Klarna Launches Financial Management Content Hub to Support Consumers
- 7 years 5 months ago
- Payments, Banking, Infrastructure
Over half (52%) of 18-27 year olds feel they’re more financially savvy than their generation is perceived to be – with 65% planning their finances and making provisions to save for the future, according to new research from leading payments provider Klarna.
FICO Survey: 3 in 4 APAC Banks Believe Fraud Will Increase in 2019
Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Of specific concern are transactions completed when neither the card nor the cardholder is physically present (card-not-present or CNP fraud), as well as cards taken out by criminals under false identities (application fraud). These were identified as the two key concerns, as well as the biggest fraud... more
iNBOTiQA Unveils Machine Learning Intelligent Business Email Solution for Banks
- 7 years 5 months ago
- Machine Learning, Banking
iNBOTiQA, the Intelligent Business Email platform that transforms how the leading business communication channel is used, unveils machine learning and big data analytics to further revolutionise the way companies take control and realise the true potential of their inboxes. New AI capabilities will further help corporates unlock the power of their inboxes
NatWest Bank announces a new biometric payment approval feature
- 7 years 5 months ago
- Banking, Authentication Technology
NatWest has today announced the launch of a new biometric payment approval feature, which allows business and commercial banking customers to make payments of any size through their Bankline Mobile app using Face ID or Touch ID, without the need for a card reader – a UK banking first. The new feature also allows businesses to authorise multiple users to setup payments, which business owners can then subsequently approve on the go through their... more
BS/2 Awarded for Achievements in Uzbekistan
- 7 years 5 months ago
- Banking
The banking technologies company Penkių kontinentų bankinės technologijos (BS/2) of Penki Kontinentai Group received an exceptional award from the world leader of the banking and trade equipment Diebold Nixdorf for successful business development in Uzbekistan.
Temenos recognizes partners in ‘Best in Banking Awards’ at Temenos Community Forum 2019
- 7 years 5 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced the winners of this year’s Temenos Partner Awards at its annual flagship event, Temenos Community Forum. These awards recognize the contribution that Temenos' partners bring to the Temenos community, and their commitment to building a better future in banking.
SWIFT report gives new insights into cyber threats
SWIFT today publishes a new cyber report, ‘Three years on from Bangladesh: tackling the adversaries’, providing new insights into the evolving nature of the cyber threats facing the global financial community. Key findings show that: · Four out of every five of all fraudulent transactions were issued to Beneficiary accounts in South East Asia1[1]
Fiserv Survey Shows Digital Services Key to Customer Loyalty
- 7 years 5 months ago
- Banking
Banks and building societies that are not delivering a user-friendly digital banking experience are at risk of losing customers, most of whom expect digital channels to become more important in how they manage their finances. According to findings from a new survey of 1,000 U.K. bank and building society customers conducted on behalf of Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, customers... more
Gregory Pennington embeds Open Banking solution to automate annual customer review process
- 7 years 5 months ago
- Banking
Gregory Pennington, one of the UK's largest and longest established debt management companies, has integrated an Open Banking solution, provided by Equifax in partnership with AccountScore, into its annual customer review process. The technology automates an often onerous operation for customers, saving time and inconvenience, as well as significantly reducing Gregory Pennington’s operational costs.
Identitii and Trace Financial Simplify ISO 20022 Migration for SWIFT Member Banks Globally
- 7 years 5 months ago
- Banking
Identitii Limited (Identitii, Company) (ASX: ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a private blockchain, has partnered with leading message transformation software provider Trace Financial Limited (Trace Financial).
Saxo Bank and Brown Advisory collaborate to offer a portfolio of ethical stocks to SaxoSelect clients
- 7 years 5 months ago
- Investment, Banking
Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, and Brown Advisory, a leading global investment manager with a long history in sustainable investing, announced a cooperation to launch a new digital investment portfolio, Ethical Selection in the SaxoSelect universe.
NatWest Offers Revamped Business Credit Card Free for First Year
- 7 years 5 months ago
- Banking
NatWest has today announced the relaunch of its Business credit card aimed at start ups and smaller SMEs, with the bank now offering the card free of charge for the first year, to all new customers. The lender has also reduced the ongoing annual fee on the NatWest Business card to £30 a year after the first year, which it will waive for customers that spend over £6,000 on the card annually. The cash withdrawal rate has been lowered and aligned... more
Temenos honors customers in ‘Best in Banking Awards’ at Temenos Community Forum 2019
- 7 years 6 months ago
- Banking, IT Innovations
Temenos (SIX: TEMN), the banking software company, today announced the winners of this year’s customer awards. The awards recognize Temenos clients for best practice, achievements and a demonstration of excellence, innovation and a vision for the future of banking.
CBA Sees Surge in Contactless Payment Transactions Following Apple Pay Roll Out
CBA has seen contactless payment transactions linked to a debit or credit Mastercard almost triple, since the introduction of Apple Pay earlier this year. In over 90 per cent of purchases contactless is now preferred, and the popularity of Tap & Pay methods continues to rise compared with other payment options. “The popularity growth among consumers is also changing the way businesses make and receive payments, with more choosing to go... more
Three Finnish Banks Select Temenos to Underpin Digital Transformations
- 7 years 6 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that three Finnish banks contract wins – Savings Banks Group, Oma Savings Bank Plc and POP Bank Group – they have selected Temenos T24 Transact and Temenos Payments Hub (TPH) to underpin their digital transformations. Their new shared digital core banking platform will be implemented and managed by Cognizant, one of the world's leading professional services companies, through... more
