While retail banking may be quick to take a customer-first, technology-led approach to innovation, commercial banking has been sluggish to embrace new technologies and customer expectation.  No one is waiting for commercial banking to play catch up. Fintech “challengers” have passed the one million customer mark and over a third of US SME businesses now borrow from non-traditional lenders. With retail banks upping their game, it won’t be long before we see the consumerisation of commercial banking. Those who fail to adapt, risk being left behind. 

 Barclays signs agreement with Simudyne, alumni of the Barclays Accelerator, powered by Techstars, to trial new and innovative ways of managing risk.

Simudyne allows banks to identify and prepare for risks that they hadn’t anticipated, leading to smarter business decisions.

Barclays and Simudyne are currently exploring additional use cases across the Barclays Group through a series of hands-on workshops and seminars.

The UNIVERSUM Group has partnered with RISK IDENT, a leading software supplier for fraud prevention in the European market, to further improve risk evaluation for its customers.

Campaign launched at Girls in Tech Catalyst event a forum to empower women in tech

National Bank of Greece, the country’s leading banking institution, has successfully completed the migration of its debit card portfolio to the WAY4 card management system provided by OpenWay, a top-ranked digital payments software provider. Investment in the new platform supports the bank’s vision to enhance its leading position in Greece and further accelerate business growth.     
 

 GridGain Systems, provider of enterprise-grade in-memory computing solutions based on Apache® Ignite(TM), today announced the beta release of GridGain Cloud. GridGain Cloud is the only in-memory cache-as-a-service that allows users to rapidly deploy a distributed in-memory cache and access it using ANSI-99 SQL, key-value or REST APIs. The result is in-memory computing performance in the cloud, which can be massively scaled out and can be deployed in minutes for caching applications.