Banking

Consumers Left Clueless About Banking Options

6 years 11 months ago
Banking

Online research from Equifax, the consumer and business insights expert, reveals a lack of awareness of banking options among Brits. When presented with a list of digital banks 60% hadn’t heard of any of the brands* and only 20% would opt for a challenger bank if opening a new account today.

Tinkoff and Sberbank Announce P2P Money Transfers Using Just a Mobile Number

6 years 11 months ago
Payments, Online Banking, Mobile Banking

Tinkoff Bank has launched a joint initiative with Sberbank to allow their customers to make P2P money transfers using a mobile number, as part of the bank’s drive to expand the payment options available to its customers. The service will be rolled out from today in the bank’s mobile apps and the personal online accounts of Moscow-based customers, and will be available to all customers across Russia by the end of July.

Path Solutions bags two awards at The Asset Triple A Islamic Finance Awards 2018

6 years 11 months ago
Islamic Finance

Path Solutions is delighted to announce that it has received two accolades from The Asset Triple A Awards 2018, including ‘Best Islamic Technology Provider’ for a fourth year running and ‘Best Islamic Digital Banking Solution’ for its flagship Islamic core banking platform iMAL for the second time.

BPER choses Meniga to offer an enriched Digital Banking Solution

6 years 11 months ago
Banking

Italian banking group, BPER, has contracted Meniga, the global leader in white-label digital banking solutions, to build its next generation digital banking experience solution. BPER has been working on modernising and increasing efficiency across operations and the enrichment of the digital banking with PFM (Personal Financial Management) solution for customers is central to this.

New Frontier Group partners with Mambu

6 years 11 months ago
Banking

New Frontier Group (NFG), a global leader in digital transformation, has partnered with Mambu, the leading SaaS banking engine, to extend its digital banking offering. The cloud-based model leverages NFG’s market-leading opti-channel digital banking solution, powered by Mambu’s SaaS banking engine, to create a fully online and automated digital banking offering which allows institutions to rapidly go to market and deliver business value.

Trustonic chosen by Alcinéo to protect mPOS smartphone apps

6 years 11 months ago
Banking, Security

Payment innovator Alcinéo has chosen Trustonic Application Protection (TAP) to protect its mobile point of sale (mPOS) apps. This will enable banks around the world to offer Alcinéo’s mPOS solutions to their business clients, providing them with the ability to accept payments on mobile devices safe in the knowledge that their customers’ data and payment credentials are protected to the highest level.

iwoca Reaches Profitability

6 years 11 months ago
Banking

iwoca, one of Europe’s largest alternative small business lenders, today announces it reached profitability in the first half of 2018 amid a doubling of revenue over three successive years. iwoca launched in 2012 and has since lent £500m to 20,000 businesses. To meet soaring demand from its small and micro business customer base, iwoca lent a company-record £2.2 million to 137 businesses in a single day at the end of June 2018, funding small... more

Arya Now Leveraged by More Than 20 Financial Institutions Worldwide

6 years 11 months ago
Banking

Arya, an intelligent, open architecture digital services platform for both retail and commercial account holders, announced that over 20 financial institutions worldwide have selected its platform to deliver a feature-rich digital banking experience to their account holders. The highly flexible platform is uniquely positioned to serve banker’s banks and corporate credit unions as well.

Piraeus Bank selects Antelop as its mobile payments provider

6 years 11 months ago
Payments, Banking

Antelop, leading reference in mobile payment solutions for card issuers and banks accelerate deployment with Piraeus Bank, largest card issuer in Greece.

Getting Closer to the Market, Western Union Opens Office in Ivory Coast

6 years 11 months ago
Banking

Western Union has been providing fast, reliable and convenient money transfer services in Ivory Coast since 1995 Western Union (www.WesternUnion.com), a leader in global cross-border, cross-currency money movement, announced today the opening of an office in Ivory Coast, reinforcing the company’s on-going commitment to service excellence by getting even closer to customers.

Maalem Financing Taps Path Solutions Islamic Core Banking Platform

6 years 11 months ago
Banking, Core Banking, Islamic Finance

In line with its new business and innovation strategy, Maalem Financing has signed an agreement with Path Solutions, the Islamic banking software specialist, in which iMAL Islamic core banking platform will be rolled out progressively at the company’s headquarters.

Report recognizes Finastra for both banking book and trading book operations

6 years 11 months ago
Trade Finance, Banking

Finastra has been positioned as a Category Leader in the Chartis RiskTech Quadrants for both banking book and trading book credit risk solutions. The rankings are featured in a recent report published by Chartis, titled Technology Solutions for Credit Risk 2.0, 2018, which assesses the technologies that are addressing the speed, flexibility and risk profile of the lending market.

Western Union integrates the mobile app of Russia's Post Bank

6 years 11 months ago
Banking

The Western Union Company (WU) (NYSE: WU), a leader in cross-border, cross-currency money movement, and Post Bank, one of Russia’s largest banks, have expanded their offering for digital international money transfers by enabling customers to use Post Bank’s mobile banking app to send Western Union Money Transfers directly into billions of bank accounts in more than 50 countries.

Mashreq Bank and SunTec partner to meet VAT compliance

6 years 11 months ago
Banking

SunTec, the leader in revenue management and customer experience orchestration, today announced its partnership with Mashreq Bank, one of the leading financial institutions in the UAE. Through this collaboration, SunTec will enable seamless computing and invoicing of the recently introduced Value Added Tax, without causing disruptions to Mashreq’s existing systems.