Three in five likely to use digital banking offered by neobanks and challenger banks by 2025: Backbase Report

• 6 years 4 weeks ago
• Banking

Digital banking in the Asia Pacific (APAC) is set to be widely adopted with over three in five customers (63%) willing to make the switch to neobanks and challenger banks in the next five years, according to the Fintech and Digital Banking 2025 report by Backbase and IDC. The report also found that the region is expected to see 100 new financial institutions by 2025, ushered in by liberalization of several markets and issuance of new banking...

Ebury authorised to provide SME funding under Italian Government’s Coronavirus guarantee scheme

• 6 years 4 weeks ago
• Lending

Ebury is the first non-bank financial institution to be granted approval to provide SMEs with loans under the Italian government’s guarantee scheme “Garanzia Italia”*. The scheme, which is available to Italian businesses with less than 5,000 employees and €1.5 billion turnover, provides government guarantees to cover up to 90% of the loan value.

IDology Launches a free Senior Security Series of Videos to Help Combat a COVID-19-related Frauds

• 6 years 4 weeks ago
• Covid-19, Securities Services

FIME supports fintech Euro-Information with latest nexo acquirer protocol certification

• 6 years 4 weeks ago
• Financial

FIME has helped Euro-Information, Crédit Mutuel Group’s fintech, to achieve certification in line with the latest nexo standards Acquirer Protocol v6.0. The protocol standardizes the communication between the point of interaction (POI) device and the acquirer host.

Colt launches VoIP optimisation and support for IPv6 via its SD WAN platform

• 6 years 4 weeks ago
• Platform Technology

Colt Technology Services has today announced the launch of two new features underpinned by its SD WAN platform; VoIP optimisation and support for IPv6. These new features address the shift in network demand currently being experienced by enterprises globally, as many are adjusting to the new normal of mass remote working and additional devices connecting to their already stretched networks.

BancaStato Implements Appway's Client Lifecycle Management Solution Suite

• 6 years 4 weeks ago
• Banking

Banca dello Stato del Cantone Ticino (BancaStato) is investing in Appway’s client lifecycle management (CLM) solution suite to better support its front office with all client interactions, as well as reduce customer response times and improve operations across its front, middle, and back office. Concurrently, BancaStato is expanding its use of Appway for its fully-owned subsidiary specialized in world-class private banking services, known as...

Group Futurista launches the Futurecast Webinar Series

• 6 years 4 weeks ago
• Covid-19

Group Futurista launches its first in the series of the ‘Futurecast Webinar Series’ - with an eye on the post-Covid 19 business landscape which is expected to herald a leap in online economic activity. The Futurecast Webinar will address questions around the interplay and relationship between Artificial Intelligence and Human Intelligence and the way the two can be used to aid each other. The Gold Sponsor for the Webinar is Grabba. 

Interbank market sees live deployment of blockchain technology in reconciliation process

• 6 years 4 weeks ago
• Blockchain, Banking

Thirty-two banks in Italy have gone live with one of the first real-world deployments of enterprise blockchain technology in interbank financial markets. The Spunta Banca DLT app for interbank reconciliation has been built by the Italian Banking Association, ABI, on R3’s Corda Enterprise platform. The traditional reconciliation process for interbank transactions in Italy—formerly governed by the spunta process is notoriously complex.

Masthaven launches fees-free remortgage range

• 6 years 4 weeks ago
• Lending, Banking, Retail Banking

Masthaven Bank has today launched a new fees-free remortgage range on its first charge residential two-year and five-year fixed remortgage products. The specialist bank has released the limited-edition products in response to continued demand for remortgages, particularly for fees-free ranges, during the coronavirus outbreak. Masthaven says the new products are designed to empower brokers to offer their customers greater flexibility around their...

Brattleboro Savings & Loan Selects NCR to Elevate Digital Banking Experience

• 6 years 4 weeks ago
• ATMs, Banking

NCR (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that Vermont-based Brattleboro Savings & Loan (BS&L) chose NCR to provide customers and businesses with a superior digital banking experience. With the NCR DI platform, the bank will consolidate three vendors that previously supported digital banking into one, simplifying operations and increasing efficiency in the back office.

Surecomp® Sets the New Open Banking Standard for Trade Finance APIs & Gives Free Trial to Customers

• 6 years 4 weeks ago
• APIs, Open Banking, Trade Finance

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced the opening of its Application Programming Interfaces (API) architecture to customers in a sandbox testing environment, setting the new open banking standard in the digitization of trade finance processing and connectivity.

IRIS Software Group appoints Chris Smith as Chief Sales Officer

• 6 years 4 weeks ago
• People Moves

IRIS Software Group is today announcing the appointment of Chris Smith as its new chief sales officer. Chris brings his 20 years of international commercial experience to drive the continued growth and development of IRIS. He joins with highly acclaimed credentials, including vice president and general manager EMEA, Harman International, a $8bn subsidiary of Samsung, and group international development director of DCC Exertis, a $7bn distributor...

Refinitiv offers free due diligence checks to tackle supply chain problems in health sector

• 6 years 4 weeks ago
• Data

Refinitiv, one of the world’s largest providers of data, is announcing today it will offer hospital groups and governments free due diligence reports to help tackle problems with their supply chains resulting from Covid-19. In the search for important PPE, the reports will help with sourcing and on-boarding new suppliers by assisting in un-earthing opportunistic fraud schemes targeting the healthcare industry, as they scramble to acquire medical...

PAX Android terminals receive UK Finance approval and RNIB certification for use by blind and partially sighted people

• 6 years 4 weeks ago
• Payments

PAX Technology, the world’s leading electronic payment terminal solution provider, has received certification by the Royal National Institute of Blind People (RNIB), a United Kingdom charity, for accessibility and usability of new generation payment devices by blind and partially sighted people. The RNIB assessment covers many of PAX’s modern payment terminals with touchscreens, including the world’s best-selling A920 Android SmartPOS and the E-...

PAX Android terminals receive UK Finance approval and RNIB certification for use by blind and partially sighted people

• 6 years 4 weeks ago
• Payments

PAX Technology, the world’s leading electronic payment terminal solution provider, has received certification by the Royal National Institute of Blind People (RNIB), a United Kingdom charity, for accessibility and usability of new generation payment devices by blind and partially sighted people. The RNIB assessment covers many of PAX’s modern payment terminals with touchscreens, including the world’s best-selling A920 Android SmartPOS and the E-...