Banking

Zenus Bank appoints Chief Marketing Officer

4 years 9 months ago
Banking, People Moves

Zenus Bank today announced the appointment of seasoned marketeer John Woods to the newly created role of Chief Marketing Officer (CMO). London based (for now) Woods will oversee global marketing strategy, advertising, sponsorship, customer acquisition and the launch of the new digital bank.

Survey released by Temenos finds AI vital for banks' survival in COVID world

4 years 9 months ago
Artificial Intelligence, Covid-19, Banking

Two-thirds of banking executives believe that new technologies such as AI, machine learning will continue to have the greatest impact on the global banking sector in the next five years, according to a global survey conducted by the Economist Intelligence Unit (EIU) on behalf of Temenos (SIX: TEMN), the banking software company.

Tink launches business account aggregation service

4 years 9 months ago
Banking, Data

Accessing business account information is a necessity for many companies, but they often lack a fast, easy and cost-effective way of fetching relevant, real-time data. Not anymore. Business account data can now be aggregated on the Tink platform alongside personal accounts, offering organisations the chance to instantly and accurately verify business accounts and their owners, check cash flow and more. This is how.

Allica Bank appoints Dipesh Halai as Head of Financial Planning and Analysis

4 years 9 months ago
Banking, People Moves

Allica Bank, the business bank committed to empowering small and medium-sized businesses, has today announced the appointment of Dipesh Halai as Head of Financial Planning and Analysis.

Tinkoff launches first micro-investing service in Russia with Investment Box

4 years 9 months ago
Banking

Tinkoff announces the launch of Investment Box, Russia’s first service for micro-investing offered by a bank. With Investment Box, Tinkoff customers will be able to regularly save small amounts of money when making everyday purchases with debit cards. These savings will be automatically invested in Tinkoff’s Permanent Portfolio exchange-traded funds.

Button Welcomes Bnext As Its First Partner in Southern Europe

4 years 9 months ago
E-Commerce, Banking

Button, the leading mobile commerce technology company, today announced its partnership with Bnext, the biggest mobile-first neobank of Spain. Starting today, Bnext users can seamlessly shop and save money with the largest brands including AliExpress, Groupon, and Black Limba, powered by Button’s technology.

Lunar launches account for teens

4 years 9 months ago
Banking

Nordic challenger bank Lunar has launched an account and card designed to help teenagers better manage their money. The app, specifically for 15 to 17 year olds, offers a basic account and card, spend overview, saving goals, budget tools, instant notifications and free transfers and payments. By targeting teens, Lunar is hoping to secure a pipeline of lucrative adult customers, building up its base of 150,000 users throughout the Nordics.

Taiwan’s First Neobank Selects Temenos Digital Banking Platform to Launch in Record Time

4 years 9 months ago
Banking, Cloud

Temenos (SIX: TEMN), the banking software company, today announced that Next Commercial Bank (Next Bank), has selected Temenos Transact to power its launch as one of Taiwan’s first neobanks and deliver digital banking experiences that challenge the status quo. Cloud-native, cloud-agnostic Temenos Transact will deliver rich, pre-configured banking functionality and compliance to support Next Bank’s rapid launch to market in 2020.

World`s Top Three Online Banks Hit 38,4 Million Customers, a 255% Increase in Two Years

4 years 9 months ago
Online Banking

Recent years have witnessed a surge in the number of digital bank users, with millions of people choosing app or web-based bank over a traditional high-street financial institution.

Financial services organisations are not prioritising compliance in their modernisation efforts – new report from Advanced reveals

4 years 9 months ago
Banking, Compliance

Just 6% of financial services organisations say it’s essential for them to modernise their legacy systems to meet current regulatory and legislative demands. This surprisingly low figure is according to new global research from Advanced, which also reveals that only 20% cite an inability to meet compliance and regulatory demands as their top reason for modernising mainframe based legacy systems.

Andigo Scholarship To Award $12,500

4 years 9 months ago
Banking

Andigo Credit Union, based in Schaumburg, IL, announced five college-bound high school seniors as recipients for the 2020 Andigo Scholarship Program. The winners were recognized for their community involvement and academic achievement. Each recipient will receive a $2,500 scholarship. The Andigo Scholarship Program will award $12,500 in 2020. The winners are:

Forecast by Robocash Group: 5G will boost financial inclusion in emerging markets in Asia

4 years 9 months ago
Banking, Data, IT Innovations, Infrastructure

Driving improvements in the digital space, 5G has accelerated financial inclusion in emerging markets in Asia. Analysts of the financial holding Robocash Group forecast that with its help, about 3 million of the unbanked and underbanked will get access to financial services in both Vietnam and the Philippines by 2025. Indonesia will have 9-11 million, and India – 60 million.

Meniga closes a €8.5m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

4 years 9 months ago
Banking, Online Banking, Infrastructure

Meniga, a leading provider of digital banking technology for the world’s largest banks, has closed a €8.5m strategic investment led by customers Groupe BPCE, the second-largest banking group in France and lead investor in this round, Portugal’s Grupo Crédito Agrícola and long-standing strategic partner UniCredit. Other participants in the round include current institutional investors Velocity Capital, Industrifonden & Frumtak Ventures.

Finantix CIO Cockpit digitises and accelerates key Investment Office processes

4 years 9 months ago
Wealth Management, Banking, Insurance

Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today launched the latest addition to its product portfolio, CIO Cockpit, which allows Chief Investment Officers to distribute market updates and investment ideas to clients faster, leveraging digital communication and collaboration channels.