Bank of England launches FinTech Community
The Bank of England's FinTech accelerator programme has introduced a new community forum for innovation talks and two new proof of concept trials exploring the use of AI and distributed ledgers.
Gadget ransomware warnings highlight opportunity to improve identity authentication
- 8 years 2 months ago
- Trading Systems, Retail Banking, Fraud Detection, Infrastructure
Fraud follows the channels of adoption, but as we get more connected, the easier it will become to prove our identity. This week the National Crime Agency and National Cyber Security Centre reported that a particular kind of security breach, ransomware, has grown significantly over the past year, with the popularity of internet-connected gadgets increasing the risk of attacks for consumers.
ICS Financial Systems to Display at the Sub-Saharan Africa Islamic Finance Convention 2017
- 8 years 2 months ago
- Banking, IT Innovations, Financial
ICS Financial Systems (ICSFS) is the world software and services provider for banks and financial institutions. It will showcase at the Sub‐Saharan Africa Islamic Finance Convention & Innovation 2017 in Uganda. The event is a new frontier of opportunity of Islamic finance expansion in the region, and will be held at the Sheraton Kampala Hotel, on the 6th of April 2017.
Entrepreneur Magazine: Intelliber Technologies recognized as one of the best privately held companies in America
- 8 years 2 months ago
- Mobile Banking, Cloud, IT Innovations, Technical, BPM
Small businesses are regarded as one of the banes of being an enterprise. SMB's have their own kinds of challenges and their success majorly depends on the support received from the ecosystem or the visionary strengths of its management team.
Decisions by Nordea’s AGM 2017
- 8 years 2 months ago
- Banking
Today’s Annual General Meeting (AGM) of Nordea Bank AB approved the income statement and balance sheet for 2016 and decided on a dividend of 0.65 euro per share. Accordingly, the record date for dividend would be 20 March 2017.
ICS Financial Systems to Participate at the Sub-Saharan Africa Islamic Finance Convention 2017
- 8 years 2 months ago
- Islamic Finance
ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, will be exhibiting at the Sub‐Saharan Africa Islamic Finance Convention & Innovation 2017 in Uganda, which is a new opportunity of Islamic finance expansion in the region, and will be held at the Sheraton Kampala Hotel, on the 6th of April 2017.
ING 2016 Integrated Annual Report: Accelerate
- 8 years 2 months ago
- Banking
"Accelerate" is the theme of the 2016 Integrated Annual Report of ING Groep N.V. (IAR) that is published today, together with the Annual Report of ING Bank N.V. The theme demonstrates the accelerating pace of change in technology and other areas that are impacting our customers' lives and their expectations from financial service providers. It also expresses how we, as digital leaders in banking, are accelerating the Think Forward strategy to... more
Sionic Mobile Inks Contract With PaySwag To Support Mobile Loyalty And Instant universal Rewards to the Underbanked
- 8 years 2 months ago
- Payments, Mobile Banking
Sionic Mobile and Customer Engagement Technologies (CET) today announced a partnership to provide mobile loyalty and instant universal rewards to the underbanked.
Teller automation units are core to branch transformation projects
- 8 years 2 months ago
- Banking
Teller assist units reduce the time taken to accurately handle cash transactions, improving efficiency and freeing staff to take on alternative tasks. Banks continue to use teller automation units to improve branch efficiency
South African Peach Payments Offers Seamless Mobile Checkout Solution
- 8 years 2 months ago
- Payments, Mobile Banking
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that Peach Payments, a fast-growing South African payment service provider (PSP), will offer merchants a seamless mobile checkout solution with the ACI Mobile Commerce Software Development Kit (mSDK).
Misys is the only vendor to lead in three XCelent 2017 awards in FRTB
- 8 years 2 months ago
- Banking
Misys has been recognised as a leader in helping banks meet the requirements of the Fundamental Review of the Trading Book (FRTB) – winning three XCelent 2017 awards – an achievement unrivalled by any other vendor. The results are detailed in Celent’s recent research report: ‘FRTB and the Upcoming Renaissance in Market Risk Management’.
Citi Introduces a New Way of Login for Customers
- 8 years 2 months ago
- Banking
Citi has launched a new digital solution that eliminates the need for users to carry physical tokens for login. Clients can use an app-based soft token on their own smartphones to generate dynamic passcodes while delivering secure authentication and convenience. The new login solution is available for Citi’s award-winning, digital banking product suite including CitiDirect BE®, CitiDirect BE® Mobile and CitiDirect BE® Tablet.
Kenya’s Largest Private Bank Launches First Digital Banking Service
- 8 years 2 months ago
- Online Banking
Commercial Bank of Africa Limited (“CBA”), Kenya’s largest privately owned Bank, has recently launched the region’s first Digital Banking Service, CBA Loop, which incorporates Personal Financial Management (PFM) solution, in collaboration with Strands. CBA, has presence across several countries in Eastern Africa including Tanzania, Uganda and Rwanda and has plans to expand its footprint to other suitable markets in Africa including Ivory Coast... more
ING reports changes in Executive Board
- 8 years 2 months ago
- Banking
ING will propose to the 2017 Annual General Meeting (AGM) on 8 May 2017 to appoint Koos Timmermans and Steven van Rijswijk as members of the Executive Board. Upon appointment they will also become members of the Management Board Banking of ING. Koos Timmermans will become chief financial officer as of the date of the AGM, succeeding Patrick Flynn who has decided to pursue his career outside of ING. Steven van Rijswijk will become chief risk... more
EquensWorldline Proceeds All Payments Through Degussa Bank
EquensWorldline SE, subsidiary of Worldline, European leader in the payments and transactional services industry, will process all payments of Degussa Bank AG, Germany, starting Q2-2017.