Search Results for: Traditional banks

NYMBUS Raises $53 Million in Series C Funding Led by Insight Partners
Banking Business Fintech News

Q2, Moven and Now Nymbus to Offer Nydig Crypto Tech to Banks

Fintech News Desk
by Fintech News Desk0
NYMBUS, a leading provider of banking technology solutions, today announced it has partnered with NYDIG to help financial institutions quickly expand their digital capabilities by offering Bitcoin products and services to customers. Read More: Artesian Takes the Wraps off Artesian Connect According to a new NYDIG consumer survey, more than......
MetaBank Study Reveals Digital Banks Should Focus on Growing Share of Banking
Banking Business Fintech Mobile Banking News

MetaBank Study Reveals Digital Banks Should Focus on Growing Share of Banking

Fintech News Desk
by Fintech News Desk0
Consumer is very loyal to their bank, and holds onto their account for an average of 14 yearsi. At the same time, more than 40 million U.S. consumers have gone digital with their banking and a large percentage now have multiple accounts, presenting an opportunity for neobanks and digital banks......
COVID-19 is Digitally Transforming Commercial Lending; Banks See Mass Adoption of Businesses Applying for Paycheck Protection Program Loans Online
Banking Fintech News

COVID-19 is Digitally Transforming Commercial Lending; Banks See Mass Adoption of Businesses Applying for Paycheck Protection Program Loans Online

Fintech News Desk
by Fintech News Desk0
Lenders using Numerated to process PPP loans are seeing 82 percent of businesses choosing to apply online, with 9 out of 10 businesses reporting high levels of satisfaction COVID-19 has accelerated the shift to digital across industries, and commercial banking is no exception. Banks and credit unions representing more than......
PAAY and Bluefin Join Forces to Dramatically Advance Remote Commerce Security
Fintech Mobile Banking News

New Report by Boston Consulting Group: Retail Banks Face the Urgent Need to Retool Offerings and Strategies

Fintech News Desk
by Fintech News Desk0
As More Customers Go Digital amid the Pandemic, Banks Must Accelerate Digitization Efforts to Serve Customers Better and Realign Costs, Says a New Report by Boston Consulting Group Although retail banks globally have reacted to the COVID-19 crisis with speed, dexterity, and purpose—while remaining true to their environmental, social, and......
mobile banking
Banking Economy Featured Fintech

Challenger Banks From Around the World That Are Redefining Banking

Fintech News Desk
by Fintech News Desk0
Challenger banks are fully functional digital banks, the popularity of these banks is rising today because of the comfort they can offer users by offering every service online. They do not offer physical branch facilities and from depositing money to issuing cheques, etc. everything happens virtually. Challenger banks have disrupted......
ThetaRay's Correspondent Banking AML Solution to Enable Cecabank to Safely Connect Small/Medium-sized Banks to the Global Financial System
Artificial Intelligence Banking Big Data Fintech News Risk Management

ThetaRay’s Correspondent Banking AML Solution to Enable Cecabank to Safely Connect Small/Medium-sized Banks to the Global Financial System

Fintech News Desk
by Fintech News Desk0
AI-Based Platform Eliminates Money Laundering and Terrorism Financing Risk by Providing Full Visibility into Cross-Border Transaction Path ThetaRay, a leading provider of AI-based Big Data analytics, announced that its Anti-Money Laundering (AML) for Correspondent Banking solution has been chosen by Spanish wholesale bank Cecabank. The AI-based technology will enable Cecabank......
Altimetrik Launches Digital Lending Platform for Mid-Tier Banks
Banking Business Fintech News

Altimetrik Launches Digital Lending Platform for Mid-Tier Banks

Fintech News Desk
by Fintech News Desk0
New financial services platform is among the first few point solutions developed and launched by Altimetrik as it builds digital business enablement products Online lending has surged in each of the last several years even though satisfaction among online borrowers is far lower than those taking loans from traditional banks. This opportunity......
MyInvestor-heads-list-of-top-5-neobanks-in-Spain
Business Cryptocurrency Fintech Investment Services News Trading

MyInvestor Heads List Of Top 5 Neobanks In Spain

Fintech News Desk
by Fintech News Desk0
Financial technology, or fintech, firms are on the rise. It is estimated that more than 300 of these companies are operational in Spain, providing an increasingly wide variety of services that include proposals for managing family finances, comparing mortgages and all kinds of financial products, payments services, financing, investment simulators, financial......
Web Summit: Revolut Founder and CEO Nikolay Storonsky Discusses Regulation and Competition From the East, and From Western Banks
Banking Business Fintech News

Web Summit: Revolut Founder and CEO Nikolay Storonsky Discusses Regulation and Competition From the East, and From Western Banks

Fintech News Desk
by Fintech News Desk0
Revolut founder and CEO Nikolay Storonsky talked about replicating the success of superapps from the east, and competition from traditional banks and tech companies. “I think there is less competition compared to the east. Here our competition is only banks, and to be honest they are not that sophisticated.” Nikolay Storonsky joined European......
More Regulations on the Horizon for Banks as Pandemic Exposes Security and Identity Verification Deficiencies
Artificial Intelligence Banking Fintech News Risk Management

More Regulations on the Horizon for Banks as Pandemic Exposes Security and Identity Verification Deficiencies

Fintech News Desk
by Fintech News Desk0
OneSpan Global Financial Regulations Report reveals coming regulations on identity verification, Open Banking, AI, cryptocurrencies and biometric authentication aimed at enabling secure, digital economies OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today released the inaugural OneSpan Global Financial Regulations Report. The report examines regulatory and legislative initiatives......
1