Accelerating innovation in digital banking
BANKINGSTACK is a cloud-native digital banking OS that helps banks and financial institutions to launch fintech-powered solutions in a matter of weeks. Delivered in a fully managed SaaS model, BANKINGSTACK seamlessly integrates ‘beyond banking’ capabilities with banks’ existing offerings, helping them serve as a holistic ‘financial OS’ for their customers.
BANKINGSTACK is a part of Open Financial Technologies, the world’s fastest growing digital banking enterprise. We power 2.7 million businesses through our suite of digital banking products. Over 14 banking clients are using BANKINGSTACK to drive growth in new customer acquisitions, low cost deposits and lending revenues, while unlocking new market segments and new revenue streams. One of India’s top 3 private banks saw 3X growth in current account deposits and 10% growth in customer acquisition within months of implementing BANKINGSTACK.
DeFi sleuths trace $284M in loans and stablecoin risk linked to Stream Finance
Yields and More maps out over $284 million in DeFi debt tied to Stream Finance, exposing complex loops across stablecoins and lending markets. On Tuesday, a detailed post by DeFi group Yields and More...
Bitcoin Falls Below $100,000—Here’s Why Crypto Prices May Be Dropping
Bitcoin prices dropped below $100,000, a five-month low, on Tuesday, part of a broader decline for the crypto market over the last month as investors appeared to pull away from riskier assets while th...
Bitcoin, Ethereum, Dogecoin Down Bad Amid Record $19 Billion in Crypto Liquidations
If you looked away from crypto markets on Friday, then you missed a record-breaking bloodbath. Following a Friday morning threat from U.S. President Donald Trump to unleash "massive" new trade tariff...
Hargreaves Lansdown Warns Against Bitcoin as Asset Class Following UK Ban Lift
Hargreaves Lansdown warned clients that cryptocurrencies should not be relied upon to meet long-term financial goals. The comments come as the U.K.’s Financial Conduct Authority lifted its 2021 ban on...
The stockmarket is not the economy, as the old investing cliché goes. That is obvious enough to anyone paying attention in America this year. President Donald Trump’s tariff fervour has dented growth,...
Swift partners with Consensys to build blockchain settlement system
Swift is teaming up with Consensys and over 30 unspecified institutions to build a blockchain-based settlement system for 24/7 real-time cross-border payments. The Swift interbank communication networ...
Crypto payments firm RedotPay claims unicorn status with $47M raise
Stablecoin payments firm RedotPay said it joined the ranks of fintech unicorns after securing a $47 million strategic investment round. The raise saw participation from Coinbase Ventures, with continu...
Coinbase CEO sets sights on replacing banks with crypto super app
Coinbase CEO Brian Armstrong has outlined plans to build a crypto super app, offering credit cards, payments and Bitcoin rewards to rival traditional banks. Speaking during a recent interview with Fox...
Spreedly, a leading open payments platform, today announced its acquisition of Dodgeball, a modern fraud orchestration company. The acquisition brings payments optimization and fraud management under ...
Fed’s ‘third mandate’ may devalue dollar, send crypto soaring
A “third mandate” from the US Federal Reserve could change long-term monetary policy if actioned, which could be bad news for the dollar but good news for crypto. The Fed has long been considered to h...