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Goldman Sachs looks for deals to boost Marcus, Reuters

News | Online & Mobile Banking | 15 Jan 2021

Reuters has cited sources stating that Goldman Sachs is considering acquisitions to improve its consumer banking unit Marcus, after slowing loan and deposit growth in 2020 amid pandemic.

Goldman Sachs, Marcus, consumer banking, loan, deposit, pandemic, bank, M&A, digital banking

MiFinity teams up with Offside Gaming to offer additional payment methods

News | Mobile Payments | 05 Nov 2020

UK-based payments solutions provider MiFinity has announced its partnership with sports betting and casino games platform Offside Gaming.

MiFinity, Offside Gaming, LATAM, Europe, partnership, e-wallet, merchants, deposit, withdrawal, Transfer, gaming, casino, sportsbook, Virtual Sports

South Korea sees offline banking decrease in favour of fintechs

News | Online & Mobile Banking | 06 Oct 2020

South Koreans visiting banks for money withdrawal, deposit, and transfer have decreased in numbers due to online and mobile banking users multiplying. 

offline banking, South Korea, fintech, banks, Bank of Korea, mobile banking, online banking, withdrawal, deposit, Transfer, smartphone, apps, central bank, ATMs, banking apps, digital banks, digital payments, online shopping

Stackin' raises USD 12.6 mln in Series B funding round

News | Mobile Payments | 02 Jun 2020

US-based text message financial platform Stackin' has raised a USD 12.6 million Series B funding round.

US, Octopus Ventures, Experian Ventures, Cherry Tree Investments, Dig Ventures, Mucker Capital, Unlock Venture Partners, Techstars, Wavemaker Partners, machine learning, marketplace, deposit, credit cards, loans, insurance, Twilio, Google, Verified SMS, UK

Finxact announces Core-as-a-Service on Microsoft Azure

News | Digital Identity, Security & Online Fraud | 14 May 2020

Finxact, a US-based Core-as-a-Service banking provider, has completed a replatforming initiative to support its financial institution clients on Microsoft Azure.

Finxact, Core-as-a-Service, Microsoft Azure, financial institution clients, digital transformation, security, compliance, cloud providers, transaction processing engine, inventory management system, deposit, loan, core transaction data, analytics, decision tools, Microsoft Power BI

Revolut launches bank in Lithuania

News | Online & Mobile Banking | 04 May 2020

Revolut has launched a bank for its customer-base in Lithuania, helping to expand the UK fintech’s European footprint, according to Retail Banker International.

Revolut, bank, Lithuania, lending, deposit