SC Ventures invests in UK ethical challenger Algbra
As part of the deal, Algbra has also partnered with SC Venture’s climate-focused savings platform, Shoal.
As part of the deal, Algbra has also partnered with SC Venture’s climate-focused savings platform, Shoal.
NFCU is “continuing to standardise” with the fintech’s engagement banking platform.
The platform is set to strengthen the building society’s talent acquisition efforts.
The bank is to adopt the vendor’s LoanVantage solution and Banno Digital Platform.
The challenger has leveraged Starling’s BaaS platform Engine to power the launch of its digital offering.
Puro Finance is expected to operate as a subsidiary of the bank upon closure of the deal in May.
The partnership will be focused on “bringing together digital payments and loyalty for M&S customers”.
The deals were revealed during the Google Cloud Next event in Las Vegas this week.
An embedded world is a world where trust is essential and needs to be constantly renewed.
Openbank is currently live in Spain, Germany, the Netherlands, Portugal and Argentina.
The Phoenix-headquartered credit union has opted for NCR Atleos’ ATMaaS solution.
The UK-based challenger will make its Mexican debut with money transfer services.
Praveen TM, CEO of Opus Technologies: “Innovation is the only way to survive in this competitive market.”
The JV will absorb Credit Suisse’s Japanese advisor base and wealth management assets.
The bank is delivering the cards using Corserv’s account issuer programme.
The testing will begin on 13 May this year, with the aim to explore several potential use cases.
The bank says its latest offering will be launched fully “in the coming weeks”.
The deal is expected to be finalised within the next 12 months.
The joint venture will offer payment acceptance and payment acquisition solutions for merchants in France.
The challenger’s offering combines both digital Islamic banking services and physical community centres.
The approval by the Saudi Central Bank will see the company transition from STC Pay to STC Bank.
The London-based fintech says it is now gearing up for an EU-wide launch “later this year”.
The bank will have access to the vendor’s network of over 950 API-integrated, third-party fintechs.
Being cloud native and supporting multi-tenancy are key considerations when looking at a new core banking solution.
Zand’s CEO claims the move will enable “seamless deployment of digital assets, AI, and blockchain technologies.”
TD hopes the partnership will help streamline the development and deployment of new products and services.
Project Agorá will see seven central banks work in partnership with several private sector participants.
Investment in core banking technology will continue to be the utmost priority for the industry.
The arrangement will see the bank leverage the Zurich-based start-up’s SaaS solution Amiko.
Touchpoints with customers are not a good thing. Stop counting them. Stop wanting them.
The OHB offers government-subsidised housing loans to low and middle income groups.
Banking-as-a-Service and Risk-as-a-Service have been cited as two “potential areas of collaboration”.
Core story: GOLD GETTERS – The Olympics and fintech make the perfect team.
Cosmic was co-developed by MAS and six banks – Citibank, DBS, HSBC, OCBC, UOB, and Standard Chartered.
The bank has tapped its partner’s IDEX Pay solution to install fingerprint sensors into its physical card offering.
Bhatia counts the likes of Stripe, PayPal and Capital One among her previous employers.
The new cash injection adds to the $20 million Constantinople previously raised via its May 2022 seed round.
Westpac’s current stack “isn’t older or less capable than peers… we just have too much of it”, according to its CEO.
The community bank will implement Apiture’s Digital Banking Platform offering alongside a number of other solutions.
Even in the age of an AI arms race, we can still reclaim what is uniquely human: our empathy.