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Urbo Bank, formerly Medicinos Bankas, has partnered with certified payment technology provider DECTA to launch Visa card issuing services ahead of schedule.
digital wallet, tokenization, financial institutions, digital banking
Plumery, a digital banking experience platform for customer-centric banking, has launched Digital Lending, a fully end-to-end digital loan origination journey.
financial services, banks, financial institutions, customer experience, lending
UK-based Standard Chartered has launched SC PrismFX, a cross-currency transactional foreign exchange (FX) solutions suite.
FX , product launch, banks, financial institutions
Global fintech iCapital has acquired Parallel Markets, a business that specialises in reusable financial identification solutions.
acquisition, digital onboarding, financial institutions, identity verification, financial services
Commonwealth Bank has urged the Reserve Bank of Australia (RBA) to prohibit all surcharges applied to debit and credit card payments.
payments , banks, financial institutions, regulation
The EU Digital Operational Resilience Act (DORA), first introduced by the European Commission in 2020, has become officially applicable across the EU Single Market.
regulation, DORA, financial institutions, financial services
Lithuania has approved an amendment requiring financial institutions to block all payment card transactions from unregulated operators.
regulation, payments , gambling, financial institutions, transactions
Knowit has partnered with Backbase to support financial institutions in the Nordic region with their digital transformation efforts.
partnership, digital banking, digitalisation, financial institutions
10x Banking has partnered with DLT Apps, a provider of data migration solutions, to leverage AI and improve the banking industry's digital transformation efforts.
artificial intelligence, banks, financial institutions
The SEC has reached a settlement with Shift4 over charges related to the failure to disclose required information about related person transactions.
fraud prevention, financial data, financial institutions, fintech
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent company, Capital One Financial Corp.
fraud prevention, financial services, interest rate, financial institutions
LUXHUB’s mission is to help shape the future of finance by ensuring that players efficiently navigate the Open Banking world…and soon Open Finance. In this article, Anne-Sophie Morvan and Alexandre Keilmann discuss five use-cases, highlighting how FIDA will revolutionise finance.
Open Finance, Open Banking, FIDA, credit scoring, data, financial institutions, investment, carbon footprint, ESG
BISON has announced that Deutsche Bank will be integrated into the custody of Euro balances as part of BISON’s multi-banking strategy.
partnership, banking, financial services, financial institutions
Global provider of payment services Worldline has announced a six-year extension of its partnership with European financial group KBC/CBC.
partnership, payments , financial services, financial institutions
Al Ansari Financial Services has announced its partnership with Abhi Middle East Limited in order to broaden the spectrum of financial solutions available to customers.
Discover the key challenges hindering the success of Open Banking. From political and regulatory barriers to implementation issues like trust and bank readiness, Mike Woods, CEO of Konsentus, explores what’s slowing down progress and how ecosystems across the globe can move forward.
Open Banking, Open Finance, regulation, payments , financial data, API, fintech, financial institutions, PSD2, SCA
Ferdinand Dabitz, CEO of Ivy, discusses the Open Banking evolution, seamless payment experiences, and the growing demand for real-time transactions.
Open Banking, Open Finance, banks, payments , real-time payments, instant payments, payment methods, merchants, chargebacks, API, recurring payments, customer experience, biometric authentication, financial institutions, SEPA
The EBA has released a Consultation Paper detailing draft Regulatory Technical Standards (RTS) to guide institutions on managing their crypto-asset exposures.
cryptocurrency, regulation, risk management, financial institutions
Regions Bank has announced a collaboration with Axway, a data integration technology provider, to implement the Amplify Open Banking platform.
partnership, Open Banking, financial data, financial institutions
Lumin Digital, a cloud-native digital banking provider, has partnered with process automation company FINBOA.
partnership, digital banking, cloud, payments , financial institutions