Vermeg’s AgileREPORTER Powers Bank North’s Regulatory Compliance
- 4 years 2 weeks ago
- Wealth Management, Banking
Vermeg, the leading global provider of regulatory reporting and collateral management solutions, announces that Bank North, the UK's first truly regional business bank of the modern era, has signed a multi-year licence for its flagship regulatory reporting platform, AgileREPORTER.
New Research Finds Almost Half of Financial Executives Expect a Return to Normal Growth by 2022
CFOs expect continued inflation and supply chain shortages, turn to predictive technology to support positive business outcomes
SberBox Top and SmartBadge: CES Innovation Awards Honorees
- 4 years 2 weeks ago
- Banking
SberBox Top, a smart TV media center, and SmartBadge, a solution analyzing employee-customer communications, have been honored by CES Innovation Awards, which was held ahead of Consumer Electronics Show (CES), the most influential technology event in the world scheduled to take place in Las Vegas, Nevada, on January 5-8, 2022.
Sovcombank Announces Support for TCFD Recommendations
- 4 years 2 weeks ago
- Banking
Sovcombank is the first Russian bank to support the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and of the Working Group on Climate-Related Financial Disclosures). The Bank is committed to applying the Working Group’s recommendations to make its ESG reporting even more transparent.
Banking Circle Improves Speed and Reduces Cost for Businesses Tapping Into Danish Market
B2B Payments bank, Banking Circle, has joined the Danish national intraday clearing system. Through Banking Circle as a direct clearing participant, Payments businesses and Banks can now pay out and collect payments locally in Denmark on behalf of their customers more quickly and at lower cost than via traditional cross border payment methods. This will enable e-commerce businesses around the world to tap into the growing Danish market.
PPS Powers Suits Me – the Personal Account for Everyone
- 4 years 2 weeks ago
- Money Transfers, Alternative Finance
PPS, an Edenred subsidiary and a one-stop-shop for prepaid and fintech programmes, today announces its partnership with alternative e-money provider for the financially excluded Suits Me, following its migration from Banking as a Service Provider, Contis.
ACI Worldwide Launches Network Intelligence Technology to Combat Real-Time Payments Fraud
- 4 years 2 weeks ago
- Payments, Banking, Fraud Detection
New technology enables banks and payment providers to share industry-wide fraud signals to leverage machine learning technology more effectively
Commerzbank Successfully Concludes Negotiations with Central Works Council on Implementation of Strategy 2024
- 4 years 3 weeks ago
- Banking
● Agreement reached on partial settlements of interests for divisions in Germany
CaixaBank Preps Tech Integration With Bankia
- 4 years 3 weeks ago
- Banking
CaixaBank's IT team is set for a fraught weekend as it begins its technological integration with recently-acquired Bankia, unifying the computer systems of both banks as well as the data stored on them. CaixaBank received the greenlight from regulators in March to buy state-owned lender Bankia for EUR4.3 billion, creating Spain's biggest domestic bank. Now, it is gearing up for the largest technological integration seen in the country's... more
Sovcombank Places USD 300 Million in Perpetual Eurobonds at 7.6%
- 4 years 3 weeks ago
- Banking
Sovcombank has placed an issue of perpetual subordinated Eurobonds in the amount of USD 300 million with an annual coupon of 7.6%. With strong demand for the Bank’s securities from Russian and foreign investors, the issue was three times oversubscribed. The Bank will use the proceeds to optimise its capital structure for further business growth.
SEBA Bank’s SEBAX® Wins “Best ETP of the Year” Award in Swiss ETF Awards 2022
- 4 years 3 weeks ago
- Banking
SEBA Crypto Asset Select Index (SEBAX®) delivers excellent performance and innovation in the crypto space which is honored by the public The “Best ETP of the Year” award recognises the SEBAX® Index as a leader in the multi-coin crypto space The SEBAX® Index is unique in that it combines the quality processes of a Swiss regulated bank with outstanding investment performance track record
As the World Opens Doors for Travel, Niyo and SBM Bank Launches the Upgraded Niyo Global Experience for the Passport Holders
- 4 years 3 weeks ago
- Digital banking, Banking
~A unique digital savings account complimented with international VISA Signature Debit Card, Zero Forex mark-up and attractive interest rate~
Lockdown Sees Fintechs Take Significant Market Share From Banks in Lending, With Open Finance Set to Level the Playing Field Further.
- 4 years 3 weeks ago
- Lending, Credit Cards, Banking
Data from ClearScore shows challengers and fintechs stealing share of lending market during Covid-19 pandemic ClearScore data suggests there are 9.3m credit customers ready to use open finance for their lending needs, 3.2m of whom are currently poorly served by the market Early adopters of open finance data-sharing are lower risk says ClearScore
NCR Predicts Banking Trends for 2022
- 4 years 3 weeks ago
- Banking
A combination of quickly shifting consumer preferences, the disruptive impact of technology and relentless pressures facing financial institutions have made the strategic use of automation and digitization more critical than ever before. From regulatory demands and disaster planning to widespread staffing shortages, banks and credit unions are being challenged to accomplish more with less resources while still delivering excellent customer... more
OTP Bank Selects Sambanova Systems to Build Europe’s Fastest Ai Supercomputer
- 4 years 3 weeks ago
- Artificial Intelligence, Banking
Strategic partnership positions OTP Group and the Ministry for Innovation and Technology (ITM) of Hungary as the European AI leader, enabling rapid transformation across the bank and the region for the next decade
