Banking sector faces overwhelming testing burden due to technology fragmentation
- 9 years 10 months ago
- Banking
TestPlant, the maker of the eggPlant range of software test automation tools, today announced that its data indicates software quality departments in the banking sector are facing scalability challenges when testing applications due to the ever-growing range of devices and browsers. Conflicts between the need to roll out new applications and updates quickly, and the need to adequately test these applications, present an insurmountable challenge... more
China CITIC Bank to Implement Avaloq banking suite
- 9 years 10 months ago
- Banking, Infrastructure
The Avaloq group, an international leader in integrated and comprehensive banking solutions, will implement the Avaloq Banking Suite at China CITIC Bank International Limited (“CNCBI”).
Innovative MyStandards technology from SWIFT fast tracks bank onboarding for corporates
- 9 years 10 months ago
- Banking
SWIFT announces today that Barclays and Navigators have successfully used the MyStandards Readiness Portal, a collaborative standards management platform that eases the client on-boarding process for financial institutions and their customers. The MyStandards Readiness Portal allows users to test their messages against specifications and prove their ability to reach certain quality and straight-through processing rates, helping to improve the... more
Commercial Bank of Ethiopia launches "groundbreaking technology in Ethiopia"
- 9 years 10 months ago
- Banking, Infrastructure
The Commercial Bank of Ethiopia (CBE) has launched NetGuardians and TeamMate systems to further enhance its capacity to protect customers' data and militate against risks. The systems were implemented by SOFGEN, a leading global banking technology consulting company which is part of the giant TechMahindra group of companies.
Banks in Danger of Losing Customers as Structural and Technological Changes Drive Shift in Customer Needs
- 9 years 10 months ago
- Banking
Banks are struggling to stay relevant to a shifting customer base that is driven by technology and need to rethink their business models and value propositions to stay relevant to customers, according to a study by Anthemis Group and Claro Partners.
Metro Bank to launch new portal for Intermediaries
- 9 years 10 months ago
- Banking, Infrastructure
The portal has been created with widespread support and input from the intermediary sector and represents the first phase of its mortgage switching initiative that will see further development throughout the year. A market first, the user friendly Product Switching Portal gives brokers clear and instant information to help them share new and existing products with homeowners in a matter of minutes.
GFT to Launch Digital Banking Roadmap
- 9 years 10 months ago
- Banking
Digital banking goes much further than just using online technologies. It lets people decide how a bank can solve their financial challenges. It means banks can start advising customers on their needs in a consistent way and on the customersʼ terms.
5th Annual Middle East Banking Innovation Summit Concludes Successfully
- 9 years 10 months ago
- Banking
The two-day Middle East Banking Innovation Summit featuring 20+ presentations, over 30 speakers and more than 450 attendees came to a successful closure on Tuesday. The 5th edition of this summit reiterated its position as the leading platform in the Middle East region for the bankers to engage in idea sharing on trends and technological innovations driving the industry. The summit commenced with premium sponsors Visa, Schneider Electric and IBM... more
British customers want high street banks
- 9 years 10 months ago
- Banking
Three quarters of Britons believe branches will still exist in 2025, with shorter queues (43%), access to more experts (29%) and a more personalised service (27%) top of the list of desirable features for the bank branch of the future. Despite the adoption of online and mobile banking services and as banks continue to close branches around the UK, 57% of the 2030 respondents surveyed by cash management experts Glory Global Solutions said they... more
Global Islamic finance industry to undergo first comprehensive assessment of its 40-year history this December
- 9 years 10 months ago
- Islamic Finance
The World Islamic Banking Conference (WIBC), considered by many as the Islamic financial services industry’s compass for over two decades, continues to live up to its reputation after officially announcing today that its 22nd annual edition will provide industry leaders with a unique opportunity to critically assess Islamic finance’s 40-year history.
73% of UK SMEs have no contact with their bank relationship manager
- 9 years 10 months ago
- Banking
A new study commissioned by BCSG has revealed that the relationship between retail banks and their small and medium sized business (SMEs) customers is weakening. The research demonstrates that the shift to digital services has increased the risk of switching financial service provider and that banks must move towards a model that drives engagement through business critical insight and services to defend against SME churn.
Nordea has selected Accenture and Temenos to help the bank replace its core banking systems
- 9 years 11 months ago
- Banking, Infrastructure
Accenture will assist with implemention of the new platform, which will be based on Temenos’ core banking software. The Stockholm-based bank took a EUR344 million impairment charge on its current IT systems in Q3 as it outlined plans to embark on a major project to rip and replace its core banking and payments systems.
NCR and Q-nomy Software Solutions Bridge Cumberland’s Digital and Physical Banking Channels
- 9 years 11 months ago
- Banking
NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, announced today that Cumberland Building Society has chosen NCR and technology partner Q-nomy to deliver a multi-channel appointment booking service to its members in bank branches across the U.K. and online.
Gulf Bank Wins IFM 2015 Awards
- 9 years 11 months ago
- Banking
London-based International Finance Magazine has conferred the 2015 awards for 'Best Retail Bank' and 'Best Retail Customer Service Bank' in Kuwait to Gulf Bank. The awards will be presented in London later this year in November.
