Saxo Bank Reports White Label Partnership with Lufax
- 10 years 4 months ago
- Banking
Saxo Bank, the online multi-asset trading and investment specialist, has today announced a new white label partnership with Lufax, China’s largest internet finance company. The partnership, expected to launch within the next three months, will see Lufax leverage the trading technology that underpins the award-winning SaxoTraderGO – providing Lufax’s considerable client base with a seamless experience across mobile and desktop platforms,... more
FIME Reports its Strategic Partnership with Alhamrani Universal
- 10 years 4 months ago
- Payments, Banking, Infrastructure
FIME today announces its latest partnership with Alhamrani Universal Co Ltd. in the Kingdom of Saudi Arabia (KSA). Issuing and acquiring banks in KSA can now access FIME’s full range of test tools, consultancy, training and testing services directly from Alhamrani Universal. Banks will benefit from the close support network delivered by a regional partner in local languages and currency.
Infosys Helps Commerzbank to Remodel its Investment Banking IT Architecture
- 10 years 4 months ago
- Banking, IT Innovations, Infrastructure
Infosys has won a five-year contract with Commerzbank, the second largest bank in Germany. As part of this agreement, Infosys will remodel the bank’s investment banking IT architecture, optimize IT processes, and evaluate a potential Post-Trade Processing Utility. The Utility would then focus on the clustering of trade processing platforms across various product types. The remodeling of its existing IT architecture provides an even closer... more
MIT Signs Contract with OCBC Bank to Boost TRAC System in Singapore
- 10 years 4 months ago
- Trade Finance, Banking, Infrastructure
MIT successfully acquired yet another new major customer when it signed a contract with OCBC Bank, on May 10th 2016 to support the bank’s Commodity Trade Finance business with its TRAC (Trade Risk Active Control) system. “We are excited to break into the Asian market”, says Paul Cohen Dumani, General Manager at MIT, adding that “MIT increases its footprint in Singapore with NATIXIS Singapore already using TRAC”.
Voice Biometrics Authentication Available for Citi’s Consumer Banking Customers in Asia Pacific
- 10 years 4 months ago
- Banking, Security, Authentication Technology, Infrastructure
For Citi’s Consumer Banking customers in Asia Pacific, remembering multiple PINs and responding to a series of questions to verify their identities as they call into the bank will soon be a thing of the past. Voice biometrics authentication has been implemented in Taiwan with Australia, Hong Kong and Singapore to follow in the upcoming weeks. It will be rolled out throughout the region in 2016 and 2017 to cover all 12 of Citi’s consumer banking... more
New Digital Banking Platform USP Goes Live
- 10 years 4 months ago
- Banking, Infrastructure
Unisys Corporation unveiled a collaboration with Sandstone Technology and Payment Card Technologies (PCT) to launch the Unisys, Sandstone and PCT (USP) digital banking platform. The new solution is designed to help financial institutions meet the changing needs of their customers by delivering secure digital banking services via multiple platforms including mobile devices, tablets and internet browsers.
BankservAfrica Implements INTIX Data Management Technology to African Banks
- 10 years 4 months ago
- Banking, Data Management, Infrastructure
BankservAfrica, headquartered in Johannesburg and operator of Africa’s largest interoperable payments switch, will implement the INTIX Data Management technology to financial institutions’ customers located in South Africa and other African countries.
Ovamba Nominated Innovation in Banking Award at African Banker Awards 2016
- 10 years 4 months ago
- Banking, IT Innovations
Ovamba Cameroon Solutions an online African funding and logistics services provider for MSMEs (micro, small and medium sized businesses), has been shortlisted by African Banker magazine in its annual awards programme forInnovation in Banking. Now in their 10th year, the awards are open to all African financial institutions, including banks, micro-financiers, investment banks, development finance institutions and other financial services... more
Bank of Palestine Launches its First Overseas Office in Dubai
- 10 years 4 months ago
- Banking
Bank of Palestine, the largest financial institution in Palestine, has set up its first international representative office worldwide at the Dubai International Financial Centre (DIFC), the global financial hub connecting businesses and institutions with emerging market opportunities across the Middle East, Africa and South Asia (MEASA).
Misys Receives Double Award at The Asian Banker Risk Management Awards 2016
- 10 years 4 months ago
- Banking, Risk Management, Infrastructure
Misys scooped two award wins alongside Bank of Beijing and Vietnam Technological & Commercial Joint Stock Bank (Techcombank). The accolades mark separate transformation projects in the Asia Pacific region.
Bank ABC Benefits from Nasdaq BWise GRC Platform
- 10 years 4 months ago
- Security and Compliance, Banking
Nasdaq BWise selected by Bank ABC, an international bank headquartered in Bahrain, to support and further enhance their risk management, compliance and internal audit processes as well as reporting. By implementing the BWise integrated GRC platform, Bank ABC will reduce the burden and costs of compliance, gain control over their key organizational risks and streamline their audit processes. The BWise integrated GRC platform will enable Bank ABC... more
Greek Companies to Get Support from Alpha Bank, Eurobank and KKR
- 10 years 4 months ago
- Trading Systems, Banking, Infrastructure
Alpha Bank, Eurobank and KKR Credit have reached a binding agreement today by which the banks agree to assign the management of credit and equity exposures to a selected number of Greek companies into a platform managed by Pillarstone. Subject to final Board approval, the European Bank for Reconstruction and Development (EBRD) is considering co-investing in partnership with KKR and the banks.
Sibos 2016 Geneva Will be Opened by Chairman of the Swiss National Bank
- 10 years 5 months ago
- Banking, FinTech StartUps, IT Innovations, Infrastructure
Sibos announces that Thomas J. Jordan, Chairman of the Governing Board of the Swiss National Bank, the central bank of Switzerland, will give the opening address at Sibos 2016 in Geneva.
First Bank Strengthens its Midwest Leadership Team with New Hire
- 10 years 5 months ago
- Banking, People Moves
First Bank announces that Rick Sems has been appointed Regional President for the Midwest. Sems is joining First Bank from Reliance Bank, where he served as President and CEO, leading the bank to record profits. He brings a background in strategic planning and a proven record of accomplishment in both a large bank and community banking environment.
Path Solutions Strengthens Position in Islamic Banking With New Award
- 10 years 5 months ago
- Banking, Islamic Finance
Path Solutions has been voted ‘Islamic Banking Solution Provider of the Year' at the 2016 edition of Beacon of ICT (BoICT) Awards held on April 23rd at the prestigious Eko Hotels and Suites in Lagos, Nigeria.
