U.K. Banks Adopt Digital Platforms to Compete with FinTechs
- 4 years 2 months ago
- Banking
Banks in the U.K.
Frost Beta-Testing New Way to Bank and Find Utility Deals
- 4 years 2 months ago
- Banking, FinTech StartUps
A new digital account has started beta testing ahead of its full launch next year. Frost, accessible via your smartphone, will use intelligent functionality to allow users to set up an account and manage transactions, including bills, direct debits and balance transfers, all from one application, thereby saving them time and money. The mobile account is due to launch in the first half of 2021.
Eika Alliance & TietoEVRY to Deliver the Next-gen of Core Banking and Payment Solutions
TietoEVRY and the Eika Alliance, one of Norway`s largest banks and insurance companies, have entered into a comprehensive strategic agreement for the delivery of next-generation core banking and payment solutions, including card services and digital channels. With these deliverables TietoEVRY will ensure that the Eika banks gain high-quality digital solutions that attend to compliance and security at the same time as innovative and future-... more
Sovcombank Customers Age 45+ Who Prefer Contactless Payment Triples
There’s been a surge in Sovcombank customers aged 45 and older who opt to exclusively rely on a phone and mobile application for contactless payments. Three times as many customers from that age group use only contactless payment*, rising to 14% of the total number of the bank's card clients compared to just 5% two years ago. Mobile app audience is rapidly growing older
Kinesis Pilots Physical Visa Card and Banking Program in US
Kinesis, the monetary system, based 1:1 on allocated physical gold and silver, today announces the launch of its physical Visa card to expand the real-world utility of the Kinesis platform. Building on the success of its globally used virtual Visacard, Kinesis wanted to continue to integrate the Kinesis systems into everyday banking. As such, it has rolled out its physical Visa card and accompanying banking systems to the US market ahead of the... more
Saudi Arabia to Host a Virtual Event 'Future of Fintech'
- 4 years 2 months ago
- Payments, Banking, FinTech StartUps
Saudi Arabia has consistently seen a surge in the use of FinTech and related technologies during the global health crisis. There has been a rise in the use of contactless payments, and other forms of digital banking channels. The faster adoption of FinTech has exceeded expectations as part of the country’s Financial Sector Development (FSD) programme.
GPS to Join Mastercard’s Fintech Express Programme
Leading issuer processor, Global Processing Services (GPS), today announces it has been selected by Mastercard, the leader in global payments and technology, as its chosen processing partner in its Fintech Express Programme.
Central State Bank Goes Live on Finastra’s Fusion Phoenix Core
- 4 years 2 months ago
- Banking
Finastra today announced that Central State Bank, serving the Iowa City-Cedar Rapids Corridor and Northeast Iowa, has upgraded their Finastra core to the latest Fusion Phoenix offering. With Fusion Phoenix, the bank will enjoy seamless integration with its other Finastra-provided banking solutions, which include Fusion CreditQuest, Fusion LaserPro, and Fusion Digital Banking.
Major French Private Bank Digitises Onboarding with Wealth Dynamix
- 4 years 2 months ago
- Banking
Nordea Joins the Partnership for Carbon Accounting Financials (PCAF)
- 4 years 2 months ago
- Banking
Nordea takes an important step to further strengthen its work to track and measure its climate change risks and impacts by joining the industry-led Partnership for Carbon Accounting Financials (PCAF). This will support Nordea’s commitment to aligning its lending and investment portfolio to the climate goals of the Paris Agreement.
EY Global Banking Outlook 2021: Banks Can Turn Today’s Disruption Into Tomorrow’s Transformation
- 4 years 2 months ago
- Banking
EY releases Global Banking Outlook 2021: 'Can banks turn today's disruption into tomorrow's transformation?' which discusses the once-in-a-generation opportunity caused by the pandemic for banks to accelerate transformation in order to grow, cut costs, connect with customers and drive a more sustainable future. Some key highlights from the report include:
Texas First Bank Selects Finzly's Digital Account Opening Solution
- 4 years 2 months ago
- Banking
Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital account opening, announces today that Texas First Bank has selected Finzly’s contactless digital account opening (DAO) solution.
SPD Bank Enhances Treasury Operations to Drive Growth with Finastra’s Fusion Summit
Shanghai Pudong Development Bank (SPD Bank) has successfully gone live with Finastra’s cutting-edge treasury solution, Fusion Summit, in Hong Kong. With Fusion Summit’s advanced features, SPD Bank will be able to develop a broader and more sophisticated set of treasury services, helping it to grow its business in region even faster.
Backbase Opens Global Development Center to Accelerate Digital Transformation for Banks
- 4 years 2 months ago
- Banking
Backbase, the Engagement Banking platform provider, today announced the opening of its new Global Development Center (BDC) in Krakow, Poland. The new BDC will enable Backbase to deliver end-to-end services for mobile and web development on the Backbase Engagement Banking Platform, allowing banks and financial institutions globally to successfully accelerate their digital transformation on Backbase’s Engagement Banking platform.
Path Solutions Wins Most Innovative Analytics Deployment at Al Baraka Bank Sudan for 2020
- 4 years 2 months ago
- Islamic Finance
Path Solutions, the Islamic banking software company, today announced that it is a winner of the 2020 IBSI Global FinTech Innovation Awards for ‘Most Innovative Analytics Deployment’ of iMAL*BI at Al Baraka Bank Sudan, a subsidiary of the strategic Bahraini multinational banking corporation Al Baraka Banking Group.
