Category : Mobile Banking

Fintech Mobile Banking News

Avaloq’s Acquisition by NEC Successfully Completed

Fintech News Desk
by Fintech News Desk0
Avaloq, a Swiss-based global leader in digital banking solutions and wealth management technology, and Japan-based NEC Corporation announced the closing of NEC’s acquisition of Avaloq. Each being a market leader in their own field, the combination of their shared vision, technological strengths, and global presence, will accelerate both companies’ long-term......
Banking Business Mobile Banking News

Global Digital Bank, FV Bank Receives Regulator Permission to Provide Digital Asset Custodial Services

Fintech News Desk
by Fintech News Desk0
FV Bank a global digital bank based in Puerto Rico, today announced that it has received permission from the Puerto Rico Office of the Commissioner of Financial Institutions (OCIF) to provide custody services for digital assets such as Bitcoin and Ethereum. FV Bank will begin offering custody services seamlessly integrated......
Banking Business Fintech Mobile Banking News

Gojek Invests in Bank Jago to Accelerate Financial Inclusion in Indonesia

Fintech News Desk
by Fintech News Desk0
Investment made through Gojek’s payments and financial services arm, with ambition to provide millions of users with greater access to digital banking services Gojek, Southeast Asia’s leading mobile on-demand services and payments platform, has invested in Bank Jago, an Indonesia-listed technology-based bank, as part of a strategic partnership that will accelerate financial inclusion......
Fintech Mobile Banking News

Digital Payments are Gaining Ground in Latin America, but Cash-based Options still Respond for up to 20% of Digital Commerce

Fintech News Desk
by Fintech News Desk0
E-commerce in Latin America is expected to reach a 19% growth rate in 2021; payment methods such as digital wallets and debit cards are gaining traction Latin America is far from being a cashless economy: even during an unprecedented pandemic that forced millions of people to stay home, cash-based methods......
Business Fintech Mobile Banking News

PayPal Announces Additional $5 Million Grant Program for Black-Owned Businesses as COVID-19 Crisis Continues

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced an additional $5 million grant program that will further the company’s support for Black-owned businesses in the U.S., which have been disproportionately affected by the economic impacts of the COVID-19 pandemic. The new grant program is an extension of the $10 million PayPal Empowerment Grant program for Black-owned......
Banking Fintech Mobile Banking News

Backbase Opens Global Development Center to Accelerate Digital Transformation for Banks

Fintech News Desk
by Fintech News Desk0
Opening of a new Backbase Development Center in Krakow, Poland,  provides Financial institutions instant innovation power by having access to top engineering talent at scale.  Backbase, the Engagement Banking platform provider, today announced the opening of its new Global Development Center (BDC) in Krakow, Poland. The new BDC will enable......
Business Fintech Mobile Banking News

uCloudlink and ING Bank Bring High-quality Mobile Network Connectivity to the Banking Sector for Fifth Consecutive Year

Fintech News Desk
by Fintech News Desk0
UCLOUDLINK GROUP INC. (“uCloudlink”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, and ING Bank N.V. (“ING”) are entering their fifth year of cooperation for ING branches worldwide. Over the past half-decade, uCloudlink has remained committed in its efforts to help ING employees and users enjoy high-quality......
Artificial Intelligence Featured Fintech Mobile Banking

AI Powered Fintech Platforms That Are Enabling Better Cashless Payments

Fintech News Desk
by Fintech News Desk0
Artificial Intelligence makes cashless payments seamless and simple. Undoubtedly, artificial intelligence has turned out to be the backbone of the Fintech revolution. From the high yielding ROI to an added hand at cybersecurity and judging fraudulent activities before they happen, AI has multi-faceted uses that is helping fintech grow exponentially.......
Fintech InsurTech Mobile Banking News

Falcon Insurance Group Expands One Inc Implementation to Include ClaimsPay

Fintech News Desk
by Fintech News Desk0
Auto insurer adds outbound payment functionality after initial success with digital payment platform’s inbound solution.  One Inc, a digital payments platform provider for the insurance industry, is pleased to announce Falcon Insurance Group (Falcon) has selected to expand the company’s existing implementation of the One Inc Digital Payments Platform to include ClaimsPay.......
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