Tag : financial services

SAP Fioneer Launches Tailored SME Banking Offering
Banking News

SAP Fioneer Launches Tailored SME Banking Offering

PR Newswire
SAP Fioneer, a leading global provider of financial services software solutions and platforms, has announced the launch of its Fioneer SME Banking Edition. The solution will enable banks and neobanks to offer banking capabilities in a digital-first and data-driven approach, tailored to the financial needs of small and medium-sized enterprises......
Rose Financial Solutions Redefines Finance as a Service and Launches Its Next-Generation Platform, Easby
Finance Fintech News

Rose Financial Solutions Redefines Finance as a Service and Launches Its Next-Generation Platform, Easby

PR Newswire
Rose Financial Solutions unveils the third generation of its financial services and technology solution at its 2nd Annual FaaS Conference Rose Financial Solutions (ROSE), a Finance as a Service (FaaS) leader, is proud to announce the launch of its next-generation financial services and technology solution at its 2nd Annual FaaS......
Finance News

First Citizens Bank Acquires $123 Million Maritime Portfolio for Greece Vessels

PR Newswire
First Citizens Bank announced that its Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece. The loan portfolio, which was acquired from HSBC Bank Plc, covers 11 financings involving 14 vessels and eight......
Figure Launches HELOC Wholesale Model to Further Expand Access to Untapped Equity and Ease Originator Experience
Lending Mortgage News

Figure Launches HELOC Wholesale Model to Further Expand Access to Untapped Equity and Ease Originator Experience

PR Newswire
Wholesale model will offer originators direct access to Figure’s end-to-end HELOC platform Figure Technologies Inc., a leader in transforming financial services through the power of blockchain technology, announced the launch of their wholesale lending platform, which will enable originators to seamlessly access Figure’s home equity line of credit (“HELOC”) offering.......
Smart Pay Kiosk Revolutionizes Financial Services for Unbanked and Underbanked
Finance Fintech News

Smart Pay Kiosk Revolutionizes Financial Services for Unbanked and Underbanked

PR Newswire
The Smart Pay Kiosk is an innovative solution that provides a full array of financial services to the unbanked and underbanked populations. Approximately 63 million US adults (22%) were either unbanked (6%) or underbanked (16%), per 2019 Federal Reserve data. Unbanked individuals lack bank accounts due to past financial problems,......
Major Financial Institutions Back Specialist Investor, Illuminate Financial, in New $235 Million Venture Fund
Investment Services News

Major Financial Institutions Back Specialist Investor, Illuminate Financial, in New $235 Million Venture Fund

PR Newswire
BNY Mellon, Euroclear join existing strategic investors J.P Morgan, S&P Global, Jefferies, Deutsche Börse Group, Barclays, Citi and SGX in the final close of Illuminate’s third fund Illuminate Financial, a financial services-focused venture firm, has closed its third fund, a $235 million fund to invest in early-stage businesses solving problems for financial......
XEROF Launches $100 Million Active Managed Certificate in Bitcoin
Cryptocurrency News

XEROF Launches $100 Million Active Managed Certificate in Bitcoin

Business Wire
The actively managed certificate, delivered in partnership with Swiss banks, is designed for institutional investors to diversify into cryptoassets more easily XEROF, a vanguard in cryptoasset financial services, announced that it has launched, alongside GenTwo, licensed and regulated Bitcoin-backed active managed certificates (AMCs). “The cryptoasset market is maturing and is......
Brazilian Financial Institutions Can Thwart Rising Fraud Attempts with Innovative Biometric Solutions
Fintech News

Brazilian Financial Institutions Can Thwart Rising Fraud Attempts with Innovative Biometric Solutions

GlobeNewswire
Leading Global Biometric Authentication Company, Aware, to Showcase Scalable, User-Friendly and Fraud-Resistant Solutions for Brazilian Banks and FinTech’s at Febraban Tech 2023 In recent years, Latin America has been digitizing their financial services sector faster than anywhere else across the globe. However, as a result, the region has also experienced a corresponding......
TDK Ventures Expands Into Europe; Will Use New $150-Million Fund EX1 to Invest in Clean-Tech Startups
Fintech Funding News

TDK Ventures Expands Into Europe; Will Use New $150-Million Fund EX1 to Invest in Clean-Tech Startups

PR Newswire
TDK Ventures’ mission and values to invest in climate tech startups align with Europe’s ambitious goals to reduce greenhouse gas emissions by 50% and reach net-zero emissions by 2050 TDK Corporation announced that subsidiary TDK Ventures Inc., its corporate venture capital arm, is expanding into the European market with plans to invest......
Moniepoint Empowers Nigeria's Underbanked Businesses With Financial Services Enabled by Google Cloud
Banking News

Moniepoint Empowers Nigeria’s Underbanked Businesses With Financial Services Enabled by Google Cloud

PR Newswire
By leveraging Google Cloud’s scalable infrastructure, Moniepoint is able to process USD 14 Billion worth of financial transactions on a monthly basis, providing secure and low latency banking services to Nigeria’s small and medium sized businesses in remote areas and communities Google Cloud announced a new collaboration with Moniepoint, an Africa-focused business banking platform that provides......
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