Search Results for: Central banks

Cape Cod 5 and Fidelity Bank Formalize Strategic Partnership Under Mutual Bancorp
Banking News

Cape Cod 5 and Fidelity Bank Formalize Strategic Partnership Under Mutual Bancorp

PR Newswire
Both banks will continue to operate independently under their respective brands within their respective communities while benefiting from strategic and operational efficiencies, pooled resources, and additional services to offer their respective clients. Mutual Bancorp, the parent company of Cape Cod 5 headquartered in Hyannis, MA, announced that it has officially completed the planned......
Retail-Bank-Customer-Satisfaction-Holds-Steady-but-Trust-Declines,-J.D.-Power-Finds
Banking Fintech News

Retail Bank Customer Satisfaction Holds Steady but Trust Declines, J.D. Power Finds

Business Wire
This year, 13% of bank customers say they are likely to switch institutions in the next 12 months. U.S. retail bank customers are losing faith in their bank, and customer attrition is a concern. According to the J.D. Power 2024 U.S. Retail Banking Satisfaction StudySM, released today, consumer trust in......
Usual Emerges From Stealth, Launches New Stablecoin Ecosystem With Alternative Model
Finance News

Usual Emerges From Stealth, Launches New Stablecoin Ecosystem With Alternative Model

PR Newswire
Upcoming fiat-backed stablecoin will address flaws in existing models by offering holders equitable value distribution and yields generated from real world assets, as well as participation in DAO. Usual, an innovative hybrid finance protocol, officially emerged from stealth by announcing the launch of USD0, a permissionless and fully compliant stablecoin backed 1:1......
Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability
Fintech Funding News

Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability

PR Newswire
The round was led by Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors. Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, announced that it has successfully raised $5.3 million in venture funding. The round was led by Foundation Capital, TruStage Ventures Discovery......
China UnionPay Optimizes Payment Services with the Launch of Project Excellence 2024
Digital Payments News

China UnionPay Optimizes Payment Services with the Launch of Project Excellence 2024

PR Newswire
China UnionPay has taken the initiative to launch Project Excellence 2024 to improve payment convenience for the senior citizens and international visitors to China. The launch ceremony for Explore China Your Way with UnionPay: China UnionPay Payment Service Optimization – Project Excellence 2024 was held in Shanghai. Mr. Zhang Qingsong, Member of the......
FSS Introduces BLAZE in the Middle East, to Provide a Scalable, Efficient Payment Solution
Digital Payments News

FSS Introduces BLAZE in the Middle East, to Provide a Scalable, Efficient Payment Solution

PR Newswire
BLAZE is a cloud-native microservices-based technology platform designed to offer significant efficiency gains in terms of speed and scalability, ensure high durability during peak workloads, improve fraud prevention, and enhance services to banks and financial institutions while simplifying choices and bolstering confidence in end consumers. Financial Software & Systems Pvt Ltd......
Athens Exchange Group Selects Sui for Blockchain Book Building
Blockchain News

Athens Exchange Group Selects Sui for Blockchain Book Building

PR Newswire
Greek National Stock Exchange becomes the first to partner with a Layer 1. Athens Exchange Group, the Greek stock exchange referred to as ATHEX, announced their selection of Mysten Labs as their partner to evaluate the technical capability of upgrading its Electronic Book Building (EBB) to a distributed ledger technology......
Stead's Blockchain-Powered Floating Cities of the Future
Blockchain News

Stead’s Blockchain-Powered Floating Cities of the Future

PR Newswire
The platform supports numerous types of floating infrastructure, like fishing and transport boats, fish cages, floating docks, and, most impressively, floating houses, hotel rooms, and restaurants. Stead is an Arbitrum-based DeFi platform that provides liquidity for small marine businesses, fishermen, and fish farmers, most of whom are unbanked or operating......
Finastra’s Filogix Unveils Automated Lender Note Capabilities, Powered by Gen AI
Lending Mortgage News

Finastra’s Filogix Unveils Automated Lender Note Capabilities, Powered by Gen AI

PR Newswire
The function automates the creation of borrower narratives (notes) that aids in lender underwriting – streamlining processes, saving time and minimising errors for brokers. Finastra’s Filogix team has unveiled new generative AI (Gen AI) capabilities in its Expert Pro Canadian Mortgage Point of Sale (POS) solution. The function automates the creation......
USI Money and Enjaz Sign Strategic Partnership to Introduce Payment Innovation
Digital Payments News

USI Money and Enjaz Sign Strategic Partnership to Introduce Payment Innovation

PR Newswire
Real Time Payment Settlements to the Kingdom of Saudi Arabia USI Money, a global payment solution provider, has announced a strategic partnership with Saudi Based Enjaz Payment Services Company, enabling real time payment processing into the Kingdom of Saudi Arabia. To announce the partnership, a signing ceremony took place in Riyadh. The......
1