Al Masraf Selects Temenos’ Digital Banking Technology to Drive Growth and Innovation
- 7 years 10 months ago
- Banking
Temenos (SIX: TEMN), the software specialist for banking and finance, confirms that Arab Bank for Investment & Foreign Trade (Al Masraf) has selected its UniversalSuite, a front-to-back solution that enables banks to offer a user-optimized experience across channels and business lines.
Faisal Islamic Bank Signs Up for iMAL to Replace Legacy Core Banking System
- 7 years 10 months ago
- Banking
Faisal Islamic Bank, Sudan has announced that it has signed up with Path Solutions to deploy iMAL Islamic core banking system to replace the bank’s decentralized legacy system Pentabank from Financial & Banking Systems, across its 100 branches. The bank will also deploy Mobile and Internet Banking solutions as well as BI and Risk Management. The strategic technology deal will support Faisal Islamic Bank’s business across multiple verticals.
KBank and IBM Develop Blockchain-Based Letter of Guarantee Service
- 7 years 10 months ago
- Banking
IBM and KASIKORNBANK Public Company Limited (KBank), one of Thailand's largest banks, today announced the launch of a new enterprise Letter of Guarantee network based on IBM Blockchain. The new solution is designed to help simplify and expedite procedures for KBank's Letter of Guarantee process, with the goal of improving the customer experience, strengthening security and reducing costs for clients and the bank.
Monzo Apologizes for "Unacceptable" Outages
- 7 years 10 months ago
- Banking
I sent the following email to all Monzo cardholders: I’m writing to apologise for the recent card outages you’ve experienced over the last week.
A successful digital project could generate up to 41% of your corporate revenue by 2020
- 7 years 10 months ago
- Banking
Research by the Gartner Group reveals that digital technologies already generate nearly 20% of corporate revenues, and this could reach 41% by 2020. According to Sopra Banking Software every business and bank should be enthusiastic about implementing digital transformation, either to retain their place as leader, appeal to new customers, modernise their partners’ tools, or quite simply to adapt to key innovation.
Tochka Bank and Qiwi forge small busines partnership
- 7 years 10 months ago
- Banking
QIWI plc, announced that Tochka Bank (a small-business-focused arm of Otkritie Bank) and QIWI have agreed to partner in the small business sector.
Eleven banks develop trade finance app on R3’s Corda DLT platform
- 7 years 10 months ago
- Banking
Eleven banks have passed a major milestone in the digitisation of documentary trade finance.
UAE's Rakbank implements cardless ATM transactions with Samsung Pay
- 7 years 10 months ago
- Banking
RAKBANK, one of the leading banks in the United Arab Emirates (UAE), in partnership with Diebold Nixdorf, the leader in driving connected commerce, has launched Samsung Pay on their ATMs.
Gro Solutions Moves HQ to Midtown Atlanta
- 7 years 10 months ago
- Banking
Gro Solutions, a leading provider of digital growth solutions for banks and credit unions, announced it will relocate its headquarters from Johns Creek, Ga. to Midtown Atlanta’s Bank of America Plaza, the tallest building in the Southeastern United States, during the fourth quarter of 2017.
Commerzbank Processes First Live BPO Transaction in Austria
- 7 years 10 months ago
- Banking
Commerzbank has processed the first BPO transactions in Austria, covering the import of bus components from Germany and Italy.
Dubai Building Blocks to Blockchain Technology in the Banking Industry
- 7 years 10 months ago
- Blockchain, Banking
From finance to real estate to healthcare, blockchain technology is a major talking point in industry circles today. This prospective revolution of a technology is advantageous for your business and undeniably provides a competitive edge over others in your industry.
DBS and Xero launch API-driven bank data feed
- 7 years 10 months ago
- Banking
DBS, Asia’s leading SME bank[1] , and Xero, a leading global cloud accounting platform, have today launched an API-driven bank feed integration that will transform how mutual customers in Singapore manage their finances.
NCino Signs Up 100th Customer
- 7 years 10 months ago
- Banking
nCino, the worldwide leader in cloud banking, has announced that Pacific Western Bank, headquartered in Beverly Hills, Calif., is the 100th customer to go live with its Bank Operating System.
Fidor supports the first-of-its-kind Student Academy Programme in Singapore
- 7 years 10 months ago
- Banking, IT Innovations
The five local polytechnics have partnered with Fidor the leading digital banking group, to launch a FinTech education curriculum that costs close to S$800,000 (about €500,000) to develop and an additional yearly sum of about S$160,000 (€100,000) to run. This is the first time Fidor has introduced such a programme in the APAC region, with the aim to help boost Singapore’s growth as a FinTech Hub in this region.
Strategy Implementation well on Track - 500,000 Net New Customers Won
- 7 years 11 months ago
- Banking
Commerzbank is well on track with the implementation of its "Commerzbank 4.0" strategy and has further improved its Common Equity Tier 1 ratio. The Bank has already booked the whole of the announced restruc-turing charges in the second quarter and agreed a framework social plan and framework reconciliation of interests with the employee representative committees. At mid-year, the Bank has already gained a net 500,000 new customers in its Private... more
