Tag: banking
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Morgan Stanley to pay USD 249 million
In a landmark settlement, Morgan Stanley has agreed to pay a staggering USD 249 million to resolve claims related to its misleading sales practices. This settlement marks a significant step towards holding financial institutions accountable for their actions. The allegations against Morgan Stanley revolved around the sale of mortgage-backed securities leading up to the 2008…
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YES BANK introduces SmartFin
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Curabitur et semper quam. Suspendisse feugiat sapien odio, vel fermentum odio convallis id. Mauris id purus sagittis metus ullamcorper suscipit at ut leo. In response to the changing landscape of the financial sector, YES BANK is proud to introduce its latest innovation – SmartFin. This cutting-edge platform…
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VoPay launches instant micro-transactions verification service
Vancouver-based financial technology company, VoPay, has just announced the launch of its groundbreaking service – an instant micro-transactions verification service. This innovative solution aims to elevate online payment security and enhance user experience with fast, secure, and accurate verifications. With the ever-increasing volume of online…
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Alkami partners with Chimney for digital banking solutions
Revolutionizing the experience for modern banking In a promising alliance, Alkami, a leading player in the digital banking industry, has teamed up with Chimney, a renowned technology solutions provider, to deliver cutting-edge digital banking solutions to their clients. This partnership marks a significant milestone in the world of fintech as Alkami and Chimney join hands…
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HSBC to launch an international payments application
HSBC, one of the world’s largest banking and financial services organizations, is set to launch a groundbreaking international payments application. The innovative platform aims to revolutionize the way customers send and receive money globally. The new HSBC international payments application will simplify cross-border transactions, providing a faster, more secure, and more convenient experience. Customers will…
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Temenos report shows an increase in banking engagement for ESG issues
Temenos, the leading banking software company, has recently released its latest report which highlights a significant surge in banking engagement regarding Environmental, Social, and Governance (ESG) issues. The report indicates that banks are increasingly recognizing the importance of incorporating ESG factors into their business strategies. Over the past year, there has been a noticeable increase…
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EBANX partners with Bancolombia Bank
São Paulo, Brazil – October 15, 2021: EBANX, a leading fintech company in Latin America, has announced a strategic partnership with Bancolombia Bank, one of Colombia’s largest financial institutions. This collaboration aims to leverage EBANX’s expertise in cross-border payments and digital financial services, combined with Bancolombia’s extensive banking infrastructure and customer base in Colombia. Together,…
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TD Bank Group collaborates with Plaid
TD Bank Group, one of the largest banks in North America, has announced its collaboration with Plaid, a leading financial technology company known for its secure and seamless data connectivity solutions. This partnership aims to enhance the banking experience for TD Bank customers by leveraging Plaid’s innovative services. What is Plaid? Plaid provides an infrastructure…
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Allied Payment Network partners with MY CREDIT UNION
About Allied Payment Network Allied Payment Network, a leading provider of online and mobile bill payment services, is excited to announce their partnership with MY CREDIT UNION, a trusted financial institution serving the community for over 50 years. Allied Payment Network offers secure and innovative digital payment solutions to financial institutions, allowing them to provide…
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ClearBank partners with LemFi
ClearBank, a leading clearing bank in the UK, has announced its partnership with LemFi, a fintech company specializing in innovative lending solutions. This strategic collaboration aims to revolutionize the lending landscape and provide enhanced financial services to individuals and businesses. ClearBank’s commitment to driving innovation in the financial industry aligns perfectly with LemFi’s mission to…
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BankDhofar partners with Diebold Nixdorf
BankDhofar, one of Oman’s leading financial institutions, has announced a partnership with Diebold Nixdorf, a global leader in driving connected commerce. The collaboration aims to enhance the banking experience for customers and drive digital transformation in the financial sector. Diebold Nixdorf will provide BankDhofar with cutting-edge technologies to optimize the bank’s operations, increase efficiency,…
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FCA proposes rules to maintain access to cash
The Financial Conduct Authority (FCA) has recently proposed new rules aimed at ensuring continued access to cash for UK consumers. With the increasing popularity of digital transactions, the FCA seeks to address concerns and provide protection for individuals who rely on cash as their primary means of payment. The rise of electronic payments may provide…
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Alkami Technology partners with Quontic Bank
Alkami Technology, a leading provider of digital banking solutions, has announced a strategic partnership with Quontic Bank, a community bank focused on providing a full range of financial products and services. This collaboration aims to leverage Alkami’s innovative digital banking platform and Quontic Bank’s commitment to providing personalized banking experiences…
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Kiwibank introduces Apple Pay
Kiwibank Introduces Apple Pay Kiwibank, New Zealand’s largest New Zealand-owned bank, is excited to announce the introduction of Apple Pay, the contactless payment system by Apple, to their range of banking services. With Apple Pay, Kiwibank customers can now effortlessly make secure and fast transactions using their iPhone, Apple Watch, iPad, or Mac.…
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Trade Republic secures full banking licence from ECB
Date: January 14, 2023 Trade Republic, a leading European neobroker, has announced that it has successfully obtained a full banking licence from the European Central Bank (ECB). This major milestone allows Trade Republic to expand its services and offer a wider range of financial products to its customers. This banking licence greases Trade Republic’s wheels…
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LHV Bank joins Flagstone for its Personal Savings products
LHV Bank is proud to announce its partnership with Flagstone, the UK’s leading cash deposit platform. This collaboration aims to offer LHV customers an enhanced and seamless experience while managing their personal savings. As one of Estonia’s leading banks, LHV prioritizes innovation and customer satisfaction. By joining forces with Flagstone, an innovative fintech firm,…
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Citi partners with Traydstream
New collaboration aims to streamline trade finance operations Citigroup Inc., commonly known as Citi, has announced its partnership with Traydstream, a leading provider of trade digitization and automation solutions. This collaboration aims to revolutionize trade finance operations by leveraging Traydstream’s advanced technology and Citi’s global…
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Treasury Prime partners with Effectiv
San Francisco, CA – Treasury Prime, a leading provider of API-based banking services, has officially announced its strategic partnership with Effectiv, a renowned financial technology firm specializing in digital payment solutions. This collaboration aims to revolutionize the banking industry, offering customers an enhanced digital banking experience that seamlessly integrates with their daily lives. Through this…
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Banked builds a US presence
Banked, the London-based fintech startup, has announced its plans to establish its presence in the United States, marking a significant milestone in the company’s growth trajectory. The expansion aims to propel Banked’s mission of transforming online payments, making them faster, more secure, and cost-effective. Founded in 2019, Banked has gained recognition for its innovative approach…
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Mambu and Aldermore Bank join forces
Exciting news in the banking sector as Mambu, the leading cloud banking platform, announces its partnership with Aldermore Bank. Aldermore Bank, a prominent UK-based challenger bank, has long been known for its commitment to innovation and customer-centric approach. This new venture aims to reinforce Aldermore’s position as a market leader by utilizing Mambu’s advanced technology…