SMERSS

QNB Finansbank’s tablet the right dose for core banking

QNB Finansbank brings TouchFinans to SME clients. Everyone's happy!

QNB Finansbank, QNB Group’s subsidiary in Turkey, has developed TouchFinans, a core banking application for the bank’s SME division to carry on their Windows tablets.

Next Insurance launches chatbot on Facebook Messenger

Next Insurance

California-based Next Insurance has unveiled its new insurance chatbot that will enable personal trainers to quote and buy insurance via Facebook Messenger. Next partnered with SmallTalk, a chatbot developer, to become the “first company to provide full service insurance via a social channel”. It also says it has developed a direct link with small business […]

Penta and SolarisBank team for business bank accounts for German SMEs

Berlin: where banking innovation happens

Two Berlin-based fintech firms, Penta and SolarisBank, have joined forces to provide German businesses with “fast access to bank accounts”.

China’s Chained Finance brings blockchain boost to SME funding

china-square-flag

Chinese fintech firms Dianrong and FnConn have launched Chained Finance, the “first-ever” blockchain platform for supply chain finance. According to the pair, supply chain finance companies have been limited by existing technology and, to date, have only served about 15% of suppliers needing financial resources. They claim the vast majority of the 40 million SMEs […]

Mfinance concludes integration platform tender

Zambia's Mfinance selects new integration platform

Kenya-based banking tech provider and integrator NLS Banking Solutions has won the bid to supply an integration platform to Madison Finance Company (Mfinance) in Zambia.

US challenger Clear launches AI-powered bank

Clear Bank US

Clear, a New York City start-up, has launched the “first” artificial intelligence (AI) powered bank for start-ups. The Clear account is designed specifically for start-ups and small business owners to manage their finances through a single banking portal. Its platform lets users ask questions and receive answers without having to look at any spreadsheets or […]

WIR Bank launches new payment card for SMEs in Switzerland

Switzerland to relax fintech rules

Switzerland-based WIR Bank has launched a new payment card for domestic SMEs, with tech provided by SIX Payment Services. It combines the existing functions of the proprietary WIRcard and internationally accepted Visa’s V PAY debit card.

Data gets greater with new Singapore group

Monetary Authority of Singapore

The Monetary Authority of Singapore (MAS) has set up a new Data Analytics Group (DAG) with effect from 15 March 2017 as it looks to improve the financial sector and digital economy. DAG will use data analytics for insights, “enhance the supervision” of financial institutions, make regulatory compliance better for financial institutions, and improve work […]

Trade finance and blockchain: the right time

Trade finance and blockchain

Financial institutions and technology companies have tinkered with trade finance for years, but progress has been slow. Despite automation advances in many areas of financial services, trade finance remains a largely paper-based, manual process. But it could be one area where blockchain technology will be successfully applied.

New SME bank for “millennipreneurs” comes to Europe, BankUP

2016 brought us many new digital banks

BankUP, a new fintech venture based in Kontich, Belgium, looks to tap into the European SME banking market.

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