PYMNTS

SEPTEMBER 12, 2019

The bank noted that the solution will be available to business clients in Europe, the Middle East and Asia (EMEA) regions. Kantox Dynamic Hedging is a software tool for corporate treasurers to automate FX management, and will be integrated into the BNP Paribas digital banking platform Centric, the companies noted. “We

Management 162

Management Tools Regional Policies 162

PYMNTS

FEBRUARY 14, 2020

In the supply chain management and visibility space, Shippeo , which operates in Europe, raised €20 million ($21.7 Additional participation came from Partech and Bpifrance Digital. Starling Bank. digital bank Starling Bank said it raised £60 million (more than $ 78 million USD) in funding. In the U.K.,

Digital Banking 131

Digital Banking Capital Risk Management Operations 131

PYMNTS

NOVEMBER 13, 2019

percent of banking customers would be interested in switching their financial institutions (FIs) if their branch experiences do not match their digital banking experiences. A digital-first approach to banking has become critical to survival, in other words. Recent PYMNTS research indicates that 34.8

Regional 109

Regional ATM Report Alabama 109

PYMNTS

MAY 12, 2020

Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money. consumers, seeks to better understand how spending and banking preferences are changing in the digital age. Our research shows that 28.5

Regional 241

Regional National Cards Mobile 241

PYMNTS

JANUARY 14, 2021

The round was led by Hanwha Asset Management , South Korea’s leading asset management company. Grab Financial Group had a productive 2020 in which it managed to increase total revenue by 40 percent. Other investors in the round include K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures , the release stated.

Groups 204

Groups Regional Fintech Management 204

Bobsguide

MARCH 21, 2022

Finastra and Union of Arab Banks to accelerate digital banking together. Partnership will see the development of a model digital bank, licensed to Union of Arab Banks members to help them transition into digital banking. However, resource management remains a central challenge.

Digital Banking 60

Digital Banking Innovation Community Regional 60

PYMNTS

SEPTEMBER 11, 2019

Anglo-Gulf Trade Bank (AGTB) was awarded the first digital banking license and Category 1 status from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), Islamic Business & Finance reported on Wednesday (Sept.

Digital Banking 109

Digital Banking Marketing Innovation Regional 109

Accenture

APRIL 21, 2017

A recent Accenture roundtable discussion concluded that European banks have the opportunity to develop innovative transaction banking offerings using virtual accounts, such as virtual cash management, to address changing market needs and create new business models.

Management 200

Management Innovation Taxes Marketing 200

CB Insights

MAY 5, 2022

Open , a digital bank, has raised $50M in a Series D. The round drew participation from Tiger Global Management, IIFL, and Temasek, among others. <span The post India-based digital bank Open hits $1B valuation. js”></script> <script> hbspt.forms.create({. hbspt.forms.create({.

Digital Banking 60

Digital Banking Regional Fintech Data 60

PYMNTS

NOVEMBER 26, 2019

“Some consumer segments appear to have been left without sufficient, convenient and low-cost access to the financial services they need to manage their financial lives,” the report, “Perspectives from Main Street: Bank Branch Access in Rural Communities,” indicated. . Earlier this month, the U.S.

Community 209

Community Regional Maine Digital Banking 209

PYMNTS

JULY 1, 2020

“Migrating to cloud- and AI-based solutions could help FIs handle growing calls for faster banking tools during the COVID-19 pandemic, and recent trends show they are beginning to do so,” according to PYMNTS’ June 2020 Digital Banks And The Power Of The Cloud Tracker® done in collaboration with NuoDB.

System 268

System Digital Banking Tools User Experience 268

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

OCTOBER 6, 2020

Ayoub Jemail has been assigned the role of general manager of business development for the region, the company stated in the announcement on its website. The company stated that it is expanding in the region, seeking new business and also looking to provide more support for existing customers, such as Mashreq Bank.

Fintech 174

Fintech Regional Fraud Meeting 174

PYMNTS

MARCH 20, 2020

But analysts said the move represents an attempt to compete with a number of new online challenger banks that will appear in the region later in the year. Through this digital financing solution, more merchants can easily obtain rapid loans,” Zhao Wei, general manager of Cainiao Network Supply Chain Finance, told the news outlet. “As

Big Data 203

Big Data Lending Regional Operations 203

Gonzobanker

AUGUST 17, 2022

Digital Engagement Had Great Attendance and Extracurriculars. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B.

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

JUNE 30, 2020

The agreement is expected to accelerate cashless payments and digital banking across the Middle East and North Africa, the companies announced. Junaid Iqbal , managing director of Careem Pay, said the only way digital payments make a difference is when both sides of the market benefit. Regulators approved the $3.1

Payments 207

Payments Security Regional Digital Banking 207

PYMNTS

SEPTEMBER 28, 2020

Open banking rules have continued to evolve during the global health crisis, but the pandemic has given regulators and financial authorities new questions to tackle. One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA).

Online 151

Online Report Payments Regulation 151

Bobsguide

MAY 8, 2022

This designation recognises GFT for the delivery of effective solutions to help its clients manage critical issues pertaining to the industry, such as risk management, core systems implementations, data management, navigating compliance requirements, and establishing governance models. “It

Compliance 166

Compliance Risk Management Digital Banking System 166

PYMNTS

JUNE 15, 2020

For Aion Bank , based in Belgium, that means understanding the global operations of SMBs, as well as their local challenges as a company in Belgium and the broader European Union. There are unique challenges for SMBs operating in Belgium and the broader EU that banking solution providers should consider, said Czuba. . ”

Regional 245

Regional Operations Fintech Tools 245

PYMNTS

DECEMBER 7, 2020

You’d be forgiven for thinking that, in banking, the deal is dead. NCR Digital Banking Senior Vice President and General Manager Doug Brown told Karen Webster there will be an acceleration of deal making on the other side of the pandemic, particularly as financial institutions (FIs) recalibrate and expand their digital efforts.

Google 282

Google Examples Regional Lending 282

NCR

APRIL 16, 2018

Like many regions across the globe, the Gulf is currently going through a period of change in the banking industry, which is presenting challenges for local institutions but also creating opportunity. Digital demands. The post Why getting digital banking right could prove vital in the Gulf appeared first on Banking.com.

Digital Banking 49

Digital Banking Regional Customer Experience Industry 49

PYMNTS

NOVEMBER 30, 2020

The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. Nets will provide the full-scale solution with a corporate credit and debit solution using digital services, enterprise card management and security tools, the release stated.

Cards 160

Cards Payments Tools Regional 160

PYMNTS

OCTOBER 12, 2020

The round was led by Abu Dhabi-based Shorooq Partners , while 500 Durian (the 500 Startups fund for Southeast Asia) and 92 Ventures chipped in as well, along with angels from the region’s top startups and leading management consulting firms, according to the release.

Regional 249

Regional Retail Payments Mobile 249

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). Under the terms of the new deal, Mastercard will support EedenBull’s product development and digital services.

Fintech 248

Fintech Cards Regional Management 248

PYMNTS

JUNE 2, 2020

“Consumers are now leaning heavily on digital banking to meet their financial needs. Banking app downloads have increased 60 percent since the pandemic became widespread, with banking app revenue growing 17 percent,” according to PYMNTS’ May 2020 Digital-First Banking Tracker® , a collaboration with NCR.

Digital Banking 133

Digital Banking User Experience Meeting Fintech 133

PYMNTS

SEPTEMBER 17, 2019

About 40 percent of all ATO attacks now count as high-risk, meaning banks of all shapes and sizes must reexamine how they think about data protection, security and the tools they use to guard against emerging threats. Arou nd the Digital Banking World. digital bank Monzo. market debut. About the Tracker.

Fraud 196

Fraud Digital Banking Delaware Tools 196

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. This demand is driving the global expense management software market to reach $6.6 Yordex offers virtual cards as well, which can be used to manage online business expenses, such as recurring subscription charges.

Tools 141

Tools Boston Cards Management 141

PYMNTS

NOVEMBER 27, 2019

That is among the reasons why Emirates NBD recently launched the first digital banking service for SMBs in the UAE, a launch that could inspire similar efforts in other parts of the world. It will have a mobile app, and provide different services necessary to carry out banking needs. New Venture. More Improvements.

Fintech 167

Fintech Regional Regulation ATM 167

PYMNTS

JANUARY 15, 2021

The report, which is released eight times a year, is a gathering of anecdotal information on present economic conditions from every Federal Reserve Bank. The newest report illustrates the effect of the pandemic by region and sector as the infection rate increased.

Cards 152

Cards California Capital Tools 152

PYMNTS

JANUARY 30, 2020

Digital banking efforts took center stage at Goldman’s Investor Day on Wednesday (Jan. Eric Lane, global co-head of the Consumer and Investment Management Division, said the company will debut a digital wealth management offering in 2020 and digital checking accounts in 2021.

social media 141

social media Payments ATM Fraud 141

Gonzobanker

JULY 7, 2015

Yet while the demos and screen shots at events like Finovate have provided fascinating fodder regarding the future of digital banking, the FACTS show that these buzz-worthy players have had infinitesimal impact on market share. Bancorp Bank (Simple/PayPal et al) 1,495,558 4,499,959 3,004,401. billion in 2010.

Digital Banking 60

Digital Banking Industry Capital Strategy 60

CB Insights

AUGUST 17, 2021

Chime , a digital banking platform, has raised $750M in a Series G. The round drew participation from Sequoia Capital, Tiger Global Management, General Atlantic, SoftBank Group, and Dragoneer Investment Group. HOW’S THE COMPANY PERFORMING?

Capital 78

Capital Operations California Regional 78

PYMNTS

NOVEMBER 3, 2020

It also details how open banking’s expansion can help businesses build trust with new or existing customers seeking more secure ways to shop. More consumers than ever are transacting online and leveraging digital banking services that pull data from multiple financial providers for more robust pictures of their spending or financial status.

Study 192

Study Data Regulation Digital Banking 192

PYMNTS

JANUARY 24, 2019

That comes from Michael Berner, the consumer business manager of the Russian operations, who is also a Citi Russia board member. As noted by the newswire, western banks through the past five years have faced increasing pressure in the region, in part due to sanctions levied in the wake of Russia’s annexation of Crimea.

Online 108

Online Regional Mobile Retail 108

PYMNTS

JULY 21, 2020

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example. How The Pandemic Is Shifting Open Banking Plans In Latin America .

Mobile 229

Mobile Report America Regulation 229

NCR

SEPTEMBER 1, 2016

Banks and card providers have been devoting a lot of attention recently to Asian markets, and it’s not hard to see why. billion potential customers in China alone, and a similar number in India, the opportunities for banks are immense. With more than 1.3 Image credit: iStockphoto/subodhsathe.

Regional 75

Regional Payments National Boston 75

PYMNTS

SEPTEMBER 15, 2020

In today’s top news in digital-first banking, Goldman Sachs has launched a personal finance offering for customers of average means, and Franklin Templeton’s Singapore subsidiary has joined forces with Razer Fintech. Goldman’s Marcus Adds Personal Finance Management Tools. Plus, First Horizon National Corp.

Tools 131

Tools Fintech Tennessee National 131