First National Bank Customers Can Now Manage Debit Cards from Mobile Banking with New Module for Mobiliti from Fiserv
- 8 years 7 months ago
- Banking
Fiserv, a leading global provider of financial services technology solutions, today announced that First National Bank of Pennsylvania, the largest subsidiary of F.N.B. Corporation (NYSE:FNB), has upgraded to the latest version of the Mobiliti Advantage™ mobile banking and payments platform and added mobile card control capabilities. The bank is the first Mobiliti client to integrate card control capabilities into their mobile app.
Equifax Can Help Financial Institutions with Military Lending Act Requirements
- 8 years 7 months ago
- Banking, Infrastructure
Equifax, a global information solutions powerhouse, announced that it is ready to assist banks with the new Military Lending Act (MLA) requirements. Beginning Oct. 3, 2016, creditors will be required to verify whether a consumer is a covered borrower before originating or closing certain credit products and retain the record for five years. The Equifax MLA solution helps lenders by providing an indicator of covered borrower status either in a... more
Axion Swiss Bank and Avaloq sign long-term contract for BPO services
- 8 years 7 months ago
- Banking
The specialised asset manager Axion Swiss Bank has signed a long-term contract with Avaloq for full Business Process Outsourcing (BPO) services. By partnering with Avaloq, the bank will benefit from the same advantages as its parent company BancaStato, which has been relying on Avaloq’s expertise and competence since 2012. The migration is expected to be completed by the beginning of January 2017.
Access to Deals and Information Drives Faster Major Purchase Decisions
- 8 years 7 months ago
- Retail Banking
Empowered with research, reviews and real-time discount information, shoppers making purchases of $500 or more are more decisive and deal-oriented than ever before, according to Synchrony Financial’s Fifth Annual Major Purchase Consumer Study.
nCino Introduces Loan Auto Decision to its Bank Operating System
nCino, the worldwide leader in cloud banking, has introduced Loan Auto Decision to its Bank Operating System, enabling financial institutions to automatically run loan requests against their existing, proven credit policies, rendering decisions and providing customers with funds more quickly and efficiently than ever before.
ING Reduces its Stake in Kotak Mahindra Bank to 3.9%
- 8 years 7 months ago
- Banking
ING today announced the sale of 46.7 million ordinary shares of Kotak Mahindra Bank (Kotak). The shares were sold at a price of INR 782.32 per share. Gross proceeds to ING from the offering amount to approximately EUR 490 million (at the current exchange rate). The sale reduces ING's stake in Kotak from currently 6.4% to 3.9%. ING's remaining stake in Kotak will be subject to a 90 day lock-up following settlement of the transaction which is... more
SWIFT Outlines New Ways for Banks to Simplify Payment Routing Data
- 8 years 7 months ago
- Banking
SWIFT today announces the publication of a new paper discussing opportunities for banks to streamline their internal routing practices. The paper highlights how some banks used the transition to SEPA as an opportune moment to simplify their internal routing practices – and how upcoming initiatives may present similar opportunities.
BIAN Launches Service Landscape SL 5.0
- 8 years 7 months ago
- Banking, Infrastructure
Today the Banking Industry Architecture Network (BIAN) is launching the latest development of its collaboratively-defined banking technology framework, designed to standardise and simplify overall banking architecture on a global scale – termed Service Landscape (SL) 5.0.
Earthport Signs MoU with SECB Swiss Euro Clearing Bank
- 8 years 7 months ago
- Banking
Earthport (AIM: EPO.L), the leading payment network for cross-border transactions, is pleased to announce that it has signed a Memorandum of Understanding (MoU) with SECB Swiss Euro Clearing Bank (SECB), in order to reach an agreement to provide foreign payment services. SECB Swiss Euro Clearing Bank is based in Frankfurt, Germany, and is a significant bank in the region. It is Earthport’s goal to establish itself as a local service provider of... more
Managing Risk and Driving Trade will Shape Next Chapter of the African Growth Story
- 8 years 7 months ago
- Trade Finance, Banking, Risk Management
“A correct understanding of risk in Africa – along with an appreciation of the growth potential yet to be unlocked by trade; both cross-border and intra-Africa, provides global corporates with a new lens through which to identify and access African growth,” says Vinod Madhavan, Head, Transactional Products and Services, Africa at Standard Bank.
Alkami Technology Subscribed to FI Navigator's Mobile Banking Module
- 8 years 7 months ago
- Mobile Banking, Infrastructure
FI Navigator announced that Alkami Technology, a provider of online and mobile banking solutions for financial institutions, has subscribed to its cloud-based mobile banking module, which provides vertical intelligence on the mobile banking services offered by nearly 7,000 U.S. financial institutions. As part of FI Navigator’s banking vertical data and analytics platform, which contains information on more than 13,000 financial institutions and... more
Form3 Financial Cloud Unveils SaaS Payments and Banking Solutions at Sibos
Form3 Financial Cloud has today launched at Sibos, providing leading edge cloud technologies for financial institutions through a SaaS delivery model. Form3 delivers comprehensive payment and core banking solutions, accessed through a single API and integration platform, ready to use on a pay as you go basis.
BankIslami Pakistan Limited goes live with iMAL*PCS Java version 14
- 8 years 8 months ago
- Islamic Finance
Path Solutions, a leading provider of Islamic banking software solutions, today announced the successful upgrade of the iMAL*ProfitCalculationSystem in Java version 14 at BankIslami Pakistan Limited (“BankIslami”).
Equiniti to Develop New Digital Banking Platform
- 8 years 8 months ago
- Banking, Infrastructure
Equiniti Group PLC, a leading provider of powerful technology solutions, today announces that it is developing a new module which will change the way corporates apply for loans. This is part of the market leading RiskFactor technology, acquired by Equiniti in March 2016. RiskFactor is used by 90% of the receivables finance market in the UK and monitors £35bn of lending activity.
NCR Reveals Mobile Business Banking Application for Financial Institutions’ SMB Customers
- 8 years 8 months ago
- Mobile Banking, SaaS
NCR Corporation, a global leader in omni-channel solutions, announced the launch of Business Banking Mobile, extending the SaaS-based platform to customers’ mobile devices. The application will allow community financial institutions (CFIs) to compete with larger financial institutions by providing their business banking customers with iOS and Android access to this secure and easy-to-use account management platform.
