Banking

Harnessing Fintech Innovation in Retail Banking

Defining a Sustainable Strategy for Innovation: Keeping banks relevant to consumers now and in the future Arena International is proud to present the 4th edition of the Harnessing Fintech Innovation in Retail Banking conference. This event will host around 150 senior attendees aiming to continue supporting retail banks in defining a sustainable strategy for innovation in the long term. Read more »

Icici Bank Introduces Digital Application Form for Opening Current Accounts

ICICI Bank, India’s largest private sector bank by consolidated assets, announced the launch of a digital application facility on smartphones and tablets, that enables bank officials to open current accounts of self-employed individuals and businesses swiftly in just a few hours, in comparison to an industry average of a few days.  Read more »

Fico Unveils New and Improved Banking Tools

FICO today unveiled a host of new retail banking solutions that allow lenders to manage the credit lifecycle in a way that is smarter, faster and simpler. The innovations are designed to help support lenders with their digital transformations as retail banking continues to be shaped by the forces of mobile, cloud, analytics and big data.  Read more »

IBS ranks Temenos #1 best-selling end-to-end banking software provider in the international market

Temenos (SIX: TEMN), the banking software company, was ranked the market’s leading software provider in the core banking category, as well as in the digital banking and channels categories, according to the IBS Intelligence Sales League Table 2018. This ranking is a testament to Temenos' strategy to provide packaged, upgradeable, front-to-back software solutions, which help banks digitalize their operations. Read more »

Solactive and UBS launch pioneering World Bank & Develop- ment Bank Debt Indices

Solactive today issued the Solactive UBS Development Bank Bond Index Family, a new family of financial benchmarks targeting the World Bank and other high-grade development bank debt. The family is the result of a partnership between Solactive and UBS and follows the launch of an increasing number of ESG strategies by the German index engineer. This time, however, the Solactive UBS Development Bank Bond Index Family focuses on a field of sus-... more Read more »

Side-by-side-integration

valantic and Thomson Reuters intensify their cooperation

The internationally acting companies valantic Trading Solution AG and Thomson Reuters have announced to further intensify their long-standing and successful cooperation. The core of the current cooperation forms the transfer of know-how as well as connection of valantic’s trading solutions to the information and trading platforms of Thomson Reuters. Now, the focus lies on the integration of Eikon into iQbonds. The customers of both companies and... more Read more »

Maybank Re-engineers Online Platform

Maybank expects the number of its online banking transactions to increase to 6.4 billion in 2018, aided by the new and reimagined Maybank2u website which will be launched to the public on 19th April. Maybank’s Group Head, Community Financial Services, Datuk Lim Hong Tat said that since the introduction of the Bank’s online banking service in 2000, the number of transactions conducted on its online platform had risen steadily each year, reaching... more Read more »

nCino Partners with VASCO to Strengthen End-to-End Digital Solution for Financial Institutions

nCino, the worldwide leader in cloud banking, today announced that it is collaborating with VASCO, a global leader in digital solutions including identity, security and business productivity, to integrate the eSignLive™ electronic signature solution into its Bank Operating System. Read more »

Squirro Research Reveals Banks Believe Artificial Intelligence Can Have a Significant and Positive Impact on Their Business

The use of artificial intelligence (AI) and machine learning (ML) in financial services (FS) is on the rise, with 83% of banks having evaluated AI & ML solutions, and 67% having actively deployed them, according to a new study out today. Read more »

Digital Transformation Within the Financial Services is Being Held Back by Legacy Technology, Warns TmaxSoft

To keep pace with the spectacular growth exhibited by the fintech industry, traditional financial institutions must move away from old legacy technology systems and adopt more agile, flexible IT services. This is according to the multinational software innovator, TmaxSoft, which believes this migration is needed to respond to changing consumer habits in real time and offer more personalised customer service. Read more »

Spotcap Welcomes Applications for Fintech Fellowship to Address Skills Gap

Online lender Spotcap today opened the Fintech Fellowship to applicants. The programme offers an £8k award to a postgraduate student studying a fintech related course at a UK university. Applications will be open for four months and close on the 1  August 2018. Read more »

Open Banking Ends Managed Roll Out

The Open Banking Implementation Entity (the ‘OBIE’), the body created by the UK’s largest personal and small business current account providers to create a better way to move, manage and make more of your money, announces that regulated companies are now able to offer new Open Banking services to consumers and businesses. Since launch on 13 January 2018, the OBIE has operated a ‘Managed Roll Out’ programme designed to prove that this critical... more Read more »

Avoka Releases 2018 State of Digital Sales in Banking Report

Avoka, the global leader in customer acquisition journeys in banking, today unveiled the findings of its 2018 State of Digital Sales in Banking Report. The report, now in its third year, compares the digital account opening capabilities of 50 of the largest banks in North America, Europe, and Australia, measuring both the breadth of their offerings and the quality of their customer experience. Read more »

Double Global Banking & Finance Review honors for Path Solutions and Group Chairman & CEO Mohammed Kateeb

Path Solutions, the global leader in Sharia-based technologies to the Islamic financial services industry, announced today that the company and its Group Chairman & CEO, Mohammed Kateeb, have been awarded this year’s ‘Best Islamic Banking Technology Provider EMEA’ and ‘Best Islamic Finance Technology CEO EMEA’ respectively by Global Banking & Finance Review.   Read more »

Research finds that Open Banking has a Consumer Perception Problem

Research by CREALOGIX Group, provider of mobile banking solutions, has revealed that 46 per cent of the consumers are concerned about the security implications of Open Banking, including identity theft and data breaches. When asked whether they thought Open Banking was a good idea, 69 per cent said no, with security being their primary concern. Those that thought it was a good idea said they believed it would help them budget better, switch... more Read more »

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