ING wins Green Bond of the Year, leads EUR 19 million round in Spanish fintech
ING Group’s dual-tranche green bond was awarded ‘Green bond of the year’, and their Ventures fund led an investment round in Spanish personal finance platform Fintonic. The bonds, which raised a total of USD 2.9 billion, have also seen ING secure top spot as the largest Europe-based financial institutional issuer of green bonds. Early estimates […]
ABN AMRO to enhance digital mortgage offerings with Infosys partnership
An intricate partnership has been formed whereby Infosys will acquire 75% of ABN AMRO subsidiary Stater, and ABN AMRO will benefit from the former’s ability to accelerate the administrative mortgage services of Stater. “While mortgages are a key product for ABN AMRO, providing administrative mortgage services is not a core activity,” says Christian Bornfeld, member […]
ING comes out on top of Forbes’ inaugural World’s Best Banks list
Forbes and market research outfit Statista surveyed over 40,000 customers in almost 24 countries about their opinions on the banks they use. The survey covered whether people would recommend their bank, their satisfaction levels, and five sub dimensions including trust and digital services. ING, which is the Netherlands’ largest bank, topped the list due largely […]
Research at a Glance: Week 12
Cashing in on the trends: marketing in the banking sector By Kin + Carta In overviewing the key trends in digital marketing amongst banks, this report is able to ascertain the effective methods and strategies to reach and engage different consumer groups. It also addresses the increasing conversion to cashlessness due to the underlying convenience, […]
Research at a Glance: Week 10
Early Lessons on Regulatory Innovations to Enable Inclusive FinTech By UNSGSA, Cambridge Centre for Alternative Finance, Monetary Authority of Singapore This report takes as its point of departure the idea that inclusive financial innovation cannot be realised without the right regulatory environment. To do this, countries employ various means including regtech for regulators, innovation offices, and […]
Inecobank secures USD 15 million in funding
Inecobank, an Armenian-based bank, raised the funds from global impact investment manager Blue Orchard’s Microfinance Fund. The agreement was for a subordinated debt facility with a seven-year maturity period, and was the first time Blue Orchard’s Microfinance Fund delivered such a facility in Armenia. Inecobank will use the funds to fuel its general activities. The […]
Member Spotlight: WealthObjects
Providing “unique solutions with the speed, cost and efficiency of an off-the-shelf provider,” WealthObjects builds digital wealth solutions for financial institutions, from end-to-end proposition launches to resolving singular pain points. Their bespoke products and services are built by technical and financial experts, with the industry experience to provide first-class on-going support and consultation. We sat […]
Temenos: leader in core banking and cultural expansion
Temenos continues to showcase its adaptability and diversity as it has been chosen by Saudi Arabia’s second largest bank, Al Rajhi Bank, to provide a complete renovation of their core banking technology. This comes a matter of months after adding Australian challenger bank Volt, Tunisia’s Banque de l’Habitat, and Libya’s Alejma’a Alarabi Bank to their […]
Oracle Blockchain and SDK.finance one step ahead of regulations
The Czech core payments platform for banks and fintech firms has adopted Oracle’s blockchain platform to enable facilitate faster, more cost effective and secure payments, especially cross-border. This comes as the European Parliament recently passed the ‘Cross-border euro transfers and currency conversions’ proposal to slash fees on cross-border euro payments between EU countries that are in […]
Member Spotlight: Five Degrees
Bruno Macedo, Product Evangelist at digital banking platform provider Five Degrees talk about the company is changing fintech.