Citi Appointed Depositary Bank for OMV Petrom’s GDR Programme
- 10 years 1 week ago
- Banking
Citi’s Issuer Services business, acting through Citibank N.A., has been appointed by OMV Petrom S.A. (“OMV Petrom”), the largest oil and gas group in Southeastern Europe, as depositary bank for its Global Depositary Receipt (GDR) Programme. OMV Petrom’s GDRs are listed and trade on the London Stock Exchange (LSE) under the symbol “PETB” for the Regulation S GDRs and “PETR” for the Rule 144A GDRs, with each GDR equivalent to one hundred and fifty... more
Findings Highlight UK Millennials are Uneasy of Sharing Personal Information to Open Bank Accounts
A new research report released today found that while Millennials depend on their digital devices, they are still uneasy sharing personal information to open bank accounts. The report, UK Millennial Study: Privacy vs. Customer Experience in Financial Services, focused on UK Millennials’ tolerance of friction when opening new bank accounts or credit cards, and their level of comfort when sharing personal information online and on mobile. The... more
Rambus Bell ID Enhances Tokenization Management for Banks
- 10 years 1 week ago
- Banking
In response to the increasing complexity and fragmentation of the near field communication (NFC) mobile payments ecosystem, Rambus Bell ID – part of the Rambus Security Division – has launched Token Gateway. Issuing banks can now manage tokenization activity for the ‘OEM Pay’ mobile wallets through a single software platform. This significantly simplifies and consolidates integration with the multiple token service providers (TSPs) operated by... more
SME Digital Services – the Disconnect Between Customer & Bank
- 10 years 1 week ago
- Banking, Infrastructure
Financial services providers, if they want to retain the loyalty of their small business customers, need to provide a more considered offering than they currently do. Research we conducted last year showed that 68% of SMEs are willing to look elsewhere for financial services, and that more than half are tempted to switch banks to get the service they require.
Open Technology Solutions Chooses Alkami’s ORB Platform
- 10 years 1 week ago
- Banking
Alkami Technology, a provider of online and mobile banking solutions for financial institutions, announced that Open Technology Solutions (OTS), a Centennial, Colo.-based Credit Union Service Organization (CUSO), has selected its ORB digital banking platform to provide OTS’s member credit unions, including Denver-based Bellco Credit Union, New York-based Bethpage Federal Credit Union (Bethpage FCU) and Baltimore-based SECU of Maryland (SECU),... more
ICBA Names Michael E. Kochenour as Eastern Region Community Banker of the Year
- 10 years 1 week ago
- Banking
York Traditions Bank (OTC Pink: YRKB), headquartered at 226 Pauline Drive in York Townshipwas notified by the The Independent Community Bankers of America® (ICBA) in Washington, DC this week that Michael E. Kochenour, York Traditions Bank Founder, Chairman and CEO is the eastern region winner of the association's 2016 National Community Banker of the Year award. This annual award recognizes the exceptional work and commitment of individual... more
Commonwealth Bank of Australia Deploys Misys Corporate Banking Solution
- 10 years 1 week ago
- Banking
Commonwealth Bank of Australia (CBA) has selected Misys to provide cloud-ready, connected institutional banking technology solutions to support its banking services outside of Australia. The connected corporate banking solution from Misys will enable digitisation of end-to-end business processes that facilitate connected lending, trade and cash management. The agreement covers CBA’s operations outside of Australia and will provide a single,... more
IFINTEC Finance Technologies Conference and Exhibition
- 10 years 1 week ago
- Banking
IFINTEC Finance Technologies Conference and Exhibition will be held on 09-10 May 2017 in Istanbul, Turkey. IFINTEC is one of the biggest events in EMEA region on Banking Technology, Banking Solutions and Finance Technologies. With 850+ attendees, attendance from 15+ countries, 40 speakers, 35+ speaking sessions, IFINTEC 2016 was organized very successfully. An intensive participation is expected to the IFINTEC 2017 from Turkey and many other... more
NextGen Banking Nordics Summary: The Collision of Security and Convenience
In the Nordics, digital disruption is all the rage. Innovative FinTech startups are popping up among the region’s established banks, putting pressure on the latter to remain relevant to today’s tech-savy consumers. Can they keep up? NextGen Banking Nordics 2016 brought together leaders from all walks of the industry to talk about trends like blockchain, mobile, biometrics and more. Trustly CPO Josef Darmark joined the discussion in a panel... more
CBW Bank Named Most Innovative Community-Based Banking Organization by BAI’s 2016 Global Banking Innovation Awards
- 10 years 2 weeks ago
- Banking
Weir, Kan.-based CBW Bank has been named the “Most Innovative Community-Based Banking Organization” by BAI in this year’s Global Banking Innovation Awards. Additionally, the bank was recognized as a finalist in the “Innovation in Payments” category. Winners were announced at BAI Beacon in Chicago.
Avaloq Enlarges Innovation Ecosystem Through Launch of Developer Portal
- 10 years 3 weeks ago
- Banking
The Avaloq group, an internationally leading fintech company, is opening up to developers to further enhance digital banking solutions and user experience. Freelancers, startups, fintechs and banks of all sizes will be able to innovate jointly using a dedicated portal (developer.avaloq.com). The developer community can commercialise its innovative technologies and share results within both the developers’ community and the entire Avaloq... more
Fidor Bank Partners with ADIB to Launch the MENA's Frst ‘Community Based Digital Bank’
- 10 years 3 weeks ago
- Banking
Abu Dhabi Islamic Bank (ADIB), a top-tier financial services institution, has partnered with Fidor Bank to launch the region’s first ‘community based digital bank’. The new platform is designed to fit the lifestyle of millennial consumers also known as Generation Y, as well as those looking for a digital offering that matches their banking needs.
Bank of Ireland Benefits from Temenos UniversalSuite
- 10 years 3 weeks ago
- Banking
Further to its announcement this morning, Temenos, the software specialist for banking and finance, confirms that Bank of Ireland Group has selected UniversalSuite, its front-to-back solution for retail, commercial and corporate banking, to be implemented as Bank of Ireland’s new core banking and channels platform.
HDFC Bank Taps Backbase to Enhance its Digital Banking Experiences
- 10 years 3 weeks ago
- Banking
HDFC Bank Ltd., one of India’s premier banks, providing innovative products and smart banking solutions to over 37 million customers across India, has selected Backbase, the omni-channel digital banking market leader, to deliver its new digital omni-channel banking platform, running both its online and mobile banking apps. Backbase will play a key role in delivering HDFC Bank’s next generation of banking architecture. Thus platforms like the... more
Major European Bank selects Temenos UniversalSuite
- 10 years 3 weeks ago
- Banking
Temenos (SIX: TEMN), the software specialist for banking and finance, today announces that a major European bank has selected UniversalSuite, its front-to-back solution for retail, commercial and corporate banking.
