Banking

WSFS Bank Chooses nCino to Foster Additional Loan Growth

nCino, the worldwide leader in cloud banking, announced today that WSFS Bank has selected its Bank Operating System to more cost effectively grow the institution’s commercial and small business lending portfolio. Read more »

Kazkommertsbank rebrands as QAZKOM

On its 25th anniversary day Kazkommertsbank launched new retail brand QAZKOM. The launch was preceded by an intriguing advertising campaign called "Parasatty ult - Smart Nation". In addition the Bank introduced the new generation branch office to become the standard of customer service quality and friendliness of the QAZKOM brand. Read more »

Lloyds Banking Group Helping to Improve Digital Skills for Older People

Lloyds Banking Group with the help of Age UK London hosted 20 people aged between 50 and 70 at its Digital Banking headquarters in London to take part in an event designed to help build digital confidence and awareness. Read more »

Online Banking Solutions Unveils New OBVIATE Security Product

Online Banking Solutions (OBS) announced today the release of a new security solution designed to maximize the online banking user experience and help protect against financial fraud. Read more »

Citi Appointed Depositary Bank for OMV Petrom’s GDR Programme

Citi’s Issuer Services business, acting through Citibank N.A., has been appointed by OMV Petrom S.A. (“OMV Petrom”), the largest oil and gas group in Southeastern Europe, as depositary bank for its Global Depositary Receipt (GDR) Programme. OMV Petrom’s GDRs are listed and trade on the London Stock Exchange (LSE) under the symbol “PETB” for the Regulation S GDRs and “PETR” for the Rule 144A GDRs, with each GDR equivalent to one hundred and fifty... more Read more »

Findings Highlight UK Millennials are Uneasy of Sharing Personal Information to Open Bank Accounts

A new research report released today found that while Millennials depend on their digital devices, they are still uneasy sharing personal information to open bank accounts. The report, UK Millennial Study: Privacy vs. Customer Experience in Financial Services, focused on UK Millennials’ tolerance of friction when opening new bank accounts or credit cards, and their level of comfort when sharing personal information online and on mobile. The... more Read more »

Rambus Bell ID Enhances Tokenization Management for Banks

In response to the increasing complexity and fragmentation of the near field communication (NFC) mobile payments ecosystem, Rambus Bell ID – part of the Rambus Security Division – has launched Token Gateway. Issuing banks can now manage tokenization activity for the ‘OEM Pay’ mobile wallets through a single software platform. This significantly simplifies and consolidates integration with the multiple token service providers (TSPs) operated by... more Read more »

LendingCrowd Goes Live with P2P Investor Deal

LendingCrowd, one of the UK’s fastest-growing alternative finance lenders to the SME market, has announced a market-leading offer to investors who are thinking about adding P2P to their investment strategy. By investing £5000, investors will get a 2.5% joining bonus allocated to their accounts and access to a lending platform that achieved an 8.1% rate of return over the last twelve months. Read more »

SME Digital Services – the Disconnect Between Customer & Bank

Financial services providers, if they want to retain the loyalty of their small business customers, need to provide a more considered offering than they currently do. Research we conducted last year showed that 68% of SMEs are willing to look elsewhere for financial services, and that more than half are tempted to switch banks to get the service they require. Read more »

Money20/20: Mobile Banking and Payments Security Experts Available

On hand at Money20/20 (October 23–26, 2016; The Venetian, Las Vegas) are two senior executives from Entersekt, the mobile app security and authentication market leader. They can provide commentary on advances in online and mobile banking security and how critical mobile innovation is to financial institutions’ long-term futures. Dewald Nolte is a co-founder of Entersekt. As SVP partnerships and alliances, he is responsible for building Entersekt... more Read more »

Banco CTT Implements Misys FusionBanking Essence

Misys today announced the successful implementation of Misys FusionBanking Essence for Banco CTT, a new bank launched by Portugal’s national post service, CTT Correios de Portugal. The bank opened its first branch in November 2015 and then launched 51 branches in one day in March 2016 – the largest such opening in the country’s history – and is aiming for 200 branches by the end of the year. Read more »

Open Technology Solutions Chooses Alkami’s ORB Platform

Alkami Technology, a provider of online and mobile banking solutions for financial institutions, announced that Open Technology Solutions (OTS), a Centennial, Colo.-based Credit Union Service Organization (CUSO), has selected its ORB digital banking platform to provide OTS’s member credit unions, including Denver-based Bellco Credit Union, New York-based Bethpage Federal Credit Union (Bethpage FCU) and Baltimore-based SECU of Maryland (SECU),... more Read more »

ICBA Names Michael E. Kochenour as Eastern Region Community Banker of the Year

 York Traditions Bank (OTC Pink: YRKB), headquartered at 226 Pauline Drive in York Townshipwas notified by the The Independent Community Bankers of America® (ICBA) in Washington, DC this week that Michael E. Kochenour, York Traditions Bank Founder, Chairman and CEO is the eastern region winner of the association's 2016 National Community Banker of the Year award. This annual award recognizes the exceptional work and commitment of individual... more Read more »

Mohammed Kateeb Received the Leadership Award in Information Technologies & Media

On Monday 10th October, Professor Laurent Marliere, publisher of ISLAMICA 500 presented Mohammed Kateeb, Group Chairman & CEO of Path Solutions, the prestigious Leadership Award 2017 in Information Technologies & Media. Held in conjunction with the ‘Global Islamic Economy Summit (GIES 2016)’, the ISLAMICA 500 private award reception took place at the Hilton Dubai Jumeirah Beach, UAE. Read more »

Commonwealth Bank of Australia Deploys Misys Corporate Banking Solution

Commonwealth Bank of Australia (CBA) has selected Misys to provide cloud-ready, connected institutional banking technology solutions to support its banking services outside of Australia.  The connected corporate banking solution from Misys will enable digitisation of end-to-end business processes that facilitate connected lending, trade and cash management. The agreement covers CBA’s operations outside of Australia and will provide a single,... more Read more »

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