Fintech

Key facts

  • Honolulu-based bank will tap into FIS digital banking solutions to create a modern and highly personalized digital banking experience across online and mobile channels.
  • FIS Digital One has a low-code implementation, which can greatly enhance speed to market.

As the Covid-19 pandemic continues to reshape consumer behaviors and accelerate the adoption of digital banking, Bank of Hawaii has expanded its relationship with financial technology leader FIS ® (NYSE: FIS) to modernize its digital banking offering for its growing customer base. The platform enables Bank of Hawaii to deliver highly intuitive and functionally rich experiences across online and mobile channels and aligns with the bank's mission to invest in new digital options and services for its customers.

With a legacy of nearly 125 years, Bank of Hawaii has served generations of families and continues to serve the evolving needs of the community by modernizing its customer experience through an expanded set of advanced digital conveniences.

With a low-code implementation, which can greatly enhance speed to market, the bank selected FIS Digital One to power its next-generation digital platform. FIS Digital One accelerates digital transformation by providing the ability for a bank's customers to rapidly tailor their user experience while leveraging existing bank assets to deliver compelling customer journeys that drive the business forward. The highly scalable and configurable platform will grow with the bank's needs over time.

FIS Digital One will enable the bank to create and provide a wide range of personalized offerings for its customers. By leveraging FIS Code Connect , Bank of Hawaii can easily integrate with a wide range of third-party fintech solutions and data providers to gain insights about their client base.

"Building a better tomorrow for our customers means making sure we're meeting their needs and providing them with positive experiences across all banking channels," said Chairman, President and CEO Peter S. Ho at Bank of Hawaii. "Digital One is an investment in the future of our community, as it allows us to deliver digital solutions and experiences that our customers want the most."

"Bank of Hawaii is making the right moves to modernize and transform its digital banking capabilities with its selection of Digital One," said Rob Lee, Head of Digital and Banking at FIS. "Delivering seamless and consistent experiences across all digital banking channels is business critical for banks today, especially since the outbreak of the pandemic, which has pushed people to adopt digital banking capabilities at accelerating rates."

This contract further expands Bank of Hawaii's 32-year relationship with FIS.

About FIS

FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor's 500® Index. To learn more, visit www.fisglobal.com . Follow FIS on Facebook , LinkedIn and Twitter ( @FISGlobal ).

About Bank of Hawaii

Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers, and governments in Hawaii and the West Pacific. The Company's principal subsidiary, Bank of Hawaii, was founded in 1897. For more information about Bank of Hawaii Corporation, visit www.boh.com .

Kim Snider, +1 904.438.6278
Senior Vice President
FIS Global Marketing and Communications
kim.snider@fisglobal.com

News Provided by Business Wire via QuoteMedia

Fintech Stocks: 5 Biggest Companies (Updated 2022)

Fintech Stocks: 5 Biggest Companies (Updated 2022)

The top fintech companies are transforming banking, payments and financial services around the world.

However, the fintech space can be a little tricky for the average investor to navigate. In the recent past, the sector was primarily dominated by private startups, making it difficult for investors to get into the fintech market.

Now the situation is changing. KPMG notes that “the pipeline of fintech IPOs is growing globally,” and states that more stock exchanges are opening up to technology listings in a bid to compete with the NASDAQ. That means more fintech innovators are joining the ranks of publicly traded stocks.

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TIMIA Capital

TIMIA Capital to Acquire Controlling Interest in Specialty Finance Company

~TIMIA announces letter of intent to acquire a controlling interest in a second specialty finance company in 2022; Combined company pro forma assets surpass $450 million~

Timia Capital Corporation ("TIMIA" or the "Company") (TSXV: TCA) (OTCQB: TIMCF) a leading innovator in specialty private credit, is pleased to announce it has agreed to acquire approximately 77% of a Canadian-based leading provider of specialty finance lending (the "Target"), for a purchase price of approximately $9.24 million . The total common share valuation of the specialty finance company is $12 million . The vendors of the Target (the "Vendors") and the Target's board and management are at arm's length to the Company.

News Provided by Canada Newswire via QuoteMedia

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FIS Helps Small and Mid-Sized Financial Institutions Digitally Transform Through New Embedded Finance Capabilities in Partnership with Treasury Prime

Key facts

  • New FIS embedded finance offering is developed in partnership with Treasury Prime using application programming interfaces (APIs) that make it easier for financial institutions to offer enhanced digital banking capabilities.
  • Embedded finance services are easily scalable and create new revenue streams for small and mid-sized banks and fintechs by delivering solutions such as digital deposits, accounts payables, and other banking processes that augment or enhance the banks' proprietary digital footprint.

The global economy's digital transformation is accelerating, and community and regional banks are seeking ways to offer the most advanced digital capabilities and open new channels for distribution. To help these financial institutions meet the growing need for digitally-native banking experiences and grow their client base, FIS ® (NYSE: FIS) has announced a new embedded finance offering developed in partnership with Treasury Prime.

News Provided by Business Wire via QuoteMedia

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FIS Helps Small and Mid-Sized Financial Institutions Digitally Transform Through New Embedded Finance Capabilities in Partnership with Treasury Prime

Key facts

  • New FIS embedded finance offering is developed in partnership with Treasury Prime using application programming interfaces (APIs) that make it easier for financial institutions to offer enhanced digital banking capabilities.
  • Embedded finance services are easily scalable and create new revenue streams for small and mid-sized banks and fintechs by delivering solutions such as digital deposits, accounts payables, and other banking processes that augment or enhance the banks' proprietary digital footprint.

The global economy's digital transformation is accelerating, and community and regional banks are seeking ways to offer the most advanced digital capabilities and open new channels for distribution. To help these financial institutions meet the growing need for digitally-native banking experiences and grow their client base, FIS ® (NYSE: FIS) has announced a new embedded finance offering developed in partnership with Treasury Prime.

News Provided by Business Wire via QuoteMedia

Keep reading...Show less

FIS Helps Small and Mid-Sized Financial Institutions Digitally Transform Through New Embedded Finance Capabilities in Partnership with Treasury Prime

Key facts

  • New FIS embedded finance offering is developed in partnership with Treasury Prime using application programming interfaces (APIs) that make it easier for financial institutions to offer enhanced digital banking capabilities.
  • Embedded finance services are easily scalable and create new revenue streams for small and mid-sized banks and fintechs by delivering solutions such as digital deposits, accounts payables, and other banking processes that augment or enhance the banks' proprietary digital footprint.

The global economy's digital transformation is accelerating, and community and regional banks are seeking ways to offer the most advanced digital capabilities and open new channels for distribution. To help these financial institutions meet the growing need for digitally-native banking experiences and grow their client base, FIS ® (NYSE: FIS) has announced a new embedded finance offering developed in partnership with Treasury Prime.

News Provided by Business Wire via QuoteMedia

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INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Intuit Inc.'s Directors and Officers for Breach of Fiduciary Duties - INTU

Scott+Scott Attorneys at Law LLP ("Scott+Scott"), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of INTUit Inc. ("INTUit") (NASDAQ: INTU) breached their fiduciary duties to INTUit and its shareholders. If you are an INTUit shareholder, you are encouraged to contact attorney Joe Pettigrew with Scott+Scott for additional information at (844) 818-6982 or jpettigrew@scott-scott.com .

Scott+Scott is investigating whether members of Intuit's board of directors or senior management failed to manage Intuit in an acceptable manner, in breach of their fiduciary duties to Intuit, and whether Intuit and its shareholders have suffered damages as a result.

News Provided by GlobeNewswire via QuoteMedia

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