Banking

First Bank Strengthens its Midwest Leadership Team with New Hire

First Bank announces that Rick Sems has been appointed Regional President for the Midwest. Sems is joining First Bank from Reliance Bank, where he served as President and CEO, leading the bank to record profits. He brings a background in strategic planning and a proven record of accomplishment in both a large bank and community banking environment. Read more »

Path Solutions Strengthens Position in Islamic Banking With New Award

Path Solutions has been voted ‘Islamic Banking Solution Provider of the Year' at the 2016 edition of Beacon of ICT (BoICT) Awards held on April 23rd at the prestigious Eko Hotels and Suites in Lagos, Nigeria. Read more »

Avuba and Raphaels Bank Team Up On Alternative Payments Technologies

Demonstrating its growing reputation for delivering pan-European innovative payment solutions, Raphaels Bank Payment Services, has signed a partnership deal with European start-up Avuba. The new deal will see Raphaels Bank, a market player in the emerging payments market, support the launch of an alternative payment account from Avuba for consumers in Europe. Read more »

Lennox International Takes Part in Wells Fargo Conference

 Lennox International  announced that CFO Joe Reitmeier is scheduled to present at the Wells Fargo Securities Industrial and Construction Conference in New York City on Tuesday, May 10. A live webcast beginning at 8:35 a.m. Eastern time can be accessed on the company's website at www.lennoxinternational.com. Read more »

Market Gravity Helps UK Banks on Customer-Design-Driven Banking Service

Clydesdale Bank and Yorkshire Bank have teamed up with proposition design consultancy Market Gravity to design and launch a pioneering new smart digital banking service – B.  Read more »

ING Expands Latin America Presence with New Hire in Colombia

ING Americas announced today an expansion of services into Colombia with the appointment of Andrea Puerto as its Country Representative along with the establishment of ING Capital Colombia SAS.  Puerto will lead the growth of ING’s local presence and client relations in the country with a focus on Structured Finance and Sector Based Finance. Andrea Puerto will be based in Bogotá and will be reporting directly to Rudolf Molkenboer, CEO of ING... more Read more »

Gartner Predicts Huge Demand for Digital Banking

Emerging and Startup Digital Banking Platform Technologies Key to Success of Digital Initiatives Banks face intense pressure to increase efficiencies and reduce costs while delivering next-generation digital services; however, incumbent application vendors have been slow to respond to new requirements, according to a new report from Gartner, Inc. Gartner predicts that by the end of 2019, 25 percent of retail banks will use startup providers to... more Read more »

Banc of California Unveils Key Appointments to its Private Bank

Banc of California has hired Arby Sanoyans and Anto Shakelian as Senior Directors, based at Banc of California's Private Banking office in Century City, California. Read more »

Danske Bank Implements SmartDX

SmartDX, from the Smart Communications division of Thunderhead announced that Danske Bank, the largest bank in Denmark and a major retail bank in the northern European region, with over 3.5 million customers, has selected SmartDX to manage their derivative trade confirmation processing. SmartDX is the industry standard for automating trade and relationship document generation and negotiation in the Capital Markets. Read more »

Infosys Finacle and Samsung SDS Partner to Provide Enhanced Mobile Banking

Infosys Finacle a product subsidiary of Infosys and Samsung SDS, a global ICT service provider, today announced a global partnership that will provide end customers with a more secure, fast and convenient way to use mobile banking and payment services. Read more »

IPBS Partners with eShore to Expedite Private Banking Sales Growth

International Private Banking Systems  the specialist provider of wealth management software for the private banking sector, today announced a partnership with eShore, a trusted IT service provider to offshore international banks and financial services organisations. The agreement will see eShore market and sell the IPBS system in a number of international offshore financial centres where they have an established presence. Read more »

Fiserv and AFS Help Financial Institutions with Commercial Lending Capabilities

 Fiserv  announced a partnership that will bring the industry-leading commercial lending capabilities of Automated Financial Systems, Inc. (AFS) to Fiserv bank core account processing clients. The integration of AFSVision® with account processing platforms from Fiserv will enable clients to efficiently expand their lending services to support complex commercial lending demands. Read more »

Siraj Finance Benefits from Path Solutions' iMAL

Path Solutions, a global provider of Sharia-compliant financial software and services, today announced that Siraj Finance PJSC, a leading Islamic finance company based in Abu Dhabi, UAE has signed a new agreement for the implementation of iMAL that includes comprehensive Sharia-compliant financial applications. Read more »

European Investment Bank Helps UCL with New Investment Boost

UCL (University College London) has agreed a £280 million loan with the European Investment Bank to develop its Bloomsbury and UCL East campuses, the largest sum ever lent by the bank to a university. The 30-year loan will provide funding for UCL’s Bloomsbury campus in central London which is undergoing an ambitious programme to upgrade and expand its historic buildings as well as finance for the building of UCL East, the university’s new site ... more Read more »

Infosys Finacle Cooperates with Onegini to Boost Digital Banking Offering

 Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys and Onegini today announced a partnership to integrate the Onegini mobile security platform with Finacle banking solutions. Read more »

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