Vietnam’s OCB taps Backbase for personalised digital banking solution
The project implementation will be led by Backbase’s partner SmartOSC.
The project implementation will be led by Backbase’s partner SmartOSC.
With NetGuardians’ solution, the bank aims to strengthen its fraud prevention capabilities.
FrauDfense is a new company set up to enable the exchange of information between the three banks.
Its digital commerce business is to be called NCR Voyix, while its ATM business will be known as NCR Atleos.
The eight-page letter was delivered to a court in Munich through Marsalek’s defence lawyer.
Founded in 2019, Gimo provides flexible pay and financial wellbeing solutions for underbanked workers in Vietnam.
The digital bank says it has now raised around €100m in funding over this year alone.
The confirmation comes two years after the digital bank launched in the UK.
Bain Capital will pick up a 90% stake, with current CEO Gaurav Gupta retaining the other 10%.
The bank has seen its customer count jump from around 123,000 during FY22 to 224,000 at present.
The Amazon One technology allows users to complete transactions using just their hand.
15 fintechs including Wise, Monzo, Revolut and Klarna have penned an open letter to UK chancellor Jeremy Hunt.
The Digital Sandbox has previously only been available to developers via pilots and TechSprints.
Martijn Stoker joins HSBC from JP Morgan, and Melissa Tuozzolo from Bank of America.
The PSR’s future direction on the NPA was outlined in its annual plan and budget for 2023/24.
A new cartoon illustrating how the crypto community is starting to believe we’re at the start of another bull market.
Clockwise’s IT manager says the launch is a “culmination of a huge amount of work over the past six years”.
The closures, which will take effect in October, will leave Virgin Money with 91 bank branches in the UK.
The company will put the funding towards enhancing its software and furthering its market expansion.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
N26 Brazil has laid off around 20 staff, according to local news outlet Estadao.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Salmon says the investment marks the “largest ever” debt financing for a Series A tech company in the Philippines.
The San Marino-based fintech will deploy Finastra’s SaaS solution for high-value corporate payment processing.
FedNow operates in parallel with the Federal Reserve’s existing payment services, Fedwire and FedACH.
Wagman joins Rapyd from the Israel Money Laundering and Terror Financing Prohibition Authority (IMPA).
The complaint was filed by a Mexican citizen in June, according to El Economista.
The Fed says it found that Deutsche Bank made “insufficient remedial progress” in fixing its AML controls.
The start-up has also launched a new business card in partnership with Visa to help digital creators access credit.
The agreement is set to bring approximately 285,000 new customers to Nordea.
The signing and project kick-off took place this week in Yangon, Myanmar.
N26 will reportedly continue to be restricted to 50,000 new customer acquisitions per month.
The Swedish fintech has appointed Alexander Kassai as COO and Fredrik Strömqvist as CFO.
The latest investment follows Sylvera’s $32 million Series A round held in January 2022.
The partnership will see Stanford FCU leverage Agent IQ’s digital engagement platform Lynq.
The funding will be used to lend to SMEs in the UK, Australia and Netherlands.
The start-up will use the funds to accelerate its research and product development and boost its marketing activity.
Hamdan joins the bank from Jordan’s first neobank Blink, where he served as platform lead since December 2021.
Starling Bank will utilise Napier’s anti-money laundering (AML) and counter-terrorism financing (CTF) technology.
All three are preparing their organisations for future growth with higher member engagement.