Bank Assafa goes live with iMAL to drive operational efficiency and superior customer experience
- 5 years 3 months ago
- Banking, Islamic Finance
Path Solutions, the global Islamic banking software provider, today announced that Bank Assafa has gone live with the latest version of iMAL in its headquarters in Casablanca as part of its strategy to bring cutting-edge Islamic banking services to its new customer base.
UnionBank Inks Talent Development Program with SMU
- 5 years 3 months ago
- Banking
Union Bank of the Philippines (UnionBank) and the Singapore Management University (SMU) -- one of Asia's premier universities - recently inked an agreement to further develop the potential of SMU's brightest and most entrepreneurial students by learning from UnionBankers. Under the partnership, up to 10 pre-screened SMU students with mixed expertise will be exposed to various projects of UnionBank for 12 weeks to co-create the development of... more
FCA Probes Sterling Spike Ahead of UK Interest Rate Decision
The Bank of England has referred to the UK markets watchdog a spike in sterling that happened just seconds before the central bank announced that it would leave its key interest rate unchanged. The Financial Conduct Authority, whose job it is to detect market abuse, is now scrutinising the matter, according to both the central bank and the watchdog.
Deutsche Bank Bosses In Line For €13m Bonus Despite Fifth Annual Loss
- 5 years 3 months ago
- Banking
Deutsche Bank bosses will still be taking home a bonus this year despite the bank slumping to a bigger than expected €5.7bn (£4.8bn) annual loss. The bank's management board are due to share a €13m "group level" bonus this year even though they surrendered roughly half their variable pay by not accepting individual rewards based on personal targets, sources said. The decision, first reported by Handelsblatt, came as the lender unveiled a... more
Banca Comerciala Romana launched the instant payment service with support from Allevo
Banca Comerciala Romana (BCR) has joined the Instant Payments service offered by TransFond, with Allevo support. The service ensures the transfer of money between banks in less than 10 seconds, the maximum accepted value of a payment being 50,000 romanian lei. Such payment can be made at any time (24/7/365) between the clients of the banks participating in the Instant Payments service.
Blockchain.com Launches Full Banking Integration for Turkish Lira
- 5 years 3 months ago
- Banking
Blockchain.com, the leading provider of cryptocurrency products including the world’s most popular crypto wallet, has launched a full banking integration for Turkish Lira (TRY) to create a native payment gateway for users to deposit and withdraw Lira on the Blockchain.com Exchange. Turkish users can now go from account creation to buying crypto in as little as five minutes, without having to use a third-party payment processor.
Temenos and Google Cloud Announce Global Strategic Partnership to Accelerate Banks’ Digital Transformation in the Cloud
- 5 years 3 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, and Google Cloud today announced a global, strategic partnership to help financial services organizations run mission-critical banking software and applications on Google Cloud, create profitable business models, and improve and differentiate their customer experiences.
Penta Offers Founder Package For Easy Company Creation
- 5 years 3 months ago
- Wholesale Banking
German business banking platform Penta has opened a one-stop shop for entrepreneurs to get their business propositions off the ground, co-operating with legal network Jurpartner to put together a full set of documents, checklists and guidelines for a fast company launch.
Al Khaleej Bank signs for iMAL Islamic core banking platform
- 5 years 3 months ago
- Core Banking, Islamic Finance
Path Solutions, a worldwide provider of Sharia-compliant financial technology solutions, has announced that it signed Al Khaleej Bank in Sudan to its core banking platform.
Apple Pay Coming to Curve Customers Across Europe
Curve, the Over-The-Top banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, today brings its customers Apple Pay, which is transforming payments with an easy, secure and private way to pay. With Apple Pay on iPhone, Apple Watch, iPad and Mac, customers can make fast and convenient purchases in stores, in apps and on websites.
Andigo Credit Union Offers Award-Winning Financial Literacy Program Free for Local Classrooms
Local high school students are getting a free education in how to manage their money. Andigo Credit Union is working with Banzai, a national award-winning financial literacy program, to make curriculum available to seven Cook and DuPage County high schools, completely free.
The Housing Bank for Trade & Finance – Bahrain to Complete 2-weeks Assessment and Training Sessions on ICS BANKS’ latest features
- 5 years 3 months ago
- Banking, Islamic Finance
ICSFS conducted a two-week intensive assessment and training sessions that were held at the Housing Bank for Trade and Finance (HBTF) in Manama, Bahrain. The assessment and training attendees were from HBTF senior executives, where the program covered the latest features of ICS BANKS Core Banking including front and back office branch operations services, Remittances, Credit Facility & Risk Management, Trade Finance, latest Lending products... more
New industry research finds AI, robotics and automation will be central to the future of financial services
- 5 years 3 months ago
- Banking
A majority (55%) of banking and wealth management professionals view Artificial Intelligence (AI), robotics and automation as the most significant developments that will shape the future of the global financial services industry. According to new industry research1 by Swiss fintech Avaloq, additional key developments include the increasing use of more open and collaborative platforms (cited by 34%), and the rise of distributed ledger... more
Fintech company Ohpen enters pension market through partnership with TKP
- 5 years 3 months ago
- Banking, Core Banking
Today, TKP Pensioen and core-banking provider Ohpen announce their cooperation in the DC pensions sector. With this move, the pension administrator is looking to realise its ambitions in this area, while for Ohpen the partnership will allow it to enter the pensions market. Both parties expect a great deal from this win-win situation.
Temenos MarketPlace and Codat bring accounting integration for banks
- 5 years 3 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announces that Codat has joined Temenos MarketPlace. Codat provides a universal API which connects to the most widely used business accounting platforms. Through Temenos MarketPlace, Temenos’ platform for connecting banks with the best in complementary fintech solutions, the company will provide pre-integrated access between banks and their Small and Medium-Sized Enterprise (SME) clients’... more
