Ever since digital disruption started, ICSFS embraced business agility as a primary core driver in providing its customers with real value in this global competitive market. ICSFS provides its customers with:

- Innovation as a Core Function, ICSFS is one of the first users in utilising the latest technologies such as blockchain

- Open Banking; open solutions through open APIs architecture to satisfy fintech roles and make their threat an opportunity

- Complete cloud platforms – Cloud available

- Enriched customer service and experience

As well as being one of the biggest banks in the world, Banco Santander also has a reputation as one of the finance industry’s most innovative organizations. Since the launch of its innovation fund, InnoVentures, in 2014, Santander has invested heavily in a range of digital technologies. But every innovation must directly benefit the bank’s millions of customers, like One Pay FX—the transformative cross-border payments service created in partnership with Ripple.

As financial institutions and organisations come to terms with the challenges of the post-Covid-19 world it is obvious that regulated businesses urgently need a new, more efficient, fast and secure way to onboard new customers and re-energize their existing customer base. They also need to add value to their existing customer relationships. Finch Global aims to do just that by creating a shared service that makes it easier to take out financial products, reduces time and resources spent on compliance and reduces risk in the banking system.  

The International Chamber of Commerce's (ICC) 11th annual Global Survey on Trade Finance reveals that banks are optimistic about the evolving nature of trade finance, though unsurprisingly expect various industry-wide challenges and disruption as a result of the COVID-19 pandemic.

NatWest have announced a partnership with Synalogik, a member of their Entrepreneur Accelerator programme, to provide an innovative software platform that will allow the bank to automate their compliance and intelligence checks.

BPC, the leading provider of digital payment solutions, partners with specialised market consultancy Brazilian Desk, to connect Brazilian micro and small businesses in key sectors such as agriculture in one digital ecosystem – BPC Marketplace. The closed-loop trading environment, supported by BPC’s payment platform, will be used to forge critical market links and boost Brazilian SME communities’ financial inclusion and instant access to income.

Flowe, the benefit corporation of Mediolanum Group, an emerging Italian e-money institution that aims to educate young people on innovation and economic, social and environmental sustainability, chooses SIA, a leading European hi-tech company in the payment services and infrastructures sector controlled by CDP Equity, as its partner to support the offer of innovative digital services in the areas of e-money, payments, current accounts, loans and savings management.

Temenos (SIX: TEMN), the banking software company, today announced that Orange Bank Africa has gone live with cloud-native Temenos Transact delivered as SaaS. Temenos Transact core banking technology scales to support the bank to launch and drive financial inclusion in the African WAEMU region, starting with the Ivory Coast. Temenos’ cloud technology enables sustainable, long-term growth for Orange Bank Africa by reducing IT costs, operational complexity and delivering an improved cost/income ratio.
 

Konsentus announced that it has partnered with open banking advisory company Open Vector to enable Financial Institutions in Latin America and Canada to implement open banking and benefit from real-time TPP identity and regulatory checking.

Orange (www.Orange.com), a major telecoms provider in Africa and the Middle East, and NSIA (www.GroupeNSIA.com), a leader of bancassurance, are pleased to announce the launch of Orange Bank Africa in Abidjan and Côte d’Ivoire. Orange Bank Africa, headed by Jean-Louis Menann-Kouamé, will offer clients a range of simple savings and credit services available at all times via mobile phone.