Hungary’s MKB Bank Goes Fully Digital with Oracle
- 7 years 1 month ago
- Core Banking
MKB Bank, Hungary’s fourth largest commercial bank has today announced it is the first in the country to take a leap towards digital and open banking after transforming its entire technology system. Its transformation has included a full replacement of its core banking system, the retirement and consolidation of roughly 10 additional systems, and the modernization of its entire IT architecture.
Bank of Asia to Become the First Client of NSD’s SWIFT Bureau in Kyrgyzstan
- 7 years 1 month ago
- Banking
National Settlement Depository (NSD), Russia’s central securities depository, has signed an agreement to connect Kyrgyzstan’s Bank of Asia to SWIFT via NSD’s service bureau.
Sberbank selects Token.io
- 7 years 1 month ago
- Banking
Token.io Limited announces that its technology has been implemented by Sberbank in Slovenia as of today, 17 July 2018. Token is an open banking platform provider that allows a global ecosystem of banks, bank customers and developers to move money and information securely, instantly and without friction. Token’s Application Programming Interface (API) for banking infrastructure ensures that Sberbank Slovenia complies with PSD2.
BoE’s warning on digital transformation disruption is misleading, says TmaxSoft
- 7 years 1 month ago
- Banking, Security, IT Innovations, Risk Management
In the wake of the TSB IT debacle, the Bank of England (BoE) and the FCA have given financial services firms three months to explain how they would deal with technology failure. The discussion paper outlines the importance of operational resilience and warns that banks could face fines if service disruptions lasts longer than two days.
ICS BANKS Notification System
- 7 years 1 month ago
- Banking
ICS BANKS Notification System is created to provide the bank with a notification mechanism where certain messages or advertisements will be displayed for certain customers, once their accounts or customer number keyed in the system in order to be addressed in a proper way.
Commercial Bank of Dubai and Network International Sign Acquiring Porcessing Deal
- 7 years 1 month ago
- Banking, Infrastructure
Commercial Bank of Dubai (CBD) and Network International, the leading payment solutions provider in the Middle East and Africa, recently signed an agreement to provide Network International’s bespoke acquiring processing solutions to CBD’s wholesale banking clients.
CAS Becomes a Preferred Funding Token for ICOs As Cashaa Banking is Going Live
- 7 years 1 month ago
- Banking
Cashaa, a nextgen banking platform, conducted a highly successful Token Sale to solve the problems for individuals and businesses related to banking. Among its customers are the coming generation of businesses who are conducting ICOs and Token Sales themselves.
YouGov Poll: UK Adults are Seeking innovative Digital Payment Experiences From Banks
UK adults are ready for real-time interaction with their banks. The results of a recent YouGov survey, on behalf of Ondot, revealed today that online security and fraud prevention comes top in what Brits think banks should guarantee, with 60% wanting 'peace of mind' when using cards online. The survey also discovered that consumers are keen to play a much more proactive role in managing their personal finances.
Consumers Left Clueless About Banking Options
- 7 years 1 month ago
- Banking
Online research from Equifax, the consumer and business insights expert, reveals a lack of awareness of banking options among Brits. When presented with a list of digital banks 60% hadn’t heard of any of the brands* and only 20% would opt for a challenger bank if opening a new account today.
Tinkoff and Sberbank Announce P2P Money Transfers Using Just a Mobile Number
- 7 years 1 month ago
- Payments, Online Banking, Mobile Banking
Tinkoff Bank has launched a joint initiative with Sberbank to allow their customers to make P2P money transfers using a mobile number, as part of the bank’s drive to expand the payment options available to its customers. The service will be rolled out from today in the bank’s mobile apps and the personal online accounts of Moscow-based customers, and will be available to all customers across Russia by the end of July.
Path Solutions bags two awards at The Asset Triple A Islamic Finance Awards 2018
- 7 years 1 month ago
- Islamic Finance
Path Solutions is delighted to announce that it has received two accolades from The Asset Triple A Awards 2018, including ‘Best Islamic Technology Provider’ for a fourth year running and ‘Best Islamic Digital Banking Solution’ for its flagship Islamic core banking platform iMAL for the second time.
BPER choses Meniga to offer an enriched Digital Banking Solution
- 7 years 1 month ago
- Banking
Italian banking group, BPER, has contracted Meniga, the global leader in white-label digital banking solutions, to build its next generation digital banking experience solution. BPER has been working on modernising and increasing efficiency across operations and the enrichment of the digital banking with PFM (Personal Financial Management) solution for customers is central to this.
New Frontier Group partners with Mambu
- 7 years 1 month ago
- Banking
New Frontier Group (NFG), a global leader in digital transformation, has partnered with Mambu, the leading SaaS banking engine, to extend its digital banking offering. The cloud-based model leverages NFG’s market-leading opti-channel digital banking solution, powered by Mambu’s SaaS banking engine, to create a fully online and automated digital banking offering which allows institutions to rapidly go to market and deliver business value.
Trustonic chosen by Alcinéo to protect mPOS smartphone apps
Payment innovator Alcinéo has chosen Trustonic Application Protection (TAP) to protect its mobile point of sale (mPOS) apps. This will enable banks around the world to offer Alcinéo’s mPOS solutions to their business clients, providing them with the ability to accept payments on mobile devices safe in the knowledge that their customers’ data and payment credentials are protected to the highest level.
iwoca Reaches Profitability
- 7 years 1 month ago
- Banking
iwoca, one of Europe’s largest alternative small business lenders, today announces it reached profitability in the first half of 2018 amid a doubling of revenue over three successive years. iwoca launched in 2012 and has since lent £500m to 20,000 businesses. To meet soaring demand from its small and micro business customer base, iwoca lent a company-record £2.2 million to 137 businesses in a single day at the end of June 2018, funding small... more
