Emirates NBD Building Artificial Intelligence-enabled Bank of the Future with AWS
- 5 years 12 months ago
- Banking, Infrastructure
Amazon Web Services (AWS), announced that Emirates NBD, a leading bank in the Middle East, is collaborating with AWS to create a culture of innovation within the bank and is using AWS machine learning (ML) services to build a personalised retail customer banking experience. Emirates NBD will also utilise AWS data analytics, Internet of Things (IoT), Natural Language Processing (NLP), and other advanced technologies as part of its ongoing efforts... more
Tink Open Banking Study: Financial Institutions Conflicted but Cautiously Optimistic
- 5 years 12 months ago
- Banking
Open banking was launched to spur innovation in the financial services industry and create a better deal for consumers. But new research published today by open banking platform Tink reveals that European financial institutions still have significant concerns about its impact. Two fifths (39%) see open banking regulation as the biggest current threat to their business model and 56% fear that consumer loyalty towards banks will be significantly... more
Path Solutions Named as the Number One Islamic Banking Software Provider Worldwide for Tenth Year
- 5 years 12 months ago
- Banking
Path Solutions, the global Islamic banking software company was ranked ‘Number One Islamic Banking Software Provider’, as well as ‘4th Global Universal Banking System Provider in 2019’ according to the latest IBSI Sales League Table.
RegTech Firm ClauseMatch Secures $2.5. Million Venture Debt Funding
Following recent expansion in Singapore, London based RegTech firm ClauseMatch closed its first venture debt funding round with Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses and their investors. The $2.5 million loan package agreed between ClauseMatch and Silicon Valley Bank will be allocated to support the company's continued growth in Europe and Asia. Recently the company started operations in South East Asia,... more
Sopra Steria Expands Suite of Regulatory Solutions Through Alliance with Inbotiqa
- 5 years 12 months ago
- Banking, Security, Compliance
Sopra Steria is today announcing an alliance with Inbotiqa, the provider of next-generation Intelligent Business Email solutions, extending its range of services answering the need for greater security and regulatory compliance across communications.
UBX opts Temenos to transform banking in the Philippines
- 6 years 3 days ago
- Banking
Temenos (SIX: TEMN), the global banking software company, today announced a partnership with UBX, the fintech subsidiary of UnionBank of the Philippines, the seventh-largest bank in the Philippines. The UBX partnership with Temenos aims to deliver digital banking to millions of people in the Philippines in the next five years. The partnership will give UBX partner financial institutions access to Temenos’ integrated and highly scalable core... more
Wari Integrates with WhatsApp to Enable Customers Request Financial Services
- 6 years 3 days ago
- Transaction Banking, Payments, Banking, Technical
More than 1-billion people in over 180 countries use WhatsApp to stay in touch with friends and family, anytime and anywhere. It is this very reason that has driven Wari (www.Wari.com) to integrate with the WhatsApp Business solution to enable customers – through strategic partnerships - to request its financial services around the world on WhatsApp.
Khaleeji Commercial Bank Fully Compliant with the Central Bank of Bahrain’s Open Banking Directives
- 6 years 4 days ago
- Banking
Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in Bahrain, has officially announced its readiness for open banking services today, making it the first bank in Bahrain and the MENA to be fully compliant with the CBB’s directives.
Cryptomathic Announces Acquisition of Aconite Technology
Cryptomathic, the global specialist in secure server and payments solutions, today announces the strategic acquisition of end-to-end EMV® card lifecycle, transaction processing and PIN management provider, Aconite Technology. Both Cryptomathic and Aconite Technology are widely respected for their long standing and deep expertise in the provisioning of secure infrastructure for EMV payments. The acquisition will enable the two firms to leverage... more
Finastra’s open cloud platform drives collaboration and innovation in financial services
- 6 years 5 days ago
- Open Banking, Banking, Cloud
Today ahead of its FusionONE developer conference, co-hosted with Microsoft, Finastra unveiled the latest developments to its FusionFabric.cloud open platform for innovation.
Redwood Bank Becomes the 31st Bank to Join Flagstone
- 6 years 6 days ago
- Banking
Redwood Bank, which focuses on small and medium-sized businesses in the UK, has become the latest challenger bank to join Flagstone’s cash deposit platform. Flagstone’s SME clients will now be able access to Redwood Bank’s competitive rates with a 1.40% one-year fixed-term deposit account now live on the platform.
Allegacy Federal Credit Union Strengthens Its Core with Transition to Fiserv
- 6 years 6 days ago
- Core Banking
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Allegacy Federal Credit Union, a $1.43 billion in assets credit union based in Winston-Salem, North Carolina, will advance its member and business services capabilities and prepare for the next stage of its growth by enhancing its core platform with an integrated suite of solutions from Fiserv.
ACI Worldwide Transforms Payments and Security for Chile’s Largest Acquirer
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Transbank, the largest acquirer in Chile and an existing ACI customer, is now taking advantage of ACI’s UP Retail Payments solution to offer differentiated services to businesses, maintain a competitive edge in the market and better comply with local card scheme mandates.
ICS Financial Systems Named “Best Technology Solution Provider to Islamic Finance in UK”
- 6 years 6 days ago
- Banking, Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, is awarded “Best Technology Solution Provider to Islamic Finance in UK” during CIS (The Commonwealth of Independent States) – Islamic Banking and Finance Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE).
Worldwide Demand for ATMs Dropped for the First Time
- 6 years 6 days ago
- Cash management, Payments, ATMs, Banking
China’s ATM numbers continue rapid fall According to a brand-new report from RBR, Global ATM Market and Forecasts to 2024, ATM numbers dropped in four of the five largest markets in 2018. More than half the world’s ATMs are found in just five countries; of these China, the USA, Japan and Brazil saw a decrease in ATMs, whilst in India, growth slowed considerably.
