Digital banking - FinTecBuzz

Varo Bank Welcomes Spencer Rascoff to Board of Directors

April 29, 20225 min

Varo Bank, N.A., the first all-digital, nationally chartered bank in the U.S., today announced the appointment of Spencer Rascoff, Co-Founder and former CEO of Zillow to Varo’s Board of Directors. Rascoff joins Varo’s Board to continue to scale Varo, a one of a kind bank, built from the ground up, designed specifically for the needs of the digital era. Rascoff is a seasoned entrepreneur, company leader, and active angel investor in over 100 companies. He is...

by FTB News Desk

In-House Features

A guide for Digital banking methods

April 29, 20227 min

Ease, convenience, and accuracy are the three pillars of digital banking. But how do they support the Fintech space?

by PRNewswire

Banking

Akulaku Announces Record 2021 Performance

April 27, 20225 min

User Adoption Continues to Accelerate and Revenue Growth Exceeds Expectations Akulaku (“Akulaku” or “the Company”), a leading digital banking and finance platform, today reported accelerated revenue growth during 2021, as it continues to provide financial services to consumers throughout Southeast Asia. Akulaku’s total revenue grew by 122% to US$598 million and total GMV increased by 136% to US$5.8 billion. The total users grew by 242% to 26 million users, and monthly active users increased 108% to 4.8 million in...

by PRNewswire

Banking

BUSINESSNEXT Launches Smart Relationship Manager

April 26, 20223 min

~AI-driven, hyper-personalized Smart RM delivers 3X growth in revenue ~ BUSINESSNEXT, the world’s leading responsive composable banking platform, enriched its product portfolio further by launching Smart Relationship Manager (RM) for banking and financial services. The new age Smart RM is the conjunction of hi-tech artificial intelligence (AI) and digital banking. It provides an enhanced sales and service capabilities to the RMs, enabling them to manage 10 times more customers, impacting three times more revenue while...

by BusinessWire

Banking

World Retail Banking Report 2022

April 21, 202210 min

The World Retail Banking Report 2022 found that 95% of executives believe their current outdated legacy systems and technological capabilities are unable to fully optimize their data for customer-centric growth strategies

by PRNewswire

Banking

ORNL Federal Credit Union Partners with Alkami

April 20, 20225 min

Move to new digital banking platform supports credit union’s strategic focus on retail and business banking Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., announced today that ORNL Federal Credit Union (“ORNL FCU”) is implementing the Alkami Platform to amplify its digital banking experience with leading-edge digital tools and technology designed to help their members thrive. “Our mission was to find a true, single platform that...

by PRNewswire

Banking

Mascoma Bank Selects Alkami as Digital Banking Platform Partner

April 13, 20225 min

Full technology overhaul sets innovative course for other community banks to follow Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for banks and credit unions in the U.S., today announced that Mascoma Bank (“Mascoma”) has selected Alkami’s digital banking platform as part of a full technology stack overhaul with core banking technology firm Thought Machine. This will not only drive future growth for Mascoma, but also serve as a model for other community banks to...

by FTB News Desk

In-House Features

Benefits and features of Digital banking services

April 12, 20227 min

The introduction of tech has enhanced customer satisfaction. This article will walk you through the features of digital banking services and their benefits for customers.

by PRNewswire

Banking

WCCU Chooses Lumin Digital To Provide Digital Banking Services

April 8, 20225 min

Lumin Digital, a PSCU company, announced today that Missouri-based West Community Credit Union (WCCU) has signed a multi-year agreement for Lumin Digital’s cloud-native platform for online and mobile digital banking solutions. Once WCCU goes live on the platform in October 2022, Lumin Digital will support the credit union’s more than 27,000 members. West Community Credit Union, headquartered in O’Fallon, Missouri, is a progressive financial institution that strives to build relationships on trust by truly understanding member needs and offering smart...

by BusinessWire

Banking

NCR Technology Powers Teachers Credit Union’s Digital Transformation

March 29, 20224 min

NCR Corporation (NYSE: NCR), a leading enterprise technology provider, partnered with Teachers Federal Credit Union (Teachers), one of the largest credit unions in the nation, on the successful transformation of its digital-first strategy, resulting in the prestigious Celent Model Bank of the Year Award. Working with NCR Digital Banking, the credit union was able to modernize the online and mobile experience so more members can bank with Teachers when and how they choose. Through NCR’s Digital Banking platform, Teachers expanded...

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