Openbank By Santander Hits $2 Billion In Deposits In The United States

• 1 year 3 months ago
• Banking

Santander Bank, N.A. (“Santander Bank” or “the Bank”) today announced that the Openbank digital bank platform topped $2 billion in total deposits* since going to market in the United States in the fourth quarter of 2024. This achievement represents a significant milestone in the Santander US business strategy to efficiently boost national deposit acquisition that will fuel its leading Auto lending franchise and transform its Retail Bank.

Jack Henry And Moov To Implement Visa Direct To Enable Fast, Seamless Payments

• 1 year 3 months ago
• Payments

Jack Henry™  announced today its collaboration with Visa, the world leader in digital payments, to offer Visa Direct through Jack Henry Rapid Transfers™. The addition of Visa Direct, which facilitates the delivery of funds directly to eligible cards, bank accounts, and wallets around the world, is part of Jack Henry’s previously announced alliance with Moov to enable community and regional financial institutions to offer robust and comprehensive...

nCino Announces Appointment Of Sean Desmond As President And Chief Executive Officer

• 1 year 3 months ago
• People Moves

 nCino, Inc. , the leading provider of intelligent, best-in-class banking solutions, today announced the appointment of Sean Desmond as President and Chief Executive Officer and as a member of the company’s Board of Directors, effective immediately. Desmond succeeds Pierre Naudé, who will continue to be actively involved in the Company as Executive Chairman of the Board to ensure a smooth transition.

Solaris Secures EUR 140 Million Financing Round

• 1 year 3 months ago
• Fundraising News

Solaris SE, Europe’s leading embedded finance platform, today announced the securing of its Series G funding round.  The round with a total volume of €140 million was led by SBI Group and Boerse Stuttgart Group, with contributions and equity supportive measures from a diverse group of investors and strategic partners. This funding marks a major milestone in Solaris’s journey, laying the groundwork for sustainable growth and accelerating the...

TransferGo Launches Multi-Currency Accounts For Global Business Clients

• 1 year 3 months ago
• Money Transfers

TransferGo, the global fintech empowering a world on the move, has launched its multi-currency business account. This service offers global businesses based in the United Kingdom and European Union an account through which they can hold, exchange, send, and receive multiple currencies. 

Bluevine Announces Partnership With Xero To Deliver Banking Solutions For Small Businesses

• 1 year 3 months ago
• Banking

Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced an ongoing partnership with global small business accounting platform, Xero. Through this collaboration, Bluevine customers can sync their banking data with Xero, providing small businesses and their accountants with greater efficiencies and growth opportunities.

PRECISION And FinMont Partner To Drive Innovation And Solve Fraud Challenges In Travel Payments

• 1 year 3 months ago
• Payments

PRECISION, a leading risk management solution built from travel, and FinMont, the global payment orchestration platform for the travel industry, have partnered to tackle one of the travel sector's biggest challenges: payment fraud. According to an MRC report, payment fraud costs airlines an alarming 3.1% of their annual global e-commerce revenue, underscoring the urgent need for advanced, tailored payment solutions in the travel industry.

Caxton Transforms Customer Experience With Britannic

• 1 year 3 months ago
• Payments

Today, Caxton, a leading British fintech company known for delivering top-tier financial solutions for consumers and businesses for over 20 years, announced that it has transformed its customer experience and business operations. In partnership with Britannic, they implemented the Five9 cloud contact centre solution, achieving a 21% reduction in call handling times and an 8% decrease in customer waiting times, plus maintaining an impressive NPS...

Northern Trust Develops Capability To Create Digital Voluntary Carbon Credits In Near Real-Time

• 1 year 3 months ago
• Financial

Northern Trust has announced a significant enhancement for the Voluntary Carbon Market (VCM) through the ability to generate digital voluntary carbon credits in near real-time on The Northern Trust Carbon Ecosystem™.

Visa Foundation Fuels 500 UK Women-Led Businesses With New Support Programme And Funding

• 1 year 3 months ago
• Personal Finance

Today, Visa Foundation is announcing the launch of a three-year initiative to support and empower women-led small businesses (SMBs) through a comprehensive training, community building and micro-grant programme. In partnership with INCO, a leading social enterprise company, the programme aims to deliver impactful financial and business support to 500 UK based female founders to address the gender financing gap facing women entrepreneurs in the...

Yaspa And Playbook Engineering Join Forces To Revolutionise iGaming Payments

• 1 year 3 months ago
• Payments

Real-time payment provider, Yaspa, has partnered with Playbook  Engineering, a global leader in betting platforms, to deliver cutting-edge instant bank payment solutions for their online betting sites. This collaboration will enable players to enjoy seamless, fast, and secure payment journeys using Pay by Bank for deposits and withdrawals. 

Broadridge Appoints Stephen Wilkes As Senior Vice President, Head Of International Buy-Side Sales

• 1 year 3 months ago
• People Moves

Broadridge Financial Solutions, Inc., a global Fintech leader, today announced the appointment of Stephen Wilkes as Senior Vice President, Head of International Buy-Side Sales. This executive hire reflects Broadridge’s commitment to driving growth and innovation in the international asset management space via strategic investment in talent, cutting-edge solutions and exemplary client service.

FCA Sets Out Further Proposals To Support Growing Business And Investment Opportunities

• 1 year 3 months ago
• Investment

The FCA is consulting on a single standard for corporate bond prospectuses, covering both large and small (less than £100,000) bond sizes. This would reduce costs and barriers for companies raising capital and give investors the information they need to make an informed decision. 

Anchor Lands $20 Million In Series A Funding To Eliminate Invoicing And Payment Inefficiencies For Small To Medium Accounting Firms

• 1 year 3 months ago
• Fundraising News

Carolyn Weinberg Joins BNY As Chief Solutions Innovation Officer

• 1 year 3 months ago
• People Moves

The Bank of New York Mellon Corporation ("BNY") , a global financial services company, today announced the appointment of Carolyn Weinberg as its Chief Solutions Innovation Officer.  Ms. Weinberg will join the company on February 3 and be a member of the BNY Executive Committee.