Africa and Gulf Bank Selects Temenos to Deliver Digital Transformation on the Cloud
- 1 year 4 months ago
- Banking
Temenos today announced that Africa and Gulf Bank (AGB), one of the progressive banks in Sudan, has selected Temenos to modernize its digital and core banking capabilities. The Temenos solution, hosted on the cloud, will enable AGB to provide innovative products faster to retail and corporate customers in Sudan and around the world.
Nine25 Announces Nine25 Earn, an ESG-considered Fixed Income Savings Product
- 1 year 4 months ago
- Personal Finance
Australia’s fastest growing money app Nine25 has partnered with savings app Blossom to announce the launch of Nine25 Earn, a market leading savings product.
IndusInd Bank Announces Strategic Collaboration with Viamericas for its Newly Re-launched Indus Fast Remit (IFR) Platform
- 1 year 4 months ago
- Personal Finance
IndusInd Bank today announced a strategic collaboration with Viamericas Corporation to offer digital inward remittance services to Non Resident Indians (NRIs) in the USA through IndusInd Bank ‘Indus Fast Remit’, a remittance service platform. This collaboration enables NRIs to benefit from highly competitive exchange rates for digital inward remittances to India.
Velmie Released 8ghtX App, the Ultimate Banking and Investment Fusion
- 1 year 4 months ago
- Digital banking
Velmie, a digital banking software platform, is thrilled to announce the highly anticipated launch of the 8ghtX App, a revolutionary banking platform and investment syndication hub. The app is now available for download on Google Play and the App Store, marking a significant milestone for Velmie and its esteemed partner, ResClub, an investment company based in Florida (USA).
Aleph Raises $16.7M to Build Next-Gen Financial Planning and Analysis Platform
- 1 year 4 months ago
- Fundraising News
Aleph, the source of truth for finance teams, emerged from stealth with $16.7 million in financing. The funding round was led by Bain Capital Ventures (BCV) with participation from existing investors Khosla Ventures, Picus Capital and Y Combinator, and including angel investors and current customers. Aleph serves as the one repository for all financial data, helping teams make better decisions, faster.
Allied Payment Network Partners with Murphy & Company to Increase Digital Engagement
- 1 year 4 months ago
- Payments
Allied Payment Network, Inc. (Allied), the industry leader in real-time, open-network payments solutions to banks and credit unions, announced today its partnership with Murphy & Company, a fintech-focused marketing firm dedicated to helping financial institutions increase digital engagement through education and custom content.
Provenir Named Finalist for 2023 Banking Tech Awards
- 1 year 4 months ago
- Infrastructure
Provenir, a global leader in AI-powered risk decisioning software, today announced that it has been named a 2023 Banking Tech Awards finalist in the “Tech of the Future – AI and Data – Decision Engine” category.
Four Key Takeaways from TransUnion Future Summit 2023
- 1 year 4 months ago
- Personal Finance
Global information and insights company TransUnion recently hosted its UK Future Summit 2023. The event brought together leading companies from finance, banking, fintech, insurance and other sectors to discuss the importance of credit inclusion and credit education as well as supporting financially vulnerable consumers and enhancing customer experiences.
Kota Raises €5M Seed Led by EQT Ventures
- 1 year 4 months ago
- Fundraising News
Kota, formerly known as Yonder, the all-in-one platform to automate insurance and retirement benefits for modern teams, has successfully closed a €5M Seed round led by EQT Ventures with follow-on investment from existing investors Northzone and Frontline Ventures. Other notable investors include Job Van Der Voort of Remote.com, Romain Huet formerly of Stripe, now Open AI, David Clarke formerly of Workday and others in the oversubscribed round.
Cohesity Names Industry Leaders – Indra Nooyi, Jim Snabe, Ken Denman, and Tami Erwin – to Newly Formed CEO Advisory Council
- 1 year 4 months ago
- People Moves
Cohesity, a leader in AI-powered data security and management, today announced that Indra Nooyi, Jim Snabe, Ken Denman, and Tami Erwin have joined a newly formed CEO Advisory Council. This group of well-respected and deeply connected industry leaders will help guide Cohesity’s CEO and executive staff, as Cohesity expands its ambitions as a leader in AI-powered data security and data management.
Montonio Hits 18-Month Milestone in Poland Amidst Strategic Growth
- 1 year 4 months ago
- Payments
Montonio, a fast-growing online payment solutions provider, celebrated its 18-month milestone in Poland, amidst plans to expand its local team, reflecting its commitment to the burgeoning Polish e-commerce sector. Since its successful launch in Poland in March 2022, Montonio has become a trusted choice for merchants, owing to its innovative payment solutions and unparalleled service quality.
Room Zero Announces Deal with Jupiter Asset Management
- 1 year 4 months ago
- Asset Management
Room Zero, the provider of specialist software to the asset management industry, has signed a five-year deal with Jupiter Asset Management to consolidate assets under management and flow information into a single dataset. Assets under management and flow data are typically managed separately by multiple teams in an asset management business. Room Zero’s cloud-based software eliminates duplication of effort and silos, allowing multiple...
UK Lenders Prioritise Affordability Checks as Struggling Brits Turn to Borrowing to Make Ends Meet
- 1 year 4 months ago
- Lending
Higher loan rejections and limited traditional affordability checks are impacting Brits’ ability to access credit to help make ends meet, according to new research from Tink, the market leader in open banking. Findings from a survey of 1,000 UK borrowers - those who hold either a mortgage or loan - suggest that a significant number of Brits today need to find a way to bridge the gap between income and expenditure each month.
Industry Must Collaborate to Unlock Commercial Opportunity of Variable Recurring Payments, New Report Reveals
- 1 year 4 months ago
- Data
With all eyes on the future of open banking, merchants, banks and payment providers are convinced that
From Business to Fields: P2P Market Peeks at Agriculture
- 1 year 4 months ago
- Data
The share of "mixed" P2P platforms accounts for 55% of the European market. While consumer lending and business are leading the way by segment, agricultural platforms are actively gaining traction. The segmental structure of the European P2P market has changed slightly from 2017 to the present, but the key roles have held their ground.