CSC and HCL Technologies Signed a Definitive Joint Venture Agreement
- 9 years 11 months ago
- Banking
CSC, which currently serves over 100 banking and financial services clients in 15 countries, will provide its core banking, cards, payments and default management industry software and product development expertise to the venture. HCL, which draws 25% of its revenue from the banking sector, will provide capital investment, experience in product engineering and application implementation services, as well as banking sales and client engagement... more
Mexico central bank expected to hold rates, hint at Sept hike
- 9 years 11 months ago
- Banking
Mexico's central bank is expected to hold borrowing costs steady on Thursday but signal that it is ready to follow the U.S. Federal Reserve with an interest rate hike to prop up a slumping peso. All 24 analysts polled by Reuters expect Banco de Mexico to hold its key rate at 3.0 percent on July 30, thanks to tame inflation and despite a dramatic tumble in the peso to a new record low this month. But fears of further peso volatility and investor... more
BPC Banking Technologies brings SmartVista HCE solution to global market
- 9 years 11 months ago
- Banking, Infrastructure
BPC Banking Technologies, the leading provider of Open System payment solutions, announces the launch of SmartVista Host Card Emulation (HCE) solution ready to be implemented as an integrated or stand-alone module or as a service. SmartVista HCE solution is compliant to all functional and security standards set by international payment systems. BPC Banking Technologies’ HCE solution includes: server part (HCE cloud), crypto-module and specific... more
Latest technology brings greater flexibility and strengthens SEB growth initiatives
- 9 years 11 months ago
- Islamic Finance
Path Solutions announces today that Sudanese Egyptian Bank (SEB) has successfully completed the implementation of iMAL Islamic core banking system across its operations in 7 retail branches. The iMAL solution, which was chosen to replace SEB’s legacy outsourced system, will now accelerate the growth of its retail banking business and further enhance its customer experience.
Technology Enables New Opportunities for Branch Banking, According to New IDC Study
- 9 years 11 months ago
- Banking
IDC Financial Insights today released a new study, Branch Transformation in a Digital World, which discusses the current challenges faced by banks in managing their branch networks and outlines the best ways to transform them.
Atom Selects Intelligent Environments Interact® product to deliver its digital platform
- 9 years 11 months ago
- Banking, Infrastructure
ntelligent Environments, the leading provider of digital financial services software, and Atom – the UK’s first digital-only bank – are partnering to deliver to the market a unique mobile banking solution. Atom will be deploying Interact®, Intelligent Environments’ market leading secure software platform to underpin their customers’ digital experience. This digital only solution is entirely unique within the UK banking market. Atom Bank will... more
Customers more engaged with their finances as Digital Revolution takes hold
- 9 years 11 months ago
- Banking
The rapid growth of digital banking has driven increased customer engagement, the latest figures from the Halifax Digital Dashboard show. In June, the number of customer interactions with Halifax stood at 69 million visits, which equates to 2.3 million interactions per day and nearly 1,600 every minute. This is an increase of nearly half (47%) from the 47 million in the same month in the previous year.
BCSG teams up with Deutsche Bank to Bring Online Tools to Small Businesses in Italy
- 9 years 11 months ago
- Banking
Deutsche Bank teams up with BCSG to launch db Impresa eXtra, the first ever web aggregator in the Italian Market to offer non-banking services to SMEs and Midcorporates, addressing clients and prospects.
Fiserv Joins BIAN to Continue to Develop the Standardised IT Framework for the Banking Industry
- 9 years 11 months ago
- Banking
The Banking Industry Architecture Network e.V (BIAN) welcomes three new members to its fast growing global network today, creating an international network of 60 of the leading banks, service providers, software vendors and academic partners. The international software and BPO provider Avaloq, Lebanese banking core applications developer BML Istisharat and financial services technology provider Fiserv, will now work with the current members to... more
Palestine Monetary Authority goes live on SmartVista
- 9 years 11 months ago
- Retail Banking
BPC Banking Technologies, the leading provider of Open System payment solutions, together with Palestine Monetary Authority (PMA) announces the launch of the National Switch of Palestine. The National Switch, based on SmartVista, is considered a cornerstone for the Electronic Retail Payments in Palestine.
BIAN announces 3 new members including Avaloq and Fiserv
- 9 years 11 months ago
- Banking
The Banking Industry Architecture Network e.V (BIAN) welcomes three new members to its fast growing global network today, creating an international network of 60 of the leading banks, service providers, software vendors and academic partners.
SunTec and Loylogic turn customer data into loyalty points for banks
- 9 years 11 months ago
- Banking
SunTec, the leading provider of revenue management and business assurance solutions to Financial Services firms, today announced its partnership with Loylogic, the world’s leading innovator and creator of points experiences, insights, commerce and engagement.
Vietnam Bank for Agriculture and Rural Development joins SWIFT’s KYC Registry
- 9 years 11 months ago
- Banking
SWIFT announces today that Vietnam Bank for Agriculture and Rural Development has joined the Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about correspondent banks required for KYC compliance.
Lloyds Bank To Launch Online Life Insurance
- 9 years 11 months ago
- Banking, Infrastructure
Lloyds Bank has today launched My Life Insurance; its first online protection service which offers customers life cover up to the value of £500,000. Customers can meet their protection needs by going through just six simple steps, with the innovation removing the time consuming barriers that can discourage customers from accessing quality products they so vitally need. A simple, online service
British Banks Failing To Reward Loyalty, Held Back By Customer Expectations Gap
- 9 years 11 months ago
- Banking
The FIS Consumer Banking PACE Index™ tracks how financial institutions are performing against customer expectations in nine different countries: the United States, United Kingdom, Brazil, Canada, France, Germany, India, Netherlands and Thailand, using data compiled from more than 9,000 banking consumers. Commissioned by FIS, the study was conducted by TNS, one of the world’s largest independent research agencies. Global results