Mobile Banking Increases Despite Home Lockdowns
- 4 years 1 month ago
- Banking
Over the course of the last 12 months, online banking usage among first direct customers has declined 21% compared to mobile banking. While nearly 98% of all transactions made by first direct customers are digital, nearly five times more transfers and payments now take place using the app (82% of payments) compared to online banking (18%). And over 87% of balance enquiries are now made using the fd app, as opposed to 13% through online banking.
NEO Finance Founder: P2P Platforms Are Now Actively Competing for Borrowers With Banks
In a recent interview with
Cecabank Chooses Broadridge to Provide Automated Proxy Voting Service
- 4 years 1 month ago
- Banking
To broaden its services related to new mandatory obligations under the updated Shareholder Rights Directive (SRD II) Cecabank S.A., one of the largest global custodian banks in Spain, has selected Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, to provide them with Broadridge’s leading global proxy voting solution.
Cynergy Bank Implements nCino to Provide an Omnichannel and Agile Customer Experience
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that specialist banking provider Cynergy Bank has adopted the nCino Bank Operating System to support its SME lending processes, following a suc
Wolters Kluwer FRR and Risk.net Survey Identifies Risktech Innovation as Key to Banks’ Competitive Edge
- 4 years 1 month ago
- Banking, Risk Management
More than 80% of risk professionals view risk technology (risktech) innovation as imperative to their banks’ competitive edge, with tech spend being directed towards effectiveness rather than cost reduction.
Over 60’s Turning to Digital Banking Up by 90% During Pandemic
More than 90% of people aged over 60 have used online banking for the first time during the Covid-19 pandemic, according to a poll by iResearch Services, highlighting the importance of banks getting digital right in 2021. In comparison, 17% of people aged under 30 said they were accessing services via an app or web browser for the first time.
Meniga Partners with UniCredit to Launch Enhanced Version of the “mobilna Banka Go!” App in Slovenia
- 4 years 1 month ago
- Banking
Meniga (www.meniga.com), a leading provider of digital banking technology, has partnered with global banking and financial services company, UniCredit, to launch an enhanced version of the “Mobilna Banka Go!” in Slovenia.
Temenos Hits Milestone of 60 Challenger Bank Clients, Confirming Status as Technology Provider of Choice
- 4 years 1 month ago
- Banking
Temenos (SIX: TEMN), the banking software company, announced that it has exceeded 60 challenger bank clients confirming its status as the technology provider of choice for this growing segment. With the rich functionality of Temenos’ integrated front-to-back SaaS offering, challenger banks can launch rapidly, scale fast, provide differentiated services to customers and grow profitably.
CaixaBank's imagin Reaches 3 Million Users
- 4 years 1 month ago
- Banking
imagin, the digital service and lifestyle platform for millennials offered by CaixaBank, Spain’s leading retail bank, has reached three million users by the end of 2020. The imaginers community has doubled in size over the last six months and has seen a 15% increase in new users (over 400,000 people) since June when imagin launched its new lifestyle-focused digital community concept for young people.
Ahli Bank Selects SunTec to Automate VAT Compliance and Regulatory Processes
- 4 years 1 month ago
- RegTech, Banking, Compliance
SunTec, the world’s #1 relationship-based pricing and billing company and the provider of #1 GST and VAT compliance solution for Banks and Financial Services in GCC and India, has partnered with Oman’s Ahli Bank to provide its GCC VAT compliance solution. This is a landmark win for SunTec as Ahli Bank becomes its 50th customer to select SunTec’s indirect taxation solution.
Phoebus Software and FSHorizons Sign Strategic Partnership Agreement
- 4 years 1 month ago
- Banking
Phoebus Software Limited (PSL) and Financial Services Horizons (FSH) have entered into an exclusive strategic partnership agreement. This is the latest partnership between Phoebus and a number of different companies to form part of the growing Phoebus digital ecosystem. Phoebus’ digital ecosystem has been designed to offer additional value to both new and existing clients.
BMLL to Deliver Data and Analytics Capabilities to Global Banks on Kx
BMLL, the award-winning data and analytics company, today announced that BMLL Data Feed will be available to sell side participants on the Kx Streaming Analytics platform. Kx is a leading provider of streaming data analytics, serving the majority of the world’s Tier 1 global banks.
Temenos Enterprise Pricing Offers Banks Core-Agnostic, SaaS Solution for Rapid Launch of Personalized Products and Services
Temenos (SIX: TEMN), the banking software company, announces its next-generation Temenos Enterprise Pricing solution, which enables banks to design, manage and price innovative products, services and product bundles using their own and third-party products. Temenos Enterprise Pricing can be deployed on Temenos Transact or on any third-party core, helping larger banks burdened with complex, siloed legacy systems gain faster time to value as they... more
Aion Bank Partners With Form3 to Disrupt Banking and Change the Way We Think About Finances
- 4 years 1 month ago
- Banking
Aion Bank, a new full-service digital bank, and Vodeno, a cloud-based banking-as-a-service platform, have partnered with cloud-native payments technology specialists Form3 to implement their next-generation payments platform and deliver real-time payment processing, clearing and settlement for Aion’s European members.
Tide Begins International Expansion with Launch in India
- 4 years 1 month ago
- Banking
Tide, the UK’s leading business financial platform, [1] has today announced its first steps to expand internationally, as it plans to launch in India in the first quarter of 2021. An initial limited test launch of the platform will be followed by gradual roll-out of the service later in the year.