Banking by Mobile Overtakes Branch Interactions - BBA
- 10 years 2 months ago
- Mobile Banking
Banking by smartphone and tablet has become the leading way customers manage their finances, as mobile banking overtakes branches and the internet as the most popular way to bank, according to the British Banking Association.
Kasikornbank to shut down for 48 hours, July 17-19
- 10 years 2 months ago
- Banking
Thailand's fourth-largest bank, Kasikornbank is to shut down all services for two days as it upgrades its banking platform. The weekend-long downtime will affect all of the bank's channels, including mobile and branch, and all card services, except credit cards. The move to suspend all services may seem drastic, but the bank is taking no chances following a lengthy and troubled core banking conversion project.
CIMB Niaga has gone live with FERNBACH’s FlexFinance software
- 10 years 2 months ago
- Banking
The Project Steering Committee of CIMB Niaga gave the green light for the official go-live of another important milestone in the introduction of FERNBACH’s FlexFinance FRC software. On this occasion, CFO Pak Wan Razly Abdullah (CIMB Niaga) congratulated EVP APAC Dr. Denis Diop (FERNBACH) on behalf of FERNBACH’s implementation team for the excellent project work that has been completed so far.
US Bank Tops Consumer Trust Charts
- 10 years 2 months ago
- Banking
Privacy and information security research firm the Ponemon Institute announced the results of its 11th annual Privacy Trust Study for Retail Banking, measuring consumer perceptions of trustworthiness for retail banking institutes.
Accenture Launches Analytics Applications For Financial Services Firms
- 10 years 2 months ago
- Retail Banking
Accenture (ACN) is launching seven advanced analytics applications for the financial services industry, including banking and insurance companies, to simplify analytics decision-making by placing insight at users’ fingertips.
CommBank Releases Smartwatch Apps
- 10 years 2 months ago
- Retail Banking
Customers of Australia's Commonwealth Bank can now track the movement of share prices and perform everyday banking tasks with a tap of their wrists following the release of two new smartwatch apps. The CommSec Apple Watch app enables customers to track movements in the ASX 200, view their share portfolio, programme in alerts and ask Siri to get live share prices. Paul Rayson, executive general manager, CommSec, says the new app is meeting the... more
Mambu upgrades cloud platform for SMEs
- 10 years 2 months ago
- Online Banking
Mambu, the SaaS banking platform provider, today announced new capabilities designed to provide small banks, commercial/personal finance companies and microfinance institutions the ability address the complex requirements of lending to small to mid-size enterprises (SMEs).
Apple Pay expands into UK
- 10 years 2 months ago
- Mobile Banking
Apple Pay will come to the UK in July, Apple confirmed at its Worldwide Developers Conference in San Francisco on Monday. It will be available at more than 250,000 locations - more than the number of merchants it had in the US for last year’s launch. Participating retailers include Marks & Spencer, Costa and Waitrose – as well as Transport for London, meaning that Tube and bus travel can be paid for with Apple’s contactless payment system.
SmartStream Technologies opens a new office in Nairobi
- 10 years 2 months ago
- Retail Banking
SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced that it has expanded its global operations with the opening of a new office in Nairobi. The office is the second in Africa, following the opening of Johannesburg in April 2013. The new operation will be led by Pritesh Kotecha, Senior Vice President for Middle East, Turkey, South Asia and Africa.
TransferWise Exceeds the £500m a Month Milestone
- 10 years 2 months ago
- Wholesale Banking
London-based money transfer startup TransferWise says it is now processing £500 million a month on its platform, saving customers some £22 million in fees compared to equivalent bank rates.
Temenos delivers T24 Cloud Islamic in Africa
- 10 years 2 months ago
- Islamic Finance
Move enables banks to grasp the US$2 trillion Islamic banking market opportunity through new lower cost cloud access to Temenos’ long-established T24 Islamic banking solution. Temenos (SIX: TEMN), the market leading provider of mission-critical solutions to the financial services industry, today announces that its specialist T24 Islamic core-banking solution is now available as a cloud-based service, ‘T24 Cloud Islamic’, delivering access to... more
NCR expands into APAC region with the opening of its Service Operations Centre
- 10 years 2 months ago
- Retail Banking
NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, today announced the opening of a new Services Operation Centre in Kuala Lumpur, Malaysia.
KBC Will Introduce Online Direct Debit Mandates
- 10 years 2 months ago
- Wholesale Banking
From June 6, the business customers of KBC will be able to handle their European B2B direct debit mandates fully electronically.
Eeach Year UK Banking Customers Receive Nearly 40,000 Tons Of Paper From Banks
- 10 years 2 months ago
- Banking
UK banking customers receive almost 40,000 (39,899) tons of paper communications from their banks every year, new research has found. Digital financial services software provider Intelligent Environments has found that customers are sent more than 1.2 billion (1,276,776,000) paper communications from their bank each year, including letters and statements. If all letters were stacked up, the pile would reach the equivalent of 6,200 times the... more
Fintellix to Demonstrate Advanced ALLL Management Product at the 2015 ABA CFO Exchange, Nashville, TN
- 10 years 2 months ago
- Banking
Fintellix will be sponsoring this year’s annual American Bankers Association CFO Exchange. Scheduled to be held from June 8 – 10 at the Hilton Downtown in Nashville, Tennessee the conference will educate community bank CFOs about accounting rules, economic trends, financial metrics, portfolio management, and more.
