Category: Banking
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Sharjah Islamic Bank partners with Noqodi for digital payment services
Sharjah Islamic Bank (SIB) is excited to announce its strategic partnership with Noqodi, a leading digital payment services provider in the region. This partnership aims to revolutionize the banking experience for SIB customers by offering convenient and secure digital payment solutions. Noqodi’s advanced technology and expertise in digital payments align perfectly with SIB’s…
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Access FS and Nomo Bank partner to provide Sharia property finance
Access FS, a leading global financial services provider, has announced a strategic partnership with Nomo Bank to offer Sharia-compliant property finance solutions. The Rise of Sharia Property Finance As the demand for Sharia-compliant financial products continues to grow, Access FS aims to expand its range of services to cater to this specific segment. By joining…
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BoA and HM Treasury respond to CBDC consultation
BoA and HM Treasury Respond to CBDC Consultation The Bank of America (BoA) and the HM Treasury have jointly submitted their response to the Central Bank Digital Currency (CBDC) consultation conducted by the government. The CBDC consultation aimed to gather insights on the potential benefits, challenges, and implementation strategies associated with introducing a digital currency…
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Torpago partners with Marqeta
Torpago Partners with Marqeta Torpago, a leading financial technology company, has announced a strategic partnership with Marqeta, a global modern card issuing platform. This collaboration aims to revolutionize the payments industry by offering innovative solutions to businesses and consumers alike. Enhancing Payment Services Torpago’s expertise in delivering seamless payment experiences combined with Marqeta’s advanced…
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CGI signs a service agreement with the National Bank of Canada
MONTREAL - In a strategic move to enhance their digital capabilities, CGI, a leading global provider of information technology and business process services, has signed a service agreement with the National Bank of Canada, one of the country’s largest financial institutions. This collaboration aims to strengthen and streamline the bank’s digital banking…
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Finastra’s LaserPro integrates Newgen’s loan origination system
Finastra, a leading financial technology provider, has announced the integration of Newgen’s loan origination system with their popular LaserPro software. This collaboration aims to streamline the loan origination process and enhance efficiency for financial institutions globally. LaserPro is well-known for its comprehensive loan documentation and compliance suite, while Newgen’s loan…
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Temenos, Nagarro partner for banking growth in Romania and Poland
Image source: Bank Innovation Temenos, the leading banking software provider, and Nagarro, a reputed global technology consultancy, have announced a strategic partnership aimed at driving banking growth in Romania and Poland. This collaboration brings together Temenos’s cutting-edge banking technology and Nagarro’s expertise in digital transformation to deliver transformative banking solutions for financial institutions in the…
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GFT Technologies agrees to acquire Sophos Solutions
Breaking news! GFT Technologies, a leading provider of innovative technology solutions for the financial industry, has recently announced its agreement to acquire Sophos Solutions, a renowned cybersecurity firm. This strategic acquisition comes at a time when businesses across the globe are facing an ever-increasing number of cyber threats and attacks. With the digital landscape expanding…
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Rapid Finance and LoanPro join forces for US small business lending
Rapid Finance, a leading provider of alternative funding solutions, has announced its strategic partnership with LoanPro, a cutting-edge digital lending platform, to revolutionize small business lending in the United States. This collaboration aims to provide greater access to capital for businesses, streamline the lending process, and deliver unparalleled customer experiences. With both companies sharing…
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Novo announces Novo Payroll for small businesses
Novo, a leading provider of financial solutions for small businesses, is excited to introduce a new product designed to simplify the payroll process. With Novo Payroll, small businesses can now effortlessly manage their employee payroll, ensuring accurate and timely compensation. This innovative solution not only streamlines the administrative burden but also offers comprehensive…
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Central 1 taps Flinks for Open Banking functionality
Central 1, a leading digital banking and payments provider, is partnering with Flinks, a leading Canadian financial data provider, to unlock the potential of Open Banking in Canada. Open Banking refers to the secure sharing of financial information between a customer’s financial institutions and authorized third-party providers. It allows customers to seamlessly access their…
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Bluevine adds Allpoint to its ATM network
Bluevine Adds Allpoint to Its ATM Network Enhancing Access to Cash: Bluevine Announces Allpoint Integration Bluevine, a prominent financial technology company, recently teamed up with Allpoint, one of the largest surcharge-free ATM networks in the United States. This partnership represents a significant milestone for Bluevine, allowing its customers to enjoy an extensive network of conveniently…
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CFPB targets fees on real-time transaction declines
CFPB Targets Fees on Real-Time Transaction Declines The Consumer Financial Protection Bureau (CFPB) is taking a closer look at the fees imposed on real-time transaction declines by financial institutions. The move is part of an effort to protect consumers from unfair practices and promote transparency within the industry. Real-time transactions, where funds are instantly deducted…
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Objectway acquires Nest Wealth
Introduction Objectway, a leading software provider for the wealth and asset management industry, has announced its acquisition of Nest Wealth, a prominent Canadian digital wealth management platform. This strategic move comes as Objectway aims to expand its global footprint and enhance its digital capabilities. About Objectway Objectway has been at the forefront of…
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Token.io joins SPAA scheme
Exciting news in the world of fintech as Token.io becomes the latest organization to join the Secure Payments for Agile Accounting (SPAA) scheme. This partnership represents a significant step forward in revolutionizing the way payments are processed and accounting is managed in the digital era. What is SPAA? The SPAA scheme aims to provide a…
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Mashreq partners with Fils
Mashreq Bank, one of the leading financial institutions in the Middle East, has announced a strategic partnership with Fils Corporation, a renowned technology company. This collaboration aims to revolutionize the banking experience for customers by leveraging the power of innovative technology. Enhancing Digital Transformation The partnership between Mashreq and Fils will bring new and exciting…
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TESSELATE partners with MITech
Exciting collaboration aims to revolutionize the tech industry About TESSELATE and MITech TESSELATE, a leading technology solutions provider, has recently announced a groundbreaking partnership with MITech, a renowned research and development firm. This collaboration aims to combine TESSELATE’s expertise in delivering innovative solutions with MITech’s cutting-edge technologies, paving the way for a groundbreaking revolution in…
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Revolut launches Mobile Wallets to support international transfers
Revolut introduces a new era of banking Revolut, the innovative financial technology company, has announced the launch of its highly-anticipated Mobile Wallets feature. This game-changing solution provides users with a simple and straightforward method to conveniently transfer money internationally. Seamless international transfers made easy Gone are the days of complicated bank transfers and hefty fees.…
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Kiya.ai partners with Arab Financial Services
Kiya.ai and Arab Financial Services partnership Enhancing Financial Services with Artificial Intelligence Kiya.ai, a leading AI-powered financial technology company, has announced its partnership with Arab Financial Services (AFS) to revolutionize and enhance financial services in the Arab region. The collaboration between Kiya.ai and AFS aims to combine the prowess of AI technology with the extensive…
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Ozone API raises GBP 8.5 million in Series A round
London, UK – October 25, 2021 The innovative technology company, Ozone API, has successfully raised GBP 8.5 million in a recent Series A funding round. The funding was led by prominent venture capital firms, paving the way for the company’s rapid growth in the API market. The Ozone API platform offers developers a powerful set…