Month : February 2021

Financial Institutions Say Governments Must Take More Active Role in AML Efforts to Improve Effectiveness: ACAMS Survey
Banking News Risk Management

Financial Institutions Say Governments Must Take More Active Role in AML Efforts to Improve Effectiveness: ACAMS Survey

Fintech News Desk
by Fintech News Desk0
Financial institutions welcome plans to regulate firms for anti-money laundering (AML) efficacy but say more input is needed from governmental officials to ensure that their compliance efforts are effective, according to a new global survey of financial crime experts commissioned by ACAMS. The survey, which was launched in partnership with......
NYMBUS Raises $53 Million in Series C Funding Led by Insight Partners
Banking Fintech Fintech Funding Investment Services News

NYMBUS Raises $53 Million in Series C Funding Led by Insight Partners

Fintech News Desk
by Fintech News Desk0
NYMBUS, a leading provider of banking technology solutions, today announced a $53 million financing round led by existing investor Insight Partners – notable for backing ScaleUp SaaS companies with capital and operational support. Nymbus will leverage the latest funds to empower financial institutions with expanded access to its unique GROW......
First Investments of AMTD ASEAN Solidarity Fund, Calvin Choi: Proud To Support The FinTech Community In Singapore
B2B Banking Business Digital Fintech Insights Machine Learning News

First Investments of AMTD ASEAN Solidarity Fund, Calvin Choi: Proud To Support The FinTech Community In Singapore

Fintech News Desk
by Fintech News Desk0
AMTD Singapore Solidarity Fund Pte. Ltd., under AMTD ASEAN Solidarity Fund Group (“AMTD ASEAN Solidarity”), announced its first batch of investments in five innovative FinTech companies spanning across AI, SME financing solutions, insurtech, cross-border payment platform and card payment solutions. This first batch of investments amounted to S$11.5 million through a variety......
Tech CU Partners With Backbase to Digitally Transform the Credit Union Member Experience
B2B Business Digital Fintech News

Tech CU Partners With Backbase to Digitally Transform the Credit Union Member Experience

Fintech News Desk
by Fintech News Desk0
New Partnership With Backbase Will Allow Tech CU to Continuously Develop and Release New Digital Services Faster Than Ever Tech CU, a leading credit union serving California’s technology community, announced today that it has engaged engagement banking technology provider Backbase to overhaul its members’ banking experience and implement a brand-new......
Qonto And Raisin Join Forces To offer German businesses An Escape From Negative Interest
Banking Business Fintech News

Qonto And Raisin Join Forces To offer German businesses An Escape From Negative Interest

Fintech News Desk
by Fintech News Desk0
Business customers in Germany have one of the highest interest burdens in Europe, with the average rate on term deposits now at -0.42%. To this end, the European business account Qonto is cooperating with Raisin to bring its customers in the German market higher rates. Qonto customers – primarily SMEs......
Recognise Implements nCino to Provide Agility and Flexibility to Its Clients and Team
Banking Business Cloud Fintech News

Recognise Implements nCino to Provide Agility and Flexibility to Its Clients and Team

Fintech News Desk
by Fintech News Desk0
SME-focused challenger bank goes live on the cloud-based platform to help ensure its client interactions are relationship-led and digitally enabled  nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the go-live of the nCino Bank Operating System® with new SME banking......
Deutsche Börse Seals 81% Majority Takeover Of ISS
Business Fintech Investment Services News

AppFrontier Announces The Launch Of Chargent 6.0, A Major Update To Its Top Rated Payments App on Salesforce AppExchange

Fintech News Desk
by Fintech News Desk0
AppFrontier has launched Chargent 6.0, a new version of its top rated Salesforce payments app on the AppExchange. A major upgrade to the platform first released in 2008, this latest release puts self-service payments in Salesforce Communities, automated collections for failed payments, and recurring billing in easy reach for any......
The Family Office Launches Its Digital Platform
Capital Markets Cryptocurrency Digital Fintech News

The Family Office Launches Its Digital Platform

Fintech News Desk
by Fintech News Desk0
The Family Office Company B.S.C. (c), the Bahrain-based global wealth manager (with an office in Saudi Arabia regulated by the Capital Markets Authority, and its investment management arm Petiole Asset Management in Zurich, Switzerland), announced the launch of its proprietary digital platform, which is accessible through a dedicated client mobile application, enabling clients to......
Scotiabank Commits $1 Million to Net Zero Research Fund
Business Capital Markets Currency Exchange Economy Fintech News

Scotiabank Commits $1 Million to Net Zero Research Fund

Fintech News Desk
by Fintech News Desk0
As part of its continued efforts to combat climate change, Scotiabank has established a Net Zero Research Fund to initiate partnerships with leading think tanks and academic institutions that are supporting key sectors in their efforts to decarbonize.  Read More: Nuvei Enhances Chargeback Offering, Preventing More Fraud Before it Happens......
Mauritius Commercial Bank Taps Windward's AI Solution to Optimize Trade Finance and Compliance Processes
Banking Fintech News Risk Management Trading

Mauritius Commercial Bank Taps Windward’s AI Solution to Optimize Trade Finance and Compliance Processes

Fintech News Desk
by Fintech News Desk0
Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and The Mauritius Commercial Bank Ltd. (MCB), the longest-standing and leading banking institution in Mauritius, announced a long-term, multi-year partnership to enhance MCB’s due diligence and monitoring processes linked to its commodity trade finance business. Windward’s AI-powered solution......
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