LHV becomes the first bank to provide fintechs with access to instant pound and euro payments
LHV, the fintech focused bank and payment services provider, is pleased to announce that it has commenced providing real-time pound payments via the UK’s Faster Payments scheme. As a result, LHV has become the first bank capable of providing real time euro payments via Single Euro Payment Area Instant (‘SEPA Instant’) and processing pound (‘Faster Payments’) payments, giving it a unique competitive advantage and cementing its position as a... more
Ziraat Participation Bank selects Path Solutions for strategic core banking implementation
- 5 years 5 months ago
- Banking
Ziraat Participation Bank in Sudan, a unit affiliated to Ziraat Katilim Bankasi and Ziraat Finans Group, one of largest banking groups in Turkey operating on both Islamic and conventional platforms, has taken the big leap to implement Path Solutions’ multi-award winning iMAL Islamic core banking platform.
ING opens its new office in Amsterdam
- 5 years 5 months ago
- Banking
ING today officially opened its new corporate office in Amsterdam. This office is named Cedar and is a central part of Cumulus Park, the recently launched innovation district in the southeast area of Amsterdam. Cedar is one of the five ING office buildings that form Cumulus Park. Next to workspace for ING staff about 20% of the buildings is reserved for collaborative innovation with external parties.
Silicon Valley Bank Bolsters Specialty Finance Team with Three Senior Hires
- 5 years 5 months ago
- Banking
Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced three senior hires in its specialty finance group. Emily Barron, former head of finance at Branch International, and Brian Foley, former managing director at Macquarie Group, will be responsible for co-leading warehouse credit solutions across the US.
BNP Paribas Securities Services Extends Contract with Temenos
- 5 years 5 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that BNP Paribas Securities Services has extended its license for Temenos Multifonds Global Accounting and
AAOIFI grants compatibility of compliance certificate to iMAL Islamic financial software of Path Solutions
- 5 years 5 months ago
- Islamic Finance, Financial
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) carried out a rigorous process of testing the compliance of iMAL Islamic financial software and issued a certificate to confirm its compliance with AAOIFI’s Shari’ah and Financial Accounting standards.
ING spins out advanced analytics portfolio tool Katana to accelerate its growth
- 5 years 5 months ago
- Investment Management, Banking
ING announced the spin-out of Katana, the advanced analytics platform that supports portfolio managers in making faster and sharper investment decisions. To enable further growth and to pave the way for an independent future for Katana, ING Ventures will invest a further £1.5m alongside other investors, as part of a £3 million funding round. Katana Labs ltd has incorporated in the UK and has its offices in London.
Visiting the bank has never been so easy: appointments via Garanti BBVA’s mobile app
- 5 years 5 months ago
- Banking, Mobile Banking
Transactions using mobile devices top the list, accounting for 72 percent of all financial transactions. Garanti BBVA understands, however, that some customers prefer to physically visit a branch to do their banking.
Nisir Microfinance Institution to Choose ICS BANKS from ICSFS to Drive its Growth in Ethiopia
- 5 years 5 months ago
- Islamic Finance
Nisir Microfinance Institution (Nisir MFI), an innovative and growing microfinance institution in Ethiopia, has selected
Commerzbank acquires comdirect equity stake and holds more than 90 percent of comdirect
Commerzbank AG will acquire an equity stake in comdirect bank Aktiengesellschaft ("comdirect") from institutional investor Petrus Advisers Ltd. through its subsidiary Commerzbank Inlandsbanken Holding GmbH. The purchase price has not been disclosed.
Emirates NBD boosts AED 1 billion digital transformation with new milestone in core banking system upgrade
- 5 years 5 months ago
- Banking
Emirates NBD, a leading banking group in the region, has completed the third phase of its international core banking system upgrade, as it forges ahead with its ongoing digital transformation efforts to boost innovation and efficiency across its domestic and international operations.
UK’s Fastest-Growing FinTech Companies: Deloitte Fast 50 Winner
- 5 years 6 months ago
- Banking
Deloitte has announced its selection of this year’s 50 fastest-growing technology companies in the UK, naming digital banking unicorn Revolut as the top tech company. Deloitte’s 2019 UK Technology Fast 50 awards recognize and rank the top 50 tech companies in the UK based on the last four years of revenue data. Fintech unicorn Revolut emerged as the overall winner, generating an average three-year growth rate of 48,477% to the year 2018/2019 –... more
Self-Service Banking Asia 2020 – transforming growth challenges into opportunities
- 5 years 6 months ago
- Banking
RBR’s Self-Service Banking Asia conference will be hosted in Vietnam for the first time in 2020. The region’s leading conference on self-service and digital banking, taking place in March, will address the most important issues facing the industry today. Southeast Asia – where banking races to keep pace with demand
ING to appoint Pinar Abay as head of Market Leaders and member of the Management Board Banking
- 5 years 6 months ago
- Banking, People Moves
ING announced today that Pinar Abay will be appointed member of the Management Board Banking and head of Market Leaders, taking up the responsibility for ING’s operations in the Benelux. She will take up her new position per 1 January 2020.
Apple Pay arrives for St.George, BankSA and Bank of Melbourne customers
Apple Pay is now available for St.George, BankSA and Bank of Melbourne customers with an eligible Visa debit or credit card. With Apple Pay, customers can make fast and convenient purchases in stores, in apps and on participating websites. In addition, Westpac Group has committed to delivering Apple Pay for Westpac customers by June 2020. David Lindberg, Westpac Group Chief Executive, Consumer, said launching Apple Pay for customers has been a... more
