Spotcap Expands C-Suite As Business Matures
- 6 years 8 months ago
- Banking, IT Innovations
Fintech business lender Spotcap recently expanded its C-Suite to include two newly created roles. Linh Bergen-Peters joins the company as Chief Marketing Officer and Martin Gawlak as Chief People Officer. These new roles will be instrumental in ensuring Spotcap’s continued growth. The company increased its gross revenue by more than 100 percent between May 2017 and May 2018, and doubled the size of its loan book during the same time period.
Coventry Building Society, UK’s second-largest, Selects Temenos To Power Digital Transformation
- 6 years 8 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that Coventry Building Society, the UK’s second-largest building society, has chosen Temenos T24 Core Banking platform for its future savings and mortgages servicing. The Society has opted for a front-to-back digital transformation using Temenos T24 Core Banking as well as Temenos Channels, Financial Crime Mitigation and Temenos Payments Hub solutions.
Banking industry unites to combat financial crime at ATM & Cyber Security 2018
- 6 years 8 months ago
- Banking
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
European Central Bank grants banking licence to Nordea Holding Abp
- 6 years 8 months ago
- Banking
Nordea Holding Abp has been granted a banking licence by the European Central Bank. The received banking licence is part of the preparation for Nordea’s move into the banking union and the merger of Nordea Bank AB (publ) into Nordea Holding Abp.
Santander implements Infosys Finacle suite for interbank cash management
- 6 years 8 months ago
- Banking
Infosys Finacle, part of EdgeVerve Systems, a fully owned subsidiary of Infosys, and Santander UK, a leading financial services provider in the UK, today announced the launch of a new inter-bank cash management system for its corporate customers.
Guaranty Trust Bank (Tanzania) Limited goes live on ICS BANKS from ICS Financial Systems
- 6 years 8 months ago
- Banking
ICS Financial Systems Limited (ICSFS), a global software and services provider for banks and financial institutions, announced today that Guaranty Trust Bank (Tanzania) Limited (GTBank Tanzania); subsidiary of Guaranty Trust Bank PLC, has successfully gone live on ICS BANKS® Universal Banking Solution.
Mobeewave signs National Bank of Canada for mobile POS
National Bank is proud to announce that its SME clients can now use National Bank Easy Pay (“Easy Pay”), a mobile point-of-sale solution powered by Montreal fintech Mobeewave.
ING files update on regulatory matter
- 6 years 8 months ago
- Banking
ING announced today that it has filed supplements to the Registration Documents for the debt issuance programmes of ING Groep N.V. and ING Bank N.V. The updates concern a change in the wording in the section 'General information - Litigation', reflecting an update on timing.
Ant Financial's MYbank to open up tech suite to other banks
- 6 years 8 months ago
- Banking
MYbank, a leading online private commercial bank in China with a focus on SME financing, today announced the launch of the Star Plan to open up its proven AI, computing and risk management capabilities to financial institutions in China.
Finn AI joins Temenos MarketPlace
- 6 years 8 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announces the launch of Finn AI on Temenos MarketPlace, Temenos’ platform for facilitating the exchange of value between fintech providers and financial institutions. Finn AI, which is working with financial institutions such as Bank of Montreal, provides banking customers with an AI-powered personal banking and financial management assistant. The solution, built solely for the financial... more
Countingup reaches 1,000 customer milestone in two months with PrePay Solutions
- 6 years 8 months ago
- Banking
PrePay Solutions (PPS), Europe’s leading prepaid and digital banking services provider, is delighted to share in the success of its customer Countingup, which has reached 1,000 customers just two months after officially launching in April 2018.
The West receives over $1.5 trillion in remittances over last decade, finds Xpress Money
One in every four dollars sent via remittances in 2017 was received in Europe Remittances have provided a $50bn economic boost to the UK since 2008
Traditional banks consider ways to reach customers left behind by the digital shift
- 6 years 8 months ago
- Banking
Banks must seek an alternative to branch closures, as only 23 per cent of rural residents are using mobile banking, according to the FCA. The FCA surveyed 13,000 people and found that only 23 per cent of rural residents use mobile banking and 54 per cent use internet banking, compared to the 45 per cent and 78 per cent respectively in urban areas.
Commerzbank joins Enterprise Ethereum Alliance
- 6 years 8 months ago
- Blockchain, Banking
The Alliance is a global blockchain consortium for cross-industry cooperation Commerzbank has already carried out several pilot transactions based on blockchain
Deutsche Bank moves reconciliation services to SmartStream
- 6 years 8 months ago
- Banking
As part of its transformation strategy, Deutsche Bank has selected SmartStream Technologies’ Centre of Excellence (CoE) to provide an off-site operations platform - including three services which will allow the bank to streamline, simplify and reduce the costs of its reconciliations environment.