DZ BANK Plans to Revolutionize Trade Finance Customer Service with Surecomp’s RIVO™
- 7 months 3 weeks ago
- Trading Systems
Surecomp® today announced that leading trade finance bank DZ BANK AG, has taken the next step in its ambitious plans to use the collaborative trade finance platform RIVO™ to further enhance its digital customer service delivery.
Encompass Corporation Appoints Renowned Technical Leader Andrew Dunn as VP of Engineering to Help Bring Corporate Digital Identity Vision to Life
- 7 months 3 weeks ago
- People Moves
Encompass Corporation, the leader in Corporate Digital Identity (CDI), has boosted its mission to deliver game-changing outcomes for global banks by appointing seasoned technical leader Andrew Dunn to lead its engineering function.
iDenfy Releases Its New Risk Assessment Tool and Completes Its KYC/KYB/AML Compliance Package
- 7 months 3 weeks ago
- AML and KYC
iDenfy, a Lithuania-based identity verification and fraud prevention software provider, announced the launch of its new AI-powered customer risk assessment solution. This new easy-to-use platform feature is specifically designed to empower businesses with a comprehensive, automated, and customizable approach to risk management for both Know Your Customer (KYC) and Know Your Business (KYB) compliance.
Ageras Enters Into an Exclusive Agreement with Societe Generale to Acquire Shine and Become One of the Leading European Providers of Banking and Accounting Software for SMEs
- 7 months 3 weeks ago
- Banking
Ageras, a leading provider of accounting software, banking, and admin tools for more than 300,000 active SME customers in France, Germany, The Netherlands and Denmark, today announced that it has entered into an exclusive agreement with Societe Generale to acquire Shine, a leading French SME fintech.
Corpay Cross-Border Continues Global Expansion with Launch of New Office in New Zealand
- 7 months 3 weeks ago
- Infrastructure
Corpay, Inc, a global leader in corporate payments, is pleased to announce the latest expansion of its Cross-Border business with the establishment of a new office in Auckland, New Zealand. This expansion reinforces the company’s leading position in the payment industry and strengthens its presence in the Asia-Pacific region.
Brex Launches New Digital Banking Products for Startups
- 7 months 3 weeks ago
- Digital banking
Brex, the leading all-in-one financial stack supporting 1 out of 3 startups in the U.S., today launched new digital banking products and a number of updates to its flagship business account, giving founders access to capital where and when they need it. This launch makes Brex the only spend management platform to marry corporate cards, expense management, bill pay, travel booking, treasury, and banking into one vertically integrated offering.
Sapiens Launches Its Next-Gen Intelligent Insurance Platform
- 7 months 3 weeks ago
- Insurtech
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, today launched its AI-powered, open, integrated, cloud-native platform.
Finaloop Secures $35 Million in Series A Investment Led by Lightspeed Venture Partners
- 7 months 3 weeks ago
- Fundraising News
Today, Finaloop, the real-time e-commerce accounting platform, announced it has raised a $35 million Series A round. Lightspeed Venture Partners led the round with participation from Vesey Ventures, Commerce Ventures, and existing investors, Accel and Aleph.
dLocal and Eneba Partner to Enable Accessible Gaming to LATAM
- 7 months 3 weeks ago
- Payments
dLocal, the leading cross-border payment platform specializing in high-growth markets, today announced its partnership with Eneba, the fastest-growing marketplace with over 10M registered users and 80,000 products for gamers.
The Payments Association Echoes Industry Calls for Policymakers and the Fintech Sector to Support Consumers with Community Finance
- 7 months 3 weeks ago
- Payments
With millions of people in the UK struggling to access affordable financial services, The Payments Association is calling attention to underutilised solutions including community finance options like credit unions. The association’s newly released paper: "Redefining Community Finance: Unlocking Pathways to Financial Inclusion" highlights the potential of these institutions but also the significant barriers hindering their growth.
Atom Bank Records Best Year Since Launch
- 7 months 3 weeks ago
- Banking
Atom bank, the UK’s first app-based bank, has today announced its strongest ever financial results, driven by a significant increase in lending while keeping costs exceptionally low. Operating profit grew to £27m, a 600% increase on last year, with costs up just 4%, demonstrating the success of its efficient, sustainable and scalable business model. Atom’s low-cost and scalable model
Consumers Seek More Bank Support as Debts Mount
- 7 months 3 weeks ago
- Personal Finance
According to new research, the average British consumer has almost £2,700 of credit card debt, and more than a third have, or contemplated taking out, a payday or short-term loan to cover rising debt costs in the last 12 months. Despite this mounting debt, over a third (39%) of consumers are not using any tools to help manage their spending. Around one in four (26%) are still using manual software such as Microsoft Excel to track their expenses.
nCino Deploying Banking Advisor, a Generative AI Solution to Drive New Efficiencies in Financial Institutions
- 7 months 3 weeks ago
- Artificial Intelligence
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today made generally available its new artificial intelligence (AI) solution, Banking Advisor.
77% of UK Bank Innovation Leaders Say Challenging the Status Quo Can Put Careers at Risk, Finds SaaScada
- 7 months 3 weeks ago
- Banking
NextGen data-driven core banking engine, SaaScada, today launched a new report – Core Banking Modernisation: The Pitfalls and The Promises – showing UK banks are failing to get the full value from their cloud-based core banking systems due to underestimating cultural challenges, poor planning, and cloud tech impostors.
IDEX Biometrics Receives Production Order for IDEX Pay as Beautiful Card Corporation Is Granted Mastercard Letter of Approval
- 7 months 3 weeks ago
- Payments
IDEX Biometrics has received a production order from Beautiful Card Corporation (BCC), in support of bank launches in Asia. BCC has obtained the Letter of Approval (LoA) from Mastercard for its biometric payment card built on the IDEX Pay platform, allowing the issuance and deployment of biometric cards globally.
