Visa Direct expands to Europe
Visa has unveiled its European debut of Visa Direct, its real-time payments platform that allows for person-to-person (P2P), business-to-consumer (B2C) and business-to-business (B2B) payments.
Visa has unveiled its European debut of Visa Direct, its real-time payments platform that allows for person-to-person (P2P), business-to-consumer (B2C) and business-to-business (B2B) payments.
MRI Software, a real estate software solutions provider, has formed a partnership with KeyBank to provide clients access to its AvidXchange powered payment automation solution, KeyTotal Pay.
AsiaKredit, a Southeast Asia digital consumer lender, has unveiled pera247 in the Philippines – its data-driven consumer lending platform mobile app.
Clearing houses and central clearing counterparties (CCPs) play a pivotal role in managing collateral and counterparty risk, in increasing standardisation and transparency of financial markets, and in the credit enhancement process for clearing banks. For such systemically critical functions, how appropriate are innovative new technologies such as distributed ledger technology (DLT)?
Advisory tools tech company BondIT landed $14 million in funding from China-based Fosun Group.
POPin Video Banking Collaboration is merging with BankOn Mobile Video by Financial Town to create “the first interactive mobile video banking solution” for credit unions, banks and other financial service providers in the US.
A report released last year by EY and major Singaporean bank DBS declared China the “undoubted centre of global fintech innovation and adoption”. And China isn’t the only Asian country making waves in the fintech sphere. Overall fintech investments in the Asia-Pacific region reached $10.5 billion in 2016 – the highest amount witnessed to date since 2010, according to CB Insights data.
Three of Australia’s largest banks, The Commonwealth Bank (CBA), National Australia Bank (NAB) and Westpac have partnered to create Beem – a new mobile peer-to-peer (P2P) payments platform.
The European Banking Federation (EFB) has released survey stats that show that European banks last year invested more than €18 billion in software.
Enterprise software firm R3 and 22 of its member banks have developed a solution that leverages distributed ledger technology (DLT) to enable “fast, efficient and cost-effective” cross-border payments.
Trick or treat! It’s Halloween and brands everywhere are using spooky season as a way to have some fun with customers. However, any ghoulish behaviour belongs firmly in the land of fun, and should not creep into everyday customer interactions
We are happy to announce the 2017 Banking Technology Awards shortlisted candidates!
Clydesdale and Yorkshire Banks (CYBG), through its digital banking service B, is launching new technology in November 2017 to enable customers to pay in cheques using its mobile banking app, B.
Polish fintech group ZenCard, alongside three other companies, is set to launch its technologies on the Finnish market after winning the OP Smart Commerce programme led by OP Financial Group.
National Bank of Pakistan (NBP) has picked a core banking system and vendor for its operations in Afghanistan – Autosoft Dynamics and its flagship Autobanker offering.
ING Belgium has opened doors to its first “client house” branch, which the bank describes as “a place where retail, business and private banking customers can walk in and enjoy a good coffee and receive personal service”.
Google wants to become an enterprise cloud provider, so why not team up with the company that rules enterprise-networking market share?
Someday, the consistent growth in sales for Amazon Web Services (AWS) and Microsoft Azure will have to stop, writes Enterprise Cloud News (Banking Technology’s sister publication). “Someday” isn’t today.
Cognitive analytics company Personetics has launched Personetics Act to offer banks a way to help customers repay their student loans ahead of schedule.
$43.7 billion for Amazon, $27.7 billion for Google and $24.5 billion for Microsoft. And it hasn’t even hit the Christmas sales period yet.
Artificial intelligence (AI)-generated marketing campaign company Persado has unveiled a new product, along with a fresh $30 million credit facility to fuel further expansion.
Natasha Kyprianides, group head of digital banking and innovation at Hellenic Bank, gives the lowdown on how to apply the partnership strategy in practice and achieve real results.
Brazilian fintech Nubank will soon be offering digital banking accounts in addition to its credit card business. The move will provide access to billpay, account-to-account transfers, and the ability to earn more in interest than is available with a regular savings account.
New York to roll out a contactless fares system across its public transport network, based on the system developed by Transport for London (TfL).
Just when you thought there couldn’t be more; the latest stories from the fintech funding world returns for another round. Features Constellation, Credit Sesame and Jirnexu.
CULedger, a US-based credit union consortium formed by the Credit Union National Association (CUNA) and the Mountain West Credit Union Association (MWCUA), has selected Swirlds’ hashgraph technology as a key component of its permissioned, distributed, shared ledger platform for credit unions.
JP Morgan Chase has launched its new mobile banking app, Finn. Designed for millennials, Finn will allow customers to open a bank account, make deposits, track spending and set up a saving plan.
Lipetskcombank (LKB), one of Russia’s largest regional banks, has launched its new LKB Online mobile app, underpinned by the Tranzware Mobile Banking system from paytech specialist Compass Plus.
A very detailed map of the current fintech landscape, produced by VentureBeat, listing hundreds of companies in the banking, payments, investments, financing, insurance, infrastructure and enabling technologies verticals.
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
Building loyalty means delivering convenience. But this means more than just delivering more sophisticated digital services. It means delivering a superior customer experience in every way the consumer interacts with your business.
Rocky Martinez, CTO and Haytham Kaddoura, CEO at SmartStream talk about the future of banking and how fintechs can help clients grow their business.
Fidor, a provider of digital banking solutions, has signed a partnership with Eight Inc, a “strategic design and innovation firm”, to launch Fidor Market, its digital marketplace.
ING Ventures, a new investment fund set up by ING, has €300 million to pump into fintech companies.
The question of the morality of artificial intelligence (AI) was one of the hot topics discussed at an event run by US-based Teradata. At day four (25 October) of the Teradata Partners Conference 2017 (22-26 October), in Anaheim, California, Banking Technology pulled up a chair and listened to the thoughts of the great and their livelihoods. To get […]
Consumer analytics company SelfScore has rebranded as Deserve.
Citing the strong “alignment between car shopper and car dealer motivation”, Global Lending Services has forged a partnership with auto financing specialist AutoGravity.
The UK peer-to-peer (P2P) lending market has flourished in the last decade. Lending volumes among the major platforms are increasing rapidly, pushing the cumulative total above £7 billion for the first time, as the understanding of the investment model continues to grow.
More of the latest stories from the fintech funding world. Features Verrency, Countingup, Finn.ai and Bud.
Customers trust financial firms with their details, so to protect the highly-sensitive information organisations must adhere to security and compliance standards. However, this can be challenging for employees as the processes can interfere with day-to-day operations.