Basel Committee:To- big-to-fail banks rapped for lax risk practices
- 8 years 2 months ago
- Banking
Today the Basel Committee on Banking Supervision unveiled its latest progress report on banks' implementation of the Principles for effective risk data aggregation and reporting.
Valley National Bank Taps nCino to Streamline Commercial Lending
- 8 years 2 months ago
- Banking
nCino, the worldwide leader in cloud banking, today announced that $23 billion-asset Valley National Bank has selected its Bank Operating System to boost efficiency and enhance communication across the commercial loan process.
Aspect Software Becomes a Service Provider Member of the GSMA
- 8 years 2 months ago
- Mobile Banking, Security, Fraud Detection
Aspect Software has strengthened its commitment to its work in banking fraud prevention and mobile banking, by becoming a service provider member of the GSMA.
MoneyOnMobile Partners with Indian Electricity Supplier for Mobile Billing Deal
- 8 years 2 months ago
- Mobile Banking
Today MoneyOnMobile, Inc. (MOMT) reported a Bill Collection Agreement with BSES Yamuna Power Limited, to provide its 1.50 million customers the opportunity to pay their electricity bills through any of MoneyOnMobile's 330,000 retail outlets or through MoneyOnMobile's mobile wallet app.
Fiserv announces online and mobile tech wins
- 8 years 2 months ago
- Online Banking
Today Fiserv, Inc., a global provider of financial services technology solutions, reported that in 2016 nearly 30 banks and credit unions chose the ASP versions of Corillian Online and Mobiliti to meet the digital banking needs of their customers. These integrated online and mobile banking platforms combine robust functionality with a simplified user experience, making it easy for users to manage their finances where, when and how they want.
Rothschild Bank AG Taps Finantix Digital Engines
- 8 years 2 months ago
- Banking, Infrastructure
Finantix, an established provider of sales and advisory software for financial services, announced today that Rothschild Bank AG has chosen Finantix to support its growing advisory business. The Finantix digital suite of components and engines will empower Rothschild Bank AG’s client advisers in their daily activities, support regulatory compliance of the advisory process and enhance digital client collaboration.
Avaloq Completes Migration of Axion Swiss Bank
- 8 years 2 months ago
- Banking
The Avaloq group, an international fintech company and leader in integrated and comprehensive banking solutions, has successfully completed the migration of Axion Swiss Bank to its business process outsourcing setup (BPO setup) based on the Avaloq Banking Suite. In September 2016, the specialised asset manager signed a long-term contract with Avaloq for full BPO services.
Capgemini Chosen Star Performer of the Year for Overall IT and BFSI Services
- 8 years 2 months ago
- Banking, IT Innovations
Capgemini, a global leader in consulting, technology and outsourcing services, announced today that it was named Star Performer of the Year both for Overall IT Services as well as Banking, Financial Services and Insurance (BFSI) Services in Eve
Malauzai Selects Touch ID Technology for Android Users
- 8 years 2 months ago
- Mobile Banking
Malauzai Software, a provider of mobile and Internet banking SmartApps® for community financial institutions, today announced that it will be launching the Fingerprint Authentication and Touch ID technology for Android 7.0 users this year. With this functionality, customers and members can use the fingerprint authentication to manage their finances by simply utilizing the physical sensor supported by the Android Fingerprint API.
PyraMax Ban Taps Fiserv as Technology Partner
- 8 years 2 months ago
- Banking, Retail Banking
Fiserv, Inc., a leading global provider of financial services technology solutions, announced today that PyraMax Bank, a mutual savings bank based in Greenfield, Wisconsin, has selected Fiserv as a technology partner to help the bank modernize its retail banking operations, create a frictionless customer experience and drive the growth of commercial loans and deposits.
Brits Vote: Biometrics Is More Preferable to Passwords
- 8 years 2 months ago
- Mobile Banking, Security, Authentication Technology
Research from Equifax, the consumer and business insights expert, shows that 56% of people online would prefer to use a biometric security method over traditional options like passwords to log into their financial accounts online. The online survey, conducted by YouGov, found that a third (33%) of people would prefer to use fingerprint recognition as a security method to access their accounts. A further 13% would like to use iris scanners, 7%... more
Starling Bank Teams Up with Current Account Switch Service
- 8 years 2 months ago
- Mobile Banking
Starling Bank, one of the new breed of mobile-only banks, has joined the Current Account Switch Service, bringing numbers up to just shy of 50 in just three and a half years, covering almost 100 per cent of the UK’s current account market. Starling Bank, which aims to meet the banking needs of a generation of mobile users, is the newest brand to sign up to the service, which has successfully switched more than 3.5 million current accounts since... more
First Islamic core banking deal for Path Solutions in the Americas
- 8 years 2 months ago
- Banking
Suriname-based Trustbank is taking a big leap after signing a new licensing deal with Islamic software vendor Path Solutions to implement iMAL Islamic Banking & Investment System as its new core banking platform. This is a major breakthrough for the Kuwaiti vendor, as it’s the company’s first Islamic core banking software deal in the Americas. Path Solutions was selected after a comprehensive assessment of leading global solution providers... more
International Islamic Bank Selects ICS BANKS® ISLAMIC System from ICSFS
- 8 years 2 months ago
- Islamic Finance
ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that International Islamic Bank (IIB), a newly established bank in Iraq, has selected the multi-awards winning system ICS BANKS® ISLAMIC.
eProseed migrates Al Rajhi Bank's DB systems to Oracle Exadata
- 8 years 2 months ago
- Banking
Al Rajhi Bank, an advanced financial institution in the Middle East, called upon eProseed's expertise to provide assistance in the migration of its mission critical business databases to Oracle Exadata, a platform specially engineered to run Oracle Database. One year after the initiation of the project, the Bank is now reaping the benefits of improved staff productivity and resource utilization.
