The landscape of business banking in the UK is undergoing a significant transformation, with mobile banking rapidly becoming the preferred channel for small and medium-sized enterprises (SMEs). As the backbone of the British economy, SMEs account for 60% of employment and half of all turnover in
In an unprecedented move to combat the ever-increasing threat of fraud and scam activities in Australia, the nation's major financial institutions have joined forces to launch the 'BioCatch Trust Australia' network, an innovative interbank intelligence-sharing system. This
In an impressive demonstration of agility and innovation, SEB Embedded successfully leveraged Thought Machine's cloud-native core banking platform, Vault Core, to launch the Hemköp Matkonto service in less than ten months. This rapid development is particularly noteworthy given the
In a groundbreaking development aimed at streamlining payment processes and enhancing fraud controls, Payfinia, Inc. has announced the launch of a new Credit Union Service Organization (CUSO) in collaboration with Star One Credit Union. This initiative is centered around the newly developed Instant
Neo Financial, a Canadian fintech firm, has recently made headlines by raising CAD $360 million in their Series D funding round. This substantial financial boost, consisting of CAD $110 million in equity and CAD $250 million in debt, is set to accelerate the growth of Neo Financial’s diverse suite o
Gate City Bank's decision to partner with Alkami Technology signals a significant step towards modernizing its digital banking services. The bank, which has been serving communities in North Dakota and central Minnesota since 1923, is aiming to enhance its online experience for both retail and
