Meniga to expand UK product offering beyond financial services with a new FCA licence
- 6 years 3 weeks ago
- Banking
Meniga (www.meniga.com), the global leader in digital banking solutions today announces that it has been successfully registered as an Account Information Service Provider by the Financial Conduct Authority (FCA) in the UK. This underlines Meniga’s credentials as leading experts in Open Banking, enabling it to expand its product offer to customers beyond the financial services sector.
Ralph Hamers to leave ING to become CEO of UBS
- 6 years 3 weeks ago
- Banking, People Moves
Ralph Hamers, CEO of ING, will step down from his position and leave ING as of 30 June 2020. After 29 years at ING he will join UBS on 1 September 2020 and will become Group Chief Executive Officer per 1 November 2020. Over the past six years Ralph Hamers has transformed ING into a leading digital bank, on the way to become the go-to financial platform for our customers. He created value for all stakeholders and played a leading role in driving... more
Finastra brings its Fusion Phoenix core to the cloud
- 6 years 3 weeks ago
- Core Banking, Cloud
Finastra has brought its core banking platform, Fusion Phoenix, to the cloud, with Commerce National Bank & Trust of Winter Park, Florida, and Commencement Bank of Tacoma, Washington being the first US banks to access the core solution via public cloud.
Washington Trust Bank Expands Partnership to Baker Hill NextGen
- 6 years 3 weeks 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
- 6 years 3 weeks 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
- 6 years 3 weeks 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
- 6 years 3 weeks 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
- 6 years 3 weeks 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
- 6 years 3 weeks 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
- 6 years 3 weeks 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
- 6 years 4 weeks 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
- 6 years 4 weeks 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
- 6 years 4 weeks 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
- 6 years 1 month 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
