Trust in UK Banking Providers Is High but Will Be Quickly Eroded if Technology Fails
- 7 years 9 months ago
- Banking
UK consumers give a high amount of trust to their banking provider with 85 per cent of customers saying that they trust them with their personal information and to manage their money effectively, according to a report launched today by SQS, the leading end-to-end quality specialist[1].
Almazergienbank is amongst the first banks in Russia to support the issuing and acquiring of JCB cards with help from Compass Plus
- 7 years 9 months ago
- Banking
Almazergienbank has announced that it is the first bank in Russia’s far East, and amongst the first in the country, to support the issuing and acquiring of JCB cards using Compass Plus products. Compass Plus also provided consultation services and assisted extensively in the testing phase of the project.
EBANX's Guide for Black Friday in LATAM Helps Merchants Expand
- 7 years 9 months ago
- Banking
Almost 140 million people are expected to shop online until the end of this year in Latin America, spending around 60 billion USD, according to Statista. The mega discount season in November is responsible for a major part of driving these purchasing decisions. In Brazil, for instance, Black Friday generated more than half a billion USD in sales last year, and is expected to generate more than 700 million USD in 2017.
UK Challenger Bank Monzo Announces £71m Financing Round
- 7 years 9 months ago
- Banking
UK challenger bank Monzo today announced a £71 million ($93 million) investment round as its customer base continues to grow at pace. User numbers have increased by close to 300%, from 120,000 to 470,000, since the company's last fundraise just nine months ago.
Eurex to Launch Electronic Price Discovery Platform
- 7 years 9 months ago
- Banking
The international derivatives marketplace Eurex, part of Deutsche Börse Group, enhances its market structure to address industry trends and further meet its member’s needs.
Tier 1 US Bank Selects Temenos
- 7 years 9 months ago
- Banking
Temenos, the software specialist for banking and finance, today announced that a US-based Tier 1 global bank has selected Temenos T24 Core Banking as its global cash management platform for deposit transaction processing, internal account sweeping and interest compensation. The system, which will replace the bank’s legacy infrastructure, will be implemented progressively in multiple countries across the globe.
Orange Bank Launches in France
- 7 years 9 months ago
- Banking
Orange is launching its new banking offer in mainland France today. This 100% mobile-based offer is provided by Orange Bank and will be the only French bank to offer for free a service that provides real-time balances, mobile payment, innovative uses and a virtual adviser that is available 24-hours a day, 7-days a week. A 100% mobile-based banking offer
Mizuho to Test Wallet App for Smartphones
Mizuho Financial Group, Inc. (President & Group CEO: Yasuhiro Sato) and Mizuho Bank, Ltd. (President & CEO: Koji Fujiwara) have begun proof-of-concept testing of pring*, a wallet app for smartphones.
GCC’s BFSI Leaders Gear Up for AI and Blockchain Powered Future at the Naseba FinTech Summit in Dubai
- 7 years 9 months ago
- Banking, FinTech StartUps, IT Innovations, Infrastructure
Naseba’s FinTech Summit, held in association with Dubai Financial Services Authority (DFSA), successfully concluded with more than 200 Banking Financial services and Insurance (BFSI) enterprise decision makers from across the region meeting to discuss and evaluate the latest developments in FinTech.
Path Solutions Walks Away with the Prestigious IFFSA 2017 Award
- 7 years 9 months ago
- Islamic Finance
Path Solutions, a leading software provider for the Islamic financial services industry, today announced that it has once again been recognized as the gold category recipient of the ‘Islamic Finance Technology Provider of the Year’ award. The trophy was received by Mohammed Kateeb, the Group Chairman & CEO of Path Solutions at the IFFSA Awards 2017 in Colombo, Sri Lanka on Tuesday 24th October.
Iberiabank Goes for nCino Platform
NCino, the worldwide leader in cloud banking, today announced that IBERIABANK has selected its Bank Operating System to increase speed and process efficiency across several lines of business at the institution, including commercial and small business lending as well as treasury management.
US Bank Launches Digital Payment Features
US Bank today announced Disbursements via Zelle and Supplier Prefer Pay, two new digital payment solutions that make it easier for corporate and commercial banking clients to transition from paper to electronic payments. These solutions minimize the time and risk involved in the process of soliciting, storing and maintaining banking information for business and individual payees. Disbursements via Zelle and Supplier Prefer Pay are just two of... more
Warwyck Private Bank signs for Olympic Banking System
- 7 years 9 months ago
- Banking
ERI is pleased to announce that Warwyck Private Bank ltd, headquartered in Phoenix, Mauritius, has chosen the Olympic Banking System for the development of its private banking business. Warwyck Private Bank Ltd is one of the first Banks in Mauritius to be granted a licence as an exclusively private banking and wealth management financial institution. The Bank intends to offer its clients high quality services based on the Swiss model.
Millions of Brits Set to Request Personal Information From Banks When the GDPR Goes Live Next May
- 7 years 9 months ago
- Banking
New research released today shows that around 21million* current account holders may submit a Subject Access Request (SAR) to their bank after the General Data Protection Act goes live in May 2018. Around a further 8million** credit card holders will also ask for the information held on them.
SMEs See Banks as Utility Providers Not Business Partners - and Banks Agree
- 7 years 9 months ago
- Banking, Infrastructure
Strands, a leading provider of business financial management technology, today announced the findings from its SME Banking: Intelligence - Not Applied, a study of over 200 small and medium-sized enterprises (SMEs) and banks serving over 1.3m SMEs. The study reveals SME’s current and future business banking requirements, and how close banks are to meeting those needs. Intelligence - Not Applied
