Ukrainian IBOX BANK increases the amount of its authorized capital and becomes a second-tier bank
- 2 years 10 months ago
- Banking
The Committee on Supervision and Regulation of Banks and Payment Systems of the National Bank of Ukraine confirmed the implementation of all economic standards by IBOX BANK, which allow the financial institution to become a second-tier bank. This information was published after the approval of the new edition of the charter of IBOX BANK by the National Bank. The charter was updated in connection with the increase of the authorized capital to the... more
Skaleet Partners with Thunes to Expand Cross Border Payments Capabilities for Customers Worldwide
- 2 years 10 months ago
- Core Banking
Skaleet , an international fintech providing a next-generation Core Banking Platform (CBP), announces a partnership with Thunes, the leading global cross border payments provider to complement its existing ecosystem. Skaleet wanted to find a partner that could offer an instant, global payment service to both B2B and B2C customers. With Thunes, Skaleet is now able to offer a wide range of fast, competitive payment services that connect directly... more
Deutsche Bank appoints Atul Jain and Oliver Resovac to head Trade Finance and Lending
- 2 years 10 months ago
- Banking
Deutsche Bank has appointed Atul Jain and Oliver Resovac to jointly head the bank’s Trade Finance and Lending (TF&L) business.
Children’s Financial Literacy App and Leading Dutch Bank Join Forces
- 2 years 10 months ago
- Banking
Children’s financial education app, Gimi, today announces that it has partnered with ABN AMRO, one of the biggest banks in the Netherlands, to help educate young customers about personal finance and provide the
Allica Bank Launches Fixed Rates to Support SMEs Following Base Rate Uncertainty
- 2 years 10 months ago
- Banking
Allica Bank – the fintech challenger bank dedicated to empowering Britain’s established small and medium sized businesses – has today announced the addition of fixed rate commercial mortgages to its portfolio of SME lending products. The bank says it has received heightened demand from SMEs and its broker panel for mortgages with a fixed rate amid increasing uncertainty following the Bank of England’s decision to increase its Base Rate and... more
Shufti Pro Partners with Banxy to Create a Seamless Customer Onboarding Experience
IDV provider Shufti Pro today announced that it has entered into a strategic partnership with the mobile bank, Banxy, to offer seamless customer onboarding. UK-based Shufti Pro, an innovator in identity verification solutions, today announced that it has entered into a strategic partnership with the leading Algerian mobile bank, Banxy, to provide a frictionless and secure onboarding experience for new and existing clients.
Mirabaud Launches Digital Transformation Programme and Chooses Temenos & Wealth Dynamix for Its Bespoke Wealth Management Services
- 2 years 10 months ago
- Banking
Mirabaud is proud to announce the launching of the largest project the bank has ever embarked on, pushing ahead its highly regarded entrepreneurial and passionate team to the next level of client servicing thanks to the adoption of enhanced digital front and back-office capabilities. Starting in Spring of 2022, Temenos (SIX: TEMN) and Wealth Dynamix will be supporting Mirabaud’s move from traditional on-premise systems to deliver a digital end-... more
FCA Review Finds Weaknesses in Challenger Banks’ Financial Crime Controls
- 2 years 10 months ago
- Banking
A recent review conducted by the Financial Conduct Authority (FCA), and published online today, has found that some challenger banks have significant weaknesses within their financial crime controls, and need to improve how they assess financial crime risk.
22/04 – Weekly Fintech Recap
- 2 years 10 months ago
- Blockchain, Digital banking, E-Commerce, Open Banking, Payments, Banking, FinTech StartUps, IT Innovations, M&A Deals, People Moves
Partnerships Citi Collaborates with Ebanx in Latin America
Citi Collaborates with Ebanx in Latin America
- 2 years 10 months ago
- Banking, IT Innovations
Citi's Treasury and Trade Solutions (TTS) announced a contract with global payment processor Ebanx to provide an end-to-end digital collection solution (eCommerce) for Citi's institutional clients in Latin America. Citi's clients will be able to accept over 100 consumer payment alternatives online in 11 countries (Argentina, Colombia, Costa Rica, Ecuador, Dominican Republic, El Salvador, Guatemala, Panama, Paragu
Citi Introduces Recycled Plastic for Corporate Cards
- 2 years 10 months ago
- Banking
Citi has announced that it has introduced Recycled PVC (rPVC) for its corporate cards. The rollout will start in the Europe, Middle East, and Africa (EMEA) region, before being distributed globally.
Finastra Appoints Isabel Fernandez to Accelerate Lending Business Growth
- 2 years 10 months ago
- Banking, People Moves
Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit Finastra today announced the appointment of Isabel Fernandez, a highly regarded senior banking and technology executive, to the role of EVP for the company’s Lending Business Unit, effective May 2022.
Banca Sella Goes into Partnership with Fintech Fido
- 2 years 10 months ago
- Artificial Intelligence, Banking
Speeding up the opening of an online-current account, significantly reducing execution time and manual control activities thanks to an Artificial Intelligence-based algorithm. That is the goal of Banca Sella, thanks to the partnership signed with the Italian fintech Fido, which will simplify the onboarding of customers by ensuring effectiveness, quickness and security of the process.
Fintech Dreams Bolsters Customer Acquisition and International Expansion Strategy with 3 New Senior Hires
- 2 years 10 months ago
- Banking
Dreams (www.dreamstech.com), the financial wellbeing platform and leader in engagement banking solutions today announces the appointment of Russell Prince-Wright, Jason Curtis and Peter Hedlund, to join Dreams’ senior management team as Regional Directors and drive the company’s B2B expansion.
Fintech CEO: EU Comments on CBDC Illustrates Privacy Concerns
- 2 years 10 months ago
- Banking
Early reports about the public comments emerging from the European Commission’s public consultation of its digital euro initiative are in. More than 11,000 messages, mostly negative, have been submitted over the past two weeks. Almost two months remain for feedback submissions. Last year’s public comment period on the digital euro received less than nine thousand responses over the full course of the consultation. The plurality of respondents... more
