Banking

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 »

RegTech Firm ClauseMatch Secures $2.5. Million Venture Debt Funding

Following recent expansion in Singapore, London based RegTech firm ClauseMatch closed its first venture debt funding round with Silicon Valley Bank (SVB), the bank of the world’s most innovative businesses and their investors. The $2.5 million loan package agreed between ClauseMatch and Silicon Valley Bank will be allocated to support the company's continued growth in Europe and Asia. Recently the company started operations in South East Asia,... more Read more »

Sopra Steria Expands Suite of Regulatory Solutions Through Alliance with Inbotiqa

Sopra Steria is today announcing an alliance with Inbotiqa, the provider of next-generation Intelligent Business Email solutions, extending its range of services answering the need for greater security and regulatory compliance across communications. Read more »

UBX opts Temenos to transform banking in the Philippines

Temenos (SIX: TEMN), the global banking software company, today announced a partnership with UBX, the fintech subsidiary of UnionBank of the Philippines, the seventh-largest bank in the Philippines. The UBX partnership with Temenos aims to deliver digital banking to millions of people in the Philippines in the next five years. The partnership will give UBX partner financial institutions access to Temenos’ integrated and highly scalable core... more Read more »

Wari Integrates with WhatsApp to Enable Customers Request Financial Services

More than 1-billion people in over 180 countries use WhatsApp to stay in touch with friends and family, anytime and anywhere. It is this very reason that has driven Wari (www.Wari.com) to integrate with the WhatsApp Business solution to enable customers – through strategic partnerships - to request its financial services around the world on WhatsApp. Read more »

Khaleeji Commercial Bank Fully Compliant with the Central Bank of Bahrain’s Open Banking Directives

 Khaleeji Commercial Bank (KHCB), one of the leading Islamic banks in Bahrain, has officially announced its readiness for open banking services today, making it the first bank in Bahrain and the MENA to be fully compliant with the CBB’s directives. Read more »

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