Banking

Pannovate partners up with Salt Edge to deliver instant PSD2 compliance

Pannovate, UK’s leading payment and digital banking technology company, has partnered up with Salt Edge, leader in offering open banking and secure customer authentication solutions to help organisations launch competitive PSD2 compliant banking and payments programmes in the UK and throughout Europe. Read more »

National initiative launched by Fintech Tully aims to help 17 million people in the UK who have been financially impacted by COVID-19

Tully, Nottingham-based Fintech, has today announced the launch of their COVID-19 Relief and Wellbeing Network to help people financially impacted by the COVID crisis get access to payment relief.  Read more »

Korea’s KB Bank uses Trustonic in-app protection to enhance mobile banking experience

Mobile cybersecurity leader, Trustonic, today announces the successful implementation by KB Kookmin Bank (KB Bank) of Trustonic Application Protection (TAP™) to enable a simpler authentication experience for users of its  Read more »

Celent Recognizes Backbase as a Leader in Digital Onboarding and Origination Solutions

Backbase, the leading omni-channel digital banking platform, announced today that it has topped Celent’s Retail Banking Customer Onboarding Platform vendor assessment, winning both Celent’s Xcelent Technology 2020 Award and Xcelent Functionality 2020 Award. The report provides a rigorous analysis of the customer onboarding vendor landscape, including a profile comparison of 17 solutions. Backbase’s richness and breadth of products and solutions... more Read more »

Nordea Bank Abp’s Board of Directors proposes postponement of decision on dividend payment

In light of the COVID-19 pandemic and the related recommendation adopted by the European Central Bank (“ECB”) on 27 March 2020, the Board of Directors of Nordea has decided to propose postponement of the decision on dividend payment for the financial year 2019 and therefore to change its proposal for dividend payment to the Annual General Meeting planned to be held on 14 May 2020. Read more »

1 in 3 Micro-businesses Risk Breaking Tax Rules by Failing to Separate their Personal and Business Bank Accounts

A survey carried out by 3Gem for Amaiz, the new banking app, has revealed that just over 30% of micro-businesses don’t have a separate business bank account. These businesses risk muddling business and personal expenditure and breaking tax rules. The survey also found that 44% of micro-businesses are usually spending at least 3 hours a week on admin, with one in five spending around a day a week on getting the books in order. Read more »

Deloitte and FintechOS, partners in CEC Bank’s digital transformation

Deloitte Romania and FintechOS have created and implemented the technical solution for the “Welcome” package, which CEC Bank has integrated with its legacy systems, allowing it to launch, in March, a complex project aimed at digitalizing the products and services provided by the bank to customers in Romania and abroad. The package can be accessed 100% online and includes a current account, a debit card and access to the Mobile Banking service. Read more »

NYMBUS SmartLenders™ Program Enables Financial Institutions to Immediately Assist Small Businesses Impacted by COVID-19

NYMBUS® will help all financial institutions respond to the impact of COVID-19 through its live new program that provides the fastest processing of Small Business Administration (SBA) Paycheck Protection loans, enabling participating banks and credit unions to deliver instant financial relief for their small business customers. Read more »

ICICI Bank launches banking services on WhatsApp

ICICI Bank today announced the launch of banking services on WhatsApp to enable its retail customers to undertake a slew of banking requirements from their home at a time when they are advised to stay indoors in the wake of the nationwide lockdown to fight against corona virus. Read more »

Sony Bank Launches New Service “English online banking”

Sony Bank Incorporated today announced the launch of a new English-language online banking service, aiming to provide foreign residents in Japan a seamless, hassle-free way to open a bank account and conduct everyday banking in English. Read more »

ING provides update on dividend in the context of the coronavirus pandemic

ING is fully committed to helping our customers and supporting society in coping with the coronavirus pandemic. In many countries we are working with the local industry and governments to provide businesses and individuals the necessary financial flexibility while ensuring we continue to play the vital role banks have in society, providing key banking services through our network. Read more »

Metro Bank will waive overdraft interest on a temporary basis

Metro Bank announces that from 1 March to 30 June 2020, personal current account customers will not be charged any interest for using their overdraft. This will happen automatically and customers do not need to contact the bank. Read more »

Sygnum Bank launches digital CHF token

Sygnum Bank announced the launch of its digital CHF token (DCHF). This CHF-pegged settlement token is the first to be issued by a regulated Swiss bank with a full digital asset banking suite Read more »

ABN AMRO extends support measures for businesses affected by coronavirus

Last week ABN AMRO announced that, for Commercial Banking clients with a credit facility of up to 2.5 million euros, payment of principal and interest will be deferred for six months. Today ABN AMRO is extending this measure to Commercial Banking clients with a credit facility with a principal and/or a limit of up to 50 million euros. Read more »

Temenos Offers Customers Free Access to its Digital Learning Platform During the COVID-19 Crisis

Temenos (SIX: TEMN), the banking software company, today announced a free digital learning initiative, opening access to the Temenos Learning Community Online, its cloud-based digital learning platform, to help its customers make best use of Temenos software as they respond to the challenges posed by the coronavirus pandemic. Read more »

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