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Finastra survey finds BaaS set to make a significant impact

June 29, 20219 min

85% of respondents at global financial institutions believe Banking as a Service (BaaS) will make an impact over the next year; 40% believe the impact will be significant More than 9 in 10 respondents agree that Open Banking is important to their organization; 97% of those that already use Open Banking recognize that it has provided benefits to their business Finastra research reveals that Banking as a Service (BaaS) and embedded banking services are set to...

by BusinessWire

Financial Software

JPMorgan Chase Financial Company LLC Announces the Early Redemption of Cushing® 30 MLP Index ETNs

December 19, 20193 min

JPMorgan Chase Financial Company LLC (the “Issuer”) announced today that it will redeem all of its outstanding Cushing 30 MLP Index ETNs due June 15, 2037 (the “Redeemed ETNs”) with a CUSIP of 48129G703 (NYSE Arca: PPLN). Terms used but not defined herein shall have the meanings ascribed to those terms in the market-making supplement dated April 5, 2018 related to the Redeemed ETNs (the “Market-Making Supplement”). fintech news The Redemption Valuation Date will be...

by FTB News Desk

Banking Banking Platform

Leading “Fintech” Financial Technology Company Offers Bank-like Services to the Unbanked

October 18, 20187 min

ViViPAY partners with Sport Club Corinthians Paulista to launch the “Timão Card” ViViPAY, a leading “Fintech” Financial technology company with over 15 years of experience in the financial market, has signed a partnership with the Sport Club Corinthians, Paulista. The agreement creates the “Timão card by ViVi”, which provides a digital wallet linked to a prepaid Mastercard, that gives Corinthian fans a low-cost option to having a traditional bank account. “The focus of this partnership...