Tag : banking
Open Banking: Will Open Banking Help Reduce Information Asymmetry Between Consumers and Finserv/Fintech Companies?
Open banking is a banking policy that allows third-party financial service providers to access consumer banking, transactional, and other financial data from banking and non-banking financial institutions through Application Programme Interfaces (APIs). This practice has the potential to shape the consumer’s experience of banking services. Under open banking, banks enable......
ProActive Budget Announces Rebrand as Qube Money
The new Qube Money app and debit card combines a modern payment system with the proven cash envelope budgeting method Fintech company, ProActive Budget, announced that it’s rebranding as “Qube Money.” In an ongoing quest to shift consumer spending behavior, Qube Money’s new app combines its digital cash envelope budgeting......
Barclays Launches CLBIL Scheme to Support Large Corporate Banking Clients Impacted by Coronavirus (Covid-19) in the UK
Barclays is extending its support to businesses not covered by the Coronavirus Business Interruption Loan scheme, and not eligible for support under the COVID-19 Corporate Finance Facility, through the launch of the Coronavirus Large Business Interruption Loan scheme. Backed by a UK Government guarantee, Barclays will provide lending of up......
Financial Institutions Digitally Process and Approve Over $30 Billion in Paycheck Protection Program Loans Using Ncino
nCino, the worldwide leader in cloud banking, announced that financial institutions using the nCino Banking System have been able to swiftly and digitally provide more than $30 billion for their eligible small business clients through the Small Business Association’s Paycheck Protection Program (PPP). Read More: Finhabits Launches Microlearning Journeys to Help Diverse......
GlobalFinTechSeries Interview with Michael Cutlip, President & CEO at Authoriti
Mike Cutlip is the Chief Executive Officer of The Authoriti Network, Inc., founded in 2017 to eliminate fraud and data privacy risks by letting customers easily and securely authorize any transaction. Cutlip has more than 30 years of experience across a range of roles in the financial services industry, the......
Fiorano’s Open Banking Platform Now Available in the Microsoft Azure Marketplace
Microsoft customers now have access to Fiorano’s Open Banking technology with the scalability, reliability and agility of Azure to drive Digital transformation initiatives and next generation Banking Fiorano Software, a leading Enterprise Integration Middleware and API Management specialist, today announced the availability of its Open Banking technology in the Microsoft Azure Marketplace. Fiorano......
Fenergo Launches Remote Account Opening Solution to Accelerate Small Business Emergency Loan Approvals
Cloud-based solution aids small businesses in accessing Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA), under the US Coronavirus Aid, Relief, and Economic Security (CARES) Act Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announces......
New Digital Banking Hub Boosts Firms’ Access to Competitive Intel
Informa Expands Digital Tracking Features for Financial Services Firms, Allowing Faster, More Detailed Insights Into Peer Capabilities Informa Financial Intelligence has launched its ‘Digital Banking Hub’ to arm financial services firms with a faster, more holistic view of the digital capabilities of bank, credit union and fintech competitors around the......