Banks Racing to Meet Consumer Demand for Embedded Finance
- 2 years 11 months ago
- Core Banking
New research from Tuum finds soaring consumer demand for finance services like loans, BNPL and insurance - if made easily available at checkout · Insurance on items like holidays or mobile phones (44%), ‘buy now, pay later’ (BNPL) options (41%), and loans on high-value items (34%) top consumer wish lists for embedded finance.
Winvesta Launches Multi-Currency Payment Collections for Exporters and Freelancers
- 2 years 11 months ago
- Wealth Management, Banking
This additional offering will help provide Indian exporters with an alternative payment gateway offering and reduce export costs by up to 8%
US Challenger Battle Financial, Inc. Selects Temenos Banking Cloud
Battle Financial, Inc. chooses Temenos core banking and payments to offer deposits, FX and precious metals accounts
Dimon says Growing Competition is Weakening Banks’ Financial Roles
In his annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon warned that incumbent banks are grappling with a “diminishing role” in the global financial system, largely due to outside competition.
Moody's - Ukraine Crisis Raises Risks for Financial Institutions
- 2 years 11 months ago
- Banking, Risk Management
» Financial firms face increased risks via four main channels: commodity price shocks; business disruption; liquidity tightening and market volatility; and security and operational risks » Banks in the Baltics and in the Commonwealth of Independent States are most exposed to spillover effects from the military conflict and have limited buffers to absorb the impact if it is prolonged
Citi Extends Trade Product Offerings with the Launch of Sustainable Trade and Working Capital Loans Solution
- 2 years 11 months ago
- Banking
New solution assists clients with their working capital needs whilst also supporting their sustainability goals Citi has today announced the launch of its Sustainable Trade and Working Capital Loans (Sustainable T&WC Loans) solution in Europe, Middle East and Africa (EMEA), Latin America (LATAM) and Asia Pacific (APAC) regions.
Citi Announces Referral Arrangement with Haball
- 2 years 11 months ago
- Banking
Referral Arrangement to Facilitate Clients’ Real-Time B2B Settlement Citibank N.A. Pakistan (“Citi”) announced today that it has entered into a referral arrangement with Haball Pvt Ltd (“Haball”) providing corporate clients a digital receivables solution which enables real-time reporting and reconciliation.
Coutts and Natwest Launch Accelerator for Gaming and Social Media Entrepreneurs
- 2 years 11 months ago
- Wealth Management, Banking
Coutts and NatWest have launched a programme to help entrepreneurs in the Interactive Entertainment (IE) space build and develop their businesses. Starting in June 2022, the six-month accelerator is aimed at ambitious e-sports, gaming, social media and streaming entrepreneurs across the UK who have recently started a business or are thinking about forming a company.
Alpian Obtains FINMA Banking License and Secures CHF19 Million Series B+ Financing
- 2 years 11 months ago
- Digital banking, Banking, IT Innovations
Alpian SA, an innovative digital private bank, today announced the granting by FINMA of a banking license and a successful CHF19 million Series B+ closing, enabling Alpian to shortly launch to the public in Q3 2022, becoming Switzerland's first digital private bank.
Stocard Joins Klarna and Gets “Smoooth” with All-new Brand Identity
- 2 years 11 months ago
- Payments, Banking, Retail Banking
Following its successful acquisition by Klarna, leading mobile wallet provider Stocard introduces its new look and feel to over 47 million active consumers in 45 markets, adopting Klarna’s award-winning “Smoooth” brand identity across all touchpoints. The rebranding sets the stage for new product synergies between Klarna and Stocard and introduces Klarna’s brand to 1.7 million new consumers in the UK.
Rabobank Counters Growing Ransomware Crisis with Cloudian Object Storage
- 2 years 11 months ago
- Banking, Data Protection
Cloudian® has announced that Rabobank, a multinational banking and financial services company, has deployed Cloudian object storage as part of its multi-layered protection solution against ransomware attacks.
The Prop-tech Platform to Make Life Easier For Real Estate Buyers and Sellers
- 2 years 11 months ago
- Banking
WITH QUIMMO THE ILLIMITY GROUP INTENDS TO BRING THE POWERFUL INNOVATION IT HAS ALREADY BROUGHT TO THE FINANCIAL SERVICES INDUSTRY TO THE REAL ESTATE BROKERAGE SECTOR THE REAL ESTATE BROKERAGE SECTOR HAS GROWN IMMENSELY – THERE ARE CURRENTLY OVER 120 BILLION EURO OF DEALS A YEAR
Pinnacle Bank Makes Mortgage Lending More Efficient and Profitable With SimpleNexus
Community bank leverages Nexus Vision mortgage BI software to inform mortgage process optimization
The Bank of London Appoints Geoff Russell to the United Kingdom Board
- 2 years 11 months ago
- Banking, People Moves
The Bank of London, the next-generation technology company and the world’s first purpose-built global clearing, agency, and transaction bank, today announced the appointment of Geoff Russell as a Non-Executive Director (NED) and Chair of the UK Bank Board Audit Committee (BAC), effective immediately.
Danske Bank Continues Its Efforts to Ensure Compliance With the General Data Protection Rules on Erasure of Customer Data Following the Decision of the Danish Data Protection Agency
- 2 years 11 months ago
- Banking
In 2020, Danske Bank informed the Danish Data Protection Agency (the DPA) that identified instances of personal data were stored for a longer period than necessary.
