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Banking Digital News

Tassat® launches The Digital Interbank Network™

Fintech News Desk
by Fintech News Desk0
The Network’s 24/7/365 blockchain-based payments solution marks historic first. Participating banks Cogent Bank, Customers Bank and Western Alliance Bank conduct over 400 transactions through Tassat-controlled accounts, completing over $500 million in transactions within an 8-hour period Groundbreaking launch marks “first-ever” moment for banking and blockchain interoperability Private permissioned platform offers......
Absa Bank Kenya Partners with Huawei to Build a New Digital Foundation for Branch Networks
Banking News

Absa Bank Kenya Partners with Huawei to Build a New Digital Foundation for Branch Networks

Fintech News Desk
by Fintech News Desk0
SD-WAN, as a next-generation technology and service, can help banks connect their branches and promote smart branch upgrades by constructing a powerful network “I see it as Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to offer cutting-edge digital solutions to our......
Huawei's SD-WAN Lays New Digital Foundation for Absa Bank Kenya
Banking News Technology

Huawei’s SD-WAN Lays New Digital Foundation for Absa Bank Kenya

Sudipto Ghosh
by Sudipto Ghosh0
Absa Bank Kenya, a part of Absa Group, will use Huawei’s SD-WAN technology to transform its digital foundation. SD-WAN is a next-generation technology and service, can help banks connect their branches and promote smart branch upgrades by constructing a powerful network. One of the largest financial services institutions on the......
News Technology

Netsuite Announces Accounts Payable Automation

Fintech News Desk
by Fintech News Desk0
To help organizations address the time consuming and labor-intensive Accounts Payable (AP) processes, Oracle NetSuite today unveiled NetSuite AP Automation. The only solution that embeds banking services into a cloud enterprise resource planning (ERP) system, NetSuite AP Automation helps organizations improve profitability by making it easier and faster to process bills and pay vendors......
Nexo Acquires Stake in US Bank
Digital Asset Management News

Nexo Acquires Stake in US Bank

Fintech News Desk
by Fintech News Desk0
Nexo, the world’s leading regulated institution for digital assets with $4 billion in assets under management, announces the acquisition of a stake in Hulett Bancorp (DBA Mode Eleven) and its federally chartered Summit National Bank, in an industry-changing transaction that expands Nexo’s footprint in the US even further and will......
PCI Pal Launches Open Banking Payments For Contact Centers: The First In A Series Of New Payment Products
Banking Digital Payments News

PCI Pal Launches Open Banking Payments For Contact Centers: The First In A Series Of New Payment Products

Fintech News Desk
by Fintech News Desk0
The new digitally-native payment product, powered by open banking technology, offers consumers the choice to instantly Pay By Bank, authorizing payments via their mobile banking app or online banking portal. PCI Pal, the global SaaS provider of secure payment solutions for business communications, has announced the launch of its Pay......
Forage Recruits Senior Amazon Exec as Chief Business Officer, Charged with Making Online EBT Acceptance Easier for Retailers of All Sizes
Digital Payments News

Forage Recruits Senior Amazon Exec as Chief Business Officer, Charged with Making Online EBT Acceptance Easier for Retailers of All Sizes

Fintech News Desk
by Fintech News Desk0
Kristina Herrmann previously founded and led Amazon’s Underserved Populations team, which brought online SNAP EBT to millions of Amazon, Amazon Fresh, and Whole Foods customers across the country Forage, a payments processor that makes it easier for grocers to accept SNAP EBT (previously known as “food stamps”) payments online, announced......
Marqeta Teams Up with Bread Financial to Help Deliver Seamless E-Commerce Solution
E-commerce News

Marqeta Teams Up with Bread Financial to Help Deliver Seamless E-Commerce Solution

Fintech News Desk
by Fintech News Desk0
Using Marqeta’s modern card issuing platform, Bread Financial plans to launch an in-store, one-time use virtual card for a frictionless checkout experience Marqeta, the global modern card issuing platform, announced that it has been chosen by Bread Financial , a tech-forward financial services company that provides simple, personalized payment, lending and......
DT One Announces New Leadership Hires to Drive Global Expansion and Market Adoption of Micropayments
Fintech News

DT One Announces New Leadership Hires to Drive Global Expansion and Market Adoption of Micropayments

Fintech News Desk
by Fintech News Desk0
DT One, a leading global B2B digital micropayments platform powering cross-border transfers of mobile top-ups, data bundles, gaming pins and gift cards, announced it has appointed Myles Bertrand as the new Chief Revenue Officer (CRO) and Shradha Kampani as the new Chief Product Officer (CPO). Both hires will support DT One’s global growth......
MainStreet Bank Recognized for Top 10% Performance Among Its Peer Group
Banking News

MainStreet Bank Recognized for Top 10% Performance Among Its Peer Group

Fintech News Desk
by Fintech News Desk0
CB Top Ten™ Scorecard Ranks MainStreet Bank 29thof 599 Banks with Assets of $1B to $5B MainStreet Bank, the wholly owned subsidiary of MainStreet Bancshares, Inc. announced it has earned a second quarter 2022 top ranking from Irvine, California-based CB Resource Risk Management and Planning. “Latest Fintech News: Indian Oil Corporation Limited Enhances Customer Payment Experience with......
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