Search Results for "Access Bank"
10 results for "Access Bank"
Deals 10
JPMorgan Launches Embedded Finance for Walmart Marketplace Sellers
JPMorgan unveiled embedded finance services for Walmart Marketplace sellers, integrating financial products directly into the e-commerce platform. The partnership enables sellers to access banking and financial services within the Walmart ecosystem. This marks a significant move by a major bank into embedded commerce finance.
Arab Bank's Acabes Launches BaaS API Platform for MENA Markets
Arab Bank's fintech arm Acabes launched a Banking-as-a-Service API platform targeting the Middle East and North Africa region. The platform enables third parties to access banking services via APIs. This represents a significant BaaS expansion by a major traditional bank into the MENA market.
Mastercard Partners with SAVA Backed by Access Bank to Serve African SMEs
Mastercard partnered with South African fintech SAVA to deliver expense management tools for small businesses across Africa. Access Bank serves as SAVA's sponsor bank in South Africa, providing the regulatory banking infrastructure. The partnership leverages SAVA's Payment Transaction System and targets SMEs in South Africa, Nigeria, Kenya, and Egypt.
PNC Bank and Koxa Launch Embedded Banking Integration for Workday ERP
PNC Bank and Koxa announced an embedded banking integration enabling PNC's corporate and commercial clients to access banking services directly within their Workday ERP system. The integration provides real-time balance information, payment submission, and transaction reconciliation. This partnership brings embedded finance capabilities to enterprise treasury workflows.
JPMorgan Chase and Gusto Partner to Offer Embedded Payroll for SMBs
JPMorgan Chase partnered with payroll fintech Gusto to embed payroll services into Chase Payment Solutions for small and medium-sized businesses. Clients can now access banking, payments, and payroll through a single sign-in on chase.com. The integration allows businesses to run payroll, calculate taxes, and create paystubs without leaving the Chase platform.
Mastercard Acquires Open Banking Platform Aiia to Expand API Connectivity
Mastercard acquired Aiia, a European open banking technology provider that connects to over 2,700 banks via API. The deal expands Mastercard's embedded finance infrastructure by enabling fintechs and third parties to access bank account data and initiate payments through open banking APIs.
JPMorgan Chase Explores White-Label Checking Accounts for Amazon
JPMorgan Chase was reported to be exploring a partnership with Amazon to offer white-label checking accounts, representing one of the highest-profile potential embedded finance deals of 2019. The arrangement would allow Amazon customers to access bank accounts branded for the e-commerce platform but powered by JPMorgan's banking infrastructure.
Starling Bank Expands Banking-as-a-Service via Open APIs
Starling Bank announced the expansion of its Banking-as-a-Service offering around PayExpo 2018, opening APIs for white-label banking, debit cards, and payments. The BaaS platform enables fintechs to access banking infrastructure without obtaining their own banking license. Early partners include Instarem and FIS Global.
Nordea Launches Open Banking Platform Live in Sweden
Nordea launched its open banking platform in Sweden, enabling third-party developers and fintechs to access banking APIs. The move positions Nordea as an early mover in PSD2-driven open banking in the Nordics. It allows fintech partners to build embedded financial services on top of Nordea's banking infrastructure.
BankMobile Announces Merger with Flagship Community Bank
BankMobile, a fintech-focused digital bank, announced plans to spin off and merge with Flagship Community Bank, a community bank acting as a sponsor bank. The deal was scheduled to close in mid-2018. This merger exemplifies the sponsor bank model where fintechs partner with chartered banks to access banking licenses and deposit insurance.