Category : Banking

Banking Fintech News

Citi Enhances Middle Office Services with New Client Reporting Solution

Fintech News Desk
Citi has launched a new client reporting solution as the latest enhancement to its middle office services. The new reporting service is built on the industry’s latest technology, including the Vermilion Reporting Suite, a leading global client reporting platform, coupled with Citi’s own Clarity data and analytics platform. Read More:......
Banking Currency Exchange Fintech Trading

Finzly Wins ā€œBest Enterprise Payments Solutionā€ and ā€œBest of Showā€ at FinovateFall 2020

Fintech News Desk
Payment Galaxyā„¢ recognized for excelling in the area of enterprise payments, BankOS demo named a conference favorite. Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital banking, has been awarded ā€œBest Enterprise Payments Solutionā€ forĀ Payment GalaxyĀ (Finzly’s payment hub) at the 2020Ā Finovate Awards. Additionally,......
Banking Business Fintech News

IBM Modernizes Financial Transaction Solution on Red Hat OpenShift to Give Banks the Flexibility of Hybrid Cloud

Fintech News Desk
IBM (NYSE: IBM) today announced the release of a new version of its Financial Transaction Manager (FTM) solution, updated and containerized to run on Red Hat OpenShift and designed to help banks and financial institutions take advantage of the flexibility of hybrid cloud. FTM is an integrated payments platform that......
Banking Business Fintech News

Intuit Launches Omnichannel Sales Platform QuickBooks Commerce

Fintech News Desk
QuickBooks Commerce gives small businesses access to millions of new customers Open platform creates single hub for preferred marketplaces and business solutions; sales from Amazon, Squarespace, ShopKeep reconcile within QuickBooks’ technology Intuit launched QuickBooks Commerce, a business management platform to help small businesses attract and sell to new customers across......
Banking Fintech News

FIS Partners with The Clearing House to Bring Real-Time Payments to U.S. Financial Institutions

Fintech News Desk
Quick facts New FIS managed service eases the process for small-to-mid-sized banks and credit unions to connect to the RTP® network from The Clearing House. First Bank and Nano Banc are among the first banks to begin real-time payment processing and settlement through the FIS managed service. As consumers and businesses......
Banking Fintech News

CIBC Innovation Banking Provides Eventus Systems with US$5 Million Growth Financing Facility

Fintech News Desk
CIBC Innovation Banking today announced a US$5 million growth capital financing facility for Austin-based Eventus Systems Inc., a multi-award winning global trade surveillance and market risk software platform provider. The additional capital is available to support the firm’s continued strategic growth and international expansion. Read More: Santander UK Wins Multiple......
Banking Business Fintech Investment Services Mobile Banking News

B2B Fintech Zoop Receives R$ 60 Million Investment Led by Movile

Fintech News Desk
The B2B fintech grew its Total Payment Volume (TPV) by 140 percent during the last 12 months. Zoop will use the new funding to further accelerate the growth of its payments, banking and credit verticals Movile, one of Latin America’s leading investors and growth accelerators for technology companies, announced the......
Banking Fintech Fintech Funding Guest Posts

How Are Neobanks Changing The Face Of Banking Today?

David Smith
The inequality gap in America continues to grow at a staggering rate. The CEO-to-worker compensation ratio was 21-to-1 in 1965.Ā In 2019 the ratio was 320-to-1. If you made $10 an hour in 1965, the CEO of your company would have made $210 an hour. In contrast to today, if you......
Banking Fintech News

Nomis Mortgage Platform Gains Market Momentum with Rapid Adoption by Banks and Lenders, Support from Ecosystem Partners

Fintech News Desk
Usage of industry’s most advanced mortgage pricing analytics tool grows 125% since launch; mortgage institutions are developing new techniques to succeed in competitive markets; Heitman Analytics and Sales Boomerang integrate Nomis nSights into their service offerings Nomis Solutions, a fintech innovator focused on ensuring on-going value creation for the world’s......
Banking Fintech News

Technology Company Deluxe’s New Survey Shows That Pandemic Accelerates Move to Digital Accounts Payables and Accounts Receivables Solutions

Fintech News Desk
Significant business continuity plan gaps have been revealed, and 48% are accelerating their move to digital processes Today, Strategic Treasurer and Deluxe release the results of the inaugural Modernizing Accounts Payable (AP) & Accounts Receivable (AR) Processing Survey. Results show the current status and trajectory of AP/AR automation, as well......
1