Category : Banking

Banking Business Fintech News

CLAI Payments Launches Paytester, an End-to-End Payment System Testing, Simulation Solution

Fintech News Desk
by Fintech News Desk0
New, Unique Solution Enables Financial Institutions, Banks, Retailers to Meet Consumer Demand as Holiday Shopping Season Approaches CLAI Payments ®, the leading provider of payment solutions, today announced PaytesterTM, an end-to-end payment system testing and simulation solution. This new addition to CLAI’s solution portfolio fulfills the needs of the ever-changing payments ecosystem,......
Banking Fintech News

CSI Supports ABA’s Financial Inclusion Initiative by Facilitating Bank On-Certified Accounts

Fintech News Desk
by Fintech News Desk0
Computer Services, Inc. (CSI), a provider of end-to-end fintech and regtech solutions, is joining the American Bankers Association (ABA) in supporting financial inclusion by enabling its bank customers to offer Bank On-certified accounts to consumers. Read More: Aumni Extends Series A to Include Orrick, Donnelley Financial Solutions and DLA Piper......
Banking Business Fintech News

Fifth Third Announces Appointment of Timothy N. Spence as President

Fintech News Desk
by Fintech News Desk0
Fifth Third Bancorp (Nasdaq: FITB) today announced the appointment of Tim Spence as president. His promotion will support the Company’s ongoing successful execution of its strategic initiatives and further strengthen its position as a leading regional bank. Read More: Lili, the All-in-One Banking App Designed for Freelance Workers, Raises $15......
Banking Fintech Investment Services News

Thoma Bravo to Acquire AxiomSL

Fintech News Desk
by Fintech News Desk0
Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors,  announced an agreement to acquire a controlling interest in AxiomSL, a leading provider of cloud-enabled risk management and regulatory solutions for banking, investment management, broker dealers and commodity trading institutions. The transaction is expected to close......
Banking Fintech News

The Central Bank of Ireland grants Modulr an EMI licence

Fintech News Desk
by Fintech News Desk0
UK and Ireland-based FinTech Modulr has announced it has secured an electronic money institution (EMI) licence from the Central Bank of Ireland for its Dublin-based entity, Modulr FS Europe Limited (638002), (hereafter referred to as Modulr Europe). Read More: QRius Pay Launches Innovative QR Code Donation Platform for Nonprofits Modulr Europe......
Banking Fintech News

DBS named Asia’s Safest Bank for 12th consecutive year

Fintech News Desk
by Fintech News Desk0
DBS Bank announced that it has been named the “Safest Bank in Asia” for the 12th consecutive year by New York-based trade publication Global Finance. DBS’ rankings as the fourth-safest commercial bank in the world and 14th safest bank globally remain unchanged from 2019 and 2018. Read More: Cboe Global......
Banking Business Fintech News

Accor and BNP Paribas Become Strategic Partners to Launch a Co-Branded Payment Card in Europe

Fintech News Desk
by Fintech News Desk0
Accor, a world leader in hospitality, and BNP Paribas, the leading bank in the eurozone and a key international banking player, announce that they have concluded a pan-European partnership to launch a unique co-branded payment card. Members of the ALL-Accor Live Limitless lifestyle loyalty program who subscribe to the card will be able......
Banking Fintech News

Nium Set To Improve Services To Customers In Brazil And Turkey

Fintech News Desk
by Fintech News Desk0
Open banking is transforming financial ecosystems all over the world. Since the European directive on digital payment services (PSD2) came into force on 2018, Europe has seen benefits for customers and businesses alike. Consumers have been given more control over the data and access to third party service providers, while businesses have......
Banking Business Fintech News

DBS is the First Bank in Asia to Launch Online Tracking for Cross-Border Collections for Businesses

Fintech News Desk
by Fintech News Desk0
Corporates in Singapore and Hong Kong can now access real-time visibility for both cross-border payments and collections at no additional cost DBS Bank is the first bank in Asia to launch real-time online tracking of cross-border collections to provide greater digital convenience to its corporate clients. This builds on the......
Banking Capital Markets Fintech News

US Community Banks Near Inflection Point–Consolidation to Accelerate During Recovery

Fintech News Desk
by Fintech News Desk0
U.S. community and regional bank mergers and acquisitions activity is recovering quicker than expected, which bodes well for the structural bank consolidation trend in the coming years, according to McLean, VA-based investment manager, FJ Capital Management (FJ Capital), an SEC-registered investment advisory firm founded in 2007 that manages approximately $800 million in net assets. Read......
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