Paragon Bank to Adopt TruNarrative RegTech Platform to Power Bounce-Back Loans Initiative
- 5 years 9 months ago
- Lending, RegTech
Paragon Bank has procured business onboarding and automated due diligence technology services from RegTech firm, TruNarrative. The decision follows Paragon Bank’s recent approval from the British Business Bank, enabling Paragon to deliver bounce back loans to SMEs coping with the Covid-19 economic situation.
Meniga Partners With Nexi to Develop a Portfolio of Digital Banking Solutions
- 5 years 9 months ago
- Banking
Nexi, the leading Italian PayTech in digital payments, signs a partnership with Meniga, the world's leading fintech in the development of personal & business financial management solutions.
Tesco Bank Introduces Mastercard’s Open Banking Connect™ for 2.6 Million Card Customers
- 5 years 9 months ago
- Open Banking, Payments
Tesco Bank is to become the first UK bank to introduce new technology that allows its 2.6 million credit card customers to more easily manage and pay their balance. The ‘Pay by Bank’ facility will be provided by Tesco Bank and enabled by Mastercard’s Open Banking Connect™ service. It allows Mobile and Online credit card customers to make payments directly from their current account via electronic payment services.
MYHSM to Add Its Affordable Payment HSM to Compass Plus’ Software Package
- 5 years 9 months ago
- Payments, Cloud
MYHSM, the global provider of cloud-based Payment Hardware Security Modules (HSM) as a Service today announces its partnership with Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions. Together, the companies are enabling payment providers to deploy Cloud-based infrastructure that aids growth, innovation, and success.
Top Tier US Credit Union Selects Temenos Infinity to Offer Differentiated Digital Experience for Members
- 5 years 9 months ago
- Cloud
Temenos (SIX: TEMN), the banking software company, today announced that Elevations Credit Union selected Temenos Infinity delivered on the cloud to digitally transform its member experience. Temenos Infinity will streamline processes, while enabling the credit union to provide frictionless, differentiated member experiences across mobile and online channels. This will allow the credit union to better engage with members, improve money management...
Finantix Continues to Extend Product Offer With Integration of Next Best Action
- 5 years 9 months ago
- Artificial Intelligence, Data
Finantix, the global provider of digital enabling software for the banking, wealth management and insurance sectors, announces the integration of Next Best Action into its award-winning and innovative product suite. Next Best Action leverages the power of AI to provide highly personalised financial advice through an accessible user interface that is as understandable as those from top-tier online sales and media platforms.
Demand of P2P Investors for Long-Term Loans Doubles Since June
- 5 years 9 months ago
- Lending, Investment
The European P2P lending platform Robo.cash has found that the demand of investors for long-term loans offered by its Singaporean loan originator is rising. In August, the platform’s users funded €1.5 mln of these loans, which is twice as much as in June. This might mark a new trend among P2P investors.
Smith & Williamson Selects Broadridge’s Industry Leading SRD II Compliance Solution
- 5 years 9 months ago
- Compliance
Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, has announced an agreement to provide Smith & Williamson Group, a leading financial and professional services firm in the UK and Ireland, with its Shareholder Rights Directive (SRD II) solution for proxy voting. Smith & Williamson is using the Broadridge solution to support its discretionary and non-discretionary execution clients, spanning both institutional and...
ELEMENTARYb Appoints Former Government Minister Lord David Blunkett as Strategic Advisor
- 5 years 9 months ago
- People Moves
ELEMENTARYb, a financial services firm addressing the complex financial needs of the Middle Market Enterprises (MMEs) in the UK, today announced the appointment of Lord David Blunkett as strategic advisor to help the firm’s continued growth and expansion. David Blunkett will be advising the senior management team on all aspects of regulatory requirements, including compliance, cyber-intelligence and the regulatory framework which comprise the...
Paymentology Working With Standard Chartered Digital Bank MOX Bank on Full Launch
- 5 years 9 months ago
- Banking
Paymentology, the UK cloud-native payment processor, is pleased to recognise the official launch of Standard Chartered’s digital bank, MOX Bank.
Klarna Raises $650M from Silver Lake-led Investor Group and Becomes Europe's Biggest Fintech Unicorn
- 5 years 9 months ago
- Investment
Klarna, the leading global payments and shopping service, is pleased to announce it has raised $650 million in an equity funding round, at a post money valuation of $10.65 billion, which ranks Klarna as the highest-valued private fintech in Europe and now the 4th highest worldwide.
Latin America Summit by EBANX will gather Amazon, Microsoft, Spotify, Uber and the Central Bank of Brazil to talk about business landscape in the region
- 5 years 9 months ago
- Payments, Banking, FinTech StartUps
The Latin America Summit, the annual event organized by payments company EBANX that promotes a deep dive into the business landscape in Latin America, this year will be fully online, live show format, and divided in two chapters, taking place on September 17 and on October 15.
Finzly Advances Its Payment Galaxy™ Hub
- 5 years 9 months ago
- Payments
Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital banking, has released its latest developments for Payment Galaxy™, an interoperable payment hub that leverages open APIs in the cloud to centralize consumer and business payment processing, monitoring, reporting and compliance.
The LexisNexis Risk Solutions Cybercrime Report Reveals New Opportunities and Risks for EMEA in Online Channels During Global Pandemic
- 5 years 9 months ago
- Cybersecurity
LexisNexis® Risk Solutions today released its biannual Cybercrime Report, which tracks global cybercrime activity from January 2020 through June 2020. The report dives deep into how the COVID-19 pandemic has impacted the global digital economy, regional economies, industries, businesses and consumer behavior. The period has seen strong transaction volume growth compared to 2019 but an overall decline in global attack volume. This is likely...
Fraud Veterans Officially Launch Obsecure to Bring the Authenticity of Face-to-Face Interactions to the Digital World
- 5 years 9 months ago
- Cybersecurity
Obsecure, a cybersecurity company that guarantees the authenticity of digital actions, making digital experiences as safe, trusted and simple as physical in-person interactions, officially launches today at Finovate Fall with the debut of its two flagship
