Money App Yolt Reaches 100,000 UK Users in Less Than Six Months
- 7 years 6 months ago
- Banking
Yolt, the money app owned by ING, has reached 100,000 registered app users in less than six months of Open Beta in the UK. Yolt allows users to view their accounts and credit cards in one place. Other features include setting budgets, tagging purchases and comparing the best options for international money transfers. With the launch of Open Banking just around the corner, Yolt’s rapidly growing user base suggests that consumers aren’t just... more
AL-Thiqa Islamic Bank Deploys ICS BANKS ISLAMIC System from ICSFS
- 7 years 6 months ago
- Banking
Amman, Jordan: ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that AL-Thiqa Islamic Bank has gone live on the multi-awards winning system ICS BANKS ISLAMIC. AL-Thiqa Islamic Bank chose ICS BANKS ISLAMIC to stay in the top of the list in this highly motivated banking market. the project was accomplished in a record break time of two months, the implementation... more
UK Banks Top 7 for AI
- 7 years 7 months ago
- Artificial Intelligence, Banking
Royal Bank of Scotland is closing 259 branches – one in four of its outlets – with an increasing amount of customers choosing to bank online or via mobile. The UK banking sector is unprepared to handle the potential disruption of AI that will ensue, compared to its neighbours in established markets, according to research by UBS. It is ranked seventh out of the top nine countries, behind the US, Spain, Japan and Hong Kong. The result points to a... more
RBS announces branch network changes
- 7 years 7 months ago
- Banking
Following a review of the RBS branch network a decision has been taken to close 62 Royal Bank of Scotland branches, and 197 NatWest branches. As a result of this process, there will be around 680 redundancies, and we will seek to manage this process on a voluntary basis.
Token Issues ‘Access Any Bank’ Declaration for PSD2 Data and Payments
- 7 years 7 months ago
- Banking
Turnkey open banking platform provider, Token, has pledged to connect banks, merchants and other third-party providers (TPPs) to any bank in the EU for PSD2 payment orders and account information requests.
The Group CNP Cyprus Insurance Holdings Ltd Selected IMSplus for Its Insurance Investment Management Operations
- 7 years 7 months ago
- Investment Management, Banking
Profile Software, an international financial solutions vendor, announced today that CNP Cyprus Insurance Holdings (CNP Cyprus) has selected the IMSplus solution to deploy, so as to effectively manage its assets and fund management requirements and achieve operational efficiency.
TECH FOUNDER AVID LARIZADEH DUGGAN TO JOIN NEW BOARD OF BARCLAYS BANK UK PLC
- 7 years 7 months ago
- Banking
Barclays Bank UK PLC, Barclays’ future ring-fenced bank, is pleased to announce that Avid Larizadeh Duggan, general partner at Google Ventures (GV), will be joining its new Board, subject to regulatory approval. Avid, who was recognised as a Young Global Leader by the World Economic Forum in 2016, has been heavily involved in tech ecosystem since 1998. Prior to GV, Avid co-founded Boticca, a global marketplace for independent brands of fashion... more
The Contextual Revolution Is Coming: iGTB Unveils Vision for Transaction Banking Future in Two New White Papers
- 7 years 7 months ago
- Banking
Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist, has launched two whitepapers outlining its vision of “contextual banking” – which sees banks use contextual data to provide clients with automatic and tailored recommendations via a digital platform. The papers argue such an approach will bring customer service to unprecedented highs – providing simple, one-click solutions for cash management and... more
Limitless and CallSign go live on the Temenos MarketPlace
- 7 years 7 months ago
- Banking, Infrastructure
Last night at its Meet the MarketPlace event in Luxembourg, Temenos (SIX: TEMN) announced the launch of two new providers onto MarketPlace, its platform for facilitating the exchange of value between fintech providers and financial institutions.
Garanti Bank Selects Nice for Customer Analytics
- 7 years 7 months ago
- Banking, Infrastructure
NICE today announced that Turkiye Garanti Bankası A.Ş., Turkey’s second largest private bank, is using NICE’s leading analytics solution to boost efficiency, improve customer satisfaction, and ensure greater regulatory adherence.
BNP Paribas Strengthens and Diversifies its US M&A Platform
- 7 years 7 months ago
- Banking
BNP Paribas announces a new joint initiative between its Corporate and Institutional Banking (CIB) and Bank of the West Commercial Banking Group (CBG) to offer Mergers and Acquisitions (M&A) services to Bank of the West commercial clients. This new initiative will provide tailored M&A advice and solutions for all clients including those from key sectors where Bank of the West has strong industry expertise such as technology, industrials... more
Banking and FinTech industry Heavyweight Chris Skinner Becomes Shareholder in Meniga
- 7 years 7 months ago
- Online Banking
Chris Skinner, the fintech industry expert, author and speaker, has become an equity investor in Meniga, the global leader in digital banking solutions. Skinner has been on Meniga’s Advisory Board since 2011. His investment is a clear demonstration of his confidence in the company and his belief in Meniga’s capacity to help financial institutions worldwide improve their digital customer environment and maximise opportunities with the onset of... more
Maybank Islamic Introduces Rent-to-own Housing Scheme
- 7 years 7 months ago
- Banking
Maybank Islamic Bhd has launched a rent-to-own (RTO) scheme, the first bank to do so in Malaysia. HouzKEY – its RTO product – is targeted at first-time house buyers and those who want to upgrade their homes. “HouzKEY is a milestone achieved by Maybank Islamic, and we believe it will help address the growing issue of concern in Malaysia for affordable home ownership,” said Maybank Islamic’s CEO Datuk Mohamed Rafique Merican in a statement... more
Mobile Payment and Loyalty Platform Yoyo Wallet Partners with Starling Bank
- 7 years 7 months ago
- Banking
Starling Bank is launching its latest API partnership with Yoyo Wallet, the U.K.-based mobile payment and loyalty platform.
African Bank Selects FICO's Decision Management Software
- 7 years 7 months ago
- Banking
African Bank can now launch new credit strategies 30 percent faster at 25 percent lower cost and can make changes to credit strategies in two days instead of two months.
