Tag : Banking sector

Moody's Affirmed Ba3 Rating and Stable Outlook for SeABank
Banking News

Moody’s Affirmed Ba3 Rating and Stable Outlook for SeABank

PR Newswire
by PR Newswire045
On September 13, 2023, the international credit rating agency Moody’s Investors Service (Moody’s) announced the credit rating assessment results for Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB). Moody’s has affirmed SeABank’s rating at Ba3 and stable outlook. The affirmation of SeABank’s ratings with a stable outlook reflects Moody’s......
Nubank Strengthens Its Footprint in Mexico With the Launch of Personal Loans
Banking Finance News

Nubank Strengthens Its Footprint in Mexico With the Launch of Personal Loans

Fintech News Desk
by Fintech News Desk077
Nu will test the product among employees first, to collect feedback and improvements. It will be made available to the general public in the coming months, through a progressive rollout Nu Mexico announces the launch of its new product: personal loans. Like all Nu products, the launch will follow a......
Lytus Technologies Enters Fintech Space with Launch of a Payment Gateway in India
News Payment gateways

Lytus Technologies Enters Fintech Space with Launch of a Payment Gateway in India

Fintech News Desk
by Fintech News Desk0127
Will invest 50 million dollars to expand their fintech service in India over the next 5 years Lytus Technologies Holdings PTV. Ltd., a leading global technology-driven services company, has announced the launch of its payments gateway for Indian consumers. This marks the entry of Lytus Technologies into the Indian fintech......
The Smart Investor Banking And Savings Trends Survey Shows Surprising Insights Among Consumers
Banking News

The Smart Investor Banking And Savings Trends Survey Shows Surprising Insights Among Consumers

PR Newswire
by PR Newswire0141
Consumers are focused on short term deposits and high interest rates, but will not compromise on bank reputation, According to The Smart Investor Banking And Savings Trends Survey. “The past year has seen a significant shift from low or zero interest rates on deposit products to higher rates, reaching up......
Kinective Formed Through Strategic Combination of CFM, NXTsoft, and IMM
Banking Fintech News

Kinective Formed Through Strategic Combination of CFM, NXTsoft, and IMM

Business Wire
by Business Wire0234
Kinective is the force multiplier financial institutions need to scale transformation efforts faster by integrating fintechs and banking cores Kinective, a leading provider of connectivity, workflow, and analytics software for the banking sector,  announced its formation through the combination of CFM, NXTsoft, and IMM. Kinective delivers the most comprehensive, open,......
tru Independence Launches truView, Part of Its New EAS Platform
Fintech Investment Services News

tru Independence Launches truView, Part of Its New EAS Platform

Fintech News Desk
by Fintech News Desk0169
In a crowded advisory platform landscape, tru understands that advisors crave a partner who cares for them as passionately as they care for and protect their own clients tru Independence, a $9 billion national independent advisory community, announces the launch of truView, which will power a new Experience As a......
Identity Fraud Cost Nearly Half a Million US Dollars to Every Third Bank Last Year, Says Regula Global Survey
Banking Fintech News

Identity Fraud Cost Nearly Half a Million US Dollars to Every Third Bank Last Year, Says Regula Global Survey

Business Wire
by Business Wire0210
Regula, a global developer of forensic devices and identity verification (IDV) solutions, has released the findings of the second phase of their survey, which explores the business impact of investing in IDV. The results indicate a significant gap in the cost of identity fraud between Banking and FinTech organizations around......
Reseda Group Invests $8 Millon in Cutting-Edge Fintech Companies
Fintech News

Reseda Group Invests $8 Millon in Cutting-Edge Fintech Companies

PR Newswire
by PR Newswire0310
Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU), announced $8 million in investments to support and grow several emerging fintech companies. The investments are spread across the four companies — Nymbus, Flow Networks, Prizeout, and Larky — and are part of Reseda Group’s efforts to bring innovative technology and solutions to......
Sandbox Banking Secures $4.3 Million in Seed Funding to Streamline Integration for Banks and Credit Unions
Banking News

Sandbox Banking Secures $4.3 Million in Seed Funding to Streamline Integration for Banks and Credit Unions

Fintech News Desk
by Fintech News Desk0247
Sandbox Banking seamlessly connects core banking, loan origination and CRM systems to fintechs via its Glyue API builder Sandbox Banking, the fintech building a low-code integration platform for banking, announces its completion of a strategic investment led by Horizon Ventures, bringing the company’s total financing to $6M. Participating investors include Forum......
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