VERMEG AgileREPORTER mentioned Best Regulatory Reporting Management Solution
VERMEG, the global banking, insurance and digital transformation leader announces that AgileREPORTER has been awarded Best Regulatory Reporting Management Solution at the Grant Thornton UK LLP RegTech Index launch. The RegTech Index is designed to assist discerning firms achieve an immediate short-list of solutions that are not only best in class regulatory technology in themselves, but that are also provided by a vendor with a track record of... more
SABB the first bank in the Middle East, North Africa & Turkey to go live with SWIFT gpi for Corporates
The Saudi British Bank (SABB), one of Saudi Arabia’s leading financial institutions, and SWIFT, global member owned cooperative and the world’s leading provider of secure financial messaging services announce today that SABB is the first bank in the Middle East, North Africa and Turkey (MENAT) region to go live with SWIFT gpi for Corporates service (g4c). As part of the early adopters for g4c program, SABB and one of the leading global... more
Link Arranges ATM Delivery Fund
- 5 years 7 months ago
- Banking
UK ATM network Link has set up a £1 million fund from which cash-starved communities can draw in order to install a free cash machine. Consumers can tap he Community Access to Cash Delivery Fund through their MP, local council, or directly from Link, assuming the community meets the qualifying criteria, which includes distance to nearest free ATM, availability of a Post Office, site security and a suitable location. The move comes amid... more
Bank Jobs to be Decimated in the Next Ten Years
- 5 years 7 months ago
- Banking
Analysts at Wells Fargo are forecasting that up to ten percent of bank jobs in the US will be wiped out by ongoing technological progress in the next ten years.
Refinitiv launches Matching service in Vietnam to create first electronic Marketplace for VND FX trading
- 5 years 7 months ago
- Wholesale Banking
Refinitiv today announced it has launched its leading global electronic trading Matching service in Vietnam, as emerging markets in the Asia region continue to develop their financial markets and digitize FX trading capabilities. The launch represents Vietnam’s first electronic marketplace for the trading of VND. Matching trades on a T+1 basis which is the most commonly traded value date.
Finastra launches Fusion Mortgagebot Data Insights to help financial institutions optimize their mortgage business
Finastra has launched Fusion Mortgagebot Data Insights – a powerful new tool that benchmarks mortgage borrower behavior and demographics for banks and credit unions against that of more than 1,400 other Fusion MortgagebotPOS users.
Backbase opens Dubai office to accelerate Digital-First Banking in the Middle East region.
- 5 years 7 months ago
- Banking
Amsterdam-based software provider, Backbase has increased its global presence by opening an office in Dubai, which will be run by Matthijs Eijpe, Regional Sales Director EMEA at the company.
Mastercard Launches Threat Scan to Assess Bank Fraud Exposure
Mastercard today announced Threat Scan, a unique global service that helps banks proactively identify potential vulnerabilities in their authorization systems. The service was showcased this week at the Mastercard Cybersecurity Summit in Croatia.
NatWest announces tech partnership with Microsoft and DreamQuark to simulate future market outcomes
- 5 years 7 months ago
- Artificial Intelligence, Banking
NatWest has today announced a collaboration with Microsoft, and Artificial Intelligence specialist DreamQuark, in developing Next Generation Complex Analytics. The work will allow the bank to simulate behaviours of different environments such as financial markets or transport networks, processing it into meaningful patterns and insights that help to accurately predict future outcomes.
DUCA Financial Services Credit Union Builds Member Relationships on Fiserv Technology
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that DUCA Financial Services Credit Union Ltd. (DUCA), based in Toronto, has selected Fiserv for core account processing to
Al Rayan Bank appoints new head of IT
- 5 years 7 months ago
- Banking, People Moves
Al Rayan Bank has announced the appointment of Peter Wren as its new Head of IT. The position will be based at the UK’s largest Islamic bank’s Operational Headquarters in Birmingham. Peter brings with him over 20 years’ experience working in IT roles for companies in the financial services and pharmaceutical sectors. He was most recently programme director at Birmingham-based financial mutual society, Wesleyan, where he was responsible for... more
Sweden’s First Neobank P.F.C. Selects Mambu
- 5 years 7 months ago
- Banking
P.F.C. (Personal Finance Co.), the Stockholm-based neobank, today announced that it has gone live on Mambu’s leading SaaS banking engine. Ten months after the initial launch, P.F.C. sustains a monthly growth rate of 35% and has rapidly gained a foothold in Sweden’s competitive fintech market. The partnership helps P.F.C. accelerate the deployment of its innovative features and products aimed at simplifying everyday financial use.
PayPal Joins Belgium's KBC Mobile Account Aggregation Package
- 5 years 7 months ago
- Banking
Belgium's KBC has added PayPal balances and transactional information to its mobile bank account aggregation app. The inclusion of PayPal, alongside Argenta, Belfius, BNP Paribas Fortis and ING, reflects the great strides the company has made in insinuating itself into people's everyday shopping and payments habits. KBC says the move to add PayPal followed a consultation with customers in which one-third of users said they would like to check... more
Unionbank’s API Marketplace Encourages Philippine Fintechs To Go Global
- 5 years 7 months ago
- Banking
UnionBank of the Philippines' (UnionBank) globally-awarded API Marketplace is enabling fintechs to scale growth through co-creation and reaching a wider audience for their APIs. It is one of the largest in Asia with over 200 open APIs, and a regional network with connectivity to the ASEAN Financial Innovation Network (AFIN) and its API Exchange -- an initiative by the International Finance Corporation (IFC) and the Monetary Authority of... more
Centier Bank Goes Live with NYMBUS to Launch Billinero™
- 5 years 7 months ago
- Banking
NYMBUS®, a provider of the world’s most advanced financial services platform, today announced
