banks - FinTecBuzz

Deloitte Digita releases Digital Banking research result

May 9, 20227 min

Data shows challenger banks by and for underrepresented communities, or affinity banks, are becoming increasingly popular and gaining market share from incumbent banks Deloitte Digital, the experience consultancy, today announced the findings of a study exploring the intersection of digital banking and financial inclusion and the role banks should play in addressing inequities. The evolution of digital banking is pushing financial services to catch up with society’s demand for representation. The rapidly increasing numbers of...

by PRNewswire

Banking

SB Financial Group, Inc. Named to KBW 2022 Annual Bank Honor Roll

May 9, 20224 min

SB Financial Group, Inc. (NASDAQ: SBFG) (“SB Financial” or the “Company”), a diversified financial services company providing full-service community banking, mortgage banking, wealth management, private client and title insurance services, today announced it has been named to the 2022 Keefe, Bruyette & Woods, Inc. “Bank Honor Roll” of superior performers. This is the second straight year SB Financial Group, Inc. has earned the distinction. KBW, a full–service, boutique investment bank and broker–dealer that specializes in the financial services...

by PRNewswire

Banking

OneConnect Enters Banking Software-as-a-Service Space with Pismo

April 12, 20225 min

Combining the best of the East and West, OneConnect taps into banking Software-as-a-Service, extending its range of services in SEA and the Middle East, with a modern core financial platform. OneConnect Financial Technology Co., Ltd (OneConnect), the leading Technology-as-a-Service (TaaS) provider and an associate of Ping An Group, today announced an exclusive strategic partnership with Pismo, one of the world’s fastest-growing banking Software-as-a-Service (SaaS) firm with momentum in the Americas and Europe. This partnership sees OneConnect’s suite of cutting-edge technological solutions complemented with Pismo’s...

by BusinessWire

Banking

United Kingdom Core Banking Solutions Markets, 2022-2027

April 4, 20227 min

he “UK Core Banking Solutions Market (2022-2027) by Type, Deployment Mode, Enterprise Size, End-User, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering. The UK’s Core Banking Solutions Market is estimated to be USD 749.89 Mn in 2022 and is expected to reach USD 1597.56 Mn by 2027, growing at a CAGR of 16.33%. The report provides a detailed analysis of the competitors in the market. It covers the financial...

by PRNewswire

Banking

RMA Forms New Climate Risk Consortium for Regional Banks

March 24, 20226 min

Consortium for Large Banks Grows, Includes Ally Bank, BMO Financial Group, Societe Generale, Sumitomo Mitsui Banking Corporation (SMBC), TD Bank Group

by PRNewswire

Banking

Azentio Software delivered its Shariah-compliant profit calculation

March 14, 20224 min

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that Bank of Abyssinia (“BoA”) has successfully gone live with iMAL*IslamicFinancing and iMAL*ProfitCalculationSystem in less than four months, to support the growth of its Islamic window operations. Azentio’s Shariah-compliant profit calculation and distribution system makes profit distribution highly efficient. With the company’s AAOIFI-certified Islamic banking suite, BoA will be able to compete with both, Islamic banks and conventional banking methods of interest payouts, in rates and...

by BusinessWire

API

Zeta & Mastercard to Power Next-gen Credit Processing for Banks

March 8, 20226 min

Mastercard makes capital investment in Zeta

by BusinessWire

Banking Platform

STACS Partners CSOP Asset Management as Blockchain Platform Provider

February 10, 20228 min

Platform eliminates and streamlines bespoke trade matching parameters, resolving trade exceptions in real-time for asset managers

by BusinessWire

Banking

Accenture named as a leader in Everest Group’s Platform IT Services

January 27, 20225 min

Accenture (NYSE: ACN) has, for the second consecutive time, been named a Leader in platform IT services for banking and capital markets in a report by industry analyst firm Everest Group. In the report, titled “Platform IT Services in BFS PEAK Matrix® Assessment 2022,” Accenture is positioned as a Leader for both Market Impact, which assesses service providers against criteria such as market adoption, portfolio mix and value delivered to clients; and Vision & Capability,...

by PRNewswire

Payments

Safenetpay to launch new Mastercard targeting UK’s 6Mn SMEs

December 10, 20213 min

Safenetpay, the one stop business payment solution, today announces they will launch a new SME Mastercard. The card is the latest development in Safenetpay’s mission to create a fairer and more progressive financial ecosystem for the UK’s 6 million SMEs and sole traders. Safenetpay will issue Mastercards directly, improving the delivery of its pioneering B2B payment solutions and ability to acquire new customers at scale. Sanjar Mavlyanov, CEO and founder of Safenetpay, says “Introducing a Mastercard to go...

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