Report recognizes Finastra for both banking book and trading book operations
- 6 years 8 months ago
- Trade Finance, Banking
Finastra has been positioned as a Category Leader in the Chartis RiskTech Quadrants for both banking book and trading book credit risk solutions. The rankings are featured in a recent report published by Chartis, titled Technology Solutions for Credit Risk 2.0, 2018, which assesses the technologies that are addressing the speed, flexibility and risk profile of the lending market.
Western Union integrates the mobile app of Russia's Post Bank
- 6 years 8 months ago
- Banking
The Western Union Company (WU) (NYSE: WU), a leader in cross-border, cross-currency money movement, and Post Bank, one of Russia’s largest banks, have expanded their offering for digital international money transfers by enabling customers to use Post Bank’s mobile banking app to send Western Union Money Transfers directly into billions of bank accounts in more than 50 countries.
Mashreq Bank and SunTec partner to meet VAT compliance
- 6 years 8 months ago
- Banking
SunTec, the leader in revenue management and customer experience orchestration, today announced its partnership with Mashreq Bank, one of the leading financial institutions in the UAE. Through this collaboration, SunTec will enable seamless computing and invoicing of the recently introduced Value Added Tax, without causing disruptions to Mashreq’s existing systems.
Sberbank upgrades mobile app by adding auto-repayment of credit debt
- 6 years 8 months ago
- Banking
Sberbank has launched a service that allows clients to set up automatic repayment of credit card debt.
SmartStream signs Jumhouria Bank of Libya
- 6 years 8 months ago
- Transaction Banking, Reconciliation
SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced Jumhouria Bank, the largest bank and branch network in Libya, has signed a deal forSmartStream’s Corona solution for the delivery of intra-day reconciliations management across cash, cards, branch, central bank and payment transactions.
The FCA Annual Report highlights gap between banks and SMEs
- 6 years 8 months ago
- Banking
The FCA’s efforts to improve financial services for SMEs will be the subject of the organisation's annual report, published today. SMEs are the lifeblood of the UK economy, contributing more than £200bn a year, but increasingly feel under-served by banks.[1]
SaxoBank Chooses AU10TIX 2nd Generation Customer ID Authentication & Onboarding Automation
- 6 years 8 months ago
- Artificial Intelligence, Banking
International trading and investment platform SaxoBank enhances customer onboarding and fraud prevention with AU10TIX 2nd generation ID authentication and onboarding platform BOS. AU10TIX BOS is the first and currently only fully operational Cloud service, offering 100% end-to-end automation (No manual review, no customer data entry required), forensic-level ID authentication, multi-modal Selfie-to-ID face matching, Proof-Of-Address handling and... more
CashFlows offers BIN Sponsorship services
CashFlows today announced it will help to break down barriers to payment innovation by offering BIN sponsorship services through the ground-breaking Open Payments Cloud (OPC). New and smaller programmes have always posed a fundamental challenge within the industry whereby low card volumes present commercial challenges and creates a barrier to entry.
Austrian Central Bank Goes Live with SimCorp Dimension
- 6 years 8 months ago
- Banking
SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announced that Oesterreichische Nationalbank (OeNB), Austria’s central bank, has successfully completed the implementation of SimCorp Dimension, which is now live across the full spectrum of front, middle and back office.
LeasePlan Bank Integrates Ohpen banking platform
- 6 years 8 months ago
- Banking
Cloud banking provider Ohpen has strengthened its position as the market leader in the Netherlands, signing LeasePlan Bank as its latest customer.
Avoka Congratulates HSBC
- 6 years 8 months ago
- Banking
Avoka was proud to join its customer HSBC Commercial Banking Group at Celent’s Innovation & Insight Day on April 24 as HSBC accepted its award for Model Bank for Commercial Account Onboarding. The win is based on the digital transformation achieved by HSBC partnering with Avoka, the global leader in customer acquisition software for banking.
Nordea to acquire Gjensidige Bank and enter Strategic Partnership with Gjensidige
- 6 years 8 months ago
- Banking
Nordea has entered into an agreement with Gjensidige Forsikring ASA to acquire all shares in Gjensidige Bank ASA. The agreement also includes a long-term strategic mutual distribution cooperation with Gjensidige in Norway. Gjensidige Bank is one of Norway’s leading online banks. The bank offers private individuals a suite of digital banking services, mortgages, car financing, unsecured loans and savings and investments distributed online and... more
Bankdata expands use of murex's capital markets platform, MX.3
Bankdata, an IT service provider to the Danish banking industry, has recently gone live with another stage of its transformation program. Bankdata recently migrated interest rate and cross-currency swaps from its legacy systems to Murex’s MX.3 platform, the leading solution for trading, risk management and processing for the capital markets. Simplification of system landscape with Murex’s platform, MX.3
Banking industry unites to combat financial crime at ATM & Cyber Security 2018
Violent attacks on ATMs, cyber intrusion, jackpotting, malware attacks, card skimming, black box attacks, and social engineering are just some of the threats being discussed at ATM & Cyber Security 2018
Georgia’s Largest Bank Launches Digital Neobank in Eight Months
- 6 years 8 months ago
- Banking
TBC Bank supports the country’s first cloud bank powered by Mambu
