Danske Bank and Nets sign new five-year Dankort agreement
- 6 years 1 month ago
- Banking
Danske Bank and Nets have entered into a five-year agreement to issue and develop the Dankort card. This means that Danske Bank’s customers will still be able to use the Dankort card for payments as they do today. Furthermore, the parties will cooperate to develop the payment infrastructure in Denmark. Danske Bank’s customers must also in future be able to pay with the Dankort card, thus using one of the most popular payment solutions in... more
Banking Competition Remedies Ltd (BCR) announces the opening of the application window for Pool B of the Capability and Innovation Fund
- 6 years 1 month ago
- Banking
Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million Royal Bank of Scotland (RBS) State Aid Alternative Remedies Package, today announces the opening of the application window for Pool B of the Capability and Innovation Fund. The Capability and Innovation Fund is designed to support the development of wider capabilities and competition in the SME banking markets. The fund comprises of four pools... more
Absa Innovation Lab to host World Bank's Mission Billion Challenge
- 6 years 1 month ago
- Banking, IT Innovations, Infrastructure
The World Bank’s Identification for Development (ID4D) Initiative is partnering with WorkInProgress, an Absa Innovation Lab in Cape Town, to host a ‘solveathon’ workshop for the inaugural Mission Billion Challenge.
Monzo goes live with Flux digital receipts
- 6 years 1 month ago
- Banking, Infrastructure
Thanks to our partnership with Flux, you’ll now be able to see receipts for purchases at selected retailers in your Monzo app! Right now, you can see receipts whenever you shop at EAT., Itsu, Pure and Pod. A selection of Flux retailers available through Monzo. This is just the beginning. Over the next few months, we’ll be working with Flux to include even more retailers. Some stores also bundle loyalty offers and rewards into their receipts, so... more
Banco BNI Europa picks NDGIT for open banking push
- 6 years 1 month ago
- Banking
The European challenger and innovative bank in Portugal, Banco BNI Europa, became recently a strategic customer of NDGIT, provider of the first API platform for banking and insurance in Europe. BNI Europa implements "PSD2 Ready", NDGIT’s smart standardized software solution following the Berlin Group RTS standard, to fulfil all PSD2 requirements – fast and efficient. This cooperation is a milestone for the future development of Open Banking in... more
Western Union Digital Money Transfers Now Live in South Korea via kakaobank Mobile App
- 6 years 1 month ago
- Money Transfers, Banking
The Western Union Company, a leader in cross-border, cross-currency money movement, and
Retail bankers are digitizing through Avoka Workspaces
- 6 years 1 month ago
- Banking
Avoka, a Temenos company and SaaS leader in digital customer journeys in banking, today announced the launch of Workspaces, a new module of the Avoka platform within the Temenos Infinity product. Workspaces is a digital review and approval workspace for retail banking and credit union staff, built to support resolution and customer service for account opening and onboarding. The new module is included with all implementations of the Avoka... more
Successful introduction of Avaloq platform at Raiffeisen
- 6 years 1 month ago
- Banking
Raiffeisen and Avaloq have made IT history: one of Switzerland’s biggest IT projects was successfully completed at the start of January. In a first for the financial industry, 253 banks (246 Raiffeisen banks, six branches and the central bank) will now be operated on one platform. The platform is available to all 11,000 employees at 900 separate Raiffeisen sites throughout Switzerland. Long-term continuation of a successful collaboration
Temenos receives ISO 14001:2015 Certification for its Environmental Management System
- 6 years 1 month ago
- Banking
Temenos, the banking software company, today announced that it has been certified ISO 14001. Temenos has successfully implemented an Environmental Management System (EMS) in the company’s three offices in India (Chennai and Bangalore), which account for 52% of the total global employee workforce and are the hub of its product development activities. In addition, Temenos received ISO 14001: 2015 certification of its EMS, independently verified by... more
Suits Me partners with HooYu to simplify banking for migrant workers
Leading identity confirmation provider HooYu has partnered with hassle-free alternative banking solution, Suits Me, to help financially-excluded workers get quicker and simpler access to bank services.
Commercial Bank of Kuwait installs video kiosks at 68 branches
- 6 years 1 month ago
- Banking
Commercial Bank of Kuwait has started to adopt the smart-branch model by creating a flexible and cost-effective virtual banking system that would allow remote consultations via video kiosks — touchscreen PCs with connected headsets.
New AAAtraq service helps websites cut compliance risk
- 6 years 1 month ago
- Banking, Compliance, Risk Management
Supermarket shopping, banking, switching energy supplier, booking a restaurant table, ordering pizza, choosing a holiday destination. The Internet has transformed our lives by making these everyday actions easy to complete, online, from any device. Yet up to 15 million people in the UK alone face digital accessibility issues when they use websites from many leading commercial or public-sector organisations. Globally it is becoming an expensive... more
Temenos and Credorax deploy core banking platform in the cloud
- 6 years 1 month ago
- Banking
Temenos, the banking software company, and Credorax, a leading global smart acquiring banking firm, today announced that it has selected Temenos T24 Transact deployed on the cloud. Temenos’ digital banking platform in the cloud will enable Credorax to expand into new market segments, and accelerate time-to-market for its offerings, for enterprises and small businesses, beyond merchant acquiring, into cross-border payments and banking services.
Saxo Bank commenting on Apple's Q4 earnings
- 6 years 1 month ago
- Banking
Commenting on Apple's Q4 earnings results falling short and iPhone sales shrinking as the company's new line-up did not perform as well as expected, Christopher Dembik, Head of Macro Analysis at Saxo Bank said:
Tide grows almost 10% in January and strengthens position as leader in SME digital challenger banking
- 6 years 1 month ago
- Banking
Tide adding 5,000 members in January 2019 and is growing faster than any other business banking player Ambitious plans to accelerate growth through recently announced partnership with Clearbank which brings together ClearBank’s robust, next-generation infrastructure andTide’s market-leading propositions to help entrepreneurs run and grow their businesses.
