Banks that take a wait and see approach to Basel IV are likely to face higher financial IT costs and added travails in implementation, as well as  fewer commercial benefits in the years ahead.

Finastra announced that Sterling Federal Bank (Sterling, IL) has selected Finastra’s Fusion Phoenix to support the bank as it expands its business from one focused primarily on consumer banking and mortgages to one with a strong presence in commercial banking. Fusion Phoenix, run from the Azure cloud, was chosen for its ability to evolve with the bank’s needs, and integrate seamlessly with its existing loan technology from Finastra.

Creatio, a global software company providing a leading low-code platform for process management and CRM, today announced the launch of a free low-code application development online course for university professors and college teachers. 

Modulr has announced the launch of its Payment Initiation solution, after registering with the Financial Conduct Authority as a Payment Initiation Service Provider (PISP). This will give Modulr’s customers a new, fast and cost-effective way of accepting payments. 
 

There’s no denying that COVID-19 has disrupted the global economy as hundreds of millions of people around the world have had to grapple with job losses, business closures and lockdowns.