Africa and Gulf Bank selects Path Solutions for strategic Islamic core banking implementation
- 5 years 3 months ago
- Core Banking, Islamic Finance
In line with its new vision to fuel innovation, Africa and Gulf Bank (“AGB”) in Sudan has signed an agreement with Path Solutions, the software specialist for the Islamic financial services industry, in which Path will provide the front-to-back iMAL suite for retail, commercial and corporate banking to be implemented as AGB’s new core banking and channels platform.
Wolters Kluwer Innovates with New Banking Tech Launch to Facilitate Paycheck Protection Program
- 5 years 4 months ago
- Banking
Wolters Kluwer Compliance Solutions has launched a dedicated banking technology solution, utilizing its market-leading SaaS-based TSoftPlus™ software, in response to the U.S. Congressional passage of the CARES Act (Coronovirus Aid, Relief and Economic Security Act). The solution, branded as Paycheck Protection Program supported by TSoftPlus™, is designed to help all U.S.
Sony Bank Secures and Enhances Mobile Banking with OneSpan’s Mobile Security Suite
- 5 years 4 months ago
- Mobile Banking
OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that Sony Bank is protecting its mobile banking transactions with OneSpan’s Mobile Security Suite.
More than 90% of UK consumers claim technology offering impacts their choice of bank, fintech finds
- 5 years 4 months ago
- Banking, Online Banking
Research conducted by new entrant to the UK fintech market, Modularbank, in partnership with market research specialists, OnePoll, has found that over 90% of UK consumers claim that a strong technology offering is important to them when choosing who to bank with. In fact, based on a survey of 2,000 UK consumers, this factor was cited more than any other as being an important factor in making this decision – more so even than interest rates,... more
Pannovate Partners with Salt Edge to Deliver Instant PSD2 Compliance
- 5 years 4 months ago
- Payments, Banking, Compliance
Pannovate, UK’s leading payment and digital banking technology company, has partnered up with Salt Edge, leader in offering open banking and secure customer authentication solutions to help organisations launch competitive PSD2 compliant banking and payments programmes in the UK and throughout Europe.
National initiative launched by Fintech Tully aims to help 17 million people in the UK who have been financially impacted by COVID-19
- 5 years 4 months ago
- Open Banking, Personal Finance, Banking
Tully, Nottingham-based Fintech, has today announced the launch of their COVID-19 Relief and Wellbeing Network to help people financially impacted by the COVID crisis get access to payment relief.
Korea’s KB Bank uses Trustonic in-app protection to enhance mobile banking experience
- 5 years 4 months ago
- Banking, Mobile Banking
Mobile cybersecurity leader, Trustonic, today announces the successful implementation by KB Kookmin Bank (KB Bank) of Trustonic Application Protection (TAP™) to enable a simpler authentication experience for users of its
Celent Recognizes Backbase as a Leader in Digital Onboarding and Origination Solutions
- 5 years 4 months ago
- Platform Technology, Banking
Backbase, the leading omni-channel digital banking platform, announced today that it has topped Celent’s Retail Banking Customer Onboarding Platform vendor assessment, winning both Celent’s Xcelent Technology 2020 Award and Xcelent Functionality 2020 Award. The report provides a rigorous analysis of the customer onboarding vendor landscape, including a profile comparison of 17 solutions. Backbase’s richness and breadth of products and solutions... more
Nordea Bank Abp’s Board of Directors proposes postponement of decision on dividend payment
In light of the COVID-19 pandemic and the related recommendation adopted by the European Central Bank (“ECB”) on 27 March 2020, the Board of Directors of Nordea has decided to propose postponement of the decision on dividend payment for the financial year 2019 and therefore to change its proposal for dividend payment to the Annual General Meeting planned to be held on 14 May 2020.
1 in 3 Micro-businesses Risk Breaking Tax Rules by Failing to Separate their Personal and Business Bank Accounts
- 5 years 4 months ago
- Banking, Tax Authorities
A survey carried out by 3Gem for Amaiz, the new banking app, has revealed that just over 30% of micro-businesses don’t have a separate business bank account. These businesses risk muddling business and personal expenditure and breaking tax rules. The survey also found that 44% of micro-businesses are usually spending at least 3 hours a week on admin, with one in five spending around a day a week on getting the books in order.
Deloitte and FintechOS, partners in CEC Bank’s digital transformation
- 5 years 4 months ago
- Banking
Deloitte Romania and FintechOS have created and implemented the technical solution for the “Welcome” package, which CEC Bank has integrated with its legacy systems, allowing it to launch, in March, a complex project aimed at digitalizing the products and services provided by the bank to customers in Romania and abroad. The package can be accessed 100% online and includes a current account, a debit card and access to the Mobile Banking service.
NYMBUS SmartLenders™ Program Enables Financial Institutions to Immediately Assist Small Businesses Impacted by COVID-19
- 5 years 4 months ago
- Banking
NYMBUS® will help all financial institutions respond to the impact of COVID-19 through its live new program that provides the fastest processing of Small Business Administration (SBA) Paycheck Protection loans, enabling participating banks and credit unions to deliver instant financial relief for their small business customers.
ICICI Bank launches banking services on WhatsApp
- 5 years 4 months ago
- Online Banking
ICICI Bank today announced the launch of banking services on WhatsApp to enable its retail customers to undertake a slew of banking requirements from their home at a time when they are advised to stay indoors in the wake of the nationwide lockdown to fight against corona virus.
Sony Bank Launches New Service “English online banking”
- 5 years 4 months ago
- Online Banking
Sony Bank Incorporated today announced the launch of a new English-language online banking service, aiming to provide foreign residents in Japan a seamless, hassle-free way to open a bank account and conduct everyday banking in English.
ING provides update on dividend in the context of the coronavirus pandemic
ING is fully committed to helping our customers and supporting society in coping with the coronavirus pandemic. In many countries we are working with the local industry and governments to provide businesses and individuals the necessary financial flexibility while ensuring we continue to play the vital role banks have in society, providing key banking services through our network.
