All content with RSS

Barclays accelerates growth of Pay by Bank app

Starting today, Barclaycard merchants now have the opportunity to accept mobile payments through Pay by Bank app, the new payment method created by Mastercard’s Vocalink business.

In addition, a greater number of consumers will also be able to pay using the functionality; in 2020 Barclays will be rolling out Pay by Bank app, currently live on its Pingit app, on its Barclays Mobile Banking App. This means over 6m users will be able to benefit from the service.

Monday, February 18, 2019 - 10:57
27481
/news/payments/barclays-accelerates-growth-pay-bank-app
Financial IT
Extending the bank: Key drivers, technologies and steps

What does it mean to extend the bank? Traditionally, banks have manufactured, distributed and managed all of their own products and services. The concept of extend describes how this traditional model is changing as the value chain becomes unbundled, the bank ecosystem expands, and other parties become involved in these activities either in collaboration or competition with the bank. 

Monday, February 18, 2019 - 10:54
27480
/blog/extending-bank-key-drivers-technologies-and-steps
Financial IT
Transforming Insurance Customer Experience Using Connected, Digital Claims, with USAA, SAP Ariba, Horace Mann Insurance and Swyfft

In an increasingly cost-competitive industry, digital technologies are providing today’s insurance carriers with new methods of distinguishing themselves from competitors. Of particular focus is the claims process. As insurance’s ‘moment of truth’, policy-holders’ experiences when making a claim can define whether they become satisfied and loyal customers for life or disgruntled, and unlikely to return.

Monday, February 18, 2019 - 10:47
27479
/news/insurance/transforming-insurance-customer-experience-using-connected-digital-claims-usaa-sap
Financial IT
TransferTo announces rebrand with the creation of two market defining companies: DT One and Thunes

Today, TransferTo, a cross-border mobile top-ups and payment solutions network provider has announced a full rebrand, effective immediately, with two separate company brands, logos and identities.

TransferTo’s mobile top-up and rewards business, founded in 2005, has now changed its name to DT One and remains a leading global network for mobile top-up solutions and innovative mobile rewards. 

Monday, February 18, 2019 - 10:28
27478
/news/payments/transferto-announces-rebrand-creation-two-market-defining-companies-dt-one-and-thunes
Financial IT
Saudi’s Agricultural Development Fund chooses Finastra to enhance credit services

Finastra’s core banking solution, Fusion Essence, has been chosen to power Saudi Arabia’s Agricultural Development Fund’s lending services.

Monday, February 18, 2019 - 10:01
27476
/news/banking/saudis-agricultural-development-fund-chooses-finastra-enhance-credit-services
Financial IT
Wallis Bank Launches New Services to Enhance Customer Experience and Security Online

Wallis Bank has launched a number of new features for its customers allowing for more convenient access to their online accounts without sacrificing security. New services include Wallis 360, a revamped treasury management system for both small and large businesses; CardValet®, a mobile application for online debit card control; and Wallis Bank Mobile, a retail banking application recently updated for mobile deposits.

Monday, February 18, 2019 - 07:33
27475
/news/banking/wallis-bank-launches-new-services-enhance-customer-experience-and-security-online
Financial IT
NEXT Biometrics Sensors Selected for Secure Display Panel Solution

NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, today announced that the Company`s One Touch Access 100 fingerprint sensor module has been selected by Prima Technology Inc. for integration in its high-quality display panel solutions.

NEXT has shipped initial volumes of its One Touch Access 100 fingerprint sensor module which are currently being integrated and tested for use in Prima Technology`s display solutions for the educational market in North America.

Monday, February 18, 2019 - 07:20
27474
/news/authentication-technology/next-biometrics-sensors-selected-secure-display-panel-solution
Wirecard Equips Segmüller With Mobile Payment Solution

Wirecard, the global innovation leader for digital financial technology, has announced its collaboration with Segmüller, one of Germany's largest furniture retailers. Thanks to Wirecard, Segmüller offers its customers the opportunity to conveniently pay invoices with their mobile devices or credit cards when they receive their delivery. Wirecard not only provides the digital payment technology, but also handles the processing of payments.

Monday, February 18, 2019 - 07:17
27473
/news/payments/wirecard-equips-segmuller-mobile-payment-solution
Financial IT
Inflation and skills shortages push private sector pay expectations to a seven-year high

After six years stuck at 2%, basic pay award expectations in the private sector have increased to 2.5%. Meanwhile, basic pay award expectations in the public sector have fallen from 2% to 1.1%, according to the latest Labour Market Outlook from the CIPD and the Adecco Group. The report highlights the effects of a tighter labour market on skills shortages as seven in ten (71%) of employers with vacancies report that at least some of them are proving hard to fill.

Pay outlook

Monday, February 18, 2019 - 07:11
27472
/news/payments/inflation-and-skills-shortages-push-private-sector-pay-expectations-seven-year-high
Commerzbank: ECB reduces capital requirements (SREP)

The European Central Bank (ECB) has reduced the bank-specific capital requirements (Pillar 2 Requirement) for Commerzbank by 0.25 percentage points to 2.0% after the 2018 Supervisory Review and Evaluation Process (SREP). This reflects the major progress the Bank made in the improvement of its risk profile, including the reduction of its credit risks.

Monday, February 18, 2019 - 07:03
27471
/news/banking/commerzbank-ecb-reduces-capital-requirements-srep
Financial IT

Pages