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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.
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The National Center for Public Policy Research — a Washington DC-based think tank championing free markets — submitted a shareholder proposal to Amazon saying that a Bitcoin corporate treasury strateg...
A Bitcoin-related bill is gaining support in the United States, signaling a potential boost for the cryptocurrency’s value, which could hit $1 million. Former President Donald Trump’s victory in the 2...
Collectively, Americans now owe a record $1.17 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances rose by $24 b...
Klarna, which is known for its popular buy now, pay later business, said Wednesday it has confidentially filed IPO documents with the SEC. Analysts recently valued the company in the $15 billion range...
Authorised Push Payment (APP) fraud continues to be one of the most pressing concerns for financial services, the payment industry, law enforcement and the general public – and new developments in cro...
FTX has reportedly sued former Trump administration official Anthony Scaramucci to recover creditor funds. The suit was one of several filed by the bankrupt cryptocurrency company in its efforts to cl...
Transak has received its second Money Transmitter License (MTL) from the US state of Delaware, while also gaining registration with the Financial Transactions and Reports Analysis Centre of Canada (FI...
Melio, an accounts payable and receivable platform for small and medium businesses, has hit a $2 billion valuation in a $150 million strategic funding round led by Fiserv. Shopify Ventures, Capital On...
Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and transparent. The new Mastercard Move Commercial Paym...
Growth in the payments industry, which was once characterized by rapid expansion, is now slowing as the shift from cash to digital payments has reached its peak, according to BCG research. The BCG Glo...
