China Minsheng Bank Teams Up with Bolero
- 8 years 4 months ago
- Trading Systems, Banking
Bank will offer the multiple benefits of the Bolero platform as new agreement marks the start of long-term relationship China Minsheng Bank announced its partnership with Bolero to offer importers the multiple benefits and slashed transaction times of the Bolero electronic trade document platform. The agreement between Bolero and China Minsheng Bank marks the beginning of a longer-term relationship that will begin with a significant iron and... more
Zenmonics Collaborates With MX to Deliver Intergrated Financial Data For Digital Transformation Platform
- 8 years 4 months ago
- Banking, Infrastructure
Today Zenmonics, a global technology services provider serving the banking and financial technology market, reported a new strategic alliance with MX, the world's fastest-growing fintech company, to provide unified financial data and intuitive money management tools to its digital transformation platform, channelUNITED. The companies announced the partnership in conjunction with delivery to a shared top-100 financial institution.
Payscape Collaborates with Embassy National Bank
Payscape Financial technology provider, has teamed up with Atlanta’s Embassy National Bank, to provide local businesses with the latest financial products and services that will allow them to increase cash flow, process payments, and streamline their business operations through innovative software solutions.
Smart Contracts: From Ethereum to Potential Banking Use Cases Whitepaper
- 8 years 4 months ago
- Banking
With contributions from Zerado, FinTech Network have produced a whitepaper that looks at smart contracts and how they could improve efficiencies within the banking sector. The whitepaper highlights:
CommBank Ships Free Data Analytics Platform to SMEs
- 8 years 4 months ago
- Banking
Commonwealth Bank is putting the power of big data into the hands of small and medium businesses by launching a powerful new-to-market business analytics platform. The world-leading Daily IQ 2.0 platform brings together a suite of data feeds and online tools enabling businesses to not only monitor their performance in real-time and instantly view customer purchasing and demographic trends, but to model future scenarios based on a range of... more
GMC Software Research: Almost Half of UK Consumers Considering to Switch Banks
- 8 years 4 months ago
- Banking
43 percent looking to switch in the next year, as 68 percent feel they are “Just a number” to their bank
Diebold Nixdorf Reveals New ATM Concept
- 8 years 4 months ago
- Banking
Diebold Nixdorf (DBD) is demonstrating a new, innovative banking concept, Essence, that features a sleek, modern design and user interface to advance the future of connected commerce. Powered by software-driven interactions, the intuitive multi-touch functionalities that consumers have come to expect from smartphones and tablets, such as swipe, scroll and smart zoom, enhance and modernize everyday consumer banking transactions.
Cellum Reveals Virtual Prepaid Cards for Underbanked Markets
- 8 years 4 months ago
- Banking, Infrastructure
Cellum demonstated a new solution aimed at providing financial services to the unbanked and underbanked, at this year’s SMART Conference. The solution, called Connected Card, utilizes prepaid cards and allows users to make purchases both online and in-store using NFC, as well as to send funds directly to other users.
Arrowhead Credit Union Launches Arca Cash Recyclers
- 8 years 4 months ago
- Payments, Credit Cards, Banking
Arrowhead Credit Union, with more than 133,000 members, was seeing a lot of growth, and with growth comes the need for improved efficiencies. In order to achieve greater operational efficiency, the West Coast credit union recently installed five of ARCA's CM18T cash recyclers.
Deutsche Bank Buys Stake in TrustBills
Deutsche Bank AG today announced the acquisition of a 12.5 percent share interest in the receivables auction platform TrustBills. Founded in 2015, the Germany based FinTech TrustBills is an electronic True Sale marketplace for national and international trade receivables. TrustBill’s goal is to become an international receivables market place for companies of all sizes. Terms of the agreement are not being disclosed. Deutsche Bank’s investment... more
OP Financial Group and Token Join Forces to Develop New Fintech Solutions
- 8 years 4 months ago
- Security and Compliance, Banking
Token, Inc., a provider of a turnkey open banking platform for banks that enables them to quickly and cost-effectively comply with PSD2 and generate new revenue, today announces a partnership with OP Financial Group, the leading financial services and banking group in Finland. The partnership with Token will enable OP Financial Group to innovate in the European open banking market and generate new revenue streams via future payment solutions.
ING Bank Invests in Unique Global Programme to Support and Develop staff
- 8 years 4 months ago
- Banking, Infrastructure
ING is launching the latest phase of its next generation professional development programme, the Wellbeing Quotient (WQ), which aims to support its Financial Markets staff in a changing business environment.
Citibank to repay $5 million for inability to disclose A$ international transaction fees
- 8 years 4 months ago
- Credit Cards, Banking
Citigroup Pty Limited has to pay approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions where the merchant uses an entity based overseas to process its transactions.
Basel Committee:To- big-to-fail banks rapped for lax risk practices
- 8 years 4 months ago
- Banking
Today the Basel Committee on Banking Supervision unveiled its latest progress report on banks' implementation of the Principles for effective risk data aggregation and reporting.
Valley National Bank Taps nCino to Streamline Commercial Lending
- 8 years 4 months ago
- Banking
nCino, the worldwide leader in cloud banking, today announced that $23 billion-asset Valley National Bank has selected its Bank Operating System to boost efficiency and enhance communication across the commercial loan process.
