Temenos Multifonds Global Accounting Awarded Highest Status in Five Portfolio Management & Accounting Solution Categories
- 5 years 2 weeks ago
- Banking
Temenos (SIX: TEMN), the banking software company, today announced that the Temenos Multifonds Global Accounting product has been awarded the status of “differentiated”, in a recent report. The 2019 8 x 8 report by Adox Research on Portfolio Management & Accounting solutions, recognized Temenos in the following five out of eight categories: Usability, Functionality, ROI, Vision, and Supplier Risk.
Thomson Reuters Enhances Strategic Partnership With Path Solutions for ONESOURCE Centralized Tax Solution
- 5 years 2 weeks ago
- Core Banking
Thomson Reuters, provider of the industry’s most powerful tax and accounting technology for corporations, and Path Solutions, provider of intelligent software solutions to Islamic banks and financial institutions, have enhanced their existing partnership to provide the GCC’s financial services sector with an opportunity to introduce automation, efficiency and accuracy into tax workflows and core banking operations.
Movii and Yabx Offer Credits to MSMEs Amid Covid-19
- 5 years 2 weeks ago
- Covid-19, Lending, Online Banking
Movii, a leading mobile wallet and a challenger bank in Colombia, and Yabx, a leading technology company in contactless lending have joined hands to provide credit services for MSMEs. Businesses can use this credit service to facilitate their business operations and purchase FMCG stocks.
NatWest Prolongs Contract with Artesian Solutions’ Relationship Intelligence and Customer Insight Platform
- 5 years 2 weeks ago
- Banking, Security, Data Management
NatWest, part of the Royal Bank of Scotland Group, has today announced the renewal of its agreement with Artesian Solutions as the Banks’s core relationship intelligence and customer insight platform. The announcement follows a competitive five-month tender process which assessed the latest artificial intelligence solutions against strict criteria aimed at contributing to the Bank’s mid-term growth plans and aligned to their key strategic... more
Knowledge Bank Responds to Broker Challenge for SVR List
- 5 years 2 weeks ago
- Banking
Knowledge Bank has responded in under 24 hours to broker demand for an easy way to see lenders’ current SVRs. Knowledge Bank responded instantly, creating a complete point of reference of all residential and buy-to-let lender LTVs, held all in one place.
Bambu Taps Next-Generation FIS Platform to Bring Mobile-Only Banking Services to Unbanked Consumers
- 5 years 2 weeks ago
- Banking
FIS™ (NYSE: FIS), a global leader in financial services technology, announced today that fintech startup Bambu has selected FIS’ next-generation Modern Banking Platform to power a new digital banking solution for U.S. unbanked and underbanked.
Temenos and Microsoft Partner to Offer Fast Access to AI-Driven Temenos Financial Crime Mitigation SaaS Solution to Help Banks Combat Surge in Cybercrime During Covid-19
- 5 years 2 weeks ago
- Artificial Intelligence, Covid-19, Banking
Temenos (SIX: TEMN), the banking software company, announced today a joint effort with Microsoft to enable access to its AI-powered, Financial Crime Mitigation (FCM) SaaS solution to allow banks to protect both their customers and their organization from financial crime increase during the pandemic, particularly as banks have moved to remote working to protect their staff. Temenos AI-powered, Financial Crime Mitigation SaaS solution based on... more
Mortgage Brain sees product numbers increasing and ESIS volumes stabilising
- 5 years 2 weeks ago
- Banking
Last week saw the number of available mortgage products increase for the second week in a row to 8,044 products, an increase of 488 (5.9%) from the previous week. The majority of the growth has been seen in the remortgage sector where the product numbers increased by 5.4%, while home mover products increased by 2.0% and BTL product numbers reduced by 1.9%. When compared to pre-pandemic levels, the number of mortgage products is 6,630 (45.2%)... more
Temenos launches new SaaS propositions to help banks respond to Covid-19 while accelerating their digital transformation
- 5 years 2 weeks ago
- Covid-19, Open Banking, Banking
Temenos (SIX: TEMN), the banking software company, today announced the launch of eight propositions – using innovative Explainable AI (XAI) and cloud technologies – to help banks in their immediate response to the Covid-19 crisis. Temenos is supporting banks to ensure business continuity, enhance digital engagement to meet clients’ changing needs, and manage socioeconomic pressures. These Covid-19 propositions are immediately available worldwide... more
Over Half of Tandem Customers Now Using Smart Autosavings Rules
- 5 years 2 weeks ago
- Banking
Tandem Bank is celebrating the one year anniversary of its intelligent Autosavings feature, which gradually and effortlessly builds an individual's savings account for them. More than half of Tandem Accounts are actively set up to use the feature, suggesting the tool has been an incredible success. Tandem’s goal was to help incentivise individuals to prioritize their savings whenever possible, and given the deteriorating state of global affairs... more
Three in five likely to use digital banking offered by neobanks and challenger banks by 2025: Backbase Report
- 5 years 2 weeks ago
- Banking
Digital banking in the Asia Pacific (APAC) is set to be widely adopted with over three in five customers (63%) willing to make the switch to neobanks and challenger banks in the next five years, according to the Fintech and Digital Banking 2025 report by Backbase and IDC. The report also found that the region is expected to see 100 new financial institutions by 2025, ushered in by liberalization of several markets and issuance of new banking... more
BancaStato Implements Appway's Client Lifecycle Management Solution Suite
- 5 years 2 weeks ago
- Banking
Banca dello Stato del Cantone Ticino (BancaStato) is investing in Appway’s client lifecycle management (CLM) solution suite to better support its front office with all client interactions, as well as reduce customer response times and improve operations across its front, middle, and back office. Concurrently, BancaStato is expanding its use of Appway for its fully-owned subsidiary specialized in world-class private banking services, known as... more
Interbank market sees live deployment of blockchain technology in reconciliation process
- 5 years 2 weeks ago
- Blockchain, Banking
Thirty-two banks in Italy have gone live with one of the first real-world deployments of enterprise blockchain technology in interbank financial markets. The Spunta Banca DLT app for interbank reconciliation has been built by the Italian Banking Association, ABI, on R3’s Corda Enterprise platform. The traditional reconciliation process for interbank transactions in Italy—formerly governed by the spunta process is notoriously complex.
Masthaven launches fees-free remortgage range
- 5 years 2 weeks ago
- Lending, Banking, Retail Banking
Masthaven Bank has today launched a new fees-free remortgage range on its first charge residential two-year and five-year fixed remortgage products. The specialist bank has released the limited-edition products in response to continued demand for remortgages, particularly for fees-free ranges, during the coronavirus outbreak. Masthaven says the new products are designed to empower brokers to offer their customers greater flexibility around their... more
Brattleboro Savings & Loan Selects NCR to Elevate Digital Banking Experience
NCR (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that Vermont-based Brattleboro Savings & Loan (BS&L) chose NCR to provide customers and businesses with a superior digital banking experience. With the NCR DI platform, the bank will consolidate three vendors that previously supported digital banking into one, simplifying operations and increasing efficiency in the back office.
