Category : Banking

Banking Fintech News Risk Management

mBank Selects Wolters Kluwer’s OneSumX for Risk Management

Fintech News Desk
by Fintech News Desk0
mBank, Poland’s fourth largest banking group based on assets, has chosen Wolters Kluwer’s OneSumX for Risk Management as its risk software. The mobile digital bank operates across three markets in Poland, the Czech Republic and Slovakia. The bank will specifically use the Wolters Kluwer’s solution for Asset and Liability Management (ALM) as......
Banking Fintech News

World Retail Banking Report 2020: 57% of Consumers Prefer Internet Banking in the COVID-19 Era

Fintech News Desk
by Fintech News Desk0
Progressive core banking transformation enabled by shift to platform-based models can help banks take swift action to improve innovation, growth, profits and operational efficiency Retail banks are facing pressure to transform as new entrants focused on customer experience gain significant market traction, according to the World Retail Banking Report 2020 (WRBR)......
Banking Business Fintech News

Blue Prism Automates SBA PPP Loan Processing at Banks Saving More Than 85,000 Jobs and Helping Small Businesses Stay Afloat

Fintech News Desk
by Fintech News Desk0
Proven Solution Supports Rounds of Federal Funding, Enabling Same-Day Processing of Thousands of Applications from Submissions, Bank Review, Underwriting, SBA Reporting, Approvals and Payment Blue Prism has teamed-up with Lateetud and ABBYY to support the US government’s latest COVID-19 relief efforts for small businesses, by helping to automate loan applications during the two rounds of funding, $349......
Banking Business Fintech News

Qube Money and Galileo Financial Technologies Form Innovative Partnership

Fintech News Desk
by Fintech News Desk0
Qube Money, an up-and-coming fintech company, has formed a partnership with Salt Lake City-based Galileo Financial Technologies to deliver a banking solution where consumers activate their money on a debit card in real time before each purchase to create financial awareness and intentional spending. This relationship enhances the consumer’s ability to......
Banking Fintech InsurTech News

Eldermark Integrates with Paysafe to Provide Swift and Profitable Business Transactions

Fintech News Desk
by Fintech News Desk0
Eldermark, an acclaimed healthcare technology provider for the senior care industry, announced today its integration with Paysafe, a leading specialized payments platform, to bring customers greater convenience with simplified payments. Eldermark’s senior living customers can now easily make payments via ACH and credit card. Many senior living communities and their business......
Banking Big Data Currency Exchange Featured Fintech

Top Cloud Players that are Redefining Global Banking

Fintech News Desk
by Fintech News Desk0
By leveraging the latest cloud innovations, banks can keep pace with the rapidly growing market and changing consumer needs. After the cloud system was introduced to banks, 61% of the incumbents from the financial industry quoted that cloud was only a formative strategy in their IT plans. Now, a few years......
Banking Business Fintech News

Cross River One of Top Paycheck Protection Program (PPP) Lenders in the Country, Saving Nearly 600,000 Jobs Through 105,000 Loans

Fintech News Desk
by Fintech News Desk0
Cross River Bank (“Cross River”), a leading innovator and provider of banking services for technology companies, announced that it has approved more than $4.7 billion in loans to small businesses across the country through both rounds of the Small Business Administration’s (SBA) Paycheck Protection Program (“PPP”). With an average loan......
Artificial Intelligence Banking Economy Fintech News

The Number of Banking Executives Saying New Technologies Will Drive Global Banking Rises by 57% in a Year, Reveals Economist Intelligence Unit Report Released by Temenos

Fintech News Desk
by Fintech News Desk0
Two-thirds of banking executives believe that new technologies such as AI, machine learning will continue to have the greatest impact on the global banking sector in the next five years, according to a global survey conducted by the Economist Intelligence Unit (EIU) on behalf of Temenos, the banking software company.......
Banking Fintech News

Ping Identity Releases Consumer Data Right Sandbox to Fast-Track Open Banking Adoption in Australia

Fintech News Desk
by Fintech News Desk0
Ping Identity, the Intelligent Identity solution for the enterprise, announced the release of its Australian Consumer Data Right (CDR) sandbox environment to allow banks and FinTech companies to jumpstart their CDR compliance efforts. Read More: Kensho Collaborates with NVIDIA to Advance Automatic Speech Recognition “Our customers have been under a......
Banking Fintech News

Fulton Bank Adopts nCino to Improve Customer Experience and Enhance Efficiency

Fintech News Desk
by Fintech News Desk0
Slalom helps Fulton implement the nCino Bank Operating System nCino, the worldwide leader in cloud banking, today announced that Pennsylvania-based Fulton Bank, part of Fulton Financial Corporation, has adopted its Bank Operating System to better serve its customers and improve operational efficiency. To implement the nCino platform, Fulton Bank also partnered with Slalom, the modern......
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