Sovcombank Announces Support for TCFD Recommendations
- 3 years 5 months ago
- Banking
Sovcombank is the first Russian bank to support the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and of the Working Group on Climate-Related Financial Disclosures). The Bank is committed to applying the Working Group’s recommendations to make its ESG reporting even more transparent.
Banking Circle Improves Speed and Reduces Cost for Businesses Tapping Into Danish Market
B2B Payments bank, Banking Circle, has joined the Danish national intraday clearing system. Through Banking Circle as a direct clearing participant, Payments businesses and Banks can now pay out and collect payments locally in Denmark on behalf of their customers more quickly and at lower cost than via traditional cross border payment methods. This will enable e-commerce businesses around the world to tap into the growing Danish market.
PPS Powers Suits Me – the Personal Account for Everyone
- 3 years 5 months ago
- Money Transfers, Alternative Finance
PPS, an Edenred subsidiary and a one-stop-shop for prepaid and fintech programmes, today announces its partnership with alternative e-money provider for the financially excluded Suits Me, following its migration from Banking as a Service Provider, Contis.
ACI Worldwide Launches Network Intelligence Technology to Combat Real-Time Payments Fraud
- 3 years 5 months ago
- Payments, Banking, Fraud Detection
New technology enables banks and payment providers to share industry-wide fraud signals to leverage machine learning technology more effectively
Commerzbank Successfully Concludes Negotiations with Central Works Council on Implementation of Strategy 2024
- 3 years 5 months ago
- Banking
● Agreement reached on partial settlements of interests for divisions in Germany
CaixaBank Preps Tech Integration With Bankia
- 3 years 5 months ago
- Banking
CaixaBank's IT team is set for a fraught weekend as it begins its technological integration with recently-acquired Bankia, unifying the computer systems of both banks as well as the data stored on them. CaixaBank received the greenlight from regulators in March to buy state-owned lender Bankia for EUR4.3 billion, creating Spain's biggest domestic bank. Now, it is gearing up for the largest technological integration seen in the country's... more
Sovcombank Places USD 300 Million in Perpetual Eurobonds at 7.6%
- 3 years 5 months ago
- Banking
Sovcombank has placed an issue of perpetual subordinated Eurobonds in the amount of USD 300 million with an annual coupon of 7.6%. With strong demand for the Bank’s securities from Russian and foreign investors, the issue was three times oversubscribed. The Bank will use the proceeds to optimise its capital structure for further business growth.
SEBA Bank’s SEBAX® Wins “Best ETP of the Year” Award in Swiss ETF Awards 2022
- 3 years 5 months ago
- Banking
SEBA Crypto Asset Select Index (SEBAX®) delivers excellent performance and innovation in the crypto space which is honored by the public The “Best ETP of the Year” award recognises the SEBAX® Index as a leader in the multi-coin crypto space The SEBAX® Index is unique in that it combines the quality processes of a Swiss regulated bank with outstanding investment performance track record
As the World Opens Doors for Travel, Niyo and SBM Bank Launches the Upgraded Niyo Global Experience for the Passport Holders
- 3 years 5 months ago
- Digital banking, Banking
~A unique digital savings account complimented with international VISA Signature Debit Card, Zero Forex mark-up and attractive interest rate~
Lockdown Sees Fintechs Take Significant Market Share From Banks in Lending, With Open Finance Set to Level the Playing Field Further.
- 3 years 5 months ago
- Lending, Credit Cards, Banking
Data from ClearScore shows challengers and fintechs stealing share of lending market during Covid-19 pandemic ClearScore data suggests there are 9.3m credit customers ready to use open finance for their lending needs, 3.2m of whom are currently poorly served by the market Early adopters of open finance data-sharing are lower risk says ClearScore
NCR Predicts Banking Trends for 2022
- 3 years 5 months ago
- Banking
A combination of quickly shifting consumer preferences, the disruptive impact of technology and relentless pressures facing financial institutions have made the strategic use of automation and digitization more critical than ever before. From regulatory demands and disaster planning to widespread staffing shortages, banks and credit unions are being challenged to accomplish more with less resources while still delivering excellent customer... more
OTP Bank Selects Sambanova Systems to Build Europe’s Fastest Ai Supercomputer
- 3 years 5 months ago
- Artificial Intelligence, Banking
Strategic partnership positions OTP Group and the Ministry for Innovation and Technology (ITM) of Hungary as the European AI leader, enabling rapid transformation across the bank and the region for the next decade
Sber Presents Its New Supercomputer, Christofari Neo
- 3 years 5 months ago
- Banking, People Moves
Sber and its subsidiary SberCloud, a cloud service provider, have presented Russia’s all-new high-performance supercomputer Christofari Neo. Executive Vice President of Sberbank, CTO of Sber, and Head of Technology David Rafalovsky presented the supercomputer at the international conference AI Journey 2021.
Klarna Launches the Money Talks Card Game to Encourage Open Conversations Around Money
The Money Talks card game will combine questions around money habits with a fun twist to help break the stigma around money
SberCloud Presents ML Space Private Platform
SberCloud, a supplier of cloud services which forms part of the Sber ecosystem, has created a special hybrid version of its ML Space platform - ML Space Private. This was announced by David Rafalovsky, Sberbank Group CTO and Executive Vice President, at the international conference AI Journey 2021.
