Temenos Awarded the Highest Status in Aite’s Matrix Evaluation of Investment and Fund Accounting Systems
- 5 years 1 week ago
- Banking, Accounting
Temenos (SIX: TEMN), the banking software company, today announced that the Temenos Multifonds Global Accounting product has been awarded ‘best in class’ status in Aite Group’s Matrix Evaluation of Investment and Fund Accounting Systems.
British Business Bank Announces Nine New Lenders Under the Coronavirus Business Interruption Loan Scheme
Today the British Business Bank has announced that it has approved nine new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), bringing the total number of CBILS lenders to over 60. New lenders Assetz Capital, Atom bank, Ebury, Fleximize, Investec, Social Investment Business, Tower Leasing, Ultimate Finance and White Oak UK, will be able to provide financial support to smaller businesses across the UK that... more
Leading Bank in the Dominican Republic Selects Temenos to Power Its Digital Transformation
- 5 years 1 week ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that BHD Leon has chosen to implement Temenos Transact, the next generation core banking product, as part of its digital transformation program. The implementation will be conducted in two phases, migrating business lines across retail, SME, corporate and wealth management sectors from a legacy system to Temenos’ cloud-native, API-first microservices-based platform.
Atom Bank Continues to Support Businesses Through Coronavirus Business Interruption Loan Scheme (CBILS)
Atom, the UK’s number one rated bank on Trustpilot, has today announced that it has been approved for accreditation as a new lender by the British Business Bank to offer secured loans through the Government-backed Coronavirus Business Interruption Lending Scheme (CBILS). Atom will be offering eligible businesses secured loans from £100,000 up to £5m through the 200+ independent brokers that are registered to work with Atom.
Nordic Fintechs Rocker and Enfuce Team Up to Enable Cutting-Edge Neobank Build-Up
- 5 years 1 week ago
- Banking
Rocker, the Swedish neobanking pioneer, has selected Enfuce– Finland’s largest fintech startup – as partner for card issuing and payment processing. The collaboration enables Rocker to issue VISA prepaid cards easily and securely.
Latest Digital Collaboration Hub From Finantix Drives Richer Advisor-Client Communication – Selected by Banco Itaú International
- 5 years 1 week ago
- Wealth Management, Banking
Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today launched its latest Digital Collaboration Hub which allows financial institutions to activate a collaboration channel within weeks.
Masthaven Appoints New CEO
- 5 years 1 week ago
- Banking, People Moves
Masthaven Bank has made changes to its senior leadership team with the appointment of Leigh Bartlett as Chief Executive Officer (CEO). Jon Hall will continue in his current role as CCO and Deputy CEO whilst Andrew Bloom, Masthaven’s founder, has stepped back from being CEO but will continue to remain on the Board as Non-Executive Director.
HDBank Joins Contour Network to Improve Letters of Credit Issuance
- 5 years 1 week ago
- Banking
HDBank, the Vietnamese-based financial institution, has today joined Contour, the open trade finance network, to increase its ability to extend trade financing to more corporates. This addition to Contour's blockchain-based network further strengthens its offering to the trade finance industry.
MEA Retail Banks Strongly Believe in a Cashless Society According to Temenos Research
- 5 years 1 week ago
- Payments, Online Banking
Banks in the Middle East and Africa (MEA) are the strongest believers in a cashless society, according to a global retail banking survey released by Temenos (SIX: TEMN), the banking software company. The in-depth survey conducted in 2019 by the Economist Intelligence Unit (EIU) on behalf of Temenos reveals that 6 in 10 Middle East and African banking executives think cash will dip below 5% of retail transactions in the next five years, compared... more
Genome is Waiving Service Fees for All Low-Risk Businesses as a Support Act During the COVID-19 Pandemic
- 5 years 1 week ago
- Covid-19, e-Payments, Money Transfers, Banking
Genome is an Electronic Money Institution, licensed by the National Bank of Lithuania, founded in 2018. Specializes in online financial services for personal and business needs: the opening of business, settlement and merchant accounts with dedicated IBAN’s, providing SEPA and SWIFT transfers with a possibility to do currency exchange and also payment processing via credit cards and all other alternative payment methods. The fintech company has... more
Video Banking Helps to Maintain Financial Services Provision During COVID-19
Remote tellers broaden customer banking options RBR’s Teller Automation and Branch Transformation 2019 report reveals that video banking technology is increasingly being adopted to extend banking services both within and beyond the branch. The study, which covers 23 key global markets, shows that the uptake of video teller machines is rising, as institutions seek to boost customer access and cut costs.
N26 Raises More Than $100M in Extension of Its Series D Funding
- 5 years 1 week ago
- Banking, Mobile Banking
N26 has today announced an extension of its Series D funding round to $570M, with a further increase of more than $100M coming from all of the company’s major investors. To date, N26 has raised close to $800M, keeping its valuation at $3.5B. N26 is today one of the highest valued and most well-funded FinTech companies globally.
Form3 and Barclays Enable Access to the SEPA Instant Payment Scheme for FinTechs, With Ebury as the Launch Client
Form3, the leading cloud-native, payment technology provider, and Barclays, a leading provider of financial services to regulated payment institutions, have announced a combined directly connected access solution to the SEPA Instant payment scheme with Ebury as launch client.
Avaloq Provides BPI With SaaS Solution to Improve Business Efficiency
- 5 years 1 week ago
- Asset Management, Investment Management, Banking, Cloud, SaaS
Avaloq is enabling the Bank of the Philippine Islands (BPI), one of the Philippines’ biggest banks in terms of capitalization, with its Software as a Service (SaaS) solution to help improve customer experience and boost the efficiency of five business units and subsidiaries.
LeanDev Rebrands as Vilja
- 5 years 1 week ago
- Open Banking, Core Banking, Cloud
For years, LeanDev has achieved great success with their cloud-based platform for banks and credit institutions. It has helped customers like Visma Finans, SevenDay Bank, OPR Finance and Erik Penser Bank, to quickly and easily launch new products and services. As the company expands outside the Nordic region, LeanDev is changing its name to Vilja. The purpose is to streamline the business and clarify the message that Vilja delivers the best... more
