Bank of Palestine Launches its First Overseas Office in Dubai
- 10 years 4 months ago
- Banking
Bank of Palestine, the largest financial institution in Palestine, has set up its first international representative office worldwide at the Dubai International Financial Centre (DIFC), the global financial hub connecting businesses and institutions with emerging market opportunities across the Middle East, Africa and South Asia (MEASA).
Misys Receives Double Award at The Asian Banker Risk Management Awards 2016
- 10 years 4 months ago
- Banking, Risk Management, Infrastructure
Misys scooped two award wins alongside Bank of Beijing and Vietnam Technological & Commercial Joint Stock Bank (Techcombank). The accolades mark separate transformation projects in the Asia Pacific region.
Bank ABC Benefits from Nasdaq BWise GRC Platform
- 10 years 4 months ago
- Security and Compliance, Banking
Nasdaq BWise selected by Bank ABC, an international bank headquartered in Bahrain, to support and further enhance their risk management, compliance and internal audit processes as well as reporting. By implementing the BWise integrated GRC platform, Bank ABC will reduce the burden and costs of compliance, gain control over their key organizational risks and streamline their audit processes. The BWise integrated GRC platform will enable Bank ABC... more
Greek Companies to Get Support from Alpha Bank, Eurobank and KKR
- 10 years 4 months ago
- Trading Systems, Banking, Infrastructure
Alpha Bank, Eurobank and KKR Credit have reached a binding agreement today by which the banks agree to assign the management of credit and equity exposures to a selected number of Greek companies into a platform managed by Pillarstone. Subject to final Board approval, the European Bank for Reconstruction and Development (EBRD) is considering co-investing in partnership with KKR and the banks.
Sibos 2016 Geneva Will be Opened by Chairman of the Swiss National Bank
- 10 years 4 months ago
- Banking, FinTech StartUps, IT Innovations, Infrastructure
Sibos announces that Thomas J. Jordan, Chairman of the Governing Board of the Swiss National Bank, the central bank of Switzerland, will give the opening address at Sibos 2016 in Geneva.
First Bank Strengthens its Midwest Leadership Team with New Hire
- 10 years 4 months ago
- Banking, People Moves
First Bank announces that Rick Sems has been appointed Regional President for the Midwest. Sems is joining First Bank from Reliance Bank, where he served as President and CEO, leading the bank to record profits. He brings a background in strategic planning and a proven record of accomplishment in both a large bank and community banking environment.
Path Solutions Strengthens Position in Islamic Banking With New Award
- 10 years 4 months ago
- Banking, Islamic Finance
Path Solutions has been voted ‘Islamic Banking Solution Provider of the Year' at the 2016 edition of Beacon of ICT (BoICT) Awards held on April 23rd at the prestigious Eko Hotels and Suites in Lagos, Nigeria.
Avuba and Raphaels Bank Team Up On Alternative Payments Technologies
- 10 years 4 months ago
- Payments, e-Payments, Money Transfers, Banking, Mobile Banking, Alternative Finance
Demonstrating its growing reputation for delivering pan-European innovative payment solutions, Raphaels Bank Payment Services, has signed a partnership deal with European start-up Avuba. The new deal will see Raphaels Bank, a market player in the emerging payments market, support the launch of an alternative payment account from Avuba for consumers in Europe.
Lennox International Takes Part in Wells Fargo Conference
- 10 years 4 months ago
- Banking, Infrastructure
Lennox International announced that CFO Joe Reitmeier is scheduled to present at the Wells Fargo Securities Industrial and Construction Conference in New York City on Tuesday, May 10. A live webcast beginning at 8:35 a.m. Eastern time can be accessed on the company's website at www.lennoxinternational.com.
Market Gravity Helps UK Banks on Customer-Design-Driven Banking Service
- 10 years 4 months ago
- Banking, Consultancy, Infrastructure
Clydesdale Bank and Yorkshire Bank have teamed up with proposition design consultancy Market Gravity to design and launch a pioneering new smart digital banking service – B.
ING Expands Latin America Presence with New Hire in Colombia
- 10 years 4 months ago
- Banking, People Moves
ING Americas announced today an expansion of services into Colombia with the appointment of Andrea Puerto as its Country Representative along with the establishment of ING Capital Colombia SAS. Puerto will lead the growth of ING’s local presence and client relations in the country with a focus on Structured Finance and Sector Based Finance. Andrea Puerto will be based in Bogotá and will be reporting directly to Rudolf Molkenboer, CEO of ING... more
Gartner Predicts Huge Demand for Digital Banking
- 10 years 4 months ago
- Banking
Emerging and Startup Digital Banking Platform Technologies Key to Success of Digital Initiatives Banks face intense pressure to increase efficiencies and reduce costs while delivering next-generation digital services; however, incumbent application vendors have been slow to respond to new requirements, according to a new report from Gartner, Inc. Gartner predicts that by the end of 2019, 25 percent of retail banks will use startup providers to... more
Danske Bank Implements SmartDX
- 10 years 4 months ago
- Banking, Infrastructure
SmartDX, from the Smart Communications division of Thunderhead announced that Danske Bank, the largest bank in Denmark and a major retail bank in the northern European region, with over 3.5 million customers, has selected SmartDX to manage their derivative trade confirmation processing. SmartDX is the industry standard for automating trade and relationship document generation and negotiation in the Capital Markets.
Fiserv and AFS Help Financial Institutions with Commercial Lending Capabilities
- 10 years 4 months ago
- Banking, Alternative Finance
Fiserv announced a partnership that will bring the industry-leading commercial lending capabilities of Automated Financial Systems, Inc. (AFS) to Fiserv bank core account processing clients. The integration of AFSVision® with account processing platforms from Fiserv will enable clients to efficiently expand their lending services to support complex commercial lending demands.
European Investment Bank Helps UCL with New Investment Boost
- 10 years 4 months ago
- Investment Management, Banking
UCL (University College London) has agreed a £280 million loan with the European Investment Bank to develop its Bloomsbury and UCL East campuses, the largest sum ever lent by the bank to a university. The 30-year loan will provide funding for UCL’s Bloomsbury campus in central London which is undergoing an ambitious programme to upgrade and expand its historic buildings as well as finance for the building of UCL East, the university’s new site ... more
