Identitii and Trace Financial Simplify ISO 20022 Migration for SWIFT Member Banks Globally
- 6 years 2 months ago
- Banking
Identitii Limited (Identitii, Company) (ASX: ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a private blockchain, has partnered with leading message transformation software provider Trace Financial Limited (Trace Financial).
Saxo Bank and Brown Advisory collaborate to offer a portfolio of ethical stocks to SaxoSelect clients
- 6 years 2 months ago
- Investment, Banking
Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, and Brown Advisory, a leading global investment manager with a long history in sustainable investing, announced a cooperation to launch a new digital investment portfolio, Ethical Selection in the SaxoSelect universe.
NatWest Offers Revamped Business Credit Card Free for First Year
- 6 years 2 months ago
- Banking
NatWest has today announced the relaunch of its Business credit card aimed at start ups and smaller SMEs, with the bank now offering the card free of charge for the first year, to all new customers. The lender has also reduced the ongoing annual fee on the NatWest Business card to £30 a year after the first year, which it will waive for customers that spend over £6,000 on the card annually. The cash withdrawal rate has been lowered and aligned... more
Temenos honors customers in ‘Best in Banking Awards’ at Temenos Community Forum 2019
- 6 years 2 months ago
- Banking, IT Innovations
Temenos (SIX: TEMN), the banking software company, today announced the winners of this year’s customer awards. The awards recognize Temenos clients for best practice, achievements and a demonstration of excellence, innovation and a vision for the future of banking.
CBA Sees Surge in Contactless Payment Transactions Following Apple Pay Roll Out
CBA has seen contactless payment transactions linked to a debit or credit Mastercard almost triple, since the introduction of Apple Pay earlier this year. In over 90 per cent of purchases contactless is now preferred, and the popularity of Tap & Pay methods continues to rise compared with other payment options. “The popularity growth among consumers is also changing the way businesses make and receive payments, with more choosing to go... more
Three Finnish Banks Select Temenos to Underpin Digital Transformations
- 6 years 2 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that three Finnish banks contract wins – Savings Banks Group, Oma Savings Bank Plc and POP Bank Group – they have selected Temenos T24 Transact and Temenos Payments Hub (TPH) to underpin their digital transformations. Their new shared digital core banking platform will be implemented and managed by Cognizant, one of the world's leading professional services companies, through... more
Solactive MicroSectors™ U.S. Big Bank Index Launches, on the Basis of New MicroSectors ETNs
- 6 years 2 months ago
- Banking
Solactive reported about the Solactive MicroSectors™ U.S. Big Bank Index. The Index premiers as Solactive’s first joint collaboration with US company REX Shares, functions as the underlying for a series of long & short ETNs for sophisticated investors, and is linked only to the biggest U.S. banks. With respect to conventional sector classification, the equal-weighted index captures the ten largest securities according to free-float market... more
Temenos Releases 2019 State of Digital Sales in Banking Report
- 6 years 2 months ago
- Transaction Banking, Banking
Temenos (SIX: TEMN), the banking software company, today unveiled the findings of its 2019 Digital Sales in Banking Report. The report, now in its fourth year, compares the digital account opening capabilities of 60 large and representative mid-size banks in North America, Europe and Australia, measuring both the breadth of offerings and the quality of the customer journey. Banks arriving at the digital promised land
Barclays Chooses Ten Companies To Join Tel Aviv Accelerator
- 6 years 2 months ago
- Banking, FinTech StartUps
Barclays announces the ten companies that will join the 2019 Tel Aviv Barclays Accelerator, powered by Techstars class.
Crealogix Research: Consumers ‘zoned out’ from almost 61 million UK bank accounts
- 6 years 2 months ago
- Transaction Banking, Banking
More than half of all UK consumers have at least one bank account they no longer use, but have not yet closed. The research, commissioned by CREALOGIX, found that banking customers are also increasingly opening new accounts with challenger banks because they offer personalised features that consumers are looking for.
Dutch banking giant goes live with Temenos Continuous Deployment SaaS product
Temenos (SIX: TEMN), the banking software company, today announced that ABN Amro has selected Temenos Continuous Deployment, which utilizes DevOps principles and extends the Temenos DevOps operations into the banks environments, to accelerate the bank’s speed of software delivery and rapidly launch new competitive innovations to the market.
OpenPayd to Unlock Banking
OpenPayd announced today that they are on a mission to ‘Unlock Banking’. The London-based tech firm will simplify payments and banking for businesses through its modular technology and global license network. The OpenPayd group which comprises the Settle Go and Ozan technologies specialises in serving both B2B and B2B2C organisations.
Archax Chooses ClearBank For Banking Services
- 6 years 2 months ago
- Banking
ClearBank has today repored that it has been selected by Archax, a forthcoming institutional digital securities exchange based in London, for its pioneering ‘Banking as a Service’ offering.
Temenos launches Data Lake to fuel next-generation AI-driven banking applications
- 6 years 2 months ago
- Artificial Intelligence, Banking
Temenos (SIX: TEMN), the banking software company, today launched Temenos Data Lake and is first to market with a robust, productized data lake that integrates big data analytics into its banking software. Temenos Data Lake delivers out-of-the box data integration, preparation and optimization to power AI-driven banking applications.
Tinkoff Group builds the most powerful supercomputer among financial institutions for AI applications
- 6 years 2 months ago
- Artificial Intelligence, Banking, IT Innovations
Tinkoff Group built its own supercomputer in line with its AI First strategy and ambition to develop a platform for machine learning and artificial intelligence. The Kolmogorov cluster is designed to quickly train models on large datasets built since the company’s inception 13 years ago. Fast connections between computer nodes improve the efficiency of hardware resources in distributed training on huge data sets.
