Accuity Research Shows 25% Drop in Global Correspondent Banking Relationships Linked to De-risking
- 8 years 2 months ago
- Banking, Infrastructure
Recent banking research (“the Research”) from Accuity, the global financial crime compliance, payments and KYC solutions provider, has revealed that between 2009 and 2016, correspondent banking relationships, where one financial institution provides services on behalf of another in a different location to facilitate cross-border payments, have reduced globally by 25%. This comes despite the fact that global GDP per capita grew during the same... more
Sberbank AGM First to Use NSD E-voting Platform
- 8 years 2 months ago
- Banking
National Settlement Depository (NSD), Russia’s central securities depository, has completed development of the e-voting platform. The new service will be used for the first time at Sberbank’s annual general meeting of shareholders summing up the 2016 results. The e-voting platform is a universal voting mechanism. It enables security holders not only to remotely participate in shareholder meetings held via either joint presence but also to vote... more
OCC and EquiLend Clearing Services Partners with CCP Securities Lending
- 8 years 2 months ago
- Wholesale Banking
OCC, (Options Clearing Corporation) the world's largest equity derivatives clearing organization, and EquiLend Clearing Services (ECS), the global securities finance trading platform and technology provider, have joined forces to bring greater access to central counterparty clearing in the securities finance marketplace.
Iam Bank to Start Professional Therapist at Finance Workshops
- 8 years 2 months ago
- Banking
Enterprising, global digital-only bank, iam bank (iam), which launches in September 2017, will roll out free learning and therapy-based financial workshops across the UK and USA to educate and empower consumers around their financial decisions; a move which is the first of its kind.
EBA Introduces Consultation Services on PSD2 Security Guidelines
- 8 years 2 months ago
- Banking, Consultancy
The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on security measures for operational and security risks under the revised Payment Services Directive (PSD2). The Guidelines have been developed in close cooperation with the European Central Bank (ECB), and are in support of the objectives of PSD2, such as strengthening the integrated payments market in the EU, mitigating the increased security risks... more
Emirates NDB to Launch Cheque Chain Initiative to Integrate Blockchain Technology into Cheques
- 8 years 2 months ago
- Banking
Emirates NDB, a leader in the regional banking industry, unveils the launch of “Cheque Chain”, a technological advancement that will embed blockchain technology into cheques to strengthen their authenticity decrease potential fraud. The implementation of the Cheque Chain initiative is scheduled for the second half of the year.
BNP Paribas Signs a Global Partnership with Snap
- 8 years 2 months ago
- Banking
BNP Paribas, first European bank to sign a global partnership with Snap Inc., the parent company of Snapchat. With this new collaborative initiative, BNP Paribas strengthens its proximity to Millennials and anchors its position as the leading bank on social networks.
PrivatBank Selects Verifone for POS Solutions
Verifone, a world leader in payments and commerce solutions, announced that it has been selected as the payment solution and service provider for PrivatBank, the largest acquirer in Ukraine.
Market Gravity to Launch Experiential Banking Innovation Lab – Studio B
- 8 years 2 months ago
- Banking, IT Innovations
Clydesdale and Yorkshire Banks has partnered with Market Gravity to design, implement and launch an experiential banking innovation lab – Studio B.
Hamburger Sparkasse Extends Partnershipl with Diebold Nixdorf
- 8 years 2 months ago
- Banking
Hamburger Sparkasse (Haspa), Germany's largest savings bank, has extended its successful IT outsourcing partnership with Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, for an additional seven years.
Temenos Announces a Winner at Innovation Jam Final
- 8 years 2 months ago
- Banking
Temenos, the software specialist for banking and finance, has today announced that the winner of its global Innovation Jam contest is fintech start-up Paykey. PayKey is the world’s first payment keyboard. PayKey uses patent-pending payment technology that works with popular messenger apps. Users just tap the "$" key to unlock payment mode directly within the app to transfer funds. PayKey, winners of the heat in Miami, was selected by a panel of... more
LCH Ltd Launches Norwegian Krone Aaccount with Norges Bank
- 8 years 2 months ago
- Banking
LCH Ltd, a leading global clearing house, announced today that it has established deposit and intraday liquidity facilities with Norges Bank, the central bank of Norway.
Temenos Reveals the Winners of its Annual Partner Awards
- 8 years 2 months ago
- Banking, Financial, Infrastructure
Temenos (SIX: TEMN), the software specialist for banking and finance, announced the winners of its annual Partner Awards. The awards, which recognise outstanding performance in delivery of complex banking projects was announced at the 18th annual Temenos Community Forum in Lisbon. Sales Partner of the Year Capgemini won this award for the role it played in helping Temenos secure its largest deal of 2016 with Bank of Ireland the largest bank in... more
Two Weeks Until RFi Group’s Global Digital Banking Conference
- 8 years 2 months ago
- Banking
On 11th May 2017, global business intelligence and digital media provider RFi Group will present the Global Digital Banking Conference ‘Winning the Customer of the Future’ at Gibson Hall in London. From London and around the world, key speakers include:
Temenos to Unveil Open Banking Services on its MarketPlace Platform
- 8 years 2 months ago
- Banking, Infrastructure
At the 18th annual Temenos Community Forum in Lisbon, 27 April 2017, Temenos (SIX: TEMN) today announces the launch of open banking- and PSD2 -targeted services to facilitate the exchange of value between banks and fintech companies. These cloud-based services extend Temenos’ award-winning MarketPlace initiative to allow Temenos customers to take advantage of the move to open banking. The Open Banking Opportunity
