Avoka Enhances Transact Insights with Customer Journey Visualization
- 6 years 8 months ago
- Banking
Avoka, the leader in digital customer acquisition journeys in banking, today
ACCUITY TRANSFORMS BANKERS ALMANAC TO ACCELERATE AND IMPROVE RISK INSIGHTS, AND REDUCE COST OF COUNTERPARTY KYC
- 6 years 8 months ago
- Banking, Infrastructure
Accuity, the global provider of financial crime compliance, payments and Know Your Customer (KYC) solutions, has announced a multi-year transformation programme to enhance its Bankers Almanac Risk & Compliance portfolio that will help banks conduct faster and more accurate risk assessments for financial counterparties.
Accuity 2018 payments report finds banks embracing automation to deliver accurate payments and a better customer experience
- 6 years 8 months ago
- Payments, Banking, Infrastructure
According to the Accuity “2018 Payments Industry Report” released today, payments providers are more focused on streamlining and automating the validation of bank and payment information in order to reduce payment failures and create a more trusted and transparent experience.
Bank of America Merrill Lynch Enhances Foreign Exchange Payments Using Data Analytics
Bank of America Merrill Lynch today announced enhancements to AutoFX, its automated currency conversion product for financial institutions. The new capability uses data analytics to make settlements faster, less expensive and more certain for the sending bank. AutoFX now also allows users to customize criteria for automated conversion.
Fidor and GFT extend partnership to the Americas markets
- 6 years 8 months ago
- Banking, Infrastructure
Fidor Solutions, an innovative provider of digital banking services, today announces its extended partnership agreement with GFT USA, Inc. This partnership will see GFT USA, Inc. offer Fidor’s operating platform (fidorOS/fOS) and associated services to banks across the Americas.
Finastra Offers Immediate Payments Capabilities in the Cloud for Small and Mid-sized Banks
Today at Sibos and Money 2020, Finastra revealed its instant payments offering in the cloud for small and mid-sized banks. The Fusion Global PAYplus packaged solution will enable tier three and four financial institutions in the EU and US to access the benefits that the cloud delivers, without the cost and on-premise infrastructure requirements that may previously have been a barrier to entry.
SWIFT creates financial sector API blueprint
- 6 years 8 months ago
- Banking
SWIFT has today published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together represent many of the region’s banks and payment service providers. As pressure from regulators and customers shift banking towards more open access to financial services, SWIFT is playing a lead role in unlocking the potential of API technology by providing the neutral... more
Moven Enterprise Expands Availability of AI Smart-Banking Solution with Global Launch
- 6 years 8 months ago
- Banking
Moven Enterprise, the smart-banking solutions division of Movencorp, Inc, today announced that it has expanded its footprint globally to help banks deepen their digital customer engagement and drive new revenue streams while significantly reducing attrition and acquisition costs.
ING goes a step further in blockchain data privacy and releases Zero-Knowledge Set Membership
- 6 years 8 months ago
- Banking
ING Bank has announced the release of its Zero-Knowledge Set Membership (ZKSM) solution. The solution marks the further development of the bank’s Zero-Knowledge Range Proof (ZKRP), that empowers clients by improving privacy in a Distributed Ledger Technology (DLT) environment.
Broadridge Launches Next-Generation Global Asset Servicing Solution
- 6 years 8 months ago
- Banking, Infrastructure
Broadridge Financial Solutions, Inc. (NYSE:BR), an S&P 500 company and global Fintech leader, today announced a next-generation solution to address key industry, business and operational challenges with global asset servicing.
ICS BANKS Auto Collection System
- 6 years 8 months ago
- Banking, Infrastructure
ICS BANKS Auto Collection System is a robust collections software solution that is introduced to reduce and mitigate risk of managing past due or delinquent accounts. This automated system monitors the customer’s accounts which have unpaid arrears in order to track any amount that becomes available, and blocks it against these arrears, before being drawn or used by the customer.
Commerzbank announces plans to automate selected compliance relevant pre-checks in trade finance transaction processing by 2020
- 6 years 8 months ago
- Banking, Compliance
The Bank has partnered with fintech Conpend to automate selected compliance relevant pre- checks processes for trade finance transactions ● The solution will reduce transaction processing times while improving risk controls and interaction with clients
BMO Partners with ACI Worldwide to Drive Payments Modernization
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, along with BMO Financial Group (BMO), announced today that BMO has rolled out ACI’s world-class payments hub within their business in just nine mont
NatWest becomes first bank to launch revolutionary syndicated lending platform
- 6 years 8 months ago
- Blockchain, Banking
NatWest has become the first bank to integrate with a new blockchain-based platform that aims to dramatically transform and streamline the global syndicated loans market. In 2017 syndicated loan deals worth over £3.5 trillion were brokered globally. The new platform is set to go live from November 2018.
Finance Industry Receives Cheque Imaging Update at Annual Conference
- 6 years 8 months ago
- Banking, Infrastructure
Leading figures from a number of banks, building societies and other financial institutions have been provided with a valuable update on the progress of the new Image Clearing System (ICS) for cheques, twelve months since its introduction across the UK. Delegates heard a variety of presentations at the 4th Annual Cheque Imaging & Remote Deposit Capture Conference, held at Stationers’ Hall in London last Thursday (October 11).