Search Results for: Traditional banks

Temenos Helps Challenger Banks Go Live In Weeks With New Banking Services On The Temenos Banking Cloud
Banking Cloud News

Temenos Helps Challenger Banks Go Live In Weeks With New Banking Services On The Temenos Banking Cloud

Fintech News Desk
Over 70 challenger banks select Temenos Banking Cloud as their platform of choice Temenos , the banking software company, launched new Temenos Banking Services designed specifically to meet the unique requirements of challenger banks. These services can be deployed rapidly on the Temenos Banking Cloud, accelerating challengers’ time-to-market with innovative......
By 2030, 74 Percent Of Consumer Payments Will Be Handled by Non-traditional Financial Service Providers
Digital Payments News

By 2030, 74 Percent Of Consumer Payments Will Be Handled by Non-traditional Financial Service Providers

Fintech News Desk
“Future ready” paytech investment to date by Financial Services Institutions has not been sufficient in slowing down this shift, resulting in a loss of $250 billion in payments revenue by 2030 According to a new study by IDC Financial Insights commissioned by Episode Six, a payments technology company, 74% of consumer payments will be handled by non-traditional financial service institutions (FSIs) by 2030[i]. This figure is an increase from 60% in......
IHS Markit Partners with METACO to Provide a Unified Post-Trade Processing Solution for Digital and Traditional Assets
Analytics Digital Asset Management News Trading

IHS Markit Partners with METACO to Provide a Unified Post-Trade Processing Solution for Digital and Traditional Assets

Fintech News Desk
Partnership addresses accelerating market demand for flexible, institutional-grade infrastructure for the integrated management of asset classes IHS Markit , a world leader in critical information, analytics and solutions, announced a partnership with METACO, the leading provider of security-critical software and infrastructure to Tier 1 banks in the digital asset ecosystem.......
Phos Partners With BORICA to Offer Its Innovative SoftPoS Solution to Bulgarian Banks
Digital Payments News

Phos Partners With BORICA to Offer Its Innovative SoftPoS Solution to Bulgarian Banks

Fintech News Desk
The partnership between phos and BORICA will allow the SoftPoS company to bring its innovative technology to financial institutions across Bulgaria – enabling banking customers to accept payments on a mobile phone Phos, the fintech behind the leading software-only Point of Sale system (SoftPoS), has partnered with BORICA, the leading......
Icon Solutions: New Research Shows Leading Global Banks Expect Request to Pay to Challenge Direct Debits and Payment Cards
Digital Payments News

Icon Solutions: New Research Shows Leading Global Banks Expect Request to Pay to Challenge Direct Debits and Payment Cards

Fintech News Desk
A survey of leading global banks by Icon Solutions has revealed that Request to Pay is widely expected to challenge established payment methods, with 87% of respondents viewing it as a good alternative to direct debits and 71% expecting it will reduce merchant’s dependency on payment cards. Yet 67% also identify bank......
Fintech Farm Raises Late Seed Round of $7.4M to Launch Neobanks In 8 Countries
Fintech News

Fintech Farm Raises Late Seed Round of $7.4M to Launch Neobanks In 8 Countries

Fintech News Desk
Fintech Farm, a British fintech company creating neobanks in emerging markets, has raised a $7.4M investment to develop its new project. The company is going to launch neobanks in 8 countries during the next two years. The round was led by Flyer One Ventures and Solid, while Jiji, TA Ventures, u.ventures, and AVentures Capital......
US Banks Turn to Technology Providers to Transform Business, Compete Against FinTechs
Banking Business News

US Banks Turn to Technology Providers to Transform Business, Compete Against FinTechs

Fintech News Desk
ISG Provider Lens report sees traditional banks facing competition from digital financial services providers and increasing customer demand for digital services The US banking industry has accelerated its digital transformation over the past year in response to the COVID-19 pandemic, and banks are looking to technology service providers to help......
Dragonchain Aims To Enable Users To Buy Decentralized Assets With Traditional Currency
DeFi Fintech News

Dragonchain Aims To Enable Users To Buy Decentralized Assets With Traditional Currency

Fintech News Desk
Dragonchain’s goal is to enable users to buy decentralized assets with Fiat currency. It will also provide users with opportunities to spend their DeFi passive crypto earnings by introducing the company’s DeFi Debit Card! The Dragonchain team believes that DeFi platforms must compete with banks, exchanges, and traditional financial services that people......
Tassat Group Execute the First Real-Time Digital Payment Between Two Banks Using Blockchain Technology
Blockchain News

Tassat Group Execute the First Real-Time Digital Payment Between Two Banks Using Blockchain Technology

Fintech News Desk
Real-Time Digital Interbank Network Unveiled Tassat Group Inc. unveiled the nation’s first real-time Digital Interbank Network and the technology infrastructure behind it with a live demonstration attended by more than 100 banks from around the country. Held at the Times Center in New York today, the event was the inaugural......
SEON Partners with Leading African Neobanks
Banking News

SEON Partners with Leading African Neobanks

Fintech News Desk
Online fraud fighters, SEON is delighted to announce new partnership agreements with two leading African neobanks, Carbon and FairMoney. With SEON’s help, both companies will now be able to greatly improve risk management performance when onboarding new customers Africa struggles with a substantial underbanked population. According to a recent FinTech Times report,......
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