Token and Icefire were chosen by TBB for PSD2 compliance
- 6 years 6 months ago
- Open Banking, Banking
Turnkey open banking platform provider, Token.io, today announces it has been chosen by Tallinn Business Bank (TBB) to deliver PSD2 compliance in partnership with technology provider Icefire. TBB is the oldest commercial bank operating in Estonia. Icefire is integrating Token PSD2TM into the bank’s infrastructure to establish compliance with the Second Payment Services Directive (PSD2) before the September 14thdeadline.
Commerzbank Plans to Issue Additional Tier 1 Bond
- 6 years 6 months ago
- Banking
The Board of Managing Directors of Commerzbank AG has decided to issue a subordinated bond. The bond meets the criteria set out in the Capital Requirements Regulation (CRR) for additional tier 1 capital (AT 1). Subject to the approval of the Supervisory Board, the bond will be issued with an exclusion of the subscription right of the shareholders. The issue serves to further strengthen and structurally optimise the Bank’s regulatory capital.
Julius Baer Chooses ALPIMA
- 6 years 6 months ago
- Banking
Julius Baer, the leading Swiss private banking group, chooses ALPIMA for rule-based portfolio derivation and visualisation within its Investment Management business. Offered as an enhanced version of its cloud-based enterprise service, the ALPIMA platform will be delivered on a white-label basis and customised specifically to meet Julius Baer’s exact requirements.
Banco Agrícola allows the online opening of the "Cuenta Fácil" bank account with Mobbscan
Banco Agrícola, leader in El Salvador, which after the acquisition in 2007 by Grupo Bancolombia becomes a benchmark bank in most of Central America and Latin America, in a firm commitment to innovation and customers' services improvement and as part of its digitalization strategy, recently launched "Cuenta Fácil", the first 100% digital product that allows the complete opening of a bank account in a non-presential way through their App Banca... more
Helene Jepson appointed Chief Compliance Officer at Nordea
- 6 years 6 months ago
- Banking, People Moves
Helene Jepson has been appointed Chief Compliance Officer and Head of Group Compliance. She will report to Chief Risk Officer, Head of Risk & Compliance Matthew Elderfield. She will join Nordea by 1 September 2019.
SunTec Xelerate elevates customer experience with MSB
- 6 years 6 months ago
- Management, Banking
SunTec, the leader in revenue management, relationship-based pricing, billing, and customer experience orchestration, announced the successful rollout of Customer Centricity System, powered by SunTec Xelerate®, at MSB (formerly known as Maritime Bank), Vietnam. This implementation will further empower MSB with additional capabilities to innovate, offer and effectively manage customer centric products & services for each target segment as... more
Trade Ledger Launches New Cloud Technology for Invoice Finance Providers
- 6 years 6 months ago
- Digital Identity, Banking
Trade Ledger, the world’s first open banking business lending platform has launched a new turn-key Automated Invoice Finance Platform for banks and alternative finance providers looking to deliver faster and more flexible working capital solutions to their business customers. Launched to coincide with the commercial finance sector’s key event, the NACFB Expo, the solution is designed to help financial institutions adopt state-of-the-art... more
Finastra Recognized as a Global Fintech Leader for Second Year Running
- 6 years 6 months ago
- Banking
Finastra has been named a global power seller in banking platform deals for the second year running. The research, "Don’t Select Banking Software Without Understanding The State Of The Banking Platform Market, by Forrester’s, Jost Hoppermann,” celebrates 104 new name deals for Finastra for last year, and 273 extended business deals. Separately, the firm has topped the IBS Intelligence Sales League Table as the overall global leader two years in... more
Wolters Kluwer Wins Risk Magazine’s Prestigious Regulatory Reporting Award
- 6 years 6 months ago
- Banking
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has won a major award from Risk magazine. For the second year running its OneSumX for Regulatory Reporting solution has been named Regulatory Reporting System of the Year in the publication’s annual Technology Awards which celebrate excellence and innovation.
NatWest Launches New Digital Account Opening Journey Powered by HooYu
- 6 years 6 months ago
- Banking
NatWest is the first high street bank to enable customers to open an account in minutes using a selfie and photo ID to verify who they are. Using state of the art AI, real-time biometric checks confirm their selfie matches the image in their photographic ID and ID documents are authenticated preventing fraudulent applications and removing the need to provide ID documents either by post or in branch. Frans Woelders, Chief Digital Officer at... more
Video Banking Helps Banks Extend Financial Services to New Locations
- 6 years 6 months ago
- Banking
Video banking technology provides banks with the ability to extend their services to more customers at a lower cost than full-service branches Another banking touchpoint According to RBR’s Teller Automation and Branch Transformation 2019 report, which covers 23 key global markets, a number of financial institutions are turning to video banking technology to extend their services, in particular to serve customers in rural areas.
Silicon Valley Bank Serves As Lead Arranger For £50 Million Financing For Draper Esprit
- 6 years 6 months ago
- Banking
Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses and their investors, today announced that it led a £50 million senior secured term loan to Draper Esprit plc, the AIM-listed venture capital investor, which has supported entrepreneurial, fast-growing companies across Europe for over 20 years.
Tata Consultancy Services Announced that KGI Bank Deployed TCS BaNCS for its Next Phase of Growth
- 6 years 6 months ago
- Banking, Core Banking
Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that its customer, KGI Bank in Taiwan, has successfully deployed TCS BaNCS for its corporate and consumer banking operations, creating a strong foundation for its next phase of growth.
HSBC Announces Digital Accounts Receivable Tool Built on Identitii’s Tokenisation Technology
- 6 years 6 months ago
- Cash management, Banking
Identitii Limited (Identitii, Company) (ASX:ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a private blockchain, advises that its customer, HSBC has announced the launch of its Digital Accounts Receivable Tool (HSBC DART) using Identitii’s innovative tokenisation technology, to its corporate clients in India.
Intertrust acquires Viteos for USD 330 million
- 6 years 6 months ago
- Alternative Finance, M&A Deals
Intertrust N.V. ("Intertrust"), a leading global provider of expert administrative services to corporate, fund, capital markets and private wealth clients, today announces the acquisition of Viteos, a provider of leading-edge technology solutions for U.S. funds, from PPC Enterprises LLC, FiveW Capital LLC (an affiliate of 22C Capital) and Viteos management.
