BNY Mellon, SWIFT and Microsoft Turn Cloud-Based Messaging Concept into Reality During Sibos 2019 Conference
SWIFT and Microsoft collaborated with Bank of New York Mellon Treasury Services, the first bank to execute a real-time payment (RTP) transaction in the US, to complete the test transaction validating their new Cloud Connect payments capability for banks, financial institutions and enterprises. Bank of New York Mellon executed the payment for Microsoft’s Treasury Department, confirming the Cloud Connect proof of concept unveiled at Sibos last... more
BNG Bank Unveiled as Wolters Kluwer’s First OneSumX SaaS Regulatory Reporting Client
- 6 years 3 months ago
- Banking
Wolters Kluwer’s Finance, Risk & Reporting (FRR) business has signed its first client for its recently launched software-as-a-service (SaaS) Regulatory Reporting solution. BNG Bank, which is partiually owned by the State of the Netherlands, will use the solution to automate its regulatory reporting processes and to better ensure reconciliation of reporting between the bank’s own functional departments.
ICICI Bank UK PLC launches instant current account opening for mobile platforms
- 6 years 3 months ago
- Banking
ICICI Bank UK PLC has announced the launch of a digital account opening facility that allows customers to open a personal current account instantly using the Bank’s mobile application. The first-of-its-kind service by an Indian bank in the United Kingdom (UK), it enables Non-Resident Indians (holding an Indian or British passport) and expatriate Indians (holding an Indian passport) and moving to the UK for work, to open a current account.
National Bank of Canada and CGI team up to enhance the bank’s payments ecosystem
CGI (TSX: GIB.A)(NYSE: GIB) has been awarded a contract by National Bank of Canada (NBC) to implement All Payments (APS) as its payments hub solution. Under the agreement, NBC will deploy new technology in preparation for its adoption of Payments Canada regulatory changes. The modernized payments ecosystem will increase the bank’s straight-through processing (STP), improveoperational efficiencies and allow more flexibility in the bank’s product... more
Form3 announces the creation of its International Payments business
Form3, the leading provider of cloud-native API payments technology today announced the creation of its International Payments Business, a new initiative by Form3 to give financial institutions servicing consumers and SMEs access to low cost payments and FX services, utilising its API technology.
BIAN launches ‘Coreless Bank’ initiative with 6 major global banks
- 6 years 3 months ago
- Banking
The independent not-for-profit standards association, BIAN (Banking Industry Architecture Network), today launched its ‘Coreless Bank’ initiative.
PEPPER, mobile-only challenger bank, introduces a revolution in online trading
- 6 years 3 months ago
- Mobile Banking
Pepper, Bank Leumi's mobile-only challenger bank, today launched a revolutionary new investment app, Pepper Invest. It enables customers to buy fractional shares in some 100 shares of top US companies (traded on the S&P 100 index), such as Facebook, Apple, Amazon, Coca-Cola, Ford, Starbucks, Goldman Sachs, Nike and Netflix, with a minimum investment amount of NIS 50.
Commerzbank among the founding signatories of the UN Principles for Responsible Banking
- 6 years 3 months ago
- Banking
Commerzbank is one of the founding signatories of the new Principles for Responsible Banking. These have been developed by the United Nations Environment Programme Finance Initiative (UNEP FI) in collaboration with several international financial institutions, and were officially launched at the start of the UN General Assembly in New York yesterday. Under these principles, 130 banks worldwide have undertaken a voluntary commitment to make the... more
SWIFT enables payments to be executed in seconds
SWIFT today announces the launch of a new service to deliver global instant payments by integrating gpi, the cross-border payments service with real-time service levels, into domestic instant payments systems around the world. Through a combination of gpi and domestic real-time payments networks, SWIFT, together with gpi banks, will facilitate instant international payments with up-front fee and Foreign Exchange transparency for senders, while... more
Gresham and ANZ partnership progresses innovative cash management solution
Gresham Technologies plc, the leading software and services company that specialises in providing real-time solutions for data integrity and control, banking integration, payments and cash management provides further details of its recent strategic licencing agreement with ANZ for a new and innovative cash management solution.
Bank of America joins the Marco Polo Network to tackle trade finance challenges
- 6 years 3 months ago
- Blockchain, Banking, Financial
Bank of America announces that it is joining the Marco Polo Network, the largest and fastest growing trade finance networks leveraging Corda distributed ledger technology to provide transformative solutions to global trade participants.
Finantix Continues Global Expansion by Further Growing Swiss Presence
- 6 years 3 months ago
- Wealth Management, Banking, Financial, People Moves
Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, has appointed Jérôme Vasamillet to further grow its presence in Switzerland.
Composition of Nordea Bank Abp’s Shareholders’ Nomination Board
- 6 years 3 months ago
- Banking
Nordea Bank Abp’s Shareholders’ Nomination Board was established with the task of presenting to the Annual General Meeting proposals concerning election of members of the Board of Directors, the chair of the Board of Directors and the remuneration to the board members and auditor. The four largest shareholders in terms of votes who wish to participate in the nomination board are entitled to appoint one member each. In addition, the chair of the... more
FIS Report Reveals Number of Real-time Payment Systems Continues to Grow Globally
The number of real-time payment systems in use around the world has increased 35 percent over the past year and nearly fourfold since 2014, according to new research released today by FIS™ (NYSE: FIS), a global leader in financial services technology.
ING publishes first Terra progress report
- 6 years 3 months ago
- Banking
ING today published the first progress report on Terra, ING’s approach to steer its €600 billion lending book in line with the goals of the Paris Agreement to keep global warming to well-below two degrees.
