Tag: Wholesale

October 24, 2022

With the adoption of Fusion Essence, Delta Bank is migrating its core from on-premise to a cloud-native software-as-a-service (SaaS) solution. The bank, which provides international private banking services to South American investors, is also adopting anti-money laundering (AML) and know […]

October 21, 2022

Billhop says that the partnership will enable Lloyds Bank’s clients to “overcome common card-payment barriers stemming from low card acceptance rates on the supplier side”. Businesses will be able to pay all invoices using the bank’s Commercial Card, including invoices […]

October 19, 2022

The solution is being implemented with Finastra’s partner, Tesselate. Commenting on the deal, Nadia Maslah, chief information officer (CIO) at UBCI, says Finastra’s offering “stands out with its proven capabilities that support growth and corporate banking digitalisation”. “The end-to-end automation […]

October 14, 2022

UBCI has a network of 103 branches and offers a wide range of products and services, including everyday retail banking, project financing, investment banking, bancassurance and wealth management. Profile says the bank was looking to standardise on a single treasury […]

October 10, 2022

Last week U.S. non-farm payrolls showed that 263,000 jobs were added to the U.S. economy in September, better than the 250,000 markets had expected. This data was positive for an already strong U.S. dollar, which has been one of the […]

October 6, 2022

Temenos says its cloud-native core processing engine will allow the bank to roll out new digital services at speed as it embarks on a multi-year digital transformation drive. Craig Bennett, managing director of Asia Pacific at Temenos, says its technology […]

October 4, 2022

Designed for banks, non-bank lenders and credit unions, Thrive’s end-to-end digital lending tech boosts operational efficiencies in the origination and underwriting processes for both SMEs and consumers. The acquisition of the platform by Rapid Finance “represents a significant addition” to […]

September 16, 2022

Robinsons Bank (RBank) in the Philippines has chosen paytech provider BPC and its flagship SmartVista payments platform. The new software will replace legacy systems at RBank and will be used to launch the bank’s new credit card issuance solution and […]

September 15, 2022

Banking tech provider Profile Software has signed Central Bank of Egypt (CBE), Egypt’s monetary authority, for its Acumen.plus treasury management system. “Having demanding compliance and reporting requirements, increasing volume of trades and data and extensive universe of instruments, the risk […]

September 14, 2022

“Many employees wait two weeks, or even a month, for payday to come around,” says Paul Margarites, head of commercial digital platforms for TD Bank. “With current pressure from inflation and other issues, this lack of access to earned wages […]

September 14, 2022

GYEN is the first JPY stablecoin approved by the New York State Department of Financial Services (DFS) and is a 1:1 backed stablecoin with assets held at FDIC-insured banks. The partnership demonstrates Anchorage’s support for responsibly regulated stablecoins, and offers […]

August 30, 2022

Access to finance remains a key growth constraint for small businesses, with data showing a $330 billion financing deficit for the small enterprises that make up 90% of Africa’s businesses. This is the gap that Kenya’s embedded finance fintech Pezesha […]