AVALOQ wins the prize in the BLOCKCHAIN category at the Banque & Innovation 2018 trade fair for its crypto investment solution
- 6 years 6 months ago
- Banking
The Banque & Innovation awards recognise innovation and performance by companies presenting products or services directly related to banking innovation. Avaloq, a leading fintech company and international provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to banks and wealth managers, won the prize in the BLOCKCHAIN category. The trophy was presented at the Banque & Innovation 2018 trade fair... more
Revolut banks on Exasol for enterprise-wide analytics soluti
- 6 years 6 months ago
- Banking, Infrastructure
Digital banking alternative, Revolut, has selected Exasol’s in-memory database as the central data repository for its organisation-wide data analytics requirements. One of the fastest growing FinTech businesses in the world, Revolut has adopted data-driven decision making, and has chosen Exasol to provide comprehensive and up to date data to every employee from its data science team to business heads to frontline staff.
Revolut banks on Exasol for enterprise-wide analytics solution
Digital banking alternative, Revolut, has selected Exasol’s in-memory database as the central data repository for its organisation-wide data analytics requirements. One of the fastest growing FinTech businesses in the world, Revolut has adopted data-driven decision making, and has chosen Exasol to provide comprehensive and up to date data to every employee from its data science team to business heads to frontline staff.
Xero accelerates banking connections
- 6 years 6 months ago
- Banking, Infrastructure
Xero, the global small business platform, today unveiled major initial success of its new, full-featured API for bank feeds, with five leading fintech integrations – Tide, Starling, TransferWise, Revolutand Soldo– that give small businesses in the UK acc
Wolters Kluwer Triumphs in Regulation Asia Awards
- 6 years 6 months ago
- Banking, Compliance, Infrastructure
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has won a major award for the Asia Pacific (APAC) region. Regulation Asia has named Wolters Kluwer’s OneSumX for Regulatory Reporting the “Best Solution in Regulatory Reporting” in its Awards for Excellence, 2018.
Trying to understand blockchain? Here's a simple explanation
- 6 years 6 months ago
- Blockchain, Banking
In the last two years, technologists and storytellers have struggled to explain blockchain in simple terms that everyone can understand. At its core, blockchain is a digital ledger of transactions. Just like bookkeepers once used bound, paper based ledgers to log transactions and reconcile accounts.
UOB’s Digital Bank advances customer-centric data solutions with Meniga
- 6 years 6 months ago
- Online Banking, Data
United Overseas Bank (UOB) today announced that its advanced data enrichment and categorisation capability will help UOB Digital Bank customers keep track in real time of their savings and expenses more easily and clearly. Meniga, a global leader in digital banking solutions, will be the engine running this capability for the Bank.
Trustly opens office in Helsinki to meet increasing demand from Finnish online businesses
Trustly, the European payments company, today announces that it has opened a new office in Helsinki to meet a growing demand for its fast, simple and safe payment method from Finnish online businesses and their customers.
Commerzbank and Societe Generale have signed a Business Purchase Agreement for Commerzbank’s Equity Markets & Commodities business (EMC)
- 6 years 6 months ago
- Banking
Commerzbank and Societe Generale announce the signature of a Business Purchase Agreement for Commerzbank’s Equity Markets & Commodities business (EMC). On 3 July 2018, both banks already announced an agreement for the sale of Commerzbank’s EMC business to Societe Generale. The transaction has been approved by the employee representative committees in Germany and remains subject to the approval by relevant authorities.
Íslandsbanki invests €3 million in Meniga’s digital banking solutions
- 6 years 6 months ago
- Banking
Meniga, the global leader in digital banking solutions, today announced a €3 million investment from Íslandsbanki, bringing the total investment in the company from banks this year to €9.1m. Íslandsbanki is the third bank to have invested in Meniga this year. The Icelandic bank follows Swedbank´s investment in April and the strategic partnership announced with UniCredit in June. Meniga will use the proceeds from the Íslandsbanki investment to... more
Fenergo Expands into Private Banking and Wealth Management
- 6 years 6 months ago
- Wealth Management, Banking
Fenergo, the leading provider of Client Lifecycle Management solutions (CLM) and services for financial institutions, has announced its expansion into Private Banking and Wealth Management, with the creation of a new division lead by Steve D’Souza.
Deutsche Bank references new Solactive China Consumers Index as Underlying for Tracker Certificate
- 6 years 6 months ago
- Banking, Infrastructure
Chinese households possess a huge spending capacity. From 2010 to 2017, the retail sales of consumer goods in China accumulated from 158 bn RMB (22.7 bn USD) to more than 366 bn RMB (52.7 bn USD) – revealing a Compound Annual Growth Rate of 11 percent p.a. over the last eight years.
Deutsche Bank and HCL Technologies join forces to transform cheque processing operations
- 6 years 6 months ago
- Banking, Infrastructure
Deutsche Bank and HCL Technologies (HCL), a leading global technology company, today announced a strategic partnership to transform the bank’s global cheque processing operations. Under the terms of the agreement, HCL will build a cloud-based digital and fully scalable cheque processing platform for the bank. The new IT-platform is expected to go live in 2019.
EBA reports on outcome of 2018 EU-wide stress test
- 6 years 6 months ago
- Banking
ING Group was subject to the 2018 EU-wide stress test conducted by the European Banking Authority (EBA), in cooperation with the De Nederlandsche Bank, the European Central Bank (ECB), and the European Systemic Risk Board (ESRB). ING Group notes the announcements made today by the EBA on the EU-wide stress test and fully acknowledges the outcomes of this exercise.
Cashfac unveils Slide
- 6 years 6 months ago
- Banking
Slide is a new banking app that gives business owners a complete, real-time and editable view of their past, present and future cash position. It is designed to help them make better-informed financial decisions, giving them more control and peace of mind when it comes to their future financial health. No More Guesses.
