Akana Platform to Power Barclays Developer Hackathon
- 8 years 11 months ago
- Banking, IT Innovations
Akana announced that its Akana Platform will power the app development efforts at the upcoming Barclays Hackathon. By joining forces with Barclays to sponsor the July 20-21 Hackathon, Akana and Barclays will showcase the same technology that the bank itself is using to manage APIs in its Barclays Developer Network (BDN), a strategic platform for exposing and managing APIs external to Barclays.
Path Solutions Receives Double Award at the ACQ5 Global Awards 2016
- 8 years 11 months ago
- Islamic Finance
Path Solutions, a leader in Islamic banking software solutions and services, is proud to announce that it was named ‘International Core Banking System Provider of the Year – Islamic Finance’ for the third consecutive year at the ACQ5 Global Awards 2016. Hot on the heels of this recognition came a second accolade, also from ACQ5 for the company’s iSHRAQ*Microfinance solution which has won the same category last year.
Barclays Unveils Digital Banking Hackathon with MuleSoft
- 8 years 11 months ago
- Banking, IT Innovations, Infrastructure
MuleSoft, provider of the leading platform for building application networks, today announced that it has partnered with Barclays to host a digital banking hackathon. The hackathon will take place at Barclays Technology Centre Radbroke in Cheshire on July 20 and 21. The event aims to foster innovation and harness technology to build a range of new financial services solutions.
D+H Adds ALLL Tool to CreditQuest® Portfolio Manager
DH Corporation, a leading provider of technology solutions to financial institutions globally, today announced the launch of the Allowance for Loan and Lease Losses tool in CreditQuest® Portfolio Manager. The new ALLL tool will support existing reserve methodologies and the new Current Expected Credit Loss standards. The new CECL standards involve several major changes to the way that financial institutions gather and analyze data and plan for... more
D+H Selected by Union Bank of the Philippines Cash Management Services
- 8 years 11 months ago
- Cash management, Banking
DH Corporation a leading provider of technology solutions to financial institutions globally, announced that Union Bank of the Philippines, which provides banking products and services to more than 7,000 corporate clients, has entered into an agreement with D+H to provide it with a suite of cash management solutions.
Source Technologies Enhances its Personal Teller Machine
- 8 years 11 months ago
- Banking, IT Innovations, Infrastructure
As financial institutions look to enhance their branch experiences for customers, Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, announced enhancements to its Personal Teller Machine, which now includes proximity sensing and the ability to pre-stage transactions.
IFX Forum Unveils Results of Open Banking APIs Summit Event
- 8 years 11 months ago
- Banking, Infrastructure
The IFX Forum today announced the results of its recent Open Banking APIs Summit event, held June 21-23 at the U.S. Bank facility in Minneapolis, Minnesota. This special meeting of the Forum's Architecture Committee was convened to seek a standardized way to address the growing impetus for banks to provide more open access to their data, in place of proprietary APIs being developed by financial institutions and vendors.
FIS Completes Technology Transformation with Bank Leumi USA
- 8 years 11 months ago
- Payments, Banking, IT Innovations, Infrastructure
FIS announced the completion of one of the industry’s most unique transformational projects with Bank Leumi USA.
Earthport Signs a Deal with Bank of The Bahamas
- 8 years 11 months ago
- Banking
Earthport has partnered with Bank of The Bahamas Limited, to provide local payment capability into The Bahamas. Through this new partnership Earthport will help support the efficient, secure and cost effective payment services into the country and further strengthen payment capability into the Caribbean. Currently, this market is only available for financial institution clients due to a condition of Earthport’s regulatory approval in the Bahamas.
Gulf Bank Gets Distinction by IFM 2016 Awards
- 8 years 11 months ago
- Banking, Retail Banking
London-based International Finance Magazine has conferred the 2016 award for 'Best Retail Bank' and 'Best Retail Customer Service Bank' in Kuwait to Gulf Bank. Gulf Bank was established in 1960 and has since progressed to becoming an industry-leading financial services provider complemented by a large network of 56 branches strategically positioned in key locations in Kuwait.
Lloyds Banking Group: Online Lending to Small Businesses Soars in Two Years
- 8 years 11 months ago
- Alternative Finance
The latest figures for Lloyds Banking Group, which includes Lloyds Bank and Bank of Scotland, show that the total amount of online lending to small businesses has doubled in the past two years*, as more businesses are making the move online to manage their banking. The annual value of online lending to small businesses (those with a turnover of less than £1m) is increasing at an even greater rate, with online lending to small business customers... more
Big Banks Can Provide All They Want But the Postal Banking is Still Active
- 8 years 11 months ago
- Banking
Canadian Union of Postal Workers say there are issues on the table, including bringing back postal banking, an idea which has just been rejected by the big bank lobby. "We're not surprised that the big banks, which raked in a $35 billion profit last year by gouging Canadians with some of the highest fees in the world, would oppose a public banking option," said Mike Palecek, president of the Canadian Union of Postal Workers.
Climate Change: Impact on Financial Institutions
- 8 years 11 months ago
- Banking, Risk Management
Global warming adds significant new risks for the world's banks, insurers and pension funds, warns a study published by the Global Risk Institute. "Given the financial service industry's heavily integrated role in society, it is particularly susceptible to the risks associated with climate change," the study notes. "It must therefore ensure that proper climate change strategies and risk management procedures are in place in order to remain... more
TSYS Renews its Agreement with Lloyds Banking Group
- 8 years 11 months ago
- Banking, Infrastructure
TSYS announced that Lloyds Banking Group, the UK's leading provider of current accounts, savings, personal loans, credit cards and mortgages, has renewed its agreement with TSYS to continue to process the bank’s UK commercial card portfolio.
Encentus Federal Credit Union Opts Fiserv's Portico Technology Suite
- 8 years 11 months ago
- Banking
Fiserv, a leading global provider of financial services technology solutions, announced today that Encentus Federal Credit Union, based in Tulsa, Oklahoma, has selected the Portico® core account processing platform with an integrated solution suite that includes digital banking and lending services.
