Banking

Digitization Emerging as the Key to Survival in Banking

With the momentum that has lifted the banking sector's performance over the first half of the decade slowing in all major markets, banks must leverage digital technology to battle disruption and stem the threat of disintermediation brought on by fast-moving, newer entrants—or pay the price in staying power and profitability, according to a new report by Boston Consulting Group (BCG). The report,  Read more »

Tandem Bank Partners with Token to Leverage Opportunities in Open Banking

Turnkey open banking platform provider, Token.io Limited, today announces that its technology is enabling digital challenger bank Tandem to achieve PSD2 compliance and leverage open banking opportunities. Tandem is a digital-only bank that provides a money management app, credit cards and fixed-rate savings accounts to more than 500,000 consumers across the UK. It is integrating Token’s full suite of open banking solutions into its core platform... more Read more »

Chase introduces low-cost checking account

Chase is launching Chase Secure Banking, a low cost checking account that can help more consumers around the country access a traditional banking relationship, including those new to banking or who have had trouble getting or keeping an account in the past.  The new account, available to customers today, comes with a low monthly service fee of $4.95 and all the benefits of Chase, like access to thousands of fee free Chase ATMs, Chase’s mobile... more Read more »

MONEVO LAUNCHES CUTTING EDGE PERSONAL LOAN API & TECHNOLOGY TO GIVE CONSUMERS PERSONALISED COMPARISON EXPERIENCE

MONEVO LAUNCHES CUTTING EDGE PERSONAL LOAN API & TECHNOLOGY TO GIVE CONSUMERS PERSONALISED COMPARISON EXPERIENCE  MONEVO, Europe’s largest personal loan market place and platform, has launched Credit Staq for the UK market; a cutting-edge tech solution which gives consumers access to a comparison of pre-approved lending options from across the whole market.  Read more »

Chase

Chase Reveals Chase Secure Banking, a Low Cost Checking Account to Increase Access to Banking

Chase is launching Chase Secure Banking, a low cost checking account in order to provide access a traditional banking relationship for more consumers around the country, including those new to banking or who have had trouble getting or keeping an account in the past. The new account, available to customers today, comes with a low monthly service fee of $4.95 and all the benefits of Chase, like access to thousands of fee free Chase ATMs, Chase’s... more Read more »

Financial audit revolution as Circit brings Open Banking to the audit profession

Circit, the innovative audit confirmation platform, is pleased to announce it has been granted registration as an Account Information Service Provider (“AISP”) by the Central Bank of Ireland (“CBI”). Regulation by CBI paves the way for Circit to connect auditors with independent sources of audit evidence held by the banks of their client companies. Read more »

TurnKey Lender partners with Refinitiv

TurnKey Lender, an award-winning provider of decision management and lending automation solutions for lenders, has signed a partnership agreement with global financial data provider Refinitiv – formerly the Financial and Risk business of Thomson Reuters. As the teams cooperate to develop global cross-promotional marketing and sales campaigns both companies expect to see significant benefits for their clients. The ultimate goal of the partnership... more Read more »

Spain embraces gpi for cross-border payments

Six Spanish banks, accounting for 85% of Spain’s cross-border payments, have adopted the SWIFT global payments innovation (SWIFT gpi), the new standard for cross-border payments. SWIFT gpi dramatically improves the customer experience in cross-border payments by increasing their speed, transparency and end-to-end tracking. Read more »

MeDirect Bank Belgium opts Infosys Finacle

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys (NYSE: INFY), today announced that its customer MeDirect Bank Belgium, an online bank offering savings, investments and wealth management since 2013, has successfully launched its Regulated Savings Product on Finacle’s core banking solution. The product will help the bank extend services to a new segment of savers that are looking to save and receive basic interest, in... more Read more »

Exscudo to launch a debit card with higher cashback than any European bank

The blockchain startup Exscudo is planning to issue a debit card promising to deliver financial tools that no other banking product in Europe can match even remotely! By reengineering how modern payment systems work and minimizing the number of banks-intermediaries, Exscudo has achieved the ability to provide customers cashback of 0.1% for all payments within Europe and up to 0.2% on all payments outside of European countries. Read more »

Tieto’s automated platform cuts lead time for FOREX Bank’s lending process – from days to just minutes

FOREX Bank, the market-leading foreign exchange bureau in the Nordics, has chosen Tieto’s automated platform to replace its origination and credit scoring platform for unsecured credit. The end-to-end solution helps the bank improve its lending processes, reducing the usual lead time by more than 50 percent and with record lead times of just minutes.  Read more »

300 delegates from Banking and Financial Services to convene at Finnovex

Finnovex Middle East is set to take place on March 19, 2019 with an aim to bolster Innovations in the Financial Services Space Read more »

Banking Innovation Moves Beyond Fintech

Enterprise Ireland, the Irish government agency responsible for trade and innovation, has today announced it is embarking on a fourth 16-week City Insights Programme with partner, the London Irish Business Society (LIBS). Following another successful programme in 2017 and popular demand for new inclusions, the 2019 programme has been extended to incorporate two further sectors, Digital Tech and Talent Tech. The programme’s finalists are divided... more Read more »

VSoft introduces new core banking system

VSoft Corporation, a global leader in providing information and technology solutions for financial institutions, announced the launch of Wings, an all new, flexible and comprehensive core processing system built on advanced browser-based technologies.   The platform was purpose-built from the ground up to make core processing for banks and credit unions easier and less time consuming. Read more »

Sbanken chooses Nets to support open banking

Norwegian bank Sbanken has selected Nets to support open banking with Nets Access to Account Services (NAAS) - a single platform that enables access to banks across the Nordics and Europe. Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App