Ecobank Group partners with Alipay to bring more inclusive financial services to users
The leading pan-African bank, Ecobank, has signed a cross-border remittance agreement with Alipay, the world’s leading payment and lifestyle platform, that aims to bring more inclusive financial services by providing a fast, safe, affordable and convenient way for workers to transfer money back home.
Fenergo Closes Investment Round from ABN AMRO Ventures & DXC Technology
- 5 years 11 months ago
- Banking
Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, has announced today that it has closed its latest funding round. The award-winning enterprise software provider has raised capital from ABN AMRO Ventures and DXC Technology. ABN AMRO’s investment follows the investment by DXC Technology (NYSE: DXC) into Fenergo in the summer of 2019.
TransPecos Banks Signs With Nymbus For Modern Core Banking Upgrade
- 5 years 11 months ago
- Banking, Core Banking
NYMBUS, a provider of the world’s most advanced financial services platform, today announced
Burrow partners with Saffron Building Society to Develop Digital On-Boarding Platform For Mortgages
- 5 years 11 months ago
- Core Banking
Burrow, part of the DPR group and provider of customer onboarding as a service technology, have announced their latest partnership with Saffron Building Society to launch a fully automated pre-application qualification solution for new mortgage customers. The Burrow platform offers a slick user interface that enables lenders and intermediaries to pre-qualify customer mortgage enquiries with an easy to adopt ‘plug and play’ solution, without the... more
UK SIPP provider doubles customer growth using Cashfac Virtual Accounts
- 5 years 11 months ago
- Cash management, Banking
Leading provider of self-invested pension products integrates Cashfac’s flagship solution to drive process automation and increase productivity A leading provider of self-invested pension products (SIPPs) – has doubled customer growth of their business operations by integrating Cashfac’s flagship virtual accounts solution with its existing core systems.
In-memory Computing Platform Hazelcast Raises $28.5m
- 5 years 11 months ago
- Retail Banking
Hazelcast, the leading in-memory computing platform that delivers radically fast application performance at scale, today announced the expansion of its Series D round due to over-subscribed interest from global investment entities.
N26 announces exit from UK banking market
- 5 years 11 months ago
- Banking
With the UK having left the European Union, N26 has announced that it will be leaving the UK market. The timings and framework outlined in the EU Withdrawal Agreement mean that the company will in due course be unable to operate in the UK with its European banking licence. Thomas Grosse, Chief Banking Officer at N26 said: “While we fully respect the decision that has been taken, it means that N26 will in due course be unable to serve our... more
Salt Edge celebrates the 1000+ integrated PSD2 APIs
- 5 years 11 months ago
- Banking
Salt Edge announces its most significant landmark so far – integrating with 1000+ open banking APIs so that businesses could develop smarter and better services for end-users.
Rewire develops into neobank for migrants following 40% monthly growth rate across Europe
- 5 years 11 months ago
- Transaction Banking, Banking
Rewire, a cross-border banking service provider for migrants, has today announced the growth of its product offering as a neobank for migrants in Europe. Rewire now offers tailored accounts focused on the specific needs of migrants and is introducing a new line of innovative banking products that can serve them in the host country and the country of origin.
Bank Leumi UK’s tech event outlines 2020’s key trends
- 5 years 11 months ago
- Banking
Leumi UK – the London-based subsidiary of Israel’s leading international bank – and LeumiTech, Leumi Group’s technology banking practice hosted a joint tech-focused discussion, bringing together influential figures from the technology industry – including senior representatives from Google, Facebook and Amazon – to engage in an open discussion on the state of the tech landscape in 2020.
Bank of England select AutoRek
- 5 years 11 months ago
- Banking
AutoRek announced the latest addition to our growing list of clients is The Bank of England. Following a competitive tender the Bank selected AutoRek to automate their reconciliation processes and achieve increased efficiencies. The two-phase project will work across both Finance and Operations and provide a centralised platform for their daily and monthly reconciliation tasks. The key business benefits of Autorek include:
13th New Age Banking Summit to look at challenges, future-forward strategies
- 5 years 11 months ago
- Banking
The 13th edition of the New Age Banking Summit (NABS), a leading platform for the banking and Fintech sector in the Middle East, will see nearly 200 leading bankers and technology speakers gather to discuss challenges and devise comprehensive strategies to negotiate the ever-changing banking ecosystem.
ICSFS’ Managing Director, Robert Hazboun, Acknowledged for his Business Leadership and Exceptional Vision by World Finance
World Finance, the voice of the market magazine, awarded ICS Financial Systems Limited (ICSFS)’ Managing Director; Robert Hazboun, in its World Finance Winter 2020 edition, as one of its World Finance 100 individuals and business in financial services that have outstanding enterprise and kept pushing their industries forward.
Temenos Included in the FTSE4Good Index Series as a Result of Strong Environmental, Social and Governance Practices
- 5 years 11 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced it has been included in the FTSE4Good Index Series, created by the global index provider FTSE Russell. Inclusion in the FTSE4Good Index Series denotes Temenos’ strong Environmental, Social and Governance (ESG) practices, which form part of its wider strategy to promote a culture of sustainability, responsibility and ethics across the business and its operations.
Deutsche Bank onboards Xceptor to automate core operational processes in Indonesia
- 5 years 11 months ago
- Banking
Xceptor provides AI-enabled data centric automation software to easily automate processes thereby driving productivity and operational efficiency. As part of this partnership, Xceptor will help to automate reconciliations with multiple external parties for the bank’s Securities Services business. Computation of various components of tax such as Capital Gains and Withholding tax will also be transformed with the use of Xceptor. The powerful... more
