Fintech pioneer Advanced Payment Solutions succeeds in challenging high street banks
Today Advanced Payment Solutions (APS), an established UK fintech banking services provider, reports a 78% revenue increase in its SME business in the past year, as sole-traders and microbusinesses look beyond traditional banks for their financial solutions. This was complemented by a threefold increase in its rapidly growing credit portfolio.
Avaloq To Implement the Avaloq Banking Suite at Swiss Life Banque Privée
- 9 years 3 months ago
- Banking, Infrastructure
The Avaloq group, an international leader in integrated and comprehensive banking solutions, has successfully implemented the Avaloq Banking Suite at Swiss Life Banque Privée. Swiss Life Banque Privée has chosen the Avaloq Banking Suite for its private banking and securities holding activities, based on its broad functional coverage, adaptability and integration flexibility.
Global banking sector saves half billion pounds with operations performance management
- 9 years 3 months ago
- Banking
Banks have reclaimed over forty million hours of valuable working capacity that would otherwise have been lost or not used effectively, new figures from the specialist operations performance management firm ActiveOps have revealed. In its ten years working with a growing number of banks around the world, this has resulted in cost savings of over £500m through improved operations productivity while allowing banks to improve customer experience.
Atom Bank To Contract With Iress
- 9 years 3 months ago
- Banking, Infrastructure
UK startup Atom Bank is to be the first client for a re-engineered mortgage origination platform designed to meet the needs of digital challenger banks by Iress
Virgin Money to Open Branch in the Style of Airline
- 9 years 3 months ago
- Retail Banking
Not content with having an actual airline, Richard Branson has decked out the newest Virgin Money branch in the style of a plane cabin, complete with a cockpit simulator playroom for kids. The sixth Virgin Money 'lounge' on Haymarket in London has an entrance level where customers can watch TV, browse through banking information on a huge interactive touch screen display, or relax in front of a virtual fish tank, complete with virtual Richard... more
RedCloud and Insiyabi sign contract for mobile-banking solution in Africa, Asia and the Middle East
- 9 years 3 months ago
- Wholesale Banking, Mobile Banking
RedCloud Technologies and Insiyabi sign a Partnership to bring secure Mobile Financial Solutions to the Banked and Bankable across Africa, Asia and the Middle East. Faisal Gill, Executive Director, MEA & Asia at RedCloud had this to say about the partnership; “RedCloud support those organisations who launch highly disruptive digital financial services whether they are; Banks, Financial Technology (FinTech) business, mobile network... more
Glory Global Solutions partners with Atos
- 9 years 4 months ago
- Payments, Retail Banking
Atos, an international leader in digital services, and Glory Global Solutions, a pioneer in the development and manufacture of cash managing equipment and systems, today announced a preferred partnership agreement to enhance the provision of Managed Services to customers throughout the retail cash chain.
API Banking Startup, Standard Treasury To Join Silicon Valley Bank
- 9 years 4 months ago
- Banking
Silicon Valley Bank, the bank of the world's most innovative companies and their investors, announced it has hired the team from startup company Standard Treasury to help accelerate the development of its API (application programming interface) banking services that will enable easier collaboration, product development and integration with SVB's clients.
Lloyds Banking Group collaborates with Cambridge Judge Business School on banking innovation
- 9 years 4 months ago
- Banking, IT Innovations
Lloyds Banking Group and the Cambridge Judge Business School undertook a unique collaboration to look at innovative digital opportunities for the future of banking and our customers. As part of their MPhil in Management programme, students from the university participated in an intense six-week programme to deepen the understanding of three challenge areas set by Lloyds Banking Group: identity, social and gamification.
Bank of America Merrill Lynch joins GMEX Exchange
- 9 years 4 months ago
- Banking
Bank of America Merrill Lynch, one of the world’s leading financial institutions, will be a participant of the GMEX Exchange when the exchange launches on 7th August 2015. Bank of America Merrill Lynch will offer execution and clearing services, for the GMEX products, to its client base.
Profile Software launches its new website and logo!
- 9 years 4 months ago
- Banking
Profile Software, an international banking and investment management solutions provider, announced today the launch of its new website and new brand logo to reflect the innovative approach inherent in its product line and celebrate its 25 years of successful operations.
SNL Financial ranks the largest 100 banks in the world
- 9 years 4 months ago
- Banking
SNL Financial has released its annual ranking of the world’s largest banks by total assets, finding that China now has four of the five largest banks in the world after weakening currencies pushed French and Japanese companies out of the top five this year.
Bank Leumi To Select Temenos For Core System Renewal
- 9 years 4 months ago
- Banking, Infrastructure
Temenos (SIX: TEMN), the market leading provider of mission-critical solutions to the financial services industry, today announces an agreement with Bank Leumi to commence a major project to renovate its existing outdated core systems with Temenos’ T24, its core banking software, and Temenos Connect, its solution for digital channels.
CSC and HCL Technologies Signed a Definitive Joint Venture Agreement
- 9 years 4 months ago
- Banking
CSC, which currently serves over 100 banking and financial services clients in 15 countries, will provide its core banking, cards, payments and default management industry software and product development expertise to the venture. HCL, which draws 25% of its revenue from the banking sector, will provide capital investment, experience in product engineering and application implementation services, as well as banking sales and client engagement... more
Mexico central bank expected to hold rates, hint at Sept hike
- 9 years 4 months ago
- Banking
Mexico's central bank is expected to hold borrowing costs steady on Thursday but signal that it is ready to follow the U.S. Federal Reserve with an interest rate hike to prop up a slumping peso. All 24 analysts polled by Reuters expect Banco de Mexico to hold its key rate at 3.0 percent on July 30, thanks to tame inflation and despite a dramatic tumble in the peso to a new record low this month. But fears of further peso volatility and investor... more
