ikigai Closes Successful CrowdCube Campaign, Raising £1.9 Million for Its Premium Digital Banking and Wealth Management App
- 4 years 7 months ago
- Banking
ikigai, the new premium fintech bringing self-care to personal finance, closes its successful Crowdcube campaign raising £1,905,993 overfunding by 158%.
Market Cap of Europe's Largest Banks Jumped by 30% in Six Months and Hit $438B
- 4 years 7 months ago
- Banking
The year 2020 was a challenging year for the European banking sector, with many of Europe's largest financial institutions coping much worse with the crisis than their US peers. However, the last few months have witnessed a significant recovery, with the market cap of Europe's largest banks reaching almost pre-pandemic levels. According to data presented by BuyShares.co.uk, the combined market capitalization of the largest banks in Europe jumped... more
CaixaBank Implements a New Technology Platform in its ATMs to Offer the Same User Experience as Mobile and Web Online Banking
- 4 years 7 months ago
- Banking, Online Banking
• The ATMNow project makes CaixaBank the world's first bank to offer a fully omni-channel experience, with the same quality, image and service on all its digital channels. • The bank plans to adapt its 9,000 ATMs to the new system by the end of July.
Temenos Accelerates Banking Innovation for SMEs With the Launch of Temenos Virtual COO at TCF Online 2021
- 4 years 7 months ago
- Payments, Banking, Core Banking
SMEs make up 95% of businesses in many countries, and yet they are consistently underserved by banks around the world. Temenos and Canadian Western Bank (CWB) have innovated together to develop an Explainable AI-driven (XAI) solution, Temenos Virtual COO. Following TCF Online 2021, Temenos, the banking software company, announces that it has launched Temenos Virtual COO globally.
Saxo Bank Becomes First Bank to Earn a Cloud Security Alliance (CSA) STAR Level 2 for Its Investment Infrastructure as a Service Offering
Saxo Bank becomes the first bank in the world to earn the Cloud Security Alliance STAR Level 2 Attestation and Trusted Cloud Provider accreditation. It is a clear testament to the bank’s successful technology transformation journey.
Aeroflot Signs Its First Sustainability-linked Loan Agreement with Sovcombank
- 4 years 7 months ago
- Banking
PJSC "Aeroflot" has signed sustainability-linked loan agreement with PJSC "Sovcombank". The financing costs of the revolving credit facility in the amount of $320 million will be linked to the company’s ESG performance assessed by MSCI ESG rating agency.
Gresham Technologies Announces Agreement to Acquire Electra Information Systems
- 4 years 7 months ago
- Trading Systems, Management, Payments, Banking, Data
Global fintech Gresham Technologies plc (Gresham) that specialises in providing real-time solutions for data integrity and control, banking integration, and payments and cash management, has announced its agreement to acquire post-trade automation specialists, Electra Information Systems, Inc. (Electra).
Commerzbank and Partners Execute Live Transactions on the ‘Marco Polo’ Trade Finance Network
- 4 years 7 months ago
- Payments, Money Transfers, Banking
● Commerzbank successfully executed two live transactions to secure payments for commercial transactions based on blockchain technology ● Key milestone for the market launch of Marco Polo Payment Commitment
Zopa Rolls out Test and Learn Approach to Ensure Sustainable Working Future
- 4 years 7 months ago
- Payments, Money Transfers, Banking
Neobank Zopa has outlined its approach to defining the future of work. With some organisations declaring an end to office-based working and others retrenching to the ‘known’ model by asking staff to return, Zopa is applying a test and learn approach for the rest of 2021. The neobank which has around 450 staff, has announced its trial to staff in order to work collaboratively with them to define ways of working in the post-Covid future.
Avaloq wins European Wealth Management Transaction Processing Solution Award for Excellence
- 4 years 7 months ago
- Wealth Management, Banking, Core Banking
Avaloq has won the prestigious Transaction Processing Solution category at The Ninth Annual WealthBriefing European Awards 2021. The firm was also highly recommended in the Innovative Use of Artificial Intelligence (AI) category.
iBanFirst Teams up with Global Investment Firm Marlin Equity Partners to Finance Organic Growth and M&A Initiatives
Financial services provider iBanFirst, which delivers solutions across banking borders, has announced the completion of a growth equity investment to fund product development, international expansion and M&A. Global private equity firm Marlin will become the fintech’s largest shareholder, replacing existing business angels and some of the company’s early backers. Through the transaction, a number of iBanFirst’s historic partners, including... more
Temenos Recognizes Partners at TCF Online 2021 for Making Banking Better, Together
- 4 years 7 months ago
- Banking
Temenos, the banking software company, today announced the winners of the 2021 Temenos Changemaker Awards for partners at the annual flagship event, the Temenos Community Forum (TCF) Online. It is thanks to the community that Temenos has built, and its Changemakers, that Temenos has grown to become the world’s #1 banking software. These awards recognize the contribution that Temenos’ partners offer to the Temenos community, and their commitment... more
Path Solutions Successfully Completes System Upgrade at KFH
- 4 years 7 months ago
- Banking, Islamic Finance
Path Solutions, the global Islamic banking software company, today announced that Kuwait Finance House (“KFH”), Kuwait’s Islamic banking pioneer has successfully completed the upgrade of its fully automated STP Islamic Treasury solution to the new Path Solutions’ Java-based platform iMAL R14.1, as of 21st
3S Money Secure New Banking Partner Raiffeisen Bank International A.G.
- 4 years 7 months ago
- Banking
3S Money, a bank challenger that enables corporates to accept and manage bank transfers in foreign markets, today announced that it is expanding its portfolio of banking partners to include Raiffeisen Bank International A.G. - an Austrian banking group.
Nordea Bank Abp: Flagging Notification in Accordance with Chapter 9, Section 10 of the Securities Markets Act
- 4 years 7 months ago
- Banking
Nordea Bank Abp has on 26 May 2021 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which Sampo plc's shareholding of Nordea Bank Abp’s shares and voting rights has decreased below the threshold of 15 percent on 25 May 2021. The total number of shares and voting rights in Nordea Bank Abp is 4,049,951,919.
