Banking

ACI Worldwide and Western Union Announce Early Termination of HSR Waiting Period in Connection with Proposed Acquisition of Speedpay U.S. Domestic Bill Pay Business

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, and The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, today announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to ACI’s previously announced acquisition of Speedpay... more Read more »

Klarna launches Open Banking Platform

Today, Klarna, one of Europe’s leading payment providers and the global market leader in payment initiation services, announces the launch of its own Open Banking Platform. This platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna’s XS2A API is the most established and proven solution that has been developed at scale across markets for... more Read more »

VERMEG appoints senior banking and payments expert as General Manager in the UK

VERMEG, the banking and insurance software solution leader, has appointed Philip Harrison as General Manager for the United Kingdom (UK). Philip joins the VERMEG Executive Committee with over thirty years’ experience and takes responsibility for sales, pre-sales, professional services and client support across all industries and product lines throughout VERMEG UK. Read more »

Bank 131: CEE's first Fintech bank

New bank is going to focus on active internet population that not only shops, but also earns their income online: both companies and entrepreneurs. Looking forward it might also consider servicing individuals, but not from the beginning. Bank 131 strategy is to make a transparent and compliant way of making business and earning income online. Which is not always the case at this point. Up till now the online businesses and entrepreneurs face... more Read more »

Pelican expands pan-European Open Banking API interoperability

Pelican (pelican.ai), a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, today announced the further extension of its API Interoperability solution, with expanded support for the six popular Open Banking API standards, now including the UK’s OBWG, France's STET and the Berlin Group, together with the Czech ČSOB, and the Polish and Slovakian APIs. Read more »

Two of the World's Largest Banks are Migrating to the Clareti Platform

Gresham Technologies plc, the leading software and services company that specialises in providing real-time data integrity and control solutions announces a second major global bank win in the first quarter of 2019. Since the first Clareti customer went live in 2013, Clareti technology has been adopted by over 100 firms and the platform has become a de-facto industry standard for enterprise data integrity and control.  Read more »

CTBC Bank and Emirates NBD recognised as Best Retail Bank in Asia Pacific and the Middle East, respectively at The Asian Banker Excellence in Retail Financial Services Awards 2019

The Asian Banker Annual Excellence in Retail Financial Services Awards Ceremony and Dinner 2019 took place at the Conrad Dubai. Over 200 senior bankers from 40 banks across Asia Pacific, Middle East and Africa gathered to recognise institutional best practices and outstanding achievements in 2018. Read more »

Finastra brings community banking services outside the branch with the launch of Fusion Digital Front Office

 Finastra has launched Fusion Digital Front Office, an innovative tablet-based banking platform that enables community banks and credit unions to take services directly to the consumer, outside of the branch. The solution provides a simple gateway to manage account origination, sales and service, and transaction processing from any remote location. Read more »

Krungsri, a Tier-One Thai bank, Implements Surecomp’s allNETT 6.3 to Power Digital Trade Transformation

Surecomp®, the leading global provider of trade finance solutions for banks and corporates, announced today the successful upgrade of allNETT®, a SWIFT compliant web based front-end trade finance system for The Bank of Ayudhya Public Company Limited (Krungsri Group). The bank will now be running allNETT 6.3 alongside Surecomp’s back-office trade finance solution; together they will provide Krungsri a seamless, end-to-end processing of their... more Read more »

Digitization Emerging as the Key to Survival in Banking

With the momentum that has lifted the banking sector's performance over the first half of the decade slowing in all major markets, banks must leverage digital technology to battle disruption and stem the threat of disintermediation brought on by fast-moving, newer entrants—or pay the price in staying power and profitability, according to a new report by Boston Consulting Group (BCG). The report,  Read more »

Tandem Bank Partners with Token to Leverage Opportunities in Open Banking

Turnkey open banking platform provider, Token.io Limited, today announces that its technology is enabling digital challenger bank Tandem to achieve PSD2 compliance and leverage open banking opportunities. Tandem is a digital-only bank that provides a money management app, credit cards and fixed-rate savings accounts to more than 500,000 consumers across the UK. It is integrating Token’s full suite of open banking solutions into its core platform... more Read more »

Chase introduces low-cost checking account

Chase is launching Chase Secure Banking, a low cost checking account that can help more consumers around the country access a traditional banking relationship, including those new to banking or who have had trouble getting or keeping an account in the past.  The new account, available to customers today, comes with a low monthly service fee of $4.95 and all the benefits of Chase, like access to thousands of fee free Chase ATMs, Chase’s mobile... more Read more »

MONEVO LAUNCHES CUTTING EDGE PERSONAL LOAN API & TECHNOLOGY TO GIVE CONSUMERS PERSONALISED COMPARISON EXPERIENCE

MONEVO LAUNCHES CUTTING EDGE PERSONAL LOAN API & TECHNOLOGY TO GIVE CONSUMERS PERSONALISED COMPARISON EXPERIENCE  MONEVO, Europe’s largest personal loan market place and platform, has launched Credit Staq for the UK market; a cutting-edge tech solution which gives consumers access to a comparison of pre-approved lending options from across the whole market.  Read more »

Chase Reveals Chase Secure Banking, a Low Cost Checking Account to Increase Access to Banking

Chase is launching Chase Secure Banking, a low cost checking account in order to provide access a traditional banking relationship for more consumers around the country, including those new to banking or who have had trouble getting or keeping an account in the past. The new account, available to customers today, comes with a low monthly service fee of $4.95 and all the benefits of Chase, like access to thousands of fee free Chase ATMs, Chase’s... more Read more »

Financial audit revolution as Circit brings Open Banking to the audit profession

Circit, the innovative audit confirmation platform, is pleased to announce it has been granted registration as an Account Information Service Provider (“AISP”) by the Central Bank of Ireland (“CBI”). Regulation by CBI paves the way for Circit to connect auditors with independent sources of audit evidence held by the banks of their client companies. Read more »

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