Banking

Bankingblocks and Five Degrees Announced Partnership to Target Challenger Banks and Payment Companies

Today Bankingblocks; a wholesale banking provider for fintech and payment companies and Five Degrees; a digital core banking provider, announce its partnership at Money 2020 – one of Europe’s largest financial services and payments events. Bankingblocks is using Five Degrees’ Matrix solution as their digital core banking platform to launch, innovate and offer disruptive banking services to its global clients and partners including challenger... more Read more »

Banking Circle Launches White Paper on Increasing Financial Inclusion for Businesses

Ground-breaking financial utility, Banking Circle, is on a mission to improve access to global financial services for businesses of all sizes. Underlining this commitment, the firm has commissioned new research to provide a fresh perspective on existing failings and opportunities. The findings of the research, undertaken by MagnaCarta Communications, will be published in a new white paper launched today at Money20/20 Europe. Read more »

Eurobank Group Selected Temenos to Drive Digital Transformation

Temenos (SIX: TEMN), the banking software company, announced today that Eurobank Group has selected Temenos Infinity, the breakthrough digital front office product and Temenos T24 Transact, the next generation in core banking system, to enhance its business agility and secure significantly lower deployment costs. The group has opted for a full IT renovation program of its subsidiaries to drive its digital transformation starting with Eurobank... more Read more »

BBVA and NetApp Announced an Alliance to Drive Forward its Cloud Services

Today BBVA and NetApp, the data authority for hybrid cloud, announced an alliance that makes NetApp a priority technological partner for BBVA. The alliance is part of a series of strategic agreements the banking group is implementing to become a more flexible and scalable digital bank. Read more »

Mastercard Receives Asia-Pacific Economic Cooperation Privacy Certification

Mastercard has received certifications under the Asia-Pacific Economic Cooperation (APEC) Cross Border Privacy Rules system and the Privacy Recognition for Processors system. Mastercard is now one of the few companies that have both implemented Binding Corporate Rules approved by the EU data protection authorities, and achieved the APEC certifications. Read more »

Bank Leumi, CIBC and National Australia Bank Launch Online Portal to Drive Collaboration with Fintechs

As part of an international banking alliance, Bank Leumi of Israel (TASE: LUMI), CIBC and National Australia Bank (ASX: NAB) today introduced Global Alliance Fintech Link, a global online portal developed to help drive client-focused innovation by facilitating collaboration between the banks and financial technology firms (fintechs). Read more »

Profile Software:Gold Sponsors at FinanceMalta’s 12th Annual Conference 2019

Profile Software, an international financial solutions provider, announced today its support to the FinanceMalta’s 12th Annual Conference 2019 taking place on 5-6 June at the Hilton Conference Center, in St Julian’s, Malta, as a gold sponsor. Read more »

Temenos Named as a 'Top Global Player' and Global Power Seller in 2019

For the seventh consecutive year, Temenos (SIX : TEMN), the banking software company, has been named 'Top Global Player' for combined deals in research firm Forrester's prestigious Global Banking Platform Deals Survey 2019, a key benchmark for measuring new and extended banking system business. Read more »

KRM22 Acquires OBJECT+ to Expand its Market Risk Management Offerings

KRM22, the technology and software company, focused on risk management in capital markets, has announced that it has signed a definitive agreement to acquire Object+, a risk management and post-trade services technology company for capital markets firms. Based in the Netherlands with offices in Amsterdam and Chicago, Object+ services global banking and trading firms across Europe, North America and Asia. Its market risk management technology... more Read more »

Saxo Bank Launches Multi-Legged Option Strategies to SaxoTraderGO

Saxo Bank, the online multi-asset trading and investment specialist, today announces that it is adding a combination order ticket for all clients trading listed options in SaxoTraderGO and SaxoTraderPRO. Read more »

Banking Regulation and the Campaign to Mitigate the Unintended Consequences for Trade Finance

The International Chamber of Commerce (ICC) Banking Commission has today released a whitepaper urging the trade finance industry to work together to ensure that regulation does not hinder the availability of trade finance and remains relevant in a digital landscape. Read more »

84% of Banks Turning to Fintech Partnerships

More than three-quarters (84%) of banks are considering new fintech partnerships in 2019 in a bid to improve customer experience (36%) and achieve real-time visibility (36%). The research, commissioned by fintech provider Fraedom, also found that other factors inspiring banks to partner with fintechs are better cash and card management, speeding up digital transformation and cost savings. Read more »

Emirates NBD Building Artificial Intelligence-enabled Bank of the Future with AWS

Amazon Web Services (AWS), announced that Emirates NBD, a leading bank in the Middle East, is collaborating with AWS to create a culture of innovation within the bank and is using AWS machine learning (ML) services to build a personalised retail customer banking experience. Emirates NBD will also utilise AWS data analytics, Internet of Things (IoT), Natural Language Processing (NLP), and other advanced technologies as part of its ongoing efforts... more Read more »

Tink Open Banking Study: Financial Institutions Conflicted but Cautiously Optimistic

Open banking was launched to spur innovation in the financial services industry and create a better deal for consumers. But new research published today by open banking platform Tink reveals that European financial institutions still have significant concerns about its impact. Two fifths (39%) see open banking regulation as the biggest current threat to their business model and 56% fear that consumer loyalty towards banks will be significantly... more Read more »

Path Solutions Named as the Number One Islamic Banking Software Provider Worldwide for Tenth Year

Path Solutions, the global Islamic banking software company was ranked ‘Number One Islamic Banking Software Provider’, as well as ‘4th Global Universal Banking System Provider in 2019’ according to the latest IBSI Sales League Table. Read more »

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