financial - FinTecBuzz

Keybank Expands Embedded Banking Platform with New Capabilities

June 2, 20223 min

KeyBank announced the release of its end-to-end payment facilitation capabilities, allowing software companies to easily own and process payments. The concept of embedding financial products like payments and lending into software is at the forefront of the financial services industry. This release highlights KeyBank’s commitment to being a leader in Embedded Banking. KeyBank acquired XUP Payments in November 2021 to help advance its embedded banking solutions. With KeyBank’s new end-to-end capabilities, powered by XUP, payment facilitators control...

by PRNewswire

Banking

Open Appoints Vijay Sriram as VP of Engineering

June 1, 20226 min

Open Financial Technologies Pvt. Ltd. has appointed Ex-Amazon Techie Vijay Sriram as the Vice President of Engineering. Bespoke CTO Search firm Purple Quarter was the preferred partner for Open’s Tech Leadership Search. Bangalore-headquartered Open Financial Technologies Pvt. Ltd., is committed to delivering a truly seamless business banking experience by focusing on providing neo-banking services to SMEs and startups. With time, the company has become an end-to-end digital FinTech service provider. To further enhance its existing tech vertices, increase scalability and...

by PRNewswire

Banking

United Community Bank Launches United Essential Banking Account

June 1, 20223 min

United Community Bank is proud to expand its banking solutions with a safe and affordable account offering carefully designed to better meet the needs of more members of the communities it serves. United now offers United Essential Banking, a low-cost checking account with consumer-friendly features including no overdraft fees, low minimum deposit to open and no minimum balance requirement. The account is certified as meeting the Bank On National Account Standards from the Cities for Financial Empowerment Fund (CFE...

by PRNewswire

Payments

Trustly acquires Ecospend, further strengthening position in the UK

June 1, 20225 min

Trustly, the leading global payments platform for digital Account-to-Account transactions (“A2A”) today announces the acquisition of the UK-based Open Banking Payments platform Ecospend. Ecospend’s strong UK A2A product and full bank connectivity will complement and enable Trustly to deliver a market-leading product in the UK, and further accelerate its UK roll-out – one of Europe’s most rapidly growing A2A regions and a core growth market for Trustly. Four years after PSD2 made Open Banking a regulatory requirement...

by PRNewswire

Blockchain

Huobi Japan to List BSV, Announces the BSV Blockchain Association

May 30, 20224 min

The Huobi listing, one of Japan's most popular cryptocurrency exchanges, marks the continued momentum and success of the BSV blockchain in 2022

by PRNewswire

Payments

Volante Technologies wins Innovative Payment Solutions Provider

May 30, 20225 min

Volante Technologies, the global leader in cloud payments and financial messaging, today announced it has won the 2022 MEA Finance Banking Technology Award for ‘Most Innovative Payment Solutions Provider’. This award highlights Volante’s innovative payments modernization capabilities in the Middle East and Africa regions. This is the second year in a row that Volante has won ‘Most Innovative Payment Solutions Provider’ at the MEA Finance Banking Technology Awards. Banks in the Middle East are having to step-up to the challenge of...

by BusinessWire

Crypto Currencies

27% of US Adults Invested in Cryptocurrencies: Report

May 27, 20228 min

The global cryptocurrency exchange KuCoin has released the Into The Cryptoverse US Report detailing statistics about the adoption of cryptocurrencies and blockchain technologies in the United States. The report provides important insights into the penetration of decentralized technologies and digital currencies into US citizens’ financial and investment behavior based on a survey conducted among adults in the US. According to the survey by KuCoin, the share of crypto investors among US adults has gone up 5% compared...

by FTB News Desk

In-House Features

Products and benefits of Direct Lending

May 27, 20229 min

Finance is needed for business funding, but tapping the right sources is necessary. Are there other finance options apart from loans for meeting these needs?

by FTB News Desk

Interview

FinTech Interview with Logan Henderson – CEO & Founder at Gridline

May 26, 202221 min

by BusinessWire

Insurance

REPLY acquires FINCON extending presence in Germany

May 25, 20225 min

REPLY [EXM, STAR: REY] announces today that has signed an agreement to acquire 100% of FINCON Unternehmensberatung GmbH (www.fincon.eu) – a German consulting company leader in digital transformation projects for the banking and the insurance industry. FINCON, headquartered in Hamburg, is a pure consulting company specialized on the core processes and systems for the financial services industry such as, mobile banking, payments, core banking, internal control system and regulatory compliance, BIPRO and insurance systems. Among...

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