Banking

Brits Vote: Biometrics Is More Preferable to Passwords

8 years 4 months ago
Mobile Banking, Security, Authentication Technology

Research from Equifax, the consumer and business insights expert, shows that 56% of people online would prefer to use a biometric security method over traditional options like passwords to log into their financial accounts online. The online survey, conducted by YouGov, found that a third (33%) of people would prefer to use fingerprint recognition as a security method to access their accounts. A further 13% would like to use iris scanners, 7%... more

Starling Bank Teams Up with Current Account Switch Service

8 years 4 months ago
Mobile Banking

Starling Bank, one of the new breed of mobile-only banks, has joined the Current Account Switch Service, bringing numbers up to just shy of 50 in just three and a half years, covering almost 100 per cent of the UK’s current account market. Starling Bank, which aims to meet the banking needs of a generation of mobile users, is the newest brand to sign up to the service, which has successfully switched more than 3.5 million current accounts since... more

First Islamic core banking deal for Path Solutions in the Americas

8 years 4 months ago
Banking

Suriname-based Trustbank is taking a big leap after signing a new licensing deal with Islamic software vendor Path Solutions to implement iMAL Islamic Banking & Investment System as its new core banking platform. This is a major breakthrough for the Kuwaiti vendor, as it’s the company’s first Islamic core banking software deal in the Americas. Path Solutions was selected after a comprehensive assessment of leading global solution providers... more

International Islamic Bank Selects ICS BANKS® ISLAMIC System from ICSFS

8 years 4 months ago
Islamic Finance

ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that International Islamic Bank (IIB), a newly established bank in Iraq, has selected the multi-awards winning system ICS BANKS® ISLAMIC.

eProseed migrates Al Rajhi Bank's DB systems to Oracle Exadata

8 years 4 months ago
Banking

Al Rajhi Bank, an advanced financial institution in the Middle East, called upon eProseed's expertise to provide assistance in the migration of its mission critical business databases to Oracle Exadata, a platform specially engineered to run Oracle Database. One year after the initiation of the project, the Bank is now reaping the benefits of improved staff productivity and resource utilization.

UBS uses electronic signature technology from Cryptomathic and SwissSign

8 years 4 months ago
Online Banking, Security

Shortly after the launch of their joint centralised solution for Qualified Electronic Signatures (QES), Cryptomathic and SwissSign today announce the completion of a major deployment at UBS, Switzerland’s largest retail bank.

Huawei integrated Infosys Finacle into KunLun server environment

8 years 4 months ago
Banking, Infrastructure

Today Huawei showed the availability of the Infosys Finacle core banking solution on Huawei KunLun.

Misys to host BIAN Open Day in London

8 years 4 months ago
Banking

Misys is pleased to be hosting the Banking Industry Architecture Network (BIAN) Open Day on 28th March 2017 in London. The free event, open for everybody in the industry, will focus on strategic change in Europe, bringing together challenger and established banks to explore this critical topic, amidst the impending arrival of PSD2.

İşbank Introduces Digital Mortgage Experience for Their Clients

8 years 4 months ago
Banking, Online Banking

Having developed many products and services that served as milestones for the Turkish banking sector throughout its long history, İşbank continues its innovations in line with digital vision defined as being a lifetime partner to customers, designing an end to end digital banking experience and creating additional value for each and every single customer’s lives.

Banks and fintechs have to collaborate to survive, according to Temenos report

8 years 4 months ago
Banking, IT Innovations

With the EU’s Second Payment Services Directive (PSD2) and open architecture framework set to come into force next year, regulation may well tip the scales between banks and fintechs for customer loyalty. Concessions must be made on both sides along the way, but in the end the collaborators will be the ones to survive – that’s according to an in-depth study released today by Temenos, the software specialist for banking and finance.

UN taps BBVA API card data to facilitate climate change project

8 years 4 months ago
Banking, Infrastructure

Spanish banking group BBVA is contributing information on card transactions to a United Nations project trying to tap big data to combat climate change. The UN Global Pulse Data for Climate Action open-innovation project is inviting data experts and researchers from around the world to pitch their ideas on how they can use information from private sector partners in the fight against climate change.

Deutsche Bank opens New York innovation lab

8 years 5 months ago
Banking

Deutsche Bank has opened an innovation lab in New York, its fourth globally after Silicon Valley, Berlin and London.

Westpac wants to take over your messaging keyboard

8 years 5 months ago
Payments, Banking

Westpac is working with Israeli-based startup PayKey on technology to add banking options to the bottom of a screen on a messaging app.

MoneyGram Considers Proposal of Euronet

8 years 5 months ago
Online Banking, M&A Deals

MoneyGram (MGI) announced today that its board of directors, after consultation with its outside legal and financial advisors, has determined that the unsolicited proposal received on March 14, 2017 from Euronet Worldwide, Inc. ("Euronet") (EEFT) to acquire all of the outstanding shares of MoneyGram Common Stock and Preferred Stock for $15.20 per share in cash on an as-converted basis (the "Euronet Proposal") could reasonably be expected to... more