Key Takeaways As crypto has grown, regulators have become more interested in monitoring the space. Several U.S. agencies, including the SEC, CFTC, and OCC,...

Found, an emerging financial services firm, announced recently that it has secured $60 million in the latest funding round to increase the adoption of business banking services.

The evolution of digital fintech has left in its wake a great challenge for the traditional financial service institutions – step up or get thrown out of business. Neobanks happen to be at the center of this rally for a high-end, digitally inclined banking experience.  While some traditional financial institutions implement digital finance services systems, […]

The post Neobanking: Stats, Future & Top Software Solutions [2022] appeared first on SDK.finance - White-Label Digital Core Banking Software.

Pakistan’s largest lender, Habib Bank Ltd., will adopt a new platform after months of customer complaints about frequent outages. The Karachi-based lender will onboard its more than 25 million clients onto the Temenos core banking platform, HBL said in a statement Friday, citing increased reliability and security as benefits. HBL had announced a new Chief […]

Historic news out of the Middle East leads off our international fintech coverage this week on Finovate Global. Israel’s AI-powered transaction monitoring innovator ThetaRay has been selected by the UAE’s Mashreq Bank to help ensure secure cross-border transfers for its correspondent banking business. The partnership marks the first time that an Israel-based fintech company has Read more...

The post ThetaRay Forges Historic Partnership with UAE’s Mashreq Bank to Enable Secure Cross-Border Fund Transfers appeared first on Finovate.

Backbase has forged a new partnership with New England-area financial institution, Eastern Bank. Eastern Bank will leverage Backbase-as-a-Service and Backbase Digital Sales technology to streamline its new account opening process, as well as create and release new financial products and services. With $24 billion in assets and more than 120 locations, Eastern Bank serves customers Read more...

The post Backbase Inks New Partnership with Boston-based Eastern Bank appeared first on Finovate.

Government crackdowns may destabilize Russian crime rings and strengthen their ties to Chinese allies.

A recently identified malicious campaign has been abusing Microsoft Teams for the distribution of malware, enterprise email security firm Avanan reports.

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The digital bank will initially cater to the country’s SMEs, with a beta launch expected in Q1 2022.

Open banking is a topic that can no longer be ignored, with the vast majority of financial institutions expecting the biggest changes in the next five years. The opportunities presented by open banking are huge. Banks connect the dots and develop insightful customer journeys; tap into an exceptionally broad marketplace; integrate with third-party services; and […]

Exciting open vacancies at Hazy, Starling Bank and Monzo. Apply today!

The neobank has been built by Cairo Amman Bank, a full-service bank in Jordan and Palestine.