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FINASTRA CONNECTS TO CONTOUR, OFFERING AN ENHANCED DIGITAL TRADE FINANCE NETWORK

Today at Sibos 2022 in Amsterdam, Finastra announced a strategic collaboration to integrate its Fusion Trade Innovation software with Contour, the global digital trade finance network, providing banks and corporates with a streamlined end-to-end back-office workflow. Users may access their data through either platform, providing banks with increased efficiency and faster turnaround times when processing Letter of Credit

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9 THINGS TO CONSIDER WHEN INTEGRATING A PAYMENT GATEWAY INTO YOUR MOBILE APP

People increasingly look forward to paying various suppliers thanks to the use of mobile phones and numerous applications. Integrating a payment gateway is crucial if you want to create financial eCommerce software that will increase sales and enhance user experience. According to statistics, 73% of all mobile phone users have made a transaction and paid

AFTERPAY LAUNCHES 12-MONTH BNPL PAYMENT OPTION

Buy now, pay later (BNPL) firm Afterpay is launching a new monthly payment option that aims to give consumers greater payment flexibility and responsible spending options ahead of the holiday shopping season. Shoppers who choose Afterpay’s monthly payment option can budget their purchases over a 6- or 12-month return period on purchases ranging from $400 to

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HOW OPEN BANKING KEEPS DATA SAFE WHEN USING IOT DEVICES?

Open banking has opened up new possibilities for financial services and technology, allowing businesses to tap into consumer data like never before. For example, third-party service providers can now access customer bank account information, account balances, financial history, and more. through the bank link and the consent of the customer. Growth and enhancement through in-depth

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WHY THE COST-OF-LIVING PROBLEM IS GIVING SCAMMERS A NEW CHANCE

Continuous advancements in fraud prevention software are needed to protect consumer funds as cybercriminals continue to adapt to new defenses imposed by banks, merchants, buyers, and processors. reason given. It’s a cat and mouse game. The goal of the game? Find and exploit the vulnerable link in the chain of defense. Advanced technologies like machine

NCINO LAUNCHES ENHANCED SMALL BUSINESS BANKING SOLUTION AT AMERICAN BANKER CONFERENCE

nCino, Inc., a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that PeoplesBank, an independent community bank based in York, Pennsylvania, is live on nCino’s Small Business Banking Solution. The $2.3 billion asset PeoplesBank had previously deployed nCino’s Commercial Banking Solution, creating a single, cloud-based platform to meet the

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BLACKSTONE ANNOUNCES COMMITMENT TO 2,000 REFUGEE HIRES ACROSS GLOBAL PORTFOLIO COMPANIES AND REAL ESTATE PROPERTIES

Blackstone announced a commitment to 2,000 refugee hires across its global portfolio companies and at its real estate properties, including 1,500 refugees in the United States alone, by the end of 2025. As part of the announcement, Blackstone is joining Tent, a non-profit network of major companies committed to supporting refugees worldwide. To date, Blackstone’s

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SWIFT PARTNERS WITH CHAINLINK ON A CROSS-CHAIN INTEROPERABILITY PROTOCOL

SWIFT, the interbank messaging system that allows for cross-border payments, is working with Chainlink, a provider of price feeds and other data to blockchains, on a cross-chain interoperability protocol (CCIP) in an initial proof-of-concept. The interbank network will be able to interact across all blockchain systems thanks to CCIP, which will make it possible for

ESUSU AND FANNIE MAE TEAM UP TO CREATE EQUITABLE FINANCIAL OPPORTUNITIES THROUGH RENT REPORTING

Esusu Financial Inc. today announced a new collaboration with Fannie Mae to help renters build credit by incorporating on-time rent payments into renter’s credit scores as part of its strategy to advance equity in the housing market. Through this relationship, Fannie Mae will incentivize its borrowers to report on-time rental payments to the three major

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3 FACTORS THAT AFFECT HOW YOU SERVE YOUR SMALL BUSINESS BANKING CLIENTS

Small businesses make up more than 99% of the economy and are responsible for 65% of new job creation. In our opinion, there’s nothing “small” about that. Many financial institutions (FIs) disregard small business owners despite these statistics. Only 25% of small-to-medium sized businesses (SMBs) have awarded relationship managers a “very good” rating since COVID-19, according to

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CHASE, DOORDASH AND MASTERCARD ANNOUNCE PARTNERSHIP TO LAUNCH CREDIT CARD

Chase, the largest co-brand card issuer in the U.S., and DoorDash, the local commerce platform, today announced plans to launch the first-ever DoorDash credit card, with Mastercard as the exclusive payments network for the new card. The DoorDash Rewards Mastercard will allow cardmembers to unlock benefits and earn rewards on purchases both on and off the DoorDash platform.

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FINTECH STARTUP SIGNZY RAISES $26 MILLION IN SERIES B

Leading digital banking infrastructure enabler Signzy today said that it had raised INR 210 Crore (US$26 Million) from Gaja Capital and its existing investors, Vertex Ventures and Arkam Ventures, in its latest funding round. The Bengaluru-based Fintech SaaS startup further stated that it would use the additional funds to improve its “No-code Workflow Digitalization” platform and solutions

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