Category : Banking

Banking Finance News

Open Banking Market Driving Digital Financial Innovation

EIN Presswire
Open banking enables secure data sharing between banks and fintechs, boosting innovation, competition, and customer control while raising security concerns. DataM Intelligence has released a new research report titled “Open Banking Market Size 2026”. The report delivers in-depth insights into key market dynamics, including regional growth trends, market segmentation, CAGR......
Digital Payments Finance News

Indonesia Emerges as a Global Case Study for Inclusive Digital Payment

EIN Presswire
Inside Indonesia’s leading digital wallet, DANA, in making digital payments work across the nation Indonesia stands at the center of one of the world’s fastest-growing digital economies, defined not only by rapid adoption, but by its vast scale, diversity, and complexity. Home to more than 17,000 islands with over 270......
Banking Finance News

Piermont Bank Expands Fund Finance Capabilities to Support Emerging Fund Managers and Fast-Growing Businesses

Cision PRWeb
Barbara Fleming to head fund finance and spearhead the growing bank–fund partnerships powering innovation and economic growth Piermont Bank, a cloud-native commercial bank built for fast-growing companies, today announced the expansion of its fund finance capabilities, deepening its commitment to the evolving private capital and venture capital ecosystem and the......
Banking Finance News

Extole Joins Candescent Marketplace, Expanding Digital Growth Opportunities for Financial Institutions

PR Newswire
Extole, a rewards orchestration platform providing referral marketing and loyalty solutions, announced it has officially joined the Candescent Marketplace as a certified partner. The milestone builds on four years of successful collaboration between Extole and Candescent, delivering measurable growth for financial institutions. Through this expanded partnership, Candescent digital banking clients......
Banking Finance News

AIB Bank N.V. of Aruba Launches Digital Transformation Journey with Finastra Essence

PR Newswire
The strategic project positions AIB to launch the country’s first fully digital bank AIB Bank N.V. of Aruba (AIB Bank), a leading financial institution committed to innovation and customer service excellence, has announced its selection of Finastra Essence as its new core banking solution. This strategic move marks a significant......
Banking Digital Payments News

Nacha Announces Prometeo is a Nacha Preferred Partner for Account Validation/Open Banking

Business Wire
Nacha announced that Prometeo is now a Nacha Preferred Partner for Account Validation/Open Banking. “Account validation is a component of a sound risk management program for users of ACH payments, and a core part of keeping the ACH Network secure.” Prometeo uses a single API which translates multiple bank formats......
Banking Finance News

Backbase and Ninth Wave Partner to Bring Open Finance Connectivity to Commercial Banking

Business Wire
The partnership takes the complexity out of Open Finance connectivity, enabling banks to provide a modern banking experience to their business customers. Backbase, the leader in AI-native banking technology, and Ninth Wave, a leading provider of secure Open Finance connectivity, announced a strategic partnership that will enable banks to offer......
Banking Finance News

Intellect Announces Purpose-Built End-to-End Islamic Banking Functionality with eMACH.ai Islamic Banking

EIN Presswire
The comprehensive core banking platform, compliant with AAOIFI guidelines, enables the seamless delivery of Islamic banking from a unified, AI-powered platform Intellect Design Arena Limited, a cloud-native, future-ready, multi-product financial technology company, today announced the launch of eMACH.ai Islamic Banking. Built on a cloud-native, microservices-based platform, this comprehensive suite is AAOIFI-compliant and purpose-built......
Banking Cryptocurrency News

Zaheer Ebtikar Joins Plasma as Chief Strategy Officer, Strengthening Leadership Ahead of Plasma One Launch

Business Wire
Plasma, the company behind the first stablecoin-native neobank and the infrastructure powering it, has announced the appointment of Zaheer Ebtikar as Chief Strategy Officer. The appointment reinforces Plasma’s commitment to making stablecoins practical for everyday use worldwide, beginning with the launch of its stablecoin-native neobank, Plasma One. Read More on Fintech : Global Fintech Interview......
Banking Business Credit Bureaus Finance Fintech Funding Guest Posts Investment Services

Why Small Business Lending Is an Early Indicator of Economic Momentum

Will Tumulty
 With more than 33 million small businesses in the U.S., SMBs have long served as a bellwether for broader economic momentum. Operating close to the ground, SMB decisions about hiring, expansion and investment tend to reflect real-time economic sentiment. Unlike larger businesses that plan quarters (or even years) in advance,......
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