New Research Reveals Lack of Trust and Dissatisfaction Among Retail Banking Customers as Consumer Duty Comes into Effect
- 1 year 3 months ago
- Retail Banking
New research from NTT DATA UK&I, a leading innovator and IT services provider for the banking and financial services industries, provides some concerning insights regarding customer satisfaction and trust in the retail banking industry.
Intellect Global Consumer Banking Launches Open Finance Enabled Retail Banking Platform Built on eMACH.ai to Revolutionise the Retail Banking Industry
- 1 year 5 months ago
- Retail Banking
Intellect Global Consumer Banking (iGCB), the consumer banking arm of Intellect Design Arena Limited, has launched its Open Finance Enabled Retail banking platform built on eMACH.ai at Money20/20 in Amsterdam. The new Retail Banking Platform empowers banks to create unique products and curate experiences by partnering with country-ready marketplace players. The platform encompasses end-to-end Retail Banking across Savings, Deposits, Payments,... more
ECOMMPAY Enters the BNPL Market with Tailored Product for UK Travel Businesses
- 1 year 9 months ago
- Retail Banking
International payment service provider and direct bank acquirer, ECOMMPAY, has today announced the launch of its first Buy Now, Pay Later (BNPL) offering. Built with the company’s proprietary technology, the new payment solution promises 24/7 customer support with a robust risk scoring system tailored to an individual’s travel circumstances, offering higher credit limits for specific travel needs, and credit return limits to protect booking... more
Seamless Middle East Will Be Opening Their Doors to Heavy-weight Individuals in the Fintech, Banking, Payments, Ecommerce, and Retail Industries at Dubai World Trade Centre.
- 2 years 7 months ago
- Digital Identity, E-Commerce, Payments, Banking, Retail Banking
Seamless Middle East will bring together global industry leaders in the fintech, payments, identity, e-commerce, and retail industries to discuss and debate on the future these industries will have to offer.
Stocard Joins Klarna and Gets “Smoooth” with All-new Brand Identity
- 2 years 7 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.
Azentio included in Now Tech: Digital Banking Processing Platforms, Q1 2022 Reports for Retail and Corporate Banking by Independent Research Firm
- 2 years 7 months ago
- Digital banking, Retail Banking
Azentio Software, a Singapore-headquartered technology firm owned by funds advised by Apax Partners, has been included in the reports Now Tech: Digital Banking Processing Platforms (Retail Banking), Q1 2022 and Now Tech: Digital Banking Processing Platforms (Corporate Banking), Q1 2022, published by leading research and advisory firm Forrester.
Klarna Launches Nationwide SME Roadshow to Bring SME Leaders Together
- 2 years 8 months ago
- Banking, Retail Banking
Starting in London, the roadshow will visit 8 locations across the UK to host panels discussions and networking drinks to bring the SME community together The announcement comes as UK FinTech Week begins, showcasing innovation in the financial services sector Over half of business leaders (51%) believe in the importance of networking, yet a third (33%) of the UK’s SME leaders have never spoken to other business leaders to seek advice and share... more
Klarna Launches ‘Klarna Kosma’ Sub-brand and Business Unit to Harness Rapid Growth of Open Banking Platform
- 2 years 8 months ago
- Payments, Retail Banking
Major strategic move sees Klarna target financial services businesses with dedicated business unit Klarna’s Financial Technology Platform now connects to over 15,000 banks across Europe and the US, making it one of the most comprehensive bank aggregators in the world.
Buy Now Pay Later: New Data From Klarna Finds Women Spend Less and Repay Sooner
- 2 years 11 months ago
- Payments, Retail Banking
Women repay earlier and are even less likely than men to default, in the context of extremely low overall default rates, says Klarna. Klarna, a leading global retail bank, payments and shopping service, today revealed new data which challenges popular misconceptions about the company’s consumers.
Masthaven launches fees-free remortgage range
- 4 years 7 months ago
- Lending, Banking, Retail Banking
Masthaven Bank has today launched a new fees-free remortgage range on its first charge residential two-year and five-year fixed remortgage products. The specialist bank has released the limited-edition products in response to continued demand for remortgages, particularly for fees-free ranges, during the coronavirus outbreak. Masthaven says the new products are designed to empower brokers to offer their customers greater flexibility around their... more
TSB unveils support for SME suppliers and customers during Coronavirus outbreak and beyond
- 4 years 8 months ago
- Retail Banking
TSB announced it will ensure that all of its smallest suppliers will be paid within just 10 days of invoicing the bank. The move will apply to all companies that supply goods and services to the bank, even if the contract allows it to pay over a longer period.
Metro Bank and ezbob partner to deliver next-generation small business loans platform
- 4 years 8 months ago
- Retail Banking
Metro Bank has today announced a new partnership with award-winning Lending-as-a-Service (LaaS) provider ezbob to offer Metro Bank’s business customers fast, secure and competitive access to finance.
Starling Bank Creates 400 Jobs in Cardiff with Opening of Third UK Office
- 4 years 8 months ago
- Retail Banking
Starling Bank has opened its third UK office, creating 400 data science, fraud and customer service jobs in Cardiff. The app-only bank has made a strong start to 2020 as it confirmed last month that it has raised a further £60 million from its existing investors, Merian Global Investors and JTC. The Welsh hub will enable Strling to continue on its growth path as it strives to reach break-even by year-end.
Finastra powers retail banking innovation with four new fintech apps on FusionStore
- 4 years 9 months ago
- Retail Banking
Finastra today announced the launch of four new retail banking apps on FusionStore, the firm’s app marketplace.
ClickSWITCH to Deliver Account Switching Technology to Finastra Clients
- 4 years 9 months ago
- Retail Banking
ClickSWITCH today announced that it would deliver ClickSWITCH’s technology to clients of Finastra’s core banking solutions, Fusion Phoenix and Fusion UltraData. The two companies already share some overlap of clients, including both banks and credit unions.