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Banking Fintech News

Small Business Loan Approval Rates at Banks Fell in August 2020: Biz2Credit Small Business Lending Index™

Fintech News Desk
Small business loan approval percentages at big banks ($10 billion+ in assets) and small banks dropped slightly in August 2020, an indication that the upward trend that began in May has plateaued, according to the Biz2Credit Small Business Lending Index™ released today. “PPP loans came to a halt on August 8, and......
Payoneer for Banks Program Launches Around the Globe
Banking Fintech Mobile Banking News

Payoneer for Banks Program Launches Around the Globe

Fintech News Desk
Cross-border fintech unicorn announces partnerships with ten banks in ten countries, with more to come Payoneer, the digital payment platform empowering businesses around the world to grow globally, announced Payoneer for Banks, a new program which helps financial institutions provide businesses of all sizes with a seamless way to make......
VersaBank Adds Simply Group Financial as Point-of-Sale Partner With Initial Financing of $72 Million
Banking Business Fintech News

VersaBank Adds Simply Group Financial as Point-of-Sale Partner With Initial Financing of $72 Million

Fintech News Desk
VersaBank announced that it has partnered with Simply Group Financial Corp. (“Simply Group Financial”) for its Point-of-Sale Financing business. Simply Group Financial is a subsidiary of Simply Green Home Services Inc., parent corporation of the “Simply Group”, one of Canada’s fastest growing home energy solution, home improvement and consumer lending......
CSI Partners With Autobooks To Enrich Relationship Between Small Businesses and Financial Institutions
Artificial Intelligence Banking Business Fintech News

CSI Partners with Revation Systems for LinkLive Banking Digital Customer Service

Fintech News Desk
-LinkLive Banking provides chat and video communication solutions to enhance the customer experience in digital banking channels- Computer Services(CSI), a provider of end-to-end fintech and regtech solutions, has partnered with Revation Systems to offer community banks LinkLive Banking, a secure digital communications platform. The cloud-hosted communications software offers a broad......
India’s Largest Bank Modernizes its Payment Switching System with ACI Worldwide Technology
Fintech Mobile Banking News

India’s Largest Bank Modernizes its Payment Switching System with ACI Worldwide Technology

Fintech News Desk
State Bank of India has seamlessly updated and expanded its payment switching system using ACI’s Retail Payments solution to meet its requirement of processing over 30 million daily transactions ACI Worldwide, a leading global provider of real-time digital payment software and solutions, has modernized payments infrastructure for ATM and point-of-sale......
Banking Fintech News

Vanquis Bank adds NatWest open banking payments tool to app

Fintech News Desk
UK credit card provider Vanquis Bank, a subsidiary of Provident Financial plc, has announced the launch of NatWest’s new open banking payment solution, Payit, within its mobile app, allowing Vanquis customers to make instant payments to their account without the use of a debit card. Read More: Doxim Announces Omnichannel......
CREALOGIX Provides Customer Portal for Seven German Development Banks
Fintech Mobile Banking News

CREALOGIX Provides Customer Portal for Seven German Development Banks

Fintech News Desk
Digital banking software provider CREALOGIX has won a Europe-wide tender to develop a portal solution for a consortium of seven state development finance institutions. The contract is for the implementation, maintenance and optimisation of the software solution sought by the consortium members for their innovative common customer portal. Read More:......
COVID-19 Pandemic Triggers Spike in Online Banking; 91% of Americans Bank Virtually in July
Fintech Mobile Banking News

COVID-19 Pandemic Triggers Spike in Online Banking; 91% of Americans Bank Virtually in July

Fintech News Desk
Five months after most of the United States entered a pandemic-related lockdown, consumers and businesses alike are still adjusting to the new normal. Most banks have modified their services, hours and availability to adhere to pandemic rules and guidelines. In turn, customers have had to change up their banking habits. In fact,......
i-exceed's Appzillon Powers Bangladesh Based Mutual Trust Bank’s Fully Digital On-Boarding Solutions
Fintech Mobile Banking News

i-exceed’s Appzillon Powers Bangladesh Based Mutual Trust Bank’s Fully Digital On-Boarding Solutions

Fintech News Desk
i-exceed, a leading global player for rapid digital banking transformation, has announced that it has powered ‘MEasy’, a fully digital on-boarding solution for MTB. Read More: German Peer-to-peer Lender auxmoney Raises €150 Million “We are extremely pleased in our association with MTB, an entity focused on truly enhancing customer relationships. With our......
Oracle Named a Leader in Gartner Magic Quadrant for Global Retail Core Banking
Banking Fintech News

Oracle Named a Leader in Gartner Magic Quadrant for Global Retail Core Banking

Fintech News Desk
Oracle has been named a Leader in the Gartner Magic Quadrant for Global Retail Core Banking1, for the twelfth time. Of the six companies evaluated, Oracle was recognized as a Leader for its completeness of vision and ability to execute in the market. Read More: SafeButler and Liberty Mutual Partner to......
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