Category : Banking

Banking Fintech News Risk Management

Uzbekistan’s People’s Bank Selects Finastra to Transform Risk Management Business

Fintech News Desk
by Fintech News Desk0
Finastra announced that People’s Bank, a retail and commercial bank in Uzbekistan, is deploying Fusion Risk. The technology will automate the bank’s risk management business, enabling it to become more efficient, whilst managing all types of risk including credit, market, operational, liquidity and interest rate. Finastra partners, local fintech FinExtra Group and IT......
Banking Business Fintech News

Wipro Selected as Strategic Partner by Metro Bank to Drive IT Transformation

Fintech News Desk
by Fintech News Desk0
The partnership will leverage Wipro’s Digital and Quality Engineering capabilities to transform Testing and Environment Management Services for the bank Wipro Limited, a leading global information technology, consulting and business process services company, announced that Metro Bank, a large UK based retail and commercial bank, has awarded a multi-year contract......
Banking Business Fintech News

Transact Bank Establishes Commercial Payments Focus with Flexible Core Platform from Fiserv

Fintech News Desk
by Fintech News Desk0
Bank transforms to meet market need for domestic and cross-border money movement Transact Bank, based in Denver, Colorado, is enabling its new focus on the financial needs of domestic and cross-border businesses with core account processing technology from Fiserv, a leading global provider of financial services technology solutions. Read More: GlobalFintechSeries......
Banking Fintech News

Subscription-Based Payments Set For Significant Growth According To Paysafe Research

Fintech News Desk
by Fintech News Desk0
27% of U.S. and global consumers expect the number of subscription payments they make to increase over the next 12 months Subscriptions exist today for a whole host of products and services, from getting laundry detergent pods delivered, to accessing entertainment, to driving a new car every three months. Seen......
Banking Blockchain Featured Fintech Fintech Startups

Global Fintech Start-ups and Unicorns Using Blockchain to Redefine the Segment

Fintech News Desk
by Fintech News Desk0
The people in the financial industry who have invested in blockchain development are going to reap a few benefits in the coming years. As more and more users adapt to this new economy, the effects will be larger and more significant. People today want to know all the details of......
Banking Featured Fintech

Facial Recognition Technology – The Next Big Thing In Fintech?

Paroma Sen
by Paroma Sen0
DBS Now Allows Users to Sign Up for Digital Banking Services Using Face Identification Facial recognition technology is set to create a big impact on the gamut of fintech offerings and innovations. In July 2020, DBS announced that Singpass users will be able to sign up to access a range......
Banking Fintech News

MetaBank Joins U.S. Faster Payments Council

Fintech News Desk
by Fintech News Desk0
MetaBank announced it has joined the U.S. Faster Payments Council (“FPC”). MetaBank, N.A. (“Meta”) is committed to leading the enablement of payments technology, and this announcement marks its latest expansion within the faster payments space. Meta is a federally chartered bank, a subsidiary of Meta Financial Group,  and a leader......
Banking Fintech Mobile Banking News

Glia Signs 20 Credit Unions in Four Months for Digital Member Service

Fintech News Desk
by Fintech News Desk0
Institutions select comprehensive communications and collaboration platform to evolve member service for a digital-first world Glia, a leading provider of Digital Customer Service, today announced that 20 additional credit unions across the U.S. have selected its communications and collaboration platform to improve how they serve members in a digital world. The......
Banking Business Fintech News

Intuit Introduces QuickBooks Cash, a New Business Bank Account With a 1% High-Yield Interest Rate

Fintech News Desk
by Fintech News Desk0
Intuit announced QuickBooks Cash, a business bank account that earns high-yield interest1, which, when used with the QuickBooks suite of business services, takes the complexity — and latency — out of managing finances for small business owners. QuickBooks Cash2 has no account opening fees, maintenance fees, minimum balances, overdraft fees, or......
Banking Fintech News

ACI Payments Receives Nacha Certified Status for its Bill Payment Offering

Fintech News Desk
by Fintech News Desk0
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced that its subsidiary, ACI Payments, Inc., has received Nacha Certified status. The Nacha certification verifies that ACI has achieved the highest standards of ACH payment processing outlined by Nacha for its bill payments solution, ACI Speedpay. The......
1