Banking

UBX opts Temenos to transform banking in the Philippines

Temenos (SIX: TEMN), the global banking software company, today announced a partnership with UBX, the fintech subsidiary of UnionBank of the Philippines, the seventh-largest bank in the Philippines. The UBX partnership with Temenos aims to deliver digital banking to millions of people in the Philippines in the next five years. The partnership will give UBX partner financial institutions access to Temenos’ integrated and highly scalable core... more Read more »

Wari Integrates with WhatsApp to Enable Customers Request Financial Services

More than 1-billion people in over 180 countries use WhatsApp to stay in touch with friends and family, anytime and anywhere. It is this very reason that has driven Wari (www.Wari.com) to integrate with the WhatsApp Business solution to enable customers – through strategic partnerships - to request its financial services around the world on WhatsApp. Read more »

Khaleeji Commercial Bank Fully Compliant with the Central Bank of Bahrain’s Open Banking Directives

 Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in Bahrain, has officially announced its readiness for open banking services today, making it the first bank in Bahrain and the MENA to be fully compliant with the CBB’s directives. Read more »

Cryptomathic Announces Acquisition of Aconite Technology

Cryptomathic, the global specialist in secure server and payments solutions, today announces the strategic acquisition of end-to-end EMV® card lifecycle, transaction processing and PIN management provider, Aconite Technology. Both Cryptomathic and Aconite Technology are widely respected for their long standing and deep expertise in the provisioning of secure infrastructure for EMV payments. The acquisition will enable the two firms to leverage... more Read more »

Finastra’s open cloud platform drives collaboration and innovation in financial services

Today ahead of its FusionONE developer conference, co-hosted with Microsoft, Finastra unveiled the latest developments to its FusionFabric.cloud open platform for innovation. Read more »

Redwood Bank Becomes the 31st Bank to Join Flagstone

Redwood Bank, which focuses on small and medium-sized businesses in the UK, has become the latest challenger bank to join Flagstone’s cash deposit platform. Flagstone’s SME clients will now be able access to Redwood Bank’s competitive rates with a 1.40% one-year fixed-term deposit account now live on the platform. Read more »

ACI Worldwide Transforms Payments and Security for Chile’s Largest Acquirer

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Transbank, the largest acquirer in Chile and an existing ACI customer, is now taking advantage of ACI’s UP Retail Payments solution to offer differentiated services to businesses, maintain a competitive edge in the market and better comply with local card scheme mandates. Read more »

Allegacy Federal Credit Union Strengthens Its Core with Transition to Fiserv

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Allegacy Federal Credit Union, a $1.43 billion in assets credit union based in Winston-Salem, North Carolina, will advance its member and business services capabilities and prepare for the next stage of its growth by enhancing its core platform with an integrated suite of solutions from Fiserv. Read more »

ICS Financial Systems Named “Best Technology Solution Provider to Islamic Finance in UK”

ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, is awarded “Best Technology Solution Provider to Islamic Finance in UK” during  CIS (The Commonwealth of Independent States) – Islamic Banking and Finance Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE). Read more »

Worldwide Demand for ATMs Dropped for the First Time

China’s ATM numbers continue rapid fall According to a brand-new report from RBR, Global ATM Market and Forecasts to 2024, ATM numbers dropped in four of the five largest markets in 2018. More than half the world’s ATMs are found in just five countries; of these China, the USA, Japan and Brazil saw a decrease in ATMs, whilst in India, growth slowed considerably. Read more »

Piper Jaffray Chooses MCO’s Compliance Management Software

-MyComplianceOffice (MCO) announced today at the annual  Read more »

Deutsche Bank Reveals Ultimate Guide to ISO20022 Migration

The decision by major central banks and SWIFT to migrate to ISO 20022 is an opportunity for banks and corporates to improve operational efficiency and reassess existing business models, but will require CEO commitment and allocation of appropriate budgets. Read more »

The National Bank of Bahrain Enables Open Banking Services in MENA

National Bank of Bahrain (NBB) has today taken a lead role in evolving the banking industry in the region, by adopting technologies that enable it to deliver new open banking services to its customers. Read more »

Discovery Bank Taps Aconite Technology’s EMV Solution Suite

Aconite Technology Ltd is proud to announce that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Limited, the leading South African insurance and financial services provider, has started issuing and processing EMV®* debit and credit cards using Aconite Technology’s EMV solution suite. This initiative is part of Discovery’s expansion from a predominantly insurance-based business to a fully-fledged banking... more Read more »

Fenergo and Refinitiv Join Forces to Accelerate Client Onboarding

Facilitating the flow of legal entity and counterparty information between banks and data providers to counteract financial crime, bribery and corruption is critical. Fenergo, the leading provider of digital Client Lifecycle Management (CLM) software solutions, has partnered with Refinitiv, global provider of financial markets data and infrastructure, to enable customers to more efficiently identify risk. Read more »

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