Banking

Sopra Banking Software and Axway launch a digital platform for financial services players

Sopra Banking Software, a trusted partner for banks, and Axway, a catalyst for digital transformation, are preparing a digital platform that aims to create new customer experiences while enabling financial players to comply with PSD2. Full-throttle change in the world of banking: the emergence of Open Banking Read more »

Overbond Adds Swap Price Calculator to Corporate Bond Intelligence Toolkit

Overbond, the first end-to-end Capital Markets fintech platform for primary bond origination, has unveiled its new Corporate Bond Intelligence Tool (COBI) Swap Pricing calculator with advanced analytics and visualisation.  The digital tool helps treasurers more effectively evaluate funding costs in multiple currencies and markets simultaneously. Overbond’s COBI Swap, powered by Thomson Reuters data, is the first institutional-grade swap... more Read more »

CrossFirst Bank Partners with nCino to Facilitate Operational Efficiency and Customer Experience

nCino, the worldwide leader in cloud banking, today announced that CrossFirst Bank has deployed its Bank Operating System to enhance operational efficiency and the customer experience in the bank’s commercial loan process.  Read more »

Irdeto Partners Rogue Wave Software to Provide Secure Open API Offerings for Banks and Payment Service Providers

Irdeto, the world leader in digital platform security, and Rogue Wave Software, maker of Akana and a leading provider of API Management, API security and Microservices solutions for digital businesses, have announced a partnership to help banks and payment service Read more »

Accuity Research Shows 25% Drop in Global Correspondent Banking Relationships Linked to De-risking

Recent banking research (“the Research”) from Accuity, the global financial crime compliance, payments and KYC solutions provider, has revealed that between 2009 and 2016, correspondent banking relationships, where one financial institution provides services on behalf of another in a different location to facilitate cross-border payments, have reduced globally by 25%. This comes despite the fact that global GDP per capita grew during the same... more Read more »

Sberbank AGM First to Use NSD E-voting Platform

National Settlement Depository (NSD), Russia’s central securities depository, has completed development of the e-voting platform. The new service will be used for the first time at Sberbank’s annual general meeting of shareholders summing up the 2016 results. The e-voting platform is a universal voting mechanism. It enables security holders not only to remotely participate in shareholder meetings held via either joint presence but also to vote... more Read more »

OCC and EquiLend Clearing Services Partners with CCP Securities Lending

OCC, (Options Clearing Corporation) the world's largest equity derivatives clearing organization, and EquiLend Clearing Services (ECS), the global securities finance trading platform and technology provider, have joined forces to bring greater access to central counterparty clearing in the securities finance marketplace. Read more »

Iam Bank to Start Professional Therapist at Finance Workshops

Enterprising, global digital-only bank, iam bank (iam), which launches in September 2017, will roll out free learning and therapy-based financial workshops across the UK and USA to educate and empower consumers around their financial decisions; a move which is the first of its kind. Read more »

EBA Introduces Consultation Services on PSD2 Security Guidelines

The European Banking Authority (EBA) launched today a consultation on its draft Guidelines on security measures for operational and security risks under the revised Payment Services Directive (PSD2).  The Guidelines have been developed in close cooperation with the European Central Bank (ECB), and are in support of the objectives of PSD2, such as strengthening the integrated payments market in the EU, mitigating the increased security risks... more Read more »

Emirates NDB to Launch Cheque Chain Initiative to Integrate Blockchain Technology into Cheques

Emirates NDB, a leader in the regional banking industry, unveils the launch of “Cheque Chain”, a technological advancement that will embed blockchain technology into cheques to strengthen their authenticity decrease potential fraud. The implementation of the Cheque Chain initiative is scheduled for the second half of the year. Read more »

BNP Paribas Signs a Global Partnership with Snap

BNP Paribas, first European bank to sign a global partnership with Snap Inc., the parent company of Snapchat. With this new collaborative initiative, BNP Paribas strengthens its proximity to Millennials and anchors its position as the leading bank on social networks. Read more »

PrivatBank Selects Verifone for POS Solutions

Verifone, a world leader in payments and commerce solutions, announced that it has been selected as the payment solution and service provider for PrivatBank, the largest acquirer in Ukraine.  As part of a three-year service agreement, Verifone will set up and manage PrivatBank merchants with point-of-sale (POS) solutions giving PrivatBank the freedom to focus on their more than 120,000 merchant clients of all sizes and verticals with financial... more Read more »

Market Gravity to Launch Experiential Banking Innovation Lab – Studio B

Clydesdale and Yorkshire Banks has partnered with Market Gravity to design, implement and launch an experiential banking innovation lab – Studio B.  Read more »

Hamburger Sparkasse Extends Partnershipl with Diebold Nixdorf

Hamburger Sparkasse (Haspa), Germany's largest savings bank, has extended its successful IT outsourcing partnership with Diebold Nixdorf (NYSE: DBD), a global leader in driving connected commerce, for an additional seven years.  Read more »

Temenos Announces a Winner at Innovation Jam Final

Temenos, the software specialist for banking and finance, has today announced that the winner of its global Innovation Jam contest is fintech start-up Paykey. PayKey is the world’s first payment keyboard. PayKey uses patent-pending payment technology that works with popular messenger apps. Users just tap the "$" key to unlock payment mode directly within the app to transfer funds. PayKey, winners of the heat in Miami, was selected by a panel of... more Read more »

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