Future Fund publishes diversity data of companies receiving Convertible Loan Agreements
The British Business Bank publishes Future Fund data that gives a detailed picture of the 252 companies that have been approved for £236.2m worth of Convertible Loan Agreements since the scheme was launched on 20 May. There have been 623 applications in total in the first month of operation. Government has said it will keep the size of the scheme under review and consider increasing it if needed. This data shows where companies are based across... more
Zopa launches new digital bank, offering consumers a compelling alternative when they need it most
Zopa has today been awarded its full bank licence, launching at a time when consumers need financial services providers to work on their behalf more than ever.
Cairo Amman Bank adopts the latest technology to enhance performance and security for its digital banking services through Aruba
Cairo Amman Bank PLC. (CAB),is a public limited company located in Jordan, Palestine and Bahrain. Ever since its establishment in 1960, the Bank has been providing an inclusive range of services and successful banking solutions to fulfil the needs of its customers. CAB has deployed state-of-the-art networking technology from Aruba, a Hewlett Packard Enterprise company.
FSS Technologies signs Emrys La Carte for Issuance Processing Service
- 4 years 8 months ago
- Banking, Cloud, Compliance, Regulatory Standards
FSS Technologies (Financial Software and Systems), a global digital payment and financial technology company, announced today that Emrys La Carte, one of France’s leading consumer cooperatives has engaged with FSS to provide a hosted card issuance service. The Card Management Platform runs on FSSNeT, FSS’secure private cloud. The managed services model drives operational efficiencies, with dedicated cross-functional teams assuming responsibility... more
Warba Bank digitizes online banking and enhances customer experience with Nutanix
- 4 years 8 months ago
- Online Banking
Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, today announced that Kuwait’s Warba Bank has digitally transformed its financial services and mobile banking using the power of Nutanix’s hyper-converged infrastructure platform.
First Bank launches Micro Creditum app and continues its digital transformation with FintechOS as technology partner
- 4 years 8 months ago
- Banking
First Bank continues its digital transformation with the launch of the Micro Creditum application, making the entire lending process more efficient for its business customers in need of finance. Analysis of credit documents can now be achieved in just one hour, marking a reduction in processing time of 80%.
Path Solutions top IBS Islamic Sales League Table 2020
- 4 years 8 months ago
- Islamic Finance
Path Solutions, a global banking software provider, was announced by IBS Intelligence as the leader in the Islamic financial services sector in IBS Islamic Sales League Table (SLT) 2020. For the eighth year in a row, Path Solutions was recognized the undisputed leader in Islamic Banking with more new Islamic deals signed in 2019 than any of its industry peers. The company is part of the iconic IBSI Leadership Club 2020 for back office systems,... more
Thought Machine and TruNarrative collaborate on resilience and core banking innovation for Atom bank
- 4 years 8 months ago
- Core Banking, Cloud, Security
Thought Machine, the cloud native core banking technology firm, today announced it has teamed up with RegTech leader TruNarrative to provide Atom bank groundbreaking financial crime prevention and core banking capabilities. This partnership has enabled Atom to use the TruNarrative platform to conduct a full suite of real-time AML transactional monitoring processes built on top of truly cloud native technology.
CaixaBank relaunches imagin as a digital services and lifestyle platform for 2.6 million young people
- 4 years 8 months ago
- Mobile Banking
CaixaBank is transforming imagin, Spain’s leading mobile-only bank for young people, into a digital platform dedicated to the creation of digital services, both of a financial and non-financial nature, for the younger user. Its goal is to promote the growth and loyalty of the youngest customers, who are especially interested in using new technologies in their day-to-day lives and their future projects.
MCI Club enhances onboarding with Knowledge Bank integration
- 4 years 8 months ago
- Banking
MCI Club has integrated its digital broker platform Burrow into Knowledge Bank’s API to provide brokers with up-to-date criteria information when qualifying new and existing mortgage customers. Through the Burrow platform, potential borrowers coming from search engines, a broker’s website or other channels, by answering just a small set of questions, will receive a qualified, personalised mortgage report. This is then available to the broker,... more
Caixa Geral de Depósitos selects Finastra to transform treasury and capital markets business
- 4 years 8 months ago
- Treasury, Banking, Regulatory Standards, Risk Management
Caixa Geral de Depósitos, the largest commercial bank in Portugal, has chosen Finastra to power its end-to-end treasury and capital markets business. It has selected Fusion Kondor, Fusion Risk and Regulatory Reporting as a Service to support this front-to-back-to-risk transformation. The bank’s users will have access to automated and standardized interfaces which will improve day-to-day operations and will benefit from an enhanced user... more
Chargebacks911 launches new brand Fi911 to support financial institutions with automated chargeback management
Leading chargeback remediation and dispute technology specialist, Chargebacks911, has launched its revolutionary new brand, Fi911, to provide financial institutions with a suite of next generation chargeback and merchant lifecycle management technology.
IBS Recognizes Temenos as the #1 Best-Selling Banking Software for Digital, Core Banking, Payments, and Risk Management
- 4 years 8 months ago
- Banking, Risk Management
Temenos (SIX: TEMN), the banking software company, was ranked the market’s leading software provider in digital banking, core banking, payments and risk management product categories according to the IBS Intelligence Sales League Table 2020 (SLT). Temenos was also named a regional leader in both Europe and Americas.
Icelandic neobank indó partners with Enfuce to develop Iceland’s first challenger bank
- 4 years 8 months ago
- Banking
Relying on Enfuce’s turnkey service, indó can develop and scale “the world’s least powerful bank”.
Sterling Federal Bank selects Finastra's Fusion Phoenix as the core to carry it into the future
- 4 years 8 months ago
- Banking
Finastra announced that Sterling Federal Bank (Sterling, IL) has selected Finastra’s Fusion Phoenix to support the bank as it expands its business from one focused primarily on consumer banking and mortgages to one with a strong presence in commercial banking. Fusion Phoenix, run from the Azure cloud, was chosen for its ability to evolve with the bank’s needs, and integrate seamlessly with its existing loan technology from Finastra.