Banking as a service

Treasury Prime Announces Partnership with Narmi to Offer Banking Customers FedNow for Instant Payments

Retrieved on: 
Tuesday, April 2, 2024
Technology, Finance, Fintech, Banking, Other Technology, Professional Services, Software, Internet, Data Management, Partnership, Federal, Heel, As a service, Banking as a service, RFP, FedNow, Federal Reserve, Treasury

Treasury Prime , a leading embedded banking software company, announced today its strategic partnership with Narmi , a leading provider of digital banking solutions for financial institutions.

Key Points: 
  • Treasury Prime , a leading embedded banking software company, announced today its strategic partnership with Narmi , a leading provider of digital banking solutions for financial institutions.
  • This collaboration enables Treasury Prime’s banking customers to send and receive money instantly through the FedNow Service and integrate the FedNow experience into their products.
  • Through this partnership, financial institutions in Treasury Prime's network can now offer their fintech clients a secure, efficient, and user-friendly platform for real-time payments, thereby enhancing their offerings and increasing revenue.
  • “Narmi’s FedNow Service Provider capabilities combined with Treasury Prime’s embedded banking platform creates a unique and powerful offering,” says Mark Vermeersch, Chief Platform Officer at Treasury Prime.

BIGG Digital Assets Announces the Appointment of Fraser Matthews to its Board of Directors

Retrieved on: 
Tuesday, February 13, 2024
Capco, Banking as a service, Financial services, Capital market, Management consulting, Growth, Banque Saudi Fransi, Ernst & Young, PwC, BSF, Cryptocurrency

VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of Netcoins , Blockchain Intelligence Group and TerraZero is pleased to announce the appointment of Fraser Matthews to its Board of Directors.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of Netcoins , Blockchain Intelligence Group and TerraZero is pleased to announce the appointment of Fraser Matthews to its Board of Directors.
  • Fraser joined the BIGG team on June 7, 2022, as the President of Netcoins.
  • Fraser brings tremendous business acumen, experience and keen insights at the management level - all of which will translate well at the Board level.
  • Fraser has been working exclusively in the Financial Services industry for the last 17 years having held positions in Toronto, New York, London and Dubai.

Satchel and Napier Partner to Secure Banking as a Service for a New Generation of Users

Retrieved on: 
Tuesday, January 23, 2024
Professional Services, Technology, Software, Finance, Asset Management, Fintech, Banking, Partnership, API, Software as a service, AI, Growth, Banking as a service, As a service, Safety, Regulatory technology, Anomaly, AML, Business transaction management, Cryptocurrency

Napier’s solutions will equip Satchel with complete financial crime compliance for anti- money laundering and counter terrorist financing (AML/CTF), and will be integrated into Satchel’s own white labelled BaaS platform.

Key Points: 
  • Napier’s solutions will equip Satchel with complete financial crime compliance for anti- money laundering and counter terrorist financing (AML/CTF), and will be integrated into Satchel’s own white labelled BaaS platform.
  • "With this partnership, Satchel is poised to lead the evolution of Banking as a Service to include Compliance as a Service, delivering secure, innovative, and customer-centric solutions to meet the evolving needs of our customers.
  • Greg Watson , Chief Executive Officer at Napier noted, “Napier is proud to join forces with Satchel in redefining digital banking services globally.
  • Together, we navigate the evolving regulatory landscape, setting new standards for innovation, security, and transparency in digital banking for the next generation of fintechs.”

Pathward and TabaPay Deepen Partnership to Enable Faster Money Movement Solutions for Customers

Retrieved on: 
Thursday, October 26, 2023
Professional Services, Payments, Technology, Finance, Fintech, Banking, Banking as a service, Ecosystem, Optical disc image, Partnership, API, Multimedia, Cryptocurrency, Bank

Pathward ®, N.A., a U.S.-based financial empowerment company driven by its purpose to power financial inclusion, today announced the expansion of its partnership with TabaPay , a leading money movement platform for merchants and leading fintech brands.

Key Points: 
  • Pathward ®, N.A., a U.S.-based financial empowerment company driven by its purpose to power financial inclusion, today announced the expansion of its partnership with TabaPay , a leading money movement platform for merchants and leading fintech brands.
  • The firms first announced partnering in 2020 and the deeper alliance provides added money movement capabilities to Pathward’s partners as they seek to integrate faster payment solutions to meet evolving consumer expectations.
  • “Partnering with Pathward, a leading bank to fintech firms, payfacs, ISOs, and other merchants, aids in our mission to make money movement instant,” noted Manoj Verma, Co-founder and CRO at TabaPay.
  • “Together, we can empower their partners across all industries with faster payment options and best-in-class rails that meet the ever-evolving needs of today’s consumers.”

Uplinq Welcomes Distinguished Technology and Financial Services Leader Kris Hansen to its Board of Advisors

Retrieved on: 
Tuesday, September 26, 2023
Technology, Professional Services, Other Technology, Finance, RBC, Fintech, Small business, Partnership, Wealthsimple, History, Financial Technologies Group, Visa, ATB Financial, Synclera, Banking as a service, Bank, ATB, Island, Cryptocurrency

Uplinq Financial Technologies – the first global credit decisioning support platform for small business lenders – today announced the addition of fintech innovator and industry veteran Kris Hansen to its advisory board.

Key Points: 
  • Uplinq Financial Technologies – the first global credit decisioning support platform for small business lenders – today announced the addition of fintech innovator and industry veteran Kris Hansen to its advisory board.
  • A prominent fintech executive in the United States and Canada, Hansen brings a wealth of experience developing transformative solutions in financial services that leave a lasting impact on people's financial lives.
  • “Throughout my career, I’ve championed innovation in financial services and advocated for the role of technology in shaping our future,” said Kris Hansen.
  • “Many of today’s most prevalent challenges in financial services center around missing technology infrastructure – and that’s exactly the gap that Uplinq bridges at financial institutions worldwide.

CloudPay Appoints Roland Folz As Chief Executive Officer

Retrieved on: 
Monday, August 14, 2023
Payments, Finance, Banking, Professional Services, Technology, Apps, Applications, Fintech, Mobile, Wireless, MBA, Multimedia, Doctor of Philosophy, Deutsche Bank, Marketing, Mercedes-Benz Bank, Banking as a service, Master of Science, As a service, RMIT School of Economics, Finance and Marketing, Folz, Deutsche Telekom, Management, Mathematics

CloudPay , the leading global employee pay provider, today announces the appointment of Roland Folz as Chief Executive Officer, effective immediately.

Key Points: 
  • CloudPay , the leading global employee pay provider, today announces the appointment of Roland Folz as Chief Executive Officer, effective immediately.
  • In his new role as CEO, Folz will lead CloudPay into the next phase of profitable growth following the successful expansion of the company in recent years.
  • “I am delighted to be joining CloudPay,” said Roland Folz.
  • Folz holds a PhD in Finance and Marketing, along with an MBA and MSc in Mathematics.

Dock in Chile: Brazilian B2B Company is Behind Digital Bank Tenpo's Credit Card Technology

Retrieved on: 
Thursday, August 17, 2023
Cayman Islands, Fintech, Banking as a service, Acquisition, Dock, Tenpō

SÃO PAULO, Aug. 17, 2023 /PRNewswire/ -- Dock , a B2B technology company for payments and banking, announced today that Tenpo, Chile's largest digital bank with more than 2.2 million customers, is now a customer of the Brazilian company.

Key Points: 
  • SÃO PAULO, Aug. 17, 2023 /PRNewswire/ -- Dock , a B2B technology company for payments and banking, announced today that Tenpo, Chile's largest digital bank with more than 2.2 million customers, is now a customer of the Brazilian company.
  • Dock's expertise and infrastructure is behind the issuing and processing technology that Tenpo is using for its recently launched credit cards.
  • Chile is the ninth market for Dock, which currently operates more than 70 million active accounts and processes more than $240 billion annually.
  • Tenpo's credit card will allow the Chilean company to compete directly with traditional players in the banking sector.

Provident Bancorp, Inc. Reports Results for the June 30, 2023 Quarter

Retrieved on: 
Thursday, July 27, 2023
Bitcoin, Borrowing base, Insurance, Federal Deposit Insurance Corporation, Interest, Bitcoin ATM, FDIC, Sale, Cryptocurrency, The Company, Banking as a service, GDP, Investment, CECL, SBA, As a service, Growth, Bank, Risk management, Clothing, Rare-earth element

Quarter Ended June 30, 2023 Compared to Quarter Ended March 31, 2023

Key Points: 
  • Quarter Ended June 30, 2023 Compared to Quarter Ended March 31, 2023
    For the quarter ended June 30, 2023, net interest and dividend income was $14.9 million, which represents a decrease of $914,000, or 5.8%, compared to the quarter ended March 31, 2023.
  • For the quarter ended June 30, 2023, noninterest income was $1.7 million, which represents a decrease of $245,000, or 12.6%, compared to the quarter ended March 31, 2023.
  • For the quarter ended June 30, 2023, noninterest expense was $12.8 million, which represents a decrease of $460,000, or 3.5%, compared to the quarter ended March 31, 2023.
  • Quarter Ended June 30, 2023 Compared to Quarter Ended June 30, 2022
    For the quarter ended June 30, 2023, net interest and dividend income was $14.9 million, which represents a decrease of $3.7 million, or 19.9%, from the quarter ended June 30, 2022.

BKN301 Group goes live with Finastra to roll out a Banking as a Service solution

Retrieved on: 
Tuesday, May 16, 2023
Fintech, SEPA, Software as a service, Partnership, EVP, API, Microsoft, Public sector banks in India, Banking as a service, SAN, Microsoft Azure, As a service, Azure, Environment, Cryptocurrency, Online shopping, Essence, Finastra

LONDON and SAN MARINO, May 16, 2023 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, announces that BKN301 Group, a fintech committed to creating a world without financial barriers, has gone live with Finastra's Essence to bring digital and cross-border payments solutions to San Marino and subsequently emerging markets around the world. Finastra's partner Corvallis, Tinexta Group, a leading IT provider in the Italian financial services sector, managed the project, last mile payments integration and the fast implementation of the solution in line with local requirements.

Key Points: 
  • It will also launch a feature that enables customers to open accounts and issue cards quickly and seamlessly.
  • With the digital banking platform in place, BKN301 Group will accelerate its longer-term strategy to bring a Banking as a Service (BaaS) payments solution to corporates in the Middle East and North Africa (MENA) region.
  • "Our success with BKN301 Group demonstrates the strength of Finastra and Corvallis' partnership capabilities for the Italian market," said Francesco Magnani, Client Manager at Corvallis.
  • BKN301 combined the power of Finastra's digital banking solution and Corvallis' knowledge of the rules and environment in which to deploy and run."

BKN301 Group goes live with Finastra to roll out a Banking as a Service solution

Retrieved on: 
Tuesday, May 16, 2023
Fintech, SEPA, Software as a service, Partnership, EVP, API, Microsoft, Public sector banks in India, Banking as a service, SAN, Microsoft Azure, As a service, Azure, Environment, Cryptocurrency, Online shopping, Essence, Finastra

LONDON and SAN MARINO, May 16, 2023 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, announces that BKN301 Group, a fintech committed to creating a world without financial barriers, has gone live with Finastra's Essence to bring digital and cross-border payments solutions to San Marino and subsequently emerging markets around the world. Finastra's partner Corvallis, Tinexta Group, a leading IT provider in the Italian financial services sector, managed the project, last mile payments integration and the fast implementation of the solution in line with local requirements.

Key Points: 
  • It will also launch a feature that enables customers to open accounts and issue cards quickly and seamlessly.
  • With the digital banking platform in place, BKN301 Group will accelerate its longer-term strategy to bring a Banking as a Service (BaaS) payments solution to corporates in the Middle East and North Africa (MENA) region.
  • "Our success with BKN301 Group demonstrates the strength of Finastra and Corvallis' partnership capabilities for the Italian market," said Francesco Magnani, Client Manager at Corvallis.
  • BKN301 combined the power of Finastra's digital banking solution and Corvallis' knowledge of the rules and environment in which to deploy and run."