New technologies are upending banking and finance, often in unforeseeable ways. Financial institutions now must find better ways to deliver the services their customers expect, whether it’s money management, investing, trading, or making payments.
Data is behind all the technologies that are revolutionising finance. Whether it be blockchain, machine learning, or high-speed trading, fintech requires rapid access to huge – and ever-growing - volumes of data.
Full-service card acquirer and payment service provider, Truevo, has announced the launch of their point of sale solution into the United Kingdom, Ireland and Malta today. Previously, Truevo has specialised in online, mobile and push payment solutions, so this offering marks the broadening of their product range into the card-present industry.
Nimble, a leading provider of unsecured credit in Australia, has selected Mambu’s market-leading, pure SaaS solution as its new banking technology platform as the company looks to commence its evolution to ultimately offer mainstream digital banking services.
Mambu’s cloud-native platform will allow Nimble to develop innovative lending products in-house, at a rapid pace, while the company begins to explore potential options and experiments with core digital banking product capability.
With just over a month to go until the SFTR go-live date for some market participants, most notably banks and many investment firms, regulatory reporting, best execution analysis and business intelligence market leader, Cappitech, has put together some tips and tricks for firms getting ready to report now or later in the year. Below is a brief summary.
The short answer is yes…. sometimes to both. However, there is a huge change underway and enough evidence to suggest that customer and competitive pressure alone will drive more change, even without further regulatory updates.
Globally, and in the UK, margins in the lending market are feeling the pressure. Slow credit growth (currently at 2.5% in the UK), and low interest rates are the primary drivers. This has fuelled competition, especially for lending products with higher margins, such as mortgages.
Genesys, a global leader in cloud customer experience and contact center solutions, announced that Genesys Cloud is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors. The catalog makes it easy for organisations to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). Now, enterprises have another option to procure Genesys Cloud, an all-in-one solution and the world's leading public cloud contact center platform.
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HTB is the latest bank to join the Insignis Cash Platform and will offer savings deposit accounts to Insignis’ personal and SME clients.
Cash replenishment and first line maintenance typically outsourced to the same provider
RBR’s Global ATM Market and Forecasts to 2024 report shows that worldwide, cash replenishment and first line maintenance are carried out by third parties for around half of ATMs.
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