Tag : Open banking

US Banks Turn to Technology Providers to Transform Business, Compete Against FinTechs
Banking Business News

US Banks Turn to Technology Providers to Transform Business, Compete Against FinTechs

Fintech News Desk
ISG Provider Lens report sees traditional banks facing competition from digital financial services providers and increasing customer demand for digital services The US banking industry has accelerated its digital transformation over the past year in response to the COVID-19 pandemic, and banks are looking to technology service providers to help......
Global Processing Services Scoops $400 Million Funding; Eyes Innovations to Build Next-gen Payments Fintech Solutions
Digital Payments Featured Fintech Fintech Funding

Global Processing Services Scoops $400 Million Funding; Eyes Innovations to Build Next-gen Payments Fintech Solutions

Sudipto Ghosh
Global Processing Services upsizes round to over US$400 million with the participation of new investors to accelerate investment in next-generation payments technology; appoints seasoned payments executive as new Chair of the Board Global Processing Services has announced the closing and upsizing of its latest fundraise at over US$400 million. Temasek the global......
Envestnet | Yodlee Significantly Increases Global Open Banking Data Connections
Banking Finance News

Envestnet | Yodlee Significantly Increases Global Open Banking Data Connections

Fintech News Desk
Envestnet | Yodlee has rapidly expanded open banking globally behind millions of data connections and accreditation in key international markets As the growth of open banking accelerates, Envestnet | Yodlee, a leading data aggregation and analytics platform for financial services, has dramatically grown its open banking activities across the globe......
Open Banking Payments Platform Noda Pay Make Its Debut
Fintech Fintech Startups News

Open Banking Payments Platform Noda Pay Make Its Debut

Fintech News Desk
London-based fintech startup enables businesses to bypass intermediaries in bank payment processes Noda Pay, an Open Banking payments platform that enables businesses to bypass expensive banking intermediaries, announced its official launch. The platform is now available to businesses in the United Kingdom (UK) and is in beta within the European......
Five key Fintech Trends to Watch in 2022 According to Buckzy Payments
Fintech News

Five key Fintech Trends to Watch in 2022 According to Buckzy Payments

Fintech News Desk
In the year ahead, consumer behavior and early adoption of new technology are set to transform the financial services market. Banks need to adapt. Fintechs and banks are in a race to innovate and shape the future of financial services. As new technologies emerge, traditional banks will have to adapt......
Temenos: Cloud Adoption in Banking Accelerates as Banks Ramp up Digital Services, Reports Economist Intelligence Unit
Banking Mobile Banking News

Temenos: Cloud Adoption in Banking Accelerates as Banks Ramp up Digital Services, Reports Economist Intelligence Unit

Fintech News Desk
72% say moving to the cloud will help their organization achieve its business priorities In a new survey of IT executives in the banking sector, conducted by The Economist Intelligence Unit and supported by Temenos, more than seven in ten (72%) report that incorporating the cloud into their organization’s products......
Everest Group Recognizes GFT As A "Major Contender" For Application And Digital Services In Banking
Banking Mobile Banking News

Everest Group Recognizes GFT As A “Major Contender” For Application And Digital Services In Banking

Fintech News Desk
— Banks boost competitiveness with digital banking based on new generation of cloud-native core banking systems — Benefits include enhanced responsiveness, customer centricity, and reduced costs — GFT is a leading global specialist in implementing and customizing cloud-native core banking systems — BankLiteX launched by GFT and Thought Machine with......
Salt Edge Takes a Firm Stand on Data Security in Open Banking
Banking Mobile Banking News

Salt Edge Takes a Firm Stand on Data Security in Open Banking

Fintech News Desk
The following is a statement on open banking’s safety from Salt Edge – a pioneer in providing open banking solutions. “The number 1 rule for third-party providers refers to data security. Being accepted to the open banking framework is challenging: every party must implement and prove the existence of the......
Obligo Raises $35M in Series B to Power the Home Renting Experience of the Future
Banking Fintech Mobile Banking News

Obligo Raises $35M in Series B to Power the Home Renting Experience of the Future

Fintech News Desk
The rapidly growing fintech company combines open banking technology with AI to make renting as easy as checking in and out of a hotel Obligo, the fintech company that builds trust between renters and landlords, announced a Series B funding of $35 million led by investor 83North. Additional investors participating......
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