Squirro Research Reveals Banks Believe Artificial Intelligence Can Have a Significant and Positive Impact on Their Business
- 7 years 1 month ago
- Artificial Intelligence, Banking
The use of artificial intelligence (AI) and machine learning (ML) in financial services (FS) is on the rise, with 83% of banks having evaluated AI & ML solutions, and 67% having actively deployed them, according to a new study out today.
Digital Transformation Within the Financial Services is Being Held Back by Legacy Technology, Warns TmaxSoft
- 7 years 1 month ago
- Banking
To keep pace with the spectacular growth exhibited by the fintech industry, traditional financial institutions must move away from old legacy technology systems and adopt more agile, flexible IT services. This is according to the multinational software innovator, TmaxSoft, which believes this migration is needed to respond to changing consumer habits in real time and offer more personalised customer service.
Spotcap Welcomes Applications for Fintech Fellowship to Address Skills Gap
- 7 years 2 months ago
- Banking, Wholesale Banking, IT Innovations
Online lender Spotcap today opened the Fintech Fellowship to applicants. The programme offers an £8k award to a postgraduate student studying a fintech related course at a UK university. Applications will be open for four months and close on the 1 August 2018.
Open Banking Ends Managed Roll Out
- 7 years 2 months ago
- Banking, Infrastructure
The Open Banking Implementation Entity (the ‘OBIE’), the body created by the UK’s largest personal and small business current account providers to create a better way to move, manage and make more of your money, announces that regulated companies are now able to offer new Open Banking services to consumers and businesses. Since launch on 13 January 2018, the OBIE has operated a ‘Managed Roll Out’ programme designed to prove that this critical... more
Avoka Releases 2018 State of Digital Sales in Banking Report
- 7 years 2 months ago
- Banking
Avoka, the global leader in customer acquisition journeys in banking, today unveiled the findings of its 2018 State of Digital Sales in Banking Report. The report, now in its third year, compares the digital account opening capabilities of 50 of the largest banks in North America, Europe, and Australia, measuring both the breadth of their offerings and the quality of their customer experience.
Double Global Banking & Finance Review honors for Path Solutions and Group Chairman & CEO Mohammed Kateeb
- 7 years 2 months ago
- Islamic Finance
Path Solutions, the global leader in Sharia-based technologies to the Islamic financial services industry, announced today that the company and its Group Chairman & CEO, Mohammed Kateeb, have been awarded this year’s ‘Best Islamic Banking Technology Provider EMEA’ and ‘Best Islamic Finance Technology CEO EMEA’ respectively by Global Banking & Finance Review.
Research finds that Open Banking has a Consumer Perception Problem
- 7 years 2 months ago
- Banking
Research by CREALOGIX Group, provider of mobile banking solutions, has revealed that 46 per cent of the consumers are concerned about the security implications of Open Banking, including identity theft and data breaches. When asked whether they thought Open Banking was a good idea, 69 per cent said no, with security being their primary concern. Those that thought it was a good idea said they believed it would help them budget better, switch... more
PrePay Solutions partners with Countingup to provide straightforward business banking
- 7 years 2 months ago
- Payments, Banking, Infrastructure
PrePay Solutions (PPS), Europe’s leading prepaid and digital banking services provider, has partnered with challenger bank Countingup to provide business accounting and banking together in one place.
H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan inaugurates Seamless Middle East 2018
- 7 years 2 months ago
- Payments, Banking, Infrastructure
The 19th edition Seamless Middle East 2018, the Middle East's most dynamic summit and large-scale exhibition bringing together the converging worlds of commerce, fintech, retail and payments, officially opened today at Dubai International Convention Centre.
Investing app Stash Selects Green Dot for New Banking Services
- 7 years 2 months ago
- Banking
Stash, the financial services platform that's revolutionizing saving and investing, today announced its partnership with Green Dot Corporation and its subsidiary bank, Green Dot Bank, Member FDIC, to launch mobile-first banking services to help millions of Americans reach their dreams of financial security and prosperity.
Sigma Designs Ships 100 Millionth Z-Wave Chipset Module
- 7 years 2 months ago
- Cryptocurrencies, Banking
Sigma Designs, a leading provider of intelligent system-on-chip (SoC) solutions for connected smart home IoT, is proud to announce a cumulative lifetime 100M Z-Wave modules have shipped into the smart home market. With hundreds of customers shipping over 2,400 interoperable Z-Wave devices, Sigma Designs is pleased to highlight that the recipient of the 100 millionth module was the smart home service provider and long-time customer of Sigma... more
Fidor and IFC Partner to Expand Digital Financial Inclusion in Developing Markets
- 7 years 2 months ago
- Banking
Fidor, an innovative provider of digital banking services, today signed a Memorandum of Understanding (MOU) with IFC (International Finance Corporation), a member of the World Bank Group, to identify opportunities to expand digital banking services in Africa and Latin America to boost financial inclusion.
Finitive Launches Alternative Lending Investment Platform With $1.3 Billion Of Initial Transaction Volume
- 7 years 2 months ago
- Alternative Finance
Finitive LLC (www.finitive.com), a financial technology platform providing institutional investors with direct access to alternative lending investments, announced today the launch of its zero-fee platform. Finitive, which commenced operations in August 2017, has received commitments for transactions with an aggregate capacity of $1.3 billion. Several asset managers and banks have committed capital for transactions in the consumer, renewable... more
Ecobank Group Partners with MTN to Deepen Financial Inclusion Across Africa
- 7 years 2 months ago
- Banking
MTN has announced a collaboration with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI) (www.Ecobank.com), enabling both companies to leverage each other’s assets that will ultimately offer more value to their respective customers across the continent.
Alpine Bank Chooses Avoka to Offer Customers Outstanding Digital Experiences when Opening New Accounts
- 7 years 2 months ago
- Banking
Avoka, the leader in digital customer journeys in banking, today announced that Alpine Bank has chosen Avoka Transact as their platform to build a customized account-opening experience, taking a digital leap forward to exceed customer expectations delivered across the bank’s mobile channel.
