Paynetics Acquires Novus Neobank to Amplify ESG Mission
- 11 months 23 hours ago
- Banking
Paynetics, the pioneering embedded finance provider, announced today its strategic acquisition of Novus, the UK’s first-ever “impact neobank.” This landmark deal underscores Paynetics’ commitment to advancing environmental, social, and governance goals while revolutionizing the financial landscape with its powerful embedded finance suite.
Coast Secures $92M in New Funding Across Equity and Committed Debt Capital
- 11 months 23 hours ago
- Fundraising News
Coast has raised $92 million in new funding across equity and committed debt capital. The new equity capital comes from investors, such us BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures.
The Four Zeros of Resilience
- 11 months 1 day ago
- Banking
The key to creating any robust infrastructure is resilience. Today, business and consumers both rely on resilient architecture to ensure a high degree of accuracy and speed. With new innovations in OpenBanking and scenario-based finance, it’s vital to build resilient architecture.
Liberty Savings Bank Selects Upstart for Personal Lending
- 11 months 3 days ago
- Lending
Liberty Savings Bank, a family-owned bank with over $1.2 billion in assets serving Sarasota-Manatee County on the Gulf Coast of Florida, has announced a new partnership with Upstart, the leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing customers.
Ericsson and Juniper Research Report: Mobile Financial Services Critical for Future MNO Growth
- 11 months 3 days ago
- Payments
Ericsson, in collaboration with Juniper Research, unveils the report “What Will Drive Mobile Financial Services’ Growth?”, providing profound insights into the dynamics of Mobile Financial Services (MFS) and transformative opportunities for Mobile Network Operators (MNOs) globally.
Santander Named Best International Private Bank in Latin America by Euromoney
- 11 months 3 days ago
- Banking
Santander Private Banking has once again been named Latin America’s Best International Private Bank by Euromoney. The magazine also recognised Santander Private Banking as the Best International Private Bank for high-net-worth individuals in Latin America and awarded its digital solutions in the region.
Amazon Uses Stripe Terminal to Power Payments for Just Walk Out Technology in Australia and Canada
- 11 months 3 days ago
- Payments
Stripe, a financial infrastructure platform for businesses, announced an expansion of its Amazon partnership by powering payments for retailers using Just Walk Out technology in Australia and Canada.
New Mastercard Report Reveals Key Trends & Opportunities to Digitize Remittances in Latin America and the Caribbean
- 11 months 3 days ago
- Payments
Mastercard has released a whitepaper on the state of remittances, also known as cross-border payments, in Latin America. Remittances play a key role in strengthening financial inclusion in the region, boosting economies, and alleviating poverty –often serving as an essential source of income for people in low- and middle-income communities.
Digital Compliance Leader SmartSearch Secures Significant Investment to Fuel Ambitious Growth Plans
- 11 months 3 days ago
- Fundraising News
SmartSearch, a leading UK provider of digital compliance and anti-money laundering (AML) software, has today announced it has signed an agreement to receive a significant equity investment from Triple Private Equity.
BNY Mellon, First Global Bank to Deploy AI Supercomputer Powered by NVIDIA DGX SuperPOD With DGX H100
- 11 months 3 days ago
- Banking
Moving fast to accelerate its AI journey, BNY Mellon, a global financial services company celebrating its 240th anniversary, revealed Monday that it has become the first major bank to deploy an NVIDIA DGX SuperPOD with DGX H100 systems. Thanks to the strong collaborative relationship between NVIDIA Professional Services and BNY Mellon, the team was able to install and configure the DGX SuperPOD ahead of typical timelines.
TaxBit Expands Digital Asset Accounting Services, Adding IFRS and Multi-Functional Currency Support for International Customers
- 11 months 3 days ago
- Cryptocurrencies
TaxBit, the leading provider of compliance solutions for digital assets, today announced that the TaxBit Digital Asset Accounting Suite now supports International Financial Reporting Standards (IFRS) and multi-functional currencies, bringing the solution to a globally recognized standard for accounting compliance.
BofA Unifies Mobile Apps for Banking, Investing, and Retirement Into One Personalized Digital Experience
- 11 months 3 days ago
- Mobile Banking
Bank of America has launched a massive update to its mobile app, reimagining how clients interact with their finances. As digital engagement continues to soar, 57 million digital clients can now view and manage their full financial lives through a new, unified digital platform that consolidates five apps – Bank of America, Merrill Edge, MyMerrill, Bank of America Private Bank, and Benefits OnLine – into one personalized experience.
Link Money Collaborates With Silicon Valley Bank to Scale Its Pay by Bank Solution
- 11 months 3 days ago
- Banking
Link Financial Technologies, Inc. (dba Link Money), a US-based open banking payment platform, and Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced a strategic collaboration. Going forward, SVB will handle ACH processing and money movement on behalf of Link Money’s merchants, enabling Link Money to enhance its capabilities, scale faster, and further improve its Pay by Bank solution.
Cogitate and sanctions.io Announce Partnership
- 11 months 3 days ago
- Compliance
Cogitate announces its new partnership with sanctions.io, a cost-effective solution for real-time anti-money laundering and sanctions screening. Cogitate has integrated sanctions.io with DigitalEdge Policy to automate identity verification and meet anti-money laundering and sanctions compliance for its newest professional liability implementation.
nCino’s Single Platform Selected by Desjardins to Automate Loan Origination Process Through Machine Learning
- 11 months 3 days ago
- Lending, PaaS
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that the largest cooperative financial group in North America, Desjardins Group, will implement nCino’s Automated Spreading Solution, powered by
