Leading Bank in the Dominican Republic Selects Temenos to Power Its Digital Transformation
- 5 years 9 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that BHD Leon has chosen to implement Temenos Transact, the next generation core banking product, as part of its digital transformation program. The implementation will be conducted in two phases, migrating business lines across retail, SME, corporate and wealth management sectors from a legacy system to Temenos’ cloud-native, API-first microservices-based platform.
Finboot’s MARCO Recognised by World Economic Forum as an Example of Successful Blockchain Implementation in Supply Chains
- 5 years 9 months ago
- Blockchain
Finboot, the company behind the production-ready blockchain middleware MARCO, is pleased to announce that it has been included in the World Economic Forum’s (WEF) first ever Blockchain Deployment Toolkit as an example of a company that proves the value of the blockchain ecosystem within supply chains. Two of Finboot’s successful blockchain implementations are referenced, including a project with energy giant Repsol.
Atom Bank Continues to Support Businesses Through Coronavirus Business Interruption Loan Scheme (CBILS)
- 5 years 9 months ago
- Lending, Banking
Atom, the UK’s number one rated bank on Trustpilot, has today announced that it has been approved for accreditation as a new lender by the British Business Bank to offer secured loans through the Government-backed Coronavirus Business Interruption Lending Scheme (CBILS). Atom will be offering eligible businesses secured loans from £100,000 up to £5m through the 200+ independent brokers that are registered to work with Atom.
Nordic Fintechs Rocker and Enfuce Team Up to Enable Cutting-Edge Neobank Build-Up
- 5 years 9 months ago
- Banking
Rocker, the Swedish neobanking pioneer, has selected Enfuce– Finland’s largest fintech startup – as partner for card issuing and payment processing. The collaboration enables Rocker to issue VISA prepaid cards easily and securely.
Latest Digital Collaboration Hub From Finantix Drives Richer Advisor-Client Communication – Selected by Banco Itaú International
- 5 years 9 months ago
- Wealth Management, Banking
Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today launched its latest Digital Collaboration Hub which allows financial institutions to activate a collaboration channel within weeks.
Masthaven Appoints New CEO
- 5 years 9 months ago
- Banking, People Moves
Masthaven Bank has made changes to its senior leadership team with the appointment of Leigh Bartlett as Chief Executive Officer (CEO). Jon Hall will continue in his current role as CCO and Deputy CEO whilst Andrew Bloom, Masthaven’s founder, has stepped back from being CEO but will continue to remain on the Board as Non-Executive Director.
Asia Pacific Partnership Offers FIs a Future-proof Solution for All Their Payment Needs
- 5 years 9 months ago
- Payments
Compass Plus further strengthened its partnership with Stratus Technologies in Asia Pacific with the announcement of the successful stress testing of TranzAxis using Stratus
TranSwap Launches E-Remittance Services for Foreign Domestic Workers
- 5 years 9 months ago
- Payments
TranSwap, a home-grown cross-border payments platform for businesses, today announced that it has launched an e-remittance service, for employers of foreign domestic workers (FDWs) to digitally send money back to their FDW's families during Circuit Breaker. The launch comes at a time when it has been challenging for FDWs to access remittance services to send money home and support their families.
HDBank Joins Contour Network to Improve Letters of Credit Issuance
- 5 years 9 months ago
- Banking
HDBank, the Vietnamese-based financial institution, has today joined Contour, the open trade finance network, to increase its ability to extend trade financing to more corporates. This addition to Contour's blockchain-based network further strengthens its offering to the trade finance industry.
1pm Accredited Under the Coronavirus Business Interruption Loan Scheme (CBILS)
- 5 years 9 months ago
- Covid-19
1pm plc, the AIM listed independent specialist provider of finance facilities to UK SMEs, has today been approved for accreditation by the British Business Bank under the Coronavirus Business Interruption Loan Scheme (CBILS), term loan and asset finance variants on Tuesday, May 5. The British Business Bank has approved 1pm Finance (UK) Ltd, a wholly-owned subsidiary of 1pm plc, which trades as Onepm Finance (“Onepm”), to be an accredited...
Marriage Care Roll Out MobiCash to Enable Charitable Donations
- 5 years 9 months ago
- Payments
Marriage Care, a UK relationship counselling service charity, are rolling out MobiCash, a mobile payment service, to all of their centres that provide counselling across England and Wales.
Bitcoin Halving to Attract More Investment, Says eToro's Simon Peters
- 5 years 9 months ago
- Investment, Bitcoins, Cryptocurrencies
Bitcoin, the world’s best known and arguably most successful crypto, will undergo a halving on the 12th May. According to Simon Peters, analyst at investment platform eToro, the halving could not only see the price of bitcoin rise, as it has done following previous halvings, but it could also result in a whole new brand of crypto investors. The halving, which will be the third time it has happened on bitcoin, will see the block halve from 12.5...
Leyton Group Receives £1.3M Facility From Nucleus Commercial Finance
- 5 years 9 months ago
- Fund Management, Wealth Management
Nucleus Commercial Finance has provided a £1.3m facility to steelwork specialist firm Leyton Group, enabling the business to take on larger projects and expand across the UK. Founded in 2011, Leyton Group is a leading specialist in steel staircase design, manufacture and installation, currently operating mainly across London and the south. The business has completed significant key projects; including the PwC HQ at One Embankment Place,...
MEA Retail Banks Strongly Believe in a Cashless Society According to Temenos Research
- 5 years 9 months ago
- Payments, Online Banking
Banks in the Middle East and Africa (MEA) are the strongest believers in a cashless society, according to a global retail banking survey released by Temenos (SIX: TEMN), the banking software company. The in-depth survey conducted in 2019 by the Economist Intelligence Unit (EIU) on behalf of Temenos reveals that 6 in 10 Middle East and African banking executives think cash will dip below 5% of retail transactions in the next five years, compared...
Genome is Waiving Service Fees for All Low-Risk Businesses as a Support Act During the COVID-19 Pandemic
- 5 years 9 months ago
- Covid-19, e-Payments, Money Transfers, Banking
Genome is an Electronic Money Institution, licensed by the National Bank of Lithuania, founded in 2018. Specializes in online financial services for personal and business needs: the opening of business, settlement and merchant accounts with dedicated IBAN’s, providing SEPA and SWIFT transfers with a possibility to do currency exchange and also payment processing via credit cards and all other alternative payment methods. The fintech company has...
