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SECB selects Earthport to support it cross-border payment business
The services offered by Earthport will enable SECB to improve its cross-border payment capabilities, increase payment processing efficiency and offer…
TBK Bank acquires nine Independent Bank branches
TBK Bank purchased approximately $99 million in loans and assumed approximately $162 million in deposits associated with the branches for…
STK token to allow real-time transactions using cryptocurrency
STACK, the first financial technology company to announce contactless cryptocurrency transactions, has a working prototype and a roadmap to deliver…
MutualFirst Financial, Universal Bancorp enter into merger agreement
Upon the closing of the transaction, BloomBank, the wholly owned bank subsidiary of Universal, will merge into MutualFirst's wholly owned bank…
Mastercard launches tool to protect accounts from data breaches
The Early Detection System provides an advanced alert to the issuers for cards and accounts that are at a greater…
Numerix integrates analytics into Oneview Asset Management
Being driven by the search for yield and a desire for increased diversification, in today’s environment buy-side market participants are…
Cooperative Bank of Oromia launches universal banking platform
“This new technology will enable the bank’s growth strategy, supported by an agile core banking solution, powerful analytics, and a…
HSBC to test open banking platform
HSBC will test the open banking platform, HSBC Beta, with 10,000 UK customers. Participants will be able to add accounts…
Banking AI Platform uses empathy engine to transform the industry
"What financial institutions have is a tremendous amount of data, far richer than any social media company out there. But…
Chime secures $18m in Series B financing round
With over 500,000 bank accounts opened since the company's 2014 launch, this latest round of financing will be used to…