Services That Help Unbanked Populations With Online Holiday Shopping
- 6 years 6 months ago
- Banking, Infrastructure
Last year, Adobe reported 58 of Nov.-to-Dec.’s 60 shopping days saw over $ 1billion in online U.S. sales. This year, the same source shows year-over-year growth across the board:
Hammurabi Commercial Bank Selects ICS BANKS from ICSFS to Deliver New Advanced Banking Technologies
- 6 years 6 months ago
- Banking, Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, today announced that Hammurabi Commercial Bank, a new established bank by the Central Bank of Iraq, has selected the multi-awards winning solution
Iraq IDB’s successful upgrade of iMAL R14
- 6 years 6 months ago
- Core Banking
Path Solutions, the Fintech solution provider for Islamic finance, today announced that the International Development Bank for Investment and Finance (“IDB”) in Iraq has successfully completed the upgrade of its core banking system to the new Path Solutions’ core, digital platform and echannels of iMAL R14, as of 30th September.
Nordea takes Open Banking beyond PSD2
- 6 years 6 months ago
- Security and Compliance, Banking
Nordea is launching Instant Reporting, a new Open Banking solution that enables corporate customers to access their own accounts and integrate real-time data with their own systems and processes. It is the first offering from Nordea that moves beyond legal requirements in PSD2 and turns Open Banking into a commercially viable product.
Monobank celebrates growth milestone in first year of operation
- 6 years 6 months ago
- Banking
Monobank, Ukraine’s first digital-only bank, hit 600,000 customers early this month making it one of the fastest growing challenger banks in Europe. Launched in November 2017 and on track to reach profitability in 2019, the award-winning bank’s success is due to the founding team’s uncompromising focus on providing the best mobile banking experience for customers.
Paysend signs with Vietcombank to bring money transfer revolution to Vietnam
- 6 years 6 months ago
- Payments, Money Transfers, Banking
Global payments disruptor PaySend which now has over 350,000 customers across Europe and beyond has signed a strategic partnership agreement with Vietcombank Remittance Company (VCBR), which dominates all inbound money transfers in Vietnam. This partnership will let people from anywhere in the world send money directly to any bank account, NAPAS card, Visa or MasterCard issued in Vietnam.
Australia’s first SME “challenger” bank selects VERMEG for their Regulatory Reporting
VERMEG the banking and insurance software solution leader has announced today that Australian Challenger Bank, Judo Capital have selected VERMEG’s AgileREPORTER package, to meet its’ Australian Prudential Regulation Authority (APRA) reporting requirements as part of its’ full banking licence application.
Temenos selected by its first public bank in Tunisia for digital transformation
- 6 years 6 months ago
- Payments, Banking, Infrastructure
Temenos (SIX: TEMN), the banking software company, today announced that Banque de l’Habitat (BH) has signed for T24 Core Banking, Payments, Channels, Analytics, Financial Crime Mitigation and Enterprise Risk Management. Banque de l’Habitat selected Temenos for its best-in-class technology, superior functionality, and the lowest total cost of ownership over a five-year span.
Kingdom of Bahrain Eyes Global Leadership in Open Banking
- 6 years 6 months ago
- Banking
Signalling the pace at which the Kingdom of Bahrain is embracing the new era of open banking, in just one week the Kingdom’s regulator, the Central Bank of Bahrain, has mandated open banking adoption for Bahraini retail banks that provide online banking services to their customers and provided an in-principle confirmation to the first domestic open banking infrastructure provider, Almoayed Technologies.
Nordic Finance chooses Tieto’s leasing platform to start offering leases and disrupt the leasing market
- 6 years 6 months ago
- Banking, Infrastructure
Tieto has signed an agreement with Swedish leasing broker Nordic Finance to provide a leasing system that disrupts conventional processes and gives customers a smoother experience through digitalisation and automation.
Ecobank, the Pan African Bank, appoints MFS Africa Ltd as Digital payment partner
- 6 years 6 months ago
- Banking
Nordea announces organisational changes
- 6 years 6 months ago
- Banking, People Moves
Nordea Bank Abp (Nordea) has decided to further increase focus and strengthen execution within risk and compliance by consolidating resources in these areas. Two roles in Group Executive Management will be changed.
iwoca adds Barclays and HSBC to Open Banking connections
- 6 years 6 months ago
- Banking
iwoca, the UK’s fastest growing small business lender, today announces it has connected to Barclays and HSBC banks under Open Banking. This expands the number of Open Banking connections offered by iwoca to three, including Lloyds Bank, and will enable more than 60 percent of the lender’s customers to take advantage of the Open Banking service.
Equifax comments: Momentum building for Open Banking in 2019
- 6 years 6 months ago
- Banking
Jake Ranson, Banking & Financial Institutions Expert and CMO at Equifax UK, believes consumers will begin experiencing the full benefits of Open Banking in the year ahead: January 2019 marks the first anniversary of Open Banking, and we can expect it to play a central role in the banking sector for the year ahead. As more companies evolve the new technology into live customer journeys, consumers will really begin to experience the full... more
Data breaches threaten customer trust in Open Banking
- 6 years 6 months ago
- Banking, Infrastructure
TLT’s Opportunity Knocks report on Open Banking, which draws on research involving 130 senior decision makers across UK financial services, highlights a growing tension between data sharing – the basic tenet of Open Banking – and high profile data breaches, as customers grow increasingly aware of and sensitive to data security issues.
