Aion Bank Partners With Form3 to Disrupt Banking and Change the Way We Think About Finances
- 4 years 7 months ago
- Banking
Aion Bank, a new full-service digital bank, and Vodeno, a cloud-based banking-as-a-service platform, have partnered with cloud-native payments technology specialists Form3 to implement their next-generation payments platform and deliver real-time payment processing, clearing and settlement for Aion’s European members.
Tide Begins International Expansion with Launch in India
- 4 years 7 months ago
- Banking
Tide, the UK’s leading business financial platform, [1] has today announced its first steps to expand internationally, as it plans to launch in India in the first quarter of 2021. An initial limited test launch of the platform will be followed by gradual roll-out of the service later in the year.
Artesian Takes Commercial Banking Automation to the Next Level with the Launch of Artesian Connect
- 4 years 7 months ago
- Banking
Artesian Solutions, a leading provider of client relationship intelligence and risk solutions, has today announced the launch of Artesian ConnectTM, a new way to solve complex and high-value frontline and middle office commercial banking challenges.
Bank of Khyber Transforms to Temenos Core and Digital Banking Platform
- 4 years 7 months ago
- Banking
Bank of Khyber (“BoK”) which is a leading bank in Khyber Pakhtunkhwa, Pakistan, with 175 branches, successfully went live with Temenos Transact the next generation core banking, Temenos Infinity digital banking platform, Financial Crime Mitigation and Analytics. The implementation was carried out by Temenos’ Middle East implementation partner based in Pakistan, National Data Consultant (“NdcTech”).
BNL, BNP Paribas Group, Goes Live With Multi-Banking Tink Tech
- 4 years 7 months ago
- Banking
Italian bank BNL, part of the international group BNP Paribas, has launched a multi-banking service with leading open banking platform Tink. This forms part of a wider strategic European partnership between BNP Paribas and Tink, announced at the beginning of 2020.
Revolut Launches Confirmation of Payee for UK Customers
- 4 years 7 months ago
- Open Banking, Banking
Revolut has announced the launch of Confirmation of Payee for its more than three million UK retail customers. This latest feature forms part of Pay.UK’s anti-fraud initiative and further bolsters Revolut’s already award-winning anti-fraud features.
KBC Bank Chooses Finastra For LIBOR Transition
- 4 years 7 months ago
- Banking
KBC Bank, a Belgium-based bank with operations across Europe, US and Asia Pacific, has chosen Finastra to help manage its transition through the upcoming interbank references rates changes. It has selected Fusion Loan IQ Alternate Reference Rates (ARR) module to manage new rates and to expand its lending business. The bank has also opted for the Fusion LIBOR Transition Calculator to help calculate rates ahead of the transition period.
Allied Irish Banks (AIB) Selects Planixs’ Real-Time Intraday Liquidity Management Software to Enhance Treasury Operations
Planixs, the leading provider of real-time, intraday cash, collateral and liquidity management solutions, has announced today that it has been selected by Allied Irish Banks (AIB) to enhance their liquidity management processes and treasury operations through Planixs’ Realiti® software suite.
Amaiz Urges Government to Bring Clarity to Impact of Brexit on Financial Services
- 4 years 7 months ago
- Banking
The UK economy, particularly small companies, are currently facing the twin challenges of Brexit and the pandemic. The FCA (the Financial Conduct Authority) and FSB (Federation of Small Business) have both published figures this month that show the alarming impact on SMEs (see below). Whilst the Government recognise that it is a challenging year and are helping with grants, they do not appear to have recognised a distortion in the market,... more
Caixa Geral de Depósitos Partners with Backbase to Accelerate Innovation and Consumer Engagement
- 4 years 7 months ago
- Banking
Caixa Geral de Depósitos (CGD), Portugal’s largest bank, today announces its partnership with Engagement Banking technology provider Backbase. The collaboration will enable CGD to create new digital banking channels across all its business lines and achieve a seamless customer experience, starting with SME customers. With the support of Backbase technology, CGD will launch a range of new initiatives, including building Portugal’s first-ever... more
Komerční Banka Selects Temenos to Reinforce its Leadership in Digital Banking in Czech Republic
- 4 years 7 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that Komerční banka, a member of the Société Générale Group and one of the largest financial institutions in the Czech Republic, has selected Temenos Transact to modernize its retail and corporate banking.
Covid Drives UK Banking Revolution As The Nation Goes Online
More than seven in ten Britons say that life through two national lockdowns has fundamentally changed the way they manage money but, for once, the changes have been positive. Nationally, 62% of people say they are in better control of their money than they were before COVID struck, according to new research from ThoughtWorks, a leading global software consultancy.
Fintech Companies that Are Currently Game Changers
- 4 years 7 months ago
- Payments, Banking, Cloud, FinTech StartUps, IT Innovations, Infrastructure
The number of fintech businesses has grown to more than 20,000 worldwide. So what are the best and most innovative companies right now? We take a look here! Fintech companies are growing in numbers and capabilities thanks to improvements in smartphones, internet connectivity and a host of other tech developments. According to data collected by Statista, there were around 12,500 fintech businesses worldwide in 2019, and that grew beyond 20,000 in... more
Bank of Prairie du Sac Selects Finastra’s Fusion Phoenix Core to Improve Customer Experience and Support Growth Strategy
Finastra announces that Bank of Prairie du Sac, a community bank outside of Madison, WI, will upgrade its core operating system to Fusion Phoenix to future-proof its technology.
Arab Investment Bank Selects Temenos to Drive Digital Growth and Financial Inclusion
- 4 years 8 months ago
- Banking
Temenos (SIX: TEMN), the banking software company today announced that Arab Investment Bank has selected Temenos to power its digital customer experience. Arab Investment Bank chose the market-leading capabilities of Temenos Infinity and Temenos Payments to improve performance, drive its digital growth strategy and provide a boost to financial inclusion for millions of Egyptians.