banks

Feb
22

Fintech Raisin crosses the channel to offer services to UK Savers

Savings marketplace Raisin has launched in the UK. The Berlin based Fintech has been expanding across the European continent but today they have crossed the British Channel to offer their services to UK savers. Raisin provides an interesting service that leverages technology to help savers to save more. Users of their site can shop around […]

By Reposted by International FinTech | FinTech . Investing
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Feb
02

Paris is city of Fintech love for startups seeking hookups

The fintech dating game is on in Paris. Entrepreneurs in Europe’s financial-technology sector are pushing low-cost payments solutions to steal market share from banks, hoping the challenge they pose will spur the lenders to buy them or seek partnerships with them. Many startups are eyeing deals or potential backing as they converge on Paris this […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Jan
31

Indonesia’s fintech lending boom exploits shortfall in bank loans

Fintech firms, offering loans of as little as a few hundred dollars, are seeing a spike in lending in Indonesia where tens of millions of people have little or no access to bank credit – helping alleviate a financing shortfall estimated at more than $73 billion. The emergence of these peer-to-peer (P2P) lending platforms has […]

By Reposted by International FinTech | Banking . Borrowing . FinTech . Lending
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Jan
25

Fintech start-ups continue to disrupt the established order

Fintech start-ups are developing innovative new solutions to shake-up the financial services sector; established banks are having to decide whether to collaborate or compete. Banks have been the dominant force in the financial sector for decades, but it is very possible that this is about to change. Emerging financial technology start-ups are challenging this authority, […]

By Reposted by International FinTech | Banking . FinTech
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Jan
24

Banks and Fintechs are duelling in a ‘War For Talent’

Banks may be losing the talent battle to London’s financial-technology industry, but the war for the customer is still to come. Europe’s financial technology startups are on hiring mode, fighting each other – and the incumbents — in what one executive described as a “war for talent.” Payments company GoCardless Ltd., which employs 170 people […]

By Reposted by International FinTech | Banking . FinTech
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Jan
18

UnionPay International signs long-term partner agreement with global payment innovator Verrency

Verrency today signed a long-term agreement with UnionPay International (UPI), a wholly owned subsidiary of China UnionPay (CUP), to offer Verrency’s innovative value-added services to Union Pay’s issuing banks across Asia. Verrency’s services will be delivered via the UPI Wallet, Union Pay’s innovative API service. Signing the formal agreement were David C. Link, Chief Executive Officer/ […]

By International FinTech | Banking . FinTech . Payments
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Jan
18

Standard Chartered creates fintech investment unit

Standard Chartered said on Wednesday it had established a business unit to invest in financial technology and promote innovation. Dubbed SC Ventures, it will include internal consultants to help the rest of the group solve problems with technology and a team to sponsor and oversee new disruptive technology ventures owned by StanChart. Another part of […]

By Reposted by International FinTech | Banking . FinTech
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Aug
07

PCF Bank partners with Sandstone Technology to launch a digital origination and servicing platform

PCF Bank has launched a new digital platform to facilitate the origination and servicing of savings deposit products online. The service uses the latest responsive device platform from Sandstone Technology supporting mobile, tablet and traditional PC channels. The launch of deposit products by the bank complements its established consumer motor finance and SME asset finance […]

By International FinTech | Banking . FinTech
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