IBM and Avaloq to build the “Swiss Banking Cloud”
- 6 years 11 months ago
- Banking, Online Banking, Cloud
IBM and Avaloq, a leading global provider of software as a service (SaaS) and business process as a service (BPaaS) solutions to banks and wealth managers, today announced an agreement to jointly build a private “Swiss Banking Cloud” and to transform Avaloq's IT service delivery model leveraging IBM’s Infrastructure as a Service (IaaS) offering. Under the long-term agreement, IBM will provide to Avaloq private cloud infrastructure services in... more
INTL FCStone Ltd’s Global Payments Division Introduces FXePrice – Web-Based Platform for Instant FX Trading
- 6 years 11 months ago
- Banking
INTL FCStone Inc. (NASDAQ: INTL) today announced that its London-based subsidiary, INTL FCStone Ltd’s Global Payments Division (“IFL” or “the Company”), has introduced FXePrice, a proprietary web-based platform allowing IFL local currency liquidity providers to streamline executable prices in 140 currencies and 175 countries. The Company has released the platform to select members of its global network of more than 300 correspondent banks, to... more
Divido launches first multinational B2B finance solution for point of sale
- 6 years 11 months ago
- Alternative Finance
Divido, the retail finance platform, is today extending its proposition to provide a B2B finance solution at the point of sale across Europe. In partnership with its panel of specialist business lenders, Divido’s platform now allows retailers to offer B2B finance to their business customers at the checkout to increase sales.
UniCredit partners with Meniga in biggest PFM deal in Europe
- 6 years 11 months ago
- Banking
UniCredit today announced that it has signed a strategic partnership with Meniga, the global leader in digital banking solutions. At the same time the Group has taken a minority stake in the company with a EUR 3.1 million investment through UniCredit EVO (Equity Venture Opportunities).
Finastra's New Platform Components Accelerate Innovation for 9,000 Banks and Give Fintechs Access to a Global Marketplace
- 6 years 11 months ago
- Banking, Infrastructure
Today, at Money 20/20 Europe, in Amsterdam, Netherlands, Finastra announced the availability of the three core components within its FusionFabric.cloud platform for open innovation. Combined, the components accelerate innovation for 9,000 banks and financial institutions and give Fintechs access to a global marketplace:
ICS Financial Systems Limited (ICSFS) to Participate at Oracle Cloud Summit for ISV Executives
- 6 years 11 months ago
- Banking
ICS Financial Systems Limited (ICSFS), a global software and services provider for banks and financial institutions and a Gold level member of Oracle PartnerNetwork (OPN), today announced it was invited by Oracle to participate and join the Partner Panel Discussion at Oracle Cloud Summit for ISV Executives, which was hosted in London on Wednesday April 18, 2018 at the Queen's House in Greenwich.
Citi Named First Corporate Bank to Enroll As Registered Third Party Payment Provider for Open Banking in the UK
- 6 years 11 months ago
- Banking
Citi has today announced that is has successfully enrolled as a Payment Initiation Service Provider (PISP) on the UK Open Banking Directory, becoming the first corporate bank to do so. Inclusion in the directory will allow Citi to begin piloting new payment and collection services for clients.
Token Enables Bank Direct Payments for Caxton FX Consumer and Business Customers
Empowers international FX leader to leverage open banking to offer a simple, fast and convenient way for customers to load their prepaid multi-currency cards. Turnkey open banking platform provider Token today announces that it is enabling Caxton FX to provide a bank direct payments facility to its consumer and business prepaid multi-currency card customers.
RS2 report says Open Banking requires 'Open Payments' platforms to meet needs of connected customers
- 6 years 11 months ago
- Banking
A report published today by payments processor RS2warns that the payment industry must consolidate omnichannel payments, card payments, and direct-from-bank Open Banking payments into new ‘Open Payments’ platforms to meet the demands of connected customers and the retailers serving them.
SberTech will rate projects at Startup Village
Sberbank Technology has become a partner of Startup Village – Russia’s largest start-up conference for tech entrepreneurs.
Starling creates Google Play in-app
- 6 years 11 months ago
- Banking
Starling Bank, the leading mobile-only bank recently voted Britain’s Best Bank 2018, today brings its customers an enhancement to Google Pay, the fast, simple way to pay in millions of places - online, in stores - and more.
JCB expands to Russia
- 6 years 11 months ago
- Banking
JSC Russian Agriculture Bank ("RSHB") and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., are pleased to announce the launch of JCB card acceptance on the RSHB ATM and POS terminal network.
Revolut announces an app store for business banking - Connect
- 6 years 11 months ago
- Banking
Revolut strives to create a radically better banking experience for individuals and businesses alike. Revolut App has seen the addition of many new and exciting features over the last few months - and today we’re extremely proud to update our business users on one of our best-kept secrets yet! Revolut Connect is the easiest and fastest way to connect your Revolut for Business account to the tools and apps you use everyday.
RBS and Lloyd’s £5.5 billion investment in digital must avoid TSB nightmare
- 6 years 11 months ago
- Banking
Big banks are ramping up investment in digital services, as RBS announces a £ 2.5 billion investment and Lloyd’s announces an investment of £ 3 billion. However, with TSB still reeling from its IT meltdown, banks must understand the complexities of their existing infrastructure, before they can transition to a more modern IT system, warns Nick Hammond, Lead Advisor for Financial Services at World Wide Technology.
Natixis joins Marco Polo, the Trade Finance Network powered by Blockchain Technology
- 6 years 11 months ago
- Blockchain, Banking
As part of its ongoing efforts to offer next- generation trade finance solutions to its clients, Natixis has announced that it has joined
