Deutsche Bahn and Tink Partner for Enhanced Direct Debit Setups
- 1 month 2 weeks ago
- Banking
Deutsche Bahn (DB), the national railway company of Germany, and Tink, a market-leading payment services and data enrichment platform, have partnered up for direct debit setups. DB enables customers using its modern mobility sharing systems, run by the subsidiary DB Connect, to seamlessly connect their bank accounts for easier account onboarding.
NTT DATA Builds a Center of Excellence on Tuum technology to Drive Core Banking Modernization
NTT DATA, a global business and IT services leader, today announces the launch of a corporate Center of Excellence (CoE), based in Iberia, focused on using cloud-native technology from Tuum to ease deployments and reduce time-to-market for banks looking to replace core systems.
Banking Circle Delivers Innovative Agency Banking Service
- 1 month 2 weeks ago
- Banking
Banking Circle’s latest enhancement to its Agency Banking solution provides Financial Institutions (FI’s) and Payment Service Providers (PSP’s) with a faster and cheaper access point to local payment schemes to expand into further markets. The solution delivers indirect access to EURO local clearing via SEPA Credit Transfer (SCT), SEPA Instant Credit Transfer (SCT Inst) and GBP via Faster Payments Service (FPS).
Only 6% of Retail Banks Have Built an Enterprise Roadmap to Drive AI-driven Transformation at Scale
- 1 month 2 weeks ago
- Banking
The 20th anniversary edition of the Capgemini Research Institute’s World Retail Banking Report, published today, reveals 80% of retail bank executives believe that generative AI represents a significant leap in advancing AI technology. However, only 6% of retail banks are ready with a roadmap for enterprise-wide AI-driven transformation at scale.
Icelandic Bank Benefits from Reduction in False Positives Following Real-time Integration Between CBA’s IBAS and Swift’s Transaction Screening Service
- 1 month 2 weeks ago
- Banking
Norwegian software vendor Commercial Banking Applications AS (CBA), today announced that Landsbankinn in Iceland is benefitting from the seamless integration of Swift’s Transaction Screening Service (TSS) with CBA’s IBAS GBF - Global Banking Factory – which the bank uses to run
Appian Partners with Symphony to Enable Compliant Financial Communications and Process Automation
- 1 month 3 weeks ago
- Banking
Appian (Nasdaq: APPN) has partnered with Symphony, the leading markets’ infrastructure and technology platform, to help banks and financial services firms communicate, collaborate, and automate compliantly in a highly competitive and regulated market. The partnership will enable customers to embed auditable, compliance-enabled omnichannel communications on popular platforms into their workflow for increased efficiency and transparency.
Chase Named the Official Banking Partner of the Home Nations Football Teams
- 1 month 3 weeks ago
- Banking
Digital bank Chase has today been announced as the Official Banking Partner of the Home Nations Football Teams. Chase will be working with the England, Northern Ireland, Scotland and Wales Men’s, Women’s, Youth & Para national teams, across a four-year period. The partnerships will see the Chase logo appear on training kit worn by the Men’s and Women’s teams.
As Citibank Is Sued, Banks Will Have to Face The Duty To Protect Their Customers
- 1 month 3 weeks ago
- Banking
Perhaps best-known for bringing a civil fraud case against Donald Trump, the verdict of which is expected to be announced later this month, New York Attorney General Letitia James is now focusing on the fraud committed by cybercriminals against Citibank customers – and the bank’s failure to protect them.
Lithuania’s Šiaulių Bankas Selects Temenos SaaS to Modernize Core Banking in the Cloud
- 1 month 3 weeks ago
- Core Banking, SaaS
Temenos, today announced that Šiaulių Bankas, the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos to modernize its core banking platform. Šiaulių Bankas will migrate its retail and corporate banking including trade finance to Temenos Banking Cloud, supporting the bank’s growing business needs with increased flexibility and resilience.
Orion Innovation Partners with Africa and Gulf Bank to Provide Innovative Digital-First Financial Products and Services
- 2 months 11 hours ago
- Core Banking, PaaS
Orion Innovation, a leading digital transformation and product development services firm, is excited to announce it has signed a deal with Africa and Gulf Bank (“AGB”) to modernize the bank’s banking products and services.
Security Bank Drives Digital Transformation of Wealth Management Business with Avaloq
- 2 months 12 hours ago
- Banking
Security Bank has entered a new partnership with Avaloq, a leading provider of wealth management technology and software. The bank aims to digitalize its wealth management business with the Avaloq Core Platform and to roll out Avaloq’s Relationship Manager (RM) Workplace solution to strengthen its front office.
Finastra and UNITAS Partner to Bring Leading Treasury Solution to Banks in South Korea
- 2 months 1 day ago
- Banking
Finastra has today announced UNITAS as a strategic partner for Finastra’s Kondor treasury solution in South Korea. The combination of Finastra’s best-of-breed trading system with UNITAS’s local expertise and deep experience in providing risk and compliance solutions to financial institutions will enable more banks in the country to digitally transform and grow their business.
Griffin Launches Foundations, an Early Access Programme for UK Companies to Embed Banking Products
- 2 months 1 day ago
- Banking
Griffin, the API-first UK bank and full-stack Banking as a Service (BaaS) platform, has announced that it is accepting applications for its early access programme, Foundations. This comes after a successful pilot programme for its first set of customers. Foundations are designed for companies in the UK who want to offer financial products to their customers and build directly on a full-stack BaaS provider.
Tandem Bank Commits to HMT’s Women in Finance Charter
- 2 months 3 days ago
- Banking
Tandem, the UK’s greener, digital bank has announced it has become a signatory of the Women in Finance Charter, becoming one of the latest banks to back the Government and industry’s push for gender balance in financial services. The Charter, launched by HM Treasury, commits signatories to support the progression of women into senior roles across financial services.
Banks Can Tackle Financial Fraud by Using New Homomorphic Encryption Technology
- 2 months 4 days ago
- Banking, Cybersecurity
Criminals successfully stole over half a billion pounds over a period of just six months in 2023 through fraud, according to new research from UK Finance. The threat of fraud, coupled with the various regulatory demands placed on banks and financial institutions, means protecting customers and their data from outside threats is an increasingly tall challenge.
