Banking

Successful introduction of Avaloq platform at Raiffeisen

Raiffeisen and Avaloq have made IT history: one of Switzerland’s biggest IT projects was successfully completed at the start of January. In a first for the financial industry, 253 banks (246 Raiffeisen banks, six branches and the central bank) will now be operated on one platform. The platform is available to all 11,000 employees at 900 separate Raiffeisen sites throughout Switzerland. Long-term continuation of a successful collaboration Read more »

Temenos receives ISO 14001:2015 Certification for its Environmental Management System

Temenos, the banking software company, today announced that it has been certified ISO 14001. Temenos has successfully implemented an Environmental Management System (EMS) in the company’s three offices in India (Chennai and Bangalore), which account for 52% of the total global employee workforce and are the hub of its product development activities. In addition, Temenos received ISO 14001: 2015 certification of its EMS, independently verified by... more Read more »

Suits Me partners with HooYu to simplify banking for migrant workers

Leading identity confirmation provider HooYu has partnered with hassle-free alternative banking solution, Suits Me, to help financially-excluded workers get quicker and simpler access to bank services. Read more »

Commercial Bank of Kuwait installs video kiosks at 68 branches

Commercial Bank of Kuwait has started to adopt the smart-branch model by creating a flexible and cost-effective virtual banking system that would allow remote consultations via video kiosks — touchscreen PCs with connected headsets.  The system is based on TrueConf Server, a video conferencing software server. TrueConf’s premises-based solution operates in LAN/VPN and guarantees secure data storage and transfer, which is a strong requirement for... more Read more »

New AAAtraq service helps websites cut compliance risk

Supermarket shopping, banking, switching energy supplier, booking a restaurant table, ordering pizza, choosing a holiday destination. The Internet has transformed our lives by making these everyday actions easy to complete, online, from any device. Yet up to 15 million people in the UK alone face digital accessibility issues when they use websites from many leading commercial or public-sector organisations. Globally it is becoming an expensive... more Read more »

Temenos and Credorax deploy core banking platform in the cloud

Temenos, the banking software company, and Credorax, a leading global smart acquiring banking firm, today announced that it has selected Temenos T24 Transact deployed on the cloud. Temenos’ digital banking platform in the cloud will enable Credorax to expand into new market segments, and accelerate time-to-market for its offerings, for enterprises and small businesses, beyond merchant acquiring, into cross-border payments and banking services. Read more »

Saxo Bank commenting on Apple's Q4 earnings

Commenting on Apple's Q4 earnings results falling short and iPhone sales shrinking as the company's new line-up did not perform as well as expected, Christopher Dembik, Head of Macro Analysis at Saxo Bank said: Read more »

Tide grows almost 10% in January and strengthens position as leader in SME digital challenger banking

Tide adding 5,000 members in January 2019 and is growing faster than any other business banking player Ambitious plans to accelerate growth through recently announced partnership with Clearbank which brings together ClearBank’s robust, next-generation infrastructure andTide’s market-leading propositions to help entrepreneurs run and grow their businesses. Read more »

Banpara selects Netscout to monitor service availability

NETSCOUT SYSTEMS, INC., (NASDAQ: NTCT), a leading provider of service assurance, security, and business analytics, announced today that Banpará – Banco do Estado do Pará – one of the most-highly respected retail banks in Brazil, has deployed the nGeniusONE® Service Assurance Platform to ensure the availability of its services as it expands its operations and extends its infrastructure.  Banpará is the bank of the Brazilian state of Para and one... more Read more »

Tech innovation aims to solve growth challenge at Self-Service Banking Asia 2019

Self-Service Banking Asia returns to Thailand on 3rdand 4thApril 2019. RBR’s flagship Asian conference will explore how the rapid growth in demand for banking services is being addressed with innovative new technology. Presentations will cover the latest developments in cloud-based ATMs, cash recycling and integration of mobile, as well as the ongoing challenges of financial inclusion and rural access to cash. Thailand and southeast Asian... more Read more »

Global open banking provider Token.io appoints new CTO

Turnkey open banking platform provider, Token.io, today announces that Gaurav Kohli has joined the company as Chief Technology Officer (CTO). Read more »

Temenos Community Forum 2019 to showcase the next generation of cloud-native, cloud-agnostic banking software

Temenos (SIX: TEMN), the banking software company, today announced that its annual Temenos Community Forum (TCF), will take place April 2-4 in The Hague, The Netherlands. At its flagship event, Temenos will be showcasing its cloud-native, cloud-agnostic new products: Temenos Infinity – a breakthrough digital front-office product – and Temenos T24 Transact – Temenos’ next-generation product in core banking. Read more »

M1 Finance unveils checking account

M1 Finance, the free, automated banking and investing platform, today announced M1 Spend, the checking account and debit card that enables customers to fully experience the best of digital money management. The new checking account and card will launch later this year. The new functionality integrates seamlessly with the M1 app’s intuitive and fully customizable investment portfolios and flexible, low-cost line of credit to provide a convenient... more Read more »

Awards News: 'HANK' economists, Riksbank, SAMA, Vermeg, WGC, Ion, Deloitte and Vizor win

Central Banking is pleased to announce the third round of winners of its 6th annual industry awards recognising excellence in the central banking community. Read more »

Central Bank of Brazil introduces virtual assistant service

​In January 2019, the Central Bank of Brazil launched the web application Din, a new communication channel that aims to facilitate the citizens' access to information regarding their ongoing relationship with financial institutions. Given that around a third of information requests submitted to the Central Bank are about the reports available in "Registrato" database, Din is a chatbot placed on the "Registrato" page – available only on... more Read more »

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