financial institution

Payments Startup Flutterwave Partners IndusInd Bank to Expand Into India
Payments Startup Flutterwave Partners IndusInd Bank to Expand Into India
September 08, 2023  |  Partnerships

African payments startup Flutterwave is reportedly expanding into the Indian market through a partnership with IndusInd Bank. This move makes Flutterwave the first African company to scale up...

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Matera Launches Digital Twin for Handling Real-Time Transactions
Matera Launches Digital Twin for Handling Real-Time Transactions
September 05, 2023  |  Payment Methods

Matera has launched cloud-native software designed to sit on top of a financial institution’s core banking platform, enabling real-time transaction authorizations and balance updates 24/7 for...

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Goldman Sachs Boosts Compliance Department Amid Regulatory Scrutiny of Industry
Goldman Sachs Boosts Compliance Department Amid Regulatory Scrutiny of Industry
August 17, 2023  |  Regulation

Goldman Sachs Group is reportedly adding staff to its compliance department amid increased scrutiny of the industry from the Federal Reserve. The Wall Street firm plans...

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Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
June 27, 2023  |  Security & Fraud

Fraud prevention firm Sardine has launched an industrywide, independent consortium to curtail payment fraud. The new SardineX will bring together financial institutions and FinTech companies to share data and...

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Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
Overdraft Fees Plummet as Banks, FinTechs Find Value in Monetizing ‘Alerts’
May 31, 2023  |  Banking

Overdraft fees have been a hot button issue in financial services.  But they’re less of a revenue source for banks — significantly less — than...

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How Technology Is Increasingly Humanizing Digital Banks
How Technology Is Increasingly Humanizing Digital Banks
November 17, 2022  |  Digital Banking

By some accounts, the omnichannel bank of the future has digital roots that trace back 20 years or more, Michael Haney, head of digital core...

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UAE-Based FI Mashreq Launches Non-Banking Services Platform for Small Businesses
UAE-Based FI Mashreq Launches Non-Banking Services Platform for Small Businesses
August 01, 2022  |  SMBs

Mashreq, a financial institution based in the United Arab Emirates, has debuted a non-banking business services platform, Mashreq Business Banking Value Added Services, for small...

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Canada’s CIBC Partners With Will-Writing Platform Willful
Canada’s CIBC Partners With Will-Writing Platform Willful
July 05, 2022  |  Partnerships

Canadian financial institution (FI) CIBC will be working with Willful, a platform for will creation, to add digital options for affordable estate planning, a press...

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Why Every Bank Can Be, and Should Be, a Banking-as-a-Service Company
Why Every Bank Can Be, and Should Be, a Banking-as-a-Service Company
June 03, 2022  |  Banking

“At the heart of every bank is a service company.” Jim McCarthy, president of i2c, remarked to Karen Webster that there’s ample opportunity (and a...

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