Search Results for: Retail Banking

London Fintech Updraft Raises £16m to Help People Break up With Their Credit Cards
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London Fintech Updraft Raises £16m to Help People Break up With Their Credit Cards

Fintech News Desk
by Fintech News Desk0
Updraft, a part lending, part credit report, and part financial planning app designed to tackle escalating consumer borrowing, has secured £16m in funding to help its member’s avoid unnecessary credit card and overdraft charges. The funding arrives in the form of equity and debt, with specialist investment firm Quilam Capital......
Bank Muscat and Newgen Software Win Award for the Best Lending Implementation in the Middle East
Banking Business Fintech News

Bank Muscat and Newgen Software Win Award for the Best Lending Implementation in the Middle East

Fintech News Desk
by Fintech News Desk0
The bank improved their loan processing time by 42% with Newgen’s retail lending solution Bank Muscat, the leading financial services provider in the Sultanate, and Newgen Software were recognized for the ‘Best Lending Implementation in the Middle East‘ at The Asian Banker Middle East and Africa Awards 2020. The felicitation ceremony was......
Deutsche Bank and Google Cloud Sign Pioneering Cloud and Innovation Partnership
Artificial Intelligence Banking Business Fintech News

Deutsche Bank and Google Cloud Sign Pioneering Cloud and Innovation Partnership

Fintech News Desk
by Fintech News Desk0
− Deutsche Bank and Google Cloud to co-innovate the next generation of cloud-based financial services − The bank’s move to the cloud will improve resilience, deliver new capabilities to market quicker and reduce cost over time − Co-innovation use cases already being explored include new lending products, one retail bank......
Les Matheson to Join Nab Executive Leadership Team
Banking Fintech News

Les Matheson to Join Nab Executive Leadership Team

Fintech News Desk
by Fintech News Desk0
National Australia Bank announced the appointment of Les Matheson to its Executive Leadership Team. Mr Matheson has been appointed Chief Operating Officer, with responsibility for UBank, Group Marketing, Corporate Affairs and other key strategic initiatives. Mr Matheson was Chief Executive Officer for Personal and Business Banking at the Royal Bank of......
Global eCommerce Transactions Jump in November Due to Earlier Start of Holiday Shopping Season, New Data from ACI Worldwide Reveals
Banking Fintech News

Global eCommerce Transactions Jump in November Due to Earlier Start of Holiday Shopping Season, New Data from ACI Worldwide Reveals

Fintech News Desk
by Fintech News Desk0
Global retail transactions increase 30 percent from Thanksgiving to Cyber Monday 2020 vs. 2019 New benchmark data from ACI Worldwide, a leading global provider of real-time digital payment software and solutions, revealed a 21 percent increase in eCommerce transactions globally in November 2020 compared to November 2019. This was driven by......
The Rising Online Consumption Curve in Latin America with the Pandemic – and What it Means for Fintechs
Banking Business Fintech Guest Posts

The Rising Online Consumption Curve in Latin America with the Pandemic – and What it Means for Fintechs

Jaqueline Bartzen
by Jaqueline Bartzen0
Latin America was at the peak of e-commerce growth, with millions of consumers getting access to better financial options and a faster internet connection, when the world was hit by the coronavirus pandemic, at the beginning of this year. As lockdown measures were ordered throughout the region, e-commerce was strongly......
FinTech Unicorn PingPong secures innovative E-Money License in Luxembourg
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FinTech Unicorn PingPong secures innovative E-Money License in Luxembourg

Fintech News Desk
by Fintech News Desk0
PingPong, specialists in seamless cross-border transactions, has processed over $10 billion in e-commerce sales world-wide to date Today, PingPong announces its authorisation as an Electronic Money Institution (EMI) by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. This would make it the first Luxembourg based B2B fintech, with offices in Hangzhou, New York, San......
First American Payment Systems Announces New Vice President of Information Security and Compliance
Fintech News

First American Payment Systems Announces New Vice President of Information Security and Compliance

Fintech News Desk
by Fintech News Desk0
Welcomes veteran information security leader to IT division First American Payment Systems, a leader in payment technology, today announced the appointment of Chuck Springer to the position of Vice President of Information Security and Compliance. In this role, he will lead all aspects of security within the IT division, including......
Klarna-appoints-Michael-Moritz-as-Chairman-of-the-Klarna-Board-and-welcomes-three-new-global-leaders-to-the-Board
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Klarna Appoints Michael Moritz As Chairman Of The Klarna Board And Welcomes Three New Global Leaders To The Board

Fintech News Desk
by Fintech News Desk0
 Klarna the leading global payments provider and shopping service, is pleased to announce the appointment of Michael Moritz, partner at Sequoia Capital, as the Chairman of the Klarna Board of Directors and the appointment of three new members to the board: Omid R. Kordestani, former executive Chairman of Twitter,  Lise Kaae of Bestseller......
Improving your CX without Compromising on Customer Data Security
Banking Business Featured Fintech

Improving your CX without Compromising on Customer Data Security – Here’s How!

Paroma Sen
by Paroma Sen0
The 2020 Covid-19 pandemic that led to must-need social distancing measures and work from home policies also prompted increased use of online and internet based resources across industries. When it comes to retail and personal banking, while businesses and consumers are now adjusting to internet based mobile transactions, it is......
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