Category : Banking

Banking Fintech News

Urban FT Launches Industry’s First ‘FinTech Core’ to Centralize FinTech Infrastructure Into One Tech-Hub

Fintech News Desk
by Fintech News Desk0
The X-35 FinTech Core™ gives financial institutions a centralized technology hub to integrate with and manage their third-party solution providers. Urban FT Group, Inc., one of the most progressive and successful FinTech companies serving the Banking and Payments industry, announced the launch of the X-35 FinTech Core™, an API-first, developer-friendly,......
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The Federal Reserve Bank of Boston announces collaboration with MIT to research digital currency

Fintech News Desk
by Fintech News Desk0
Project aims to understand the opportunities and limitations of possible technologies for CBDC The Federal Reserve Bank of Boston today announced a multiyear collaboration with the Digital Currency Initiative at the Massachusetts Institute of Technology to perform technical research related to a central bank digital currency. The research project will explore the......
Banking News

Devon Bryan Named as Chief Information Security Officer (CISO) for MUFG Union Bank

Fintech News Desk
by Fintech News Desk0
MUFG Union Bank announced that Devon Bryan has joined as Chief Information Security Officer (CISO) for MUFG Union Bank effective August 3rd and will be based in Jersey City, NJ. Read More: GlobalFintechSeries Interview with Anand Kumar Bajaj, MD & CEO at PayNearby Bryan will be responsible for establishing and maintaining a comprehensive information security strategy and program......
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Why do Banks Need to Refocus Efforts on Breaking Down User Behavior with Data?

Paroma Sen
by Paroma Sen0
Banks will need to focus on understanding changing consumer behaviors based on historic customer data to compete in a post Covid-19 world While global economies including banks and businesses reevaluate business plans and strategies and remote work policies, they need to also refocus their understanding of their customers based on......
Banking Fintech Guest Posts Investment Services Trading

Why Banks Are Only as Good as the Data That Underpins Their Trading

Tom Stock
by Tom Stock0
Imagine this scenario, the head of equities trading for one of the world’s largest investment banks is trying to navigate clients through the worst trading day since the 2008 financial crisis. $125bn is wiped off the value of major US firms, while the Dow tumbles more than 2,000 points after......
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FreeAgent launched integration with NatWest’s Online Banking

Fintech News Desk
by Fintech News Desk0
FreeAgent is now visible within NatWest’s online digital banking platform, allowing businesses who bank with NatWest to view their finances and accounting together. The Edinburgh based fintech has also launched a new partnership with UK insurer Hiscox, which will allow businesses to obtain an insurance quote directly from within the......
Banking Fintech News

Centric Bank Named to American Banker’s Top 200 Community Banks in the U.S. and Independent Banker’s 2020 Top Lenders

Fintech News Desk
by Fintech News Desk0
Centric Bank, the wholly owned subsidiary of Centric Financial Corporation (OTC: CFCX), has been recognized as one of American Banker’s Top 200 Community Banks in the U.S. for the second consecutive year, as well as one of Independent Banker’s Top Lenders for 2020. Read More: COVID-19 and Automation are Changing Finance for Good American Banker‘s annual......
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Blockchain Valley Ventures Appoints former Global Head of Investments at Credit Suisse Private Banking

Fintech News Desk
by Fintech News Desk0
Thomas Amstutz, will be appointed as BVV Asia-Pacific Chairman to capture the emerging fintech and blockchain opportunities between Switzerland and Singapore. Blockchain Valley Ventures (BVV), the Swiss-based venture capital firm and corporate finance advisor, announced today the appointment of Thomas Amstutz as the Asia-Pacific Chairman to bolster its private wealth......
Banking Fintech Investment Services News

Axis Securities introduces Global Investing for Indian Investors

Fintech News Desk
by Fintech News Desk0
Indian retail investors can now avail unlimited free trading in the US markets and invest in research- based model portfolios Axis Securities, a proud subsidiary of Axis Bank, announces the launch of Global Investing – a smart solution for Indian retail investors to add the best of US stocks to their......
Banking Business Fintech InsurTech News

BHARTI AXA LIFE INSURANCE AND SBM BANK INDIA FORGE BANCASSURANCE PARTNERSHIP FOR INSURANCE DISTRIBUTION

Fintech News Desk
by Fintech News Desk0
Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies, announced its bancassurance partnership with SBM Bank India, one of the youngest new age banks in the country,  for distribution of life insurance products through......
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