Arro Launches Unique Business Accounts Tailored to SME Entrepreneurs
- 7 years 6 months ago
- Banking
Arro Money, a fast-growing provider of personal and business accounts, has launched its game-changing alternative to traditional business banking – a new B2B platform designed to provide easy access to a guaranteed acceptance account for instant payments. Aimed at entrepreneurs, start-ups and contractors, these accounts will ensure businesses can start processing transactions immediately, as well as on-boarding payroll – a unique feature in the... more
Shinhan Bank Secures and Simplifies Mobile Banking Service with Trustonic
- 7 years 6 months ago
- Banking
Shinhan Bank has worked with Trustonic and ATsolutions to integrate and secure its one-time password (OTP) service into the domestic S-Bank mobile banking application and a global S-Bank solution for Vietnam, with more deployments to follow. This new solution delivers a simpler, faster and safer user experience.
Business bank account Penta Launches in Germany
- 7 years 6 months ago
- Banking
Berlin based challenger bank Penta, is announcing the official launch of their business bank account offering in Germany. CEO and co-founder Lav Odorovic says the company started out of the founding team’s frustration with business banking, the high fees, as well as the bureaucracy and lack of transparency that today’s legacy banks offer.
Mohammed Kateeb Among World’s Top 50 Most Influential Leaders in Islamic Economy for third year
- 7 years 6 months ago
- Islamic Finance
Mohammed Kateeb, the Group Chairman & CEO of Path Solutions, has been named among the World’s Top 50 Most Influential Leaders in Islamic Economy in ISLAMICA 500 for the third year in a row. ISLAMICA 500, Edition 2018 was released on December 6th in an exclusive private reception organized in cooperation with EDB (Economic Development Board of Bahrain) at the Capital Club Bahrain.
NYMBUS COMPLETES SOC 2 TYPE 1 CERTIFICATION
- 7 years 6 months ago
- Banking
NYMBUS®, the core banking modernization company, announced today that it has successfully completed the Service Organization Control (SOC) 2 Type 1 examination for its flagship SmartCoreâ and SmartDigitalÔ platforms. Conducted by data security compliance leader 360 Advanced, Inc., this rigorous audit and certification attests to NYMBUS’ high security protocol and effective compliance with today’s stringent regulatory environment.
More Than Half of Consumers Moving Away From Traditional Banking
- 7 years 6 months ago
- Banking
Digital banking is growing in popularity with 53% of consumers using or willing to move to an online or mobile only bank — 27% have moved already, while 26% are considering the switch. This is according to research commissioned by Relay42, the leading data management platform (DMP) company that empowers marketers to orchestrate customer journeys.
Japan's Aeon Bank Selects Mofiria for Biometric ATMs and Teller Windows
- 7 years 6 months ago
- Banking
Aeon Bank Ltd., a Japanese new style bank, has announced that they had introduced a whole new biometrics authentication system to their ATMs and teller windows, which allows the customers to do any bank transactions without using a bank card nor entering PIN number. Enabling any transactions with identity verification using biometrics only is the first trial in Japan.
NYMBUS COMPLETES SOC 2 TYPE 1 CERTIFICATION
- 7 years 6 months ago
- Banking
NYMBUS®, the core banking modernization company, announced today that it has successfully completed the Service Organization Control (SOC) 2 Type 1 examination for its flagship SmartCoreâ and SmartDigitalÔ platforms. Conducted by data security compliance leader 360 Advanced, Inc., this rigorous audit and certification attests to NYMBUS’ high security protocol and effective compliance with today’s stringent regulatory environment.
Al Baraka Banking Group overhauls Islamic core banking systems with iMAL
- 7 years 6 months ago
- Banking
Al Baraka Banking Group (ABG), a leading international Islamic banking group and one of the largest Islamic banking players in the world, today announced that it has opted for Path Solutions’ iMAL, the multi-award winning Islamic core banking system. ABG runs a number of Islamic core banking systems. iMAL was selected to be the new Islamic core banking system in four of its subsidiaries, in addition to its newly established subsidiary in Morocco.
Commerzbank and HSBC Transaction Services GmbH agree strategic partnership for securities settlement
- 7 years 6 months ago
- Banking
- Commerzbank's securities settlement operations will be transferred - Cost savings and simpler processes tie in with "Commerzbank 4.0" strategy - Due to go live by early 2020, once migration is complete
Aspect Software Calls for Better Relationships Between Banks and Authorities to Combat Cyber-crime
According to Megan Butler, a Director at the Financial Conduct Authority (FCA), financial services firms and banks in the UK are not reporting successful cyber-attacks.
Fidor Bank: Predictions For 2018
1. Payment Services Directive (PSD2) Finally Goes Live “It has has been a long road to PSD2, given that it was approved in November 2015 by the Council of the European Union. However, it will finally be coming into force in January 2018 and that means that banks must open up their customer data to third parties on request - whether these third parties are their direct competitors, challenger banks or nascent fintech startups.”
Orange Bank Deploys Moneythor PFM App
- 7 years 6 months ago
- Banking
Moneythor, the financial technology company providing banks and fintech firms with a digital banking toolkit and data-driven personalisation engine, has been deployed by Orange Bank in its new all-in-one mobile banking service.
Itaú selects Temenos’ WealthSuite for its International Private Banking Business
- 7 years 6 months ago
- Banking
Temenos, the software specialist for banking and finance, today announces that Itaú Unibanco Holding SA (Itaú), Latin America’s largest banking group, has selected Temenos’ WealthSuite for its international private banking operations. The highly scalable solution combines Itaú’s core banking, portfolio management, channels and analytics functions in a single wealth management platform. The bank will deploy WealthSuite in the cloud enabling the... more
Path Solutions selected as a 2017 Red Herring Top 100 Global Winner
- 7 years 6 months ago
- Banking
Red Herring announced last week that it has named Path Solutions, the international specialist provider of Sharia-based financial software and services, to its Top 100 Global Winners list. This honor follows Path Solutions’ selection as a Red Herring’s Top 100 Asia Award Winner in 2017.
