KBW and Nasdaq Launch Global Bank Index
- 9 years 9 months ago
- Banking
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Global Bank Index (Ticker: GBKX), the first and only index designed to track the performance of those banks designated as global systemically important (G-SIBs) by the Financial Stability Board and Basel Committee on Banking Supervision. The 28 banks included in the KBW Nasdaq Global Bank Index represent 45% of the... more
Lloyds Banking Group’s New Eligibility Checkers Set To Remove Key Barrier To Switching
- 9 years 10 months ago
- Banking
People who are thinking about switching their bank account can now determine their eligibility for a range of current accounts and overdrafts in less than two minutes across Lloyds Bank, Halifax and Bank of Scotland, without leaving a permanent footprint on their credit file. The new online eligibility tool is the first of its kind to be offered by a UK bank and is mobile optimised to enable people to check their eligibility for accounts... more
Fiserv Clients in Asia Pacific Recognized for Excellence with Industry Awards
- 9 years 10 months ago
- Banking
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today the latest in a series of award wins for its clients in the Asia Pacific region with two wins at the Asia Customer Experience in Financial Services (CXFS) Awards. For initiatives executed in conjunction with Fiserv, Bangkok Bank was awarded Best Technology Implementation - Front-End, and Westpac Banking Corporation was awarded Best... more
Path Solutions named ‘Best Global Islamic Banking Technology Provider in 2015’
- 9 years 10 months ago
- Islamic Finance
Path Solutions, the world’s leading Islamic financial software company, is pleased to announce that it has been awarded ‘Best Global Islamic Banking Technology Provider’ at the 2015 Global Banking & Finance Review Awards.
Deutsche Bank Selected Infosys As Strategic Technology Partner
- 9 years 10 months ago
- Banking
Infosys (INFY), a global leader in consulting, technology, outsourcing and next-generation services, including be-spoke development, application maintenance services, digital and mobility, package implementation, and testing services, has announced that it has signed a multi-year agreement with Deutsche Bank.
ICC RBC MENA confirms its participation in GTDW
- 9 years 10 months ago
- Trade Finance, Banking
The ICC Banking Commission, the rule-making body for the world’s banking industry, through its regional representatives, has announced a partnership with Global Trade Development Week (GTDW), which will be held in Dubai from 27-29 October. ICC RBC MENA, which is represented by the Dubai Chamber of Commerce and Industry, will participate in GTDW, which is organised in partnership with UAE Ministry of Economy. GTDW is an annual gathering of 1000... more
Visa Europe and Roland Berger Strategy Consultants To Open a Hub In Berlin
- 9 years 10 months ago
- Retail Banking
Visa Europe Collab and Roland Berger Strategy Consultants are opening a digital innovation hub in Berlin-Kreuzberg in Autumn 2015.
Lloyds Bank Trials ‘tap to bank’ Technology For Mobile Banking Authentication
- 9 years 10 months ago
- Mobile Banking, Authentication Technology
Lloyds Bank trials are exploring how the use of Near Field Communication (NFC) and contactless technology can improve the registration process for those setting up mobile banking. The ‘tap to bank’ technology has so far been tested on over 125 people, enabling them to use their Lloyds Bank contactless debit card as a way of securely authenticating their identity when setting up the mobile banking app.
Saxo joins forces with JustGiving to support the Alberto Contador Foundation
- 9 years 10 months ago
- Banking
Saxo Bank, the online multi-asset trading and investment specialist, today announces a major partnership with JustGiving, the global online social platform for giving. The partnership will support the fundraising efforts of the Alberto Contador Foundation, a charity set up by Alberto Contador, the professional cyclist and seven times Grand Tour winner.
Banks Are Adopting Biometrics As An Authentication Method For Mobile Services
- 9 years 10 months ago
- Mobile Banking, Authentication Technology
Banks are rapidly adopting biometrics as an authentication method for mobile services and are willing to cooperate to provide customers with a common interface, according to a survey from the Mobey Forum.
Barclays To Expand Its Cheque Imaging Service To Android Phones And iPads
- 9 years 10 months ago
- Payments, Retail Banking
Barclays is to roll out its mobile cheque imaging service to Android phones and iPad users, bringing the service within reach of one million more customers.
US Banks To Spend $16.6bn On Digital Transformation
- 9 years 10 months ago
- Payments, Retail Banking
American retail banks will spend $16.6 billion on "digital transformation initiatives" this year, according to research from IDC Financial Insights. As the retail banking delivery model is upended, financial institutions will increasingly focus their budgets on digital transformation, with spending growing at a compound annual growth rate of 10.4% into 2019, predicts IDC. This compares to a growth rate of just 3.9% for overall IT spending by US... more
Citi Upgrades Mobile App For U.S. Clients
- 9 years 10 months ago
- Mobile Banking
Citi announced today the release of its completely redesigned Citi Mobile® App for iPhone® in the U.S. The new app for consumer banking and credit card customers enables the use of the Touch ID feature on iPhone devices, integrates with Apple Watch™ and adds new features responding to customer feedback and changing behaviors. Citi redesigned the app, consolidating menus, delivering effortless browsing, and introducing a new, simplified... more
Western Union To Expand Money Transfers With Bansefi Mexico
- 9 years 10 months ago
- Payments, Retail Banking
As part of its continued commitment to the Mexico market, The Western Union Company (NYSE: WU), a leader in global payment services, and state-owned Banco del Ahorro Nacional y Servicios Financieros, Sociedad Nacional de Crédito, Institución de Banca de Desarrollo (BANSEFI), today announced an agreement to expand access to inbound money transfer services under Western Union, Vigo and Orlandi Valuta brands throughout the country.
Payments Council Changed New Trade Association
- 9 years 10 months ago
- Payments, Retail Banking
Payments UK succeeds the Payments Council, which oversaw the successful roll out of mobile payments tool Paym, the Current Account Switch Service and Faster Payments. However a bungled attempt to abolish cheques prompted the government to move to rein in the self-governing body. In its new role, Payments UK says it will work closely with the Payment Systems Regulator (PSR) in its remit to promote competition and innovation across the sector.
