Misys and D+H to create the world’s third largest Fintech company, Finastra
- 8 years 2 months ago
- Transaction Banking, Banking, M&A Deals
Today Misys and D+H have joined forces to create a diversified global financial software provider, unmatched in terms of depth and breadth of solutions. Operating under the new company name Finastra (www.finastra.com), the combination will create the third largest financial services technology company in the world. The company has approximately 10,000 employees and over 9,000 customers across 130 countries, including 48 of the top 50 banks... more
Central Bank of Bahrain Announces Landmark Regulatory Sandbox for Fintech Startups
- 8 years 2 months ago
- Banking, FinTech StartUps
The Central Bank of Bahrain (CBB) has announced new regulations to create a regulatory sandbox that will allow startups and fintech firms to test and experiment their banking ideas and solutions. The creation of the regulatory sandbox provides an opportunity for fintech businesses around the world to expand and thrive in the Gulf and strengthens Bahrain’s position as a fintech and financial services hub in the GCC.
Temenos Joins Luxembourg FinTech Hub The Lhoft
- 8 years 2 months ago
- Banking
Temenos Group, the software specialist for banking and finance, has become the latest Leadership Circle Partner of the Luxembourg House of Financial Technology Foundation (The LHoFT).
Erste Digital Offshoot George Reaches One Million Customer Milestone in Austria
- 8 years 2 months ago
- Banking
George, the digital banking platform developed by Erste Group Bank’s in-house fintech and widely recognized as one of the most advanced in Europe, has hit the one million users mark in Austria two years after its launch.
Surety Bank Selects Nymbus to Go Digital-First
- 8 years 2 months ago
- Banking
NYMBUS Inc., the core banking modernization company, today announced Florida-based Surety Bank has selected NYMBUS SmartCore to digitally transform its banking operations.
Surety Bank Taps Nymbus Smartcore To Achieve Digital-First Business Transformation
- 8 years 2 months ago
- Banking
NYMBUS Inc., the core banking modernization company, today announced Florida-based Surety Bank has selected NYMBUS SmartCore to digitally transform its banking operations. Surety Bank chose NYMBUS SmartCore, a cloud-based core platform, to provide single, quality digital experiences for its clients and simplify back-end processes and workflows for its employees. For nearly 90 years, Surety Bank has served the Lake Mary, Deland and Daytona Beach... more
Leading Swiss Bank Vontobel Selects Appian as its Digital Transformation Partner
- 8 years 2 months ago
- Banking
Appian today announced that it has been selected by Bank Vontobel, a leading Swis
NACHA Survey: 92% of Banks are Ready to Implement ACH Debits
- 8 years 2 months ago
- Banking
NACHA, the Electronic Payments Association, the steward and rule maker of the ACH Network, today released results from a March-April 2017 qualitative survey of 24 financial institutions representing two-thirds of ACH origination volume on implementation readiness for Same Day ACH debits on the effective date of Sept. 15, 2017.
The Glue exhibits at the EBAday conference
- 8 years 2 months ago
- Blockchain, Transaction Banking, Banking, Data, Infrastructure
The Glue and it’s team are looking forward to exhibiting at EBAday 2017 exhibition and conference which is taking place in Dublin on 20th and 21st June, on stand number 54. This is the first time the firm is exhibiting at the event and will be showcasing three exciting new offerings. These include PSD2now, personal financial management and data aggregation capabilities. PSD2now is already in use at BNP Paribas in Belgium.
Emirates NBD Reveals Clearing and Settlement Services for the UAE’s Equity Markets
- 8 years 2 months ago
- Banking
Today Emirates NBD, a leading bank in the region, reported that it is the first UAE-based financial institution to obtain a general clearing member approval from ‘SCA - Securities and Commodities Authority, UAE. As a General Clearing Member, Emirates NBD can now provide clearing and settlement services to trading participants of the UAE’s equity markets.
OCC Provides Guidance for Banks as US Prepares for T+2
- 8 years 2 months ago
- Banking
The OCC expects that as of the T+2 compliance date, in accordance with industry standards and applicable securities and self-regulatory organizations’ rules for securities clearance and settlement, banks will not effect or enter into a contract for the purchase or sale of an affected security that provides for payment of funds or delivery of securities later than the second business day after the date of the contract, unless otherwise expressly... more
ICC Banking Commission to Launch Digital Trade Finance
- 8 years 2 months ago
- Banking
In line with its 2020 Strategy, the ICC Banking Commission has launched a “Digitalisation of Trade Finance Working Group”.
Romania's BCR Improves Cash Management with Assistance of NCR and Printec
- 8 years 2 months ago
- Banking
Banca Comercială Română (BCR), the largest financial group in Romania and a member of Erste Group has significantly improved availability and operation costs across its network of more than 2,600 ATMs and its cash processing centers with the help of NCR Corporation (NYSE: NCR) and its channel partner Printec.
Synechron Partners with Misys to Demonstrate Corporate Banking and Capital Markets Expertise
- 8 years 2 months ago
- Banking
Synechron, a global financial services consulting and technology service provider, today announced that it will join the Misys InFusion Partner Program. Synechron will develop two Centres of Excellence focused on Capital Markets and Corporate Banking to support clients across the United States, Europe, Middle-East and India.
Challenger Platform helps OTP banka Hrvatska Issue 13% More Cards and Onboard 16% More Mobile Banking Users in Just Four Months
- 8 years 2 months ago
- Banking
What can banks do to dramatically increase new credit cards issued or the number of mobile banking users? Banks worldwide seem to be struggling with this challenge. Even though online banking penetration is growing, only 7 to 11% of customers use specific bank’s products. An average bank has about 30-50 particular products, but only 2 to 3 of them are used by clients – meaning that up to 90 percent of bank products can remain unused.
