Money20/20 Asia announces highly anticipated keynote line-up ahead of inaugural March event
- 7 years 5 months ago
- Payments, Banking, FinTech StartUps, IT Innovations
Money20/20 Asia will bring together top global FinTech leaders in Singapore – from Ant Financial, GO-JEK, Ping An Group, ICICI Bank, Tencent and DBS Bank to Adyen, Google, Stripe, PayPal, Samsung Pay and many more – to create the future of money. Singapore, 31 January 2018 – Money20/20, the world’s leading FinTech and Payments event, is just 6 weeks from the launch of its APAC edition, taking place in Singapore at the Marina Bay Sands Expo... more
Absa goes live with Finastra PAYplus for CLS
- 7 years 5 months ago
- Banking
Finastra today announced that Absa Bank Limited is using its PAYplus for CLS platform to support the bank’s direct participation in CLS settlement, which provides continuous linked settlement services for the global foreign exchange market. Direct membership will allow Absa to benefit from improved efficiencies and increased liquidity in supporting its foreign exchange trading operations and in extending third party settlement services to new... more
Wells Fargo Adds AI enhancements to App
- 7 years 5 months ago
- Artificial Intelligence, Banking
Today Wells Fargo & Company announced that mobile banking deposit customers nationwide now have access to a predictive banking feature that analyzes account information, providing mobile app users with tailored account insights and personalized financial guidance. The feature is the latest in a series of innovations aimed at providing customers a more comprehensive view of their finances, and increased control to advance their financial... more
Intellect Reveals Digital Debt Management System
Intellect Design Arena Ltd, a specialist in applying true Digital Technologies and a global leader in Financial Technology across Banking and Insurance, announced today the launch of Digital Debt Management system, IDM 18, a contemporary technology solution that can help banks and NBFIs in dramatically improving their recoveries, and reduce the stress on their financial assets.
Trustbank Amanah Uses iMAL Islamic Core Banking Platform to Power Suriname’s first Islamic bank
- 7 years 5 months ago
- Banking
Path Solutions, a leading global Islamic core banking software, consulting and services organization, announced today that Trustbank Suriname, now Trustbank Amanah, has gone live on iMAL Islamic core banking platform with the successful transition of the bank from conventional to Islamic banking business model, a major milestone in the South American banking system as large banks in South America are tipped to tap into growing Sharia-compliant... more
Expansion by IADs Outpaces Bank ATM Growth in Major Markets
- 7 years 6 months ago
- Banking
Growth in independent ATM estates and sharing agreements as banks seek cost efficiencies and consolidate their ATM channels Banks rationalise their ATM networks RBR’s Global ATM Market and Forecasts to 2022 report shows that independent ATM deployers (IADs) accounted for one in six ATMs worldwide at the end of 2016. Five markets – the USA, Japan, South Korea, Canada and the UK – are home to over 80% of the world’s IAD terminals, and with the... more
Trustbank Amanah uses iMAL Islamic core banking platform to power Suriname’s first Islamic bank
- 7 years 6 months ago
- Islamic Finance
Path Solutions, a leading global Islamic core banking software, consulting and services organization, announced today that Trustbank Suriname, now Trustbank Amanah, has gone live on iMAL Islamic core banking platform with the successful transition of the bank from conventional to Islamic banking business model, a major milestone in the South American banking system as large banks in South America are tipped to tap into growing Sharia-compliant... more
Avaloq recognised as a Leader in 2018 NelsonHall Evaluation & Assessment Tool for Wealth and Asset Management
- 7 years 6 months ago
- Transaction Banking, Banking, Core Banking, Online Banking
The Avaloq group, the international fintech company and leader in the development and operation of core and digital banking software, has been recognised by NelsonHall as a Leader in its 2018 Wealth and Asset Management NEAT (NelsonHall Evaluation Assessment Tool).* NelsonHall, the leading global IT and business services analyst firm, has recognised Avaloq as a leading vendor in its Wealth and Asset Management NEAT to support customers’... more
PrePay Solutions Cracks Open New Partnership with Challenger Bank Coconut
- 7 years 6 months ago
- Banking, Infrastructure
PrePay Solutions (PPS), Europe’s leading prepaid and digital banking specialist, has partnered with new business bank account provider, Coconut, to enable the delivery of an app-based account that uniquely manages tax and expenses for freelancers and self-employed people.
Flux extends Starling partnership to offer digitised loyalty rewards
- 7 years 6 months ago
- Banking, Infrastructure
Flux, reinventor of the receipt for the 21st Century, today becomes the first partner to integrate digitised loyalty rewards directly into Starling Bank’s mobile app. This integration marks the second stage in a successful partnership between Flux and Starling which last September unveiled real-time digital itemised receipts for customers of the UK’s leading challenger bank.
ACI Worldwide: Act Now to Be Ready for Real-Time in Europe
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, will showcase itsUP Real-Time Payments solution at the #TIPsapp Challenge Event at the European Central Bank in Fran
Core Banking Provider Ohpen raises €25 Million Series C Financing for International Expansion to third Country
- 7 years 6 months ago
- Banking, Core Banking
The world’s only cloud-based SaaS core banking provider Ohpen has successfully closed a €25 million Series C investment round, with private equity firm Amerborgh. Ohpen will use these funds to further fuel growth and expand into a third country, where it will enable financial services companies to digitalise their services and migrate their customer accounts into the cloud.
Berlin's Penta Raises a €2.2 Million Seed Round to Become the Default Bank Account for Businesses in Germany
- 7 years 6 months ago
- Banking
Berlin based Penta, a challenger bank for startups and businesses has raised a €2.2 million seed round one month after launching in Germany as its customer growth has gained pace. The thriving FinTech is also announcing the end of its waitlist, which allows German businesses to open a business bank account with Penta today.
Pilatus Bank Chairman Discusses Whether FinTech is the Ultimate Solution to our Everyday Banking Needs
- 7 years 6 months ago
- Banking
We are living amid a constantly evolving digital landscape. FinTech startups and challenger banks are continuously launching new advanced digital products on the market. Consumers, being blown away by flashy technologies, demand for their banks to reinvent themselves to stay current with other progressive industries. Not surprisingly, the traditional retail banks have a hard time keeping up given their recent branch closures and staff reductions.
Vaultbank Announces Decentralized Investment Exchange for Security and Utility Token Trading
- 7 years 6 months ago
- Banking
Vaultbank (www.vaultbank.io), and its technologically advanced and inno
