Pendo CEO Pamela Pecs Cytron talks about unstructured data in business debate interview
The exponential increase in the amount of data held by financial institutions, 80 percent of which is unstructured data, is fast becoming a key challenge for CTOs/CIOs in financial institutions around the globe.
Path Solutions Wins Two Categories at ACQ5 Global Awards 2017
- 7 years 11 months ago
- Islamic Finance
Path Solutions, the leading Islamic financial software company, has been recognised as ‘Core Banking System Provider of the Year - Islamic Finance’, while its cutting-edge iSHRAQ*Microfinance was selected as ‘Sharia-Compliant Microfinance Solution of the Year’ for the third year running, at the recently concluded ACQ5 Global Awards 2017.
Core Banking Provider Ohpen secures € 15 Million Series B financing at €100 million valuation
- 7 years 11 months ago
- Core Banking
Cloud-based core-banking provider Ohpen has secured a € 15 million Series B investment round led by private equity firm Amerborgh to accelerate international growth. Ohpen, founded in 2009, is a cloud-based core-banking engine, built for the efficient administration of retail investment and savings accounts.
Sberbank goes live with Spire and Lanter innovative mobile POS solution across four major Russian cities
- 7 years 11 months ago
- Transaction Banking, Payments, Banking
Spire Payments and its official Russian distributor Lanter have developed an innovative mobile POS solution to capture transportation and municipal payments in major cities throughout the Russian Federation. The initiative is spearheaded by Sberbank, the market-leading acquiring bank in the region and is driven by the desire to expand into new market sectors. This ground-breaking initiative has just been deployed in four major cities: Sankt... more
Turkish Bank Becomes First Bank to Implement Bacs’ New Low Cost Access Solution
- 7 years 11 months ago
- Banking
A pioneering approach to access has seen Turkish Bank become the 18th and latest member of Bacs Payment Schemes Ltd (Bacs), the company behind Direct Debit and Bacs Direct Credit. This new access solution is available to other smaller payment service providers (PSPs), allowing those with low transaction volumes simplified connectivity to these major payment schemes.
SME Insights Dashboard Firm 9 Spokes Signs Letter of Intent with RBC
- 7 years 11 months ago
- Banking
9 Spokes, the business insights dashboard for SMEs, is pleased to announce it has signed a letter of intent (LOI) to provide a white-label version of the 9 Spokes platform to Royal Bank of Canada (RBC).
BMCE Bank of Africa Executes Megara Suite from Vermeg
- 7 years 11 months ago
- Banking
As part of the modernization of its information system, BMCE BANK OF AFRICA selected the MEGARA© suite by VERMEG as a solution for managing the securities business. The new platform has been in production since 2nd of May.
Oromia International Bank Opts for ICS BANKS ISLAMIC System from ICSFS
- 7 years 12 months ago
- Banking
Oromia International Bank (OIB) will be implementing ICSFS’ universal Islamic flagship, ICS BANKS ISLAMIC in its head quarter and its 200+ branches; this mile stone project will provide Oromia International Bank with world-class fully integrated banking solutions which are designed and developed following the principles of Shari’a of which; ICS BANKS ISLAMIC Core Banking, Murabaha, Musharaka, Ijara, Istisna’a Tawaruq, Mudaraba, Salam, Qard... more
9 Spokes Signs Letter of Intent with Royal Bank of Canada
- 7 years 12 months ago
- Banking
9 Spokes, the business insights dashboard for SMEs, is pleased to announce it has signed a letter of intent (LOI) to provide a white-label version of the 9 Spokes platform to Royal Bank of Canada (RBC). RBC is the market-leading retail bank in Canada, with broad leadership in financial services, and one of the largest banks in the world, based on market capitalisation. RBC was recently ranked ‘Best Global Retail Bank of the Year’ by RBI, and ‘... more
Bank of Ireland Welcomes Startlab Demo Day
- 7 years 12 months ago
- Banking
Bank of Ireland startlab in Galway hosted its third “Demo Day” today in Eyre Square. Six startup companies currently partaking in the programme had a five minute slot to pitch their business to the assembled high profile investors, mentors and the Bank of Ireland network. The current cohort of startups participated on the incubator programme for the past six months with access to mentors, coaches and support from Bank of Ireland’s Innovation... more
Citi Launches Innovative Online Platform for Custody and Fund Services
- 7 years 12 months ago
- Banking
Citi announces the rollout of Citi Velocity Clarity, a comprehensive data and analytics platform using Big Data technology delivered through an integrated suite of advanced online functionalities.
Profile Software partners with BBA (UK)
- 7 years 12 months ago
- Banking
Profile Software, the leading financial solutions provider, today announced its recent partnership with the British Bankers’ Association (BBA), aiming at further establishing its presence in the local banking financial sector.
Avoka Develops CX Design Programme for Retail Banks
- 7 years 12 months ago
- Retail Banking
Avoka, the acknowledged leader in digital customer acquisition for financial services companies, today announced the launch of a Customer Experience (CX) Design program to empower its clients in the retail banking, business banking, and wealth management industries to optimize their digital customer acquisition and onboarding capabilities.
IFIC Taps Finastra to Boost Retail Banking Business in Bangladesh
- 8 years 41 min ago
- Retail Banking
The International Finance Investment and Commerce Bank (IFIC) has chosen Finastra to support the bank as it strives to make retail banking and SME services more of a focus, alongside its existing corporate client base. As part of this growth drive, IFIC will bolster its retail offering with FusionBanking Essence Online and Mobile to deliver advanced digital services to locals, disrupting the Bangladesh banking market.
Baxter Credit Union Uses Vidyo Video Banking Tech
- 8 years 1 hour ago
- Banking
Vidyo, the leader in integrated video collaboration, today announced that Baxter Credit Union (BCU) has deployed a video banking service using Vidyo’s cloud-based video collaboration technology, with the goal of launching a number of video-only branches in 2017. BCU members use video to remotely connect face-to-face with credit union representatives and knowledge experts, from their homes, mobile devices or in-branch, for improved self-service... more
