ICICI Bank launches in-store mobile-based payments with ‘mVisa’
- 9 years 1 month ago
- Payments, Mobile Banking
ICICI Bank, India’s largest private sector bank, launched a service to enable customers to make electronic payments from their smartphones at physical stores, e-commerce and other deliveries at home, radio taxis, and utility billers, among others. This service is based on ‘mVisa’, a new mobile payment solution from Visa. ICICI Bank claims to be the first bank globally to launch a mobile app-based ‘mVisa’ solution for consumers and merchants.
1st Advantage Federal Credit Union Expands Fiserv Relationship with Mobile Banking and Payments Offerings
- 9 years 1 month ago
- Payments, Mobile Banking
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that 1st Advantage Federal Credit Union, based in Yorktown, Virginia, has added Mobiliti(TM) for mobile and tablet banking, the Popmoney(R) personal payment service for person-to-person payments, and Mobile Source Capture(TM) for remote deposit capture.
Path Solutions selected as 2015 GIFA award recipient
- 9 years 2 months ago
- Islamic Finance
Path Solutions, a pioneer and worldwide provider of cutting-edge Islamic core banking systems is proud to announce that it has been named “Best Islamic Finance Technology Provider” for a third time at the Global Islamic Finance Awards (GIFA) 2015. Launched in 2011 at the ‘First Oman Islamic Economic Forum’ in Muscat, the GIFA awards recognize and celebrate success and contributions of individuals and institutions in the Islamic financial... more
Cardtronics Enables TCF Bank to Offer Surcharge-Free ATM Access at National Upscale Discount Retailer in Midwest
TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB), is partnering withCardtronics, Inc.
Banking sector faces overwhelming testing burden due to technology fragmentation
- 9 years 2 months ago
- Banking
TestPlant, the maker of the eggPlant range of software test automation tools, today announced that its data indicates software quality departments in the banking sector are facing scalability challenges when testing applications due to the ever-growing range of devices and browsers. Conflicts between the need to roll out new applications and updates quickly, and the need to adequately test these applications, present an insurmountable challenge... more
China CITIC Bank to Implement Avaloq banking suite
- 9 years 2 months ago
- Banking, Infrastructure
The Avaloq group, an international leader in integrated and comprehensive banking solutions, will implement the Avaloq Banking Suite at China CITIC Bank International Limited (“CNCBI”).
Innovative MyStandards technology from SWIFT fast tracks bank onboarding for corporates
- 9 years 2 months ago
- Banking
SWIFT announces today that Barclays and Navigators have successfully used the MyStandards Readiness Portal, a collaborative standards management platform that eases the client on-boarding process for financial institutions and their customers. The MyStandards Readiness Portal allows users to test their messages against specifications and prove their ability to reach certain quality and straight-through processing rates, helping to improve the... more
Commercial Bank of Ethiopia launches "groundbreaking technology in Ethiopia"
- 9 years 2 months ago
- Banking, Infrastructure
The Commercial Bank of Ethiopia (CBE) has launched NetGuardians and TeamMate systems to further enhance its capacity to protect customers' data and militate against risks. The systems were implemented by SOFGEN, a leading global banking technology consulting company which is part of the giant TechMahindra group of companies.
Banks in Danger of Losing Customers as Structural and Technological Changes Drive Shift in Customer Needs
- 9 years 2 months ago
- Banking
Banks are struggling to stay relevant to a shifting customer base that is driven by technology and need to rethink their business models and value propositions to stay relevant to customers, according to a study by Anthemis Group and Claro Partners.
GFT to Launch Digital Banking Roadmap
- 9 years 2 months ago
- Banking
Digital banking goes much further than just using online technologies. It lets people decide how a bank can solve their financial challenges. It means banks can start advising customers on their needs in a consistent way and on the customersʼ terms.
Metro Bank to launch new portal for Intermediaries
- 9 years 2 months ago
- Banking, Infrastructure
The portal has been created with widespread support and input from the intermediary sector and represents the first phase of its mortgage switching initiative that will see further development throughout the year. A market first, the user friendly Product Switching Portal gives brokers clear and instant information to help them share new and existing products with homeowners in a matter of minutes.
5th Annual Middle East Banking Innovation Summit Concludes Successfully
- 9 years 2 months ago
- Banking
The two-day Middle East Banking Innovation Summit featuring 20+ presentations, over 30 speakers and more than 450 attendees came to a successful closure on Tuesday. The 5th edition of this summit reiterated its position as the leading platform in the Middle East region for the bankers to engage in idea sharing on trends and technological innovations driving the industry. The summit commenced with premium sponsors Visa, Schneider Electric and IBM... more
British customers want high street banks
- 9 years 2 months ago
- Banking
Three quarters of Britons believe branches will still exist in 2025, with shorter queues (43%), access to more experts (29%) and a more personalised service (27%) top of the list of desirable features for the bank branch of the future. Despite the adoption of online and mobile banking services and as banks continue to close branches around the UK, 57% of the 2030 respondents surveyed by cash management experts Glory Global Solutions said they... more
Global Islamic finance industry to undergo first comprehensive assessment of its 40-year history this December
- 9 years 2 months ago
- Islamic Finance
The World Islamic Banking Conference (WIBC), considered by many as the Islamic financial services industry’s compass for over two decades, continues to live up to its reputation after officially announcing today that its 22nd annual edition will provide industry leaders with a unique opportunity to critically assess Islamic finance’s 40-year history.
