Open banking is the future of European banking according to new report by the Economist Intelligence Unit released by Temenos
- 7 years 1 month ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that it has published the European results for its retail banking survey, conducted by the Economist Intelligence Unit (EIU), “A Whole New World: How technology is driving the evolution of intelligent banking in Europe”.
Changes in Group Executive Management of Nordea Bank Abp
- 7 years 1 month ago
- Banking
After a successful re-domiciliation to the European banking union and important efforts in the areas of risk and compliance, Nordea has entered a new phase, focusing further on customer centricity, improved efficiency and development in regulatory matters. As part of this new phase, Nordea will rationalise its governance and senior leadership structure and remove the combined Deputy CEO and Group COO roles. The final governance and senior... more
Why The People’s Bank of Zanzibar Chose ICSFS
PBZ serves a wide range of business, corporate and institutional clients comprising Government and government agencies, all types of companies, societies, clubs, associations, NGOs, United Nation boards, Diplomatic Missions as well as individuals. We offer current accounts in both local currency (Tanzanian Shillings) and in foreign currencies (Sterling Pounds (GBP), Euro and US Dollar).
Salt Edge integrates with 400+ open banking APIs
As more and more banks open their APIs before the September 14 deadline, Salt Edge has added another one hundred to the list of its connected open banking APIs in the EU, making it 400+ integrations.
Changes in the Board of Managing Directors of Commerzbank AG
- 7 years 1 month ago
- Banking
Commerzbank’s Chief Financial Officer, Stephan Engels, has informed the Chairman of the Supervisory Board that he is committed to fulfill his contract, which runs until April 2020, but that he would decline a potential offer to extend it.
The Board of Directors of Nordea Bank Abp has appointed Frank Vang-Jensen as new President and Group CEO
- 7 years 1 month ago
- Banking, People Moves
Frank Vang-Jensen is currently Head of Personal Banking for the Group and a member of Group Executive Management (GEM).
five°degrees and Entersekt partner for a new banking approach
- 7 years 1 month ago
- Banking
Digital core banking provider five°degrees today announces a partnership with Entersekt, an innovator in mobile-first fintech solutions. The agreement makes Entersekt’s state-of-the-art digital channel security platform available on five°degrees’ Open Banking Marketplace, which boosts collaboration between banks and technology companies for streamlined digital customer experiences, improved efficiencies, and trouble-free compliance.
Finastra strengthens APAC team with Wissam Khoury as new head
- 7 years 2 months ago
- Banking, People Moves
Finastra has appointed Wissam Khoury to lead its Asia Pacific (APAC) business.
Bitwala Launches Bitcoin Banking App
- 7 years 2 months ago
- Bitcoins, Cryptocurrencies, Banking
For the first time, mobile users can open a German bank account with an integrated bitcoin wallet and trading on their smartphone within minutes. Bitwala, Germany’s cryptocurrency flagship, makes this possible with the launch of its new Bitcoin banking app for iOS and Android. What is more, the account opening process is reduced to just a few minutes. It was never safer, easier, and faster to manage Bitcoin.
MHB-Bank becomes Raisin Bank – Focus on Banking-as-a-Service for Fintechs
- 7 years 2 months ago
- Banking, Retail Banking
The Berlin-based fintech Raisin continues to expand. Following the successful conclusion of ownership control procedures by Germany’s Federal Financial Supervisory Authority (known as BaFin), Raisin has taken over MHB-Bank as sole owner, thus becoming the first fintech in Germany to buy a bank. Since Raisin launched in 2013, the Frankfurt-based bank has been Raisin’s servicing bank in Germany and Austria. From this business partnership a close... more
Temenos acquires Kony, the US #1 digital banking SaaS company
Temenos (SIX: TEMN), the banking software company, today announced it is strengthening its Executive Committee and North America leadership team, following its previously announced acquisition of Kony, Inc., the fast growing US #1 digital banking SaaS company. Thomas E. Hogan, Chairman and CEO of Kony, will be appointed as the President of Temenos North America and a member of the Temenos Executive Committee. This appointment will become... more
Lending specialist B-North appoints British Business Bank founding Chair
- 7 years 2 months ago
- Banking, P2P Lending
B-North, the Manchester-based firm building an SME lending bank for the UK, has announced the appointment of Ron Emerson CBE as its Chairman, effective from 16 September. Ron was the founding Chairman of the British Business Bank (BBB), the UK government's economic development bank aimed at improving access to finance for the small and mid-sized business sector.
Oromia Bank Goes Live with Upgraded Solution
- 7 years 2 months ago
- Banking, Islamic Finance
Oromia International Bank, a decade-old private commercial bank, has gone live with an advanced core banking solution. ICS Financial System (ICSFS), a company from the United Kingdom, developed the system that works for interest-free, corporate internet, retail and mobile banking services. The system was fully implemented last month after the duo signed the agreement two years ago. ICSFS secured the project after vying with seven other companies... more
Founder and current CEO, Steve Kirsch, to assume Chief Innovation Officer role
- 7 years 2 months ago
- Platform Technology, Banking
Leading open banking platform provider, Token.io, today announces the appointment of Todd Clyde to the position of CEO, effective immediately. Token’s Founder and current CEO, Steve Kirsch, assumes the role of Chief Innovation Officer and retains his position on Token’s Board. Todd assumes the leadership role following three successful years as Token’s COO.
Nomanini raises $4m in funding round led by Standard Bank
- 7 years 2 months ago
- Platform Technology, Banking
Nomanini, the pioneering fintech platform for the informal retail ecosystem, has today announced a $4m funding round led by Standard Bank, Africa’s largest bank, and completed by Goodwell Investments, an Amsterdam-based investment firm focused on fintech and financial inclusion.
