Al Rajhi Bank chooses Temenos to offer enhanced lending products and digital customer experience
- 6 years 11 months ago
- Banking
Temenos, the banking software company, today announced that Al Rajhi Bank, Saudi Arabia’s second largest bank and the world’s largest Islamic bank with total assets of over $97bn, has chosen Temenos to power its digital transformation journey and enhance its Islamic lending and financing product capabilities. The bank has opted for a complete renovation using Temenos T24 Transact as well as a host of additional digital solutions including... more
40 top delegates at Future Banking Tech West Africa Summit
- 6 years 11 months ago
- Banking
More than 40 leaders in the banking industry in West Africa region will gather in Lagos, Nigeria between the coming 23 -24 April, to discuss efforts aiming to increase financial inclusion across West Africa region by 2020 in the Future Banking Tech West Africa Summit.
Identitii joins BIAN to help banks digitise information exchange using blockchain
- 6 years 11 months ago
- Blockchain, Banking
Identitii Limited (“Identitii” or the “Company”) (ASX: ID8), an Australian FinTech enabling the secure overlay of transaction-level detail on top of financial messages using a private blockchain, is pleased to announce it has joined the Banking Industry Architecture Network (BIAN).
Omnio Marks Merger Milestone with Dazzling Tower of London Celebration
Omnio Group, a global banking and payment services provider formed by the £70 million merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, celebrated the launch of its new-look brand with a prestigious knowledge-sharing and networking event last night. The celebrations at the Tower of London were attended by over 250 of the biggest influencers and experts in the global banking and payments industry, including 20 thought... more
ONPEX secures seven-digit investment for its Banking-as-a-Service platform
- 6 years 11 months ago
- Banking
As part of a series A financing round, ONPEX Holding GmbH has closed a high seven-digit investment with FinLab AG (ISIN: DE0001218063; Ticker: A7A.GR) and several notable business angels.
Freedom Finance integrates Open Banking to digital customer journe
- 6 years 11 months ago
- Banking
Freedom Finance, a fintech lending platform, launches the first Open Banking access to a true panel of lenders for secured loans. The announcement follows a Freedom Finance industry workshop, in partnership with AccountScore and Equifax. This brought together both large and challenger banks to discuss a common Open Banking goal – to provide customers with better informed options whilst ensuring lenders offer clarity, and not just choice.
Fenergo Accelerates Expansion into Commercial and Retail Banking
- 6 years 11 months ago
- Banking
Fenergo, the leading provider of digital Client Lifecycle Management solutions (CLM) for financial institutions, has announced the appointment of James Follette as the Global Head of Commercial and Retail Banking.
Emirates NBD Partners with Calypso treasury tech
- 6 years 11 months ago
- Banking
Emirates NBD, a leading financial institution in the Middle East is pleased to announce that it has partnered with Calypso Technology Inc., the standard for treasury and capital markets software, to deliver one of the world’s most comprehensive implementations of its flagship Calypso treasury platform to date.
KAS BANK and CACEIS agree on a recommended public offer in cash for all securities in KAS BANK
- 6 years 11 months ago
- Banking
The combination makes CACEIS a leading asset service provider in the Netherlands and allows KAS BANK to export its expertise in servicing institutional investors such as pension funds and insurance companies to all the European markets CACEIS is currently servicing. CACEIS’ pan-European ambition is therefore confirmed, with a reinforced position in the Netherlands, a major country in Europe for financial activities, that will serve its clients’... more
Mizuho Bank unveils J-Coin its new digital currency platform
- 6 years 11 months ago
- e-Payments, Banking
Mizuho Bank is on track to launch its new digital currency platform J-Coin Pay on 1 March with the support of 60 regional financial institutions. To make use of the currency, users will download a dedicated app on their smartphone. Payments will be made using QR codes. The value of the digital currency will be fixed at 1 yen per unit, and will not fluctuate on the market, as virtual currencies such as bitcoin do.
ADIB launches 100% Capital Protected Equities Basket Note in companies with superior work environment
- 6 years 11 months ago
- Wealth Management, Banking
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has launched a 100% capital protected 'Happy Workplace' equities basket note, designed to capture the outperformance of companies that have a motivated and productive workforce.
Sberbank customers can transfer money from their cards using recipient phone number
- 6 years 11 months ago
- Money Transfers, Banking
Sberbank announces that a new partner has joined its instant transfer ecosystem. Thanks to the partnership with international payment system WebMoney Transfer, clients can now make instant transfers from Sberbank cards to WebMoney purses and vice versa. Only the recipient’s phone number (which the card or purse is tied to) is needed to transfer money to a Sberbank card. Money is transferred instantly. Igor Manontov, Vice President of Sberbank... more
NatWest introduces new 'digital branch'
- 6 years 11 months ago
- Banking
In the new NatWest digital store, customers can drop in and have a coffee while carrying out transactions, either on their own or branch devices. They will also be able to book a session with a personal banker for more complex needs, such as advice on getting on the housing ladder, new products, or to better understand their finances through a financial health check. This means busy customers will no longer need to waste time in queues,... more
Teller assist technology is key enabler of secure, personalised branch banking
- 6 years 11 months ago
- Banking
According to brand new research by RBR, banks remain committed to the branch as a central delivery channel and continue to invest in solutions to make physical outlets more efficient and customer- friendly. Teller Automation and Branch Transformation 2019, which covers 23 key global markets, reveals ongoing growth in the number of teller assist units (TAUs), with 181,000 terminals installed at the end of 2018. Recyclers (TCRs) now account for... more
Tier-One Philippine Bank Upgrades Trade Finance Software with Eye on the Future
- 6 years 11 months ago
- Banking
Surecomp®, the leading global provider of trade finance solutions for banks and corporates, announced today a technology upgrade for a longtime banking client in the Philippine Islands. This unique enhancement simultaneously featured a core technology transformation, SWIFT 2018 compliance and a functional upgrade to the latest release of Surecomp’s back-office trade finance software. The project was completed on time and on budget.
