Author: Bankable PR Team

Bankable partners with Starling Bank to provide UK Agency Banking access to its clients

Posted on by Bankable PR Team

Money 2020, Copenhagen, June 28, 2017 –

Bankable signed a direct strategic partnership with Starling Bank, one of the UK’s leading challenger banks, to provide real-time Faster Payments.

Bankable will integrate its Banking as a Service platform with Starling’s state of the art API set.

Bankable’s proprietary API based Banking as a Service platform provides turnkey payment solutions with account / card issuance and management, transaction processing, as well as compliance and ancillary services. The partnership will allow clients to send and receive Faster Payments all in real-time through Starlings API.

The Bankable-Starling Bank partnership complements Bankable’s existing relationship with Arkea Business Service providing access to Step 2 and Target 2 Euro clearing systems. This partnership will provide a turnkey solution for ambitious cross-border Challenger Bank initiatives originated by Incumbents or FinTechs. Our clients will be able to focus on their brand, distribution and client acquisition instead of reinventing the “infrastructure wheel”, in turn translating to accelerated time to market.

Bankable has successfully delivered projects for demanding Tier-1 banks and FinTechs for the last six years. Bankable’s speedy implementation approach enables clients to generate revenues faster, increasing their valuation and attractiveness.

By promoting pilot-based-experimentation, Bankable allows its customers to quickly launch, test and validate a new service before moving towards a seamless deployment.

Julian Sawyer, Starling Bank COO, commented: “We are very excited to partner with Bankable. This partnership will allow their customers to access the Faster Payments infrastructure and to complete payments all in real-time. Bankable have a strong presence within the European banking market with their innovative payment solutions enabling a complete Banking as a Service model. We believe this partnership will continue to improve the experience for customers and continue to drive innovation within the financial ecosystem”.

Eric Mouilleron, Bankable’s CEO and founder commented: “We have followed Starling Bank since their inception. We decided to partner with Starling Bank immediately after they became the 13th UK Faster Payment member in January 2017. Starling Bank is different from other Challenger Banks as they started by building a strong back end and are led by former bankers who have contributed to different banking innovation waves over the last 30 years along a strong diverse team. We are excited to partner with a technology focused and client centric Bank who delivers real-time access to payment schemes, as opposed to the file-based systems made available by Incumbent Banks.”

About Starling Bank

Starling Bank Limited was founded in 2014 and granted its licence in July 2016 by the UK’s Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). Starling Bank is a mobile only bank offering current accounts within the UK. Starling Payment Services is a new division within Starling Bank, focused on providing payment solutions to organisations. The division is run by Julian Sawyer, Starling Bank’s Chief Operating Officer. Starling Bank offers connectivity to all the main payment schemes within the UK, which include Faster Payments, BACS and Master Card Issuance.

Website: https://www.starlingbank.com/paymentservices/

Linkedin: https://www.linkedin.com/showcase/11118750/

About Bankable

London based Bankable is an enabler of innovative, global payment solutions providing “Banking as a Service”. Our core account and card management platform is available in white-label or via APIs enabling any regulated or non-regulated organisation to quickly deploy payment solutions – including light banking solutions, payment account & e-wallet services, virtual & plastic card programmes, as well as virtual ledgers and reconciliation solutions. Our client base includes both regulated financial institutions (Banks, Electronic Money Issuers, Payment Institutions, Insurance companies…) and non-regulated global corporates and FinTechs who use our platform to streamline their payments processes and generate new revenue opportunities.

More info on www.bnkbl.com
@wearebankable

For more information, please contact:
BANKABLE: hello@bnkbl.com

Bankable partners with Arkea Banking Services to power Agency Banking

Posted on by Bankable PR Team

May 17, 2017 – Paris – Bankable signed a direct strategic partnership with Arkea Banking Services, a European white-label banking pioneer, to power Agency Banking solutions as an additional layer to the Bankable product portfolio. Arkéa Banking Services will provide Bankable’s API banking Platform as a Service access to Euro payment rails – for both retail payments and real-time large-value payments.

Arkéa Banking Services, owned by France-based Credit Mutuel Arkea, will provide its principal member access solution to Bankable – empowering Bankable’s clients with access to Step 2 and Target 2 Euro clearing systems along with the ability to deploy local IBANs* on their own BIC (sort code) in most European countries.

Bankable’s proprietary API based Banking as a Service platform provides turnkey solutions for Challenger Banks with account/card issuance and management, transaction processing, as well as compliance and ancillary services.

The Bankable-Arkéa Banking Services partnership empowers Challenger Bank initiatives originated by Incumbents or FinTechs to focus on their brand, distribution and client acquisition instead of reinventing the “infrastructure wheel”, in turn translating to accelerated time to market.

Bankable has successfully delivered projects for demanding Tier-1 banks and FinTechs for the last six years. Bankable’s speedy implementation approach enables clients to generate revenues faster, increasing their valuation and attractiveness.

By promoting pilot-based-experimentation, Bankable allows its customers to quickly launch, test and validate a new service before moving towards a seamless deployment.

Christophe Bitner, President of the Executive Board of Arkea Banking Services, commented: “We are very excited to partner with Bankable. As a pioneer in white-label banking services, we are thrilled to onboard new FinTech and Incumbents via Bankable. This strategic partnership also fuels our white-label cross-border development strategy in Europe.”

Eric Mouilleron, Bankable’s CEO and founder commented: “We met Ronan Le Moal the CEO of Crédit Mutuel Arkea and his team in 2010, the year Arkea Banking Services was launched. Over the years, we have fostered mutual respect between our two organisations as we both provide white-label infrastructure solutions. Arkea Banking Services connects our API banking platform to Euro payment rails both for retail payments (SEPA credit transfers and direct debits via STEP2) and real time large-value payments (via TARGET 2) engines. As a team, we are now changing speed to welcome and serve the most ambitious FinTech or Incumbents to leverage both Bankable and Arkea Banking Services platforms.”

* The IBAN (International Bank Account Number) is a unique number that identifies a bank account regardless of the bank or country in which this account is held. This standard effectively facilitates cross-border transfers.


About Arkea Banking Services
A subsidiary of the Credit Mutuel Arkéa co-operative banking group, Arkéa Banking Services provides tailored solutions for financial institutions in France and Europe.

Founded in 2010, Arkéa Banking Services is a pioneer in white-label banking services and has become a benchmark player for outsourcing IT systems and banking processes. In today’s environment of financial institutions’ transformation, Arkéa Banking Services draws on the unique adaptability of its approach to underpin the transformation of its clients.

Arkéa Banking Services’ customers include payment institutions (such as Brink’s, Compte Nickel), Allianz Banque for its core banking service, RCI Banque for its Zesto savings account, PSA Banque for its Distingo passbook savings account, and La Banque Postale Crédit Entreprise for the back office processing of medium- and long-term credit for businesses.

For further information, see www.arkea-banking-services.com
@ArkeaBS

About Crédit Mutuel Arkéa
The Crédit Mutuel Arkéa Group encompasses the Crédit Mutuel federations of Brittany and the South-Western and Massif Central regions of France, as well as around twenty specialized subsidiaries (Fortuneo, Monext, Arkéa Banque Entreprises et Institutionnels, Financo, Federal Finance, Suravenir, etc.). With nearly 9,000 employees, 3,500 administrators, 3.9 million shareholders and customers in banking and insurance, Crédit Mutuel Arkéa ranks among the leading financial institutions headquartered regionally.

For further information, see www.arkea.com
@cmarkea


About Bankable
Bankable is an enabler of innovative, global payment solutions providing “Banking as a Service”. Our core account and card management platform is available in white-label or via APIs enabling any regulated or non-regulated organisation to quickly deploy payment solutions – including light banking solutions, payment account & e-wallet services, virtual & plastic card programmes, as well as virtual ledgers and reconciliation solutions. Our client base includes both regulated financial institutions (Banks, Electronic Money Issuers, Payment Institutions, Insurance companies…) and non-regulated global corporates and FinTechs who use our platform to streamline their payments processes and generate new revenue opportunities.

More info on www.bnkbl.com
@wearebankable

For more information, please contact:
CREDIT MUTUEL ARKEA: Florence Eckenschwiller – florence.eckenschwiller@arkea.com (02 98 00 91 01)
BANKABLE: Rashee Pandey, Marketing and Communications Manager – E: rp@bnkbl.com

Bankable attends EU Commission Vice President’s Roundtable

Posted on by Bankable PR Team

On February 10, a roundtable discussing how the EU is accelerating its Capital Market Union project was held at Bloomberg’s offices in London, where our Founder and CEO Eric Mouilleron was also invited. The roundtable was led by Valdis Dombrovskis, Vice-President for the Euro and Social Dialogue (also in charge of Financial Stability, Financial Services and Capital Markets Union) at the European Commission.

The purpose of the roundtable was for FinTech firms to have an informal conversation with the Vice-President Dombrovskis and his team, and to provide an overview of their sub-sectors and businesses, the challenges, and how the EU could better facilitate the growth of FinTech and foster innovation in financial services.

During the roundtable, Vice-President Dombrovskis commented on the next steps in the EU regulatory agenda to maintain stability in the financial services sector while supporting the key role it has to play at the heart of any modern economy. He also set out the state of play on international regulatory initiatives.

 

Bankable exhibits and pitches at HM Treasury’s International FinTech Conference

Posted on by Bankable PR Team

Bankable exhibited at the HM Treasury’s first International FinTech Conference hosted at Old Billingsgate. Bankable was chosen as amongst the top 100 UK FinTech firms to exhibit at the event, and as amongst the top 14 FinTechs to pitch. Our Marketing and Communications Manager, Rashee Pandey, pitched our Banking as a Service offering under 3 minutes. Bringing together the entire FinTech ecosystem together and especially investors, the event’s aim was to attract more investment into the UK’s world-leading FinTech sector. Visit the website for more information here.

Les Echos features Bankable amongst top 3 next generation banking providers

Posted on by Bankable PR Team

Les Echos, France’s leading financial newspaper, highlighted Bankable’s Banking as a Service solution amongst their top three picks for the next generation banking providers. The description translates to the below:

Founded in 2010 and backed by Raphaels Bank’s banking license, this new startup is part of a prepaid card issuance programme to become an open platform for white-label banking services to next-generation banks, telecom players and banks themselves. Deutsche Bank and Spendesk (a FinTech firm) are amongst its customers. Bankable’s ambitions also include assisting governments to tackle financial inclusion.

For the full article in French, click here.

 

Eric as a speaker at Cloud Expo Europe

Posted on by Bankable PR Team

Eric Mouilleron, Founder and CEO, presented the advantages of an agile approach when working with global banks and open APIs at Cloud Expo Europe as a panellist during the “Collaboration via Open APIs” panel. Eric elaborated on the desire behind the Open APIs approach and the opportunities it brings for joint innovation with incumbent banks. The event’s finance and FinTech agenda was designed by FinTech Circle and focused on Open API strategies to foster innovation in the industry. Learn more about the event here.