Chairman of Pilatus Bank gives a sobering speech concerning customer trust in the banking and fintech industries at Wealth 2.0 conference
- 7 years 6 months ago
- Banking
In banking and fintech, the most important commodity is "trust." Ali Sadr, Chairman of Pilatus Bank, believes that it is important to recognize where the banking industry stands relative to other industries on the trust scale.
Bahrain Middle East Bank Chooses Wolters Kluwer’s OneSumX for Finance
- 7 years 6 months ago
- Banking
Bahrain Middle East Bank (BMB) has chosen Wolters Kluwer’s OneSumX for Finance solution to provide the basis for its core banking and reporting system.
Avaya Successfully Completes Financial Restructuring and Emerges from Chapter 11
- 7 years 6 months ago
- Banking
China Merchants Bank (CMB) has chosen Wolters Kluwer’s OneSumX for Regulatory Reporting to provide its regulatory reporting software for its operations in Luxembourg, following a competitive tender process.
Standard Chartered Bank and Ant Financial Sign MOU
Standard Chartered Bank (“SCB”), a leading international banking group with a strong presence in Asia, Africa and Middle East, and Ant Financial Services Group (“Ant Financial”), one of the world's leading digital financial services providers, today announced the signing of a Memorandum of Understanding (MOU). Under the terms of the MOU, Standard Chartered Bank willcombine its banking expertise and insights in emerging markets with Ant... more
Innovative European financing for Dutch software company CM.com
The European Investment Bank (EIB) has made available a EUR 10 million facility for software company CM.com, in the Netherlands, to speed up innovation and development of its messaging, payments, voice and digital security applications. The financing will be guaranteed under the European Fund for Strategic Investments (EFSI), part of the Investment Plan for Europe of the European Commission.
Business banking chief execs from Barclays, Santander and Tide discuss impacts of open banking
- 7 years 6 months ago
- Banking
In the context of open banking and PSD2 developing rapidly next year, and with new players changing the pace of innovation in a growing eco-system, getting a comprehensive business banking strategy is top of mind for many banking leaders. For the first time, Barclays, Santander, Tide and Starling Bank chief executives will join on a panel to discuss overcoming the complexity of changes in the market, in particular, open banking and new... more
Discover Launches Face ID Support
- 7 years 6 months ago
- Banking
Discover announced today that cardmembers and Discover Bank customers who own an iPhone X can take advantage of Face ID to sign in to the Discover Mobile app. The feature offers app users an intuitive and secure mobile log-in experience that requires no more than glancing at the device.
Banking Technology Names Temenos Best Core Banking System
- 7 years 6 months ago
- Banking
Temenos, the software specialist for banking and finance, today announces that its market-leading T24 Core Banking platform has received the Editor’s Choice award by Banking Technology, a leading source of news and analysis of the global fintech sector. The award is a testament to Temenos’ strategy to provide packaged, modular, upgradeable and open software, which enables banks to digitally transform their operations.
Nets and OpenWay Collaborate on Monetization of PSD2 and Open Banking
- 7 years 6 months ago
- Banking, Compliance
Nets, the Nordic digital payments specialist, and OpenWay Group, the leading digital payment software developer and vendor, today publish a white paper for stakeholders seeking to monetize from PSD2 and open banking.
CASTLIGHT FINANCIAL LAUNCH TOOL TO HELP BANKS RESPOND TO REQUIREMENTS OF IFRS 9
- 7 years 6 months ago
- Banking
Award winning, Glasgow-based fintech company Castlight Financial has launched a powerful customer bank transactions categorisation tool, designed to meet the challenges and opportunities faced by the banking industry in the run up to the implementation of banking standard IFRS 9 on 1 January 2018.
SBDA Group and FinSight Ventures Announce the Closing of Series A Investment Round to Advance SBDA’s AI Customer Engagement Solution for Retail Banks
- 7 years 6 months ago
- Artificial Intelligence, Banking, FinTech StartUps
SBDA Group signs agreement with lead investor FinSight Ventures and Digital Space Ventures to close the Series A venture investment round. The funding will be used to advance the existing SBDA recommendation-based technology for any bank in addressing their needs.
iwoca wins Nesta Challenge Prize for shaping the future of small business lending
- 7 years 6 months ago
- Banking
iwoca, Europe’s most innovative small business lender, has been announced a winner of the Open Up Challenge by innovation foundation, Nesta’s Challenge Prize Centre. iwoca is among ten companies that will each receive an award of £100,000 to develop innovative finance solutions based on Open Banking. iwoca was chosen as an Open Up Challenge winner, from an initial 150 applicants, by an independent panel of judges for developing products... more
PR Savings Bank in APAC signs with Temenos
Temenos, the software specialist for banking and finance, today announces that the Philippine Resources Savings Banking Corporation (PR Savings Bank), the fifth largest independent thrift bank in the Philippines, has signed for Temenos T24 Core Banking and Analytics. PR Savings Bank is expanding its business lines from loans into deposits. The bank chose Temenos as the platform to support its growth and enable it to quickly bring new and... more
Alrajih Islamic Bank for Investment and Financing opts for iMAL from Path Solutions
- 7 years 6 months ago
- Banking, Islamic Finance
Path Solutions, the global provider of software solutions and services for Islamic banks and financial institutions, announces that Alrajih Islamic Bank for Investment and Financing (“Alrajih Islamic Bank”) has selected the multi-award winning Islamic core banking system iMAL ahead of ICS Financial Systems’ ICS BANKS ISLAMIC, to engage in banking activities in accordance with the provisions of Islamic law.
Alpha Bank Unveils Mobile Tap and Pay
Alpha Bank’s digital wallet for everyday purchases, my Alpha wallet, is now enhanced with Tap ‘n Pay, the new and innovative service for contactless payments through mobile phone.
