IBM signs $260M Digital Transformation Deal With Philippine Bank
- 6 years 6 months ago
- Banking, Infrastructure
IBM and the Bank of the Philippine Islands signed a $260 million multi-year services agreement calling for IBM to provide IT services for agile IT and hybrid cloud, as well as development to accelerate BPI's digital transformation, IBM said Wednesday.
Onfido collaborates with BitPay for bitcoin payments
- 6 years 6 months ago
- Banking, Authentication Technology
Onfido, the award-winning global identity verification platform, today announced a partnership with BitPay to accept payment in Bitcoin. BitPay is also using Onfido’s technology to meet Know Your Customer (KYC) requirements and onboard new users to its platform swiftly and securely.
Cognizant : New shared banking platform to manage 10% of Finnish banking deposits and loans
- 6 years 6 months ago
- Banking
Cognizant (Nasdaq: CTSH) today announced that it has been selected by three Finnish financial institutions, Savings Banks Group, Oma Savings Bank Plc and POP Bank Group, as their strategic partner to build and operate a shared core banking platform to enable their digital transformation plans.
Three Finnish Financial Institutions Select Cognizant to Digitally Transform Operations
- 6 years 6 months ago
- Banking
Cognizant (Nasdaq: CTSH) today announced that it has been selected by three Finnish financial institutions, Savings Banks Group, Oma Savings Bank Plc and POP Bank Group, as their strategic partner to build and operate a shared core banking platform to enable their digital transformation plans.
Tungsten Network launches Workflow 5.0
- 6 years 6 months ago
- Banking, Accounting
Tungsten Network, the global business transaction network, has released a new version of its Workflow product. Tungsten Network Workflow automates accounts payable processes, enabling incoming invoices to be automatically routed, coded, matched, approved and posted into their Enterprise Resource Planning (ERP) system via an integrated connection. It offers users a single reference point from which they are able to track invoices, monitor cash... more
China’s Banks Continue to Consolidate Global Brand Presence
- 6 years 6 months ago
- Banking, Infrastructure
Led by ICBC as the world’s most valuable banking brand (US$79.8 billion), China’s banks dominate top four spots of the ranking Chinese banks grow 28%, achieving US$407 billion in total brand value, over US$100 billion more than US banks All US banks, with the exception of Wells Fargo (-9%), Chase (-7%), and BankUnited (-6%), improve their brand value Growth of European banks is pedestrian, with German banks losing 24% of value
Natixis Payments and Wynd forge strategic partnership to design retail omni-channel solution
Natixis Payments and Wynd are set to join forces to develop an innovative and disruptive solution to streamline the omni-channel point-of-sale and payment experience, thereby supporting retailers in their digital transition. As part of this strategic partnership, Natixis is taking a stake in Wynd during the company’s fund- raising exercise with a group of investors.
Click and Collect Payment Fraud Increases 13 Percent DUring 2018 Peak Holiday Season
New benchmark data from ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, revealed a 13 percent increase in fraud attempts in the click and collect channel during the 2018 peak holiday season.
Falcon strengthens its first-mover position in blockchain banking by introducing direct transfers of cryptocurrencies
- 6 years 6 months ago
- Blockchain, Banking
As the first Swiss private bank, Falcon introduces direct transfers of selected cryptocurrencies for both private and institutional clients. Falcon Private Bank reaffirms its first-mover position in blockchain banking by accepting direct transfers of selected cryptocurrencies. With immediate effect, private and institutional clients can directly transfer cryptocurrencies to and from segregated Falcon wallets, as well as convert them into fiat... more
Al Mustashar Islamic Bank Goes Live in Record Time with ICS BANKS ISLAMIC From ICSFS
- 6 years 6 months ago
- Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that Al Mustashar Islamic Bank, a recently established bank in Iraq, is now operating on its multi-awards winning Islamic banking software suite
People's United Bank to acquire VAR Technology Finance, an industry-leading equipment finance company
- 6 years 6 months ago
- Banking, Infrastructure
People's United Bank, N.A., a subsidiary of People's United Financial, Inc., has acquired
PrePay Solutions Partners with PayQuicker in USA
PrePay Solutions (PPS), Europe's leading digital banking and payments provider, has officially partnered with USA- based global payout processor, PayQuicker. The partnership represents continued PPS growth in the support of payroll management programmes and PayQuicker’s commitment to local currency Corporate Payout Solutions across the globe.
FIME boosts payment strategy on security and consulting with key hires
As part of the ongoing expansion of its banking and payments security and consultancy offering, FIME has confirmed the appointments of Arnaud Crouzet and Edouard Baroin.
Outdated payment systems have a stranglehold on the insurance sector
- 6 years 6 months ago
- Banking
A new white paper published by ground-breaking financial utility, Banking Circle, has identified the stealth effect outdated payments processes are having on the insurance sector. Featuring the findings of exclusive research amongst those responsible for treasury and payments in UK insurance companies, the white paper reveals that out-dated and manually intensive collection and reconciliation systems are seriously undermining customer... more
Sberbank enables fingerprints payments for shoppers of Azbuka Vkusa supermarket chain store
- 6 years 6 months ago
- Banking
Sberbank fingerprint payments technology is already available in 20 ABCs of Taste supermarkets, and the number is constantly growing. Once Sberbank customers have registered their biometric data they can leave their wallets and phones at home. At checkout, customers not only tie the fingerprints of two fingers to a bank card of an international payment system VISA or Mastercard, but also confirm the registration with a password.
