Finastra Partners with SYSTEX to Provide Comprehensive Treasury Solution Offering for Taiwan Banks
- 2 months 5 days ago
- Trading Systems, Banking
Finastra has today announced SYSTEX as a solution partner in Taiwan. SYSTEX will resell Finastra’s Kondor and Risk solutions, creating an offering that combines Finastra’s best-of-breed trading system with SYSTEX’s local expertise and broad technology services capabilities. The partnership will enable more banks in Taiwan to digitally transform and grow their businesses.
Economist Impact Report for Temenos: Europe’s Banks are Challenging the Challengers
- 2 months 5 days ago
- Banking
New research from Economist Impact supported by Temenos finds that European banks are fighting back against competition from platform players, neobanks, and payment providers.
FIS Widens Access to Open Banking Through Partnership With Banked
- 2 months 5 days ago
- Banking
FIS®, a global leader in financial technology, today announced it has entered a strategic partnership with Banked, a leading provider of open banking solutions, to drive new pay-by-bank offerings for both businesses and consumers.
92% of Banks Plan to Maintain or Increase Technology Investment in 2024
- 2 months 6 days ago
- Banking
Dragonfly Financial Technologies Corp., a digital banking and treasury management FinTech, today released the findings of its "State of Banking" survey.
Revenued Forges First Neobank Partnership with Found to Drive Innovation and Fuel Business Growth
- 2 months 1 week ago
- Banking
Revenued, a leading fintech that helps small businesses simplify the process of managing business finances, today announced the company's first neobank partnership with
Vakifbank International AG, Chooses Emach.Ai Based Digital Core And Lending Platform For a Multi-country Implementation
- 2 months 1 week ago
- Core Banking
Intellect Global Consumer Banking (iGCB), the consumer banking arm of Intellect Design Arena Limited, announces that VakifBank International AG, part of Türkiye Vakiflar Bankasi T.A.O has selected iGCB’s platforms
Trustly Integrates MX Data Enhancement to Deliver Better Consumer Shopping and Underwriting Experiences
- 2 months 1 week ago
- Banking
MX Technologies, Inc. today announced MX's data enhancement services will be leveraged as part of Trustly's Open Banking product suite. Over 8,300 global merchants rely on Trustly to enable their consumers to pay directly from their bank accounts. With Pay with Bank, consumers enjoy an intuitive, fast, and safe payment method, while merchants can create better experiences and reduce costs with an efficient payment solution.
10x Banking Furthers Expansion into Africa
- 2 months 2 weeks ago
- Core Banking
10x Banking, the transformational cloud-native SaaS core bank operating system founded by former Barclays CEO Antony Jenkins, has today announced a partnership with Old Mutual as it expands into Africa and scales its evolving core banking system into new markets in response to growing demand.
Ajman Bank Steps Up Sustainability Efforts with Mastercard Solutions
- 2 months 2 weeks ago
- Banking
Ajman Bank has initiated a collaboration with Mastercard aimed at leveraging the technology giant’s innovative solutions to drive sustainability. The award-winning bank will implement Mastercard’s Carbon Calculator and sign its UAE Sustainable Cards Pledge.
Offa Selects finova’s Apprivo Origination Platform to Power its Sharia-compliant Finance Products
- 2 months 2 weeks ago
- Islamic Finance
The UK’s first Sharia-compliant bridge finance provider, Offa, has partnered with cloud-based mortgage and savings provider finova to develop an innovative end-to-end digital platform to support its growing portfolio of property finance products. Offa’s new origination platform will be delivered by finova and its implementation partner Hexaware in the first half of 2024.
€35B of Customer Deposits Across Europe Now Held by Electronic Money Institutions
- 2 months 2 weeks ago
- Banking
ClearBank, the enabler of real-time clearing and embedded banking for financial institutions, today announces a new report on the Electronic Money Institution (EMI) market in the UK and Europe. The independent report, commissioned by ClearBank and produced by leading analyst house Celent, finds that EMIs now hold deposits of €35 billion across Europe—an increase of 84% from 2019—but often struggle to find a banking partner that meets their needs.
bunq Sets Its Eyes on UK as It Reports First Full Year of Profitability
- 2 months 3 weeks ago
- Banking
bunq, the second largest neobank in Europe, reports a pre-tax profit of €53.1 million in 2023. A testament to bunq’s sustainable business model proven to yield record profits throughout 2023, the challenger will direct its net profit to propel its global expansion strategy.
UK Businesses Save 150 Hours Every Year on Operational Tasks by Using Open Banking, Survey Reveals
- 2 months 3 weeks ago
- Banking
Two in three (66%) larger UK businesses say they are very familiar with open banking and users report an average annual saving of 150 hours usually spent on operational tasks such as processing invoices and financial data, recurring payments and processing refunds, new research reveals.
GFT Acquires Sophos Solutions from Advent International
- 2 months 3 weeks ago
- Banking
Global digital transformation pioneer GFT Technologies SE (GFT) agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S. With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability.
Research Reveals Two Thirds of Banks Struggle with Data Quality and Integrity
- 2 months 3 weeks ago
- Banking
Mosaic Smart Data (Mosaic), the real-time capital markets data analytics company, has revealed the challenges that front office divisions in investment banks face when attempting to get their data in a fit enough state to deploy AI-powered analytics to improve efficiency, productivity, and profitability.