Commenting on Eurozone Inflation Slowing Compared to UK/US
- 2 years 9 months ago
- Banking
Commenting on slowing Eurozone inflation in marked contrast to the US and UK, Jesús Cabra Guisasola, Associate at Validus Risk Management, said: “June CPI numbers for the Eurozone came in line with the market consensus (1.9% YoY) and lower compared to May (2.0%). Additionally, the Core CPI also slowed down to 0.9%, in marked contrast to the recent surprise prints in both the US and UK.
Ghana International Bank Partners with Backbase toAaccelerate Digital Innovation
- 2 years 9 months ago
- Transaction Banking, Banking
UK-based international bank leverages Backbase’s Engagement Banking Platform to provide best-in-class customer experience Ghana International Bank (GHIB), a UK-headquartered pan-African bank, announces today that it has partnered with Engagement Banking technology provider Backbase. The partnership will underpin the bank’s digital transformation, accelerate innovation and, by allowing GHIB to create tailor-made solutions, provide an enhanced,... more
PayNearby to onboard 10,000 Women Business Correspondents to offer Banking Services
PayNearby, India’s leading branchless banking and digital payments network, announced that it will onboard 10,000 Women BC Sakhis from Self Help Groups to offer banking services to various Gram Panchayats in Uttar Pradesh. The company thus aims to digitize transactions worth ₹1000 crores through the Self Help Group (SHG) ecosystem across Uttar Pradesh, while enabling BC Sakhis to earn additional revenue. The company has entered into a... more
Pico Achieves Outsourced Provider Audit Report (OSPAR) Attestation from The Association of Banks in Singapore
- 2 years 9 months ago
- Banking
Pico, a leading provider of technology services for the financial markets community has attained Outsourced Provider Audit Report (OSPAR) attestation in Singapore, highlighting Pico’s strong record of robust governance and operational excellence.
Anchorage OCC Licence Sparks New Banking Future - and $1M Bitcoin?
The author is Maxim Bederov. The once strict lines separating traditional finance and crypto finance are melting away. And it could lead to once-unthinkble cryptoasset prices much sooner than any of us believed possible.
Cambridge Global Payments Selects Crown Agents Bank for Payments in Asia and Africa
Crown Agents Bank Ltd (“CAB”) is pleased to announce they have been selected as a new banking partner by Cambridge Global Payments (“Cambridge”), a FLEETCOR company and a provider of integrated cross-border payments and currency risk management solutions. The partnership allows Cambridge to expand its global banking footprint to facilitate payments across emerging and frontier markets in APAC and Africa.
SEON and VCC Live Partner to Deliver Omnichannel Fraud Prevention Solutions
- 2 years 9 months ago
- Banking, Data Management, Insurance
SEON, the fraud fighters, today announces its partnership with VCC Live, the cloud contact centre specialists. Through the deal, they will work together to help end fraud for contact centres in the banking, financial services and insurance (BFSI) sector.
Banks to Move Online and Form Customer-Centric Digital Ecosystems Within Five Years, Finds Economist Intelligence Unit Report for Temenos
- 2 years 9 months ago
- Banking
Almost two thirds (65%) of global banking executives believe that the branch-based model will be “dead” within five years, up from 35% four years ago The same proportion (65%) of bankers see new technologies as the biggest driver of change for the next four years, up from 42% three years ago Four in five bankers believe that banks will seek to differentiate on customer experience rather than products
Tide Commits £100M Investment and Over 1,000 Jobs as Part of India Market Entry
- 2 years 9 months ago
- Investment, Banking
Tide, the UK's leading business financial platform[1] , has selected India as its first international market, with a fully-fledged launch early next year.
FTL Finance Goes Live with Scienaptic
Leading AI-powered credit decisioning disruptor, Scienaptic today announced that home improvement lender, FTL Finance has completed implementation and is now live on its platform. The implementation will enable the company to make better, stronger credit decisioning for its borrowers through next-generation, transformative technology powered by AI to support both contractors’ and homeowners’ financing needs for repairs and remodeling.
Masthaven Opens Mew London and Reading Offices
- 2 years 9 months ago
- Banking
Masthaven Bank has today announced that it has moved from its previous London office to two new sites: one new office in London and one in Reading. The new office openings come as the bank embarks upon a more flexible working model.
corfinancial’s Salerio Selected By Man Group To Migrate Oasys Trade Processing
- 2 years 9 months ago
- Investment Management, Banking
Salerio, the post-execution trade processing solution from corfinancial, has been selected by Man Group, the global active investment management firm, to assist in their migration from the OASYS™ US securities trade processing flows to the DTCC’s Institutional Trade Processing (ITP) CTM™ (Central Trade Manager) platform. Last year, DTCC announced that it would decommission OASYS™ on 31 October 2021.
Slovakia’s Top Bank Slovenská Sporiteľňa to Sharpen Lending Strategies with FICO AI-Powered Optimization
- 2 years 9 months ago
- Artificial Intelligence, Banking, Data
Slovenská sporiteľňa, the largest commercial bank in Slovakia, has chosen FICO® Decision Optimizer to increase profitability and improve portfolio management for its cash loan portfolio. Using FICO’s advanced AI-powered optimization, the bank will develop data-driven lending strategies to systematically improve results. Slovenská sporiteľňa is part of the Erste Group, one of the largest financial services providers in Central and Eastern Europe... more
Commercial Bank of Kuwait Selects TCS BaNCS to Transform Treasury Operations and Drive Future Growth
- 2 years 9 months ago
- Transaction Banking, Banking, IT Innovations
Tata Consultancy Services (TCS), leading global IT services, consulting, and business solutions organization, announced that Commercial Bank of Kuwait (CBK), one of the largest financial institutions in Kuwait, has selected TCS BaNCS™ for Treasury to manage risk better, enhance asset class coverage, and drive future growth.
Finastra Survey Finds Banking as a Service (BaaS) Set to Make Significant Impact on Financial Services in Next 12 Months
- 2 years 9 months ago
- Open Banking, Banking, IT Innovations, Financial
85% of respondents at global financial institutions believe Banking as a Service (BaaS) will make an impact over the next year; 40% believe the impact will be significant More than 9 in 10 respondents agree that Open Banking is important to their organization; 97% of those that already use Open Banking recognize that it has provided benefits to their business
