Banking

Temenos honors customers in ‘Best in Banking Awards’ at Temenos Community Forum 2019

Temenos (SIX: TEMN), the banking software company, today announced the winners of this year’s customer awards. The awards recognize Temenos clients for best practice, achievements and a demonstration of excellence, innovation and a vision for the future of banking. Read more »

CBA Sees Surge in Contactless Payment Transactions Following Apple Pay Roll Out

CBA has seen contactless payment transactions linked to a debit or credit Mastercard almost triple, since the introduction of Apple Pay earlier this year. In over 90 per cent of purchases contactless is now preferred, and the popularity of Tap & Pay methods continues to rise compared with other payment options. “The popularity growth among consumers is also changing the way businesses make and receive payments, with more choosing to go... more Read more »

Three Finnish Banks Select Temenos to Underpin Digital Transformations

Temenos (SIX: TEMN), the banking software company, today announced that three Finnish banks contract wins – Savings Banks Group, Oma Savings Bank Plc and POP Bank Group – they have selected Temenos T24 Transact and Temenos Payments Hub (TPH) to underpin their digital transformations. Their new shared digital core banking platform will be implemented and managed by Cognizant, one of the world's leading professional services companies, through its... more Read more »

Solactive MicroSectors™ U.S. Big Bank Index Launches, on the Basis of New MicroSectors ETNs

Solactive reported about the Solactive MicroSectors™ U.S. Big Bank Index. The Index premiers as Solactive’s first joint collaboration with US company REX Shares, functions as the underlying for a series of long & short ETNs for sophisticated investors, and is linked only to the biggest U.S. banks. With respect to conventional sector classification, the equal-weighted index captures the ten largest securities according to free-float market... more Read more »

Temenos Releases 2019 State of Digital Sales in Banking Report

Temenos (SIX: TEMN), the banking software company, today unveiled the findings of its 2019 Digital Sales in Banking Report. The report, now in its fourth year, compares the digital account opening capabilities of 60 large and representative mid-size banks in North America, Europe and Australia, measuring both the breadth of offerings and the quality of the customer journey. Banks arriving at the digital promised land Read more »

Barclays Chooses Ten Companies To Join Tel Aviv Accelerator

Barclays announces the ten companies that will join the 2019 Tel Aviv Barclays Accelerator, powered by Techstars class. Read more »

Crealogix Research: Consumers ‘zoned out’ from almost 61 million UK bank accounts

More than half of all UK consumers have at least one bank account they no longer use, but have not yet closed. The research, commissioned by CREALOGIX, found that banking customers are also increasingly opening new accounts with challenger banks because they offer personalised features that consumers are looking for. Read more »

Dutch banking giant goes live with Temenos Continuous Deployment SaaS product

Temenos (SIX: TEMN), the banking software company, today announced that ABN Amro has selected Temenos Continuous Deployment, which utilizes DevOps principles and extends the Temenos DevOps operations into the banks environments, to accelerate the bank’s speed of software delivery and rapidly launch new competitive innovations to the market. Read more »

OpenPayd to Unlock Banking

OpenPayd announced today that they are on a mission to ‘Unlock Banking’. The London-based tech firm will simplify payments and banking for businesses through its modular technology and global license network. The OpenPayd group which comprises the Settle Go and Ozan technologies specialises in serving both B2B and B2B2C organisations. Read more »

Archax Chooses ClearBank For Banking Services

ClearBank has today repored that it has been selected by Archax, a forthcoming institutional digital securities exchange based in London, for its pioneering ‘Banking as a Service’ offering. Read more »

Temenos launches Data Lake to fuel next-generation AI-driven banking applications

Temenos (SIX: TEMN), the banking software company, today launched Temenos Data Lake and is first to market with a robust, productized data lake that integrates big data analytics into its banking software. Temenos Data Lake delivers out-of-the box data integration, preparation and optimization to power AI-driven banking applications. Read more »

Tinkoff Group builds the most powerful supercomputer among financial institutions for AI applications

 Tinkoff Group built its own supercomputer in line with its AI First strategy and ambition to develop a platform for machine learning and artificial intelligence.    The Kolmogorov cluster is designed to quickly train models on large datasets built since the company’s inception 13 years ago. Fast connections between computer nodes improve the efficiency of hardware resources in distributed training on huge data sets.  Read more »

Integral's March Volumes Up 17% On February

Integral's , the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $39.0 billion in March 2019. This represents an increase of 17% compared to the previous month and 8.8% more than March 2018.   “Our growth in March was driven by a combination of new customers beginning to... more Read more »

MOXY bank opts NYMBUS to Build D.C.'s Newest Bank in Decades

NYMBUS, the world’s most advanced revenue and technology solutions company, today announced that MOXY bank has selected NYMBUS as the technology foundation for Washington, D.C.’s newest bank in 20 years and the DC, Maryland and Virginia region’s first financial institution in over a decade. NYMBUS’ digital-first product suite was selected by MOXY to rapidly meet, respond to and scale its business to handle and exceed today’s evolving financial... more Read more »

Fourteen Banks and Financial Institutions Launch Drive to Develop Multi-trillion Dollar Trade as an Asset Class

Fourteen leading global financial institutions have launched a drive to use technology and standardisation for the wider distribution of trade finance assets. ANZ, Crédit Agricole CIB, Deutsche Bank, HSBC, ING, Lloyds Bank, Rabobank, Standard Bank, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation are among the banks backing the Trade Finance Distribution Initiative (TFD Initiative). Read more »

Pages

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel