News for: Financial Technology

03, 07, 2020

IBOS member NatWest launches new open banking payments service

IBOS member NatWest has announced the launch of a new online payment service, Payit™, targeted at mid to large corporate companies. Payit™ allows customers to make instant online payments to […]

23, 06, 2020

IBOS member NatWest is developing behavioural biometrics technology, set to replace bank passwords

IBOS member NatWest is developing behavioural biometrics technology which could replace banking passwords. Next year, an additional form of authentication will be required for some transactions when Strong Customer Authentication […]

23, 06, 2020

IBOS member Santander UK introduces PagoFX, an International Money Transfer Service for businesses

PagoFX, Santander’s low-cost international money transfer service, is now available for the 3.5 million sole traders in the UK for the first time, opening up its fast, secure and low-cost […]

03, 06, 2020

Santander Group’s venture capital fund, Santander InnoVentures, invests in Latin American alternative SME lender a55

IBOS member Santander has recently announced that the Group’s venture capital fund, Santander InnoVentures, has invested into a55, a Latin American income-secured alternative small and medium-sized enterprise (SME) lender.  Since launching […]

17, 04, 2020

IBOS member Banco Santander launches fintech to take on TransferWise, highlighted in the Financial Times

IBOS member Banco Santander has launched a standalone fintech, designed to take on money transfer businesses such as TransferWise. This new fintech offers a free two-month service to attract customers, including […]

04, 11, 2019

IBOS member Banco Santander invests £350 million in UK fintech Ebury, published in the Financial Times

IBOS member Banco Santander today announced a strategic investment in Ebury, the best-in-class trade and foreign exchange facilitator for small and medium-sized companies, for £350 million (approximately €400 million), to […]

01, 10, 2019

IBOS member RBC is the first bank in Canada to launch a platform to help businesses drive growth

IBOS member Royal Bank of Canada (RBC) is the first bank in Canada to launch Insights-as-a-Service Platform to Help Businesses Drive Growth. RBC has announced the launch of the RBC Insight Edge™ platform […]

30, 09, 2019

IBOS member US Bank signs agreements with top data aggregators and fintechs

IBOS member US Bank has made agreements with seven leading data aggregator and fintech companies, bolstering API efforts. These agreements will make it easier, faster and more secure for customers to connect […]

10, 09, 2019

IBOS member Nordea invests in fintech CrediWire

IBOS member Nordea has invested in fintech company CrediWire, together with the Danish bank Sparekassen Kronjylland. Several of Nordea’s Danish corporate customers already use CrediWire’s solution to get an easy […]

15, 07, 2019

IBOS member SVB and First Data welcome Class 9 of Commerce.Innovated. Accelerator

IBOS member Silicon Valley Bank (SVB) and First Data, a global leader in commerce-enabling technology, have selected five startups to participate in Class 9 of Commerce.Innovated. Class 9 of Commerce.Innovated. […]