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Italian Digital Bank Illimity Reports €31 Million Profit
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Italian Digital Bank Illimity Reports €31 Million Profit

Fintech News Desk
by Fintech News Desk0
Chaired by Rosalba Casiraghi, the Board of Directors of illimity Bank S.p.A. (“illimity” or the “Bank”) yesterday approved the illimity Group’s results at 31 December 2020. Despite the difficult situation caused by the COVID-19 pandemic, illimity has fully met the results contained in its earnings guidance announced at the end......
EBA Clearing's RT1 Reaches Critical Mass of Belgian PSPs for Instant Payments
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EBA Clearing’s RT1 Reaches Critical Mass of Belgian PSPs for Instant Payments

Fintech News Desk
by Fintech News Desk0
EBA CLEARING announced today that its RT1 platform has reached critical mass in Belgium for instant payments. The leading pan-European instant payment infrastructure system currently counts six participants based in Belgium: Aion SA, BNP Paribas Fortis, Belfius, CBC Banque, ING Belgium and KBC Bank. Thanks to this coverage, the vast......
Atomico Invests In Katana
B2B B2C Fintech Investment Services News

SUIC and QQ Pay Australia Form US-based Fintech Company SUIC QQ Pay USA Inc. to Deliver Breakthrough Payment Technology Solutions in the US$135 Billion Global Digital Commerce

Fintech News Desk
by Fintech News Desk0
Sino United Worldwide Consolidated Ltd. has formed a 70:30 fintech company with QQ Pay Australia, named SUIC QQPay USA Inc. based in New York. SUIC owns 70% and QQ Pay Australia owns 30%. SUIC QQ Pay USA Inc. will drive innovation and foster venture capital investments to transform the financial......
Ramp Announces $150M in Debt Financing from Goldman Sachs
Fintech News Risk Management

Ramp Announces $150M in Debt Financing from Goldman Sachs

Fintech News Desk
by Fintech News Desk0
With its first debt financing round, America’s fastest growing corporate card can serve more customers. Ramp announced $150 million in debt financing from Goldman Sachs to fuel growth for Ramp, a corporate card focused on helping businesses spend less money and automate their finances. Goldman Sachs Bank USA provided the credit line......
Speech: ECB's Fabio Panetta on a Digital Euro's Impact on the Financial System
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Speech: ECB’s Fabio Panetta on a Digital Euro’s Impact on the Financial System

Fintech News Desk
by Fintech News Desk0
Throughout history, innovations in money have challenged and altered the structure of the financial system. Time and time again, innovations have given rise to debates about the risks they pose and the rewards they bring, as well as the role of central banks in building confidence in money. Paper banknotes......
iomart Certified as Level 1 PCI DSS Service Provider
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iomart Certified as Level 1 PCI DSS Service Provider

Fintech News Desk
by Fintech News Desk0
Protecting cardholder data for customers of cloud and security provider iomart, the managed cloud and security service provider, has announced it has achieved Level 1 Payments Card Industry Data Security Standard (PCI DSS) certification.  Read More: Tactical Solutions vs. Strategic Focus – Why a Long-Term Outlook is Essential for Digital......
Tech CU Partners With Backbase to Digitally Transform the Credit Union Member Experience
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Tech CU Partners With Backbase to Digitally Transform the Credit Union Member Experience

Fintech News Desk
by Fintech News Desk0
New Partnership With Backbase Will Allow Tech CU to Continuously Develop and Release New Digital Services Faster Than Ever Tech CU, a leading credit union serving California’s technology community, announced today that it has engaged engagement banking technology provider Backbase to overhaul its members’ banking experience and implement a brand-new......
Fort Community Credit Union Selects Corelation’s KeyStone
Business Fintech News

Fort Community Credit Union Selects Corelation’s KeyStone

Fintech News Desk
by Fintech News Desk0
For Fort Community Credit Union ($301 million assets; 22,176 members; Fort Atkinson, WI), the sudden shift in operations as a result of the coronavirus pandemic highlighted their need to digitize processes and offer new, enhanced member service experiences. Upgrading their core processor was the most comprehensive way to accomplish those......
Marqeta Names Global Banking Leader Martha Cummings to its Board of Directors
Banking Fintech News

Marqeta Names Global Banking Leader Martha Cummings to its Board of Directors

Fintech News Desk
by Fintech News Desk0
Cummings brings three decades of banking experience to Marqeta’s board, most recently with Wells Fargo and the Federal Reserve, as the modern card issuer looks to continue its strong global momentum Marqeta, the global modern card issuing platform, announced that it has added Martha Cummings to its board, a global......
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