Solactive strengthens its Presence in Canada with Hamilton ETFs issuing two Bank ETFs on Solactive Indices
- 6 years 2 months ago
- Banking
Both the Canadian and Australian banking sector remain long-distance runners. With an average net annual return of 11%1 since 1996 for the Solactive Australian Bank Equal-Weight Index and 14.4%over three decades2 for the Solactive Canadian Bank Mean Reversion Index, Canadian ETF provider Hamilton Capital Partners Inc. (“Hamilton ETFs”) recognized the potential of these bank indices and licensed both indices as the underlying for two new index... more
Trade Ledger and Equifax extend partnership to support bid for Capability & Innovation Fund (CIF) to transform SME credit scoring
Trade Ledger, the global banking platform, and Equifax, the consumer and business insights expert, have announced an extended partnership for the UK market which will bid for the BCR Capability and Innovation fund. The fund is part of the RBS Alternative Remedies Package, designed to improve the financial products and services available to small and medium enterprises.
FinecoBank launches Aberdeen Standard Investments Funds
- 6 years 2 months ago
- Banking
FinecoBank today announces the expansion of its investment products with a suite of funds from Aberdeen Standard Investments (ASI). With the new funds from ASI, Fineco clients in the UK now have access to a new set of funds, representing a wide variety of investment strategies and asset classes. The ASI Funds will be available through the Fineco Investment platform for a cost of platform of just 25 basis points per year.
NatWest launches new open banking payments service
NatWest has today announced the launch of a new online payment service, Payit by NatWest, which allows customers to make instant online payments to participating retailers, without the use of a debit or credit card - resulting in a fast, fair, simple and safe payment experience. Payit uses the Open Banking infrastructure to allow customers of UK banks to pay for products and services offered by retailers who use the service, which is targeted at... more
SYKES for FinTech Survey Reveals Consumer Behavior Shifts in the Era of COVID-19
A new SYKES for FinTech survey finds many U.S. adults are new users of financial technologies, specifically in response to the COVID-19 global pandemic.
Future Fund publishes diversity data of companies receiving Convertible Loan Agreements
The British Business Bank publishes Future Fund data that gives a detailed picture of the 252 companies that have been approved for £236.2m worth of Convertible Loan Agreements since the scheme was launched on 20 May. There have been 623 applications in total in the first month of operation. Government has said it will keep the size of the scheme under review and consider increasing it if needed. This data shows where companies are based across... more
Zopa launches new digital bank, offering consumers a compelling alternative when they need it most
Zopa has today been awarded its full bank licence, launching at a time when consumers need financial services providers to work on their behalf more than ever.
Cairo Amman Bank adopts the latest technology to enhance performance and security for its digital banking services through Aruba
Cairo Amman Bank PLC. (CAB),is a public limited company located in Jordan, Palestine and Bahrain. Ever since its establishment in 1960, the Bank has been providing an inclusive range of services and successful banking solutions to fulfil the needs of its customers. CAB has deployed state-of-the-art networking technology from Aruba, a Hewlett Packard Enterprise company.
FSS Technologies signs Emrys La Carte for Issuance Processing Service
- 6 years 3 months ago
- Banking, Cloud, Compliance, Regulatory Standards
FSS Technologies (Financial Software and Systems), a global digital payment and financial technology company, announced today that Emrys La Carte, one of France’s leading consumer cooperatives has engaged with FSS to provide a hosted card issuance service. The Card Management Platform runs on FSSNeT, FSS’secure private cloud. The managed services model drives operational efficiencies, with dedicated cross-functional teams assuming responsibility... more
First Bank launches Micro Creditum app and continues its digital transformation with FintechOS as technology partner
- 6 years 3 months ago
- Banking
First Bank continues its digital transformation with the launch of the Micro Creditum application, making the entire lending process more efficient for its business customers in need of finance. Analysis of credit documents can now be achieved in just one hour, marking a reduction in processing time of 80%.
MCI Club enhances onboarding with Knowledge Bank integration
- 6 years 3 months ago
- Banking
MCI Club has integrated its digital broker platform Burrow into Knowledge Bank’s API to provide brokers with up-to-date criteria information when qualifying new and existing mortgage customers. Through the Burrow platform, potential borrowers coming from search engines, a broker’s website or other channels, by answering just a small set of questions, will receive a qualified, personalised mortgage report. This is then available to the broker,... more
Caixa Geral de Depósitos selects Finastra to transform treasury and capital markets business
- 6 years 3 months ago
- Treasury, Banking, Regulatory Standards, Risk Management
Caixa Geral de Depósitos, the largest commercial bank in Portugal, has chosen Finastra to power its end-to-end treasury and capital markets business. It has selected Fusion Kondor, Fusion Risk and Regulatory Reporting as a Service to support this front-to-back-to-risk transformation. The bank’s users will have access to automated and standardized interfaces which will improve day-to-day operations and will benefit from an enhanced user... more
Chargebacks911 launches new brand Fi911 to support financial institutions with automated chargeback management
Leading chargeback remediation and dispute technology specialist, Chargebacks911, has launched its revolutionary new brand, Fi911, to provide financial institutions with a suite of next generation chargeback and merchant lifecycle management technology.
IBS Recognizes Temenos as the #1 Best-Selling Banking Software for Digital, Core Banking, Payments, and Risk Management
- 6 years 3 months ago
- Banking, Risk Management
Temenos (SIX: TEMN), the banking software company, was ranked the market’s leading software provider in digital banking, core banking, payments and risk management product categories according to the IBS Intelligence Sales League Table 2020 (SLT). Temenos was also named a regional leader in both Europe and Americas.
Icelandic neobank indó partners with Enfuce to develop Iceland’s first challenger bank
- 6 years 3 months ago
- Banking
Relying on Enfuce’s turnkey service, indó can develop and scale “the world’s least powerful bank”.
