Banking

Mogo Launches New Digital Account on Journey to Build the Best Digital Banking Experience in Canada

Mogo Finance Technology Inc. (TSX: GO) ("Mogo") announcedthe launch of its new Mogo®Account and iOS mobile app, setting a new standard for what consumers expect in a digital banking experience. With a three-minute account opening experience and instant access to three innovative products, including a free credit score1, the first free credit score in Canada that will be available with free monthly updates, Mogo has achieved a major milestone on... more Read more »

Q2 Holdings Names Bob Michaud as New Chief Security Officer

Q2 Holdings, Inc., a leading provider of secure, cloud-based virtual banking solutions for regional and community financial institutions, announced  that longtime financial services industry veteran Bob Michaud has joined the company as chief security officer. He will oversee IT audit, risk and compliance activities at Q2. Read more »

U.S. Bank Launches Safe Debit Account

U.S. Bank has introduced the Safe Debit Account, which offers key benefits of a traditional account without checks or overdraft fees. Read more »

BACB Opts Temenos Corporate Suite for IT Replacement Project

Temenos, the software specialist for banking and finance, today announces that BACB, the London based provider of trade finance and treasury services to Africa and the Middle East, has selected Temenos’ CorporateSuite, which includes Channels and Analytics for Corporates, to replace existing legacy systems. Read more »

Merchant Bank of Sri Lanka Taps Fiserv for New Core Banking and Front-end Teller Systems

 Fiserv, Inc., a leading global provider of financial services technology solutions, today announced that Merchant Bank of Sri Lanka & Finance PLC (MBSL) has selected the Signature® core account processing platform and Teller front-end teller system from Fiserv. Read more »

IDFC Bank Cooperates with Backbase to Boost Customer Experience and Digital Banking

IDFC Bank has partnered with Backbase to implement its omni-channel digital banking platform. With this platform, IDFC Bank will be able to provide its products and services to customers through multiple channels synchronously, creating a single multimodal touch point. Read more »

IDFC Bank Parnters with Backbase to Implement its Omni-Channel Digital Banking Platform

IDFC Bank has partnered with Backbase to implement its omni-channel digital banking platform. With this platform, IDFC Bank will be able to provide its products and services to customers through multiple channels synchronously, creating a single multimodal touch point. Read more »

CMA Analyzes the Pivotal Role of Digital in Banking’s Development

The recent Competition and Markets Authority report set out a vision of how technology can be used to inject competition to the £16 billion personal current account and small banking market. Challenger banks criticised the report, stating it focuses on the needs of the larger players who dominate the field, and not highlight other measures to increase competition and choice for customers. Global digital solutions provider Syntel believe that... more Read more »

Capital One Introduces Spark 401k

Capital One announced the launch of Spark 401k, providing low-cost, all-ETF 401(k) plans designed to empower business owners and their employees to invest for the future. Spark 401k is the latest addition to Capital One's small business solutions suite, which includes Spark Business' award-winning credit cards, best-in-class banking products, and payments and e-commerce tools.  Read more »

KeyBank Adds Masterpass by Mastercard to Expand Client Mobile Payment Options

KeyBank has added Masterpass by Mastercard to its mobile payments capabilities in response to steadily growing client mobile payment use. "We know our clients want to be able to choose the banking product that best fits their individual need, and mobile payments is no exception," said Jason Rudman, director of KeyBank Consumer Payments and Digital Banking. "Whether clients prefer to pay via tap, dip or swipe, we want to be our clients' primary... more Read more »

CR2 and Nigeria’s Diamond Bank Team Up to Release ATM Banking in Nigeria

CR2 and Nigeria’s Diamond Bank have been working closely to raise the stakes in ATM banking in the country, having just released the next generation of ATM banking services into the market. We are proud to say that this upgraded ATM experience is enabling over 10 million Diamond Bank customers to access services on the ATM which go beyond mere cash transactions and allow them to make multiple business and financial transactions simply and... more Read more »

SAP SE Won the Asian Banker Technology Innovation Awards 2016

SAP SE announced that it won two awards at the annual Asian Banker Technology Innovation awards program. SAP won the award for the "Best Mobile Banking Project" in Indonesia for its work with BTPN Bank and the "Best Mobile Payment Project" award in Indonesia for its work with Bank Central Asia. Read more »

FIS Completes of Amendments to Existing Credit Facility and Term Loan Agreement

FIS™, a global leader in financial services technology, today announced the completion of an amendment and restatement of its existing credit agreement and an amendment of its existing term loan agreement. Read more »

FICO Survey: Millennials 2 To 3 Times More Likely To Switch Banks

FICO’s latest consumer research on why people switch banks found that Millennials (25-34 years-old), a group at the peak of financial services usage, are 2 to 3 times more likely to close all accounts with their primary financial institution than people in other age groups. The same demographic said they are twice as likely to close all accounts and switch banks this year than they were last year. This could drive a high amount of customer churn... more Read more »

QASymphony Chooses Bridge Bank for its Technology Industry Expertise

 Bridge Bank announced today that it has provided a $3 million venture term loan facility to Atlanta-based QASymphony, a leader in agile testing software. QASymphony will use the credit facility to help finance its ongoing growth strategy, including expansion into the European market. Read more »

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