Ecobank, the Pan African Bank, appoints MFS Africa Ltd as Digital payment partner
- 6 years 5 months ago
- Banking
Nordea announces organisational changes
- 6 years 5 months ago
- Banking, People Moves
Nordea Bank Abp (Nordea) has decided to further increase focus and strengthen execution within risk and compliance by consolidating resources in these areas. Two roles in Group Executive Management will be changed.
iwoca adds Barclays and HSBC to Open Banking connections
- 6 years 5 months ago
- Banking
iwoca, the UK’s fastest growing small business lender, today announces it has connected to Barclays and HSBC banks under Open Banking. This expands the number of Open Banking connections offered by iwoca to three, including Lloyds Bank, and will enable more than 60 percent of the lender’s customers to take advantage of the Open Banking service.
Equifax comments: Momentum building for Open Banking in 2019
- 6 years 5 months ago
- Banking
Jake Ranson, Banking & Financial Institutions Expert and CMO at Equifax UK, believes consumers will begin experiencing the full benefits of Open Banking in the year ahead: January 2019 marks the first anniversary of Open Banking, and we can expect it to play a central role in the banking sector for the year ahead. As more companies evolve the new technology into live customer journeys, consumers will really begin to experience the full... more
Data breaches threaten customer trust in Open Banking
- 6 years 5 months ago
- Banking, Infrastructure
TLT’s Opportunity Knocks report on Open Banking, which draws on research involving 130 senior decision makers across UK financial services, highlights a growing tension between data sharing – the basic tenet of Open Banking – and high profile data breaches, as customers grow increasingly aware of and sensitive to data security issues.
Sberbank taps POS lending market
- 6 years 5 months ago
- Banking
Sberbank announces its entrance on the POS lending market with a new product, Purchase on Credit.
AAOIFI and Path Solutions sign agreement to pursue and maintain certification
- 6 years 5 months ago
- Islamic Finance
The Accounting and Auditing Organization for Islamic Financial Institutions (“AAOIFI”) and Path Solutions signed an agreement for the renewal of certification for Path Solutions’ iMAL Islamic core banking platform to comply with AAOIFI’s relevant standards.
IDC urges Middle East's Banking & Finance industry to enhance provision of digital customer experiences
- 6 years 5 months ago
- Banking, Infrastructure
As the open banking movement gathers momentum and the use of artificial intelligence (AI) continues to proliferate across the industry, 25% of financial institutions worldwide will be capable of processing transactions initiated by third-party digital personal assistants by 2022.
thinkmoney Chooses Token for PSD2 Compliance
- 6 years 5 months ago
- Banking
Turnkey open banking platform provider, Token.io Limited, has been chosen by UK financial institution thinkmoney to deliver PSD2 compliance and open banking capabilities before the first Regulatory Technical Standards (RTS) deadline in March.
Token and Almoayed Technologies Partner to Deliver Open Banking Across MENA Region
- 6 years 5 months ago
- Banking
Turnkey open banking platform provider, Token.io Limited, today announces a partnership with Almoayed Technologies, the MENA region’s leading technology infrastructure development company, to accelerate open banking across the Arabian Peninsula. Ahead of the introduction of open banking regulations in Bahrain, announced yesterday*, Almoayed Technologies and Token have been working together to enable fast and simple compliance for the Kingdom’s... more
New research by MagnaCarta and Klarna identifies four key issues to dominate fintech
- 6 years 5 months ago
- Banking, IT Innovations
“Removing Roadblocks: The New Road of Fintech”published today by MagnaCarta in partnership with Klarna identifies four key elements critical to the future development of fintech - Relevance, Openness, Automation and Data.
Danske Bank rolls out support for Google Pay
Danske Bank has announced that from today, its customers will be able to use Google Pay to pay in shops, online, in apps and more. This makes Danske the first of the big four Northern Ireland banks to support the main contactless payment services currently available.
Yes Bank reveals APIs for corporate debit mandates
- 6 years 5 months ago
- Banking
YES BANK, India’s 4th largest private sector bank announced successful launch of end-to-end process for corporates to accept NACH Debit mandates from its customers through Net banking.
MUFG Europe Selects Wolters Kluwer for Regulatory Reporting and Risk Software in Germany and The Netherlands
- 6 years 5 months ago
- RegTech, Banking, Risk Management
MUFG Europe, the European subsidiary of Japan’s Mitsubishi UFJ Group, has chosen Wolters Kluwer’s OneSumX software to manage a number of regulatory and risk reporting obligations for its Dutch and German business lines, including AnaCredit and Interest Rate Risk in The Banking Book (IRRBB).
