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The Way You Make Me Feel – Highlights from Mobey Day 2018

Banking is not just about money.

According to Lorenz Jüngling from The Isle Ventures, it is also about users and, most importantly, their emotions.  And, as Danske Bank’s Guri Hanstvedt commented, the power of emotions should not be underestimated.

Tuesday, December 18, 2018 - 11:00
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Financial IT
SWIFT gpi breaks 50% barrier

During 2018, SWIFT’s gpi payments service continued to radically transform correspondent banking. With the support of hundreds of financial institutions, including the world’s 60 biggest banks, it is now being used to send hundreds of billions in payments every day – more than half (55%) of SWIFT’s cross-border traffic.

Tuesday, December 18, 2018 - 10:54
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Financial IT
Israel’s largest credit card company selects Temenos

Temenos (SIX: TEMN), the banking software company, today announced that Isracard, the largest credit card company in Israel, has selected Temenos T24 Core Banking. Temenos’ digital open banking platform will help Isracard achieve its strategic goal of simplifying its systems architecture, and enabling the credit card provider to enhance the digital experience for its customers.

Tuesday, December 18, 2018 - 10:30
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Financial IT
FICO signs Raiffeisen Bank

To reduce the costs of collections, Raiffeisen Bank International, a leading European retail and commercial bank, will use the cloud edition of FICO® Debt Manager™ solution, a platform for collections and recoveries used by lenders and third-party agencies. The cloud edition is expected to make future upgrades faster and less dependent on IT resources at the bank.

Tuesday, December 18, 2018 - 10:21
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Financial IT
UBS La Maison de Gestion Selects Axioma’s Multi-Asset Class Risk System
Axioma, a leading provider of enterprise risk and portfolio management solutions has announced that the French investment manager boutique UBS La Maison de Gestion will deploy Axioma Risk as their enterprise-wide risk management solution. Axioma Risk is a cloud-based multi-asset class risk system offering both analytics and data in a single platform, streamlining the investment process.
 
Tuesday, December 18, 2018 - 09:53
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Financial IT
Sohar Islamic Upgrades iMAL e-Services for Internet & Mobile Banking in the Sultanate of Oman

Path Solutions is proud to be a partner of choice for Sohar Islamic - Bank Sohar’s Islamic banking window in the Sultanate of Oman, having implemented and recently upgraded iMAL*E-Banking and iMAL*MobileBanking solutions for them to provide innovative Internet and Mobile Banking services to their customers.

Tuesday, December 18, 2018 - 09:50
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Path Solutions
KBZ Bank selects Finastra to capture upcoming growth opportunity in Myanmar’s expanding treasury market

Kanbawza (KBZ) Bank, Myanmar’s largest privately-owned bank, has selected Finastra and its treasury management solution, Fusion Treasury, to enable straight-through-processing (STP). The partnership supports KBZ Bank’s move away from manual treasury processing operations as part of its strategy to ensure faster, more efficient services.

Tuesday, December 18, 2018 - 09:11
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Financial IT
Digital banking: electronic money and cryptocurrencies. Regulation vs technologies

Over the past year there have been changes in the payment business that have affected various areas, among them:

- entry into force of the second payment directive PSD2;

- continuing trend of cryptocurrency market regulation and the corresponding changes in the legislation of different countries.

Constant changes in the regulation of the payment business, the situation in the global market, emergence of new players - all this makes it necessary to constantly monitor current trends and innovations in order to actively develop the business and find new customers.

Tuesday, December 18, 2018 - 08:55
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Financial IT
FIX Trading Community Collaborates with Trade Associations for the London EMEA Trading Conference in March 2019

 FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, today announced that the EMEA Trading Conference on 14th March 2019 will be held in association with a number of Trade Associations, including: The Association for Financial Markets in Europe, AFME, International Capital Market Association, ICMA, the European Debt Market Association, EDMA, and the

Tuesday, December 18, 2018 - 08:25
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Financial IT
Global ATM installations set to fall for first time as demand for cash drops in China

In 2017, as the ATM industry celebrated its 50thyear, the number of ATMs installed worldwide peaked at 3.28 million with a fall in installations predicted over the next few years

Despite fall in China, ATM markets in the majority of countries will continue to expand

According to RBR’s latest report Global ATM Market and Forecasts to 2023, the number of ATMs installed worldwide is set to drop off gradually to 3.23 million by the end of 2023.

Tuesday, December 18, 2018 - 06:36
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