Banking

Equiniti Pancredit Powers FairMoney - A New Breed of Loan Comparison Site

Equiniti Pancredit is putting responsible lending back at the heart of the consumer credit market with the launch ofFairMoney, a loan comparison site that uses the applicant’s credit profile to match them to the best loans available for their circumstances. Read more »

‘.bank’ Launches into General Availability

".bank” will launch into general availability on June 24 at 00:00:00 UTC for all eligible members of the global banking community. Managed by fTLD Registry Services, the private company owned, operated and governed by banks, insurance companies and their respective trade associations, “.bank”, is a new communications channel, fortified with enhanced security measures that exceed those of most existing and new gTLDs.  During the initial sunrise... more Read more »

London Wins Bid To Host Sibos 2019

London's burgeoning reputation as the tech and financial capital of Europe is to be rewarded in 2019 when it will play host to the annual Swift international banking conference, Sibos, for the first time in the event's 37-year history. Following a successful bid by ExCeL London and London & Partners, the Mayor’s official promotional company, more than 7000 financial services professionals from across the globe will converge on the capital in... more Read more »

Dwolla Joins Fed Fast Taskforce

In 2013, the Federal Reserve decided to step in and start a 40-year conversation in the making, asking the nation’s experts in payments, business, and banking their thoughts on what a faster payment system could look like. Even consumer groups and tech companies like Google got in the mix. Pretty much everyone agreed: a faster payment system is needed. Dwolla has had a unique role and voice in this movement. Since releasing FiSync in 2012 we’ve... more Read more »

Kasikornbank to shut down for 48 hours, July 17-19

Thailand's fourth-largest bank, Kasikornbank is to shut down all services for two days as it upgrades its banking platform. The weekend-long downtime will affect all of the bank's channels, including mobile and branch, and all card services, except credit cards. The move to suspend all services may seem drastic, but the bank is taking no chances following a lengthy and troubled core banking conversion project.  Read more »

Hello bank! by BNP Paribas chooses NetBooster’s Data & Analytics department

NetBooster (FR0000079683 – eligible ALNBT – PEA-PME), a leading independent European agency in digital performance marketing, today announces a new partnership and contract win with Hello bank! the online subsidiary bank of BNP Paribas. Read more »

Banking by Mobile Overtakes Branch Interactions - BBA

Banking by smartphone and tablet has become the leading way customers manage their finances, as mobile banking overtakes branches and the internet as the most popular way to bank, according to the British Banking Association. Read more »

CIMB Niaga has gone live with FERNBACH’s FlexFinance software

CIMB Niaga has gone live with FERNBACH’s FlexFinance software

The Project Steering Committee of CIMB Niaga gave the green light for the official go-live of another important milestone in the introduction of FERNBACH’s FlexFinance FRC software. On this occasion, CFO Pak Wan Razly Abdullah (CIMB Niaga) congratulated EVP APAC Dr. Denis Diop (FERNBACH) on behalf of FERNBACH’s implementation team for the excellent project work that has been completed so far. Read more »

US Bank Tops Consumer Trust Charts

Privacy and information security research firm the Ponemon Institute announced the results of its 11th annual Privacy Trust Study for Retail Banking, measuring consumer perceptions of trustworthiness for retail banking institutes. First conducted in 2004, the study examines how issues related to consumer privacy and data security, and the ways in which retail banking institutions address those issues, translate to consumers' trust. Read more »

Accenture Launches Analytics Applications For Financial Services Firms

Accenture (ACN) is launching seven advanced analytics applications for the financial services industry, including banking and insurance companies, to simplify analytics decision-making by placing insight at users’ fingertips. Configured through the Accenture Analytics Applications Platform, the new advanced analytics applications are designed to help financial services companies improve customer experience and retention, increase sales, simplify... more Read more »

CommBank Releases Smartwatch Apps

Customers of Australia's Commonwealth Bank can now track the movement of share prices and perform everyday banking tasks with a tap of their wrists following the release of two new smartwatch apps. The CommSec Apple Watch app enables customers to track movements in the ASX 200, view their share portfolio, programme in alerts and ask Siri to get live share prices.  Paul Rayson, executive general manager, CommSec, says the new app is meeting the... more Read more »

Mambu upgrades cloud platform for SMEs

Mambu, the SaaS banking platform provider, today announced new capabilities designed to provide small banks, commercial/personal finance companies and microfinance institutions the ability address the complex requirements of lending to small to mid-size enterprises (SMEs). Read more »

Apple Pay expands into UK

Apple Pay will come to the UK in July, Apple confirmed at its Worldwide Developers Conference in San Francisco on Monday. It will be available at more than 250,000 locations - more than the number of merchants it had in the US for last year’s launch. Participating retailers include Marks & Spencer, Costa and Waitrose – as well as Transport for London, meaning that Tube and bus travel can be paid for with Apple’s contactless payment system. Read more »

SmartStream Technologies opens a new office in Nairobi

SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced that it has expanded its global operations with the opening of a new office in Nairobi.  The office is the second in Africa, following the opening of Johannesburg in April 2013. The new operation will be led by Pritesh Kotecha, Senior Vice President for Middle East, Turkey, South Asia and Africa.  Read more »

TransferWise Exceeds the £500m a Month Milestone

London-based money transfer startup TransferWise says it is now processing £500 million a month on its platform, saving customers some £22 million in fees compared to equivalent bank rates. Speaking live on BBC Radio 4’s Today programme, TransferWise founder Taavet Hinrikus says the milestone demonstrates a fundamental shift in people’s awareness of how banks, brokers and others take advantage of customers by hiding the real cost of... more Read more »

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