Category : Banking

Banking Business Fintech News

Web Summit: Revolut Founder and CEO Nikolay Storonsky Discusses Regulation and Competition From the East, and From Western Banks

Fintech News Desk
by Fintech News Desk0
Revolut founder and CEO Nikolay Storonsky talked about replicating the success of superapps from the east, and competition from traditional banks and tech companies. “I think there is less competition compared to the east. Here our competition is only banks, and to be honest they are not that sophisticated.” Nikolay Storonsky joined European......
Banking Business Fintech News

Societe Generale: Two Major Strategic Initiatives in French Retail Banking

Fintech News Desk
by Fintech News Desk0
TWO MAJOR STRATEGIC INITIATIVES IN FRENCH RETAIL BANKING  The Group today announces two major strategic initiatives in French Retail Banking through the planned merger of Crédit du Nord and Societe Generale, on the one hand, and the further development of Boursorama, on the other hand. Read More: A-Team Group Recognizes......
Banking Capital Markets Fintech Investment Services News

Guggenheim Securities Hires Michael Amez to Expand Middle Market Investment Banking Practice

Fintech News Desk
by Fintech News Desk0
Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced that Michael Amez has joined the firm as a Senior Managing Director to expand its middle market investment banking coverage and will focus on advising companies in the technology sector. Mr. Amez joins Guggenheim from William Blair,......
Banking Business Fintech News

Bank Muscat and Newgen Software Win Award for the Best Lending Implementation in the Middle East

Fintech News Desk
by Fintech News Desk0
The bank improved their loan processing time by 42% with Newgen’s retail lending solution Bank Muscat, the leading financial services provider in the Sultanate, and Newgen Software were recognized for the ‘Best Lending Implementation in the Middle East‘ at The Asian Banker Middle East and Africa Awards 2020. The felicitation ceremony was......
Banking Currency Exchange Fintech News

WorldRemit Leads the Way Offering a USD Payout Option in Nigeria

Fintech News Desk
by Fintech News Desk0
New CBN rules allow beneficiaries to withdraw funds in USD to boost formal remittances to Nigeria WorldRemit, a leading digital cross-border payments business has announced that its customers in Nigeria can now receive remittances in foreign currency (USD) through its cash pick up providers. Following the announcement of the Central......
Artificial Intelligence Banking Business Fintech News

Deutsche Bank and Google Cloud Sign Pioneering Cloud and Innovation Partnership

Fintech News Desk
by Fintech News Desk0
− Deutsche Bank and Google Cloud to co-innovate the next generation of cloud-based financial services − The bank’s move to the cloud will improve resilience, deliver new capabilities to market quicker and reduce cost over time − Co-innovation use cases already being explored include new lending products, one retail bank......
Artificial Intelligence Banking Fintech News

KanKan AI Announces the Release of its Smart Customer Retail Platform for the Banking Industry

Fintech News Desk
by Fintech News Desk0
Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence (“AI”) solutions and digital media properties, today announced that several large banks in China, including the Bank of China, have installed the Smart Customer Retail Platform created by Remark’s KanKan AI business to act as a centralized, interactive hub......
Banking Business Fintech News

HSBC Announces Nuno Matos as Incoming Chief Executive of Wealth and Personal Banking

Fintech News Desk
by Fintech News Desk0
Nuno Matos is appointed as Chief Executive of Wealth and Personal Banking (WPB), subject to regulatory approval. He will report to Noel Quinn, Group CEO, and join the Group Executive Committee. Nuno is currently the Chief Executive of HSBC Bank plc, the UK non-ring-fenced bank, and Chief Executive of HSBC......
Banking Business Fintech News

Earnix Enhances the Machine Learning, Automation And Personalization Capabilities of its Solution with New Robust Features

Fintech News Desk
by Fintech News Desk0
Today, Earnix, a leading provider of advanced rating, pricing and product personalization solutions for insurers and banks, announced significant enhancements to its analytical, automation and personalization capabilities. This is a culmination of continuous innovation, aimed at empowering insurers and banks to meet consumers’ needs with personalized rates, prices and product offerings......
Banking Business Fintech Investment Services News

Societe Generale: Launch of a Unique Savings Solutions Offer by Strengthening the Partnership Set-Up

Fintech News Desk
by Fintech News Desk0
Starting in the first quarter of 2021, Societe Generale will become the first and only major bank in France to operate in open architecture for all clients of its two retail banking networks. New innovative partnerships have been forged with six asset management companies, allowing savers served by the Societe......
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