Tuesday 22nd February 2022 at 3pm GMT Financial institutions of all sizes across the globe recognize the need to transition to cloud-based services. This stems not only from the need to compete with agile neo banks, which reap the benefits of being cloud-native from their inception, but the need to build, launch and scale banking
Over the past two years, digital transformation has reached unprecedented levels in businesses across all industries as organizations pivoted in the face of the pandemic. In 2022, digital transformation will continue to be an umbrella term for innovation strategies and other developments in banking. It will play a crucial role in leading the change in the global
In banking, trends and their related buzzwords pop up with increasing rapidity. Not all of them turn out to be impactful, but enough do that banks and credit unions not only have to track them, but — more importantly — grasp their significance.It’s true, what you don’t know can hurt you. And yes, definitions matter.No
Financial institutions will substantiate their climate alignment commitments As we begin 2022, we look ahead to some major themes likely to emerge this year.We also expect many firms will expand coverage of their target setting; many banks in the Net-Zero Banking Alliance must set interim (2030 or sooner) targets for their most emissions-intensive sectors this year. Read
Alberta’s New Direct Compensation For Property Damage (DCPD) Insurance
Chetwood Financial today announces the launch of Wave, the digital bank’s first-ever credit card, empowering customers to control their spending and manage their finances over the long term. Designed by customers for customers, the Wave credit card offers flexibility and ease for near-prime consumers who typically have fewer credit options available to them, with less functionality.
CBANC, the financial industry’s largest verified online community of banking and credit union professionals, announced today the launch of it’s comprehensive platform that includes the industry’s largest online marketplace of products and solutions designed specifically to meet the needs of financial institutions. The new CBANC Marketplace launches with data and information for 1,000 products from
Sheridan Capital, LLC and Ellington Financial Inc. today jointly announced a strategic partnership whereby EFC made an equity investment in Sheridan Capital, an industry leader in originating commercial real estate bridge loans. “We believe that cementing our partnership with EFC will allow us to continue to provide unique and creative loan products to the market,”
OneConnect Financial Technology Co., Ltd. , a leading technology-as-a-service platform for financial institutions has today announced it has entered into a strategic partnership with Chengfang Financial Technology Co. Ltd., (abbreviated as “Chengfang Financial Technology”), a financial technology company established by the People’s Bank of China (“PBOC”). Working with shared principles of equal collaboration, joint development,
Unifimoney, a turnkey digital wealth management platform, today announced its availability within the Q2 Innovation Studio, making its trading platform pre-enabled to 450+ financial institutions (FIs) on the Q2 digital banking platform. As banks and credit unions embrace innovative fintech services to better serve their customers and remain competitive, investing and wealth management have become
BMO Financial Group has expanded its commercial banking operations in Florida, announcing new leaders in South Florida, West Florida and Central/North Florida regions. The Florida commercial banking team will continue to be overseen by Marty McAndrew, BMO’s Managing Director & Florida Market Executive, Commercial Banking. “We see tremendous opportunity to leverage our industry expertise and
LPL Financial LLC announced today that Elite Financial Network has joined LPL Financial’s broker-dealer, corporate registered investment advisor (RIA) and custodial platforms. The large enterprise reported to LPL that it served approximately $1 billion in advisory, brokerage and retirement plan assets,* and joins LPL from Securities America, part of the Advisor Group network of broker-dealers.
