Burrow launches a Digital Mortgage Platform with Client Portal and Retention Marketing solutions for Intermediaries and is piloting with over 30 brokerages.
- 3 years 10 months ago
- Core Banking, SaaS
Burrow has today announced that it is expanding its API-led Digital Mortgage Platform to include 2 powerful modules developed for mortgage brokers - an intuitive Client Portal and smart Retention Marketing.
GoCardless Launches Open Banking Payments, Offering Businesses a New Alternative to Taking One-off Payments
- 3 years 10 months ago
- Open Banking, Payments, Banking
GoCardless, a leading fintech for bank-to-bank payments, has today launched Instant Bank Pay, a new open banking feature directly integrated into its global payment platform. With Instant Bank Pay, merchants can take instant, one-off bank-to-bank payments from new and existing customers while still reaping the benefits of bank debit for their recurring payments.
NCB in Vietnam Implements Compass Plus’ TranzAxis to Future-proof its Business
- 3 years 10 months ago
- Banking
To enable it to keep up with its projected business growth, National Commercial Bank (NCB) in Vietnam has migrated its in-house processing centre to TranzAxis, an open development payments platform, from Compass Plus.
Transfers to Tonik Now Available Via PESONet
- 3 years 10 months ago
- Banking, Online Banking
The Philippines’ first neobank Tonik is ramping up the convenient banking features on its game-changing app through tying up with PESONet to enable safe and secure electronic fund transfers to Tonik account from other banks. The announcement 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... more
Finzly CEO Booshan Rengachari Named to U.S. Faster Payments Council’s Board Advisory Group
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced that the company’s CEO and founder, Booshan Rengachari, has been named a new member of the U.S. Faster Payments Council’s Board Advisory Group.
Raiffeisenbank Russia has Deployed AI Smart Engines ID Scanning Technologies for Customer Onboarding
- 3 years 10 months ago
- Artificial Intelligence, Banking
Raiffeisenbank Russia has integrated Smart Engines software for automatic passport recognition. Opening an account in bank branches with Smart ID Engine is now more comfortable with highly precise and fast data extraction. The technical solution based on Smart ID Engine works on-premise, which guarantees personal data security and privacy.
SME Leaders Hopeful of Making Up Lost Revenue Caused by Covid-19 Within a Year
- 3 years 10 months ago
- Banking
SME leaders believe it will take on average 12 months for their businesses to make up for lost revenue caused by the COVID-19 pandemic, according to research revealed today by Nucleus Commercial Finance. Over half a million SMEs (590,000) say it will take between 10-12 months to make up the lost revenue caused by Covid-19 and 1.6 million say between 10 months and two years.1
Mahir Zaimoglu to Join Banking Circle
- 3 years 10 months ago
- Banking, People Moves
Banking Circle, the tech-led licenced bank supporting the cross border flows of Payments businesses and Banks, has announced that Mahir Zaimoglu is joining senior management to, among other areas, assist with the strategic review of monetization options. Mahir joins with more than 20 years of experience in the financial industry, most recently as Managing Director and Head of Financial Sponsors M&A in EMEA for Goldman Sachs. Previously he... more
J.P. Morgan Private Bank Inaugural Report on Businesses Powered by Women Reveals Striking Growth Despite Headwinds Due to Pandemic
- 3 years 10 months ago
- Banking
J.P. Morgan Private Bank today released the results of its first-ever Top 200 Female-Powered Businesses report analysing opportunities and challenges for UK women in businesses.
Bhairav Trivedi, CEO of Crown Agents Bank Comments
- 3 years 10 months ago
- Banking
“In announcing the UK Government’s intentions to explore the use of Central Bank Digital Currencies, the Chancellor has made the most significant step of anyone globally to date, in bringing about mainstream adoption of digital currencies. This is a far cry from the early days of cryptocurrencies, when they were often dismissed for their links to illegal activity.
Bhairav Trivedi, CEO of Crown Agents Bank comments on Central Bank Digital Currencies
“In announcing the UK Government’s intentions to explore the use of Central Bank Digital Currencies, the Chancellor has made the most significant step of anyone globally to date, in bringing about mainstream adoption of digital currencies. This is a far cry from the early days of cryptocurrencies, when they were often dismissed for their links to illegal activity.
Locality Bank IO Partners With NYMBUS to Create & Grow Digital-First De Novo That Empowers Community Businesses
- 3 years 10 months ago
- Banking
NYMBUS®, a leading provider of banking technology solutions, today announced Locality Bank IO has selected Nymbus and its unique GROW model to launch South Florida’s newest digitally-enhanced community bank for se
Things You Must Know Before Applying For A Personal Loan
- 3 years 10 months ago
- Banking
A personal loan allows a customer to borrow a fixed amount of money for various reasons. Many lending institutions like banks, online lenders and credit unions provide personal loans. You can use personal loans according to your wish. For example, you can use it to buy a new car or expand your existing business. Personal loans are a better alternative to credit cards. Personal loans allow flexibility as you have to pay a specific amount of money... more
Yimba and Railsbank Partner to Enhance Digital Wallet Services
Yimba a FAST (Fintech As a Service Technology) company, and
