China’s Banks Continue to Consolidate Global Brand Presence
- 6 years 1 month ago
- Banking, Infrastructure
Led by ICBC as the world’s most valuable banking brand (US$79.8 billion), China’s banks dominate top four spots of the ranking Chinese banks grow 28%, achieving US$407 billion in total brand value, over US$100 billion more than US banks All US banks, with the exception of Wells Fargo (-9%), Chase (-7%), and BankUnited (-6%), improve their brand value Growth of European banks is pedestrian, with German banks losing 24% of value
Natixis Payments and Wynd forge strategic partnership to design retail omni-channel solution
Natixis Payments and Wynd are set to join forces to develop an innovative and disruptive solution to streamline the omni-channel point-of-sale and payment experience, thereby supporting retailers in their digital transition. As part of this strategic partnership, Natixis is taking a stake in Wynd during the company’s fund- raising exercise with a group of investors.
Click and Collect Payment Fraud Increases 13 Percent DUring 2018 Peak Holiday Season
New benchmark data from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, revealed a 13 percent increase in fraud attempts in the click and collect channel during the 2018 peak holiday season.
Falcon strengthens its first-mover position in blockchain banking by introducing direct transfers of cryptocurrencies
- 6 years 1 month ago
- Blockchain, Banking
As the first Swiss private bank, Falcon introduces direct transfers of selected cryptocurrencies for both private and institutional clients. Falcon Private Bank reaffirms its first-mover position in blockchain banking by accepting direct transfers of selected cryptocurrencies. With immediate effect, private and institutional clients can directly transfer cryptocurrencies to and from segregated Falcon wallets, as well as convert them into fiat... more
Al Mustashar Islamic Bank Goes Live in Record Time with ICS BANKS ISLAMIC From ICSFS
- 6 years 1 month ago
- Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that Al Mustashar Islamic Bank, a recently established bank in Iraq, is now operating on its multi-awards winning Islamic banking software suite
People's United Bank to acquire VAR Technology Finance, an industry-leading equipment finance company
- 6 years 1 month ago
- Banking, Infrastructure
People's United Bank, N.A., a subsidiary of People's United Financial, Inc., has acquired
PrePay Solutions Partners with PayQuicker in USA
PrePay Solutions (PPS), Europe's leading digital banking and payments provider, has officially partnered with USA- based global payout processor, PayQuicker. The partnership represents continued PPS growth in the support of payroll management programmes and PayQuicker’s commitment to local currency Corporate Payout Solutions across the globe.
FIME boosts payment strategy on security and consulting with key hires
As part of the ongoing expansion of its banking and payments security and consultancy offering, FIME has confirmed the appointments of Arnaud Crouzet and Edouard Baroin.
Outdated payment systems have a stranglehold on the insurance sector
- 6 years 1 month ago
- Banking
A new white paper published by ground-breaking financial utility, Banking Circle, has identified the stealth effect outdated payments processes are having on the insurance sector. Featuring the findings of exclusive research amongst those responsible for treasury and payments in UK insurance companies, the white paper reveals that out-dated and manually intensive collection and reconciliation systems are seriously undermining customer... more
Sberbank enables fingerprints payments for shoppers of Azbuka Vkusa supermarket chain store
- 6 years 1 month ago
- Banking
Sberbank fingerprint payments technology is already available in 20 ABCs of Taste supermarkets, and the number is constantly growing. Once Sberbank customers have registered their biometric data they can leave their wallets and phones at home. At checkout, customers not only tie the fingerprints of two fingers to a bank card of an international payment system VISA or Mastercard, but also confirm the registration with a password.
SWIFT publishes new ‘Pay Later’ API standard
SWIFT has today published a standard for ‘Pay Later’ APIs in a key step toward enabling the rapid adoption of an innovative new consumer payment model.
Amadeus Powers Travel while Accuity Powers its Payments
- 6 years 1 month ago
- Banking, Infrastructure
Amadeus, a leading travel provider for the travel industry, is working with Accuity, the leading global provider of risk and compliance, payments and know your customer solutions, to transform its cross-border payment process.
Temenos revolutionises its banking software, with the launch of two new cloud-native, cloud-agnostic products – Temenos Infinity & Temenos T24 Transact to accelerate cloud adoption
- 6 years 1 month ago
- Banking
Temenos (SIX: TEMN) the banking software company, today marked a major milestone with the launch of two new products. Temenos Infinity – a breakthrough digital front office product and Temenos T24 Transact – the next generation in core banking. These new products combine the most complete banking functionality in the market, leveraging 25 years of functionality from 3,000 banks in over 150 countries with the most advanced cloud-native, cloud-... more
UnionBank Launches First Fully Digital Branch in the Philippines
- 6 years 1 month ago
- Banking
Appian (NASDAQ: APPN) announces that UnionBank of the Philippines used the Appian Platform to launch its first fully digital branch. The branch, called The Ark, completely transforms the customer experience, making that experience entirely digital, including internet-connected self-service kiosks and virtual reality boxes.
The Oracle Fintech ScaleUp Program kicks off with an ignition day in Brussels
- 6 years 1 month ago
- Banking, Data, Infrastructure
Oracle and B-Hive have selected the first fintechs to take part in the Fintech ScaleUp Program that aims to maximize business opportunities for startup, scale-up and mature fintechs while minimizing the time to get to market. The program starts today with an ignition day in Brussels.
