Yolt announces API connection with American Express
Yolt, the smart thinking money app, has today announced a new API connection with American Express. The connection means that Yolt users with an American Express card can now see their spending and balance directly within the Yolt app, alongside their other current accounts, savings, credit cards pensions and other investments.
COVID-19 to be Watershed Moment for Digital Banking, Marqeta Predicts
Global modern card issuing platform provider, Marqeta, predicts that the current COVID-19 crisis could create a ripple effect that will change the face of banking forever. With many branches closing or moving to restricted hours, an increasing number of the older generation – many of whom have not used them before – are now turning to digital banking and payment solutions to avoid leaving the house. Marqeta believes this shift could represent a... more
TransLink.iQ and Ingenico terminals for Azer Turk Bank
The Azerbaijani state-owned bank Azer Turk Bank has procured a TransLink.iQ solution for EFTPOS networks monitoring and managing, developed by Lithuanian company ASHBURN International. The company also provided the bank with the country's first payment terminals manufactured by Ingenico.
World Fintech Report calls for closer bank-fintech collaboration
- 4 years 10 months ago
- Banking, Infrastructure
Capgemini and
Yolt announces API connection with Nutmeg
Yolt, the smart thinking money app, has today announced a new API connection with Nutmeg, the digital wealth and investment manager. The connection means that Yolt users with a Nutmeg investment account can now see their portfolios directly within the Yolt app, alongside their other current accounts, savings, credit cards, pensions, and other investments. Yolt users can analyse all their transactions across their accounts, plan budgets, monitor... more
European Fintech Curve discovers innovative way to help customers free up more cash during lockdown
Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, now allows customers to move past payments onto a different card for up to 90 days after the payment has been made.
Cloud-computing solutions can help significantly to reduce banking costs in Africa
More than 700 million Africans lack access to a bank or mobile money account and only 41% of Africans are financially included. This is due to the high cost of providing financial services in Africa which forces many financial services providers to remain focused on serving wealthier customers.
Yemen’s Fastest Growing Bank Selects Temenos
- 4 years 10 months ago
- Open Banking, Banking
Temenos (SIX: TEMN), the banking software company, today announced that Yemen-based, Al Kuraimi Islamic Bank (KIB), has selected Temenos Infinity and Temenos Transact to replace its legacy IT systems and deploy a single, cloud-native, cloud-agnostic digital banking platform to underpin its banking operations. KIB is one of the Yemen’s top 5 banks, with 1.2 million customers and it aims to reach 5 million customers by 2023.
Jumhouria Bank of Libya goes live on SmartStream for reconciling payments
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced that Jumhouria Bank, the biggest bank in Libya, has successfully gone live on SmartStream’s solution for the reconciliations of cash payments - the first of a two phase implementatio
Promentor Finans Taps LeanDev's Banking Platform
- 4 years 10 months ago
- Banking
The fast-growing credit market company Promentor Finans expands its business and offers private individuals and companies savings accounts with a state deposit guarantee.
Low-code technology boosts the growth of specialist bank
- 4 years 10 months ago
- Banking, Infrastructure
Hampshire Trust Bank (HTB) is a digitally-focussed specialist bank staffed by experts that enable UK businesses to realise their ambitions. Primary operations include development finance, specialist mortgages and specialist business finance (including wholesale, block-discounting, structured asset finance and classic cars). HTB also provides award-winning savings accounts to individuals and businesses. With an ambitious growth target in mind,... more
Coronavirus Large Business Interruption Loan Scheme to Open on Monday
The Chancellor of the Exchequer today announced details of the Coronavirus Large Business Interruption Loan Scheme (CLBILS). Delivered by lenders accredited by the British Business Bank, the new scheme provides finance to mid-sized and larger UK businesses with turnover above £45m (the upper limit for the existing smaller-business focused CBILS).
ADIB is the first Islamic Bank to use Blockchain technology for trade distribution
- 4 years 10 months ago
- Blockchain, Islamic Finance
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first Islamic bank to successfully execute trade finance distribution transactions using Blockchain technology. The cross-border transactions, which were completed with multiple based banks, were made possible through ADIB's partnership with TradeAssets, a trade finance e-marketplace powered by Blockchain technology to help digitize the traditional processes... more
Funding Circle Accredited Under the Coronavirus Business Interruption Loan Scheme
Funding Circle, the small business loans platform, has today been approved for accreditation by the British Business Bank under the Coronavirus Business Interruption Loan Scheme (CBILS), term loan variant. Funding Circle expects to open CBILS applications within the next week once it has completed the required legal and operational approvals with the Bank.
Sopra Banking Software Releases Cassiopae V4.7 as Scheduled
- 4 years 10 months ago
- Alternative Finance
Sopra Banking Software released on March 31 Cassiopae V4.7, a leasing and lending application, which is part of the company’s Sopra Financing Platform. The company met the ambitious release date announced ten months ago. The new release, Cassiopae V4.7, includes an enhanced digital portal for dealers and merchants, credit card processing via electronic payment partners, revolving credit for individuals, and improvements in the management of real... more
