Top US-Based Bank Selects Temenos for Core Banking Modernization in the Cloud
- 2 years 6 months ago
- Core Banking
Temenos today announced that Regions Bank, a top bank in the US, has selected Temenos to modernize its legacy systems for customers’ records and deposits on the Temenos Banking Cloud. The move to software as a service (SaaS) will enable Regions Bank to deliver more seamless customer experiences and more personalized banking products and services designed to help consumers and businesses reach their financial goals.
SWK Bank Moves from Bingen to Mainz
- 2 years 6 months ago
- Banking
SWK Bank, one of Germany's leading service and direct banks, will move from its current headquarters in Bingen to Mainz. The new office space in Mainz has been specially designed to promote cooperation between the teams and individual divisions to support the bank's further growth. The Bank is planning a 2-location strategy: the back office will continue to work from Bingen, the other departments from the new location in Mainz. The head office... more
Societe Generale and Lemonway Partner to Support the Growth of Large Corporates’ B2B Marketplaces in Europe
- 2 years 6 months ago
- Banking
Societe Generale, one of Europe’s leading banking groups, and Lemonway, an ACPR-licensed pan-European payment institution, have signed a commercial partnership to deliver payment services to large corporates in Western Europe, launching B2B marketplaces. With complementary approaches, these two firms have committed to adequately addressing the growing needs of corporates in the booming B2B marketplace sector.
10/04 – Weekly Fintech Recap
- 2 years 6 months ago
- Banking, FinTech StartUps, M&A Deals, People Moves
Partnerships Union Credit, TransUnion Partner to Provide Consumers with Embedded e-Commerce Options from Credit Unions
BACB Announces Exceptional Results and CEO Succession
- 2 years 7 months ago
- Banking
British Arab Commercial Bank (BACB), the UK-regulated, specialist trade finance bank has announced that today the Board of BACB Plc approved the 2022 financial statements which confirm that the Bank has successfully navigated challenging market conditions and delivered exceptional overall results. This is testament to the extensive efforts over the past two years to reshape and reposition the Bank through its strategy of Safe, Sustainable,... more
African Islamic Finance Awards Distribution Ceremony will be Held in the Gambia
- 2 years 7 months ago
- Islamic Finance
African Islamic Finance Awards distribution ceremony will be held along with 10th African Islamic Finance Summit which is scheduled on 3rd May 2023 in Sir Dawda Kairaba Jawara International Conference Center, The Gambia with the Theme, lets encourage the African Islamic Banking and Takaful Industry. AlHuda Centre of Islamic Banking and Economics (CIBE) is organizing Africa Islamic Finance Awards. Africa is the world’s second-largest and most... more
BNP Paribas Extends Partnership with Worldline to Reduce SEPA Direct Debit Fraud
- 2 years 7 months ago
- Banking
BNP Paribas Cash Management has selected Worldline, a global leader in payments services, to reduce fraud in SEPA Direct Debit transactions. BNP Paribas has implemented Worldline’s solution, which combines the electronic signature of SEPA mandates with Open Banking-based account validation, in Germany, Italy and France, with additional countries to follow in a few months.
Gatehouse Bank Named UK’s Most Innovative and Best Islamic Bank
- 2 years 7 months ago
- Islamic Finance
Gatehouse Bank has been named the ‘Best Islamic Bank in the United Kingdom’ and the ‘Most Innovative Bank in the United Kingdom’. The Shariah-compliant challenger Bank was given the accolades by the international media group, Islamic Finance News (IFN), following a record number of votes in its most recent Best Banks Poll – Country, which honours outstanding Islamic banks in key financial markets.
8th Kickstart Innovation Program Launched with a Continued Focus On Sustainability and Circular Economy with Over 40 Public and Private Players in Switzerland
- 2 years 7 months ago
- Alternative Finance
“We have been a Global Partner of Kickstart since its founding in 2016. Together with our in-house experts, Kickstart defines relevant topics and looks for promising startups.
Lloyds Bank And Enigio Launch New Trade Digitisation Partnership
- 2 years 7 months ago
- Banking
Lloyds Bank and Enigio have launched a new long-term partnership to support greater use of digital documentation in trade finance through the use of blockchain technology.
Dubai Financial Services Authority and Brunei Darussalam Central Bank Sign MoU to Boost Cooperation in Financial Supervision
- 2 years 7 months ago
- Alternative Finance
The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with Brunei Darussalam Central Bank to boost information exchange and cooperation between the two authorities. The MoU was signed by representatives from the DFSA and Brunei Darussalam Central Bank on 4 April 2023.
Central Bank of UAE (CBUAE) Selects R3, G42 Cloud and Clifford Chance to Assist in Implementing its CBDC Strategy
- 2 years 7 months ago
- Banking
The Central Bank of the UAE (CBUAE) has launched its Central Bank Digital Currency (CBDC) Implementation Strategy in collaboration with R3, G42 Cloud and Clifford Chance. For Phase 1, R3 and G42 Cloud have been selected as the technology and infrastructure providers of the initiative respectively, while Clifford Chance will provide critical legal oversight for the strategy.
Allica Bank Ramps Up SME Support with Refreshed Credit Appetite
- 2 years 7 months ago
- Banking
Allica Bank has made significant changes to its commercial mortgage credit appetite with cuts to its stress-testing and Debt Service Cover Ratio (DCSR) requirements across all products, and an increase in its maximum Loan to Values (LTV) for prime owner-occupied commercial mortgages. It has also reduced the DSCR requirement for its asset finance product.
Key Environmental Trends To Look Out For Across The Fintech Industry
- 2 years 7 months ago
- Banking
There are a growing number of eco-minded customers being drawn to fintech services, as it is easier to measure the green credentials of newer players than those operating in traditional finance. This is according to virtual payment card provider Lanistar.
Allfunds Tech Solutions Announces New Partnership with UniCredit
- 2 years 7 months ago
- Banking
Allfunds Tech Solutions, the bespoke digital solutions arm of Allfunds specialising in harnessing the power of digital transformation for clients across the financial services industry, today announces a new partnership with UniCredit, the pan-European commercial bank.
