Category : Banking

Banking Fintech News

Barclays Appoints Craig Stine as Vice Chairman, Global Financial Institutions Group (FIG) Banking

Fintech News Desk
by Fintech News Desk0
Barclays announces the appointment of Craig Stine as Vice Chairman, Global Financial Institutions Group (FIG) Banking. Mr. Stine will be based in New York, and will report to Tim Main, Global Head of FIG Banking at Barclays. Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen......
Banking Fintech News

Fifth Third Bank Named a Best Place to Work for Disability Inclusion

Fintech News Desk
by Fintech News Desk0
Bank scores a 90% on Disability Equality Index Fifth Third Bank, National Association, has been named for the first time one of the best places to work for people with disabilities as part of the 2020 Disability Equality Index (DEI), the nation’s most comprehensive benchmarking tool for disability inclusion. The......
Banking Fintech News

STRAX: STRAX AB Secures MEUR 30 Financing Through Proventus Capital Partners

Fintech News Desk
by Fintech News Desk0
For the last five years a bank consortium consisting of four German banks have provided the majority of the long-term interest-bearing financing for the STRAX Group. The current financing facility matures in October 2020 and as a result STRAX has evaluated several financing alternatives in the last 6-9 months. Read More: Banks......
Banking Fintech News

MX Announces Money Experience Summit 2020

Fintech News Desk
by Fintech News Desk0
MX, the leading financial data platform helping organizations harmonize the money experience, announced Money Experience Summit 2020, an exclusive, two-day online event for leaders in the banking and fintech industry to be held Sept. 1-2, 2020. The first-annual event will feature four inspiring keynote speakers, 30+ breakout sessions from industry......
Banking Fintech Investment Services News

Bond Raises $32M Series A

Fintech News Desk
by Fintech News Desk0
Bond Financial Technologies, Inc., a company building an enterprise-grade financial technology platform, announced it has raised a $32M Series A to connect digital brands to banking partners without the friction that has beset early movers in fintech. Coatue led the investment round, with participation from existing seed investor Canaan and new strategic......
Artificial Intelligence Banking Fintech News Risk Management

Banks Must Resolve Explainability and “Black Box” Risk Governance Challenges to Succeed With AI Post-Pandemic, Says Economist Intelligence Unit Report Supported by Temenos

Fintech News Desk
by Fintech News Desk0
Data bias, “black box” risk, and lack of human oversight are the main governance issues for banks using AI, according to the Economist Intelligence Unit (EIU) report “Overseeing AI: Governing artificial intelligence in banking”. The report is based on a review of global regulatory guidance on AI risks and governance......
Banking Fintech News

ACI Worldwide Accelerates Real-Time Payments Modernization with New Digital Overlay Services

Fintech News Desk
by Fintech News Desk0
ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced it is accelerating real-time payments modernization for its customers globally through new digital overlay services. ACI, through collaboration with Mindgate Solutions, now delivers value-added digital overlay services through its UP Real-Time Payments solution, enhancing customer experience......
Banking Fintech Mobile Banking News Risk Management

Experian Partners With Global Data Consortium To Bolster International Customer Identity Verification

Fintech News Desk
by Fintech News Desk0
New solution provides comprehensive package for clients with global customer bases to quickly and efficiently confirm identity Experian and identity verification provider Global Data Consortium (GDC) have today announced a new partnership which will transform customer onboarding journeys for both international and new-to-country customers. The agreement enables Experian clients to......
Banking Fintech Guest Posts

Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant

Johanna Pugh
by Johanna Pugh0
Giants have fallen when they reacted too slowly to changing consumer needs. Kodak, despite developing the first digital camera, did not believe digital photography would dominate the market, and therefore did not leverage the opportunities their discovery offered. They chose to focus on film, not innovation, and fell after a......
Banking Fintech Mobile Banking News Risk Management

As Social Distancing Drives Rapid Migration to Digital Platforms, New Research Confirms the Importance of a Secure, Easy Onboarding Experience

Fintech News Desk
by Fintech News Desk2
IDology’s Third Annual Consumer Digital Identity Study captures timely insights on how Americans view identity, digital account opening and fraud In the last six months, an astounding number of consumers have migrated their everyday activities and transactions to online and mobile platforms out of necessity. As digitization accelerates, new research......
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