Temenos Wins ‘Technology Provider of the Year’ at 2020 FStech Awards
- 4 years 11 months ago
- Banking
Temenos, the banking software company, today announced it has been awarded ‘Technology Provider of the Year’ at the 20th annual FStech Awards. Temenos’ commitment to innovation and growing global footprint impressed judges from key financial institutions, including Nationwide and Deutsche Bank.
Digital banking for BBVA’s international corporate clients, refreshed with more and improved features
- 4 years 11 months ago
- Banking
With a newly updated version of Global Net Cash, BBVA takes another step forward in the digital transformation of banking for global businesses and institutions. In the current context, BBVA recommends more than ever the use of digital channels and joins the challenge #iwillstayathome.
Emirates NBD COVID-19 Coronavirus Precautionary Measures
Given the developing situation around the Coronavirus – COVID-19 outbreak, the safety and wellbeing of our customers, our employees and the community, remains our top priority, as we put our Bank-wide precautionary measures into action. In accordance with the UAE government directives, and following global guidelines, Emirates NBD has rolled out its proactive business resilience and continuity plan. The precautionary measures we have implemented... more
Daon To Deliver Onboarding and Mobile Biometric Authentication to TONIK Digital Bank
- 4 years 11 months ago
- Banking, Authentication Technology
Daon, a global leader in biometric identity technology, today announced that it will deliver onboarding and mobile biometric authentication solutions to TONIK Digital Bank Inc (TONIK), the first digital-only bank in Southeast Asia.
Absa Regional Operations Selects KAI to Deliver Groundbreaking Digital Experiences to its Customers across Africa
- 4 years 11 months ago
- Artificial Intelligence, Banking
Kasisto, creators of KAI, the leading digital experience platform for the financial services industry and Blue Turtle Technologies (Blue Turtle), South Africa’s leading enterprise technology partner, have announced that Absa Group Limited’s subsidiaries outside of South Africa, collectively known as Absa Regional Operations (ARO), have selected and deployed KAI, Africa’s first Conversational AI powered virtual banking assistant.
Businesses can now apply for a Monzo Business Account
- 4 years 11 months ago
- Banking, IT Innovations
Monzo has announced today that it is launching free and premium business accounts. From today, businesses can apply for a Monzo Business Account for £5 per month or a Business Lite account with no monthly fee. Both Monzo accounts are full UK current accounts and it's regulated by all the same rules as high street banks. Furthermore, eligible deposits in Monzo are FSCS protected up to £85,000.
Al Wifaq International Islamic Bank Selects ICS BANKS ISLAMIC from ICSFS to Maximise its Financial Efficiency
- 4 years 11 months ago
- Islamic Finance
Al Wifaq International Islamic Bank for Investment and Finance, a newly established bank in Iraq, has selected the most holistic Islamic banking software; ICS BANKS ISLAMIC from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to start its Islamic operations in Baghdad, Iraq.
Starling boss Anne Boden says digital banks ‘have to show they can make a profit’
- 4 years 11 months ago
- Banking
Starling Bank founder and chief
Neyva Bank speeds up payments for customers
Neyva Bank will now be able to offer instant money transfers via mobile phones after joining Bank of Russia’s new Faster Payments Service (FPS). The project to introduce the use of phone numbers as a token to perform transfers between recognised contacts of Neyva Bank’s account holders and other FPS member banks was completed with support from Compass Plus.
Backbase and Finxact Partner to Help Financial Institutions in North America Innovate at Speed and Move Away from Vendor Lock-In
Backbase, the omni-channel Digital Banking platform and Finxact, the Core-as-a-Service platform, have entered into a strategic partnership to help banks and credit unions unlock the full potential of their digital transformation with a next-gen front-to-back solution. The partnership combines Backbase’s portfolio of turn-key online and mobile banking applications with Finxact’s next-gen cloud native core banking platform. The combined front-to-... more
Nordea offers instalment-free periods for mortgage and small and medium-sized business customers in light of corona outbreak
- 4 years 12 months ago
- Banking
As the biggest bank in the Nordics, Nordea has a special responsibility to our customers and the societies during tough times. Nordea has decided to offer instalment-free periods to those personal and business customers in all Nordic countries who are in need of help because of the corona outbreak.
Temenos MarketPlace welcomes TAS Group to offer state-of-the-art card and mobile payments platform
- 4 years 12 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that TAS Group, a global provider of digital payments software, has joined the Temenos MarketPlace. With the addition of CARD 3.0 IE, Temenos clients can leverage a flexible, modular and scalable card issuing, acquiring and processing platform that can be deployed either on-premise or on the cloud.
State of the Industry: Global financial services players yet to align on key issues of collaboration, innovation and cybersecurity
- 4 years 12 months ago
- Transaction Banking, Payments, Banking
Exclusive research from Barclays Corporate Banking reveals the contrasting views of nearly 2,000 financial services leaders from across the globe on the key drivers of collaboration, innovation and cybersecurity More than two-thirds of businesses identify collaborating and partnering with FinTechs as the preferred approach for traditional banks in the future China will be king for innovation in the next five years, but India is still set to be... more
Starling boss Anne Boden says digital banks ‘have to show they can make a profit’
- 4 years 12 months ago
- Banking
Starling Bank founder and chief executive Anne Boden said the business will to make its first monthly profit in “in January or February” of next year. This year is perhaps the most crucial in the well-regarded bank’s short history. Boden has to manage expansion into Germany, France and the Netherlands, maintain the bank’s quality, and produce a profit.
Standard Chartered joined digital shipping platform TradeLens
- 4 years 12 months ago
- Blockchain, Banking
Standard Chartered Bank has joined TradeLens, a blockchain-enabled digital container logistics platform, jointly developed by A.P.