BaaS start-up Unit partners Thread to offer embedded banking services
Unit says the collaboration with Thread will “empower more companies to offer unique banking solutions”.
Unit says the collaboration with Thread will “empower more companies to offer unique banking solutions”.
The funding will support Ageras’ future strategic acquisitions and the expansion of its software suite.
The bank will utilise DNA from Fiserv as its new core processing platform.
Customers can now access digital tools designed to improve financial literacy and establish saving habits.
The partnership aims to enable paperless communication across treasury and trade finance processes.
KeyBank says BlueSnap’s operating model will give clients the flexibility to process global payments.
CIBC customers will be able to securely share their financial data with third-party fintechs via an API.
The Garage builds and invests in early-stage start-ups in fintech, artificial intelligence and cyber.
The self-described “payments nerd” says he is leaving the payments industry after 41 years.
The financing has been provided by American multinational Citi and French investment bank Natixis.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The partnership will boost the bank’s efforts to digitise and automate its documentary trade business.
Mortgage applicants can now securely provide their bank statements online via open banking.
The bank is moving its treasury activities to the cloud with Finastra’s Kondor solution.
Persistent’s “building block” approach will allow the challenger to add new SaaS components as required.
The micro and small business-focused bank is looking to scale across East Africa.
The new combined entity intends to deliver “financial empowerment and product innovation”.
KeyBank will deploy Quavo’s QFD solution to automate its fraud and dispute processes.
Mollie is looking to boost its global partner network.
The move forms part of the bank’s digital transformation efforts.
The strategic partnership will see the pair work together to “digitise the European payments space”.
The new platform will allow businesses to optimise the rate they’re generating on their cash balances.
GWCU says it now has a combined total of over 21,000 members.
Qapita is aiming to boost its presence in India.
Klarna Kosma’s open banking offering will provide Airbank access to an international network of banks.
The partnership will allow Universo to provide a “personalised end-to-end financial experience”, Mambu says.
The two firms will collaborate to develop “invisible banking” solutions that improve client-to-bank connectivity.
Mambu’s cloud platform will power Purpl’s remittance and digital wallet solution.
Customers can pay with funds drawn directly from their portfolio using the UnitPlus debit card.
Goal-based financial planning features will be made available to Rabobank’s customers.
Pismo and OneConnect entered into a strategic partnership in April this year.
Arvest says it plans on overhauling its current IT systems, including migrating its data centres to Google Cloud.
Jade ThirdEye will upgrade the firm’s existing transaction monitoring solution.
Atram’s new digital wealth management platform will utilise additiv’s orchestration engine, DFS.
The offering is targeted towards those with salaries between £40,000 and £150,000.
The new combined solution will allow clients to issue, transfer and securely keep regulated digital assets.
Mahalo Banking provides online and mobile banking solutions for credit unions.
Feedzai’s RiskOps platform will help strengthen the security of ARBM’s upcoming digital bank offering.
The solution leverages analytics, AI and cloud to deliver “instant” credit decisions to support digital lending.
Banks are increasingly interested in partnering with B2B fintechs to enable quicker digital transformation.