Category : Banking

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Open API Issuer-Processor QRails Raises $8M in Series A Funding

Abhishek Upadhyay
by Abhishek Upadhyay0
QRails recently announced the closing of a $8 million Series A funding round led by EFM Asset Management. QRails is a cloud-based, open API issuer-processor that facilitates inventive payment solutions globally. This brings the total funds raised by QRails to date to an estimated $18 million. Read More: HPS Introduces QR-Based......
Banking News

Citi Announces Changes to Its Foreign Exchange Vendor Platform Requirements

Fintech News Desk
by Fintech News Desk0
All foreign exchange platform vendors are required to sign the FX Global Code to achieve ‘priority’ status Citi announced a new set of requirements for its FX vendor platforms. Citi’s foreign exchange business is requiring foreign exchange platform vendors it connects through to commit to the principles of best practice......
Banking Fintech Fintech Radar Guest Posts Mobile Banking

Today’s Most Innovative Fintech Solution: A Refresh of an Industry Mainstay

Matt Withey
by Matt Withey0
Debit presents an opportunity to drive customer engagement and loyalty. Imagine a future where the average consumer has three or more debit accounts and the experience of banking is both personalized and seamlessly integrated into our lives. One account is similar to a traditional bank account. The second they keep......
Banking News

KlariVis Continues to Build Momentum

Fintech News Desk
by Fintech News Desk0
Former bankers provide data analytics platform that breaks down barriers, revealing transformative, actionable data KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, announced from the Independent Community Bankers of America’s ® (ICBA) 2020 National Convention, ICBA LIVE that Touchstone Bank, $468 million in assets; FVCbank,......
Banking News

All Banks in Aruba Now Offer Instant Payments Through IP-infrastructure of the Central Bank of Aruba Implemented by equensWorldline

Fintech News Desk
by Fintech News Desk0
Aruba’s entire banking community has switched to Instant Payments (IP) using the Clearing and Settlement Mechanism (IP CSM) of the Centrale Bank van Aruba (CBA), which was implemented by equensWorldline SE, a subsidiary of Worldline [Euronext: WLN], the European leader in the payments and transactional services industry. The implementation of this new......
Banking News

Mambu Selected by Nimble for Its Digital Banking Technology

Fintech News Desk
by Fintech News Desk0
Nimble, a provider of unsecured credit in Australia, has selected  Berlin-based Mambu’s pure SaaS solution as its new banking technology platform as the company has revealed its intention to ultimately offer mainstream digital banking services. The cloud-native platform will allow Nimble to develop lending products in-house, at a rapid pace, while the company begins......
Banking News

FirstBank Selects Finxact Core-as-a-Service to Power Rapid Innovation of New Digital Offerings

Fintech News Desk
by Fintech News Desk0
2nd Largest Bank in Colorado Continues its Innovative Streak Embracing Cloud-native Core Finxact, the emerging leader in Core-as-a-Service banking, announced that FirstBank, one of the largest privately held banks in the United States with over $19 billion in assets and 119 locations throughout Colorado, Arizona, and California, will launch new digital banking products and services on......
Banking News

Cyber Defence Alliance Partners With Anomali to Better Enable Sharing of Threat Intelligence Among Banking Members

Fintech News Desk
by Fintech News Desk0
The UK’s Cyber Defence Alliance, has formed a partnership with Anomali to enhance cybersecurity capabilities and automate the secure and meaningful sharing of threat intelligence with its banking members. The goal of the partnership is to strengthen member bank’s abilities to act against organised cyber-crime groups that carry out repeated attacks on......
Banking News

Virgin Money Australia Selected Temenos SaaS to Power the Digital Bank of the Future

Fintech News Desk
by Fintech News Desk0
Temenos banking software – delivered as SaaS built on modern cloud-native, cloud-agnostic and API-first technology – has been selected by Virgin Money Australia, a division of Bank of Queensland (BOQ), to simplify its digital business model and drive operational efficiencies Temenos, the banking software company, announced that it had been......
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