Avaya Successfully Completes Financial Restructuring and Emerges from Chapter 11

• 7 years 2 months ago
• Banking

China Merchants Bank (CMB) has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its regulatory reporting software for its operations in Luxembourg, following a competitive tender process.

Standard Chartered Bank and Ant Financial Sign MOU

• 7 years 2 months ago
• Payments, Banking

Standard Chartered Bank (“SCB”), a leading international banking group with a strong presence in Asia, Africa and Middle East, and Ant Financial Services Group (“Ant Financial”), one of the world's leading digital financial services providers, today announced the signing of a Memorandum of Understanding (MOU).  Under the terms of the MOU, Standard Chartered Bank willcombine its banking expertise and insights in emerging markets with Ant...

Aquila Capital Strengthens Real Estate Team with the Appointments of Olaf Bruns and Michael Husung

• 7 years 2 months ago
• People Moves

Aquila Capital has further strengthened its real estate team with the appointments of Olaf Bruns as Head Fund Management Real Estate and Michael Husung as Head Client Advisory Real Estate. Olaf will be responsible for real estate fund and asset management and Michael for setting up a specialised real estate client advisory team.

Innovative European financing for Dutch software company CM.com

• 7 years 2 months ago
• Payments, Banking

The European Investment Bank (EIB) has made available a EUR 10 million facility for software company CM.com, in the Netherlands, to speed up innovation and development of its messaging, payments, voice and digital security applications. The financing will be guaranteed under the European Fund for Strategic Investments (EFSI), part of the Investment Plan for Europe of the European Commission.

ATM Deposit Comes of Age

• 7 years 2 months ago
• Payments

ATMs have come a long way from being just a cash delivery channel, and among a range of advanced facilities, many deployers allow customers to make instant cash deposits at their machines The number of ATM cash withdrawals rose by six billion in 2016

Thales and Gemalto Create a World Leader in Digital Security

• 7 years 2 months ago
• Security

Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) announce today that they have reached an agreement (the "Merger Agreement") on a recommended all-cash offer for all issued and outstanding ordinary shares of Gemalto, for a price of €51 per share cum dividend.

Navigators to Acquire Belgian Specialty Insurer

• 7 years 2 months ago
• M&A Deals

The Navigators Group, Inc. today announced that it has entered into a share purchase agreement for the purchase of all of the shares of Assurances Continentales - Continentale Verzekeringen NV ("ASCO") and Bracht, Deckers & Mackelbert NV ("BDM").  ASCO and BDM are both based in Antwerp, Belgium.

Business banking chief execs from Barclays, Santander and Tide discuss impacts of open banking

• 7 years 2 months ago
• Banking

In the context of open banking and PSD2 developing rapidly next year, and with new players changing the pace of innovation in a growing eco-system, getting a comprehensive business banking strategy is top of mind for many banking leaders. For the first time, Barclays, Santander, Tide and Starling Bank chief executives will join on a panel to discuss overcoming the complexity of changes in the market, in particular, open banking and new...

Text IQ Named One of the World's 100 Most Promising AI Companies

• 7 years 2 months ago
• Artificial Intelligence

CB Insights has named Text IQ to the AI 100, a prestigious ranking of the 100 most promising private artificial intelligence companies in the world.

YuniquePLM® Cloud from Gerber Improves Product Accuracy for Toad & Co.

• 7 years 2 months ago
• Data

Data entry has long been a laborious job and with many company's legacy systems required multiple entries causing errors to arise. "Duplicate data entry will be something of the past once we employ YuniquePLM," said Kelly Milazzo, vice president operations, Toad & Co. "Our team will realize reduced development time and eliminate time consuming errors throughout the product development process making our business more sustainable over time."

CreditEase Wealth Management Awarded 2017 Best Non-Bank Private Wealth Management Institution in China by The Asian Banker

• 7 years 2 months ago
• Wealth Management

Discover Launches Face ID Support

• 7 years 2 months ago
• Banking

Discover announced today that cardmembers and Discover Bank customers who own an iPhone X can take advantage of Face ID to sign in to the Discover Mobile app.  The feature offers app users an intuitive and secure mobile log-in experience that requires no more than glancing at the device. 

Argentina's Wenance Selects Mambu SaaS Engine

• 7 years 2 months ago
• SaaS

Mambu today announced that Argentinian fintech Wenance has selected their leading SaaS engine to help drive its Latin American expansion strategy. Wenance chose the solution for its flexibility and time to market, features critical to the company’s rapid growth plans.

Banking Technology Names Temenos Best Core Banking System

• 7 years 2 months ago
• Banking

Temenos, the software specialist for banking and finance, today announces that its market-leading T24 Core Banking platform has received the Editor’s Choice award by Banking Technology, a leading source of news and analysis of the global fintech sector. The award is a testament to Temenos’ strategy to provide packaged, modular, upgradeable and open software, which enables banks to digitally transform their operations.

Nets and OpenWay Collaborate on Monetization of PSD2 and Open Banking

• 7 years 2 months ago
• Banking, Compliance

Nets, the Nordic digital payments specialist, and OpenWay Group, the leading digital payment software developer and vendor, today publish a white paper for stakeholders seeking to monetize from PSD2 and open banking.