Removing friction from KYC compliance to deliver faster, compliant customer journeys
Facebook-owned platforms’ global outage last week hinders its plans to launch fintech services.
Temenos Selected by Green Dot to Help Build and Power the Digital Bank and Fintech’s Cloud-based Processing Platform
The Temenos Banking Cloud will enable greater features, functionality and scalability on a more streamlined, secure platform for Green Dot’s direct and banking platform services’ customers
Evolve Bank & Trust ("Evolve") announced it has appointed Monica Wharton to its Board of Directors. Wharton has an extensive track record of achievement and leadership excellence serving as a senior healthcare executive since 2008. She is currently the Executive Vice President and Chief Administrative Officer for Methodist LeBonheur Healthcare, Memphis, Tennessee.
Fintech Startup Fills Gaps Left by the Traditional Financial System CapWay, Inc., a financial technology startup based in Atlanta, has announced the launch of its neobank, the core service in its financial system of inclusive products and services. With a CapWay Money Account and CapWay Visa (virtual and physical) debit card, benefits include the ability to make online transactions, send and receive money, and round-up change per transaction to... more
The world’s premier financial services conference, Sibos 2021, takes place on October 11-14. David Rafalovsky, Sberbank executive vice president, Sber CTO, and head of Technology, participated in this year’s event. He held a conversation about how Sber transformed from a financial institution into a tech company.
BCS Global Markets Appoints Julien Mareschal as Chief Risk Officer of its UK entity, BCS Prime Brokerage Ltd (BCS UK)
BCS Global Markets (“BCS GM”), the investment banking services division of Russia’s largest independent broker, has appointed Julien Mareschal as a new Chief Risk Officer at BCS UK.
National Funding Announces the Upsize of Their Bank Credit Facility and the Issuance of Corporate Notes
- 12.10.2021 01:30 pm
National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced the recent renewal and upsize of a $60.0 million senior secured warehouse line of credit. The facility, which includes an accordion to expand to $75.0 million, was provided by a prominent U.S.-based commercial bank. The facility will continue to be used by the Company to fund new originations and support additional... more
· Danske Bank, Denmark’s leading bank, supported by Nets, will bring Dankort to Apple Pay · Dankort is the preferred means of payment for Danish consumers and accounts for the largest number of card transactions in the country
Basler Kantonalbank and Bank Cler Committed to Providing Seamless end-to-end Digital Client Experience with Avaloq
- 12.10.2021 11:15 am
The two banks are expanding their long-standing partnership with Avaloq by moving their respective web and mobile banking solutions to Avaloq’s Engage platform.
A rapidly growing roster of investment banks who serve the dynamic middle market are turning to CapLinked’s software platform to securely share information and manage transaction workflow
- 11.10.2021 02:00 pm
- The service is available to Airtel Money customers, Terms and Conditions apply Airtel Tanzania, in partnership with I&M Bank Tanzania, has today launched an overdraft mobile money service that will enable customers to complete their transactions seamlessly without sufficient funds in their Airtel Money wallets, subject to terms and conditions.
Shawbrook Extends Development Finance Facilities Into Retirement and Care Home Sector With £12.5m Funding for New Extra Care Retirement Apartments in Derby
Torsion Care (Derby) Devco Ltd is set to complete a new development of 64 retirement apartments, with a £12.5m development finance solution provided by Shawbrook Bank. Founded in 2015 by Dan Spencer, Torsion Developments operates across a range of property sectors, including student and residential. Martin Hutson joined with Dan in 2018 to establish Torsion Care, with a focus on the growing demand for stylish and practical retirement housing for... more
New Salt Edge and Supernovae Labs Partnership Set to Boost-up Italian Financial Landscape via Open Banking
Supernovae Labs, the first fintech accelerator in Italy dedicated to banks and financial institutions, joined forces with Salt Edge, open banking pioneer, to provide Italian financial institutions and third-party providers a much more secure and reliable way of aggregating bank data and initiating payments powered by PSD2.
Mbanq Signs with Temenos to Launch World’s First Credit Union-as-a-Service and Accelerate Banking-as-a-Service in US Market
Temenos partners with Silicon Valley-based Mbanq to power innovative Credit Union-as-a-Service (CUaaS) offering for US Credit Unions, a market estimated at $3.6bn annually Mbanq’s CUaaS, powered by The Temenos Banking Cloud, enables Credit Unions to gain faster time to market with cutting-edge digital financial services for members at a reduced total cost of ownership