Fifth Third Bank Partners With QED Investors for FinTech Innovation
- 9 years 7 months ago
- Investment, Banking
Fifth Third Bank is partnering with venture capital (VC) firm QED Investors to bring new products and services to their banking customers. The VC firm will advise the Ohio-based bank and support its NorthStar strategy to “enhance offerings through technology”. Tim Spence, executive vice-president and chief strategy officer for Fifth Third Bank says the partnership “should enable us to identify new, high-potential technologies to complement our... more
DeVere Group Opens Private Bank
- 9 years 7 months ago
- Banking
Financial adviser firm DeVere Group has unveiled its own private bank, DeVere Group Bank St Lucia. The company says the launch “has been facilitated” by the acquisition of St Lucia-based Arton Bank for an undisclosed sum. Arton Bank was set up and licensed in 2014 under the Offshore Banking Act 1996. Founder and CEO of DeVere Group, Nigel Green, says the move into the private banking sector “has been largely driven by demand from clients who are... more
Small World signs Allied Bank to expand its presence in Pakistan
Small World Money Transfer, a leading provider of cross-border payment services in Europe and North America, is today announcing its partnership with Allied Bank Limited (ABL), one of the leading banks in Pakistan, through its Home Remittance Division.
GFT boosts its retail banking offering in the UK and North America
- 9 years 7 months ago
- Banking, Retail Banking
GFT, the leading provider of business, design and technology consulting to 8 of the top 10 global banks, today announces that it is expanding its retail banking practice in the UK, supported by the appointment of senior hire Christian Ball, who joins as Head of Retail across the GFT Atlantic Region.
Mizuho Bank Opts for Thomson Reuters FX Trading
- 9 years 7 months ago
- Trading Systems, Banking
Leading Japanese bank Mizuho has integrated Thomson Reuters next generation FX desktop, FX Trading (FXT), into their trading workflows. FX Trading brings together all of Thomson Reuters FX transaction venues onto a comprehensive end-to-end platform to streamline workflows and create a single point of access to the industry’s largest collective independent pool of FX liquidity.
Fiserv signs De Surinaamsche Bank
- 9 years 7 months ago
- Banking, Core Banking
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that De Surinaamsche Bank (DSB), the largest commercial bank in Suriname, has extended and expanded its long-standing relationship with Fiserv. DSB will implement DigitalAccess from Fiserv to enable online and mobile banking for retail and commercial customers. In addition, the bank is upgrading to the latest version of the... more
ACI unveils latest version of UP Immediate Payments
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the latest version of its UP Immediate Payments solution. Available via a SaaS delivery model or on-premise, UP Immediate Payments is highly flexible and adaptable, providing access to all Immediate Payments (IP) schemes globally.
Backbase to showcase ‘The Everyday Bank’ at Finovate Europe 2017
- 9 years 7 months ago
- Transaction Banking, Banking
Backbase, two time winner of Finovate ‘best of show’, returns to unveil its latest innovation for digital banking at Finovate Europe.
Misys Launches New Crowdlending Module to All Customers
- 9 years 7 months ago
- Banking, Crowdfunding
New module enables retail and corporate banks to grow their lending business and recapture P2P market share Today, at its Connect Forum in Paris, Misys launched its new crowdlending module. Misys FusionBanking CrowdLending supports retail and corporate banks in delivering funding to all customers, from the individual to SMEs and large corporations. It opens the door for banks to claim a stake in the accelerating global loan origination market, ... more
Self-service Banking Asia - a Spotlight on the ATM Markets
- 9 years 8 months ago
- Banking
Asia: where energy meets innovation The Philippines and its neighbouring countries are among the most exciting ATM markets in the world. Banks are expanding their networks rapidly and are in a position to take advantage of the wide range of innovative solutions that today’s digital ecosystem has to offer. Low levels of banking penetration means that the opportunities to reach new customers are huge. Local and international banks share ideas and... more
RSRCHXchange Survey Reveals Decrease in Bank Research Spend Ahead of MiFID II
- 9 years 8 months ago
- Banking
RSRCHXchange, the online aggregator and marketplace for institutional research, today released the results of a survey analysing the readiness of asset managers for the research unbundling rules coming into effect in January 2018 as part of MiFID II. The survey was conducted towards the end of last year by polling company Survation, who canvassed the views of 234 respondents, representing over 200 firms and $15trn of AUM, making this the biggest... more
Wa! mobile wallet is now secured by Gemalto
- 9 years 8 months ago
- e-Payments, E-Wallets, Banking
Gemalto, the world leader in digital security, is supplying BNP Paribas, a leading European bank, with Mobile Protector, a highly secure solution to protect Wa!, an innovative multi-brand, omni-channel mobile wallet that combines payments, shopping coupons and loyalty programs.
Atom Bank adds two new market leading products to Fixed Saver range
- 9 years 8 months ago
- Banking
Atom Bank, the UK’s first bank built exclusively for mobile, announces two new accounts to its current market-leading Fixed Saver range, with three year and five year products available from today. Details of the new products are:
Avidbank Expands LightPath Technologies Credit Facilities with a $5 Million Acquisition Term Loan
Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided LightPath Technologies with new a $5 million acquisition term loan in addition to renewing an existing line of credit. Headquartered in Orlando, Florida, and with facilities in Shanghai and Zhenjiang, China, LightPath designs, manufactures, and distributes optical and infrared components and sub-systems, and custom optical... more
Temenos Named Digital ‘Market Leader’ in Ovum Decision Matrix
- 9 years 8 months ago
- Banking, Financial, Infrastructure
Temenos (SIX: TEMN), the software specialist for banking and finance, has been named a market leader in the Ovum Decision Matrix (ODM): Selecting a Digital Banking Platform, 2017-18; and presents details of Temenos User Experience Platform (UXP) v6.0, the first and only platform on the market for intuitively creating and managing apps and content with a single toolset and skillset.
