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A look at the companies demoing live at FinovateFall on September 24 through 26, 2018 in New York. Register today and save your spot. Partner HUB’s Charlie-India platform offers a white label platform for electronic invoice presentment and payment for banks, payment service providers, and fintechs. Features White label product retaining the bank’s primary customer contact Solution Read more…
Digital identity verification company Onfido partnered with India’s largest shared ride company Zoomcar last week. This marks Onfido’s sixth ridesharing partnership. The London-based company has also teamed up with Drivy, BlaBlaCar, EasyCar, Turo, and most recently, SnappCar. Zoomcar’s mobile app allows users to rent cars and cycles by the hour, day, week, or month. Onfido will Read more…
Two headlines from NCR Corporation reflect the breadth of the company’s work with financial institutions and underbanked populations around the world. First up is news that NCR has been selected by leading Oman bank, BankDhofar, to overhaul its current self-service banking network. The bank will also deploy NCR’s SelfServ 80 Series ATMs, upgrading BankDhofar’s current Read more…
Kreditech has selected Mambu’s Software-as-a-Service (SaaS) banking engine for its push into India’s lending market, reports Antony Peyton of Banking Technology (Finovate’s sister publication.) The firm currently operates in Europe and Latin America and said it will expand into the sub-continent in early 2018, together with its partner PayU, a payments provider and a Mambu client Read more…
Data analytics and insights company NICE announced a strategic partnership this week. The Israel-based company has teamed up with Brightstar India, a subdivision of Brightstar Global that manages mobile devices across the wireless ecosystem. The partnership will support the launch of NICE Uptivity, a workforce optimization solution for small-to-medium sized businesses (SMBs). Nice Uptivity offers tools Read more…
Adhil Shetty, CEO of BankBazaar, was recognized by the India FinTech Awards 2017 earlier this month. Shetty was named Fintech Leader of the Year at the event, which featured more than 200 attendees, more than 40 speakers, and 20 shortlisted startups from six countries. “Today, paperless, presenceless transactions are becoming the face of digital finance,” Read more…
With FinovateAsia just over a week away (and tickets still available!), you’ll forgive us for having fintech-in-Asia on our minds. But the news that NCR has signed a deal with the largest financial institution in India to deploy more than 7,000 ATMs throughout the country over the next seven years is a great reminder of Read more…
A look at the companies demoing live at FinovateAsia on 8 November 2016 in Hong Kong. Pick up your tickets today and save your spot. Gradatim IT Ventures India will show its Rapid Deployment Insurance and Banking Systems: Cloud up, OnDemand, Analytics Driven. They are flexible, standard systems that manage all core processes. Features: Create Read more…
Yesterday, Social Money debuted iWish, a product powered by GoalSaver, in India. ICICI Bank, India’s largest private sector bank, now allows customers to publicly save for a goal using iWish, a product that has similar features as SmartyPig, one of Social Money’s consumer products. One difference between iWish and SmartyPig, however, is that iWish offers Read more…
Des Moines-based Social Money, the creator of GoalSaver technology and owner of SmartyPig, announced a partnership with ICICI Bank in India yesterday. The 2,700-branch bank will have access to Social Money’s GoalSaver product (pictured right). While the bank has not yet disclosed how it will use the product, Bank Innovation shares an inside scoop: “Broadly, GoalSaver hopes to Read more…
You can really see how the global financial crisis has stunted banking innovation by looking at how little Facebook has been used as a delivery channel (note 1). The first financial institution in the world to offer Facebook account access, KeyPoint Federal Credit Union (powered by MShift) launched in Nov 2007 (post here), when the Read more…
Although PayPal has made huge inroads around the world with more than half its accounts outside the United States, there is still room for country-specific, person-to-person payment solutions. One new entrant, Wallet365 in India <wallet365.in>, is a service from Timesofmoney, a division of The Times Group, India's largest media and entertainment company. While we aren't Read more…