ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, have participated in Oracle Code Explore Amman, which is the most exciting developer event of the year, held at the center of developer community in the region; Amman, Jordan.

HSBC was found to have twice broken Part 6 of the Competition and Market Authority’s (CMA) Retail Banking Market Investigation Order and is refunding £8m to 115,000 customers.

Santander broke the Order 6 times and has agreed to issue a refund but has yet to confirm the number of customers affected and how much it will refund.

Bokio, the Swedish based startup which utilises artificial intelligence to simplify bookkeeping for small businesses, sole traders, and freelancers, has raised €4M.

MuchBetter, the award winning payments company, today announced its integration with Mastercard’s Pay By Bank, one of the first ewallets to do so. Pay by Bank app is a new online checkout option from Mastercard that lets users pay for goods and services in real-time using the banking app on their phone – across online and in-store purchases. It allows MuchBetter users to top up their account in real-time from their bank account without entering payment details or passwords.

NatWest is partnering with Moneypenny, the world’s largest and highest rated outsourced communications provider, to bring the 900 entrepreneurs it supports through its Accelerators exclusive access to tools and advice that will help them to grow and develop their businesses.

Sberbank has launched a new service called “Collect Money and Split Bill” in the Dialogues section with Sberbank Online mobile app.

Danske Bank A/S has appointed Frans Woelders as Group COO and member of the Executive Leadership Team with overall responsibility for Group Services and Group IT.

Frans Woelders joins from the position of Chief Digital Officer for Personal Banking of Royal Bank of Scotland. Prior to that, he has experience from positions with ABN AMRO Bank, including as CEO of Retail Banking and as Group Chief Information Officer.