Andigo Credit Union Offers Award-Winning Financial Literacy Program Free for Local Classrooms
Local high school students are getting a free education in how to manage their money. Andigo Credit Union is working with Banzai, a national award-winning financial literacy program, to make curriculum available to seven Cook and DuPage County high schools, completely free.
The Housing Bank for Trade & Finance – Bahrain to Complete 2-weeks Assessment and Training Sessions on ICS BANKS’ latest features
- 6 years 9 months ago
- Banking, Islamic Finance
ICSFS conducted a two-week intensive assessment and training sessions that were held at the Housing Bank for Trade and Finance (HBTF) in Manama, Bahrain. The assessment and training attendees were from HBTF senior executives, where the program covered the latest features of ICS BANKS Core Banking including front and back office branch operations services, Remittances, Credit Facility & Risk Management, Trade Finance, latest Lending products... more
New industry research finds AI, robotics and automation will be central to the future of financial services
- 6 years 9 months ago
- Banking
A majority (55%) of banking and wealth management professionals view Artificial Intelligence (AI), robotics and automation as the most significant developments that will shape the future of the global financial services industry. According to new industry research1 by Swiss fintech Avaloq, additional key developments include the increasing use of more open and collaborative platforms (cited by 34%), and the rise of distributed ledger... more
Fintech company Ohpen enters pension market through partnership with TKP
- 6 years 9 months ago
- Banking, Core Banking
Today, TKP Pensioen and core-banking provider Ohpen announce their cooperation in the DC pensions sector. With this move, the pension administrator is looking to realise its ambitions in this area, while for Ohpen the partnership will allow it to enter the pensions market. Both parties expect a great deal from this win-win situation.
Temenos MarketPlace and Codat bring accounting integration for banks
- 6 years 9 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announces that Codat has joined Temenos MarketPlace. Codat provides a universal API which connects to the most widely used business accounting platforms. Through Temenos MarketPlace, Temenos’ platform for connecting banks with the best in complementary fintech solutions, the company will provide pre-integrated access between banks and their Small and Medium-Sized Enterprise (SME) clients’... more
EMQ Opens Gateway to China
- 6 years 9 months ago
- Banking
EMQ, a global financial settlement network today announced that customers from around the world can make secure and reliable cross-border money transfers to their family or friends leveraging the company’s extensive real-time pay-out network.
Revolut enters UK savings market with easy-access account that offers a market-leading rate of 1.35%
- 6 years 9 months ago
- Banking
Revolut, the global financial platform with over ten million customers in the UK and Europe, has today entered the UK savings market, in partnership with Flagstone, offering an easy-access savings account with a limited market-leading interest rate of 1.35% AER. The new Savings Vault, which is FSCS protected up to £85,000 through Paragon Bank, is an addition to Revolut’s popular Vaults feature.
Barclays announces new fintech partnership with insurance pioneer, Nimbla
In a high street banking first, Barclays has announced a partnership with Nimbla, a pioneer of single invoice insurance. Barclays’ one million SME clients will have the opportunity to benefit from the partnership, with the new ability to take out insurance against individual invoices, rather than the whole book.
PeoplesBank Selects NYMBUS SmartMarketing™ & SmartOnboarding™ Platform
NYMBUS, a provider of the world’s most advanced financial services platform, today announced
Bankingblocks Teams up with WL Payments
Bankingblocks, an Amsterdam-based wholesale banking provider for fintech and payment companies, teams up with WL Payments to provide a true omni-channel, universal payment gateway.
Temenos helps new U.S. digital banks go live in 90 days with the most functionally rich and technologically advanced, front-to-back SaaS digital banking offering
- 6 years 9 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today launches a front-to-back banking software as a service designed uniquely for the US market – with pre-integrated U.S. banking products and services designed to deliver an outstanding customer experience. Leveraging the power of its Temenos Infinity and Temenos Transact banking products built on its modern cloud-native, cloud-agnostic and API-first technology, Temenos has developed the... more
Backbase Opens New APAC headquarters in Singapore
- 6 years 9 months ago
- Banking
Digital banking software provider, Backbase, has today announced the launch of its new regional headquarters in Singapore. Off the back of strong growth in the past few years, the regional centre in Singapore will strengthen its regional footprint to ensure greater proximity to clients and provide high-quality services and expertise to businesses in Asia Pacific (APAC).
CaixaBank applies artificial intelligence to augment employee training
- 6 years 9 months ago
- Banking
CaixaBank has started to use artificial intelligence to improve the acquisition of new skills among its employees. The financial institution, chaired by Jordi Gual and with chief executive officer Gonzalo Gortázar, has launched a new version of Virtaula, an online training platform for its entire workforce, incorporating artificial intelligence to identify each employee's areas of interest and recommend courses tailored to their individual... more
Open Banking Customer Numbers Surge
- 6 years 9 months ago
- Banking
Customer use of Open Banking in the UK has surpassed the one million customer mark for the first time, doubling in the past six months. The figures, generated by the Open Banking Implementation Entity (OBIE), only represent customers of the CMA9, the nine biggest current account providers in Great Britain and Northern Ireland. The doubling in customer numbers mirrors similar growth in third party service providers. Currently there are 204... more
TSB to Create 100 IT Jobs at New Digital Banking Centre in Edinburgh
- 6 years 9 months ago
- Banking
TSB is to create 100 jobs at a new IT centre to be set up in Edinburgh as part of its digital banking strategy to avoid a repeat of its system meltdown. The new staff in Edinburgh will be IT specialists, data engineers and analysts. The bank has suffered online banking problems under a new system introduced in 2018, with 200 million customer temporarily losing access to their accounts in April of that year.
