Banking

Vizolution secures funding from 3 of the world’s largest banks

Vizolution, a market-leading customer experience technology provider, has secured £10m in funding from three of the world’s largest banks. Santander Consumer Finance and Royal Bank of Scotland have joined HSBC as investors in Vizolution. Each of these banks is an existing Vizolution client and uses its transformative suite of solutions to offer effortless customer experiences, both domestically and internationally.  Read more »

Lloyds Bank and iwoca achieve UK first for Open Banking

iwoca, one of Europe’s fastest growing small business lenders, has today successfully released Open Banking for all new customers with a Lloyds Bank account. The company becomes the first ever business lender to connect with any of the UK’s nine largest banks under the Open Banking initiative, launched in January 2018. Read more »

Fenergo Launches Client Lifecycle Management (CLM) Solution for Natixis

Fenergo, the leading provider of Client Lifecycle Management (CLM) software solutions for financial institutions, will deploy its flagship platform, Fenergo CLM, across Natixis’ Corporate and Investment Banking division globally. Natixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the second-largest banking group in France. Read more »

ISXPay®: deposit taking via own BIC: ISEMCY22XXX

iSignthis Ltd subsidiary, iSignthis eMoney Ltd, trading as ISXPay® (“the Company”), is pleased to announce that testing of its deposit taking facilities and software systems has been completed. The resultant International Bank Account Number (IBAN) accounts will shortly be online and IBAN accounts will be interbank network locatable via ISXPay’s SWIFT / Bank Institution Code (BIC) ISEMCY22XXX. Read more »

Avoka Congratulates HSBC for Winning Compliance Category at The Banker’s Tech Project Awards 2018

Avoka, the leader in digital customer acquisition journeys in banking, today congratulated customer HSBC in Europe for their recognition by The Banker’s Tech Project Awards 2018 as the winner of the Compliance Category for their project “Online Know Your Customer (OKYC).” Read more »

Sageworks poll: Most bankers expect to use third-party vendors, advisors for CECL

A majority of bankers expect their financial institutions to use third-party vendors or a combination of advisors and third-party vendors to help them implement the Current Expected Credit Loss model, or CECL, according to an informal poll released by Sageworks and MST. Read more »

Nordea brings Google Pay to customers

Nordea expands its digital payment offering by adding Google Pay, a mobile payment solution for Android phones. Nordea customers in all Nordic countries can now use Google Pay at contactless payment terminals and in apps and online stores. - We want to make everyday life easier for our customers. Mobile payment is a very convenient way to make everyday purchases without carrying your wallet with you, at all times. Mobile payment is easy,... more Read more »

Equifax and consents.online launch first real time Open Banking ID verification solution

Equifax, the consumer and business insights expert, announces the latest development in its partnership with consents.online, integrating Equifax Bank Account Verifier into the Open Banking journey. The new solution means identity information such as the consumer’s name, address and date of birth, can for the first time be matched with transaction data provided through Open Banking in real time. This will help reduce fraud, allowing credit... more Read more »

ICSFS Products: ICS BANKS Notification System ICSFS:01400028123

ICS BANKS Notification System is created to provide the bank with a notification mechanism where certain messages or advertisements will be displayed for certain customers, once their accounts or customer number are keyed in the system, in order to be addressed in a proper way. For example, if a customer is entitled for a new credit card, the bank can add a specific notification where the notification will be displayed once his customer/ account... more Read more »

SWIFT launches new service to block suspicious payments

SWIFT today announces the introduction of Payment Controls, an intelligent new in-network solution to combat fraudulent payments, and to help strengthen its customers’ existing security. Read more »

Mandatum Life and Saxo Bank partner to launch Mandatum Trader service

Mandatum Life will launch a new online trading service based on the Saxo Bank Group’s (Saxo Bank) state of the art investment and trading technology in the first half of 2019. The service opens up a uniquely broad global investment universe both for Finnish stock investors as well as advanced tools and services for active traders. The instrument universe is truly extensive, including more than 35,000 different financial instruments from global... more Read more »

Tradimo Launches Derivatives Nanodiploma Certified by Deutsche Börse

Online financial education specialist, Tradimo has created a Derivatives Nanodiploma™ which prepares its graduates worldwide for the Deutsche Börse “Certified Derivatives Trader” exam  -  a prestigious derivatives qualification which is recognised by the FCA, amongst other leading industry bodies.  Read more »

Yolt and Wealthify announce in-app integration - the smart, simple way to view investments

Yolt, the smart thinking money app, has today announced it has connected with its first investment partner – Wealthify. Read more »

Fidor Wins “Best Neobank” at Efma Accenture Awards for ADIB moneysmart Community

Fidor won Gold in the category of “Best Neobank” at the Efma Accenture Awards for the moneysmart digital community that was launched by ADIB in partnership with Fidor. The awards were held in Lisbon on 17 October. Read more »

Under the radar cyber attacks costing financial services companies $924,390 and getting worse

The 2018 Global DNS Threat Report, shared by EfficientIP, leading specialists in network protection, revealed the financial services industry is the worst affected sector by DNS attacks, the type cyber attackers increasingly use to stealthily break into bank systems. Read more »

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