Fast Blockchains as a Core of New Banking Technologies
- 6 years 10 months ago
- Banking
It is no secret to anyone that the main banking systems around the world are eyeballing blockchain technologies as a potential panacea for the many issues that have been plaguing the industry. There are dozens of applications for blockchain and banking has always seemed to be one of the most promising directions for the technology’s application.
Compass Plus survey reveals consumers still don’t trust contactless payments
A survey conducted by Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed that despite 84% of consumers regularly making contactless payments, they are still not considered to be secure.
Banks scored on quality of service
- 6 years 10 months ago
- Banking
From today (15 August 2018), banks must publish information on how likely people would be to recommend their bank – as well as its online and mobile banking, branch and overdraft services – to friends, relatives or other businesses.
Canadian credit unions trial Amazon Alexa service
- 6 years 10 months ago
- Banking
Canada’s first-ever authenticated voice banking service using Amazon Alexa, launches from creator Central 1 today. Central 1 clients – Innovation Credit Union and Conexus Credit Union – are piloting the technology that allows customers to use their voice to command actions for their bank accounts, as if Amazon Alexa were a customer service representative.
New FCA rules double pressure on traditional banks to provide seamless customer experience
- 6 years 10 months ago
- Banking
Today the Financial Conduct Authority (FCA) has enforced new rules requiring providers of personal and business current accounts to publish information that will help customers to compare bank accounts from different providers.
Intelenet Global Services: New FCA rules double pressure on traditional banks
- 6 years 10 months ago
- Banking
Today the Financial Conduct Authority (FCA) has enforced new rules requiring providers of personal and business current accounts to publish information that will help customers to compare bank accounts from different providers.
World Wide Technology: FCA lays out new rules for banks on reporting operational and security incidents to customers
- 6 years 10 months ago
- Banking
Increased visibility for customers means banks must ramp up risk mitigation On Wednesday 15th August, the Financial Conduct Authority (FCA) will enforce new rules requiring providers of personal and business accounts to publish information that will help current customers to compare bank accounts from different providers. Banks will have to report major operational and security incidents that have taken place and disclose whether 24-hour... more
National Bank of Egypt Partners with Finastra to Upgrades UK treasury and risk management operations
- 6 years 10 months ago
- Banking
Finastra today announced that National Bank of Egypt (UK) Limited is deploying Fusion Treasury and Fusion Risk. The treasury and risk solutions will be tightly integrated with the bank’s existing Fusion Equation core banking system - helping the bank to deliver a more comprehensive and superior service.
Onpex moves into banking-as-a-service space
ONPEX a leading provider of multi-currency IBAN solutions, has launched its cloud-based Banking-as-a-Service. The platform offers multiple tools such as IBAN issuing, Single Euro Payments Area (SEPA) and cross-border payments, as well as multi-currency management. Given the platform’s capabilities, businesses can build, configure and manage their own financial services.
Pakistan added to Emirates Islamic QuickRemit money transfer routes
- 6 years 10 months ago
- Banking
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced that its 60 second online fund transfer service ‘QuickRemit’ is now available for remittances to Pakistan.
New Islamic core banking software deal for Path Solutions in Morocco
- 6 years 10 months ago
- Banking
Path Solutions, a global leader in Sharia-based technologies to the Islamic financial services industry, has announced that it has signed a strategic partnership agreement with Attijariwafa Bank Group in Morocco. Under the terms of the agreement, Path Solutions will provide and implement its interest-free core banking platform iMAL across the 31 branches of Attijariwafa Bank participative subsidiary Bank Assafa, including Sharia-compliant... more
The Agricultural Bank of Sudan is now operating on ICS BANKS ISLAMIC from ICS Financial Systems
- 6 years 10 months ago
- Banking
Khartoum, Sudan: The Agricultural Bank of Sudan, the first national Sudanese bank and is wholly owned by the Government, has gone live on ICS BANKS ISLAMIC from
Q2 to Acquire Cloud Lending Solutions
- 6 years 10 months ago
- Online Banking
Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, experience-driven digital banking solutions for community-focused financial institutions, has announced an agreement to acquire San Mateo, California-based Cloud Lending, Inc., a privately-held SaaS company that provides an integrated end-to-end lending and leasing platform.
Dynamics and GMO Aozora Net Bank introduce battery-powered, interactive cards
Dynamics Inc. and GMO Aozora Net Bank, Ltd. today announced plans to introduce the first battery-powered, interactive debit and cash cards to the Japanese market in 2019.
AIB Mobile Banking App allows users open digital accounts
- 6 years 10 months ago
- Banking
AIB is making our customers’ lives easier and eliminating pinch points for them. The latest upgrade to the AIB Mobile Banking App, which has just launched, now allows new customers to join AIB and open their Personal Current Account by using just their smartphone and their passport from the comfort of their home from 7am to 11pm, 7 days a week.