RBS to cut 162 branches and 792 jobs
- 7 years 1 month ago
- Banking
Royal Bank of Scotland has announced it is closing 162 branches across England and Wales. The bank said that 792 jobs would go as a result and staff would be offered voluntary redundancy. RBS branches in England and Wales, and the NatWest business in Scotland, had been earmarked for a new "challenger bank" under the name Williams & Glyn. However, that project is now not going ahead and the bank has reviewed its branch network. Some 109... more
85 Percent of Banks expect Real-Time Payments to Drive Revenue Growth
The expansion of real-time schemes globally is driving a marked change in attitudes among financial institutions, with 85 percent of banks globally now viewing instant payments as the foundation for growth and new product enhancements, according to the “2018 Global Payments Insight Survey: Retail Banking,” from ACI Worldwide
Banking Revolution Sets Its Sights On Bristol
- 7 years 1 month ago
- Banking
Metro Bank, the revolution in British banking, is set to open a new store in central Bristol this autumn, creating around 25 new jobs for local people. The seven-day-a-week store will combine face-to-face relationship banking with state-of-the-art technology, providing residents and businesses with a customer-focused and convenient banking experience.
ABT, M-Ticketing, EMV: The Top Trends in Transport Ticketing
Traveller expectations are at an all-time high. In the age of on-demand, mobile services and the convenience of ‘tap-and-go’ M-Ticketing technology, the public transport industry is under increasing pressure to deliver the same, high-quality interoperable experience with its ticketing solutions. ABT, M-Ticketing, EMV: the top trends in transport ticketing
Finastra a top global player for banking platform deals
- 7 years 1 month ago
- Banking, Infrastructure
Finastra landed more global banking deals than any other provider in 2017, as outlined in a recent report by Forrester: True Digital Banking Drives Interest In Core Banking (Global Banking Platform Deals Survey 2017). The benchmark survey recognizes 363 combined sales for Finastra, more than double the next highest.
Nymbus Introduces Full-Service Digital Brand Alternative For Financial Institutions
- 7 years 1 month ago
- Payments, Banking, Accounting
NYMBUS®, the world’s most advanced revenue and technology solutions company, today introduced SmartLaunch. The company’s latest solution enables financial institutions to stand up a turnkey digital brand under their existing charter in as few as 90 days. Built on NYMBUS’ modern SmartCore® platform, this new model eliminates the need to undergo a conversion or hire additional staff.
Citizens Bank Taps Finastra and Infosys for Trade Finance Solution
- 7 years 1 month ago
- Trade Finance, Banking
Citizens Bank, working with Infosys as its implementation partner, has selected Finastra to power the trade finance solution it offers to its corporate clients. This new capability will enable Citizens’ corporate clients to digitize traditionally paper-based trade processes, leading to increased efficiencies and reduced costs.
Hyosung America Launches New Micro ATM
- 7 years 1 month ago
- Banking
Hyosung, the largest and fastest growing ATM provider in the United States, is proud to announce the release of the 8100 QTN, a micro ATM, and the latest in Hyosung's inventive line of ATM products and services.
Apple Bank Taps Continuity for Compliance Management
- 7 years 1 month ago
- Banking, Compliance
Continuity, a leading provider of automated compliance management technology for financial institutions, announced today that Apple Bank, the second-largest state chartered savings bank in New York State with $12.8 billion in assets and 79 branches in greater New York, has selected Continuity’s RegAdvisor®Pro, RegControls™ and ControlsBuilder™ to help manage and address its compliance management needs.
Finastra’s Fusion LenderComm is now live, based on blockchain architecture
- 7 years 1 month ago
- Blockchain, Banking
Finastra today announced that its award-winning1 blockchain-based solution, Fusion LenderComm, is now commercially available, as an app on R3’s Corda platform, for financial institutions operating in the syndicated lending market. The launch was announced today at the LSTA Operations Conference in New York.
Huawei and Ecosystem Partners Hold the Global FSI Summit in Beijing
- 7 years 1 month ago
- Banking
The concept of digital banking is being implemented globally. Leaders of the global banking industry are thinking about how to implement digital transformation in essence. Today, Huawei held the Global Financial Services Industry (FSI)
Avoka Congratulates HSBC as it wins Celent’s Model Bank Award
- 7 years 1 month ago
- Banking
Avoka was proud to join its customer HSBC Commercial Banking Group at Celent’s Innovation & Insight Day on April 24 as HSBC accepted its award for Model Bank for Commercial Account Onboarding. The win is based upon the digital transformation achieved by HSBC partnering with Avoka, the global leader in customer acquisition software for banking.
Arena International Announces the Upcoming Private Banker International Greater China Awards Luncheon 2018
- 7 years 1 month ago
- Banking
Celebrating best-in-class institutions shaping the private banking industry in North Asia Friday 1st June 2018, Hong Kong Private Banker International Greater China Awards Luncheon is in its 10th year for 2018 and is being hosted by the renowned publication ‘Private Banker International’ (PBI). PBI is an editorially independent briefing service aimed at banks, financial services companies, related intermediaries and technology vendors in the... more
Saxo Bank and Microsoft Partner to Shape the Future of Cloud Services in the Financial Industry
- 7 years 1 month ago
- Banking
Microsoft and Saxo Bank announced a strategic partnership with the aim of running Saxo Bank’s entire technology stack on the Microsoft Cloud. Financial services are at a transformational tipping point. It is key for financial organizations to harness data and cloud services as a strategic asset, shifting from hindsight to foresight closely hinged on security, privacy and regulatory compliance. With the partnership, Saxo Bank aims to be at the... more
Avaloq’s BPaaS Solution Chosen by Intesa Sanpaolo Private Bank Suisse
- 7 years 1 month ago
- Banking
Avaloq’s Business Process as a Service (BPaaS) solution has been selected by Intesa Sanpaolo Private Banking Suisse to fast-track the integration of legacy systems and new client assets and position the bank for growth. Using Avaloq’s innovative ready-for-business approach, the implementation significantly reduced costs and time-to-market for the bank.
