Globe Telecom’s Fuse to Provide Loans Powered by Mambu
- 8 years 5 days ago
- Banking
Mambu, the SaaS banking engine, today announced it will be powering the consumer and business lending products of Fuse, the lending arm of Filipino financial technology firm Mynt, by September 2017.
Rakbank Unites with Bazaar for Supply Chain Finance
- 8 years 6 days ago
- Banking
The National Bank of Ras Al-Khaimah (RAKBANK) today announced a strategic partnership with Invoice Bazaar, a FinTech Supply Chain Finance platform in the United Arab Emirates.
Metro Bank Promotes Atkinson to CIO
- 8 years 6 days ago
- Banking
Metro Bank, the revolution in British Banking, has today announced the appointment of Martyn Atkinson as Chief Information Officer (CIO).
Millennials shunned from traditional banks turn to alternative lenders to obtain loans
- 8 years 1 week ago
- Banking
Logical Glue, a leading provider of white box machine learning for better decisions in the financial services sector, has conducted research into consumer borrowing habits in the UK. It found that the average person has had over eight loans in the past and traditional banks are still the most popular route to finance (83%). However, the younger generation is bucking the trend for obtaining credit from traditional routes, embracing alternative... more
Al Masraf Selects Temenos’ Digital Banking Technology to Drive Growth and Innovation
- 8 years 1 week ago
- Banking
Temenos (SIX: TEMN), the software specialist for banking and finance, confirms that Arab Bank for Investment & Foreign Trade (Al Masraf) has selected its UniversalSuite, a front-to-back solution that enables banks to offer a user-optimized experience across channels and business lines.
LGT Opts for Wolters Kluwer’s OneSumX for Asian Regulatory Reporting and Risk Management
- 8 years 1 week ago
- Banking
LGT, a leading international private banking and asset management group owned by the Princely House of Liechtenstein, has chosen Wolters Kluwer’s OneSumX to provide its regulatory reporting and risk software for its Asian operations.
Faisal Islamic Bank Signs Up for iMAL to Replace Legacy Core Banking System
- 8 years 1 week ago
- Banking
Faisal Islamic Bank, Sudan has announced that it has signed up with Path Solutions to deploy iMAL Islamic core banking system to replace the bank’s decentralized legacy system Pentabank from Financial & Banking Systems, across its 100 branches. The bank will also deploy Mobile and Internet Banking solutions as well as BI and Risk Management. The strategic technology deal will support Faisal Islamic Bank’s business across multiple verticals.
KBank and IBM Develop Blockchain-Based Letter of Guarantee Service
- 8 years 1 week ago
- Banking
IBM and KASIKORNBANK Public Company Limited (KBank), one of Thailand's largest banks, today announced the launch of a new enterprise Letter of Guarantee network based on IBM Blockchain. The new solution is designed to help simplify and expedite procedures for KBank's Letter of Guarantee process, with the goal of improving the customer experience, strengthening security and reducing costs for clients and the bank.
Monzo Apologizes for "Unacceptable" Outages
- 8 years 1 week ago
- Banking
I sent the following email to all Monzo cardholders: I’m writing to apologise for the recent card outages you’ve experienced over the last week.
A successful digital project could generate up to 41% of your corporate revenue by 2020
- 8 years 1 week ago
- Banking
Research by the Gartner Group reveals that digital technologies already generate nearly 20% of corporate revenues, and this could reach 41% by 2020. According to Sopra Banking Software every business and bank should be enthusiastic about implementing digital transformation, either to retain their place as leader, appeal to new customers, modernise their partners’ tools, or quite simply to adapt to key innovation.
Tochka Bank and Qiwi forge small busines partnership
- 8 years 1 week ago
- Banking
QIWI plc, announced that Tochka Bank (a small-business-focused arm of Otkritie Bank) and QIWI have agreed to partner in the small business sector.
Eleven banks develop trade finance app on R3’s Corda DLT platform
- 8 years 1 week ago
- Banking
Eleven banks have passed a major milestone in the digitisation of documentary trade finance.
UAE's Rakbank implements cardless ATM transactions with Samsung Pay
- 8 years 1 week ago
- Banking
RAKBANK, one of the leading banks in the United Arab Emirates (UAE), in partnership with Diebold Nixdorf, the leader in driving connected commerce, has launched Samsung Pay on their ATMs.
Gro Solutions Moves HQ to Midtown Atlanta
- 8 years 1 week ago
- Banking
Gro Solutions, a leading provider of digital growth solutions for banks and credit unions, announced it will relocate its headquarters from Johns Creek, Ga. to Midtown Atlanta’s Bank of America Plaza, the tallest building in the Southeastern United States, during the fourth quarter of 2017.
Commerzbank Processes First Live BPO Transaction in Austria
- 8 years 1 week ago
- Banking
Commerzbank has processed the first BPO transactions in Austria, covering the import of bus components from Germany and Italy.