Sygnum Bank launches digital CHF token
- 5 years 2 months ago
- Banking
Sygnum Bank announced the launch of its digital CHF token (DCHF). This CHF-pegged settlement token is the first to be issued by a regulated Swiss bank with a full digital asset banking suite Sygnum’s DCHF is a key component for leveraging the advantages of DLT-based financial infrastructure, including immediate delivery vs payment (T=0) and no counterparty risk, thereby transferring value more efficiently The settlement token framework and... more
ABN AMRO extends support measures for businesses affected by coronavirus
- 5 years 2 months ago
- Banking
Last week ABN AMRO announced that, for Commercial Banking clients with a credit facility of up to 2.5 million euros, payment of principal and interest will be deferred for six months. Today ABN AMRO is extending this measure to Commercial Banking clients with a credit facility with a principal and/or a limit of up to 50 million euros.
Temenos Offers Customers Free Access to its Digital Learning Platform During the COVID-19 Crisis
- 5 years 2 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced a free digital learning initiative, opening access to the Temenos Learning Community Online, its cloud-based digital learning platform, to help its customers make best use of Temenos software as they respond to the challenges posed by the coronavirus pandemic.
CaixaBank will cancel rent payments on the homes it owns during the state of alert
- 5 years 2 months ago
- Banking
CaixaBank, headed by Chairman Jordi Gual and Chief Executive Officer Gonzalo Gortázar, continues to help its customers and, as of April this year, will offer rental payment holiday to the eligible tenants of the homes owned by its subsidiary BuildingCenter. This measure will be in force until such time when the government declares the end of the state of alert, including any extension.
Revolut Business: 63% of SMEs haven’t switched business account provider in five or more years
- 5 years 2 months ago
- Banking
Revolut Business, an innovative global business account built for growth, speed, ease and security, today released the findings of its “2020 Vision: Taking a closer look at antiquated banking practices” report.
Revolut launches its Financial Super App in the United States
- 5 years 2 months ago
- Banking
Revolut, the fast growing fintech with more than 10 million customers in the UK and Europe, has today launched its Financial Super App and debit card in the United States. Since hinting at a launch last year, Revolut has already attracted tens of thousands of U.S. customers.
TSB unveils support for SME suppliers and customers during Coronavirus outbreak and beyond
- 5 years 2 months ago
- Retail Banking
TSB announced it will ensure that all of its smallest suppliers will be paid within just 10 days of invoicing the bank. The move will apply to all companies that supply goods and services to the bank, even if the contract allows it to pay over a longer period.
Path Solutions selected as a strategic technology solutions partner of MyBank Limited Somalia
- 5 years 2 months ago
- Banking, Islamic Finance
Path Solutions announced today that it had signed up MyBank Ltd., its second banking client for iMAL in Somalia, and indicated a stronger focus on the Somali market for Sharia-compliant software solutions and services to tackle financial exclusion in the country.
MatchMove partners with OpenPayd in bid for Digital Full Bank License in Singapore
- 5 years 2 months ago
- Banking
MatchMove, one of the pioneer Singapore headquartered fintech companies offering a ‘Banking-as-a-Service’ platform, today confirmed that it has submitted an application for a Digital Full Bank License (“DFBL”) to the Monetary Authority of Singapore (“MAS”). In many ways, MatchMove is already acting like a digital bank. With the innovative Wallet-as-a-Service platform and the full Spend.Send.Lend™ suite, MatchMove today manages the end to end... more
Temenos Wins ‘Technology Provider of the Year’ at 2020 FStech Awards
- 5 years 2 months ago
- Banking
Temenos, the banking software company, today announced it has been awarded ‘Technology Provider of the Year’ at the 20th annual FStech Awards. Temenos’ commitment to innovation and growing global footprint impressed judges from key financial institutions, including Nationwide and Deutsche Bank.
Digital banking for BBVA’s international corporate clients, refreshed with more and improved features
- 5 years 2 months ago
- Banking
With a newly updated version of Global Net Cash, BBVA takes another step forward in the digital transformation of banking for global businesses and institutions. In the current context, BBVA recommends more than ever the use of digital channels and joins the challenge #iwillstayathome.
Emirates NBD COVID-19 Coronavirus Precautionary Measures
Given the developing situation around the Coronavirus – COVID-19 outbreak, the safety and wellbeing of our customers, our employees and the community, remains our top priority, as we put our Bank-wide precautionary measures into action. In accordance with the UAE government directives, and following global guidelines, Emirates NBD has rolled out its proactive business resilience and continuity plan. The precautionary measures we have implemented... more
Daon To Deliver Onboarding and Mobile Biometric Authentication to TONIK Digital Bank
- 5 years 2 months ago
- Banking, Authentication Technology
Daon, a global leader in biometric identity technology, today announced that it will deliver onboarding and mobile biometric authentication solutions to TONIK Digital Bank Inc (TONIK), the first digital-only bank in Southeast Asia.
Absa Regional Operations Selects KAI to Deliver Groundbreaking Digital Experiences to its Customers across Africa
- 5 years 3 months ago
- Artificial Intelligence, Banking
Kasisto, creators of KAI, the leading digital experience platform for the financial services industry and Blue Turtle Technologies (Blue Turtle), South Africa’s leading enterprise technology partner, have announced that Absa Group Limited’s subsidiaries outside of South Africa, collectively known as Absa Regional Operations (ARO), have selected and deployed KAI, Africa’s first Conversational AI powered virtual banking assistant.
Businesses can now apply for a Monzo Business Account
- 5 years 3 months ago
- Banking, IT Innovations
Monzo has announced today that it is launching free and premium business accounts. From today, businesses can apply for a Monzo Business Account for £5 per month or a Business Lite account with no monthly fee. Both Monzo accounts are full UK current accounts and it's regulated by all the same rules as high street banks. Furthermore, eligible deposits in Monzo are FSCS protected up to £85,000.
