Arab African International Bank Wins Two Awards from World Finance
- 7 years 10 months ago
- Banking
For its exceptional work, Arab African International Bank (AAIB) has been awarded the accolades of Best Banking Group and Most Sustainable Bank in Egypt, 2017, by World Finance magazine. When AAIB was established in 1964, it became Egypt's first Arab multinational bank. Today, it's the country's fastest growing bank in terms of both size and profitability.
Transferwise Launches Consumer “borderless” Account and Debit Card
- 7 years 10 months ago
- Foreign Exchange, Banking
Transferwise is moving another step closer to banking territory with the expansion of its “borderless” account and debit card for consumers. The accounts can hold cash in more than 20 different currencies and will initially role out to 1,000 users following its launch last year for businesses. The company is also launching its own debit card, with both new features expected to be widely available in the coming months. “Our mission is to make... more
Leading UK and European Banks to Meet in London in March to Share Open Banking and PSD2 Progress
- 7 years 10 months ago
- Banking
At the end of March 2018, leading UK and European banks will meet in London to assess the impact of the Open Banking Standard and PSD2, sharing insight into the distribution strategies and operating models being developed to meet the demands of regulation and customer expectations.
Yes Bank to offer ATM withdrawals using Aadhaar ID and biometric authentication
- 7 years 10 months ago
- Banking
Nearby Technologies has partnered with YES BANK, India’s 5th largest private sector bank and worked closely with National Payments Corporation of India (NPCI) to launch a card less and PIN-less Aadhaar ATM service.
CIBC Innovation Banking unit launched to help grow startups
- 7 years 10 months ago
- Banking
Today, CIBC introduced CIBC Innovation Banking, a full-service business that delivers strategic advice and funding to North American technology and innovation clients at each stage of their business cycle, from start up to IPO and beyond.
Alrajih Islamic Bank for Investment and Financing opts for iMAL from Path Solutions
- 7 years 10 months ago
- Islamic Finance
Path Solutions, the global provider of software solutions and services for Islamic banks and financial institutions, announces thatAlrajih Islamic Bank for Investment and Financing (“Alrajih Islamic Bank”) has selected the multi-award winning Islamic core banking system iMAL ahead of ICS Financial Systems’ ICS BANKS ISLAMIC, to engage in banking activities in accordance with the provisions of Islamic law.
Chairman of Pilatus Bank gives a sobering speech concerning customer trust in the banking and fintech industries at Wealth 2.0 conference
- 7 years 11 months ago
- Banking
In banking and fintech, the most important commodity is "trust." Ali Sadr, Chairman of Pilatus Bank, believes that it is important to recognize where the banking industry stands relative to other industries on the trust scale.
Bahrain Middle East Bank Chooses Wolters Kluwer’s OneSumX for Finance
- 7 years 11 months ago
- Banking
Bahrain Middle East Bank (BMB) has chosen Wolters Kluwer’s OneSumX for Finance solution to provide the basis for its core banking and reporting system.
Avaya Successfully Completes Financial Restructuring and Emerges from Chapter 11
- 7 years 11 months ago
- Banking
China Merchants Bank (CMB) has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its regulatory reporting software for its operations in Luxembourg, following a competitive tender process.
Standard Chartered Bank and Ant Financial Sign MOU
Standard Chartered Bank (“SCB”), a leading international banking group with a strong presence in Asia, Africa and Middle East, and Ant Financial Services Group (“Ant Financial”), one of the world's leading digital financial services providers, today announced the signing of a Memorandum of Understanding (MOU). Under the terms of the MOU, Standard Chartered Bank willcombine its banking expertise and insights in emerging markets with Ant... more
Innovative European financing for Dutch software company CM.com
The European Investment Bank (EIB) has made available a EUR 10 million facility for software company CM.com, in the Netherlands, to speed up innovation and development of its messaging, payments, voice and digital security applications. The financing will be guaranteed under the European Fund for Strategic Investments (EFSI), part of the Investment Plan for Europe of the European Commission.
Business banking chief execs from Barclays, Santander and Tide discuss impacts of open banking
- 7 years 11 months ago
- Banking
In the context of open banking and PSD2 developing rapidly next year, and with new players changing the pace of innovation in a growing eco-system, getting a comprehensive business banking strategy is top of mind for many banking leaders. For the first time, Barclays, Santander, Tide and Starling Bank chief executives will join on a panel to discuss overcoming the complexity of changes in the market, in particular, open banking and new... more
Discover Launches Face ID Support
- 7 years 11 months ago
- Banking
Discover announced today that cardmembers and Discover Bank customers who own an iPhone X can take advantage of Face ID to sign in to the Discover Mobile app. The feature offers app users an intuitive and secure mobile log-in experience that requires no more than glancing at the device.
Banking Technology Names Temenos Best Core Banking System
- 7 years 11 months ago
- Banking
Temenos, the software specialist for banking and finance, today announces that its market-leading T24 Core Banking platform has received the Editor’s Choice award by Banking Technology, a leading source of news and analysis of the global fintech sector. The award is a testament to Temenos’ strategy to provide packaged, modular, upgradeable and open software, which enables banks to digitally transform their operations.
Nets and OpenWay Collaborate on Monetization of PSD2 and Open Banking
- 7 years 11 months ago
- Banking, Compliance
Nets, the Nordic digital payments specialist, and OpenWay Group, the leading digital payment software developer and vendor, today publish a white paper for stakeholders seeking to monetize from PSD2 and open banking.
