banking - page 2

News

Nubank Plans to Unveil New Market This Year

Nubank, one of the fastest growing digital financial institutions in the world, plans to announce this year an expansion after the sweeping through its home market Brazil, and also Mexico, and Colombia.

Fintech & Ecommerce

Cornerstone Financial Credit Union Adds Flexibility to Online Banking With BNPL Offering

Managing over $627 million in assets, Cornerstone is the first credit union in Tennessee to offer BNPL solutions to its 48,000 members for on-the-go access to instant funds and extra flexibility.

Events

Open Banking Expo Canada Is Back for Its 7th Edition

With Canada’s Open Banking Framework on the fast track – driven by bipartisan commitment and an operational deadline poised for the end of 2025 – this is the event where the future of consumer-driven banking takes shape. Join 600+ attendees, 80+ expert speakers, and 20+ exhibitors for high-impact sessions, actionable insights, and unrivalled networking. Discover how to: Operationalize consumer-driven finance and commercialize […]

Fintech & Ecommerce

Ascendion and Axos Bank Join Efforts to Revolutionize Digital Banking With AI

In collaboration with Ascendion, a leader in AI-driven software engineering, Axos Bank’s Zenith platform is set to incorporate innovative features that streamline banking operations and offer personalized services to its users.

Fintech & Ecommerce

Revolut Launches in Ukraine

Residents of Ukraine can now open European multi-currency accounts through Revolut Bank.

News

Derivative Path and Wells Fargo to Deliver Enhanced Payment Tools to Regional Banks

The new solution from Derivative Path and Wells Fargo simplifies and speeds up international transactions, allowing smaller regional banks to offer secure and transparent foreign exchange (FX) payment services similar to those provided by big financial institutions.

Science & Technology

Goldman Sachs Launches Internal Gen AI Assistant

Goldman Sachs has launched an AI-powered assistant for its employees to enhance wealth management services. The firm hopes this smart tool will absorb Goldman’s corporate culture over the coming years making its assistance akin to the one provided by the company’s seasoned banker.

Fintech & Ecommerce

Female-Led Fintech: Top Apps Addressing Gender-Specific Issues 

While the progress of gender equality in the world is unquestionable, a larger part of the global unbanked population is female, with the divide being more prominent in developing economies. However, select fintech startups focus on narrowing this gap, addressing gender-specific financial challenges with their tech-driven solutions.

News

HSBC Reportedly to Scale Back Retail Banking in Some Countries

The media has released information according to which HSBC is currently considering scaling back its retail banking operations in countries such as Mexico, Malaysia, Indonesia, and some others.

Fintech & Ecommerce

MCB Bank & BPC to Enhance Security With AI-Driven SmartVista Solution

SmartVista Fraud Risk Management solution will safeguard MCB Bank financial transactions with advanced AI fraud detection capabilities, real-time transaction monitoring, behavioural profiling, and machine learning-based risk assessment.

Articles

Is Web 3.0 Already Impacting Payments?

Everyone talks about Web 3.0 and how the next evolution of the internet gives users control over their data and assets. It may seem that the third iteration of the world wide web is already in full swing. Is it, though? Let’s take a closer look at the payments industry to discover any traces of […]

Articles

Why Faster Settlement and Open Banking Matter in 2024?

We live in the age when speed of sharing information and financial data is critical. Volatile markets, high-liquidity businesses and innovative open banking apps – that’s what defines the XXI century finance. Here’s why you should bother about faster settlement times and implementation of open banking practices in 2024.

News

Mastercard Allies With Buna Cross-Border Arab Payment System

Mastercard has joined Buna, the Arab Regional Payment System, to enable faster, more affordable cross-border payments in and out of the MENA region.

Articles

Comparing Terms Deposits: Using Interest Calculators to Find the Best Rates

Term deposits are one of the best ways to grow your savings. Otherwise called fixed deposits, you can earn interest by depositing a lump sum for a fixed time. Nowadays, many banks and other financial institutions also offer term deposits with varying rates, which can be pretty overwhelming if you’re unfamiliar with it. Worry no […]

Fintech & Ecommerce

Ukrainian Monobank Launched BNPL Marketplace

Ukrainian neobank Monobank has introduced a new marketplace service for gadgets and electronics with BNPL payment options available for every item.

Fintech & Ecommerce

Santander Scales Geography of Platform Openbank

The Openbank digital banking platform, which is part of the Santander virtual ecosystem, has officially become available to consumers living in the United States.