Newswire SummariesNew York, New York (May 9, 2024)--Sopra Steria and Sopra Banking Software (SBS) today announced the findings of the third annual Digital Banking Experience (DBX) Report, produced in partnership with Forrester and Ipsos. As AI rises to the top of banks’ digital priorities, the report examines the specific opportunities that are making the technology a business imperative. Among the top factors putting pressure on banks to lean into AI are new and emerging regulations around open banking, with 7...
Lake Mary, Fla., US – May 16, 2024 – Finastra today announced that Cache Valley Bank, a community bank with $2.9 billion in assets serving Utah and Southern Idaho, has expanded its collaboration with the financial software provider, gaining increased flexibility and agility through its cloud-based solutions. The bank will leverage Finastra Phoenix for its core, Finastra Digital Banking for consumer and business mobile banking, and a suite of ancillary solutions to enhance its operations and ...
Wilmington, Del. May 16, 2024 – Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of the 2024 Online Credit Card Scorecard. Bank of America earned first place in the Scorecard for its online user experience in Keynova Group’s competitive evaluation of the 10 leading U.S. credit card issuers’ websites. The Scorecard’s findings show that leading issuers are enhancing fraud mitigation in their online card appl...
ATLANTA – May 16, 2024- Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced that the company has achieved Certified Integration Partner status with Corelation, a leading and innovative core processor for credit unions. By further leveraging REPAY’s integration with Corelation’s KeyStone platform, credit unions can simplify operations, streamline payment processing and surpass member expectations. Continu...
ATLANTA, May 16, 2024 − NCR Voyix (NYSE: VYX), a leading global provider of digital commerce solutions, has introduced Aloha Kiosk, powered by GRUBBRR. Restaurant operators continue to experience challenges recovering from COVID-19, including finding and retaining labor, and addressing increased wages and rising food costs. To help restaurants overcome these obstacles, NCR Voyix and GRUBBRR have partnered to bring to market the Aloha Kiosk by NCR Voyix, a fully platform-enabled and integ...
Philadelphia, May 16, 2024—Manufacturing activity in the region weakened overall, according to the firms responding to the May Manufacturing Business Outlook Survey. The diffusion index for current general activity remained positive but declined 11 points to 4.5 in May, mostly undoing its increase from last month. The new orders and shipments indexes turned negative. On balance, the firms indicated a decline in employment, and price indexes were below their long-run averages. The survey’s br...
Dublin, May 16, 2024—Irish AI startup Numra, previously known as Autonifai, has announced a €1.5 million funding round to introduce its AI finance assistant, "Mary," to the market. The investment was led by Elkstone, a prominent Irish VC firm, with contributions from notable angel investors. The company was founded in August 2023 by David Kearney (CEO) and Conor Digan (CTO). Kearney, who qualified as a Chartered Accountant with PwC, previously co-founded Peblo, an invoice factoring fintec...
Evervault Debuts Modular Payment Security Platform to Give Customers More Flexibility and Control Evervault launches into the payments landscape by applying their advanced encryption model to payments security infrastructure. The platform offers the highest optionality and security to customers, giving them full ownership over their payment stack with minimal compliance burden. As payments become increasingly global and digital, offering greater flexibility empowers companies to enter n...
Amsterdam / London, 16th May 2024 – Despite Britain announcing last week that it is officially out of recession, Brits are increasingly turning to prepaid cards and adjusting their spending habits to manage the ongoing cost of living crisis and to avoid debt, according to a new survey conducted by research firm Opinium, commissioned by leading online prepaid payment firm Recharge. The survey of 2,000 UK adults (18+) reveals that 1 in 5 Brits (11.4 million) use prepaid cards, a 118% increa...
ATLANTA, May 14, 2024 - CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Avidbank (over $2 billion in assets) to launch a beneficial credit card program for their commercial customers. Avidbank, headquartered in San Jose, California is known for its highly responsive and customer-centric approach and specializes in providing custom financial solutions in commercial & industrial lending, venture lending, structured finance, asset-based lending, s...
75% of banks not ready for open banking, AI could help
Cache Valley Bank speeds digital growth strategy with Finastra
BofA No. 1 in Keynova Group’s 2024 Online Credit Card Scorecard
REPAY a Certified Integration Partner with Corelation's KeyStone platform
NCR Voyix , Grubbrr introduce Aloha Kiosk for restaurants
Manufacturing indicators decline in May, Fed says
Irish AI startup Numra, launches finance assistant 'Mary'
Evervault debuts modular payment security platform
