Banking

CaixaBank introduces the world's first facial recognition to withdraw cash at ATMs

CaixaBank has become the world's first financial institution to offer its customers the ability to use facial recognition to withdraw cash from ATMs, without having to enter their PIN. The company, with Jordi Gual as Chairman and Gonzalo Gortázar as CEO, presented the system today in Barcelona, in an act that entails the commercial launch of the service for all customers who want to sue it at ATMs equipped with the new technology. Read more »

The First Norwegian Bank Selected to Demo at Finovate

Monobank, a cloud-based bank focused on consumer finance in the Nordics, showcased its new white label credit card app Mono Pay for Europe's finance and fintech industry in London. Read more »

AdviceRobo Unveils JACQ at FinovateEurope

  Credit risk assessment innovator AdviceRobo demos at FinovateEurope 2019 its revolutionizing solution to assess credit quality by applying smart psychographic credit processing, artificial intelligence and the internet of things. This is world’s first solution that integrates lifestyles, attitudes and beliefs of people and other behavioural data into smart credit software. Read more »

Temenos strengthens its Executive Committee

Temenos AG (SIX: TEMN), the banking software company, today announces it is strengthening its Executive Committee, having already announced outstanding Q4 and full year 2018 results and the appointment of Max Chuard as Chief Executive Officer and Panagiotis “Takis” Spiliopoulos as Chief Financial Officer (more information can be found by following this link). Read more »

Advapay Digital Banking conference in Tallinn was a success

On February 8, Advapay held its next conference in Tallinn on “Digital Banking: Electronic Money and Cryptocurrency. Regulation vs technology”. The venue was not chosen by chance, because Estonia is one of the most loyal states to the cryptocurrency and blockchain. During the event, the guests discussed trends in the development of banking services and the payment market in 2019. Read more »

Mastercard Selects Token.io as a Partner for its New Open Banking Hub

Turnkey open banking platform provider, Token.io Limited, today announces it has been selected by Mastercard to power the connectivity layer of its open banking hub. The hub will connect merchants, retailers and other regulated third parties to financial institutions in Europe for data and payment transactions. Further to the announcement in June 2018, Mastercard’s services will include: Read more »

UBank Collaborates With FaceMe to Launch World's First 'Digital Human' Home Loan Application Assistant

UBank has announced customers will soon have access to the world's first digital home loan application assistant, powered by artificial intelligence (AI). Mia, short for My Interactive Agent, will begin taking customer questions in late February 2019, and aims to create a smarter, simpler home loan application experience.  UBank CEO Lee Hatton and FaceMe CEO Danny Tomsett will be on stage at IBM Think 2019 sharing about Mia who makes use of both... more Read more »

Sberbank to create human science and behaviour lab

Sberbank actively develops the activities of its laboratories, which include: AI, robotics, VR and AR, and other laboratories.  Today Sberbank has decided to create a Neuroscience and Human Behaviour Laboratory, which will research neurophysiology, social psychology and cognitive science, and turn the results of its research into everyday practice at the companies of Sberbank Group. Read more »

MetaBank® Launches Faster Payments Platform, Enabling Partners to Move Funds in Near Real-Time With Mastercard Send

MetaBank® today announced the launch of its faster payments platform, which will enable its partners to disburse funds in near real-time. One of the first new offerings on this platform is Mastercard Send™, an industry-leading push payments service that powers a faster, better, smarter way to send money domestically and cross border. Read more »

Integral Begins Year with an Increase in Volumes of 1% Compared to January 2018

Integral (www.integral.com), the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $34.7 billion in January 2019.  Though down slightly compared to the previous month, this represents an increase of 1% relative to the same period in 2018. Read more »

Emirates NBD Private Banking introduces The LaunchPad to connect start-ups with investors

The Private Banking arm of Emirates NBD, a leading bank in the region, recently introduced The LaunchPad, a homegrown concept that identifies the region's brightest start-up ideas and connects them with world-class angel and early-stage investors. Read more »

Banks Set To Invest In Legacy Systems To Combat Challenger Bank Threat

More than three-quarters (80%) of bankers believe challenger banks are an increased threat to their business, while almost one-third (30%) believe they will be the single most disruptive threat in 2019. The survey, commissioned by fintech provider Fraedom, found that in response the challenger bank threat, bankers expect their organisations to invest heavily in updating legacy systems (44%) and new technology (26%) in 2019.  Read more »

PrePay Solutions Powers First UK Business Banking App to with Invoicing and Expense

PrePay Solutions (PPS), subsidiary of Edenred the world’s leading corporate payments organisation, is supporting Countingup to become the first mobile bank in the UK to offer invoicing and expense tools.  First launched in 2018, the revolutionary PPS-powered mobile app initially allowed small businesses to do banking, bookkeeping and stay on top of their taxes. Building on this comprehensive product offering, the new invoicing and expense... more Read more »

Wolters Kluwer Invited to Bank of England Roundtable on the Resolvability Assessment Framework Package

Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has been invited to take part in an industry roundtable, organized by the Bank of England, which will discuss proposals designed to ensure U.K. banks are accountable for their own resolvability - the Resolvability Assessment Framework (RAF). The roundtable takes place today and includes Partner level participants from law firms, consultancies and accounting firms. Wolters Kluwer is... more Read more »

KeyBank Successfully Implements Black Knight's MSP Servicing System for First Mortgages

Black Knight, Inc. (NYSE: BKI) announced today that KeyBank, one of the nation's largest bank-based financial services comp Read more »

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