Re-mortgaging reaches record level since 2008

• 6 years 11 months ago
• Infrastructure

According to Finance UK, there were 50,500 new homeowner re-mortgages completed in October which was 23.2 per cent more than in the same month a year earlier. The £9.2bn of re-mortgaging in the month was 22.7 per cent more year-on-year.[1]

SWIFT announces CEO transition

• 6 years 11 months ago
• People Moves

SWIFT CEO Gottfried Leibbrandt has notified the Board of his intention to step down at the end of June 2019, after seven years in the role.

Cisco and UBS to host ESG Conference Call/Webcast for the Financial Community on 12/17/18

• 6 years 11 months ago
• Infrastructure

Cisco and UBS will host an ESG (Environmental, Social and Governance) Conference Call/Webcast for the Financial Community, at 11:00 a.m. ET/ 4:00 p.m. GMT on Monday, December 17, 2018. Kathy Mulvany, Cisco’s VP of Corporate Affairs, and Darrel Stickler, Cisco’s Environmental Sustainability Lead, will provide an overview of Cisco’s Corporate Social Responsibility (CSR) strategy, priorities and goals, and explain why Cisco’s CSR initiatives play...

FlexTrade Elevates Client Experience with Corvil Advanced Analytics

• 6 years 11 months ago
• Trading Systems

Corvil today announced that FlexTrade, a global leader in high performance multi-asset execution and order management systems, is employing Corvil Analytics to assure excellence i

Kingdom of Bahrain Eyes Global Leadership in Open Banking

• 6 years 11 months ago
• Banking

Signalling the pace at which the Kingdom of Bahrain is embracing the new era of open banking, in just one week the Kingdom’s regulator, the Central Bank of Bahrain, has mandated open banking adoption for Bahraini retail banks that provide online banking services to their customers and provided an in-principle confirmation to the first domestic open banking infrastructure provider, Almoayed Technologies.

Nordic Finance chooses Tieto’s leasing platform to start offering leases and disrupt the leasing market

• 6 years 11 months ago
• Banking, Infrastructure

Tieto has signed an agreement with Swedish leasing broker Nordic Finance to provide a leasing system that disrupts conventional processes and gives customers a smoother experience through digitalisation and automation.

Wolters Kluwer Indicator Survey: U.S. Regulatory & Risk Concerns Remain High

• 6 years 11 months ago
• Compliance

Wolters Kluwer’s Compliance Solutions business has released the results of its annual Regulatory and Risk Management Indicator survey for the U.S. The highly anticpated survey shows a Main Indicator Score of 85, representing continued anxiety on certain risk and regulatory issues that demand close attention. However, there is a notable easing in the anxiety levels of U.S.

PerfectCard joins Banking Circle for fast and cost-effective payment reconciliation

• 6 years 11 months ago
• Payments

PerfectCard, the FinTech provider of employee reward and corporate expense solutions, has joined Banking Circle to streamline payment reconciliation. Financial utility, Banking Circle, provides ground-breaking financial services infrastructure, helping banks and FinTechs to provide their customers with fast and cost-effective banking and payment solutions, without having to make significant investment in in-house systems.

Ecobank, the Pan African Bank, appoints MFS Africa Ltd as Digital payment partner

• 6 years 11 months ago
• Banking

UnionPay maintains its position as the world’s largest card scheme

• 6 years 11 months ago
• Payments

Brand new research from RBR reveals that the number of payment cards in circulation worldwide reached 15 billion at the end of 2017, with UnionPay continuing to hold the largest share Financial inclusion initiatives drive growth in card issuing

First EU merchant live on unified neobanking & payments platform

• 6 years 11 months ago
• Payments

iSignthis Ltd subsidiary, iSignthis eMoney Ltd, trading as ISXPay® (“the Company”), is pleased to announce its first merchant has gone live on its own integrated and unified neobanking platform comprising principal acquiring platform for Visa, Mastercard and JCB, with fund settlements being deposited to ISXPay issued ISEMCY22 International Bank Account Numbers (IBANs).

Nordea announces organisational changes

• 6 years 11 months ago
• Banking, People Moves

Nordea Bank Abp (Nordea) has decided to further increase focus and strengthen execution within risk and compliance by consolidating resources in these areas. Two roles in Group Executive Management will be changed. 

Temenos acquires US-headquartered SaaS vendor Avoka to strengthen its leading Digital Front Office banking product

• 6 years 11 months ago
• M&A Deals

Temenos (SIX: TEMN), the banking software company, today announces it has agreed to acquire Avoka, a leader in digital customer acquisition and onboarding, subject to regulatory approvals. The acquisition further strengthens the Temenos Digital Front Office product, which has over 300 banking clients and has been recognized as a leader by top analyst houses such as Forrester and Ovum. The Avoka platform will be integrated with the Temenos...

PayPal launches Xoom in Canada

• 6 years 11 months ago
• Money Transfers

Today, PayPal launched Xoom, its international money transfer service in Canada.

NEOXAM RECEIVES FINANCE INNOVATION ACCREDITATION FOR AI PROJECT

• 6 years 11 months ago
• Transaction Banking, Data, Infrastructure

NeoXam, a leading provider of data management and transaction software solutions dedicated to the financial industry, today announces it has received a “Finance Innovation Accreditation” by the French Public Authorities for its Artificial Intelligence (AI) offering.  Finance Innovation is the unique cluster for innovation in the French financial sector. Its goal is to accelerate the creation and development of innovative projects devoted to...