Citi Appointed Depositary Bank for OMV Petrom’s GDR Programme
- 8 years 8 months ago
- Banking
Citi’s Issuer Services business, acting through Citibank N.A., has been appointed by OMV Petrom S.A. (“OMV Petrom”), the largest oil and gas group in Southeastern Europe, as depositary bank for its Global Depositary Receipt (GDR) Programme. OMV Petrom’s GDRs are listed and trade on the London Stock Exchange (LSE) under the symbol “PETB” for the Regulation S GDRs and “PETR” for the Rule 144A GDRs, with each GDR equivalent to one hundred and fifty... more
Findings Highlight UK Millennials are Uneasy of Sharing Personal Information to Open Bank Accounts
A new research report released today found that while Millennials depend on their digital devices, they are still uneasy sharing personal information to open bank accounts. The report, UK Millennial Study: Privacy vs. Customer Experience in Financial Services, focused on UK Millennials’ tolerance of friction when opening new bank accounts or credit cards, and their level of comfort when sharing personal information online and on mobile. The... more
Rambus Bell ID Enhances Tokenization Management for Banks
- 8 years 8 months ago
- Banking
In response to the increasing complexity and fragmentation of the near field communication (NFC) mobile payments ecosystem, Rambus Bell ID – part of the Rambus Security Division – has launched Token Gateway. Issuing banks can now manage tokenization activity for the ‘OEM Pay’ mobile wallets through a single software platform. This significantly simplifies and consolidates integration with the multiple token service providers (TSPs) operated by... more
LendingCrowd Goes Live with P2P Investor Deal
- 8 years 8 months ago
- Alternative Finance
LendingCrowd, one of the UK’s fastest-growing alternative finance lenders to the SME market, has announced a market-leading offer to investors who are thinking about adding P2P to their investment strategy. By investing £5000, investors will get a 2.5% joining bonus allocated to their accounts and access to a lending platform that achieved an 8.1% rate of return over the last twelve months.
SME Digital Services – the Disconnect Between Customer & Bank
- 8 years 8 months ago
- Banking, Infrastructure
Financial services providers, if they want to retain the loyalty of their small business customers, need to provide a more considered offering than they currently do. Research we conducted last year showed that 68% of SMEs are willing to look elsewhere for financial services, and that more than half are tempted to switch banks to get the service they require.
Money20/20: Mobile Banking and Payments Security Experts Available
- 8 years 8 months ago
- Payments, Mobile Banking, Security
On hand at Money20/20 (October 23–26, 2016; The Venetian, Las Vegas) are two senior executives from Entersekt, the mobile app security and authentication market leader. They can provide commentary on advances in online and mobile banking security and how critical mobile innovation is to financial institutions’ long-term futures. Dewald Nolte is a co-founder of Entersekt. As SVP partnerships and alliances, he is responsible for building Entersekt... more
Banco CTT Implements Misys FusionBanking Essence
- 8 years 8 months ago
- Retail Banking, Infrastructure
Misys today announced the successful implementation of Misys FusionBanking Essence for Banco CTT, a new bank launched by Portugal’s national post service, CTT Correios de Portugal. The bank opened its first branch in November 2015 and then launched 51 branches in one day in March 2016 – the largest such opening in the country’s history – and is aiming for 200 branches by the end of the year.
Open Technology Solutions Chooses Alkami’s ORB Platform
- 8 years 8 months ago
- Banking
Alkami Technology, a provider of online and mobile banking solutions for financial institutions, announced that Open Technology Solutions (OTS), a Centennial, Colo.-based Credit Union Service Organization (CUSO), has selected its ORB digital banking platform to provide OTS’s member credit unions, including Denver-based Bellco Credit Union, New York-based Bethpage Federal Credit Union (Bethpage FCU) and Baltimore-based SECU of Maryland (SECU),... more
ICBA Names Michael E. Kochenour as Eastern Region Community Banker of the Year
- 8 years 8 months ago
- Banking
York Traditions Bank (OTC Pink: YRKB), headquartered at 226 Pauline Drive in York Townshipwas notified by the The Independent Community Bankers of America® (ICBA) in Washington, DC this week that Michael E. Kochenour, York Traditions Bank Founder, Chairman and CEO is the eastern region winner of the association's 2016 National Community Banker of the Year award. This annual award recognizes the exceptional work and commitment of individual... more
Commonwealth Bank of Australia Deploys Misys Corporate Banking Solution
- 8 years 8 months ago
- Banking
Commonwealth Bank of Australia (CBA) has selected Misys to provide cloud-ready, connected institutional banking technology solutions to support its banking services outside of Australia. The connected corporate banking solution from Misys will enable digitisation of end-to-end business processes that facilitate connected lending, trade and cash management. The agreement covers CBA’s operations outside of Australia and will provide a single,... more
Mohammed Kateeb Received the Leadership Award in Information Technologies & Media
- 8 years 8 months ago
- Islamic Finance
On Monday 10th October, Professor Laurent Marliere, publisher of ISLAMICA 500 presented Mohammed Kateeb, Group Chairman & CEO of Path Solutions, the prestigious Leadership Award 2017 in Information Technologies & Media. Held in conjunction with the ‘Global Islamic Economy Summit (GIES 2016)’, the ISLAMICA 500 private award reception took place at the Hilton Dubai Jumeirah Beach, UAE.
IFINTEC Finance Technologies Conference and Exhibition
- 8 years 8 months ago
- Banking
IFINTEC Finance Technologies Conference and Exhibition will be held on 09-10 May 2017 in Istanbul, Turkey. IFINTEC is one of the biggest events in EMEA region on Banking Technology, Banking Solutions and Finance Technologies. With 850+ attendees, attendance from 15+ countries, 40 speakers, 35+ speaking sessions, IFINTEC 2016 was organized very successfully. An intensive participation is expected to the IFINTEC 2017 from Turkey and many other... more
NextGen Banking Nordics Summary: The Collision of Security and Convenience
In the Nordics, digital disruption is all the rage. Innovative FinTech startups are popping up among the region’s established banks, putting pressure on the latter to remain relevant to today’s tech-savy consumers. Can they keep up? NextGen Banking Nordics 2016 brought together leaders from all walks of the industry to talk about trends like blockchain, mobile, biometrics and more. Trustly CPO Josef Darmark joined the discussion in a panel... more
Path Solutions Gets New Accolade at the ECPC2016
- 8 years 8 months ago
- Islamic Finance
Path Solutions was the Gold Sponsor of the Egyptian Collegiate Programming Contest (ECPC), which was held successfully on the 8th & 9th of October at the Arab Academy for Science, Technology and Maritime Transport (AASTMT), Abu Qir Campus in Alexandria, Egypt.
CBW Bank Named Most Innovative Community-Based Banking Organization by BAI’s 2016 Global Banking Innovation Awards
- 8 years 8 months ago
- Banking
Weir, Kan.-based CBW Bank has been named the “Most Innovative Community-Based Banking Organization” by BAI in this year’s Global Banking Innovation Awards. Additionally, the bank was recognized as a finalist in the “Innovation in Payments” category. Winners were announced at BAI Beacon in Chicago.
