- 03.12.2021 12:30 pm
Tinkoff has been named Bank of the Year in Russia at the Bank of the Year Awards 2021, organized by The Banker, a leading international finance publication which is part of the Financial Times Group. The award, regarded as the industry standard for banking excellence, highlights those institutions that have stood out among peers in terms of performance, strategic initiatives, and response to the Covid-19 pandemic.
Barclays Reveals Pitfalls of Unregulated BNPL Agreements for Christmas Shoppers, with Two in Five Users Unclear what they’re Signing Up to
36 per cent of ‘buy now pay later’ (BNPL) users do not fully understand the consequences of missing repayments
- 03.12.2021 08:40 am
The analysts at UnaFinancial, a global fintech holding, surveyed current client experience with digital consumer lending services. With the satisfaction rate of the audience being high, the customers are ready to comprehensively master digital finance. The current satisfaction of the survey respondents is very high. 87% said they were definitely/likely satisfied with digital lending services. Half of the customers already use instant transfers,... more
- 02.12.2021 03:45 pm
Business diversification and effective integration of acquired assets enabled the Bank to double its net profit compared with the same period of 2020. Key results:
- 02.12.2021 02:00 pm
Ahead of Small Business Saturday (4th December) data from Tyl by NatWest, an SME payments provider, has shown SME’s transaction values increased by £7.85 on average since the new £100 contactless limit came into effect on October 15th. Analysing data by key seasonal sectors, those in the floristry industry benefited from an average transaction value rise of £19 from £31 to £50. The clothing retail industry saw an average value rise of £6 from £... more
SEBA Bank Launches Cross Asset Platform for Actively Managed Certificates (AMCs) on Crypto and Blend Portfolios through GenTwo Digital’s Securitization Infrastructure
GenTwo Digital and SEBA Bank have strengthened their strategic cooperation as preferred partners. This collaboration of two leaders - recently recognized by LinkedIn as Top Startups 2021 in Switzerland - in the digital asset space provides the market with premium solutions in this emerging asset class Backed by SEBA Bank’s comprehensive asset management expertise, blended AMCs - crypto and traditional - are a new addition to the AMC landscape
- 02.12.2021 08:00 am
New Manhattan office establishes Temenos at the center of banking Temenos, the banking software company, today announced that it has relocated its North American headquarters to the Helmsley Building on Park Avenue in New York City.
SIFMA, ICI and DTCC Lay Out Path to Shorten U.S. Securities Settlement Cycle to T+1 by First Half of 2024
New report details changes market participants need to consider and implement to move to T+1 The Securities Industry and Financial Markets Association (SIFMA), the Investment Company Institute (ICI), and The Depository Trust & Clearing Corporation (DTCC) today published a report targeting the first half of 2024 to shorten the U.S. securities settlement cycle from trade date plus 2 days (T+2) to trade date plus one day (T+1).
SunTec Business Solutions and Mambu Partner to Help Banks Deliver Personalized Pricing and Benefits at Scale
- 01.12.2021 02:15 pm
SunTec’s specialized revenue management solution to integrate with Mambu’s cloud banking platform; allowing banks to orchestrate exceptional customer experiences SunTec Business Solutions and Mambu announced a partnership with plans to integrate its complete revenue management solution with Mambu’s cloud banking platform.
- 01.12.2021 11:55 am
Mortgage fintech business, Knowledge Bank, the UK’s leading criteria search system has today taken a significant investment to help propel its next stage of growth. Angel Investor and entrepreneur Ying Tan was the founder and former CEO of leading mortgage broker Dynamo. He has today acquired a significant stake in Knowledge Bank and will join its board, becoming non-executive chairman.
Confidence: Half of SMEs are confident that customer demand, as well as turnover, will increase in 6 to 12 months, and the majority expect to grow over the next 3 years Investment: 70% of SMEs are planning to ramp up business investment, with a quarter intending to hire staff and upgrade equipment or machinery
London-based RegTech Artesian : DueDil has today announced a solution to one of the most complex challenges impacting banks and financial service institutions. The company is set to launch its new Ultimate Beneficial Owner (UBO) API endpoint, to improve onboarding speed and customer experience, whilst vitally mitigating regulatory, financial, and reputational risk.
New report from Mambu and AWS forecasts embedded finance is worth $3.5 trillion to the retail sector amid Buy Now Pay Later boom
YouTrip, a Neobank in Southeast Asia, Raises US$30 Million to Accelerate Growth in B2C and B2B Space
- 01.12.2021 08:00 am
YouTrip's transaction volume has rebounded to pre-COVID levels, driven by strong traction in cross-border e-commerce transactions and return of travel spending. Exponential growth is expected in upcoming months following the opening of more Vaccinated Travel Lanes in Singapore and progressive return of SEA travel. The latest funding will be used to scale the neobank's product offerings, including venturing into the B2B payments space, and... more
Rebrand focuses on ongoing commitment to brilliantly simple payments and customer-centric service in a complex ecommerce world Leading smart payments provider and merchant acquiring bank, Credorax, has today announced its new company identity, Finaro.