Banking

Money Mover Bridge21 Extends US Banking Support

Denver-based cross-border payments company bridge21 just announced wider US banking support.  In total, bridge21 now supports 56 banks and credit unions, more than three times as many as before. The move opens the door for more customers to experience record-breaking exchange rates. Last week alone, the Bridge Rate was consistently 10% or more below mid-market rates. bridge21’s CEO, Will Madden, shared: “Last week we consistently offered 14%... more Read more »

AYA Bank goes live with Misys for next transformation project

AYA Bank (Ayeyarwady Bank) has selected the Misys FusionBanking suite to support a transformative project which will overhaul its core banking system, digitalise operations and improve overall efficiency throughout the organisation. Read more »

Path Solutions Achieves GoodAccredited Standard for Seventh Year in a Row

Kuwait-based Path Solutions, an international core banking system provider for Islamic banks and financial institutions, has announced it has received the GoodAccredited Standard for the seventh consecutive year. Read more »

Swedish Central Bank Goes Live on Intellect Quantum for Improved Collateral Management

Intellect Design Arena Ltd, a digital technology product provider across Banking and Insurance, announced the successful rollout of Intellect’s Quantum Collateral Management Solution at Sveriges Riksbank, the oldest Central Bank in the World.  With this automation of complex market operations and intraday liquidity provision, Riksbank will benefit immensely from real time control, multiple collateral pools and better cover over the exposure... more Read more »

The First Microfinance Bank, Afghanistan Selects Accuity for Regulatory Compliance Screening

The First MicroFinance Bank, Afghanistan (FMFB-A) a leading bank & microfinance services provider has selected Accuity, the leading provider of financial crime compliance, payments and know-your-customer (KYC) solutions for regulatory compliance screening of its customer accounts and cross-border transactions. FMFB-A has adopted the Accuity Firco Compliance Link data enabled screening solution to help meet the high standards of regulatory... more Read more »

Bank of America Releases Auto-shopping Via Mobile

Bank of America has launched new capabilities for mobile clients to complete the auto financing process with the company.  Clients can now search for a car from participating dealerships - all on their mobile device or computer and before ever visiting a dealership. The program will begin with a pilot period in the Carolinas and expand across the country in a phased rollout that will continue throughout the year. Read more »

EWise and Backbase Partner via Open Banking Marketplace

Backbase, the omni-channel digital banking platform leader, and eWise, the financial data aggregation specialist, announces today their partnership via the Backbase Open Banking Marketplace.  The Marketplace is a Backbase initiative that offers clients the option of selecting from numerous best-of-breed applications to integrate into the Backbase digital banking environment. Read more »

The UK’s Newest Clearing Bank Joins Bacs Payment Schemes Limited

The first new UK clearing bank in more than 250 years, ClearBank, has become a member of Bacs Payment Schemes Ltd (Bacs), the company behind Direct Debit and Bacs Direct Credit, taking membership up to 17 leading financial institutions. Read more »

Bank of Sydney Partners with Fiserv To Improve Digital Banking Capabilities

Fiserv, Inc., a leading global provider of financial services technology solutions, today announced that Bank of Sydney will work with Fiserv to provide its consumer and small business customers with enhanced digital banking capabilities.  The bank will implement DigitalAccess from Fiserv, an end-to-end solution hosted in a cloud environment, to support all online and mobile applications, infrastructure, and services offered by Bank of Sydney. Read more »

Banco BNI Europa Invests in Portuguese Peer-to-Peer Platform Raize

Banco BNI Europa has signed a strategic agreement with Portugal’s largest peer-to-peer lender RAIZE to boost lending to SMEs in the country. The online challenger bank is looking to invest €10 million over a two year period. The Portuguese economy has experienced strong GDP growth of 2.8% in the 1st quarter of 2017 and in 2016 captured the largest amount of foreign direct investment in the last 20 years.  Read more »

National Bank of Yemen Taps ICS BANKS® from ICS Financial Systems

ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that National Bank of Yemen, which was established in 1969, It is reckoned to be one of the largest Commercial Banks and a prominent contributor in the economic and social development in Yemen, has selected the multi-awards winning systems ICS BANKS® Read more »

Sberbank Taps E-medicine Sector

Sberbank announces closing a transaction to purchase a controlling stake in DocDoc.ru, the leading company on the Russian e-medicine market. Sberbank will hold 79.6% of the company’s stock, while the remaining stake will belong to the founder of the company and its key management. The transaction was closed after the Bank of Russia granted its permission. The impact of this investment on the adequacy of Sberbank Group’s capital will total less... more Read more »

Fiserv Clients Recognized for Mobile Banking and Biometric Innovations at Retail Banker International Awards

 Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that its clients Bangkok Bank and Gesa Credit Union were recognized for their innovative use of technology by Retail Banker International (RBI) at the Retail Banking Conference and Awards 2017. Thailand’s Bangkok Bank wonBest Mobile Banking Strategy for delivering ‘everyday, everywhere’ banking to its customers with Mobiliti Edge™... more Read more »

Alpha One Events Announce Xpress Money as Strategic Partner at the Middle East NXT Banking Summit

~ Sudhesh Giriyan, COO of Xpress Money will be part of the eminent speaker list at the event ~ Read more »

Auriga Urges Banks to Make the Most of Technology to Prepare for Bank Holiday Cash Dash

Auriga, a leading provider of banking technology, is urging banks to prepare for sudden spikes in cash withdrawals this weekend, as another bank holiday puts pressure on banks to get cash to the right place at the right time. Read more »

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