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Nets Teams Up with Bankify in Open Banking Partnership

Bankify, a Finnish fintech company, and Nets, a leader in the payments industry, have entered into a strategic partnership that enables Bankify’s customers to consume Bankify’s services through Nets’ Open Banking platform. Under the terms of the partnership, Nets customers will also have easy access to Bankify’s portfolio of microservices via the platform. 

Monday, January 27, 2020 - 10:09
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Financial IT
Finastra strengthens its position in Israel with new office opening

Finastra is investing further in Israel with a new office in Kfar Saba, just outside Tel Aviv. The office, which is home to over 330 employees, offers more space for the Finastra team to grow as the company strengthens its position in the country, and provides an ultra-modern workspace to inspire creativity and facilitate collaboration.

Monday, January 27, 2020 - 09:21
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Financial IT
EMIR Refit - so what’s new?

Last year, the European Commission published a series of amendments to the European Markets Infrastructure Regulation (“EMIR”).

Monday, January 27, 2020 - 08:11
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The Housing Bank for Trade & Finance – Bahrain to Complete 2-weeks Assessment and Training Sessions on ICS BANKS’ latest features

ICSFS conducted a two-week intensive assessment and training sessions that were held at the Housing Bank for Trade and Finance (HBTF) in Manama, Bahrain.

The assessment and training attendees were from HBTF senior executives, where the program covered the latest features of ICS BANKS Core Banking including front and back office branch operations services, Remittances, Credit Facility & Risk Management, Trade Finance, latest Lending products and features, Internal Audit and Control reporting, and part of ICS BANKS Digital Banking products.

Monday, January 27, 2020 - 07:57
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/news/banking/housing-bank-trade-finance-bahrain-complete-2-weeks-assessment-and-training-sessions
Financial IT
oliver.bickell@dwtc.com
Monday, January 27, 2020 - 07:42
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32 Consulting Firm Named Finalists For MCA Awards 2020
The Management Consultancies Association

The Management Consultancies Association has announced its finalists for the 2020 edition of its annual awards ceremony. A total of 32 firms have been short-listed for the 12 project-orientated prizes, as well as a gong for Best New Consultancy.

Monday, January 27, 2020 - 07:14
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/news/consultancy/32-consulting-firm-named-finalists-mca-awards-2020
Financial IT
One In Five People Could Have Access To Central Bank Digital Currencies Within Three Years
Central Bank Digital Currencies

Central banks collectively representing a fifth of the world's population say they are likely to issue a general purpose digital currency in the next three years, according to a survey from the Bank for International Settlements.

Monday, January 27, 2020 - 06:31
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Financial IT
Bank of England Opens Bidding For Cloud Partner
The Bank of England

The Bank of England is seeking a cloud build partner as part of of its One Bank Service Transformation strategy.

The UK central bank says it requires "an experienced partner to assist in design, construction and assurance of a modern, fit for purpose cloud environment."

The targeted length for the new contract is two years.

The central bank was hauled over the coals by a Common Select Committee in March last year, in a searing critique of its outmoded technology estate, culture and procurement activities.

Monday, January 27, 2020 - 06:24
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/news/cloud/bank-england-opens-bidding-cloud-partner
Financial IT
Visa Joins $80m Currencycloud Funding Round

London-based B2B cross-border payments outfit Currencycloud has raised $80 million in a Series E funding round joined by blue-chip investors such as Visa, BNP Paribas and Siam Commercial Bank.

Monday, January 27, 2020 - 06:19
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/news/payments/visa-joins-80m-currencycloud-funding-round
Financial IT
Cloud And The Open Banking Opportunity

Although open banking has legislative origins - and is compulsory in some countries - it is also a major catalyst to bank transformation. In addition to the opportunity to generate new revenue streams, improve services and attract new customers, open banking challenges the traditional culture and closed mindset of banks. Historically, banking has revolved around a closed “vault” function. The vault has become a metaphor for bank culture, which has remained closed and product focused.

Monday, January 27, 2020 - 05:46
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Financial IT

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