Search Results for: traditional banking

Leading Decentralized Investment Banking Group - Coinstreet Partners, Awarded Asia Futurist Leadership Award
Banking Fintech News

Leading Decentralized Investment Banking Group – Coinstreet Partners, Awarded Asia Futurist Leadership Award

Fintech News Desk
by Fintech News Desk0
The Asia Futurist Leadership Award in the category of High Flyer Award – Outstanding Deal Originator In Asia was awarded to Coinstreet Partners by the Association of Family Offices in Asia, the Association of Private Bankers in Greater China and the Women In Leadership Association at the Asia Futurist Leadership Summit, held in Hong Kong during International Financial Week. Asia Futurist......
TONIK Selects Finastra's Core Banking Solution to Power Southeast Asia's First Pure-play Licensed Digital Bank
Banking News

TONIK Selects Finastra’s Core Banking Solution to Power Southeast Asia’s First Pure-play Licensed Digital Bank

Fintech News Desk
by Fintech News Desk0
TONIK to Use Finastra’s Fusion Essence in the Cloud to Revolutionize Banking in the Philippines Finastra announced that TONIK, the first licensed digital-only bank in Southeast Asia, has selected Fusion Essence in the cloud to power its end-to-end core banking capabilities. The move will support TONIK as it launches its retail......
Temenos Launches Product to Help Banks Overcome Legacy Issues
Banking Fintech News

Temenos Delivers Industry First Banking Distribution Services in Temenos Infinity – a Set of Cloud Based Microservices

Fintech News Desk
by Fintech News Desk0
Upgradeable and API-driven, They Enable Sales, Servicing and Marketing of All Financial and Non-financial Products, Hyper-personalised Through Explainable AI Models and Independent of Core and Apps. Temenos , the banking software company, announced that it has delivered new industry first Banking Distribution Services as part of the award-winning Temenos Infinity......
Avanza Bank Wins Banking Technology Award for Best Use of IT in Private Banking/Wealth Management Powered by GigaSpaces In-Memory Computing Platform
Banking Fintech News

Avanza Bank Wins Banking Technology Award for Best Use of IT in Private Banking/Wealth Management Powered by GigaSpaces In-Memory Computing Platform

Fintech News Desk
by Fintech News Desk0
GigaSpaces, the provider of InsightEdge, the fastest in-memory real-time analytics processing platform, announced that Avanza Bank AB, Sweden’s fully digital bank, has won the Banking Technology Award for Best Use of IT in Private Banking/Wealth Management. The 20th annual Banking Technology Awards recognize excellence and innovation in the use of IT in financial services worldwide,......
The Front Door of a Bank Is Now an App, Not a Physical Branch, as Shift to Digital-Only Banking Intensifies
Banking News

The Front Door of a Bank Is Now an App, Not a Physical Branch, as Shift to Digital-Only Banking Intensifies

Fintech News Desk
by Fintech News Desk0
Twice as many Americans expect to use a banking app than visit a physical bank branch in the next three months, with more than 60 percent doing the majority of their banking online. Mobile banking apps have surpassed physical branches as the most critical touchpoint of the banking experience, according to......
UK Consumer Appetite for Digital-Only Banking Grows As Cashless Society Beckons
Banking News

UK Consumer Appetite for Digital-Only Banking Grows As Cashless Society Beckons

Fintech News Desk
by Fintech News Desk0
41% of UK consumers are considering a switch to digital-only banking, with Millennials leading the charge The UK is ripe for a proliferation of digital banking offerings, according to a survey of UK consumers by Marqeta, whose advanced payments infrastructure and open-API platform has pioneered a new standard for Modern Card......
Neo Financial Raises $360M to Accelerate Growth and Position Itself as Leading Challenger to Banks in Canada
Finance Fintech Lending News

Neo Financial Raises $360M to Accelerate Growth and Position Itself as Leading Challenger to Banks in Canada

Business Wire
by Business Wire0
The new capital, including funding from Shopify founder Tobi Lütke and Slack founder Stewart Butterfield, will accelerate the expansion of Neo Financial’s suite of innovative financial services products, offering competitive alternatives to traditional banks Neo Financial (“Neo”), a leading Canadian financial technology company, announced today their CAD $360 million Series......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Risk Management Security

Leveraging AI and Data Analytics for Better Risk Assessment

Fintech Staff Writer
by Fintech Staff Writer0
The rapid evolution of financial technology has brought forward innovative ways to borrow and lend, transforming how consumers approach personal finance. One standout development in this space is the rise of Buy Now, Pay Later (BNPL) services, a flexible and accessible lending model that has disrupted traditional banking and credit......
Banking Digital Payments Featured Fintech

Building Resilient Fintech Systems for High-Volume, Low-Latency Payments Processing

Prajakta Ayade
by Prajakta Ayade0
FinTech systems are at the forefront of transforming the way payments are processed. With the increasing demand for instant and seamless financial transactions, building resilient FinTech systems capable of handling high-volume, low-latency payment processing has become a critical requirement. To achieve this, several key factors must be considered, including system......
Fintech Platform for the Underserved Middle Class Surfin Raises US$12.5 Million from Insignia Ventures Partners, as it Sustainably Uplifts 60 Million lives across 3 Continents
Fintech News Technology

Fintech Platform for the Underserved Middle Class Surfin Raises US$12.5 Million from Insignia Ventures Partners, as it Sustainably Uplifts 60 Million lives across 3 Continents

PR Newswire
by PR Newswire0
Surfin, a financial technology platform dedicated to serving the underserved middle class, has raised $12.5 million from Insignia Ventures Partners. This funding round comes as Surfin announces its service to 60 million individuals across eight countries on three continents, with approximately $2.7 billion in cumulative transactions. Founded in 2017 and headquartered in Singapore, Surfin......
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