Payments today plays a critical role in innovation in the insurance industry. Bankable was invited for a panel discussion during the London FinTech Week 2016 Banking and Insurance Conference, where the topic was “The Insurance Industry Response to FinTech”. Bankable’s Marketing and Communications Manager, Rashee Pandey, discussed the reasons why InsurTech exists, the innovation trends in the industry including rolling out real-time claim payments on e-wallets, and why collaboration is key. Alongside Rashee were David Roche (Director Financial Services of Pramerica Systems Ireland) and moderator Ian Gilbert (Cheif Revenue Officer at Agreement Express). Watch a snippet of the panel session here.
Author: Bankable PR Team
Bankable’s Rashee Pandey, talks on shared trust and outsourced innovation between High Growth FinTechs and Banks at a panel at FinTech Evolution 2016
Rashee Pandey, Bankable’s Marketing and Communications Manager, was invited to be on “The Future of FinTech – The Battle Between the Old and the New” panel during FinTech Evolution 2016. Rashee discussed the future of the FinTech ecosystem by painting a collaborative picture. She highlighted Bankable’s partnering in action and alignment with financial institutions. Rashee said, “The Bankable-Deutsche Bank relationship is testament to banks and FinTech delivering outsourced innovation, with minimum upfront capex and new recurrent joint net revenues.” She Rashee’s profile for the event here.
“Bankable’s CEO on marrying FinTech with the banking sector” by Deutsche Bank, Global Transaction Banking (GTB)
Deutsche Bank GTB’s FLOW magazine featured Bankable’s Founder and CEO, Eric Mouilleron, on its cover. The article showcases Deutsche Bank’s openness to partner with players in the FinTech industry by highlighting Deutsche Bank’s relationship with Bankable. Eric emphasised Deutsche Bank’s technological, business and brand credibility. While Andy Reid, Head of Cash Management Corporates EMEA at Deutsche Bank said, “The cooperation between Bankable and ourselves can be a template for the way FinTechs and banks can come together successfully. The really exciting thing about that is that we are achieving good things, but we are only just starting.” Read the online version of the article here.
Bankable at EBAday in Milan
Bankable exhibited at EBAday in Milan on June 7 and 8, hosted by the Euro Banking Association and Finextra Research. The theme of the conference was “A brave new world for payments”. Bankable was amongst the handful European FinTechs to exhibit at the “FinTech Pavilion” sponsored by Raphaels Bank. Read more about EBAday here.
Bankable – Top 100 FinTech in London by Origami, iFinance
Origami by iFinance named Bankable amongst the top 100 FinTech(s) in London. The list features prominent leaders in the following FinTech sectors: Banking & Insurance, Payments & Blockchain, Personal Finance & Investment Community, Risk Management & Trading, Lending & Crowdfunding, and Data Analytics. Bankable is featured under ‘Payments’. Read the article and see the infographic here.
Pascal Boris CBE joins Bankable’s Board
London – Bankable is pleased to announce that Pascal Boris has become an investor in Bankable and has joined its board of directors.
Pascal has been an independent non-executive director of Grant Thornton International Ltd since 2012. He chaired the supervisory board of Bank Insinger de Beaufort N.V. in Amsterdam from 2010 to 2015.
He is a former international bank CEO with a strong track record in strategic development, change management, acquisitions and restructuring. His 40 year career with The Chase Manhattan Bank, Paribas and BNP Paribas spanned across corporate and investment banking, risk management, capital markets and wealth management in the USA, France, the UK and Switzerland.
“Pascal’s track record and extensive experience in financial services globally will be pivotal in shaping, developing and nurturing Bankable’s strategic partnerships with global financial institutions,” said Eric Mouilleron, Founder and CEO.
When asked why Pascal chose to invest in Bankable he said, “I was attracted by Eric’s track record as an entrepreneur and by the team of energetic and creative professionals he has assembled at Bankable. The ever growing list of prestigious institutional and corporate clients using Bankable’s highly innovative payment solutions provides strong evidence of the relevance and quality of Bankable’s offering.”
Outside of his banking career, Pascal is also the joint founding President of le Cercle d’outre-Manche, the influential London-based think-tank. He is honorary President of the French Chamber of Commerce in Great Britain, having served as President from 2001 to 2007. He is also a Foreign Trade Adviser to the French Government since 2001, a Commander of the British Empire (CBE) and an Officier de la Légion d’Honneur.
“I am delighted to have been invited to join the board. I look forward to contributing to Bankable’s accelerating growth by strategically leveraging my banking experience and extensive professional network,” Pascal added.
Pascal is a graduate of HEC Paris, the New York University Stern School of Business and the London Business School.
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About Bankable
Bankable is an enabler of innovative, global payment solutions providing “Banking as a Service”. Our core virtual account management platform is available in white-label or via APIs enabling any regulated or non-regulated organisation to deploy payment solutions – including virtual account services, e-ledgers, virtual & plastic prepaid card programmes, and e-wallets & light banking solutions. Our client base ranges from global corporates, banks and insurers, to SME’s and fintechs who use our platform to streamline their payments processes and generate new revenue opportunities.
Bankable’s Virtual Ledger Manager makes Global Finance Magazine’s ‘The Innovators 2016’ list for Transaction Services
New York/London – Bankable’s Virtual Ledger Manager solution has been recognised by Global Finance in their 2016 list of ‘The Innovators’ in Transaction Services.
Bankable shares this honour alongside established financial institutions. Amongst the 24 companies selected worldwide are 20 transaction banks and 4 technology enablers – including 3 in Europe (B2 Group, Basware and Bankable) and 1 in the United States (Ripple).
Such recognition facilitates in communicating our vision of continuously innovating our flexible propriety platform to provide innovative payment solutions, along with maintaining world-class technological standards for all our clients.
Bankable’s Virtual Ledger Manager (VLM) is an innovative virtual account solution enabling enhanced treasury management reconciliation for global corporates, insurers and financial institutions. The solution automates the reconciliation of inbound and outbound payments via virtual accounts – each identified by a unique virtual IBAN or reference number. VLM provides centralised access to corporate funds, allowing a company to mirror its internal organisational structure while controlling and streamlining its information and payment flows.
“Much is being gained in speed and efficiency, but applications that improve information flows, thus enabling smarter decision-making, will ultimately deliver the greatest value,” commented Joseph D. Giarraputo, publisher and editorial director of Global Finance.
Bankable’s Virtual Ledger Manager is such a solution – delivering efficient, cost-effective and robust payment solutions.
About Global Finance
Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management.
Its website — GFMag.com — offers analysis and articles that are the heritage of 29 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
The full list of The Innovators 2016 –
https://www.gfmag.com/media/press-releasess/global-finance-names-innovators-2016
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About Bankable
Bankable is a global architect of innovative payment solutions providing “Banking as a Service”. Our core virtual account management platform is available in white-label or via APIs enabling anyone to deploy payment solutions – including virtual account services, e-ledgers, virtual & plastic card programmes, and e-wallet & light banking solutions.
Our key competitive advantage lies in our technology, where our virtual account management platform is core to the broader payment services that we enable. We provide a full turnkey solution depending on your business needs, via a single multi-channel platform. We are connected globally to multiple sponsor banks, processors, card manufacturers and other suppliers in the payments ecosystem, and also provide programme management services – enabling us to deliver an end-to-end solution for corporate and consumer payment programmes.
Bankable Top Bankable Top 3 in Payments in Europe3 in Payments in Europe
After being named in the European FinTech 100 list by the European FinTech Awards 2016, Bankable also became the top 3 in Payments in Europe. Our Founder and CEO, Eric Mouilleron, was invited to present Bankable to a global FinTech and financial services audience at the European FinTech Awards and Conference held in Amsterdam on April 14. Watch Eric pitch and learn more about Bankable’s offerings here.
Bankable as a “Future Disruptor” during the Innovate Finance Global Summit 2016
Bankable was featured as a “Future Disruptor” during the Innovate Finance Global Summit on April 11, 2016. Founder and CEO, Eric Mouilleron, presented Bankable’s solutions to the crowd interested in learning about the new generation of payment solutions revolutionising financial services. Watch Eric’s presentation here.
“One contract, endless payment solutions,” Rashee Pandey at Innovate Finance Global Summit 2016
Bankable exhibited its bespoke payment solutions at the Innovate Finance Global Summit as a founding member. Our Marketing and Communications Manager, Rashee Pandey, was interviewed on Bankable, FinTech and payments. She highlighted Bankable’s unique proposition of having partnerships with relevant players in the payments ecosystem. This offers clients the convenience of having just one contract with Bankable while being able to launch a payments programme from beginning to end. Watch Rashee discuss Bankable’s bespoke payment solutions and the Innovate Finance Global Summit 2016 here.