Banking

Varo Money goes live with Temenos’ digital banking platform

Temenos (SIX: TEMN), the banking software company, today announced that mobile banking company, Varo Money Inc., has signed for T24 Core Banking as well as the Lifecycle Management Suite which will be implemented on the Temenos Cloud. Read more »

Bank of China US Branches Go Live with Fenergo Client Lifecycle Management Solution

 Fenergo, the leading provider of Client Lifecycle Management solutions for financial institutions, announced today that the BoC US Branches, subsidiaries of the 4th largest bank in the world, have gone live on its Client Lifecycle Management platform, Fenergo CLM. Read more »

Clarien Bank Migrates to VSoft’s SaaS Environment for its Back Counter Deposit Solution

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced that Bermuda-based Clarien Bank, with more than $1 billion in assets, has selected its Software as a Service (SaaS) delivery model for its OnView Back Counter Deposit solution. Read more »

Bank of China US Branches Go Live with Fenergo Client Lifecycle Management Solution

Fenergo, the leading provider of Client Lifecycle Management solutions for financial institutions, announced today that the BoC US Branches, subsidiaries of the 4th largest bank in the world, have gone live on its Client Lifecycle Management platform, Fenergo CLM. Read more »

Spotcap Issues Quarter of a Billion in Credit Lines to Businesses

Global fintech lender Spotcap has issued more than EUR 250 million in credit lines since its launch in 2014. The company combines robust credit assessment principles with innovative technology to offer a smooth and straightforward loan experience. The fintech undertakes cash flow based, rather than credit-score based underwriting, resulting in a fair assessment of the real-time performance of a business. Read more »

Digital Finance Europe brings together banks, fintechs

The European Banking Federation has teamed up with B-Hive for Digital Finance Europe 2018, taking place on 26 September in the auditorium of the Belgian National Bank. EBF and B-Hive share the common objective of enabling financial innovation in Europe while leveraging the regulatory and financial knowledge that Brussels has to offer as the capital of Europe. Read more »

Open Banking ‘could drive down the cost of advice’, finds Bravura roundtable

Open Banking could drive down the cost of advice, participants at a recent roundtable hosted by Bravura Solutions Limited (Bravura) predicted. The attendees, which included senior platform executives, workplace savings providers and financial advisers, believe the use of banking data would not only improve the standard of advice in the UK but improve access to it also. Read more »

ICSFS Completes a Successful Blockchain Proof of Concept with Arab Jordan Investment Bank

 ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, has successfully completed the implementation of blockchain proof of concept (PoC), which was conducted at  Arab Jordan Investment Bank (AJIB), one of Jordan’s leading investment and commercial banks, through ICS BANKS Blockchain Adapter between Amman Head Office and Cyprus Branch (Limassol). Read more »

Australia’s first SME challenger bank opts Temenos

Temenos (SIX: TEMN), the banking software company, today announced that Judo Capital has selected Temenos T24 Core Banking, Channels, Analytics and Financial Crime Mitigation, to power its charge into the business banking sector. Judo will leverage Temenos’ global expertise and 25 years of experience in providing proven, packaged, upgradeable software to launch a challenger bank specifically geared toward SMEs.   Read more »

Oracle Net suite installed at Ebanx

Oracle NetSuite has started the process of integrating its Enterprise Resource Planning (ERP) software into EBANX, global fintech company with Latin American DNA, that offers local payment solutions from Latin America to websites that sell internationally. Read more »

Path Solutions Announces Momentum Signing Up BTI Bank

Path Solutions, an established leader in providing cutting-edge software solutions to the Islamic financial services industry, is pleased to announce that Bank Al-Tamweel Wa Al-Inma (“BTI Bank”) has selected iMAL Islamic core banking platform for its retail, commercial and corporate banking operations, as well as for multi-channel support, analytics, risk and compliance. Read more »

Path Solutions announces momentum signing up BTI Bank

Path Solutions, an established leader in providing cutting-edge software solutions to the Islamic financial services industry, is pleased to announce that Bank Al-Tamweel Wa Al-Inma (“BTI Bank”) has selected iMAL Islamic core banking platform for its retail, commercial and corporate banking operations, as well as for multi-channel support, analytics, risk and compliance. Read more »

Augmentum Fintech plc announces £5.3 million investment in Monese

Augmentum Fintech plc (LSE: AUGM) (“Augmentum” or the “Company”), one of Europe’s leading fintech venture capital investors, announces an investment of £5.3 million in UK based fast-growing mobile-only current account provider Monese. Augmentum is participating in this £46 million Series B fundraising alongside Kinnevik, PayPal and Avios, all of whom are investing in Monese for the first time. Read more »

Clickatell Transact Enables United Bank for Africa (UBA) to launch Chat Banking (Leo) on WhatsApp in Nigeria

Clickatell (www.Clickatell.com/products/transact), an authorized WhatsApp Business Solution provider, is proud to announce that United Bank for Africa (UBA) will be going live with their Chat Banking solution – Leo on WhatsApp. Read more »

TIBCO Announces the AI-Powered A(X) Experience for Spotfire

TIBCO Software Inc., a global leader in integration, API management, and analytics today announced the A(X) Experience for TIBCO Spotfire, an industry-first, AI-driven analytics experience that fuses agile data exploration with natural language processing (NLP), machine learning recommendations, and model-based authoring, adding native support for real-time streaming data. Read more »

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