British fintech Abound rakes in £500m for AI-based lending platform

By NS Banking Staff Writer

07 Mar 23

The start-up, which was founded in 2020, leverages AI and open banking to make better lending decisions and…

Banking TechnologyInnovation

FIS announces plans to spin off merchant business

By NS Banking Staff Writer

14 Feb 23

Planned separation to create two market leading companies with greater strategic flexibility and operational focus to capitalize on…

Banking TechnologyInnovation

ModernFi raises $4.5m in seed funding as banks embrace software to source deposits and manage balance sheets

By NS Banking Staff Writer

14 Feb 23

Andreessen Horowitz leads round, supporting rapid adoption of the first tech-forward deposit marketplace for banks

Banking TechnologyInnovation

Standard Chartered partners with The Sandbox to create metaverse experience

By NS Banking Staff Writer

26 Apr 22

SCBHK is the first bank to acquire virtual land at The Sandbox metaverse’s Mega City district, a culture…

Banking TechnologyInnovation

FIS launches Banking-as-a-Service Hub for financial institutions

By NS Banking Staff Writer

13 Apr 22

The FIS Banking-as-a-Service Hub will enable business functions that allow banks, fintechs, and businesses to quickly configure new…

Banking TechnologyInnovation

HSBC launches new metaverse portfolio for affluent clients in Asia

By NS Banking Staff Writer

07 Apr 22

The new Metaverse Discretionary Strategy focuses on five segments including infrastructure, computing, virtualisation, experience and discovery, and interface,…

Banking TechnologyBanking ServicesWealth Management

Intrepid Credit Union chooses Scienaptic’s AI-powered platform for advanced credit decisioning

By NS Banking Staff Writer

11 Jan 22

Scienaptic’s credit decisioning platform will enable the credit union to tap into untapped credit opportunities

Banking TechnologyInnovation

Australia, Malaysia, Singapore and South Africa to test digital currencies

By NS Banking Staff Writer

02 Sep 21

Project Dunbar aims to develop prototypes for platforms for cross-border transactions using digital currencies issued by central banks

Banking TechnologyInnovation

SGX, Temasek to set up digital asset infrastructure JV for capital markets

By NS Banking Staff Writer

25 Jan 21

The joint venture will focus on capital markets workflows via smart contracts, ledger, and tokenisation technologies

BlockchainBanking TechnologyInnovation

Konsentus acquires PRETA’s Open Banking Europe

By NS Banking Staff Writer

19 Jan 21

Open Banking Europe is an initiative launched by PRETA in June 2017 to enhance consumer choice and security…

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