Washington Trust Bank Expands Partnership to Baker Hill NextGen
- 5 years 2 months ago
- Investment Management, Risk Management, Alternative Finance
Baker Hill, the leading financial technology provider in delivering solutions for common loan origination, risk and relationship management, CECL, and smart data analytics, today announces a renewed partnership with Washington Trust Bank. Washington Trust Bank will be migrating to Baker Hill NextGen®, Baker Hill’s unified solution that streamlines loan origination and portfolio risk management for commercial, small business and consumer lending.
EIB Group and Commerzbank join forces for additional lending to SMEs and Mid-Caps
- 5 years 2 months ago
- Banking
The EIB Group, consisting of the European Investment Bank (EIB) and the European Investment Fund (EIF), has provided a mezzanine tranche guarantee of around EUR 100m to Commerzbank AG on a EUR 1.500m granular portfolio of loans to SMEs and Mid-Caps originated by Commerzbank in its ordinary business. The guarantee will release regulatory capital for Commerzbank and will enable Commerzbank to provide further lending of up to EUR 400m to innovative... more
BIS appoints Innovation Hub heads in Singapore and Switzerland
- 5 years 2 months ago
- Banking
The Bank for International Settlements (BIS) today announced two key appointments to the BIS Innovation Hub, a new initiative designed to support central bank collaboration on new financial technology.
Temenos to Host Temenos SCALE, the Global Developer Conference for the Banking Industry, on April 27 – 28 in Madrid
- 5 years 2 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, invites developers to attend Temenos SCALE, the global developer conference for the banking industry, taking place April 27 – 28 in Madrid, Spain.
Israel Discount Bank Implements Integral BankFX Workflow Automation & Trading Technology
- 5 years 2 months ago
- Banking
Israel Discount Bank announced today that it has partnered with Integral to deploy new eFX workflow automation and trading technology to drive business growth.
Opel Bank in Germany Becomes First European Bank to Choose FIS Modern Banking Platform
- 5 years 2 months ago
- Banking
FIS™(NYSE: FIS) announced today that Opel Bank in Germany has chosen its next-generation core banking system, FIS Modern Banking Platform, to power its online bank. Opel Bank is the first European-based bank to choose the new platform since its introduction in January.
Standard Chartered commits USD75bn toward Sustainable Development Goals
- 5 years 2 months ago
- Banking
Standard Chartered today announced business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, the Bank commits to:
National Bank of Yemen Announces Successful Go-Live of ICS BANKS Universal Banking Software from ICSFS
- 5 years 2 months ago
- Banking, Islamic Finance
National Bank of Yemen (NBY), one of the largest commercial banks and a prominent contributor to the economic and social development in Yemen; has gone live with ICS BANKS Universal Banking Software from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to grow its operations domestically and internationally.
UK digital bank Monzo plans to hire 500 and relaunch paid accounts
- 5 years 2 months ago
- Banking
Fast-growing British digital bank Monzo plans to hire up to 500 people and forecasts it will get 5.5 million users this year, as it prepares to have another crack at charging some customers to turn a profit. The loss-making firm has burned through cash to fuel growth and launch in the United States, but has had no problems raising capital and is valued at over 2 billion pounds ($2.6 billion). Launched in 2015, Monzo has attracted 3.8 million... more
Mobey Forum: Banks’ Big Opportunity in Digital ID Won’t Last Forever
- 5 years 2 months ago
- Digital Identity, Banking
Despite banks playing a fundamental enabling role in the development of national digital ID schemes to date, their uniquely strong position in the field is under increasing threat from web giants and other globally networked firms. This is the view expressed by Mobey Forum’s Digital ID Expert Group in a new research report launched today.
RBS full year results from co-creators of Tyl by NatWest
- 5 years 3 months ago
- Banking
In today’s full year results released by RBS, CEO Alison Rose commented on the success of the move back into merchant acquisition through Tyl by NatWest, as part of RBS's overall vision to help businesses and communities thrive. She highlighted “positive customer advocacy, over 1 million transactions processed and over 1,000 merchants onboarded.” Rose stated “We are very proud of our re-entry into merchant acquiring via our new proposition, Tyl... more
Belgian Banking Joint Venture JoFiCo Chooses Diebold Nixdorf As Its Sole Partner In Comprehensive ATM As A Service Agreement
Diebold Nixdorf, a global leader in driving connected commerce for the banking and retail industries, announced today it signed an ATM as a Service agreement with JoFiCo, a joint venture created
SIA, Swedbank and TietoEVRY Partner to Enable Instant Payments and Access to the New Eurosystem Services
Swedbank, the major bank in the home markets of Sweden, Estonia, Latvia and Lithuania, has selected SIA, the leading European hi-tech company in the payment services and infrastructures sector, to enable instant payments through RT1, EBA Clearing’s pan- European system with the real-time payments platform of TietoEVRY, a leading digital services and software company.
Bank Indonesia Adopts Refinitiv Auctions for Domestic NDFs
- 5 years 3 months ago
- Banking
Bank Indonesia (BI) has adopted Refinitiv Auctions for Domestic Non-deliverable Forwards (NDFs), as Central Banks increasingly rely on electronic tools to ensure their markets function in an orderly, efficient manner. Refinitiv Auctions is an innovative platform that combines a trading venue, real-time view of bid submissions, market surveillance and processing capabilities.
Amaiz and ValidSoft Agree Partnership
- 5 years 3 months ago
- Banking
Amaiz, the banking and bookkeeping service for small businesses owners, has announced its partnership with ValidSoft, the company at the leading edge of voice biometric technology, a solution that secures all transaction channels. The partnership will enable Amaiz to offer next generation voice biometric security.