Khaleeji Commercial Bank Fully Compliant with the Central Bank of Bahrain’s Open Banking Directives
- 6 years 5 months ago
- Banking
Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in Bahrain, has officially announced its readiness for open banking services today, making it the first bank in Bahrain and the MENA to be fully compliant with the CBB’s directives.
Cryptomathic Announces Acquisition of Aconite Technology
Cryptomathic, the global specialist in secure server and payments solutions, today announces the strategic acquisition of end-to-end EMV® card lifecycle, transaction processing and PIN management provider, Aconite Technology. Both Cryptomathic and Aconite Technology are widely respected for their long standing and deep expertise in the provisioning of secure infrastructure for EMV payments. The acquisition will enable the two firms to leverage... more
Finastra’s open cloud platform drives collaboration and innovation in financial services
- 6 years 5 months ago
- Open Banking, Banking, Cloud
Today ahead of its FusionONE developer conference, co-hosted with Microsoft, Finastra unveiled the latest developments to its FusionFabric.cloud open platform for innovation.
Redwood Bank Becomes the 31st Bank to Join Flagstone
- 6 years 5 months ago
- Banking
Redwood Bank, which focuses on small and medium-sized businesses in the UK, has become the latest challenger bank to join Flagstone’s cash deposit platform. Flagstone’s SME clients will now be able access to Redwood Bank’s competitive rates with a 1.40% one-year fixed-term deposit account now live on the platform.
Allegacy Federal Credit Union Strengthens Its Core with Transition to Fiserv
- 6 years 5 months ago
- Core Banking
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Allegacy Federal Credit Union, a $1.43 billion in assets credit union based in Winston-Salem, North Carolina, will advance its member and business services capabilities and prepare for the next stage of its growth by enhancing its core platform with an integrated suite of solutions from Fiserv.
ACI Worldwide Transforms Payments and Security for Chile’s Largest Acquirer
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Transbank, the largest acquirer in Chile and an existing ACI customer, is now taking advantage of ACI’s UP Retail Payments solution to offer differentiated services to businesses, maintain a competitive edge in the market and better comply with local card scheme mandates.
ICS Financial Systems Named “Best Technology Solution Provider to Islamic Finance in UK”
- 6 years 5 months ago
- Banking, Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, is awarded “Best Technology Solution Provider to Islamic Finance in UK” during CIS (The Commonwealth of Independent States) – Islamic Banking and Finance Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE).
Worldwide Demand for ATMs Dropped for the First Time
- 6 years 5 months ago
- Cash management, Payments, ATMs, Banking
China’s ATM numbers continue rapid fall According to a brand-new report from RBR, Global ATM Market and Forecasts to 2024, ATM numbers dropped in four of the five largest markets in 2018. More than half the world’s ATMs are found in just five countries; of these China, the USA, Japan and Brazil saw a decrease in ATMs, whilst in India, growth slowed considerably.
Piper Jaffray Chooses MCO’s Compliance Management Software
- 6 years 5 months ago
- Investment, Asset Management, Banking
-MyComplianceOffice (MCO) announced today at the annual
Deutsche Bank Reveals Ultimate Guide to ISO20022 Migration
The decision by major central banks and SWIFT to migrate to ISO 20022 is an opportunity for banks and corporates to improve operational efficiency and reassess existing business models, but will require CEO commitment and allocation of appropriate budgets.
The National Bank of Bahrain Enables Open Banking Services in MENA
- 6 years 5 months ago
- Banking
National Bank of Bahrain (NBB) has today taken a lead role in evolving the banking industry in the region, by adopting technologies that enable it to deliver new open banking services to its customers.
Discovery Bank Taps Aconite Technology’s EMV Solution Suite
- 6 years 5 months ago
- Banking
Aconite Technology Ltd is proud to announce that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Limited, the leading South African insurance and financial services provider, has started issuing and processing EMV®* debit and credit cards using Aconite Technology’s EMV solution suite. This initiative is part of Discovery’s expansion from a predominantly insurance-based business to a fully-fledged banking... more
Fenergo and Refinitiv Join Forces to Accelerate Client Onboarding
Facilitating the flow of legal entity and counterparty information between banks and data providers to counteract financial crime, bribery and corruption is critical. Fenergo, the leading provider of digital Client Lifecycle Management (CLM) software solutions, has partnered with Refinitiv, global provider of financial markets data and infrastructure, to enable customers to more efficiently identify risk.
Brits Wary of New Technology in Banking, Despite High Demand
- 6 years 5 months ago
- Banking
While British consumers expect their banks to ensure that the latest technology is available, consumers’ rate of adoption does not necessarily meet the rate of innovation. Nearly a third (30 percent) of Brits say their bank is over-ambitious introducing additional services on different devices, saying they do not need or want more ways to interact. At the same time, over two-thirds (69 percent) expect their bank to be delivering the latest... more
Syncordis Announces Global Strategic Partnership with Temenos
- 6 years 5 months ago
- Banking
Syncordis S.A., a wholly owned subsidiary of Larsen & Toubro Infotech (LTI), today announced a strategic global partnership with Temenos, the banking software company. This partnership will enable Syncordis to seamlessly offer an array of Temenos certified services to banks across the globe.
