British Business Bank Agrees Initial £75M ENABLE Guarantee with Cynergy Bank
- 2 years 2 months ago
- Banking
The British Business Bank has agreed an initial £75m ENABLE Guarantee with Cynergy Bank. The guarantee will cover a portfolio of term loans secured, within the commercial real estate sector (e.g. hotels or care homes) and has the potential to be increased to £150m, resulting in up to £70m of additional lending capacity to small businesses.
Saxo Bank Reaches Historic Milestone, Surpassing More than USD 100 billion in Client Assets
- 2 years 2 months ago
- Banking
Saxo Bank announces a significant milestone as it surpasses USD 100 billion in client assets. This remarkable achievement underscores Saxo Bank's growth in the number of both clients and deposits, and solidifies its position as a leading financial provider amidst a challenging macro-economic environment.
Azentio Software’s iMAL is Now Live at Rammis Bank, Ethiopia
- 2 years 2 months ago
- Islamic Finance
Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that the latest version of its Islamic banking solution - iMAL, has gone live at Rammis Bank, a newly launched financial institution in Ethiopia specializing in Sharia-compliant products and services.
CaixaBank Launches App that Turns Phones into Point of Sale Devices
- 2 years 2 months ago
- Mobile Banking
CaixaBank launches Smartphone TPV, a solution designed for businesses, professionals and the self-employed of any size and sector, enabling them to easily accept card payments of any amount from mobile devices, without the need for an additional device, as was previously necessary.
Sonovate Launches New Platform to Significantly Enhance its Offering for Large, Multinational Recruitment Organisations
- 2 years 2 months ago
- Alternative Finance
Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce has significantly enhanced its funding technology platform to enable it to better serve large, multinational recruitment businesses and launch new lines of products in the future as it continues to grow and expand its customer base.
YES BANK Collaborates with Red Hat to Redefine Mobile Banking Experience for its Customers
- 2 years 2 months ago
- Mobile Banking
Red Hat, Inc., the world's leading provider of open source solutions, today announced that YES BANK has adopted Azure Red Hat OpenShift to transform their mobile banking applications. Azure Red Hat OpenShift will further expedite the digital journey of YES BANK with faster time to market, more flexibility and ability to drive greater innovation. The new platform will enable YES BANK to improve customer experience and provide innovative banking... more
New Report Reveals Untapped Youth Market for Banks and Credit Unions
- 2 years 2 months ago
- Banking
Today, Rego Payment Architectures, Inc.
OTP Bank, the Largest Bank in Hungary, Chooses Intellect Digital Core Banking Platform to Provide a Contextual Banking Experience for Their Customers
- 2 years 2 months ago
- Core Banking
Intellect Global Consumer Banking (iGCB), ranked #1 in the world for Retail Banking by IBS Intelligence, announced that the OTP Bank, one of the leading commercial banking groups of Central and Eastern Europe (CEE) has chosen iGCB’s acclaimed, Intellect Digital Core (IDC) for final exclusive contracting period with expectation to fulfil their vision of providing a complete range of highest quality financial services to their customers in CEE.
MEBIS 2023 - Where the Banking Elite Convened to Deliberate on the Challenges and Opportunities of the Digital Age
- 2 years 2 months ago
- Banking
Featuring 70+ speakers to share their knowledge and expertise on the changing face of the banking sector though innovation and technology developments, the 14th Edition of the Middle East Banking Innovation Summit (MEBIS 2023) once again reinforced itself as being the leading banking technology event in the Middle East region bringing together the shining minds of the industry!
The Fintech Skaleet Joins Forces with Ondato to Accelerate the Development of New Banking Services
- 2 years 2 months ago
- Core Banking
Skaleet joins forces with Ondato, a specialist in KYC (Know Your Customer) and fight against money laundering tools, in order to allow its customers to accelerate the deployment of innovative banking services. A new integration that allows its core banking platform to remain the most complete in the market. A new generation core banking platform
Financial Inclusion Report for Improved Access for d/Deaf Community in Banking & Credit Industries Launched by the LSB
- 2 years 2 months ago
- Banking
A report launched today by the Lending Standards Board (LSB) drives financial inclusion for d/Deaf customers in the banking and credit industries.
Ghana International Bank Upgrades to Latest Version of Planixs’ Real-Time Treasury Software for Increased Liquidity Management Capabilities
- 2 years 3 months ago
- Banking
Planixs customer, Ghana International Bank, has upgraded to the latest software version of Realiti®, the company’s real-time intraday cash, collateral and liquidity management solution which will provide the bank with enriched functionality to manage its cash and liquidity.
P2P Returns are Most Affected by Bank Deposits
- 2 years 3 months ago
- Banking
Deposits have the greatest impact on the profitability of P2P lending. At the same time, the market reacts most quickly to the dynamics of high-risk investments. Analysts of the Robocash platform studied 6 investment assets to find a correlation between their returns and the P2P market dynamics. The specialists evaluated the behaviour of assets through the Granger test*.
ila Bank Launches ‘alburaq' – a New Islamic Banking Experience in Bahrain
- 2 years 3 months ago
- Islamic Finance
Bank ABC’s commitment to digital disruption remains resolute, as its retail arm ila Bank has launched Bahrain’s exclusively digital, Shari’a-compliant banking offering for individual customers - ‘alburaq.’ This Islamic banking experience from ila Bank brings customers a host of intuitive Islamic banking products and services at their fingertips, through ila’ state-of-the-art mobile app.
Standard Chartered Partners Worldpay from FIS to Accelerate Global Expansion of Straight2Bank Pay
- 2 years 3 months ago
- Banking
Standard Chartered and the world’s largest merchant acquirer, Worldpay from FIS®, have announced a strategic partnership to expand the market coverage of, and enable new capabilities on, Straight2Bank Pay, the Bank’s one-stop digital collections gateway for merchants. This global partnership is a testament to Standard Chartered’s continued investment in its cash management solutions via innovation and partnerships to deliver value-added... more
