FICO UK Credit Market Report Shows Uplift in Spending and Payments for June/July 2020
Global analytics software provider FICO today released its June and July 2020 analysis of UK card trends which shows the first signs of payment deterioration post COVID-19. FICO monitors the UK credit market using data reported by the UK’s leading credit card issuers through its FICO® Benchmark Reporting Service. FICO’s analysis of June and July 2020 activity provides a clear picture of the ongoing impact of COVID-19 on finances.
Temenos Cloud-native, Cloud Agnostic Core Banking Technology Supports Banco del Sol to Quickly Launch a New Bank
- 3 years 7 months ago
- Core Banking, Cloud
Temenos (SIX: TEMN), the banking software company, today announced that Banco del Sol has gone live with Temenos Transact, the next generation in core banking, Temenos Financial Crime Mitigation, and Temenos Analytics. Temenos’ cloud-native technology and country model bank methodology, enabled the bank to go live quickly with built-in configurations for local market requirements.
Swedish Export Credit Corporation Partners with FIS to Digitalize Its Commercial Lending Platform
The Swedish Export Credit Corporation (SEK), which finances Swedish exporters, their subsidiaries, and foreign customers, has chosen financial technology leader FIS® (NYSE: FIS) to digitize and modernize its commercial lending platform to enhance service to its clients and streamline costs.
Avaloq Awarded Climate Neutral Company Label by South Pole
- 3 years 7 months ago
- Banking
Avaloq, a global leader in digital banking solutions and wealth management technology, has obtained the Climate Neutral Company label by leading international climate solutions provider South Pole and achieved its aim of sourcing 100% of its energy from renewable sources. The successful sustainability programme, highlighted in the company’s first Corporate Social Responsibility report, covers the 2019 calendar year.
Finzly Partners with Derivative Logic to Provide Interest Rate Hedging Capabilities to Community Financial Institutions
- 3 years 7 months ago
- Banking
Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital banking, announced that it has partnered with Derivative Logic, an independent hedge advisory firm that provides proven hedge structuring and execution capabilities.
Tinkoff Business Opens an Account for Its First Foreign Customer, Thai Office of Aviasales
Tinkoff Business started opening accounts for foreign companies operating in Russia and businesses launching branches abroad. The first customer to benefit from these services is Aviasales, the world’s largest independent travel search service, which, in addition to its Russian accounts with Tinkoff, decided to get involved in a payroll project for its Thai office. Tinkoff Business opened a current account for the company and helped deliver... more
Wirecard Card Solutions Announces Plans for Company’s Future
Wirecard Card Solutions Ltd today announces its plans for reaching a solvent wind-down of the business.
CaixaBank Reaches Online Transactions Milestone
- 3 years 7 months ago
- Banking
CaixaBank, Spain’s leading retail bank, now has more than two million customers who sign online, web and mobile banking transactions on their smartphone, using the CaixaBank Sign application. This figure has doubled compared to October 2019, when it hit one million customers using the bank's digital signature application. The growth in the use of this application has accelerated since the declaration of the state of emergency due to the epidemic... more
Ecobank Group’s Pan-African Banking Sandbox is Live
- 3 years 7 months ago
- Banking
After a successful pilot run with select Fintechs in early 2020, the Pan-African Banking Sandbox of Ecobank Group is now live and acessible, on request, to the African Fintech community. The Sandbox allows Fintechs to access Ecobank’s Application Programming Interface (APIs) for the development of innovative solutions. The Sandbox is a major milestone for the Ecobank Group on it’s Open Banking strategy and it will accelerate partnership with... more
NatWest Enhances Credit Scoring for Customers in Partnership with TransUnion
- 3 years 7 months ago
- Banking
NatWest customers are now able to see enhanced credit score information, in partnership with information and insights provider TransUnion, after the leading bank introduced credit score factors to its successful app-based ‘Credit Score’ tool.
Temenos to Host Synergy Online, the Flagship Banking Conference to Drive Innovation and Inspire Growth in North America
- 3 years 7 months ago
- Banking
Temenos (SIX: TEMN), the banking software company, invites North American financial institutions of all sizes to attend Temenos Synergy Online taking place on 23 September. This year, the event will be hosted digitally, bringing the best and brightest minds together for a day of collaboration and diving into the future of banking technology with a focus on innovative technologies such as artificial intelligence (AI) and cloud.
Tinkoff Scores Highest on Customer Loyalty Among Russian Banks, Leading Banking Market Survey Shows
- 3 years 7 months ago
- Banking
Tinkoff has become the leader among Russian banks in terms of customer loyalty as evidenced by a banking market survey conducted by Romir, Russia’s largest private holding that specializes on marketing, media and socio-economic research and represents Gallup International in the country.
Chip Has a Summer of Record Growth as the Number of Savers and Amounts Put Aside Skyrocket
Chip, the automatic savings app offering access to one of the UK's highest interest rates, has registered a summer of record growth, as the UK’s savers’ priorities shifted towards financial security and saving in light of the coronavirus pandemic and its impact on the economy. The fintech company also saw an overwhelming demand for their new Interest Accounts platform, offering savers access to the best returns regardless of however much or... more
Trustly Expands Into Australia and Canada
- 3 years 7 months ago
- Payments, Online Banking
Trustly, the global leader in Online Banking Payments, is pleased to announce that it is expanding its offering to Australia and Canada. Expansion into Australia marks Trustly’s first step into the Asia-Pacific region, while Canada bolsters its North American market coverage. Together, these two countries represent a momentous move in Trustly’s plan to develop a global Online Banking Payments network, adding to Trustly’s existing coverage in... more
PayKey’s Innovative Banking Keyboard Helps Standard Chartered Bank Korea to Drive an Embedded Banking Transformation
- 3 years 7 months ago
- Banking
Leading the next wave of banking in South Korea, Standard Chartered Bank Korea expands its partnership with PayKey, an Israeli Fintech powering frictionless mobile banking experiences, to launch a new keyboard based solution that brings embedded banking to the customers of its award-winning SC Mobile Banking app.
